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	<title>decline &#8211; USA NEWS LIVE</title>
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	<description>All About USA NEWS</description>
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	<title>decline &#8211; USA NEWS LIVE</title>
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		<title>Tesla sales decline in California with model 3 36% &#8211; The Mercury News</title>
		<link>https://bloggingthree.soflytech.com/2025/02/tesla-sales-decline-in-california-with-model-3-36-the-mercury-news/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Tue, 04 Feb 2025 07:07:35 +0000</pubDate>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[California]]></category>
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		<category><![CDATA[Tesla]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=23909</guid>

					<description><![CDATA[Tesla Inc. registered fewer cars in California in all 4 quarters of 2024, because the turnover of its second commonest model decreased by 36% for the 12 months. The turnover of the Electric Vehicle Makers by removed from the biggest EV market within the United States fell by almost 8% within the fourth quarter and [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" src="https://www.mercurynews.com/wp-content/uploads/2025/02/tesla.webp?w=1400px&amp;strip=all" /></p>
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<p>Tesla Inc. registered fewer cars in California in all 4 quarters of 2024, because the turnover of its second commonest model decreased by 36% for the 12 months.</p>
<p>The turnover of the Electric Vehicle Makers by removed from the biggest EV market within the United States fell by almost 8% within the fourth quarter and 12% a 12 months, in line with the information collected by the California New Car Dealers Association. Model 3&#39;s annual registrations of the Limousine fell by greater than a 3rd.</p>
<p><strong>Relatives: Your automotive knows more about you than you&#8217;re thinking that</strong></p>
<p>Tesla&#39;s registrations decreased, although the corporate added a fifth model &#8211; the polarizing cybertruck &#8211; to its line -up last 12 months. While more frequent business aspects for enjoying have arisen, including the change in Model 3 sedan at first of the 12 months, the corporate probably lost a certain company in California resulting from the Active ROL chief Executive Officer Elon Musk in California.</p>
<p>The 53 -year -old musk spent at the very least 288 million US dollars to decide on Donald Trump and other Republican candidates throughout the cycle of 2024. California decided in November 20.2 points for the democratic candidate Kamala Harris.</p>
<p>Tesla managed to take care of a big a part of the state&#39;s zero emission vehicles last 12 months, although its share of 60.1% decreased to 52.5%. All models within the aging line -up of the corporate based in Austin fell for the 12 months, except the cybertruck, which began at the top of 2023.</p>
<p>Honda Motor Co. and Hyundai Motor Co. were the most important profits within the EV segment and added 1.8 or 1.5 percentage points of the share.</p>
<p>In July last 12 months, he announced that his corporations X and SpaceX would also leave the state for Texas, and signed a brand new law that governor Gavin Newsom has signed that faculty districts were obliged by the teachers to make parents about changes within the gender identity To inform students.</p>
<p>After the election, Newsom threatened to exclude Tesla from EV discounts that the state can offer if Trump traces threats to cancel the tax credits for consumers.</p>
<p>&#8211; With the assistance of Craig Trudell.</p>
<p>Other stories like this can be found in <a href="https://www.bloomberg.com">Bloomberg.com</a></p>
<p>© 2025 Bloomberg LP</p>
<p>Originally published: <time datetime="2025-02-03 10:17:09">February 3, 2025 at 10:17 a.m. PST</time></p>
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<p><em>image credit : www.mercurynews.com</em></p>
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		<title>Complaints mount, savings decline as fallout from the varsity district&#039;s $50 million energy contract continues</title>
		<link>https://bloggingthree.soflytech.com/2024/11/complaints-mount-savings-decline-as-fallout-from-the-varsity-districts-50-million-energy-contract-continues/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Fri, 22 Nov 2024 13:58:18 +0000</pubDate>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Complaints]]></category>
		<category><![CDATA[continues]]></category>
		<category><![CDATA[contract]]></category>
		<category><![CDATA[decline]]></category>
		<category><![CDATA[District39s]]></category>
		<category><![CDATA[energy]]></category>
		<category><![CDATA[Fallout]]></category>
		<category><![CDATA[million]]></category>
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		<category><![CDATA[savings]]></category>
		<category><![CDATA[School]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=19604</guid>

					<description><![CDATA[CONCORD &#8211; New details are shedding light on the grim results of an almost $50 million energy conservation project geared toward reducing electric bills and improving classroom climate within the Mt. Diablo Unified School District. MDUSD is currently using more electricity, experiencing a rise in maintenance requests as a result of teacher complaints, and is [&#8230;]]]></description>
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<p>CONCORD &#8211; New details are shedding light on the grim results of an almost $50 million energy conservation project geared toward reducing electric bills and improving classroom climate within the Mt. Diablo Unified School District.</p>
<p>MDUSD is currently using more electricity, experiencing a rise in maintenance requests as a result of teacher complaints, and is achieving only a fraction of the associated fee savings promised by Schneider Electric – the contractor that led the design and installation of latest ceiling tiles, lights, HVAC equipment, and thermostat controls throughout the district .</p>
<p>But the Texas multinational denied allegations of fraud, inflated pricing and false claims, claiming that its upgrade work was not chargeable for the disappointing meter readings.</p>
<p>According to the corporate&#39;s own data, MDUSD used about 15 million kilowatt hours (kWH) of electricity in September &#8211; a rise of 80 to 100% in comparison with rates in July 2019, before Schneider was brought in.</p>
<p>Schneider Electric&#39;s Measure J-funded project previously promised that MDUSD&#39;s cumulative savings would reach $1.8 million, 80% of annual utility costs, one 12 months after the primary phase of the project was accomplished.</p>
<p>However, in response to Schneider&#39;s own numbers presented to the Citizen&#39;s Bond Oversight Committee, the volunteer panel charged with holding the county accountable for responsible spending of Measure J, the $150 million bond, the county has initially recorded only 7% in energy savings Voters voted for campus infrastructure improvements and energy system efficiency improvements in 2018.</p>
<aside class="related left"></aside>
<p>During the Nov. 14 CBOC meeting, Schneider&#39;s representatives claimed that the true problem behind MDUSD&#39;s increased electricity consumption is that the district&#39;s existing solar PV systems are deteriorating. They reported last week that 38% of the district&#39;s solar production was offline &#8211; a problem that district staff confirmed was related to contractor SunPower, which filed for bankruptcy earlier this 12 months and cut a whole bunch of jobs.</p>
<p>“At the meter, these savings (achieved by Schneider’s Measure J project) are effectively offset,” said Brandon Bedford, Schneider’s director of operations.</p>
<p><img decoding="async" class="alignright  size-article_inline_half lazyautosizes lazyload" alt="A graphic shows that the Mt. Diablo Unified School District is using more electricity than solar is producing and is achieving only a fraction of the promised cost savings. Last September, the district used around 15 million kilowatts of energy - almost twice as much as in July 2019." data-sizes="auto" src="https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/11/SJM-L-MTDIABLOENERGY-1122-90.jpg?fit=620%2C9999px&#038;ssl=1" data-attachment-id="11280755" srcset="https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/11/SJM-L-MTDIABLOENERGY-1122-90.jpg?fit=620%2C9999px&#038;ssl=1 620w,https://i0.wp.com/www.mercurynews.com/wp-content/uploads/2024/11/SJM-L-MTDIABLOENERGY-1122-90.jpg?fit=310%2C9999px&#038;ssl=1 310w">Schneider Electric also denied allegations that it got away with inflated profits, ignored local labor contracts or manipulated utility data to support claims that the multimillion-dollar project will ultimately pay for itself through the energy savings it generates by 2024 &#8211; although this doesn&#8217;t provide MDUSD with a guarantee or the flexibility to independently confirm their claims.</p>
<p>Superintendent Adam Clark confirmed that MDUSD had opted out of Schneider&#39;s &#8220;very costly&#8221; measurement and verification services, saying in a <a href="https://www.mdusd.org/about/news/news-details/~board/news/post/message-from-the-superintendent-measure-j-bond-oversight">Nov 12 notes</a> that the district invested that cash in additional HVAC units.</p>
<p>Elliott Feldman, a Schneider Electric program manager, reminded the CBOC that a savings guarantee is entirely on the discretion of the shopper and will not be required under California law. He said MDUSD&#39;s decisions in regards to the contract are consistent with those of other school districts they&#8217;ve worked with previously.</p>
<p>Instead of providing direct measurement and verification services for the district&#39;s total energy use, Schneider Electric calculates the project&#39;s energy savings based on metrics equivalent to wattage, lifetime efficiency and each day demand of the brand new equipment installed at MDUSD &#8211; essentially comparing each individual LED light bulb and HVAC unit and control panel adapted to the replaced technology.</p>
<p>A snag is emerging with Schneider&#39;s Energy Management System (EMS), which helps the district track utility bills and advise on other energy policies: MDUSD&#39;s contract only allows for 2 years of access. The district must pay an annual fee of $175,000 to proceed this consulting work.</p>
<p>Dave Johnsen, who supports labor and contract compliance on public projects for a regional nonprofit, asked last week for an in depth breakdown of the savings achieved through the EMS consultation. Without independent verification tools or Schneider&#39;s conservation monitoring controls, he fears the projected 20-year savings will drop dramatically if MDUSD chooses to not pay the subscription fee.</p>
<p>Schneider&#39;s representatives said last week that they&#8217;d no data available to review.</p>
<p>And the corporate did not answer several other questions last week from Johnsen and the CBOC about its controversial $50 million project.</p>
<p>Johnsen questioned how Schneider will save the district money over a 20-year period, a timeframe that goes beyond that <a href="https://www.energy.ca.gov/filebrowser/download/299?fid=299">California Energy Commission Guidelines</a> for the lifespan of the device itself.</p>
<p>He also criticized Schneider for allocating $13 million, nearly a 3rd of Schneider&#39;s total planned savings, for &#8220;operations and maintenance costs&#8221; equivalent to workforce reductions. Citing an excerpt from Schneider&#39;s original project proposal, Johnsen said, &#8220;While these efficiencies result in some savings for the district, in many cases these operational savings are not quantifiable or verifiable.&#8221;</p>
<p>District staff said none of their 4 maintenance electrician positions have been eliminated, but they hope to resolve Schneider&#39;s problems and provides those employees the chance to repair other problems. This current backlog includes service requests from teachers complaining that the newly installed automated thermostats Schneider installed are causing temperature havoc in classrooms.</p>
<p>Linda Ortega, president of the Mt. Diablo Education Association and teachers union, said greater than 70 teacher complaints were filed last 12 months over newly installed equipment funded by Measure J, although there have been hardly any in any respect.</p>
<p>“Suddenly, phew! They came out of the woodwork,” Ortega said. “The district trusts our teachers to take care of our kids, but why can’t they trust us to manage a thermostat?”</p>
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<p><em>image credit : www.mercurynews.com</em></p>
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		<title>23andMe reports a decline in revenue a day after announcing plans to chop 40% of its workforce</title>
		<link>https://bloggingthree.soflytech.com/2024/11/23andme-reports-a-decline-in-revenue-a-day-after-announcing-plans-to-chop-40-of-its-workforce/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Tue, 12 Nov 2024 21:58:13 +0000</pubDate>
				<category><![CDATA[Health]]></category>
		<category><![CDATA[23andMe]]></category>
		<category><![CDATA[announcing]]></category>
		<category><![CDATA[cut]]></category>
		<category><![CDATA[day]]></category>
		<category><![CDATA[decline]]></category>
		<category><![CDATA[plans]]></category>
		<category><![CDATA[Reports]]></category>
		<category><![CDATA[revenue]]></category>
		<category><![CDATA[workforce]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=19015</guid>

					<description><![CDATA[23andMe reported a decline in revenue in its most up-to-date quarter on Tuesday, a day after the corporate said it will cut 40% of its workforce and shut its therapeutics business amid a crisis Corporate restructuring plan. The troubled genetics company reported revenue of $44.1 million in its fiscal second quarter, compared with $50 million [&#8230;]]]></description>
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<div id="RegularArticle-ArticleBody-5" data-module="ArticleBody" data-test="articleBody-2" data-analytics="RegularArticle-articleBody-5-2"><span class="HighlightShare-hidden" style="top:0;left:0"></span></p>
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<p><span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1">23andMe<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    reported a decline in revenue in its most up-to-date quarter on Tuesday, a day after the corporate said it will cut 40% of its workforce and shut its therapeutics business amid a crisis <a href="https://investors.23andme.com/news-releases/news-release-details/23andme-announces-business-restructuring-streamline-operations" target="_blank" rel="noopener">Corporate restructuring</a> plan.</p>
<p>The troubled genetics company reported revenue of $44.1 million in its fiscal second quarter, compared with $50 million in the identical period last 12 months. 23andMe&#39;s net loss narrowed to $59.1 million, or $2.32 per share, in comparison with $75.27 million, or $3.17 per share, a 12 months ago.</p>
<p>23andMe said Monday that it will cut greater than 200 jobs, halt all of its therapeutic programs and terminate its ongoing clinical trials &#8220;as quickly as possible.&#8221; It is exploring strategic options akin to asset sales and licensing agreements to “maximize the value” of the therapeutic programs, the press release said.</p>
<p>“We are taking these difficult but necessary actions as we restructure 23andMe and focus on the long-term success of our core consumer and research partnerships businesses,” Anne Wojcicki, CEO of 23andMe, said in Monday’s press release. “I would like to thank our team for their hard work and commitment to our mission. We are fully committed to supporting employees affected by this transition.”</p>
<p>The company said Tuesday it could look to boost additional capital.</p>
<p>Shares of 23andMe closed up 2% on Tuesday. They have slumped about 75% this 12 months after losing greater than half their value in 2023, pushing the corporate&#39;s market cap to $100 million.</p>
<p>Wojcicki, co-founder of 23andMe in 2006, has worked to maintain the corporate afloat after it was at risk of being delisted from Nasdaq. Shares hovered below $1 until 23andMe announced a 1-for-20 ratio <a href="https://investors.23andme.com/news-releases/news-release-details/23andme-announces-completion-1-20-reverse-stock-split" target="_blank" rel="noopener">reverse stock split</a> in October.</p>
<p>In September, all seven of the corporate&#39;s independent directors suddenly resigned from the board, writing in a letter that they disagreed with Wojcicki over the &#8220;strategic direction of the company.&#8221; At the tip of October, three recent independent directors were appointed to the board.</p>
<p>“We have met our obligations as a publicly traded company and regained compliance with NASDAQ listing standards by reconstituting our board of directors and executing a reverse stock split,” Wojcicki said during 23andMe&#39;s conference call on Tuesday.</p>
<p>Wojcicki has repeatedly said she intends to maintain 23andMe private, but didn&#8217;t comment on the plans Tuesday. In one <a href="https://www.sec.gov/Archives/edgar/data/1804591/000134100424000163/sc13da5.htm" target="_blank" rel="noopener">Submission in September</a> She said she wouldn&#8217;t consider third-party takeover proposals and said the &#8220;best path forward&#8221; for her was to take the corporate private.</p>
<p>23andMe declined to comment.</p>
<p><strong>REGARD:</strong> The rise and fall of 23andMe</p>
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		<title>Merck beat earnings estimates on strong demand for Keytruda, a brand new drug, whilst HPV vaccine sales decline</title>
		<link>https://bloggingthree.soflytech.com/2024/11/merck-beat-earnings-estimates-on-strong-demand-for-keytruda-a-brand-new-drug-whilst-hpv-vaccine-sales-decline/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Tue, 05 Nov 2024 21:32:51 +0000</pubDate>
				<category><![CDATA[Health]]></category>
		<category><![CDATA[beat]]></category>
		<category><![CDATA[decline]]></category>
		<category><![CDATA[demand]]></category>
		<category><![CDATA[drug]]></category>
		<category><![CDATA[earnings]]></category>
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		<category><![CDATA[HPV]]></category>
		<category><![CDATA[Keytruda]]></category>
		<category><![CDATA[Merck]]></category>
		<category><![CDATA[sales]]></category>
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		<category><![CDATA[vaccine]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=18605</guid>

					<description><![CDATA[Merck on Thursday reported Third-quarter sales and adjusted profit beat expectations as the corporate posted strong sales from its top-selling cancer drug Keytruda, recently launched treatments and its animal health business. But Merck&#39;s vaccine, which prevents cancer attributable to HPV, essentially the most common sexually transmitted infection within the U.S., posted one other quarter of [&#8230;]]]></description>
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<div id="RegularArticle-ArticleBody-5" data-module="ArticleBody" data-test="articleBody-2" data-analytics="RegularArticle-articleBody-5-2"><span class="HighlightShare-hidden" style="top:0;left:0"></span></p>
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<p><span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1">Merck<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    on Thursday <a href="https://www.merck.com/news/merck-announces-third-quarter-2024-financial-results/" target="_blank" rel="noopener">reported</a> Third-quarter sales and adjusted profit beat expectations as the corporate posted strong sales from its top-selling cancer drug Keytruda, recently launched treatments and its animal health business. </p>
<p>But Merck&#39;s vaccine, which prevents cancer attributable to HPV, essentially the most common sexually transmitted infection within the U.S., posted one other quarter of lower-than-expected sales. Sales of the Gardasil vaccine fell 11% in comparison with the identical period last 12 months. </p>
<p>The pharmaceutical giant lowered its full-year revenue forecast to a spread of $63.6 billion to $64.1 billion from a previous forecast of $63.4 billion to $64.4 billion. </p>
<p>Merck also cut its adjusted earnings forecast to a spread of $7.72 to $7.77 per share, from a previous forecast of $7.94 to $8.04 per share. This updated outlook reflects a one-time charge of 24 cents per share related to business development agreements with Curon Biopharmaceutical and Daiichi Sankyo. </p>
<p>Shares of Merck fell nearly 3% on Thursday.</p>
<p>Here&#39;s what Merck reported for <a href="https://www.merck.com/news/merck-announces-third-quarter-2024-financial-results/" target="_blank" rel="noopener">third quarter</a> in comparison with Wall Street expectations based on an analyst survey by LSEG: </p>
<ul>
<li><strong>Earnings per share:</strong> $1.57 adjusted vs. $1.50 expected</li>
<li><strong>Revenue:</strong> $16.66 billion versus expected $16.46 billion</li>
</ul>
<p>Merck posted third-quarter net income of $3.16 billion, or $1.24 per share. In comparison, net income within the year-ago period was $4.75 billion, or $1.86 per share. </p>
<p>Excluding acquisition and restructuring costs, Merck earned $1.57 per share within the three-month period. </p>
<p>The company reported third-quarter revenue of $16.66 billion, up 4% from the identical period last 12 months.</p>
<p>The findings come as Merck is making significant progress in preparing for Keytruda&#39;s patent expiration in 2028. Losing exclusive rights to the drug will likely result in a decline in sales and force the corporate to attract revenue from other sources.</p>
<p>Merck has a handful of latest deals and major drug launches in its books that can help it offset those losses. This includes Winrevair, a drug approved within the US in March to treat a progressive and life-threatening lung disease. </p>
<p>And Capvaxive, a vaccine designed to guard adults against a bacteria called pneumococcus that could cause serious illness and lung infections, was approved within the U.S. in June. </p>
<p>The company&#39;s pipeline of late-stage drugs has nearly tripled up to now three years or so to greater than 20 unique products, Merck CEO Rob Davis said during a conference call Thursday.</p>
<p>He said this may result in a major variety of drug and vaccine launches over the following five years, most of which have &#8220;blockbuster-plus potential&#8221;. Blockbuster drugs generate a minimum of $1 billion in annual sales.</p>
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<h2 class="ArticleBody-subtitle"><a id="headline0"></a>Pharmaceutical unit beats estimates</h2>
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<p>Merck&#39;s pharmaceutical division, which develops a big selection of medication, posted third-quarter sales of $14.94 billion, up 5% from the identical period last 12 months.</p>
<p>The company&#39;s immunotherapy drug Keytruda posted revenue of $7.43 billion within the quarter, up 17% from the year-ago period. Analysts had expected Keytruda sales of $7.33 billion, based on StreetAccount estimates. </p>
<p>This increase was as a result of higher uptake of Keytruda in early-stage cancers and powerful demand for the drug against metastatic cancers that spread to other parts of the body. </p>
</div>
<div class="group">
<p>Gardasil had sales of $2.31 billion. Merck said the decline was primarily as a result of lower demand in China in comparison with the identical period last 12 months. This was partially offset by higher sales within the US</p>
<p>That&#39;s below the $2.51 billion analysts were expecting, based on StreetAccount.</p>
<p>Davis said the corporate is &#8220;heavily focused&#8221; on the China market and is moving forward with its commercialization partner Zhifei to extend Gardasil promotional and patient education efforts. </p>
<p>“We expect these efforts will result in increased patient activation and demand, but as we said, this will take time,” Davis said. </p>
<p>Davis said Merck was confident in Gardasil&#39;s long-term prospects on condition that lower than 10% of the eligible population worldwide has been vaccinated. The company expects to succeed in its goal of world Gardasil sales of $11 billion by 2030. </p>
<p>After approval in March, Winrevair reported third-quarter revenue of $149 million. Analysts had expected sales of $127 million. </p>
<p>About 1,700 people received a Winrevair prescription through the quarter, bringing the full number of latest patient prescriptions for the reason that drug&#39;s launch to three,700, Merck CFO Caroline Litchfield said through the call. The company estimates that about 80% of those patients receive the actual drug.</p>
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<h2 class="RelatedContent-header">More CNBC Health coverage</h2>
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<p>The company&#39;s type 2 diabetes drug Januvia posted sales of $482 million, down 42% from the identical period last 12 months. Merck said the decline was primarily as a result of lower drug prices within the U.S. in addition to competition from generics in several countries. </p>
<p>According to StreetAccount, analysts had expected sales of $610 million. </p>
<p>Januvia is one in every of 10 drugs which are the topic of ongoing Medicare pricing negotiations, a policy geared toward making expensive drugs more cost-effective for seniors. Those price talks, a key provision of President Joe Biden&#39;s Inflation Reduction Act, will end in early August.</p>
<p>Sales of Merck&#39;s antiviral Covid pill Lagevrio also fell 40% to $383 million within the quarter. </p>
<p>However, based on StreetAccount, this beat analysts&#39; expectations with revenue of $124.2 million.  </p>
<p>Merck&#39;s animal health division, which develops vaccines and medications for dogs, cats and cattle, posted third-quarter sales of $1.49 billion. This is 6% greater than in the identical period last 12 months and is barely above the expectations of analysts surveyed by StreetAccount.</p>
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<p><em>image credit : www.cnbc.com</em></p>
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		<title>2023 winter storms cause first crop yield decline in Santa Cruz County in 4 years – The Mercury News</title>
		<link>https://bloggingthree.soflytech.com/2024/09/2023-winter-storms-cause-first-crop-yield-decline-in-santa-cruz-county-in-4-years-the-mercury-news/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Tue, 24 Sep 2024 13:45:40 +0000</pubDate>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[County]]></category>
		<category><![CDATA[crop]]></category>
		<category><![CDATA[Cruz]]></category>
		<category><![CDATA[decline]]></category>
		<category><![CDATA[Mercury]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Santa]]></category>
		<category><![CDATA[storms]]></category>
		<category><![CDATA[winter]]></category>
		<category><![CDATA[years]]></category>
		<category><![CDATA[yield]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=15633</guid>

					<description><![CDATA[SANTA CRUZ – The effects of the severe winter storms of 2023 are still being felt in Santa Cruz County, the newest example coming from the agricultural sector. Agricultural commodities reached $654.7 million in 2023, down 1.8% from the previous yr, in response to the annual harvest report of the district published last week. The [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" src="https://www.mercurynews.com/wp-content/uploads/2024/09/STC-L-PHCROP-WBOX-0924-01.jpg?w=1400px&amp;strip=all" /></p>
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<p>SANTA CRUZ – The effects of the severe winter storms of 2023 are still being felt in Santa Cruz County, the newest example coming from the agricultural sector.</p>
<p>Agricultural commodities reached $654.7 million in 2023, down 1.8% from the previous yr, in response to the <a href="https://www.agdept.com/" target="_blank" rel="noopener">annual harvest report of the district</a> published last week. The decline in value is the primary decline in crop yields in 4 years.</p>
<p>&#8220;Severe storms can have significant impacts on farms, and these declines were not unexpected,&#8221; Santa Cruz County Agriculture Commissioner David Sanford said in a news release. &#8220;Although fields have recovered and returned to full productivity, damage and delays caused losses that have continued throughout 2023, underscoring how climate change can impact our economy.&#8221;</p>
<p>Strawberries, long a powerful economic driver within the county, once more took the crown of &#8220;top crop&#8221; in 2023, bringing in greater than $184.8 million from 74,269 tons of total production on 2,363 acres. Still, the overall value of strawberries declined by greater than $35 million in comparison with 2022. In the report, Sanford attributed this to storm damage and flooding in late 2022 and early 2023.</p>
<p>Nursery plants – potted houseplants, landscape plants, young plants and Christmas trees – got here in second behind strawberries, bringing in greater than $128 million in 2023 – a rise of nearly $24 million in comparison with 2022.</p>
<p>Raspberries got here in third with nearly $115 million on 1,712 acres, a financial total that&#8217;s $13.6 million higher than the 2022 total.</p>
<p>Overall, the berries category had an estimated value of $184.8 million on 2,363 acres in 2023, representing 60% of the county&#39;s total gross production value of agricultural products.</p>
<p>Planting delays and other weather-related issues also prevented vegetable production from exceeding 2022 figures. In 2023, $90.9 million was produced &#8211; a ten% decrease from the previous yr.</p>
<p>&#8220;It is important to note that the figures presented in this report are gross values ​​and do not include costs incurred by producers such as labor, soil preparation, irrigation, integrated pest management, transportation, marketing and regulatory costs,&#8221; Sanford noted within the report.</p>
<p>Grapes and apples appeared to flee major setbacks from last yr&#39;s devastating rains, with production volumes declining in comparison with 2022, albeit only by a comparatively small amount.</p>
<p>Organic farming experienced a resurgence in 2023, with roughly 160 registered farms on 9,287 acres throughout the county, generating a complete value of $147.6 million. This total acreage is 1,276 greater than the 8,011 farms registered in 2022, and the gross value is $29 million higher than the $118 million in 2022.</p>
<p>The full report is obtainable at <a href="https://www.agdept.com/" target="_blank" rel="noopener">www.agdept.com</a>.</p>
<h3>Top cultures</h3>
<p>1. Strawberries: $184.8 million2. Nursery plants: $128 million3. Raspberries: $114.9 million4. Blackberries: $84 million5. Broccoli and other vegetables: $54.9 million</p>
<p>Source: Santa Cruz County 2023 Crop Report</p>
<p>Originally published: <time datetime="2024-09-24 05:32:49">September 24, 2024 at 5:32 am</time></p>
</div>
<p><em>image credit : www.mercurynews.com</em></p>
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		<title>Politicians often warn of America’s decline – and voters often imagine it</title>
		<link>https://bloggingthree.soflytech.com/2024/09/politicians-often-warn-of-americas-decline-and-voters-often-imagine-it/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Mon, 09 Sep 2024 18:04:26 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Americas]]></category>
		<category><![CDATA[decline]]></category>
		<category><![CDATA[politicians]]></category>
		<category><![CDATA[voters]]></category>
		<category><![CDATA[warn]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=14295</guid>

					<description><![CDATA[Presidential candidates often speak about national decline in the course of the election campaign. This was the main focus of the June 2024 elections Debate between former President Donald Trump and President Joe Biden. “All over the world, we are no longer respected as a country,” Trump said, and he repeated it repeatedly. Trump went [&#8230;]]]></description>
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<p>Presidential candidates often speak about national decline in the course of the election campaign. This was the main focus of the June 2024 elections <a href="https://www.youtube.com/watch?v=yr9d79TNPfc">Debate between former President Donald Trump and President Joe Biden</a>. </p>
<p>“All over the world, we are no longer respected as a country,” Trump said, and he repeated it repeatedly. </p>
<p>Trump went on to say that if the United States had a president that Vladimir Putin respected, &#8220;he would never have attacked Ukraine.&#8221; Trump said &#8220;we are being laughed at&#8221; and that &#8220;the reputation of the United States under this man&#39;s leadership is terrible.&#8221;</p>
<p>Biden countered Trump&#39;s impressive statement by arguing that the United States has &#8220;the best military in world history&#8221; and that it continues to enjoy great respect abroad. </p>
<p>&#8220;The idea that we are somehow this failing country,&#8221; Biden said, &#8220;I&#39;ve never heard a president talk like that.&#8221; </p>
<p><a href="https://www.pewresearch.org/global/2022/06/22/international-public-opinion-of-the-u-s-remains-positive/">Public polls on other countries’ opinions of the United States</a> support Biden&#39;s position.</p>
<p>And yet politicians proceed to warn of a decline because they stoke fears in regards to the country&#39;s security, concerns about one other country gaining power, and anger in regards to the United States&#39; many problems.</p>
<figure class="align-center zoomable">
<div class="placeholder-container" style="--aspect-ratio-percent:66.71087533156499%;--background-color:#344a64"><img decoding="async" alt="Two men sit across from each other. Behind them is a large American flag and the word "Hannity" is displayed on a screen." class="lazyload" src="https://images.theconversation.com/files/617929/original/file-20240906-16-jug8o1.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;fit=clip" srcset="https://images.theconversation.com/files/617929/original/file-20240906-16-jug8o1.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=1 600w, https://images.theconversation.com/files/617929/original/file-20240906-16-jug8o1.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=2 1200w, https://images.theconversation.com/files/617929/original/file-20240906-16-jug8o1.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=3 1800w, https://images.theconversation.com/files/617929/original/file-20240906-16-jug8o1.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=1 754w, https://images.theconversation.com/files/617929/original/file-20240906-16-jug8o1.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=2 1508w, https://images.theconversation.com/files/617929/original/file-20240906-16-jug8o1.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=3 2262w" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px"></div><figcaption>
              <span class="caption">Donald Trump speaks at a Fox News town hall meeting with Sean Hannity on September 4, 2024.</span><br />
              <span class="attribution"><a class="source" href="https://www.gettyimages.com/detail/news-photo/former-president-donald-trump-speaks-at-a-fox-news-town-news-photo/2169636411?adppopup=true">Nathan Morris/NurPhoto via Getty Images</a></span><br />
            </figcaption></figure>
<h2>Messages of decline through the years</h2>
<p>While Trump’s messages to the American <a href="https://x.com/atrupar/status/1824916958761951466?s=61&#038;t=Mq1aERY4CmVCNtLxIje7Mg/">Bloodbath is dramatic</a>Such exchanges are nothing unusual in US politics.</p>
<p>During the 1960 presidential election, for instance, John F. Kennedy, then U.S. Senator for Massachusetts, repeatedly warned that the United States was falling behind the Soviet Union in every little thing from space exploration to international prestige. </p>
<p>&#8220;I don&#39;t want historians 10 years from now to say that these were the years when the tide went out for the United States,&#8221; Kennedy said. <a href="https://www.jfklibrary.org/asset-viewer/archives/tnc-172">during his first television debate</a> against his Republican opponent, Vice President Richard Nixon, on September 26, 1960. </p>
<p>Warning of national decline has been a typical campaign message ever since, with the challenger side claiming that the country is falling behind or losing respect, forcing the incumbent side onto the defensive.</p>
<h2>Countering messages of decline</h2>
<p><a href="https://jonathansschulman.com/research/">My research</a> examines the role of perceived threats to national status in domestic and foreign policy. I conducted an experiment with 1,079 Americans in March 2024 to learn how their concerns about their country&#39;s decline affected their foreign policy opinions.  </p>
<p>A 3rd of respondents were randomly assigned to read a warning that said experts and politicians from each parties agree that the United States is in decline in comparison with its rivals. Another third of respondents read the alternative message, which listed facts from experts from each parties arguing that concerns about national decline are overblown. The final third read a subject that had nothing to do with politics.</p>
<p>Those who had examine America&#39;s decline reported higher levels of fear, anger, and anxiety than the group that had not read anything in regards to the issue. For example, one respondent wrote, &#8220;My biggest concern is that other countries will not respect us. As soon as we show weakness, other countries will try to overtake us.&#8221;  </p>
<p>However, Americans&#39; fears weren&#8217;t allayed by the testimony of bipartisan experts who claimed that the United States was not in decline. </p>
<p>About 30 percent of respondents &#8211; liberals and conservatives alike &#8211; who read that experts said concerns in regards to the nation&#39;s decline were exaggerated rejected the text&#39;s premise outright. By comparison, of those that read that the United States&#39; global standing is declining, only 11 percent said so. </p>
<p>Some respondents asked if the lyrics were a joke and suggested the U.S. was becoming a &#8220;third world country.&#8221; Others pointed to the state of U.S. healthcare or reproductive rights and asked how anyone could say the country isn&#39;t falling behind. </p>
<figure class="align-center ">
<div class="placeholder-container" style="--aspect-ratio-percent:66.71087533156499%;--background-color:#2c334c"><img decoding="async" alt="A woman in a white blazer and dark pants waves as she walks onto a stage in front of a large crowd. Around her are blue signs reading "A New Way Forward."" class="lazyload" src="https://images.theconversation.com/files/617928/original/file-20240906-18-vfwrn1.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;fit=clip" srcset="https://images.theconversation.com/files/617928/original/file-20240906-18-vfwrn1.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=1 600w, https://images.theconversation.com/files/617928/original/file-20240906-18-vfwrn1.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=2 1200w, https://images.theconversation.com/files/617928/original/file-20240906-18-vfwrn1.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=3 1800w, https://images.theconversation.com/files/617928/original/file-20240906-18-vfwrn1.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=1 754w, https://images.theconversation.com/files/617928/original/file-20240906-18-vfwrn1.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=2 1508w, https://images.theconversation.com/files/617928/original/file-20240906-18-vfwrn1.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=3 2262w" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px"></div><figcaption>
              <span class="caption">Kamala Harris waves as she arrives at a campaign rally in Savannah, Georgia, August 29, 2024.</span><br />
              <span class="attribution"><a class="source" href="https://www.gettyimages.com/detail/news-photo/democratic-presidential-candidate-us-vice-president-kamala-news-photo/2168336048?adppopup=true">Saul Loeb/AFP via Getty Images</a></span><br />
            </figcaption></figure>
<h2>Fighting emotions with emotions</h2>
<p>As the Democratic nomination slate modified and Biden announced in July 2024 that he wouldn&#8217;t seek re-election, the political messages of Democratic leaders also modified. </p>
<p>Democratic presidential candidate Kamala Harris and her running mate Tim Walz have temporarily <a href="https://thehill.com/homenews/campaign/4801167-harris-campaign-project-2025-director-heritage-foundation-trump-paul-dans/">Fear stoked</a> about what a second Trump term would appear like. But additionally they have <a href="https://www.npr.org/2024/08/09/nx-s1-5060012/kamala-harris-tim-walz-campaign-democrats">used language and talked about topics that involve joy and excitement</a>and celebrated things like Walz&#39;s tenure as a teacher and football coach and the pride Harris feels in her mother&#39;s work and sacrifices. </p>
<p>“Guided by optimism and faith,” Harris <a href="https://youtu.be/1aZLL63wlTU?si=QhVXrCORGCGJOqK5&#038;t=2179">said in her nomination speech</a> In August 2024, she encouraged her supporters to “write the next great chapter of the most extraordinary story ever told.” </p>
<p>Harris has also created an emotionally powerful counterpart to Trump’s “Make America Great Again” in the shape of “<a href="https://www.yahoo.com/news/how-harriss-not-going-back-message-seeks-to-counter-trumps-make-america-great-again-slogan-212429300.html">No turning back</a>.”</p>
<p>In Walz&#39;s <a href="https://www.fox9.com/news/walz-harris-thank-you-bringing-back-joy">first appearance</a> As the Democratic nominee for Vice President on August 6, he thanked Harris for “bringing joy back.” At rallies full of boisterous <a href="https://www.facebook.com/watch/?v=462987713229725">Call-and-responses and chants</a>Harris has used joy and excitement to create a vision of America’s future, contrasting her rallies with what <a href="https://www.washingtonpost.com/politics/2024/08/08/biden-walz-joy-trump-election/">she described</a> than Trump&#39;s &#8220;the world is ending&#8221; rallies. </p>
<p>The subtitle of <a href="https://www.politico.com/newsletters/west-wing-playbook/2024/08/08/what-biden-does-now-00173316">a press release from the Harris campaign</a> For example, after a Trump press conference, it was said: “Split screen: joy and freedom vs. whatever that was.”  </p>
<h2>Global position of the USA within the 2024 election campaign</h2>
<p>While Harris&#39; rallies have largely focused on domestic issues equivalent to abortion rights and economic inequality, debates in regards to the country&#39;s global standing will reignite and persist. <a href="https://www.umass.edu/political-science/about/reports/2024">Survey from August 2024</a>The second commonest reason Harris voters were more likely to support was that she would strengthen the United States&#39; position on the earth. The second commonest reason for opposing her was other voters&#39; belief that she would weaken the country on the world stage.  </p>
<p>Trump has <a href="https://www.reuters.com/world/us/trump-tramples-republican-party-effort-give-him-image-makeover-2024-07-19/">describe further</a> the USA as a “nation in decline”. In her speech to the Democratic Party Convention, Harris described <a href="https://youtu.be/1aZLL63wlTU?si=sI5XpblJ5OYnob5S&#038;t=1739">replied that</a> She will work to make sure that &#8220;America, not China, wins the competition of the 21st century and that we strengthen our global leadership role and do not abandon it.&#8221; </p>
<p>Harris also <a href="https://youtu.be/1aZLL63wlTU?si=_b91BnaYxFqEVUd-&#038;t=2085">noted in her acceptance speech</a>: &#8220;You know, our opponents in this race denigrate America every day and talk about how terrible everything is. My mother had another lesson that she always taught: Don&#39;t let anyone tell you who you are. Show them who you are.&#8221;</p>
<p>Campaign rhetoric warning of America&#39;s decline has been common since not less than 1960, and it&#39;s not going away anytime soon. But with a brand new Democratic platform and a modified campaign, Democrats are fighting emotion with emotion. And that can likely resonate greater than telling people things aren&#39;t as bad as they fear.</p>
</p></div>
<p><em>image credit : theconversation.com</em></p>
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		<title>Coinbase, Marathon Digital and Riot Platforms lead decline in crypto stocks</title>
		<link>https://bloggingthree.soflytech.com/2024/09/coinbase-marathon-digital-and-riot-platforms-lead-decline-in-crypto-stocks/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Sat, 07 Sep 2024 08:01:20 +0000</pubDate>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Coinbase]]></category>
		<category><![CDATA[Crypto]]></category>
		<category><![CDATA[decline]]></category>
		<category><![CDATA[digital]]></category>
		<category><![CDATA[lead]]></category>
		<category><![CDATA[Marathon]]></category>
		<category><![CDATA[platforms]]></category>
		<category><![CDATA[Riot]]></category>
		<category><![CDATA[stocks]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=14102</guid>

					<description><![CDATA[Cryptocurrency exchange Coinbase has just had its worst week of the 12 months. Bitcoin miners Marathon Digital fell 20%. A basket of crypto-related stocks tracked by Schwab fell to its lowest level since February. The industry-wide sell-off reflected growing concerns in regards to the health of the U.S. economy and followed a general decline in [&#8230;]]]></description>
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<div id="RegularArticle-ArticleBody-5" data-module="ArticleBody" data-test="articleBody-2" data-analytics="RegularArticle-articleBody-5-2"><span class="HighlightShare-hidden" style="top:0;left:0"></span></p>
<div class="group">
<p>Cryptocurrency exchange <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1">Coinbase<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    has just had its worst week of the 12 months. Bitcoin miners <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-2">Marathon Digital<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    fell 20%. A basket of crypto-related stocks tracked by <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-3">Schwab<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    fell to its lowest level since February. </p>
<p>The industry-wide sell-off reflected growing concerns in regards to the health of the U.S. economy and followed a general decline in prices for <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-4">Bitcoin<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>, <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-5">ether<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    and dangerous assets on the whole. The tech-heavy Nasdaq lost 5.8% for the week, its worst performance since January 2022.</p>
<p>In addition to the macro pressure, the calendar is doing crypto no favors. According to <a href="https://www.coinglass.com/today" target="_blank" rel="noopener">Coin jar</a>September is historically a difficult trading month for crypto assets, with Bitcoin recording a mean lack of 4.8%. <a href="https://links.coinbase.com/u/click?_t=3aca56371967418192255878e9689713&amp;_m=8c578474298c4e9baea837243f7000d9&amp;_e=veeLg9eE_u1M6l0rK05RemueQNhSdJyMbMiAWRcyKGIop2cyMIz8A-fBIq3qhoL0OEgz92e9xkNrcWn0lhbpzhnHnWS3o7VPGYAbWgY8wTaDFUA1hOem6uT2ljCPAhKrkNwDE6Rkfuj5zR9ytWicSWXgy4Mq8SVP1tJMOiZnEdZcENYrgh2QUtyf4q0Nd_wYTj15lwzAL410_n4jn_t2QSoin_IZF58YixHxtDn5Pcc09NMlK5BtXpuX-00sgb2MWjUwtadMzV7r-DFUG2QZ_NZn2RkxbbfxqV23buj66Gbl4syxe0qA4kACdGh3QXqOo8wjM8-abZmsNIHyCMNtsiY3yM7xEKzdtdJCiiga51s%3D" target="_blank" rel="noopener">Crypto Fear and Greed Index</a>a sentiment barometer for the crypto market, is firmly within the “Extreme Fear” zone, indicating that investors are concerned about price movements.</p>
<p>The Bitcoin price fell by 4 percent within the last 24 hours to around 54,000 US dollars, the bottom level since February.</p>
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<div class="Collapsible-proliveCollapsableContainer" role="button" tabindex="0"><svg xmlns="http://www.w3.org/2000/svg" width="256" height="256" viewbox="0 0 256 256" aria-labelledby="title desc" role="img" focusable="false" preserveaspectratio="xMinYMin" class="Collapsible-stockChartIcon"><title>Stock chart symbol</title><desc>Stock chart symbol</desc><g transform="translate(1.4065934065934016 1.4065934065934016) scale(2.81 2.81)"><path d="M 87.994 0 H 69.342 c -1.787 0 -2.682 2.16 -1.418 3.424 l 5.795 5.795 l -33.82 33.82 L 28.056 31.196 l -3.174 -3.174 c -1.074 -1.074 -2.815 -1.074 -3.889 0 L 0.805 48.209 c -1.074 1.074 -1.074 2.815 0 3.889 l 3.174 3.174 c 1.074 1.074 2.815 1.074 3.889 0 l 15.069 -15.069 l 14.994 14.994 c 1.074 1.074 2.815 1.074 3.889 0 l 1.614 -1.614 c 0.083 -0.066 0.17 -0.125 0.247 -0.202 l 37.1 -37.1 l 5.795 5.795 C 87.84 23.34 90 22.445 90 20.658 V 2.006 C 90 0.898 89.102 0 87.994 0 z" transform=" matrix(1 0 0 1 0 0) " stroke-linecap="round"></path><path d="M 65.626 37.8 v 49.45 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 23.518 L 65.626 37.8 z" transform=" matrix(1 0 0 1 0 0) " stroke-linecap="round"></path><path d="M 47.115 56.312 V 87.25 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 42.03 L 47.115 56.312 z" transform=" matrix(1 0 0 1 0 0) " stroke-linecap="round"></path><path d="M 39.876 60.503 c -1.937 0 -3.757 -0.754 -5.127 -2.124 l -6.146 -6.145 V 87.25 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 59.844 C 41.952 60.271 40.933 60.503 39.876 60.503 z" transform=" matrix(1 0 0 1 0 0) " stroke-linecap="round"></path><path d="M 22.937 46.567 L 11.051 58.453 c -0.298 0.298 -0.621 0.562 -0.959 0.8 V 87.25 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 48.004 L 22.937 46.567 z" transform=" matrix(1 0 0 1 0 0) " stroke-linecap="round"></path></g></svg></p>
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<p><iframe title="Bitcoin and Ether prices, year-to-date" src="https://www.cnbc.com/appchart?symbol=BTC.CM%3D&#038;range=YTD&#038;comp=ETH.CM%3D&#038;type=line&#038;embedded=true&#038;%24DEVICE%24=undefined" height="460" scrolling="no" style="border:0;width:100%"></iframe></p>
<p>Bitcoin and Ether prices because the starting of the 12 months</p>
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<div class="group">
<p>In per week shortened by Labor Day, the general market saw the most important sell-off on Tuesday after weak manufacturing data stoked fears of an economic slowdown. The 11 U.S. spot bitcoin ETFs had their worst day in over 4 months following the report, with a complete of greater than $287 million withdrawn from the ETFs. </p>
<p>Data continued to be poor through the tip of the week. On Friday, the Bureau of Labor Statistics reported a slowdown within the labor market, and August payrolls fell in need of expectations. </p>
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<div class="Collapsible-proliveCollapsableContainer" role="button" tabindex="0"><svg xmlns="http://www.w3.org/2000/svg" width="256" height="256" viewbox="0 0 256 256" aria-labelledby="title desc" role="img" focusable="false" preserveaspectratio="xMinYMin" class="Collapsible-stockChartIcon"><title>Stock chart symbol</title><desc>Stock chart symbol</desc><g transform="translate(1.4065934065934016 1.4065934065934016) scale(2.81 2.81)"><path d="M 87.994 0 H 69.342 c -1.787 0 -2.682 2.16 -1.418 3.424 l 5.795 5.795 l -33.82 33.82 L 28.056 31.196 l -3.174 -3.174 c -1.074 -1.074 -2.815 -1.074 -3.889 0 L 0.805 48.209 c -1.074 1.074 -1.074 2.815 0 3.889 l 3.174 3.174 c 1.074 1.074 2.815 1.074 3.889 0 l 15.069 -15.069 l 14.994 14.994 c 1.074 1.074 2.815 1.074 3.889 0 l 1.614 -1.614 c 0.083 -0.066 0.17 -0.125 0.247 -0.202 l 37.1 -37.1 l 5.795 5.795 C 87.84 23.34 90 22.445 90 20.658 V 2.006 C 90 0.898 89.102 0 87.994 0 z" transform=" matrix(1 0 0 1 0 0) " stroke-linecap="round"></path><path d="M 65.626 37.8 v 49.45 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 23.518 L 65.626 37.8 z" transform=" matrix(1 0 0 1 0 0) " stroke-linecap="round"></path><path d="M 47.115 56.312 V 87.25 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 42.03 L 47.115 56.312 z" transform=" matrix(1 0 0 1 0 0) " stroke-linecap="round"></path><path d="M 39.876 60.503 c -1.937 0 -3.757 -0.754 -5.127 -2.124 l -6.146 -6.145 V 87.25 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 59.844 C 41.952 60.271 40.933 60.503 39.876 60.503 z" transform=" matrix(1 0 0 1 0 0) " stroke-linecap="round"></path><path d="M 22.937 46.567 L 11.051 58.453 c -0.298 0.298 -0.621 0.562 -0.959 0.8 V 87.25 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 48.004 L 22.937 46.567 z" transform=" matrix(1 0 0 1 0 0) " stroke-linecap="round"></path></g></svg></p>
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<p><iframe title="Coinbase has one of its worst trading weeks this year." src="https://www.cnbc.com/appchart?symbol=COIN&#038;range=YTD&#038;type=line&#038;embedded=true&#038;%24DEVICE%24=undefined" height="460" scrolling="no" style="border:0;width:100%"></iframe></p>
<p>Coinbase is having certainly one of its worst trading weeks this 12 months.</p>
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<div class="group">
<p>&#8220;The recent U.S. jobs results were a moment of truth for risky assets like Bitcoin, as the labor market is seen as the key sector that could influence the Fed&#39;s decision to cut rates this month,&#8221; Leena ElDeeb, research analyst at ETF issuer 21Shares, said in an email. </p>
<p>The total cryptocurrency market capitalization has fallen by almost 30% from its 2024 peak of $2.67 trillion and now stands at $1.9 trillion. Altcoins like Solana <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-12">SOL<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    Sign, <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-13">XRP<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    and Cardano&#39;s <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-14">ADA<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    all have fallen greater than 8% prior to now week. Ether, the world&#39;s second-largest cryptocurrency, plunged 12% to around $2,200. </p>
</div>
<h2 class="ArticleBody-subtitle"><a id="headline0"></a>Crypto stocks hit hardest</h2>
<div class="group">
<p>While it was a rough week for dangerous assets of every kind, investors who&#8217;re overinvested in crypto stocks were hit particularly hard. </p>
<p>Schwab Asset Management&#39;s crypto ETF (STCE), which incorporates MicroStrategy, Marathon Digital, Riot Blockchain and Coinbase, fell 11%.</p>
<p>Coinbase, which is embroiled in a legal battle with the SEC over whether the exchange made unregistered securities sales, plunged 20 percent to its lowest level since February. MicroStrategy, the bitcoin aggregator company founded by Michael Saylor, lost 14 percent for the week, following a 12 percent plunge the week before.  </p>
<p>The leading Bitcoin mining firms all ended the week with double-digit declines, led by <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-19">CleanSpark<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>A drop of 24%. <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-20">Riot Platforms<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    17% lost.</p>
<p>The downward trend is a continuation of last month. <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-21">JPMorgan Chase<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    Analysts said in a note on Friday, citing estimates from TradingView, that despite dramatic drops in token and asset prices, trading increased in August, with average every day volume up 8% from the previous month. </p>
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<div class="Collapsible-proliveCollapsableContainer" role="button" tabindex="0"><svg xmlns="http://www.w3.org/2000/svg" width="256" height="256" viewbox="0 0 256 256" aria-labelledby="title desc" role="img" focusable="false" preserveaspectratio="xMinYMin" class="Collapsible-stockChartIcon"><title>Stock chart symbol</title><desc>Stock chart symbol</desc><g transform="translate(1.4065934065934016 1.4065934065934016) scale(2.81 2.81)"><path d="M 87.994 0 H 69.342 c -1.787 0 -2.682 2.16 -1.418 3.424 l 5.795 5.795 l -33.82 33.82 L 28.056 31.196 l -3.174 -3.174 c -1.074 -1.074 -2.815 -1.074 -3.889 0 L 0.805 48.209 c -1.074 1.074 -1.074 2.815 0 3.889 l 3.174 3.174 c 1.074 1.074 2.815 1.074 3.889 0 l 15.069 -15.069 l 14.994 14.994 c 1.074 1.074 2.815 1.074 3.889 0 l 1.614 -1.614 c 0.083 -0.066 0.17 -0.125 0.247 -0.202 l 37.1 -37.1 l 5.795 5.795 C 87.84 23.34 90 22.445 90 20.658 V 2.006 C 90 0.898 89.102 0 87.994 0 z" transform=" matrix(1 0 0 1 0 0) " stroke-linecap="round"></path><path d="M 65.626 37.8 v 49.45 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 23.518 L 65.626 37.8 z" transform=" matrix(1 0 0 1 0 0) " stroke-linecap="round"></path><path d="M 47.115 56.312 V 87.25 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 42.03 L 47.115 56.312 z" transform=" matrix(1 0 0 1 0 0) " stroke-linecap="round"></path><path d="M 39.876 60.503 c -1.937 0 -3.757 -0.754 -5.127 -2.124 l -6.146 -6.145 V 87.25 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 59.844 C 41.952 60.271 40.933 60.503 39.876 60.503 z" transform=" matrix(1 0 0 1 0 0) " stroke-linecap="round"></path><path d="M 22.937 46.567 L 11.051 58.453 c -0.298 0.298 -0.621 0.562 -0.959 0.8 V 87.25 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 48.004 L 22.937 46.567 z" transform=" matrix(1 0 0 1 0 0) " stroke-linecap="round"></path></g></svg></p>
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<p><iframe title="Coinbase and Marathon Digital this year" src="https://www.cnbc.com/appchart?symbol=COIN&#038;range=YTD&#038;comp=MARA&#038;type=line&#038;embedded=true&#038;%24DEVICE%24=undefined" height="460" scrolling="no" style="border:0;width:100%"></iframe></p>
<p>Coinbase and Marathon Digital this 12 months</p>
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<div class="group">
<p>As investors deal with the longer term, their attention is primarily focused on the Federal Reserve.</p>
<p>The central bank could cut its key rate of interest for the primary time in 4 years at its meeting on September 17 and 18. Fed Chairman Jerome Powell said last month that it was &#8220;time&#8221; to regulate rate of interest policy. Analysts expect a discount of 0.25 or 0.5 percent from the present rate of interest of 5.25 to five.5 percent. </p>
<p>Looser monetary policy is usually a superb thing for dangerous assets like cryptocurrencies, as they have an inclination to see more investor money as borrowing costs fall.</p>
<p>The latest inflation data will probably be released on Wednesday with the buyer price index for August. The index is one other key indicator that the Fed will consider ahead of its September meeting.</p>
<p>The US presidential debate on Tuesday could also prove to be a price driver in crypto markets. Republican presidential candidate Donald Trump has branded himself as a pro-crypto presidential candidate and recently headlined the most important Bitcoin event of the 12 months in Nashville. Many within the industry see a possible second Trump presidency as a catalyst for the industry, partly because he has vowed to oust SEC Chairman Gary Gensler, who has long been considered a crypto skeptic.</p>
<p><strong>REGARD:</strong> How Trump was “orange-pilled”</p>
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		<title>Jim Cramer examines the explanations for the market decline and provides recent views on 3 stocks</title>
		<link>https://bloggingthree.soflytech.com/2024/08/jim-cramer-examines-the-explanations-for-the-market-decline-and-provides-recent-views-on-3-stocks/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Fri, 30 Aug 2024 16:04:42 +0000</pubDate>
				<category><![CDATA[Health]]></category>
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		<category><![CDATA[decline]]></category>
		<category><![CDATA[examines]]></category>
		<category><![CDATA[Jim]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[Reasons]]></category>
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		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=13408</guid>

					<description><![CDATA[Each weekday, CNBC Investing Club with Jim Cramer publishes the Homestretch &#8211; an actionable afternoon update, just in time for the ultimate hour of trading on Wall Street. Markets Fall: Wall Street struggled to carry on to its early gains and slipped. We&#39;re not surprised to see the market taking a breather after its run [&#8230;]]]></description>
										<content:encoded><![CDATA[<p></p>
<div id="RegularArticle-ArticleBody-5" data-module="ArticleBody"><span hidden="" aria-hidden="true" class="ArticleBody-extraData"><span hidden="" aria-hidden="true" class="ArticleBody-extraData"><span hidden="" aria-hidden="true" class="xyz-data">Each weekday, CNBC Investing Club with Jim Cramer publishes the Homestretch &#8211; an actionable afternoon update, just in time for the ultimate hour of trading on Wall Street. Markets Fall: Wall Street struggled to carry on to its early gains and slipped. We&#39;re not surprised to see the market taking a breather after its run of the past two weeks and overbought conditions. The technology sector began the session strong but later fell as semiconductor stocks fell. We can&#39;t find a particular trigger for the decline &#8211; perhaps it was disappointment over Snowflake&#39;s quarter or the small increase in sales from chip designer Synopsys. But a few of these stocks have been up sharply because the yen carry trade burst earlier this month, and there could possibly be some profit-taking. The problems: &#8220;We&#39;re starting to get into the details of the Democrats&#39; platform, and there do seem to be some villains, namely the pharmaceutical companies with their pricing and the supermarkets&#39; gouging,&#8221; Jim Cramer said Thursday. &#8220;It&#39;s actually important that the banks aren&#39;t castigated, and that may explain some of the positive developments in the banks.&#8221; Thursday is the ultimate night of the Democratic National Convention, and Vice President Kamala Harris will accept her party&#39;s nomination for president. Medical devices: &#8220;The medical device sector is doing better because nobody is targeting them. Abbott Laboratories continues to do well in the device trade.&#8221; Citi raised its price goal on Abbott, calling it a favourite within the medical device sector. We trimmed our position a bit on Tuesday because of concerns about diabetes device makers in response to fellow club Eli Lilly&#39;s recent study of obesity drug Zepbound. There&#39;s also the legal overhang from lawsuits over specialty baby formula. Real estate trading: &#8220;We have a four-month inventory of unsold homes. I&#39;ve always thought six months is the tipping point and we haven&#39;t hit it yet, hence the strength in homebuilders,&#8221; Cramer said. &#8220;But I&#39;m worried about Best Buy given Williams-Sonoma&#39;s weakness in the furniture space.&#8221; Williams-Sonoma&#39;s disappointing comparable-store sales numbers follow some disappointing comparables from club-name TJX&#39;s HomeGoods and lackluster sales at Home Depot and Lowe&#39;s. Expensive, home-related items are having a tricky time this earnings season. Of course, lower mortgage rates because of Fed rate cuts could change that outlook in the approaching quarters. Best Buy reports earnings next week and we&#39;re considering taking some profits ahead of the report. Earnings forecast: &#8220;Gap Stores rang the opening bell and I think we could be on the cusp of a multi-year move and I could be pushing for this one to go into the bullpen,&#8221; Cramer said. We&#39;ll be maintaining a tally of Gap&#39;s earnings next week. After the market closes, we&#39;ll see earnings from growing restaurant chain Cava, some software stocks from Workday and Intuit, and off-price retailer Ross Stores. Jackson Hole: The predominant event on Friday isn&#39;t economic data or corporate earnings &#8211; it&#39;s Federal Reserve Chairman Jerome Powell&#39;s speech on the Fed&#39;s annual meeting in Jackson Hole, Wyoming. Powell could give us clarity on whether the Fed is leaning toward a quarter-point or half-point rate cut at its September meeting. Any indication of what number of cuts Fed officials expect by the top of the 12 months would even be welcome. Ahead of the speech, the market is pricing in 1 percentage point, or 100 basis point, cuts this 12 months, in keeping with the CME FedWatch tool. (An entire list of stocks in Jim Cramer&#39;s Charitable Trust will be found here.) As a subscriber to CNBC Investing Club with Jim Cramer, you&#8217;ll receive a trade alert before Jim makes a trade. After sending a trade alert, Jim will wait 45 minutes before buying or selling a stock from his charitable foundation&#39;s portfolio. If Jim has discussed a stock on television on CNBC, he&#8217;ll wait 72 hours after the trade alert is issued before executing the trade. THE INFORMATION REGARDING INVESTING CLUB PROVIDED ABOVE IS SUBJECT TO OUR TERMS OF SERVICE AND PRIVACY POLICY AND OUR DISCLAIMER. NO FIDUCIARY OBLIGATION OR OBLIGATION EXISTS OR IS CREATED BY RESULTING FROM OR RECEIVING INFORMATION RELATED TO INVESTING CLUB. NO PARTICULAR RESULT OR PROFIT IS GUARANTEED.</span></span></span><span class="HighlightShare-hidden" style="top:0;left:0"></span></p>
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		<title>The long-delayed elections in South Sudan shall be a milestone – but economic decline and political unrest are jeopardising the election</title>
		<link>https://bloggingthree.soflytech.com/2024/08/the-long-delayed-elections-in-south-sudan-shall-be-a-milestone-but-economic-decline-and-political-unrest-are-jeopardising-the-election/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Fri, 23 Aug 2024 15:32:47 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[decline]]></category>
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		<category><![CDATA[election]]></category>
		<category><![CDATA[elections]]></category>
		<category><![CDATA[jeopardising]]></category>
		<category><![CDATA[longdelayed]]></category>
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		<category><![CDATA[Sudan]]></category>
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		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=12769</guid>

					<description><![CDATA[Elections are crucial milestones in Post-conflict countries – and nowhere is the anticipation of voters as great as in South Sudan, the youngest nation on this planet. The country that gained independence in 2011 After a protracted conflict with Sudan, there have been no elections since then. A date for a national vote has been [&#8230;]]]></description>
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<p>Elections are crucial milestones in <a href="https://doi.org/10.1080/13510340902884689">Post-conflict countries</a> – and nowhere is the anticipation of voters as great as in South Sudan, the <a href="https://www.undp.org/blog/south-sudan-worlds-youngest-nation-crossroads">youngest nation on this planet</a>.</p>
<p>The country that <a href="https://www.usip.org/programs/independence-south-sudan">gained independence in 2011</a> After a protracted conflict with Sudan, there have been no elections since then. </p>
<p>A date for a national vote has been set: <a href="https://sudantribune.com/article287955/">December 22, 2024</a>But the timing <a href="https://news.un.org/en/story/2024/08/1153186">stays questionable</a>with the United Nations and others doubting whether adequate preparations have been made.</p>
<p>The proposed vote follows <a href="https://issafrica.org/pscreport/psc-insights/counting-down-to-south-sudans-elections">Years of delays</a>: Elections were imagined to happen in 2015, but they were postponed after the young country descended into civil war.</p>
<p>The 2024 election could shape the longer term of a rustic <a href="https://www.theguardian.com/global-development/article/2024/aug/20/south-sudan-united-nations-warns-risk-wider-conflict-failure-prepare-elections">still faced with the challenges</a> of peacebuilding and governance – South Sudan entered a transition phase after the civil war in 2018, but <a href="https://www.amnesty.org/en/latest/news/2023/03/violent-conflicts-in-south-sudan-almost-always-involve-human-rights-violations-and-abuses-and-crimes-under-international-law">Sporadic, especially inter-communal violence continues</a>A national vote offers a vital opportunity to consolidate the hard-won peace and pave the approach to a more stable and democratic future.</p>
<p>But the country has not succeeded in <a href="https://press.un.org/en/2024/sc15611.doc.htm">Robust dial frame</a> The conditions are crucial for fair and credible elections. These include constitutional, legal, financial and political conditions that enable a reputable national election. In addition, deep-rooted disagreements amongst political leaders threaten to exacerbate the situation. </p>
<p>As a scientist specializing in <a href="https://scholar.google.com/citations?user=EM04-a8AAAAJ&#038;hl=en">Global governance and human security</a> in Africa, I share the priority that a failure or delay in these electoral processes could lead on to <a href="https://press.un.org/en/2024/sc15611.doc.htm">dangerous regression into conflict</a>.</p>
<h2>Lack of funding for elections</h2>
<p>Successful elections could enhance South Sudan’s international fame by demonstrating political maturity and a commitment to democracy after years of instability. Both regional and global actors have called on the federal government to implement the 2018 <a href="https://docs.pca-cpa.org/2016/02/South-Sudan-Peace-Agreement-September-2018.pdf">Revitalized agreement to resolve conflict in South Sudan</a>Despite delays in implementation, a roadmap to guide the peace process and elections was adopted in August 2022. </p>
<p>In December 2022, the federal government <a href="https://reliefweb.int/report/south-sudan/rjmec-report-status-implementation-revitalised-agreement-resolution-conflict-republic-south-sudan-period-1st-january-31st-march-2024">newly assembled key committees</a>including the National Constitutional Review Commission and the National Election Commission, as precursors to elections. However, each institutions face financial challenges and the National Constitutional Review Commission has not yet received any funding.</p>
<p>These financial problems represent a serious obstacle. Although the National Electoral Commission and the Council of Political Parties, a body designed to advertise political dialogue and cooperation, have received some funds, these will not be sufficient to operate fully. <a href="https://www.radiotamazuj.org/en/news/article/south-sudan-appeals-for-election-funding">International stakeholders</a>including the United Nations, the African Union and the EU, had expected the federal government to finance the elections, but the continuing delays have left international bodies that advise and encourage the federal government sidelined. <a href="https://www.undp.org/sites/g/files/zskgke326/files/2023-09/humanitarian_assistance_and_statebuilding_report_opt.pdf">concerned in regards to the lack of progress</a>.</p>
<h2>Decline in oil revenues, economic difficulties</h2>
<p>South Sudan is wealthy in oil reserves but extremely poor. It is currently facing a <a href="https://www.crisisgroup.org/africa/horn-africa/south-sudan/south-sudan-edge-its-neighbours-war-disrupts-oil-exports">significant decline in capability</a> to finance electoral processes. This decline is primarily on account of a pointy decline in oil revenues, which was attributable to economic difficulties and the <a href="https://www.ohchr.org/en/statements/2021/09/south-sudanese-political-elites-illicitly-diverting-millions-us-dollars">Diversion of resources by the ruling elite</a>.</p>
<figure class="align-center ">
<div class="placeholder-container" style="--aspect-ratio-percent:66.71087533156499%;--background-color:#4d352c"><img decoding="async" alt="A woman casts her vote in a voting booth." class="lazyload" src="https://images.theconversation.com/files/615201/original/file-20240822-16-9xx3lt.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;fit=clip" srcset="https://images.theconversation.com/files/615201/original/file-20240822-16-9xx3lt.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=1 600w, https://images.theconversation.com/files/615201/original/file-20240822-16-9xx3lt.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=2 1200w, https://images.theconversation.com/files/615201/original/file-20240822-16-9xx3lt.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=3 1800w, https://images.theconversation.com/files/615201/original/file-20240822-16-9xx3lt.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=1 754w, https://images.theconversation.com/files/615201/original/file-20240822-16-9xx3lt.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=2 1508w, https://images.theconversation.com/files/615201/original/file-20240822-16-9xx3lt.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=3 2262w" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px"></div><figcaption>
              <span class="caption">A girl votes together with her daughter at a polling station through the 2011 independence referendum.</span><br />
              <span class="attribution"><a class="source" href="https://www.gettyimages.com/detail/news-photo/woman-votes-with-her-daughter-at-a-polling-station-during-news-photo/107955921?adppopup=true">Spencer Platt/Getty Images</a></span><br />
            </figcaption></figure>
<p>At independence in 2011 and before the conflict that began two years later, South Sudan’s day by day oil exports amounted to <a href="https://www.crisisgroup.org/africa/horn-africa/south-sudan/305-oil-or-nothing-dealing-south-sudans-bleeding-finances">300,000 barrels</a>However, ongoing conflict and infrastructure damage have led to a gentle decline in production, with current exports reduced to around 150,000 barrels per day. Forecasts point to a continued <a href="https://www.crisisgroup.org/africa/horn-africa/south-sudan/305-oil-or-nothing-dealing-south-sudans-bleeding-finances">Halving production</a> roughly every five years. Factors exacerbating the decline in South Sudan&#39;s oil revenues include fluctuating world oil prices, internal instability, and poor-quality crude oil. </p>
<p>Potential investors are further deterred by war-damaged oil wells and the logistical and political complexities related to exporting oil through neighboring Sudan. <a href="https://www.france24.com/en/live-news/20240329-fragile-south-sudan-risks-turmoil-over-oil-disruption-experts">Disruptions in oil exports</a> were discovered after a devastating rupture within the vital pipeline that transports crude oil from landlocked South Sudan to the Red Sea port of Port Sudan and from there exports it world wide. The rupture occurred during fighting between the warring Sudanese factions: the Rapid Support Forces and the Sudanese Armed Forces.</p>
<p><iframe id="KWMbU" class="tc-infographic-datawrapper" src="https://datawrapper.dwcdn.net/KWMbU/1/" height="400px" width="100%" style="border: 0;" scrolling="no" frameborder="0"></iframe></p>
<p>The payment structure for <a href="https://www.fdiintelligence.com/content/feature/the-promise-of-oil-and-gas-in-south-sudan-81521">Oil revenues</a> stipulates that personal oil firms claim almost 60% of production, while neighboring Sudan also receives a big share under agreements made during independence. As a result, South Sudan only receives revenue from about 45,000 barrels of total day by day production, which ranges between 150,000 and 170,000 barrels. From this limited allocation, the federal government funds 98% of the state budget.</p>
<h2>Returnees and refugees pose a humanitarian challenge</h2>
<p>In addition, the return of over <a href="https://reliefweb.int/report/south-sudan/south-sudan-unhcr-overview-spontaneous-refugee-returns-march-2024">1 million</a> South Sudanese for the reason that signing of the 2018 peace agreement, along with <a href="https://www.unrefugees.org/emergencies/south-sudan/#:%7E:text=The%20conflict%20in%20Sudan%20has%20forced%20more%20than,to%20more%20than%202.3%20million%20internally%20displaced%20people.">Thousands of refugees</a> The flight from the conflict in Sudan has further highlighted the humanitarian challenges facing the young country within the face of its economic difficulties. </p>
<p>This includes South Sudanese who&#8217;ve been suffering severely from the continuing conflict in Sudan since April 2023. In addition to this humanitarian burden, there are still hundreds of South Sudanese who&#8217;re in <a href="https://www.voanews.com/a/influx-of-south-sudan-idps-leads-to-severe-overcrowding-at-un-protection-site-/6870446.html">Internally displaced individuals</a> Camps awaiting a protected return to their communities. </p>
<p>While financing the elections is a challenge, the actual crisis lies in a profound lack of trust between the parties to the peace agreement. </p>
<h2>Disagreements amongst policy makers</h2>
<p>President Salva Kiir and First Vice President Riek Machar – the 2 largest parties that might contest any election – have a sophisticated shared history and <a href="https://www.bbc.com/news/world-africa-51562367">deep-rooted mistrust of one another</a> which jeopardizes the integrity of the whole electoral process.</p>
<figure class="align-center ">
<div class="placeholder-container" style="--aspect-ratio-percent:66.71087533156499%;--background-color:#4e352e"><img decoding="async" alt="A man wearing a large hat gestures while speaking into a microphone." class="lazyload" src="https://images.theconversation.com/files/615204/original/file-20240822-16-6csdcd.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;fit=clip" srcset="https://images.theconversation.com/files/615204/original/file-20240822-16-6csdcd.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=1 600w, https://images.theconversation.com/files/615204/original/file-20240822-16-6csdcd.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=2 1200w, https://images.theconversation.com/files/615204/original/file-20240822-16-6csdcd.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=3 1800w, https://images.theconversation.com/files/615204/original/file-20240822-16-6csdcd.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=1 754w, https://images.theconversation.com/files/615204/original/file-20240822-16-6csdcd.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=2 1508w, https://images.theconversation.com/files/615204/original/file-20240822-16-6csdcd.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=3 2262w" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px"></div><figcaption>
              <span class="caption">South Sudanese President Salva Kiir together with his first vp and political rival Riek Machar.</span><br />
              <span class="attribution"><a class="source" href="https://www.gettyimages.com/detail/news-photo/south-sudan-president-salva-kiir-gives-a-press-conference-news-photo/1201979774?adppopup=true">Peter Louis/AFP via Getty Images</a></span><br />
            </figcaption></figure>
<p><a href="https://www.bbc.com/news/world-africa-51562367">The two clashed</a> and have been on opposing sides since 2013, resulting in a civil war. Their complex relationship now threatens the integrity of the electoral process for fear of <a href="https://www.cfr.org/global-conflict-tracker/conflict/civil-war-south-sudan">ethnic tensions</a>.</p>
<p>Critical tasks similar to <a href="https://pureportal.coventry.ac.uk/en/publications/voting-out-of-transition-perspectives-on-the-planned-national-ele">Training and deployment</a> of 33,000 security forces continues to be ongoing, threatening national stability. Ensuring nationwide election security is of paramount importance, but the shortage of a unified national security force raises concerns about voter safety.</p>
<p>Unlike other post-conflict African countries, similar to the Democratic Republic of Congo, Liberia and Sierra Leone, where the international community has facilitated elections, the transition process in South Sudan depends solely on the present transitional government, which is predicted to take over until December 2024.</p>
<p>Despite South Sudan&#39;s political and security challenges, immediate motion can enable peaceful elections. Dialogue with the leadership, accelerated funding and improved security mechanisms are essential. At the identical time, regional and international actors could be engaged to make sure robust financial support and to perform key tasks. When a rumor about <a href="https://www.eyeradio.org/political-analyst-proposes-kiir-machar-coalition-for-peaceful-polls/">joint ticket between Kiir and Machar is concluded</a>it could potentially reunite the country and set it on a path to stability.</p>
<p><em>Ahmed Hersi, a regional analyst for the Horn of Africa, contributed to this text.</em></p>
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<p><em>image credit : theconversation.com</em></p>
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		<title>US regional airports are back after years of decline – The Mercury News</title>
		<link>https://bloggingthree.soflytech.com/2024/08/us-regional-airports-are-back-after-years-of-decline-the-mercury-news/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Wed, 21 Aug 2024 17:51:46 +0000</pubDate>
				<category><![CDATA[Travel]]></category>
		<category><![CDATA[airports]]></category>
		<category><![CDATA[decline]]></category>
		<category><![CDATA[Mercury]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Regional]]></category>
		<category><![CDATA[years]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=12584</guid>

					<description><![CDATA[The ski resorts at Gunnison and Crested Butte, Colorado, are so near Aspen that you simply might think the world doesn&#39;t need its own airport. Its glamorous neighbor is just 48 miles north because the crow flies, though that&#39;s about 150 miles by road. But for people flocking to the laid-back town of Crested Butte, [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" src="https://www.mercurynews.com/wp-content/uploads/2024/08/BIZ-REGIONAL-AIRPORTS-REVIVAL-PG_463f3a.jpg?w=1400px&amp;strip=all" /></p>
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<p>The ski resorts at Gunnison and Crested Butte, Colorado, are so near Aspen that you simply might think the world doesn&#39;t need its own airport. Its glamorous neighbor is just 48 miles north because the crow flies, though that&#39;s about 150 miles by road.</p>
<p>But for people flocking to the laid-back town of Crested Butte, for its extreme ski slopes and epic mountain bike trails, there&#39;s a brand new reason to avoid farther-flung Aspen: the destination&#39;s shiny latest airport, opening in January 2023.</p>
<p>Not only is the Gunnison-Crested Butte Regional Airport&#39;s terminal easy to navigate at just 40,000 square feet, it&#39;s also heated and cooled by geothermal energy and features triple-pane windows to maintain travelers warm in a city considered one in all the coldest places within the United States.</p>
<p>And Crested Butte is just not the one small town airport being modernized.</p>
<p>Across the United States, at the very least a dozen small and mid-sized facilities are being renovated and, in some cases, built from scratch—typically with budgets within the eight and nine figures. This contradicts the long-held belief amongst aviation experts that these regional facilities are destined to collect dust and die out.</p>
<p>During the pandemic, smaller U.S. airports actually fell out of favor. With business travel virtually nonexistent, airlines scaled back their offerings to concentrate on more profitable private routes between major hubs. Planned facility improvements were also placed on hold. Even as those problems subsided, severe pilot shortages forced major airlines to chop more routes, realizing that profit margins on smaller loads simply aren&#39;t as high as they were a decade ago. It was a confluence of crises that appeared to have doomed small airports endlessly.</p>
<p>But a few of those aspects have since evolved. For one, second-tier cities are experiencing a sustained population boom, a trend that began with the urban exodus through the pandemic in 2020 and continues as distant staff seek cheaper places to live. Numerous unsold seats on these classic leisure flights have also proven to airlines that it&#39;s time to rethink their route plans, explains Brian Sumers, aviation expert and founding father of the newsletter Airline Observer. Not to be missed is the high level of customer satisfaction related to these smaller facilities, that are thankfully freed from stress-inducing crowds and countless concourses that take endlessly to navigate.</p>
<p>Of course, money plays a giant role, too. The Biden administration&#39;s bipartisan infrastructure bill has pumped at the very least $9 billion into improving airports across the country since 2022, complementing private and non-private funding at a more local level that has helped revitalize a lot of additional facilities. Although budgets can change on a regular basis, Knoxville and Memphis in Tennessee have invested a complete of $830 million in airports; Des Moines, Iowa, has budgeted $445 million to remodel its facility; and Pittsburgh can expect a full $1.5 billion.</p>
<p>In other words, the renaissance of small American airports is officially underway. Here are just a few examples of upcoming redevelopments that excite us—consider them as emblematic of what could soon occur in a small town near you.</p>
<p>The challenge of expanding a small airport is to keep up its family atmosphere, says Brent Mather, the Denver-based design principal of Gensler, a number one architecture firm that&#8217;s leading a lot of such projects. Being capable of arrive half-hour before departure and still get through security and onto the plane, he says, &#8220;means a lot, especially for the people who live there. It&#39;s a huge selling point.&#8221;</p>
<p>At the newly renovated Eagle County Regional Airport near Vail, Colorado, for instance, it takes lower than five minutes to cross your entire 6,000-square-meter hall, which opened at the tip of 2020. By comparison, it&#8217;s 2.33 kilometers from the commuter train on the airport terminal to the gates at Denver International Airport &#8211; about half-hour on foot.</p>
<p>That philosophy is the idea for the design of a $2 billion, 1 million-square-foot terminal at John Glenn Columbus International Airport, scheduled to open in 2029. A market-like dining hall will sit in the middle of the only concourse. The idea, says Tim Hudson, head of aviation at Gensler, is to create a seamless passenger experience where you may eat, drink and shop in a hyper-accessible space from which passengers can see at the very least two-thirds of the airport&#39;s gates and lots of flight monitors. &#8220;It&#39;s a big concourse, a central security checkpoint and a concession program &#8211; where passengers have access to the entire building.&#8221;</p>
<p>The latest terminal, which can completely replace the prevailing one, is being co-designed by Gensler and Columbus-based Moody Nolan and could have 36 gates &#8211; seven greater than the present airport &#8211; and a parking garage for five,000 cars. Groundbreaking is scheduled for early 2025.</p>
<p>&#8220;Our current terminal opened in 1958 and was built for a different time,&#8221; said Joseph Nardone, president and CEO of the Columbus Regional Airport Authority. &#8220;With a more efficient, streamlined and sustainable design, we will be able to meet and exceed travelers&#39; expectations and support our growing community for years to come.&#8221;</p>
<p>The variety of travelers to this central Ohio city is predicted to grow from 8.7 million passengers in 2023 to an estimated 13 million in 2033 – a rise driven by Columbus&#39;s development right into a technology and business center within the Midwest.</p>
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<p>In Nevada, Reno-Tahoe International Airport is preparing for 2 latest concourses, with construction set to start in 2025 and be accomplished in 2030. An influx of recent residents, fueled by the airport&#39;s family-friendly status and a growing number of information centers, is predicted to spice up Reno-Tahoe&#39;s annual passenger count from 2.3 million today to three.7 million by 2046. The airport&#39;s expansion could have two priorities: increasing gate size to accommodate larger aircraft and adding more food and beverage options.</p>
<p>Another consideration is the sense of place. Mather is well aware that flights to and from regional airports are typically costlier than their larger, international counterparts, and with that premium comes the expectation of higher service and more inspired design.</p>
<p>&#8220;We want people to arrive and say, &#39;Wow! OK, I&#39;m in Reno, this is going to be a really great experience,&#39; whether they&#39;re traveling for business or pleasure,&#8221; he explains.</p>
<p>In Columbus, the central stall will offer floor-to-ceiling views of the runways and resemble town&#39;s historic North Market, a fancy of farm stands and restaurants popular with visitors. That also needs to boost spending: At San Francisco International Airport&#39;s Terminal 2, the same redesign that converted regular airport restaurants right into a farmers&#39; market-style dining room led to a 23 percent increase in sales, Hudson says.</p>
<p>At the Gunnison-Crested Butte, the important restaurant and lounge feature brightly painted stripes on a sloped roof harking back to the colourful Victorian facades in downtown Crested Butte, and wraparound windows frame stunning mountain scenery in all places.</p>
<p>Reno&#39;s future airport will even have a continuous concourse with panoramic views of the world&#39;s distant peaks. Mather says he thought in regards to the feeling of leaving a ski resort in Tahoe and catching a flight home from Reno when he designed those partitions of windows. &#8220;I want it to feel like it&#39;s an extension of the vacation,&#8221; he says.</p>
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<p>Originally published: <time datetime="2024-08-20 12:50:28">August 20, 2024 at 12:50</time></p>
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<p><em>image credit : www.mercurynews.com</em></p>
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