Troy scores 21 points in less than 2 minutes in the fourth quarter to beat Southern Miss 52-20TORONTO - Canada’s main stock index lost nearly 250 points Thursday, led by weakness in energy and base metals, while U.S. markets also fell. The S&P/TSX composite index closed down 246.99 points at 25,410.71. In New York, the Dow Jones industrial average was down 234.44 points at 43,914.12. The S&P 500 index was down 32.94 points at 6,051.25, while the Nasdaq composite was down 132.05 points at 19,902.84. “I think the markets had some time to now digest where rates could be going into the near term,” said Adelaide Chiu, portfolio manager, vice-president and head of responsible investing at NEI Investments. On Wednesday, the Bank of Canada announced an outsized half-percentage point interest rate cut and signalled it would slow the pace of cuts going forward. “With the policy rate now substantially lower, we anticipate a more gradual approach to monetary policy if the economy evolves broadly as expected,” said Bank of Canada governor Tiff Macklem. And in the U.S., the monthly report on consumer inflation came in largely as expected, helping set the stage for a quarter-point cut by the U.S. Federal Reserve next week. Globally, interest rate cuts are moderating as inflation reaches targets, Chiu said. On Thursday, the European Central Bank cut rates by a quarter of a percentage point while the Swiss National Bank cut by half a percentage point. A year ago, market watchers couldn’t have predicted just how much equities would rise in 2024, said Chiu. “Earnings growth itself has been quite modest, but the market has done very well,” she said. “It’s really a movement of the interest rates that has really impacted valuations for a lot of these companies in the market.” Now, the news is largely focused on the incoming U.S. president and whether his threatened tariffs will come to pass, Chiu said. The Canadian dollar traded for 70.48 cents UScompared with 70.65 cents US on Wednesday. The January crude oil contract was down 27 cents at US$70.02 per barrel and the January natural gas contract was up eight cents at US$3.46 per mmBTU. The February gold contract was down US$47.30 at US$2,709.40 an ounce and the March copper contract was down a penny at US$4.20 a pound. — With files from The Associated Press This report by The Canadian Press was first published Dec. 12, 2024. Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
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Opposition fighters are closing in on Syria’s capital in a swiftly developing crisis that has taken much of the world by surprise. Syria's army has abandoned key cities in the west and south with little resistance. Nervous residents in Damascus describe security forces on the streets. The state news agency has been forced to deny rumors that President Bashar Assad has left the country. Who are these opposition fighters ? If they enter Damascus after taking two of Syria’s largest cities , what then? Here’s a look at the stunning reversal of fortune for Assad and his government in just the past 10 days, and what might lie ahead as Syria’s 13-year civil war reignites . This is the first time that opposition forces have reached the outskirts of the Syrian capital since 2018, when the country’s troops recaptured the area following a yearslong siege. The approaching fighters are led by the most powerful insurgent group in Syria, Hayat Tahrir al-Sham , or HTS, along with an umbrella group of Turkish-backed Syrian militias called the Syrian National Army. Both have been entrenched in the northwest. They launched the shock offensive on Nov. 27 with gunmen capturing Aleppo, Syria’s largest city, and the central city of Hama, the fourth largest. The HTS has its origins in al-Qaida and is considered a terrorist organization by the U.S. and the United Nations. But the group said in recent years it cut ties with al-Qaida, and experts say HTS has sought to remake itself in recent years by focusing on promoting civilian government in their territory as well as military action. HTS leader Abu Mohammed al-Golani told CNN in an exclusive interview Thursday from Syria that the aim of the offensive is to overthrow Assad’s government. The HTS and Syrian National Army have been allies at times and rivals at times, and their aims might diverge. The Turkish-backed militias also have an interest in creating a buffer zone near the Turkish border to keep away Kurdish militants at odds with Ankara. Turkey has been a main backer of the fighters seeking to overthrow Assad but more recently has urged reconciliation, and Turkish officials have strongly rejected claims of any involvement in the current offensive. Whether the HTS and the Syrian National Army will work together if they succeed in overthrowing Assad or turn on each other again is a major question. While the flash offensive against Syria’s government began in the north, armed opposition groups have also mobilized elsewhere. The southern areas of Sweida and Daraa have both been taken locally. Sweida is the heartland of Syria’s Druze religious minority and had been the site of regular anti-government protests even after Assad seemingly consolidated his control over the area. Daraa is a Sunni Muslim area that was widely seen as the cradle of the uprising against Assad’s rule that erupted in 2011. Daraa was recaptured by Syrian government troops in 2018, but rebels remained in some areas. In recent years, Daraa was in a state of uneasy quiet under a Russian-mediated ceasefire deal. And much of Syria's east is controlled by the Syrian Democratic Forces, a Kurdish-led group backed by the United States that in the past has clashed with most other armed groups in the country. Syria’s government now controls just four of 14 provincial capitals. Much depends on Assad’s next moves and his forces' will to fight. A commander with the insurgents, Hassan Abdul-Ghani, posted on the Telegram messaging app that opposition forces have started carrying out the “final stage” of their offensive by encircling Damascus. The Britain-based Syrian Observatory for Human Rights said Syrian troops have withdrawn from much of the two southern provinces and are sending reinforcements to Homs. If that city is captured, the link would be cut between Damascus, Assad’s seat of power, and the coastal region where he enjoys wide support. “Homs to the coastal cities will be a very huge red line politically and socially. Politically, if this line is crossed, then we are talking about the end of the entire Syria, the one that we knew in the past,” said a Damascus resident, Anas Joudeh. Assad appears to be largely on his own as allies Russia and Iran are distracted by other conflicts and the Lebanon-based Hezbollah has been weakened by its war with Israel, now under a fragile ceasefire. The U.N. special envoy for Syria, Geir Pedersen, is calling for urgent talks in Geneva to ensure an “orderly political transition,” saying the situation is changing by the minute. He met with foreign ministers and senior diplomats from eight key countries including Saudi Arabia, Russia, Egypt, Turkey and Iran on the sidelines of the Doha Summit. President-elect Donald Trump in his first extensive comments on the developments in Syria said the besieged Assad didn’t deserve U.S. support to stay in power. “THIS IS NOT OUR FIGHT,” Trump posted on social media.Christmas TV masks 'crisis' behind the cameras
President Volodymyr Zelensky on Saturday insisted at a meeting with US President-elect Donald Trump that any settlement with Russia after its invasion of Ukraine had to be "just", as fears grow in Kyiv on the position of the incoming administration. President Emmanuel Macron hosted three-way talks with Zelensky and Trump at the Elysee Palace, discussing what the incoming American president had termed a world that was a "little crazy". Hours after their meeting, the outgoing administration of President Joe Biden announced a new $988 million military assistance package for Ukraine. The package features drones, ammunition for precision HIMARS rocket launchers, and equipment and spare parts for artillery systems, tanks and armoured vehicles, the Pentagon said in a statement. Zelensky's meeting with Trump just before the three men headed to Notre Dame for the re-opening ceremony of the great Paris cathedral was his first face-to-face encounter with tycoon-turned-politician since his election victory. The meeting was of huge importance to Zelensky, given fears in Kyiv that Trump, who once boasted he could end Russia's war on Ukraine in 24 hours, may urge Ukraine to make concessions to Moscow. It also offered a unique chance for Macron to gain insights into how a second Trump presidency will look when he takes office in January. The trip to Paris is Trump's first international visit since his November 5 election win. "We all want peace. But it is very important for us... that the peace is just for all of us and that Russia, (Russian President Vladimir) Putin or any other aggressor has no possibility of ever returning," Zelensky said according to the presidential website. "And this is the most important thing -- a just peace and security guarantees, strong security guarantees for Ukraine," he added. Trump has scoffed at the billions of dollars in US military assistance to Ukraine and has spoken of forcing a quick settlement. But Zelensky also thanked Trump for his "unwavering resolve" describing the talks as "good and productive". Trump and Macron embraced and shook hands several times on the steps of the French presidential palace, with Trump given a full guard of honour despite not yet being in office. More from this section "It seems like the world is going a little crazy right now and we will be talking about that," Trump told reporters as he prepared to sit down for the talks with Macron. Despite tensions between the two men during his first term, Trump hailed his ties with the centrist French leader, saying: "We had a great relationship as everyone knows. We accomplished a lot." Macron told Trump it was "a great honour for French people to welcome you" for the re-opening ceremony at Notre Dame, which was devastated by a blaze in 2019 during Trump's first term. "You were president at that time and I remember the solidarity and the immediate reaction," Macron added, speaking in English. When he first took office in 2017, Trump's ties with Macron -- then also a fresh face on the world stage -- began warmly despite their obvious political differences. Their long and muscular handshakes -- which saw each man seek to assert his superiority -- became a light-hearted focus of attention before ties cooled, then soured, following disputes about climate change, trade and defence. Trump earlier wrote on his Truth Social platform that the United States should "not get involved" in the situation in Syria, where fast-moving rebel forces say they have begun to encircle the capital Damascus. The Republican's return to power has rung alarms in Paris and many European capitals after his promises on the campaign trail to force an end to fighting in Ukraine and levy tariffs on trading partners. In his own reaction to the discussions, Macron wrote on social media: "Let us continue our joint efforts for peace and security." European allies have largely enjoyed a close working relationship with Biden on the crisis in the Middle East, but Trump is likely to distance himself and ally the United States even more closely with Israel. In a sign of the importance of Trump's one-day trip to Paris, he was accompanied by his pick for White House chief of staff, Susie Wiles, as well as his Near East and Middle East advisors, Steve Witkoff and Massad Boulos, according to a guest list issued by the Elysee Palace. Tesla tycoon and Trump advisor Elon Musk, who was also on the line during a phone call between the incoming president and Zelensky last month, also flew into the French capital was present at the Notre Dame ceremony. sjw/adp/jjPete Davidson: I’m Done Being ‘Loser Who Just Dates People’
Romelu Lukaku faced heavy criticism from Nigerians after missing a penalty kick for Napoli against Venezia The Belgian forward failed to give Napoli an early lead after his penalty was easily saved in the first half Lukaku has come under fire from Nigerians this season after replacing Victor Osimhen in the Napoli squad this season CHECK OUT: Education is Your Right! Don’t Let Social Norms Hold You Back. Learn Online with LEGIT. Enroll Now! Romelu Lukaku found himself at the centre of criticism from Italian and Nigerian football fans after missing a crucial penalty during Napoli's 1-0 victory against Venezia on Sunday night. Antonio Conte’s men could have gotten into half-time with the lead but the Belgian forward’s effort from the penalty spot was well saved by goalkeeper Filip Stankovic in the 37th minute. According to One Football , Lukaku’s penalty miss against Venezia was only the striker’s second in 15 attempts in Serie A and sixth overall in his playing career. The former Inter Milan and Roma forward had only failed to score six times with penalties in his club career, once for Manchester United , twice at Everton, once at West Bromwich Albion, and the first for RSC Anderlecht in July 2011. Read also Former Serie A goalkeeper issues warning to Lukaku amid poor performance and Osimhen's comparison PAY ATTENTION: Follow us on Instagram - get the most important news directly in your favourite app! However, Napoli maintained their unbeaten home record against Venezia with a late 1-0 victory, courtesy of a goal from Raspadori in the 79th minute. How Nigerians reacted to Lukaku’s penalty miss Nigerian football fans have responded to Lukaku's missed penalty, with many expressing irritation and anger at the Belgian forward. Lukaku has been on the end of backlash from some Nigerians for replacing Victor Osimhen at Napoli this summer after the Super Eagles striker had fallen out with the club’s hierarchy. @247BetPro tweeted: “Lukaku is a very selfish player You missed penalty... you got the chance to pass the ball to Di Lorenzo knowing fully well you can't shoot well from the angle you were.. but the yeye man out of his own selfishness gifted the ball to Venezia defender. This guy is something else” @Only1Versace also blasted the Belgian forward for his penalty miss: Read also Victor Osimhen: Fabrizio Romano issues update on Galatasaray Star's future amid Man Utd links “Lukaku is better than Osimhen ,man can’t even convert a penalty” @Chypee3 also tweeted: “Lukaku missed a penalty today. I didn't see a video trolling him on Napoli page. Osimhen really suffer for this people hand” @paul_sparsh had this to say: “Lukaku missed 3 sitters including that last gasp shot from 4 yards. He literally cost Inter the UCL final just like he got Belgium knocked out of the World Cup with his open goal misses.” Bonucci differentiates Osimhen and Lukaku Earlier, Legit.ng reported that former Italy defender Leonardo Bonucci weighed in on the social media argument over which player is better between Osimhen and Lukaku . Bonucci, who spent the majority of his career in the Italian Serie A and faced both strikers, highlighted why the Nigerian is more dangerous than the Belgian. PAY ATTENTION: Сheck out news that is picked exactly for YOU ➡️ find the “Recommended for you” block on the home page and enjoy! Source: Legit.ng
Minutes after the University of North Carolina announced it had hired Bill Belichick as its next head football coach, the Tar Heels’ Instagram account posted a photo of the legendary NFL coach — at no more than 3 years old — sitting in the UNC bleachers. “Welcome home, Coach,” the post reads , dredging up the memory of when the young Belichick shadowed his father, Steve, who was a UNC assistant from 1953 to 1955. As news of his hiring spread around the NFL world, the reaction ranged from excitement at seeing him back on the sideline to disbelief. The most decorated coach in NFL history after earning six Super Bowl rings with the New England Patriots, and two more as the defensive coordinator with the New York Giants, Belichick is officially making his next challenge college football after agreeing to a five-year deal with UNC. “I will have to see him on the sideline to believe that’s happening,” Washington Commanders offensive coordinator Kliff Kingsbury joked Thursday. “We’ll see how the NFL job search goes and all that. I will have to see him on the sideline coaching in Chapel Hill to believe that’s happening." While Belichick’s knowledge of the sport, and his success, are unquestioned, there has been debate among those who have played for the 72-year-old coach during his 40-plus years in football about how well his style will translate to the college game. Some of his former players believe his skill set will work at any level. That list apparently includes Tom Brady, the quarterback during all six of Belichick’s Super Bowl wins with New England. “Congrats, coach. The Tar Heel way is about to become a thing,” Brady posted on Instagram on Thursday, referencing “The Patriot Way” that he popularized in New England. Some cautioned that the players he brings into the UNC program should prepare to have their limits tested like never before. “I think he’s going to do good,” said Patriots receiver Kendrick Bourne, who played under Belichick during his final three years in New England. “Bill does a good job of developing players, developing young men. I think it will be a challenge for the young man. He’s a tough coach, which we all know. But I think it will be good for certain players that have the right mindset.” Bourne's advice? Always stay locked in mentally. “Just stay tough,” Bourne said. “Have a gritty mindset because it’s not going to be easy, but in the end, it’s going to be worth it." Though some have questioned why the Tar Heels would even consider hiring Belichick after parting ways with 73-year-old Mack Brown this season, current Patriots coach Jerod Mayo said good coaching is ageless. “To me, it doesn’t matter if you’re a young man or a 10-year vet in the league, he’s a great teacher,” said Mayo, who played eight seasons under Belichick, winning a Super Bowl during the 2014 season, and then succeeded him as head coach after last season. "I wish him nothing but the best. It doesn’t really matter what level, I think he’ll be successful.” NFL Hall of Famer Deion Sanders is a relative newcomer to the college game himself. He spent three seasons at Jackson State before going to Colorado in 2023. In a message posted to the X social media platform, he welcomed Belichick as a competitor. “Coach Bill Belichick is a coaches coach to all us Coaches along with my man coach (NIck) Saban,” Sanders posted. “They’re game changers and they know how to move people forward. I know this is a great thing for College Football & for North Carolina. God bless u Coach, if you’re happy I am 2.” But former Patriots defensive back Je’Rod Cherry wonders how well Belichick’s old-school coaching style will be received in an era in which in-your-face methods don't always fly as well as they did when Belichick began his career. “You can’t coach hard anymore,” Cherry said during an appearance on ESPN GameNight. “You can’t yell at guys, curse at guys and that’s what he does. You are going to have to find guys who are going to accept that brand of coaching and will accept someone constantly getting on them." New York Jets safety Jalen Mills, who played for Belichick with the Patriots from 2021 to 2023, said he was surprised by the news. “I thought he definitely was going to try to wait it out until after the season and come back to the NFL,” Mills said. "But I think it’s gonna be a good thing for him because now you get a guy who has won and, of course, he’s going to try to turn that program around. But he also gets to connect with the younger generation and kind of modify and adjust to this younger generation of football on top of what he already knows. So I think that’ll just help him as far as coaching. And then, of course, he’ll give those guys, those young guys, structure as far as what the NFL looks like, too.” Just how much the Belichick on the college sidelines will resemble the one in the cutoff hooded sweatshirt who patrolled NFL sidelines is unclear. Belichick hinted they will be one and the same. During an appearance on “The Pat McAfee Show” on ESPN prior to agreeing to the UNC job, Belichick laid out what his approach at the college level would be. “The program would be a pipeline to the NFL for the players than have the ability to play in the NFL,” Belichick said. “It would be a professional program — training, nutrition, scheme, coaching, techniques — that would transfer to the NFL. It would be an NFL program at a college level.” AP National Writer Howard Fendrich and Pro Football Writer Dennis Waszak contributed to this report. AP NFL: https://apnews.com/hub/nflFrench President Emmanuel Macron’s office said he cut short a visit to Poland Thursday to return home to name a new prime minister eight days after French lawmakers rejected Prime Minister Michel Barnier in a no-confidence vote. Barnier, who had been prime minister for just three months, angered members of parliament on both the right and the left last week when he pushed through the 2025 budget without parliamentary approval, something Barnier said he did to maintain "stability" amid France's deep political divisions. Macron asked Barnier to stay on in a caretaker capacity until the president names a successor. Following a meeting with Macron at his Elysee Palace office Tuesday, party leaders said the president had promised to name a replacement to lead the government within 48 hours. The meeting did not include the far-right National Rally party led by Marine Le Pen or the far-left France Unbowed party of Jean-Luc Melenchon. The Associated Press reports Macron said he would only speak with more moderate political forces. Following last week’s no-confidence vote, Macron, in a nationally televised speech, vowed to stay in office until the end of his term in 2027. He also promised to appoint a prime minister who would form a government “in the general interest, representing all the political parties who can participate in it, or at least who agree not to bring it down." A spokeswoman for Barnier’s caretaker government, Maud Bregeon, told reporters Wednesday Macron would either seek to bring parties from the center-left into his center/center-right coalition or make a deal with them not hold any no confidence votes against them. Analysts suggest top candidates to be prime minister include centrist Democratic Movement party leader François Bayrou, Defense Minister Sebastien Lecornu and center-left ex-Prime Minister Bernard Cazeneuve. Some information in this report came from The Associated Press, Reuters and Agence France-Presse.