Arkansas Symphony Orchestra Breaks Ground on New $11.75 Million Stella Boyle Smith Music Center in Little Rock’s East Village
LITTLE ROCK, Ark.--(BUSINESS WIRE)--Aug 10, 2023--
2023-08-11 03:54
S.Africa's blackouts force solar-powered town to life in the dark
A South African town has been left fuming after a legal battle with a state-owned power utility forced its solar plant to dump desperately needed electricity in a...
2023-05-18 19:59
MrBeast plans exciting giveaway to break cash prize record in gaming history, fans say 'you obviously have too much money'
MrBeast recently announced his plan to give away the world's greatest prize money won in gaming show history
2023-06-23 12:47
The lesson Qatar has learned as Manchester United takeover bid enters final stages
Raine have continued talks with all bidders for Manchester United this week, as the prospective sale of the club enters its protracted final stages. Buyers have been reluctant to give a timescale on when they expect the process to be completed, as so many superficial deadlines have already passed. While most of the focus has been on Sir Jim Ratcliffe and Qatar’s Sheikh Jassim-fronted bid, those bidding for a minority are still in the race. Most notably, no party currently see themselves as out of it, even though the general feeling has been we are approaching the time when the Glazers are moving to “complete”. This confidence is most conspicuous with Qatar, given their camp didn't have that feeling two weeks ago. There was a widespread belief they were out of the race. The so-called “final take-it-or-leave-it” offer changed some thinking, and improved discussion. It is understood that offer is still of a lower overall value than that of INEOS, but the very fact that Qatar upped it at all is viewed as a strategic success for the Glazers. The involvement of Paris Saint-Germain’s Nasser Al Kehlaifi is also instructive, as it displays the Glazers’ intent to get Qatar to up the price. There is a view within industry circles that the United owners have long seen Ratcliffe as a “stalking horse” and that, if they are to actually sell, the intention has been to just gradually move Qatar up to the £6bn valuation. While Ratcliffe has made his valuation clear and can't really go past a certain point, after all, the Glazers are naturally conscious of Qatar's ultimately limitless wealth. It has ensured the process has become "a game", in the words of many sources. It is also why Qatar increasing their offer after the supposed last deadline is seen as a minor strategic victory for the Glazers. At the same time, there remains optimism within the INEOS camp, especially given the range of potential options they are giving the family. Avram and Joel Glazer, who are most attached to the club, could yet stay on. Chris Davidson, an academic expert on the Gulf who is a fellow at Durham University, believes the entire Qatar bid is a highly-calibrated approach that has been influenced by the purchase of Harrods in 2010. Now owned by the Qatar Investment Authority, the flagship department store was sold to Qatar Holdings for a reported £1.5bn. Sheikh Jassim’s father, the then Qatari Prime Minister Hamad bin Jassim bin Jaber Al Thani, actually flew to London to finalise the deal with Mohammed Al Fayed. The senior Jassim said at the time that Harrods would add “much value” to Qatar’s portfolio of investments, especially as a “historical place”, although Davidson points out how the state was derided for overpaying at the time. He believes this has influenced the United takeover process in two ways, both related to the image of the state. One is over the symbolism of the price. The second is over the idea of giving the impression of some separation, to put more searching questions at a distance. “They’re just calibrating their bid,” Davidson told The Independent. “They could blow anyone out of the water, but they’re calibrated to always be just a little bit around Ratcliffe. "It’s a very different approach. I think this is an example of Qatar learning a lesson they found out the hard way on Harrods, where they were repeatedly pilloried for having overpaid. They really wanted Harrods. It’s a particularly glamorous brand for people from the Gulf. The status it has given them among their Gulf rivals – not so much in the UK – is enormous. They were willing to overpay for that. I’m sure they’d be willing to overpay for Man United, too, but I think this was a case of having learned their lesson.” This then plays into another strategic purpose, which is putting a perceived difference between the bid and the state. It is all the more important given the greater focus on state ownership in sport, especially with Manchester City’s landmark treble victory and Saudi Arabia’s recent escalation in its sporting investments. One of the points that has been made about the Ratcliffe offer is that it would be much quicker and cleaner to do, as there would be no resistance from other clubs, nor human rights-related issues. The Premier League in March updated its Owners and Directors Test to include a new provision based on Global Human Rights Sanctions Regulations in 2020. Qatar has faced huge criticism from groups such as Amnesty and FairSquare, with that debate framing the entire 2022 World Cup. “By calibrating it, it just allows them to hover under the radar of being so obviously a state-backed entity, “ Davidson explains. “If they said ‘right, we want it’ just as they did with Harrods, and did a bid that blew everyone out of the water, it would be pilloried for being an uncompetitive offer that reflects badly on Qatar. It’s an ongoing calibration as far as I can see… enough to win the bid without attracting too much negative attention or too much attention it is ultimately state wealth. “If they calibrate their offer, one of the talking points becomes that it essentially can’t be state backing. Otherwise they’d throw even more of it. It’s clearly a stalking point bidding process.” INEOS are optimistic that is not the case and they have a real chance. Much will depend on how greatly the Glazers actually want to sell, which has remained a huge question throughout all of this. There remains a belief within the club itself that the Glazers’ preference is to just raise enough investment to redevelop Old Trafford but retain control. It is the poor state of the ground that has actually brought them to this point, after all, as it has started to affect revenue. Many in United’s hierarchy have taken note of just how impressive the new Tottenham Hotspur Stadium is, and what a revenue-machine it is for the London club. The current Old Trafford can’t offer that, and it was symbolic that it has been passed over for the Euro 2028 plans. That awareness runs alongside a persistent belief at the top of the game that elite clubs will see their value greatly rise in the years to come, particularly with the evolution of telecommunications and virtual reality technology. One industry source says that the new Chelsea owners were so keen to invest in the club – even for the much-pilloried £600m this season – because they believe they have bought an asset that could soon be worth £9bn for £2.5bn. The Glazers are conscious of this, too. While there had previously been a belief that the market for clubs had bottomed out, and that a sale now could offer a remarkable sum for each of the six siblings, there is also the view that this could just be a bad time to sell. They may miss out on huge future earnings. While this has been discussed among the Glazers, though, nobody really knows what they are thinking. That is especially true of the bidders now, since multiple sources maintain “you never know where you are in the race”. All of this will only become apparent whenever it ends, which is right now as much of an unknown. The hope is it’s this week, but that’s been said before, through multiple weeks. Read More Sheikh Jassim bid still on table as Manchester United takeover tests patience The year that sportswashing won: A season that changed football forever FA Cup final reveals key summer questions for Manchester United Football rumours: Arsenal closing in on Declan Rice for club-record fee Michael O’Neill expects Ethan Galbraith to flourish after Manchester United exit Manchester City’s treble winners arguably greatest ever English team – Joe Royle
2023-06-13 16:54
Big 12's new members see evidence of excitement in ticket and merchandise sales and rising donations
The Big 12's four new schools are seeing the positive effects of membership in a Power Five conference
2023-09-27 02:20
Barcelona confirm loan sign of Joao Felix from Atletico Madrid
Barcelona have confirmed the signing of forward Joao Felix on a season-long loan from Atletico Madrid.
2023-09-02 04:24
Heat, disease, air pollution: How climate change impacts health
Growing calls for the world to come to grips with the many ways that global warming affects human health have prompted the first day dedicated to the issue at crunch...
2023-11-26 14:17
Four things to expect from GTA 6's first trailer
The hotly anticipated new trailer for the next Grand Theft Auto game is nearly upon us, and gamers are on tenterhooks. It has been more than 10 years since the last instalment of the world’s most popular video game, and the makers, Rockstar Games have been dropping cryptic hints about the next one over the next few months. Some fans have even reportedly quit smoking so they definitely live until the eventual release date. Safe to say, some people are unhealthily obsessed. With the trailer set to drop in early December, here are six things to expect. The location Previous Rockstar Games trailers have featured a highlight reel revealing the location of the game, and giving fans an idea of the new world they’ll be tearing up. Liberty City, Vice City, and Los Santos, the previous game locations, are as iconic to GTA players as any of its playable characters, so this is likely to be an important one. Moreover, Rockstar spends a huge amount of time and effort on world design, it’s a key part of the franchise. Any trailer will surely feature this heavily. The big question is: where will it be? A data leak last September suggested that it will be in a revamped version of Vice City – but whether that's the only location is anyone's guess. Some cars Everyone loves cruising around GTA game worlds in classic cars blasting music and occasionally stopping to commit some virtual crimes, right? Social media users certainly hope that cars – and other vehicles – will play a part in the upcoming trailer. One person commented on Reddit: “I know the game will take place in the modern era, but I really hope we'll see classic/old-school cars as well, like in GTA 5. “Something like a Chevrolet Bel Air or a Ford F-100 or basically anything from the 50s to the 80s. If 90% of the cars are going to be modern and electric, I will be pretty disappointed, not gonna lie.” How it will deal with the popularity of GTA Online The massive success of GTA Online, where players play against one another in a virtual world, will cause some headaches for people designing the trailer – and the next game in general. Will it give people the chance to continue their online adventures in the last game into the new one? Some gamers have spent untold amounts of money – and days of their life – on their GTA multiplayer profiles, so this will be a big concern for them. Other bits from the recent leak While official information about the game has been sparse, a massive data leak last September gave fans a sneak peak. About 90 videos from an in-development version of the game appeared on a forum, showing that the game might feature the series’ first playable female protagonist. The character, called Lucia, was clad in a pink outfit, and appeared to be robbing someone at gunpoint. It wouldn’t be unreasonable to expect that she will feature somewhere in the upcoming trailer. Fans on social media also speculated that the makers of the trailer will include various other, more random, aspects – one person suggested rollerblades, for example. Another person said they wanted to see a “police shootout”, which sounds a little more in-keeping with the franchise. Whatever the trailer brings, it will have gamers across the land incredibly excited.Sign up to our free indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-11-29 03:27
US single-family starts rebound; soaring mortgage rates cast a shadow
By Lucia Mutikani WASHINGTON (Reuters) -U.S. single-family homebuilding rebounded in September, boosted by demand for new construction amid an acute
2023-10-18 23:16
'Cold and shaking' Hatton wins mountain bike world gold
British rider Charlie Hatton produced a flying run to win the men's mountain bike downhill final at the world cycling championships...
2023-08-06 01:16
Supermajorities in state capitols push controversial policies to the edge
A historically high number of supermajorities in state legislatures has pushed laws further to the edge on abortion, climate and transgender issues
2023-06-17 12:27
Biden marks LGBTQ+ Pride Month with White House South Lawn celebration
President Joe Biden welcomed hundreds to the White House for a delayed Pride Month celebration aiming to demonstrate his administration’s support for the LGBTQ+ community. Advocates have recently been warning of a spike in discriminatory legislation, particularly aimed at the transgender community, sweeping through statehouses. The event, which the administration described as the largest Pride event hosted at the White House, was initially scheduled for Thursday, but was postponed because of poor air quality from hazardous air flowing in from Canadian wildfires. But the haze that blanketed a huge swath of the East Coast this past week had lifted over the nation's capital, allowing the president and first lady Jill Biden to hold their South Lawn party. “So today, I want to send a message to the entire community — especially to transgender children: You are loved. You are heard. You belong,” Biden said. Pride Month is being celebrated this year as state lawmakers have introduced at least 525 bills and enacted 78 bills that whittle away at LGBTQ+ rights, according to the Human Rights Campaign, a group that advocates for lesbian, gay, bisexual, transgender and queer rights. That tally includes a recent flurry of bills that affect transgender people, including legislation recently passed by Republican governors vying for the 2024 presidential nomination. In Florida, Gov. Ron DeSantis recently signed a bill into that bans gender-affirming medical care such as puberty blockers or hormone therapy for transgender youths. Earlier in the week, a federal judge temporarily blocked portions of a law that DeSantis signed shortly before announcing that he was running for president. In North Dakota, Gov. Doug Burgum last month signed a bill that prohibits public schools and government entities from requiring teachers and employees to refer to transgender people by the pronouns they use. Burgum, who like DeSantis has made culture issues a central part of his tenure as governor, joined the White House primary field. Josh Helfgott, an LGBTQ+ activist and social media influencer from New York City, said marking Pride Month at the White House felt like one of the most important moments of his life. But he said the tide of legislation added another layer to this year’s celebrations. “Pride this year is so important because we cannot be silent when faced with hate and bigotry,” Helfgott said “The other side is so loud, incredibly loud. ” Anjali Rimi of San Francisco attended the White House event with her mother, who recently immigrated from India. Rimi came to the United States more than 20 years ago because, she said, she was shunned by family and society as a transgender person. Times were tough in the United States, too, she said. She was pushed out of a job after she came out, was homeless for a time, and took asylum in Canada for about a decade before returning to the United States. “It’s a moment that we are going to cherish for a lifetime,” said Rimi, an activist in San Francisco’s LGBTQ+ community. "This is a joyful moment, but it’s also one that reminds us that we have so much work to do.” Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide AP News Digest 5:40 a.m. Trump pledges to endorse Mark Robinson for North Carolina governor US confirms China has had a spy base in Cuba since at least 2019
2023-06-11 21:17
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