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NEW YORK , Nov. 26, 2024 /PRNewswire/ -- Report with the AI impact on market trends - The global flexible industrial packaging market size is estimated to grow by USD 31.82 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 7.4% during the forecast period. Increase in demand for flexible industrial packaging from end-user industries is driving market growth, with a trend towards growing demand for biodegradable packaging alternative. However, volatility in raw material prices of flexible industrial packaging poses a challenge.Key market players include Aluflexpack AG, Amcor Plc, Anglo American plc, Berry Global Inc., Bulk Lift International LLC, Clifton Packaging Group Ltd., ePac Holdings LLC, Eskay Flexible Packaging Industries Pvt Ltd., Flexibles Industrial Packages Co., Global Pak Inc., Greif Inc., Industrial Packaging supply Inc., International Paper Co., Kiliper Corp., LC Packaging International BV, SAFEPACK Inc., Sealed Air Corp., SIG Group AG, Sonoco Products Co., and Surepak Ltd.. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF Key Market Trends Fueling Growth The Flexible Packaging Market is experiencing significant growth due to shifting industry preferences towards sustainable solutions. Vendors are expanding their product portfolios with eco-friendly pouches, bags, sachets, and roll stocks, incorporating properties like metal, plastic, and paper. The personal care and pharmaceutical sectors are key drivers, demanding cost-effective and strategic activities such as mergers and acquisitions. Modern FIBCs are manufactured using environmentally friendly woven PP fabric, reflecting this trend towards sustainable industrial packaging. Insights on how AI is driving innovation, efficiency, and market growth- Request Sample! Market Challenges The Flexible Packaging Market has experienced significant growth due to increasing industrialization and construction activities in emerging economies. This trend is driven by rising demand for construction, chemical, and food and beverage products. Flexible packaging solutions, including pouches, bags, sachets, and roll stocks, are crucial for efficient transportation and storage. In 2021, the global merchandise trade grew by 4%, boosting the demand for cost-effective packaging in sectors like personal care and pharmaceuticals. Strategic activities, such as mergers and acquisitions, continue to shape the packaging industry, with players investing in metal, plastic, and paper packaging technologies. Insights into how AI is reshaping industries and driving growth- Download a Sample Report Segment Overview This flexible industrial packaging market report extensively covers market segmentation by 1.1 Pouches 1.2 Wraps 1.3 Rollstock 1.4 Bags 2.1 Chemical industry 2.2 Construction industry 2.3 Food and beverages industry 2.4 Pharmaceutical industry 2.5 Others 3.1 APAC 3.2 North America 3.3 Europe 3.4 South America 3.5 Middle East and Africa 1.1 Pouches- The Flexible Packaging Market experiences continuous growth, particularly in the segments of pouches, bags, sachets, and roll stocks. This market caters to various industries, including food, personal care, and pharmaceutical sectors. Pouches, available in stand-up, spouted, and eco-friendly versions, are popular due to their adaptability, convenience, and sustainability. Bags and sachets offer similar benefits, while roll stocks provide versatility. Metal, plastic, and paper materials are commonly used in this market. Strategic activities, such as mergers and acquisitions, shape the competitive landscape. In the food industry, pouches are used for snacks, coffee, and pet food, while pharmaceutical sector relies on pouches for drugs and medical devices. Cost-effective packaging solutions are a key focus in this market. Download complimentary Sample Report to gain insights into AI's impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 - 2022) Market Research Overview The Flexible Industrial Packaging Market encompasses a broad range of products designed for protecting and transporting various goods. These include agrochemicals, foods, pharmaceuticals, and other industrial materials. The market is driven by several factors, such as the need for lightweight, easy-to-handle packaging solutions, increasing consumer demand for convenient and sustainable packaging, and the growing trend towards automation and digitization in manufacturing processes. Moreover, the expansion of global trade and the rise of e-commerce have fueled the demand for flexible industrial packaging. The market is segmented based on materials, applications, and regions. Key materials used in this market are polyethylene, polypropylene, polyvinyl chloride, and biodegradable polymers. The major applications include food and beverages, healthcare and pharmaceuticals, agriculture, and industrial and specialty packaging. The market is expected to grow at a significant CAGR during the forecast period, driven by the increasing demand for sustainable and eco-friendly packaging solutions, the growing adoption of advanced technologies, and the expanding industrial sector in emerging economies. However, the market faces challenges such as the high cost of raw materials and the increasing competition from alternative packaging solutions. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation Type Pouches Wraps Rollstock Bags Application Chemical Industry Construction Industry Food And Beverages Industry Pharmaceutical Industry Others Geography APAC North America Europe South America Middle East And Africa 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/ SOURCE TechnavioRESTON, Va., Dec. 4, 2024 /PRNewswire/ -- The board of directors of General Dynamics (NYSE: GD) today declared a regular quarterly dividend of $1.42 per share on the company's common stock, payable February 7, 2025, to shareholders of record on January 17, 2025. The board also provided management with the authority to repurchase an additional 10 million shares of the company's issued and outstanding common stock on the open market. General Dynamics is a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; ship construction and repair; land combat vehicles, weapons systems and munitions; and technology products and services. General Dynamics employs more than 100,000 people across 65 countries worldwide and generated $42.3 billion in revenue in 2023. More information about General Dynamics is available at www.gd.com . View original content to download multimedia: https://www.prnewswire.com/news-releases/general-dynamics-board-declares-dividend-authorizes-additional-share-repurchases-302322940.html SOURCE General Dynamicsfortune gems 2 jili



Bitcoin, Ethereum, Dogecoin Drop Further: 'Black Friday Came Early,' Says Trader Touting 'Good Discounts' - BenzingaTopline Luigi Mangione—the 26-year-old suspect in the fatal shooting of UnitedHealthcare CEO Brian Thompson earlier this month—was indicted for first-degree murder and second-degree murder as an act of terrorism, Manhattan prosecutors said Tuesday at a press conference where they also confirmed police spoke to Mangione’s mother one day before his arrest. Key Facts Get Forbes Breaking News Text Alerts: We’re launching text message alerts so you'll always know the biggest stories shaping the day’s headlines. Text “Alerts” to (201) 335-0739 or sign up here . What We Know About Brian Thompson’s Murder Thompson, 50, was the CEO of the health insurance division of the $550 billion UnitedHealth Group and was in New York City for UnitedHealth Group’s investor meeting. He was shot from behind just before 7 a.m. on Dec. 4 outside of the New York Hilton Midtown—where the meeting was being held—and was hit in the back and right calf, after which the suspect fled the area on foot and on an electric bike. A Minnesota resident, Thompson had served as chief executive since April 2021 and had been with UnitedHealth Group since 2004. A video of the shooting showed the suspect walk out behind Thompson—who did not have a security detail—before firing multiple times. Prior to Mangione’s arrest, police said they believed the shooting was “a brazen targeted attack” and searched New York City before saying they believed the suspect had left the city on a bus. Thompson’s wife, Paulette Thompson, told NBC News “there had been some threats,” but didn’t provide details on what the threats were. Thompson had two sons, one who just graduated from high school and one still in high school. Police had been searching for the gunman by utilizing diving teams in Central Park, flying helicopters, searching through security cameras in the area, maintaining drones and using dogs. They released several photos of the suspected shooter since Wednesday. What Do We Know About Luigi Mangione? Mangione, a Maryland native, was last known to be living in Honolulu, has no prior arrest history in New York or elsewhere in the country, and he may have attended college in Pennsylvania, police said. Social media pages that appeared to be Mangione’s said he graduated from the University of Pennsylvania with bachelor's and master's degrees in computer and information science in 2020, after attending the Gilman School for high school. A LinkedIn page appearing to belong to Mangione describes internships at the Johns Hopkins Laboratory for Computational Sensing and Robotics and Firaxis Games before going on to work as an engineer for TrueCar, a car shopping website based in California, where he’d been employed for several years (the company told the Times he left TrueCar in 2023). The Times also reported Mangione worked as a counselor in the Stanford Pre-Collegiate Studies Program in 2019. How Was Luigi Mangione Caught? Tisch said Mangione was recognized in a McDonald’s in Altoona and was reported to local police, who then found he had “multiple fraudulent IDs,” a U.S. passport, a firearm and suppressor similar to what was used in the murder and a “handwritten document that speaks to both his motivation and mindset.” Officers reportedly asked Mangione if he was in New York recently, which resulted in him becoming quiet and shaking, according to a description of his arrest. A man named Larry who said he was a regular at the McDonald’s told Fox News his friend recognized Mangione and said he “looks like the shooter from New York,” but Larry thought he was kidding—“but then as it turned out, it was him.” Though his face was largely covered in most pictures law enforcement released, officials credited the images that were circulating of Mangione for him eventually being spotted and taken into custody. Pennsylvania State Police released a new photo Tuesday morning of Mangione eating what appears to be a McDonald’s hash brown with his mask down and wearing a beanie and dark coat. They are asking for help and information about Mangione’s “travel and recent whereabouts in Pennsylvania,” though Pennsylvania Gov. Josh Shapiro said authorities believe Mangione had been all over the state and officials had “already identified businesses, for example, that he frequented in this area and activities that he engaged in.” A hotel clerk in Altoona told ABC News that Mangione tried to get a room at the hotel—which is about a 17-minute walk from McDonald’s—the morning he was arrested, but the hotel didn’t have any clean rooms, so Mangione, who the clerk described as “cagey, just looking around, making sure he wasn't being watched,” was turned away. Was Luigi Mangione Reported Missing? Mangione’s mother, Kathleen Mangione, reported him missing to the San Francisco police in November. According to the San Francisco Standard, the missing person report was filed on Nov. 18 although it is unclear if Mangione was supposed to be present in the city when his mother filed the report. Although he was born and raised in Maryland, officials said Mangione had “ties to San Francisco” and most recently resided in Honolulu. Did San Francisco Police Tip Off New York Police About Mangione? Yes. Police said prior to his arrest that Mangione was not on any list, but the San Francisco Chronicle reported that city’s police recognized Mangione—who they were investigating as a missing person—and gave the FBI his name on Dec. 5, one day after the shooting. NYPD Chief of Detectives Joseph Kenny confirmed in a press conference announcing Mangione’s indictment on Dec. 17 that the SFPD had told New York officials Mangione resembled the suspect, and Kenny said the NYPD reached out to Mangione’s mother to vet the tip on Dec. 7. When contacted by them, Kathleen Mangione “didn’t indicate that it was her son in the photograph,” but said, “it might be something she could see him doing,” according to Kenny. What Has Luigi Mangione Been Charged With? In New York, he faces one count of first-degree murder in furtherance of an act of terrorism, two counts of second-degree murder (due to alleged terrorism and intentionality), seven weapons possession-related charges and one charge of possessing a forged instrument due to an alleged fake ID. Mangione was also initially charged in Pennsylvania with forgery, carrying firearms without a license, tampering with records or identification, possessing instruments of a crime and providing false identification to law enforcement. He was ordered in his arraignment on Dec. 9 night to be held without bail, and has been placed in a single cell at the “maximum custody level,” Maria Bivens, press secretary for the Pennsylvania Department of Corrections, told CNN . When Will Luigi Mangione Appear In Court Next? A preliminary hearing in Pennsylvania is scheduled for Dec. 19 at 8:30 a.m., and Blair County District Attorney Peter Weeks said immediately after that hearing the Blair County Court of Common Pleas will preside over Mangione’s extradition proceeding to New York. Weeks said on Dec. 17 they have comment “regarding what may occur at these appearances or whether evidence may be presented during the hearings as those are decisions that rest exclusively with Mr. Mangione and the rights afforded to him.” What Do We Know About Mangione’s Prison Conditions? NewsNation conducted an interview outside of the Pennsylvania prison Mangione is being held in on Dec. 11 with inmates who were watching the show on television and yelling answers out to a field reporter. Inmates can be heard yelling “Luigi’s conditions suck!” and “free Luigi!” in the interview. CBS News reported Mangione is being held in a single cell, but is not in solitary confinement. A prison official told CBS Mangione does not get to interact with other inmates, but he has not been violent and is not on suicide watch. What Has Luigi Mangione’s Lawyer Said About The Case? Thomas Dickey told reporters he had been hired to represent Mangione in this case but refused to disclose if Mangione’s family was paying to retain his services. In an interview with CNN’s Kaitlan Collins, he said he had not seen any evidence that the police have arrested the right guy in this case, adding that the New York officials requesting Mangione’s extradition will have to convince him. Dickey also disclosed that several people had emailed his staff offering to foot Mangione’s legal bills, but said while his “client appreciates the support that he has,” he “probably wouldn’t” accept the offers. In a CNN interview on Dec. 11, Dickey questioned the evidence police had against Mangione—specifically the ballistics and fingerprint evidence—saying those two forms of evidence have “come under some criticism in the past, relative to their credibility, their truthfulness, their accuracy.” What’s Known About Luigi Mangione's Alleged Ghost Gun? A description of Mangione’s arrest notes officers found a 3D-printed pistol and 3D-printed silencer in his backpack. The pistol was loaded with a Glock magazine containing six nine-millimeter full metal jacket rounds. A loose nine-millimeter hollow point round was also found in the backpack. Authorities have said the gun and silencer are consistent with the firearm used in the shooting of Thompson. Have Police Named A Motive? Police have not named a formal motive in the killing of Thompson—but have suggested Mangione had issues with the insurance industry. Officers found three 9mm rounds at the scene and bullet casings had the words “deny,” “defend” and “depose” on them, which echo a phrase commonly used to criticize tactics insurance companies use to reject claims. At a Dec. 9 press conference, Kenny said a three-page handwritten manifesto found on Mangione when he was arrested is in the possession of Altoona police, but “it does seem that he has some ill will toward corporate America.” Kenny also said there were no other “specific threats” to people in the document. Citing an unnamed law enforcement official, the Associated Press reported that in the document mentioned Mangione admitted to working alone, stating: “To the Feds, I’ll keep this short, because I do respect what you do for our country. To save you a lengthy investigation, I state plainly that I wasn’t working with anyone.” The note added, “I do apologize for any strife or traumas but it had to be done. Frankly, these parasites simply had it coming.” What Has The Response To Luigi Mangione Been Online? There has been a flood of people supporting Mangione on social media platforms, with some offering to pay his bills and a number of GoFundMe campaigns popping up to offer financial support (though GoFundMe told Fox Business the fundraisers violated policy, were removed and donors were reimbursed). Some social media users have commented on his physical appearance and called him a hero , and accounts providing updates on Mangione have popped up on sites like X, formerly known as Twitter. On Dec. 10, The Cut reported “Mangione merch is everywhere” and The Washington Post reported merchandise with the words reportedly found on the bullet casings found at the scene was being sold on sites like Amazon and Etsy, though much of it was later removed. An assistant professor at Mangione’s alma mater received backlash after calling Mangione the “icon we all need and deserve” on Instagram and saying in a TikTok she had “never been prouder to be a professor” at the University of Pennsylvania, USA Today reported . The professor, Julia Alekseyeva, later apologized , but at least one lawmaker has called on the university to fire her, Fox News reported on Dec. 12. One expert in social media told The New York Times the response supporting Mangione was “organic” as “people are legitimately actually pissed off at the health care industry, and there is some kind of support for vigilante justice.” On Dec. 11, the NYPD’s deputy commissioner for intelligence and counterterrorism Rebecca Weiner said the impact of the situation is “similar to that of a domestic terror attack,” adding: “That is already being reflected in this torrent of online vitriol that we’ve been in the midst of since last Wednesday and the lionization of the alleged perpetrator of the murder as a hero.” What We Know About An Online Fundraiser For Mangione's Legal Defense An online fundraiser on GiveSendGo to cover Mangione’s legal defense costs has raised more than $140,000 as of early Dec. 17. The fundraiser and accompanying messages further highlight the support the alleged shooter has gained online. Several donations on GiveSendGo have been accompanied by messages from people expressing anger about the U.S. healthcare system and health insurers. One message from an anonymous donor who gave $100 read: “Luigi has shone a light on an important social issue. Healthcare insurers have been killing people for years with their policies. Why aren’t they charged with murder?” The group raising the funds identifies itself as the “December 4th Legal Committee” and it doesn’t appear to have any affiliation with Mangione. In a Dec. 11 update, the fundraising group said it had written to Mangione informing him about the money raised for his legal defense and added if he doesn’t want the funds, they will be put “toward the defense of other political prisoners.” What Do We Know About Luigi Mangione’s Life At Penn? Mangione graduated from the University of Pennsylvania in 2020 with bachelor's and master's degrees in computer and information science, according to social media accounts appearing to belong to him and the university’s alumni database. The Daily Pennsylvanian—Penn’s student newspaper— reported that Mangione founded the school’s Game Research and Development Environment club and that he was inducted into the Eta Kappa Nu honor society for excellence in electrical and computer engineering before graduating in 2020. A post on an Instagram account seeming to belong to him as well shows him affiliated with the fraternity Phi Kappa Psi. What Do We Know About Luigi Mangione’s Time At The Gilman School? Mangione attended the prestigious, all-boys K-12 Gilman School in Baltimore, Maryland, and graduated in 2016 as the valedictorian. The New York Times reported his valedictorian speech described his class as “coming up with new ideas and challenging the world around it.” Mangione reportedly wrestled and played soccer while he was a student there and was captain of the school’s robotics team. A number of Mangione’s former classmates from the Gilman School told CBS News he was a “nice” kid, and one former classmate told The New York Times Mangione was “a big believer in the power of technology to change the world.” The Gilman School lists its tuition for 2024-25 high school students as $37,690 and describes its mission as working to “unlock the greatness within each boy by educating the entire boy — mind, body, and spirit.” What Do We Know About Luigi Mangione’s Time In Hawaii? In Honolulu, where police said Mangione’s last known address was, he was a member of a co-working space called Hub Coworking Hawaii, the Honolulu Star-Advertiser reported . Mangione would reportedly come and work at the location with his roommates from a nearby co-living space called Surfbreak. On its website, Surfbreak describes itself as a “co-living and co-working community for digital nomads and remote workers.” Surfbreak founder and CEO R.J. Martin expressed shock about Mangione’s arrest and told the Honolulu Civil Beat , “I loved this guy...In some ways I feel like my members are my kids.” According to the report, other residents of the co-living space described Mangione as a “natural leader” and said he helped found a book club in the community. Martin and another resident told the outlet that they had suggested the book club should read “Industrial Society and Its Future”—a book written by Unabomber Ted Kaczynski —as “a joke.” What Did Mangione Say About The Unabomber’s Book? A Goodreads account seeming to belong to Mangione gave the book a four-star review in January. The review written by the account—which was made private on Monday—said “It's easy to quickly and thoughtless write this off as the manifesto of a lunatic, in order to avoid facing some of the uncomfortable problems it identifies. But it's simply impossible to ignore how prescient many of his predictions about modern society turned out.” The review also quoted another person’s take about how “violence is necessary to survive.” The New York Times reported Tuesday that Mangione told a writer in England, Gurwinder Bhogal, he disapproved of the Unabomber’s actions, but Bhogal said Mangione “was fascinated by [the Unabomber’s] ideology, and shared his concerns about rampant consumerism gradually eroding our agency and alienating us from ourselves.” Are Mangione’s Social Media Accounts Still Up? Shortly after his arrest, Facebook, Instagram, YouTube, X and Goodreads accounts that may have belonged to him were discovered. He also appeared to be active on Reddit, writing about back pain issues, Forbes reported . Nearly all social media accounts with reported ties to Mangione had been switched to private or taken down by platforms—with one notable exception. Mangione’s account on X was briefly taken down the evening of Dec. 9, but X owner Elon Musk said it was done “without his knowledge” and he was looking into it. Shortly after, the account was reinstated. Mangione’s X account—which has a cover photo featuring an apparent spinal injury—had more than 459,000 followers as of Dec. 17 and was given a blue checkmark on Dec. 10. Did Luigi Mangione Have A Youtube Account? A YouTube account with Mangione’s name posted a video on Dec. 9 that said “If you see this, I’m already under arrest” and had a countdown that ended by hinting at more information or videos to be released Dec. 11. But, YouTube confirmed to Forbes the page was not associated with Mangione, saying “the channel’s metadata was updated following widespread reporting of Luigi Mangione’s arrest, including updates made to the channel name and handle.” YouTube added it terminated three other accounts that were linked to Mangione, but said they hadn’t been active in more than seven months. What Do We Know About Mangione’s Health Issues? Mangione’s friends in Hawaii told various news outlets that he was suffering from a serious back problem that caused him significant pain. Mangione left Hawaii to get back surgery last year and then returned to Honolulu to rent an apartment. Surfbreak’s Martin told The New York Times that Mangione said his spine was misaligned and “said his lower vertebrae were almost like a half-inch off, and I think it pinched a nerve.” Martin added that Mangione had confided to him about not being able to date people because of his back problem as “being physically intimate with his back condition wasn’t possible.” Martin told the Times he texted Mangione after his surgery asking how it had gone and got the response “long story” without further details. Although the two had promised to catch up over the phone later, Mangione eventually went “ radio silent. ” An account on Reddit that is believed to have belonged to Mangione was active in the subreddit “r/spondylolisthesis,” where people discussed the condition in which vertebrae in the spine slip out of place. “When my spondy went bad on me last year (23M) it was completely devastating as a young athletic person,” the alleged Mangione account wrote, Forbes reported. On Dec. 12, Kenny also told NBC New York it seems Mangione’s “life-changing, life-altering injury ... may have put him on this path,” the station reported. Was Luigi Mangione Insured By Unitedhealthcare? The company says no. UnitedHealth Group, the parent company of UnitedHealthcare, told multiple outlets there is no record of Mangione ever being insured by the company. Kenny told NBC News in New York on Dec. 12 that authorities “have no indication that he was ever a client of UnitedHealthcare,” but he did mention it is one of the largest corporations in America and that could be a possible reason for him to target Thompson and UnitedHealthcare. What Is Known About The Mangione Family? The Baltimore Banner reported Mangione comes “from a prominent Baltimore family.” According to the Banner, his grandfather was a self-made real estate developer who owned country clubs, nursing homes and a radio station, and that his grandmother was “a supporter of the Greater Baltimore Medical Center” and the Baltimore Opera Company. The Mangione family has owned Hayfields Country Club in Hunt Valley, Maryland—northwest of the city of Baltimore—since 1986, according to the Banner. Who Is Nino Mangione? Luigi Mangione is related to Nino Mangione , a Republican representative in the Maryland House of Delegates, The Baltimore Sun reported on Dec. 9. The Sun reported the two are cousins who are friends on social media. A statement issued on his social media accounts on behalf of the Mangione family said they could not comment on the news reports. “We only know what we have read in the media,” the statement read, continuing: “Our family is shocked and devastated by Luigi’s arrest. We offer our prayers to the family of Brian Thompson and we ask people to pray for all involved.” Further ReadingRich countries' promise of $300 billion a year in climate finance brought fury at talks in Baku from poor nations that found it too paltry, but it also shows a shift in global political realities. The two-week marathon COP29 climate conference opened days after the decisive victory in the US presidential election of Donald Trump, a sceptic both of climate change and foreign aid. In the new year, Germany, Canada and Australia all hold elections in which conservatives less supportive of green policies stand chances of victory. Britain is an exception, with the new Labour government putting climate high back on the agenda, but in much of the West, concerns about inflation and budgetary shocks from Russia's invasion of Ukraine have dented enthusiasm for aggressive climate measures. At COP29, Germany and the European Union maintained their roles championing climate but also advocated a noticeably practical approach on how much money historical polluters should give poorer countries. "We live in a time of truly challenging geopolitics, and we should simply not have the illusion" otherwise, European climate commissioner Wopke Hoekstra told bleary-eyed delegates at COP29's pre-dawn closing session Sunday, as activists in the back loudly coughed to drown him out. But he vowed leadership by Europe, hailing COP29 as "the start of a new era for climate finance". German Foreign Minister Annalena Baerbock, a Green party member and longtime climate advocate, called for flexibility on ways to provide funding. Europe should "live up to its responsibilities, but in a way that it doesn't make promises it can't keep", she said. Avinash Persaud, special advisor on climate change to the president of the Inter-American Development Bank, called the final deal "the boundary between what is politically achievable today in developed countries and what would make a difference in developing countries". Activists say that climate funding is a duty, not choice, for wealthy nations whose decades of greenhouse gas emissions most contributed to the crisis that most hits the poorest. This year is again set to be the hottest on record on the planet. Just since COP29, deadly storms have battered the Philippines and Honduras, and Ecuador declared a national emergency due to drought and forest fires. - 'Creative accounting'? - Wealthy historic emitters' promise of $300 billion a year by 2035 is a step up from an expiring commitment of $100 billion annually, but all sides acknowledge it is not enough. The COP29 agreement cites the need for $1.3 trillion per year, meaning a whopping $1 trillion a year needs to come from elsewhere. Even within the $300 billion commitment, some activists see too much wiggle room. "It is, to some extent, almost an empty promise," said Mariana Paoli, the global advocacy lead at London-based development group Christian Aid. She described the target as "creative accounting", saying there was not enough clarity on how much money would come from public funds and in grants rather than loans. She acknowledged the politics of the moment but said that wealthy nations had options such as taxation on fossil fuel companies. "There is a backlash because there is no political will," she said. - Role for multinational banks - In one closely scrutinised part of the Baku deal, countries will be able to count climate finance through international financial institutions toward the $300 billion goal. The text states that it is "voluntary" -- potentially opening the way to include China, which is the world's largest emitter but refuses to have requirements like long-developed countries. In a joint statement at COP29, multilateral development banks led by the Washington-based World Bank Group but also including the Beijing-based Asian Infrastructure Investment Bank -- which has long faced US criticism -- expected that they together can provide $120 billion annually in climate financing and mobilise another $65 billion from the private sector by 2030. Melanie Robinson, director of the global climate program at the World Resources Institute, said there were good reasons to rely on multinational development banks, including how much capital they can leverage and their tools to advance green policies. "They are the most effective way to turn each dollar of finance into impact on the ground," she said. She agreed that the $300 billion was insufficient but added, "It's a down payment on what we need." Beyond the debate on dollar figures, she pointed to an initiative within the G20 by Brazil, which holds COP30 next year, to reform financial institutions so as to incorporate debtor nations as well as climate concerns. "There is really a much bigger opportunity for us -- which is shifting the whole financial system," she said. sct/giv

Games to snuggle up with this holiday seasonBiggie from Baddies West is an American reality star, model, social media influencer, and events host/planner. Since she entered the show's third season, her fame has steadily increased, sparking interest in people to know about her. TABLE OF CONTENTS Profile summary Who is Biggie from Baddies West? What is Biggie from Baddies' real name? Where is Biggie from Baddies from? What is Damerlin Baez's ethnicity? How old is Biggie from Baddies? When is Biggie Baddies' zodiac sign? Educational background Career history What is Biggie Baddies’ net worth? Who is Biggie from Baddies West dating? Is Biggie from Baddies West trans? Facts about Biggie from Baddies West Since Biggie from Baddies West ventured into the entertainment industry, she has gradually diversified her career into modelling, endorsing brands, and planning and hosting events. She has appeared alongside celebrities like Stunna Girl, Lo London, Tommie Lee, and others on the Baddies reality show. Read more about Biggie's background and career. Profile summary Read also Shemane Deziel Nugent's biography: Meet Ted Nugent's wife She is an American model , reality TV personality, and social media influencer. Biggie is best known for appearing in the third season of Baddies West reality show. Her real name is Damerlin Baez. The American reality television personality lives in Providence, Rhode Island, United States, where she was born and raised. She is an American national of mixed heritage. Damerlin Baez's parents are from Santo Domingo, Dominican Republic, and she is proud of her Dominican heritage. Baez does not speak English but is fluent in Dominican and Spanish. She also wears a Dominican Republic-themed ring and often uses the Dominican Republic's hashtag on her Instagram posts to represent her ancestral origin. Read also Jelly Bean Brains' biography: real name, age, height, Instagram and career The American reality star is 28 years old as of 2024. She was born on 12 September 1996, making her zodiac sign a Virgo. She completed her high school education at Hope High School and later graduated from Community College of Rhode Island (CCRI). Biggie from the Baddies West reality show is passionate about fashion and modelling. She often shares pictures of her wearing trendy outfits on her Instagram page. As a rising social media influencer , Biggie has a growing fanbase on Instagram. Her IG page has approximately 1.2 million followers as of November 2024. Baez uses her Instagram account, @pvd_biggie , to post lifestyle pictures and endorse brands like FashionNova, Victoria's Jewelry, Bellazon Hair, and Backpack Boyz. She previously worked as a security guard at a club named Lit Lounge in Providence. Biggie gained immense popularity when she was announced as one of the participants in the Baddies West reality show. Read also Maddox Batson's age, height, education, is he dating anyone? She was among the eleven ladies featured in the series' third season. The TV program showcases the talents of women who consider themselves baddies. The ladies perform and host entertainment events in various cities on the West Coast of the US. PVD Biggie brought chaos, humour, and viral moments – ultimately making it to the finale. She made such an impression that she returned as a judge for Season 4’s casting special. Baez was featured in the fourth season, Baddies East, alongside celebrities Sukihana, Chrisean Rock , Natalie Nunn, and Scarface . Biggie from Baddies West reportedly has a net worth of $200,000. Her primary sources of income are modelling, acting on reality shows, and doing brand endorsements. Who is Biggie from Baddies West dating? Read also Luke Tennie's age, height, parent, wife, movies and TV shows The social media influencer is presumed single at the moment. She has not disclosed being in a relationship with anyone since losing her boyfriend, Dante, in May 2024. On 27 May 2024, Baez shared on Instagram pictures of her and Dante with a caption: DANTE MY HEART TODAY WE PUT YOU TO REST 😔 THE LOVE OF MY LIFE 🙏🏾 REST IN POWER KING 👑 WE MET when we was 13 Years old have been unstoppable EVER SINCE YALL WOULD NEVER KNOW OUR STORY BECAUSE WE'LL NEVER TELL YOU Bonnie and CLYDE REAL LIFE LOCKED 🔒 IN!!️ I KNOW YOU'LL BE HERE WITH ME EVERY STEP OF THE WAY THIS YEAR WAS OUR YEAR IDK WHAT DROVE US TO THIS DAY I WILL FOREVER LIVE ON YA NAME KING I LOVE YOU FOREVER DANTE 💫❤️🙏🏾 The reality star is neither male nor transgender. Many assume Biggie from Baddies West's gender is male or trans because of her big voice and masculine appearance. Read also Who is Erica Pinkett? Age, husband, daughter and latest updates Many were delighted to see images of Damerlin Daez as a kid when Zeus Network shared childhood photos of Baddies East cast members. Zeus Network challenged fans to match each cast member with her childhood image. Some fans found it difficult to identify Biggie , but they eventually did. Facts about Biggie from Baddies West Baez has taken the American reality TV world by storm. She was featured on the third and fourth seasons of the Baddies reality show, titled Baddies West and Baddies East, respectively. She identifies as a biological woman. Biggie also identifies as a Latina woman and is proud of her Dominican cultural background. She stays reasonably private about her family to love life. Biggie from Baddies West boasts a significant following on social media, particularly on Instagram, where she shares her fashion and modelling pictures. The American influencer gained fame after appearing on the Baddies West reality TV show on Zeus Network. Read also Rella Gz’s age, real name, ethnicity, nationality, boyfriend Legit.ng published Gabi Elnicki’s biography . She is a rising American television personality and model who is a senior account executive at Calculated Hire in Houston, Texas, USA. Gabi achieved public recognition for her appearance in the popular ABC dating show, The Bachelor season 27, which premiered on 23 January 2023. Source: Legit.ng

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