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Top recognition awarded to 11 stroke researchers for science, brain health contributions
Embargoed until Tuesday, Feb. 3, 2026, 10 a.m. CT/11 a.m. ET NEW ORLEANS, Feb. 3, 2026 – Eleven top scientists in stroke and brain health will be recognized for their individual exceptional professional achievements and contributions to stroke and...
Top recognition awarded to 11 stroke researchers for science, brain health contributions
Embargoed until Tuesday, Feb. 3, 2026, 10 a.m. CT/11 a.m. ET NEW ORLEANS, Feb. 3, 2026 – Eleven top scientists in stroke and brain health will be recognized for their individual exceptional professional achievements and contributions to stroke and...
Exclusive | Ariel Investments Raises $250 Million for Women’s Sports Fund
The Chicago asset manager has closed one of the largest funds ever dedicated exclusively to women’s sports and plans to acquire stakes in teams and leagues in the U.S. and Europe.
Patriots' star 'excited' for new Commanders OC David Blough
Christian Gonzalez is preparing for the Super Bowl, while his brother-in-law just landed a big promotion.
India’s Neo Group Hires Veteran Banker To Boost Wealth Business
India’s Neo Group Ltd. hired senior banker Tajinderr Pal Singh Bhatia as a founding member and president of its wealth business, said people familiar with the matter, as demand for private bankers heats up in the the country’s fast-growing wealth management industry.
Eliot Wolf reflects on Patriots’ unlikely Super Bowl rise
Eliot Wolf reflected on this season when speaking exclusively with Patriots Wire at Super Bowl LX opening night.
Oscar Winner Guneet Monga Kapoor’s Sikhya Entertainment Sells Stake to Reliance’s Jio Studios (EXCLUSIVE)
Jio Studios takes 50.1% stake in Sikhya Entertainment, the Oscar-winning Indian production house co-founded by Gunet Monga Kapoor and Achin Jain.
State’s biggest business groups sound off on how to make Massachusetts more competitive
"Affordability” seems to be the big watchword among the state’s business groups, and the annual meeting of the Massachusetts Health & Hospital Association was no exception.
Offseason open thread: February 2
Busy day, huh? The week’s off to an exciting start so far, what with the news about the future of the Braves on TV/streaming, the Braves having their annual Truck Day and our minor league crew getting their preseason prospect rankings underway. Which one was the most exciting part for you so far? The floor […]
Xcode 26.3 unlocks the power of agentic coding
Xcode 26.3 introduces support for agentic coding, a new way in Xcode for developers to build apps, powered by coding agents from Anthropic and OpenAI.
A record breaking gravitational wave is helping test Einstein’s theory of general relativity
A newly detected gravitational wave, GW250114, is giving scientists their clearest look yet at a black hole collision—and a powerful way to test Einstein’s theory of gravity. Its clarity allowed scientists to measure multiple “tones” from the collision, all matching Einstein’s predictions. That confirmation is exciting—but so is the possibility that future signals won’t behave so neatly. Any deviation could point to new physics beyond our current understanding of gravity.
25,000+ Votes Fuel Dallas Entertainment Awards Week as City’s Creative Scene Takes Center Stage
Experience the excitement of the Dallas Entertainment Awards Week kickoff event. Join the celebration of North Texas' vibrant creative community.
‘Mystery Science Theater 3000’: Rifftrax, Shout! Studios Team for New Episodes of Cult Classic Series (EXCLUSIVE)
RiffTrax and Shout! Studios have teamed to produce four new episodes of Mystery Science Theater 3000 with Mike Nelson, Bill Corbett and Kevin Murphy
Two GCPS Students named Regeneron Science Scholars
Two Gwinnett County Public Schools (GCPS) students have been named 2026 Regeneron Science Talent Search Scholars.
Linden Entertainment Taps Jenna Jackson as Brand Ventures Executive (Exclusive)
Jackson will seek out new opportunities for the firm and its clients as well as assist preexisting labels like Once Upon a Farm from Jennifer Garner and YSE Beauty from Molly Sims.
Can Peter Mandelson be stripped of his peerage over Epstein links?
Keir Starmer wants the Labour peer removed from the House of Lords but such a move is exceptionally complex
Downtown Springfield business moving to exclusively online sales
Clothing retailer 5 Pound Apparel announced it will close its downtown Springfield storefront by the end of February.
PLAC Announces Entertainment Line Up
(Okoboji)– The Pearson Lakes Art Center has released their 2026 season lineup. Bob Kirschbaum, Executive Director of the Pearson Lakes Art Center, says they are looking forward to the upcoming season… “We are really excited again about a fabulous summer coming up. Last summer we sold out every show and can’t believe we won’t do […]
Exclusive: Anthropic partners with Allen Institute and Howard Hughes Medical Institute
Rather than chase the next AlphaFold-like breakthrough, Anthropic thinks AI agents can speed up the routine work of science
Vanderbilt Health acquires Tennova’s Clarksville hospital and related physician clinics from Community Health Systems
Leaders with Vanderbilt Health announced today completion of the acquisition of Tennova Healthcare-Clarksville Hospital and freestanding emergency room Tennova ER-Sango, along with the hospital’s related businesses, including physician clinics and outpatient services, from Community Health Systems Inc. (CHS). Vanderbilt Health has held a 20% minority interest in these operations since 2021. Under Vanderbilt Health’s ownership, the 270-bed hospital will be named Vanderbilt Clarksville Hospital (VCH) while the freestanding Sango ER will be named Vanderbilt Emergency Sango. Also joining the Vanderbilt Health system through the acquisition are physician practice locations in Clarksville, Dover, Pleasant View and Tiny Town offering, depending on location, orthopaedics, primary care, wound care, digestive health, urology and surgical services. Acquisition of the hospital and its related physician practices expands Vanderbilt Health’s ability to serve patients across the region, supporting its ability to provide high-quality care in more convenient, community settings that are also more cost-effective. “We are thrilled to welcome Vanderbilt Clarksville Hospital into our health system. Providing exceptional care close to home is invaluable, and we are eager to serve the citizens of Clarksville and Montgomery County by expanding the hospital’s programs and services,” said Jeff Balser, MD, PhD, President and CEO of Vanderbilt Health and Dean of Vanderbilt University School of Medicine. This acquisition marks Vanderbilt Health’s fourth regional hospital expansion, further strengthening its presence across Middle Tennessee beyond its already extensive inpatient and ambulatory services in Nashville. VCH joins Vanderbilt Health’s network of regional medical centers that now include Vanderbilt Wilson County Hospital in Lebanon, Vanderbilt Tullahoma-Harton Hospital in Coffee County, and Vanderbilt Bedford Hospital in Shelbyville. With a strong record of growth and investment in people, programs and services for its regional hospitals, residents of Clarksville, Montgomery County and the surrounding region can expect that Vanderbilt Health will bring a host of adult and pediatric services to the area. Initial plans for VCH over the upcoming year include increased staffing for the hospital’s emergency services, including the addition of pediatric emergency medicine specialists with Monroe Carell Jr. Children’s Hospital at Vanderbilt, along with increased surgical specialty offerings. Longer term, physicians and staff will be recruited to bring a broader array of adult and pediatric specialty services to the community. “I am delighted to welcome the physicians, nurses and staff of Vanderbilt Clarksville Hospital into the Vanderbilt Health family and look forward to working closely with the hospital’s medical staff and members of the local health care community to ensure we excel at meeting their needs as caregivers as we pursue the goal of improving the health and wellbeing of the patients we serve,” said Jane Freedman, MD, Deputy Chief Executive Officer and Chief Health System Officer for Vanderbilt Health. Currently, VCH employs approximately 1,100 staff and more than 30 physicians. Through this acquisition Vanderbilt Health has committed to hire substantially all current employees who are in good standing. Services already established by Vanderbilt Health at VCH include an OB-GYN hospitalist program, an array of oncology services provided by a multidisciplinary team with Vanderbilt-Ingram Cancer Center, and neonatal care in the hospital’s Level II Neonatal Intensive Care Unit provided by specialists with Monroe Carell. VCH has been designated as an Accredited Chest Pain Center and a Wound Care Center of Distinction and has earned the Gold Seal of Approval from The Joint Commission. More information about Vanderbilt Clarksville Hospital is available at: vanderbilthealth.com/hospital/vanderbilt-clarksville-hospital
Brand-New Hit PS5 Exclusive Game Already on Sale on PS Store
A brand-new, acclaimed PS5 console exclusive adventure game is on sale on the PS Store, offering players a limited-time launch discount.
Manatee Regional Science & Engineering Fair Results - Celebrating Student Innovation & Excellence
We were proud to recognize more than 100 outstanding middle and high school students from 13 Manate...
HHS exploring how to bolster medical imaging exchange across healthcare ecosystem
The Office of the National Coordinator for Health Information Technology recently released a call for public comment on the work of radiologists
MENALAC Awards 2026 to celebrate excellence across the MENA leisure, entertainment & attractions industry
DUBAI, U.A.E. — On 1 April 2026, the 8th MENALAC Awards Gala will bring together the region’s leisure, entertainment, and attractions industry for a landmark celebration of excellence. Taking place…
Expected rise in uninsured Ohioans could signal new stress for providers, poorer public health
Expiration of enhanced tax credits that helped hundreds of thousands of Ohioans afford health insurance has the health care industry bracing for new stress on already-challenged resources and a long-term decline in public health.
Hartford beats COVID business interruption claim over virus exclusion dispute
What happened when a policyholder demanded 22 different legal analyses for one policy dispute
Exclusive | Classified Whistleblower Complaint About Tulsi Gabbard Stalls Within Her Agency
Congress hasn’t seen the complaint, which was filed eight months ago with the U.S. intelligence community watchdog’s office.
Microsoft Steps Back from "AI Everywhere" in Windows 11 to Focus on Core Features
If you're tired of seeing Microsoft's AI features like Copilot, agentic workloads, and Recall forced into their products, you're not alone. Microsoft has finally confirmed that it will be stepping back from its "AI everywhere" strategy. According to an exclusive report by Windows Central, the intern...
US can’t isolate itself from the world of science
If things continue on the current trajectory, we will soon lack the ability to understand what the advances in science developed elsewhere mean and how we might exploit them.
Synspective CEO on Business Outlook
Motoyuki Arai, Founder and CEO of Tokyo-based space technology firm Synspective, discusses his company's business and growth outlook, and addresses the global demand for satellite technology. He speaks exclusively with Avril Hong on the sidelines of the Singapore Space Summit on "Bloomberg: The Asia Trade". (Source: Bloomberg)
New PS5 Exclusive Is the Highest-Rated Game of 2026
A new PS5 console exclusive game is the 2nd highest-rated of 2026, according to review scores on Metacritic.
Sunday Standings: Time to believe?
Over the summer, a respected voice like Elliotte Friedman really drove home a lot of feelings about the Pittsburgh Penguins in a podcast: “It’s really hard to make deals right now because there are 31 teams in the NHL attempting to get better….then there is Pittsburgh” Turns out the signings of players like Anthony Mantha, […]
Previewing Mountain West Softball: UNLV Rebels
Time to travel to Sin City to look at the UNLV Lady Rebels. Can the Rebels rebound after a disappointing 2025?
St. Peter’s Health Partners Medical Associates Welcomes Candice Stahl
St. Peter’s Health Partners Medical Associates is excited to welcome Candice Stahl, FNP-BC, to its newest practice, St. Peter’s Family Medicine in Latham.
LIVE! Watch UFC 325 Post-Fight Presser Here
With UFC 325 officially in the books after an exciting night (Sat., Jan. 31, 2026) of action LIVE on Paramount+ from inside Qudos Bank Arena in Sydney, Australia, fight fans can check out the post-fight press conference video above for all the best reaction and official bonus winners. Remember, there’s a new post-fight bonus system in place for 2026. […]
Cavaliers reportedly acquire Keon Ellis, Dennis Schroder from Kings in exchange for De'Andre Hunter
Ellis was reportedly the Cavs' main target and now they have him.
Offseason open thread: January 31
We’re officially one sleep away from entering into February, which means that spring training will be here before you know it. Excited yet? I know, it’s just spring training but that’s one step closer to the regular season so every little bit needs to be celebrated at this point, right? Anyways, I hope y’all are […]
IRS proposes using NAICS to determine lines of business for certain fringe benefit exclusions
The North American Industry Classification System, already in use for other tax purposes, replaces a specified manual that has not been updated since 1974.
Security Bite: X going open-source is bad news for anonymous alt accounts
9to5Mac Security Bite is exclusively brought to you by Mosyle, the only Apple Unified Platform. Making Apple devices work-ready and enterprise-safe is...
9 Broncos players have not re-signed with team
Nine players who ended the season on the Broncos' practice squad have not signed reserve/future contracts with the team.
Trump claims Minnesota fraud exceeds $19B, faults Biden administration
President Donald Trump renews attacks on Rep. Ilhan Omar and Gov. Tim Walz over the Minnesota fraud scandal linked to the Somali community.
American's confidence in Trump continues to slide, survey finds
The president's dip in popularity is coming almost exclusively from discontent among Republicans, where there is a noticeable decline in support
Ancient tools in China are forcing scientists to rethink early humans
Archaeologists in central China have uncovered evidence that early humans were far more inventive than long assumed. Excavations at the Xigou site reveal advanced stone tools, including the earliest known examples of tools fitted with handles in East Asia, dating back as far as 160,000 years. These discoveries show that ancient populations in the region carefully planned, crafted, and adapted their tools to meet changing environments.
New message from top Democrats: The U.S. Justice Department can't be trusted
Leading Democrats' remarks that the U.S. Department of Justice cannot be trusted hold stunning implications for American democracy, and followed a week of equally stunning actions by the department.
San Francisco businesses prepare for influx of customers in Super Bowl week
The excitement is building across the Bay Area as Super Bowl week gets ready to kickoff in a matter of days.
Lakers' Luka Dončić records triple-double in first half vs. Wizards with 23 points, 10 rebounds and 11 assists
Trump Is All over the Epstein Files. Except, Well, the DOJ Says It’s “Fake.”
So we’re just supposed to believe that millions of newly released documents are completely false?
These New Orleans businesses and restaurants are participating in national ICE Out protest
“We're excited about the possibility of not only bringing attention to what we don't want to happen in our communities, and then hopefully, you know, raise some good money to give voice and enable those who are defending people who are our neighbors,” the owner of Flour Moon said.
Theo Rossi, Mario Van Peebles & Derek Wilson Sink Teeth Into WeBros’ Vampire Island Thriller ‘Young Blood’
EXCLUSIVE: Theo Rossi, Mario Van Peebles and Derek Wilson are headlining the Ari Schlossberg directed and written vampire island feature Young Blood currently shooting in Key Largo, Florida. The trio join previously announced Myles Truitt, Madison Wolfe, Marley Aliah, Genneya Walton, Alex Aiono and Mitchell Hoog in the WeBros Entertainment production. Young Blood follows three college best friends who …
Essentia Health announces plans to develop family medicine clinic in downtown Moorhead
As Moorhead continues to grow, Essentia Health is excited to announce plans for a new family medicine clinic in downtown Moorhead.
Deadline Hollywood
'The Entertainment System Is Down' is a social satire set on a long-haul flight where the entertainment systems fail. Read more below.
Florida Affordable Care Act numbers fall as subsidies expire
Roughly 200,000 fewer Floridians enroll but health care advocates warn more will drop their insurance once higher premiums kick in.
Local Small Business Owner Opens Pak Mail Inside of His Existing Accounting Business in Springville, Alabama--Offering Shipping and Office Services
Annex Brands, Inc., one of the leading franchisors in the packing, shipping and office services industries, is excited to announce the opening of its newest Pak Mail location inside of Chapman Accounting Solutions in Springville, AL to new owner, Edward Chapman. This new Pak Mail is set to offer a wide range of essential shipping and office services to the local community, making it easier to provide more service to more people in more places.
Fantasy Bundesliga: Scout squads for Matchday 20
Bulinews' Fantasy Bundesliga writers have each put together a squad of 10 outfield players for the upcoming matchday.Managers have full freedom with formations, but squads can’t exceed 110M, can onl...
Yankees' Paul Goldschmidt free agent update is exciting news
New York is still trying to line something up.
Falcons hiring Ian Cunningham as GM: Matt Ryan tabs popular candidate to complete braintrust
The general manager role in Atlanta is like most other GM gigs across the league with one exception.
IDF officials shift stance, accept Gaza Health Ministry data on death toll
After two years of war, senior military officials for the first time aligned with an update from Gaza’s Hamas-run Health Ministry, saying they estimate about 70,000 Gazans have been killed, excluding the missing, while stressing that efforts to distinguish terrorists from civilians are ongoing
Raptors hope to continue road excellence at Magic
The Toronto Raptors put their four-game road winning streak on the line Friday night when they visit the Orlando Magic.
ROSÉ Is Hitting the Grammy Stage for the First Time
First-time Grammy nominee ROSÉ is set to take the stage at the 2026 Grammys, the event’s organizers announced today. This is a significant milestone in ROSÉ’s solo career. ROSÉ is… The post ROSÉ Is Hitting the Grammy Stage for the First Time appeared first on Where Is The Buzz | Breaking News, Entertainment, Exclusive Interviews & More.
Arts and Entertainment Agenda: Jan. 30-Feb. 5
DanceAspen’s ‘Re:imagine — A Sneak Peek with Emilie Leriche,’ Jan. 30 A free, exclusive preview and behind-the-scenes look at DanceAspen’s upcoming production, “Re:imagine — A Sneak Peek with Emilie Leriche,” will be presented from 5:30-6:30...
Pollution control equipment breakdown reported at Clairton Coke Works, health officials say
The elevated readings did not exceed any 1-hour or 24-hour air quality standards, ACHD says.
Chappell Roan, Charli xcx, Teyana Taylor Among 2026 Grammy Presenters
An additional surprise presenter will be revealed onstage during Sunday night’s ceremony.
Cubs TV voice Jon 'Boog' Sciambi tops sixth annual Chicago sports media power rankings
I ranked the market’s talent exclusively on TV, radio and podcasts based on appeal, quality, longevity and personal preference. Well over 100 people were considered, and the top 20 follow, with last year’s rank in parentheses.
Ruben Östlund Admits He Bought a Plane to Make ‘The Entertainment System Is Down,’ Cast Keanu Reeves as an Electrician and Says It’s About Today’s Society: ‘We’re Harming Ourselves and We Know It’
Ruben Östlund teases upcoming 'The Entertainment System Is Down' and the experiment that inspired it, says he bought a plane to shoot it.
Fans excited for Nintendo's upcoming Tomodachi Life: Living the Dream left completely baffled by "wacky" image sharing restrictions
Nintendo has implemented restrictions to how you can share images in Tomodachi Life: Living the Dream.
The Next Era of Sports and Entertainment Technology: Info-Tech Research Group Partners With SEAT to Advance Innovation and Digital Excellence Across Industry
Rapid advances in AI, analytics, and immersive technology are redefining fan experience and operational excellence across sports and entertainment...
The Next Era of Sports and Entertainment Technology: Info-Tech Research Group Partners With SEAT to Advance Innovation and Digital Excellence Across Industry
Info-Tech Research Group, a global leader in IT research and advisory, has announced a new partnership with SEAT, the Sports & Entertainment Alliance in Technology, to empower technology, marketing, and operations executives across the global sports and entertainment industry. The collaboration will bring Info-Tech's expertise to SEAT's influential community of North American entertainment venues, sports teams, and league leaders who are driving innovation in fan engagement, digital experience,
Exclusive: UK’s Schroders discussed private capital tie-ups in growth push, sources say
Schroders has held high-level talks about potential tie-ups to speed up the growth of its private capital business, three people familiar with the matter told Reuters, as the 222-year-old British asset manager seeks to gain scale.
Introducing Moltworker: a self-hosted personal AI agent, minus the minis
Moltworker is a middleware Worker and adapted scripts that allows running Moltbot (formerly Clawdbot) on Cloudflare's Sandbox SDK and our Developer Platform APIs. So you can self-host an AI personal assistant — without any new hardware.
Civic Science Media: Reimagining How We Communicate Science
A 2022 award winner of the National Academies’ Eric and Wendy Schmidt Awards for Excellence in Science Communications, J.D. Allen discusses his civic science media framework, his nuclear energy broadcast initiative, and how incorporating community engagement and solutions-focused journalism improves science storytelling.
CU Athletics Announces Partnership with Sports Business Ventures to Launch 1:1 Sports Executive Mentorship Program - University of Colorado Athletics
The Scripps Student-Athlete Leadership and Career Development program is excited to announce a new partnership with Sports Business Ventures (SBV) to launch ...
CU Athletics Announces Partnership with Sports Business Ventures to Launch 1:1 Sports Executive Mentorship Program - University of Colorado Athletics
The Scripps Student-Athlete Leadership and Career Development program is excited to announce a new partnership with Sports Business Ventures (SBV) to launch ...
Exclusive | Spring Health to Buy Alma in Merger of Mental-Health Startups
Venture-backed digital-health startups are using mergers and acquisitions to expand offerings as AI competition intensifies.
Fall Sports of XC, FB, VB, & Soccer Earn Academic All-Big 12 Honors
IRVING, Texas – The Big 12 Conference has announced its Fall Academic All-Big 12 honorees for the 2025 fall semester, released Thursday.
Exclusive: Honda signs Fabio Quartararo for 2027 MotoGP season
Quartararo’s switch from Yamaha to Honda marks the first major move of the 2027 MotoGP rider market
Science at risk: Massachusetts must lead the fight for facts
Rejecting evidence threatens lives and innovation. Massachusetts must defend the scientific method.
Open Gaming Collective (OGC) formed to push Linux gaming even further
An exciting new announcement is the formation of the Open Gaming Collective, a collaborative organisation between many names in the Linux sphere.
'Halide' Co-Founder Sebastiaan de With Joins Apple's Design Team
Sebastiaan de With, co-founder of the popular iPhone camera app Halide, today announced that he has joined the Human Interface Design team at Apple. "So excited to work with the very best team in the world on my favorite products," he said. This marks a return to Apple for de With, who previously worked on things such as iCloud, MobileMe, and the Find My app. He has also completed design work for other companies, such as Sony, Mozilla, Oracle, HP, and EA, in the past.
ASNC says PET is now the preferred nuclear imaging test for CAD
Which imaging modality is better for evaluating heart patients, PET or SPECT? After years of discussions and debates, the American Society of Nuclear Cardiology is now ready to point to PET as the No. 1 choice. “There are no clinical scenarios or patient subgroups where cardiac PET with myocardial blood flow should be excluded," the group wrote.
Dispatch Is Censored on Nintendo Switch Due to Platform 'Content Criteria', Developer Says
Dispatch, the superhero workplace comedy made by Telltale veterans at AdHoc Studio, is out now on Nintendo Switch. But a number of excited new and returning players aren't super happy about the release, as it turns out the game has been pretty aggressively censored on the system.
Sacramento Bee adds political reporting firepower at California Capitol
Ben Paviour will join The Bee next month as California Political Power Reporter, delivering exclusive storytelling on Statehouse politics.
Pixelmator Pro launches on iPad, here’s what the new app can do
Today Pixelmator Pro has launched on iPad for the first time, exclusive to Apple Creator Studio. Here’s what the app can do.
Disney Entertainment Television Unveils 2026 Directing & Writing Program Participants
EXCLUSIVE: Disney Entertainment Television has chosen its participants for the 2025-26 Directing and Writing Programs, talent development initiatives which connect emerging writers and directors with opportunities across DET’s scripted and unscripted television slate. “This year’s cohorts reflect the bold, original voices that will help shape the next era of television,” said Tim McNeal, senior vice …
Brillstein Entertainment Partners Signs Comedian, Actor & Writer Paul Chowdhry
Paul Chowdhry, the comedian, actor, and writer, has inked with Brillstein for global management in all areas, Deadline can report exclusively.
Justin Bieber Performance Locked In for Music’s Biggest Night at the 2026 Grammys
Justin Bieber has announced that he will be performing at the 2026 Grammy Awards, which will take place on Sunday, Feb. 1. Bieber is a two-time Grammy winner and also… The post Justin Bieber Performance Locked In for Music’s Biggest Night at the 2026 Grammys appeared first on Where Is The Buzz | Breaking News, Entertainment, Exclusive Interviews & More.
Black History Celebration to feature special concession offerings, in-arena entertainment
The Sabres will celebrate Black excellence in WNY during their game against the Kings on Jan. 29.
Exclusive: Bertelsmann launches $200M health tech fund
The fund launch reflects growing international investor interest in digital health.
Chia Pet Film and TV Rights Acquired by Rakia Media and Crystal City Entertainment: ‘We Can’t Wait for Audiences to Check Out the World of Chia in Theaters’ (EXCLUSIVE)
A Chia Pet movie or TV show could be on the horizon, as the media rights to the classic gift brand have been sold.
Review: AMD's Ryzen 7 9850X3D is a little faster and a lot more power-hungry
The tradeoffs for the $499 9850X3D make it hard to get excited about.
AMD Ryzen 7 9850X3D Review - The Best Just Got Better
The AMD Ryzen 9850X3D builds on the already excellent 9800X3D without trying to shake up the market. Instead, it focuses on refining what already works. AMD delivers modest improvements with smarter tuning, and the same cache magic that gamers love. Thanks to a reasonable price increase, this processor will be a no-brainer pick for future high-end gaming rigs.
Peter Murray Tapped as CEO of Professional Bowlers Association and Head of Media for Lucky Strike Entertainment (Exclusive)
Murray had been the founding CFO of the MMA promotion Professional Fighters League.
Exclusive: First look at Samsung’s 25W wireless charger, possibly for Galaxy S26
The Galaxy S26 Ultra supports up to 25W fast wireless charging, and we have the first images of its 25W wireless charger.
Exclusive: Climatic inhales $10M for respiratory wellness
Lerer Hippeau led the consumer health startup's seed round.
Investment and Statecraft: The International Politics of Sovereign Wealth Funds - Georgetown Journal of International Affairs
In 1953, Kuwait established the world’s first sovereign wealth fund to invest the country’s oil revenues and generate returns that would reduce its reliance on a single resource. Since then, over 100 separate funds have been created to preserve national wealth and ensure long-term fiscal sustainability. Today, they manage over $10 trillion in global assets. In this discussion with GJIA, political economist Kathryn Lavelle explains the increasingly novel dynamics that surround fund behavior and what the world can come to expect from their growing presence in international financial markets. GJIA: When it comes to the roles sovereign wealth funds (SWFs) play in global markets and politics, what would you say makes them unique? Kathryn Lavelle: Sovereign wealth funds (SWFs) operate on behalf of governments as investors. That in itself is a strange relationship. Within them, a core contest takes place between the state’s interests (or sovereign) part of the dynamic, and the money interests (or wealth) part of it, and these two aspects are frequently in contradiction, serving fundamentally different goals. SWFs are also quite fascinating because when you talk to the people who manage these funds, they have an interest in convincing you that the decisions are made almost exclusively on a financial basis—they really will go to great lengths to differentiate their government owners and those who make the management decisions. At the same time, these people ultimately answer to someone in power. Therefore, for most SWFs, it remains deeply unclear who is actually making the investment decisions and for what purposes. Of course, it is not always clear how other vehicles, such as hedge funds and private equity make the decisions they do, but I think what a lot of people find particularly disconcerting about SWFs is that they seem to act on behalf of people who have a different identity from their own. People who could be trying to manipulate politics and markets in a way that would have a long-term effect on their own populations. Regular investors come and go at will, and they only share an interest in profit as far as most of us understand. However, SWFs have that extra “sovereign” part right behind them that obscures their true interest. GJIA: These funds can be found in countries all across the globe, in both authoritarian states and democracies. Would you say SWFs differ in their goals and structures between regime-type? KL: It is not necessarily regime type that makes the goals and structures of SWFs different. It has to do with their economies. Let’s look at a country like China. There’s going to be a debate about exactly how to characterize the regime, but it is a country with many different kinds of sovereign wealth funds, and a particularly opaque state connection to each. At one time, some of the state-owned Chinese oil companies created specialized investment vehicles listed outside Chinese markets that excluded parts of the firms that were more associated with human rights violations. At the same time, the China Investment Corporation (CIC)—China’s largest SWF—draws a lot of concern, not necessarily because of its investment activities, but because of the dynamics of global politics. So, I wouldn’t really tie differences to regime types themselves in a wholesale way, but rather to how such funds are perceived and how they are structured. Saudi Arabia’s SWF is getting all kinds of attention for its involvement in Hollywood, and this takes me right back to when I was a student in the 1980s, when people were concerned about Japanese investment entities buying assets in Hollywood. They aren’t quite the same in financial terms, but it’s the same kind of concern about foreign investment that drives people to be suspicious, and the whole idea that “foreigners are influencing Hollywood.” This holds true across industries, and it reflects where politics are in places like the United States right now. One metric we can try to look at is transparency, where all the funds will tell you, “we are transparent.” The problem you’ll keep running into with this approach is how you value things. When trying to do comparative studies of equity markets, you’ll find that every country doesn’t use Generally Accepted Accounting Principles like we do in the United States. A fund may appear opaque politically and not want people to show what they’re invested in or what their intent with that investment is, but they could also just not be able to report it because of the way it was purchased, or the kinds of shares they purchased. There are some assets out there that really are difficult to put a monetary value on. GJIA: To what extent do domestic politics shape SWF behavior in both the investing “home” country and the recipient “host” country? KL: This depends on the type of fund present and also on the extent to which voters’ political views are able to influence the fund. For example, in a democratic home state like Norway, the SWF doesn’t invest in nuclear weapons or tobacco because of social concerns, but there is a continuing debate over whether it should invest in oil, even though that’s where most of the money comes from. The degree to which Norway will continue to make those investments, and whether they contradict the government’s overall climate goals, is an open question in Norwegian politics. Because of the way the fund’s governance is structured, it may not be easy to resolve. On the other hand, some people consider pension funds, like the State Teachers Retirement System (STRS) in Ohio, to be quasi-SWF. They have a very strict separation between the people who make up the management division and the fund owners. No teacher or professor would want to invest in things that may harm the future of their students. At the same time, a fund manager might see an opportunity in a diversified multinational corporation that offers a good return, despite it deriving part of its revenue from e-cigarettes. These contests are very apparent. Domestic politics can work in host countries too. A good example is Singapore’s SWF, Temasek, investing in Thailand’s telecommunications sector. If you study political economy, you already know that countries everywhere are uncomfortable with foreign ownership of their telecom sectors because a foreign entity could monitor or manipulate our communications with each other. In the case of Temasek, there was significant pushback from Thai citizens surrounding the deal, which went on to influence national political sentiment toward Singapore as a whole, underscoring the risks some SWFs may face with their investment choices. In this case, fund behavior led to the dissolution of the entire Thai government in 2006 and a subsequent coup d’état. GJIA: To address some of this unease, the Santiago Principles were established in 2009 to ostensibly promote trust and transparency. From your perspective, have these mechanisms actually changed fund behavior? KL: In international relations theory, we always like to have a clear set of norms and best practices—the orientation we want the proverbial ship to be going in. In that regard, the Santiago Principles at least got the discussion going about which direction SWFs should take at a time when people were very skittish about the growing size of these funds. Nobody wanted them to be out there and potentially destabilizing economies, so talks about disclosure, conditions for withdrawal, and the independence of managers were helpful when initiated. The biggest stumbling block was that there wasn’t exactly a good way to measure compliance with the Principles, let alone how to hold funds to them. If you read the Principles, they’re overall quite vague. In general, a fund doesn’t want to reveal how and why they make certain investment decisions because that information is proprietary—a fund makes money off of how and why it makes decisions—so how do you reconcile that with loosely-defined ideas of openness? Some decisions might have a political purpose. The bottom line is that trying to figure out and assign a score to compliance is not easy, and it is therefore the reason why the Santiago Principles never really got off the ground to the point where they could truly direct fund behavior. GJIA: Many emerging markets are looking to build their own SWFs from mineral and oil revenues. Historically, have funds shaped development trajectories in these countries? KL: I think the big story in international emerging markets investment is that the investment is increasingly no longer unidirectional. In the past multinational corporations of primarily Western background were the main form of foreign direct investment in a country. That has changed dramatically, to the point where you have companies from so-called “developing countries” taking over companies in the United States. Therefore, the landscape of international investment has changed, and I think SWFs are certainly a possibility to be the next step in the game. Historically, you didn’t need an entire financial vehicle to reinvest commodity revenues in your country, but as emerging markets get more financially sophisticated, their capacity to operate such funds has increased. SWFs would allow treasuries to move from relying on holding foreign exchange assets like cash or government bonds to having broader financial markets and targeted growth areas, while easing pressure on welfare expenditures. GJIA: With their increasing financial weight, do you see the presence of SWFs being a factor in the political choices leaders will have to make with regard to domestic and foreign policy? KL: It will depend on just how big the funds get. One of the reasons people are already apprehensive is because of their scale, and if certain SWFs in certain countries achieve a large-enough size, the presence will absolutely be cause for concern. The other factor political leaders will have to consider are their objectives. It’s not always clear how to define a SWF, or even where its activity is concentrated, but it is certainly a worry from the perspective of national security of opaque external investment. More than that, I think one of the most interesting questions going forward is whether the United States, the home to the world’s largest financial markets, will develop its own fund, for which the Trump administration announced a plan. There have also been several proposals in Congress. Were it to come into being, it would have tremendous weight. At the same time, one of the hallmarks of U.S. capitalism is a lack of government ownership of shares, so it would not be clear how such a fund would be received in domestic politics, or which direction it would take. Given how politically fragmented the country is, a Democratic administration would likely be concerned about different sectors of the economy, such as healthcare, and want investment there, rather than a Republican administration, which might prefer defense industries. No investment vehicle could thrive under conditions of such instability. Moreover, it remains unclear where the money to fund a theoretical U.S. SWF would come from. It would be a fundamentally different entity depending on whether it is financed with debt, economic surplus, commodities, or the sale of state companies, as in the case of Singapore. If it is debt, or government borrowing of some form, then the fund would have to outperform whatever the cost of that debt is, which is not an easy thing to do. I think our political leaders have enough on their plate. Our system has worked well keeping political and investment functions generally separate. We have seen different forms of business rise and fall, and even the perception of different countries, all of which funds are tied to. Unless a major SWF either starts—like in the case of the United States—or collapses—an issue that concerns the Saudis, I don’t see any political tsunamis on the horizon. . . . Kathryn Lavelle is the Ellen and Dixon Long Professor of World Affairs at Case Western Reserve University in Cleveland, Ohio. Her research explores the exchange between domestic and international and political institutions with a particular emphasis on political economy and multilateralism. Dr. Lavelle’s first book, The Politics of Equity Finance in Emerging Markets, explored the political circumstances that surround large issues of stock in the developing world. After being granted tenure at Case Western, she was awarded an American Political Science Association Congressional Fellowship and named the William A. Steiger fellow, a designation given to the most promising political scientist in her class of fellows. While in Washington during 2006-2007, she worked on the staff of the House Committee on Financial Services on issues related to domestic and international monetary policy. Dr. Lavelle holds a PhD in political science from Northwestern University; an M.A. in government and foreign affairs from the University of Virginia; and a bachelor’s degree in international economics from Georgetown University. She is a permanent member of the New York Council on Foreign Relations. This transcript has been lightly edited for clarity and length. Interview conducted by Sid Mehrotra. Image Credit: Jason Leung, Unsplash Content Licenses, via Unsplash
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