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Avior Wealth Management LLC reduced its stake in iShares MSCI KLD 400 Social ETF ( NYSEARCA:DSI – Free Report ) by 15.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,866 shares of the company’s stock after selling 351 shares during the period. Avior Wealth Management LLC’s holdings in iShares MSCI KLD 400 Social ETF were worth $203,000 as of its most recent SEC filing. Other hedge funds have also modified their holdings of the company. Eagle Bay Advisors LLC grew its position in iShares MSCI KLD 400 Social ETF by 100.0% in the 2nd quarter. Eagle Bay Advisors LLC now owns 246 shares of the company’s stock valued at $26,000 after buying an additional 123 shares during the last quarter. Larson Financial Group LLC purchased a new position in iShares MSCI KLD 400 Social ETF in the 2nd quarter valued at $28,000. MFA Wealth Advisors LLC purchased a new position in iShares MSCI KLD 400 Social ETF in the 2nd quarter valued at $48,000. ORG Partners LLC purchased a new position in iShares MSCI KLD 400 Social ETF in the 2nd quarter valued at $55,000. Finally, Eastern Bank purchased a new position in iShares MSCI KLD 400 Social ETF in the 3rd quarter valued at $58,000. iShares MSCI KLD 400 Social ETF Price Performance NYSEARCA:DSI opened at $113.61 on Friday. The firm’s fifty day moving average price is $109.97 and its 200 day moving average price is $105.62. iShares MSCI KLD 400 Social ETF has a 1-year low of $86.42 and a 1-year high of $114.84. The firm has a market cap of $5.02 billion, a price-to-earnings ratio of 29.01 and a beta of 1.09. About iShares MSCI KLD 400 Social ETF iShares MSCI KLD 400 Social Index Fund (the Fund), formerly iShares FTSE KLD 400 Social Index Fund, seeks to provide investment results that correspond generally to the price and yield performance of the MSCI KLD 400 Social Index (the Index). The Index is a free float-adjusted market capitalization index designed to measure the equity performance of the United States companies. See Also Receive News & Ratings for iShares MSCI KLD 400 Social ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI KLD 400 Social ETF and related companies with MarketBeat.com's FREE daily email newsletter .None
NEW YORK , Nov. 25, 2024 /PRNewswire/ -- The global high-end bicycle market size is estimated to grow by USD 5.03 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 6.31% during the forecast period. Growing adoption of e-bikes in developing countries is driving market growth, with a trend towards increasing concerns regarding health and fitness. However, high maintenance of e-bikes poses a challenge. Key market players include Accell Group NV, BH BIKES Europe SL, Cicli Pinarello Srl, DAHON North America Inc., Dorel Industries Inc., Giant Manufacturing Co. Ltd., Greenwit Technologies Ltd., Grimaldi Industri AB, Kalkhoff Werke GmbH, Klever Mobility Europe GmbH, Kona Bicycle Co., LOOK Cycle International, Marin Mountain Bikes Inc., Merida Industry Co. Ltd., Samchully Co. Ltd., Santa Cruz Bicycles LLC, Specialized Bicycle Components Inc., Storck Bicycle GmbH, Trek Bicycle Corp., and Youngone Corp., Bianchi, Jamis Bicycles, Kuota, Orbea, Scott Sports , Cannondale, Colnago, Felt Bicycles, Gazelle Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF High-End Bicycle Market Scope Report Coverage Details Base year 2023 Historic period 2018 - 2022 Forecast period 2024-2028 Growth momentum & CAGR Accelerate at a CAGR of 6.31% Market growth 2024-2028 USD 5.03 billion Market structure Fragmented YoY growth 2022-2023 (%) 6.15 Regional analysis North America, APAC, Europe, South America, and Middle East and Africa Performing market contribution APAC at 33% Key countries US, China, Germany, UK, and France, Japan, Italy, Australia, Netherlands, Canada Key companies profiled Accell Group NV, BH BIKES Europe SL, Cicli Pinarello Srl, DAHON North America Inc., Dorel Industries Inc., Giant Manufacturing Co. Ltd., Greenwit Technologies Ltd., Grimaldi Industri AB, Kalkhoff Werke GmbH, Klever Mobility Europe GmbH, Kona Bicycle Co., LOOK Cycle International, Marin Mountain Bikes Inc., Merida Industry Co. Ltd., Samchully Co. Ltd., Santa Cruz Bicycles LLC, Specialized Bicycle Components Inc., Storck Bicycle GmbH, Trek Bicycle Corp., and Youngone Corp., Bianchi, Jamis Bicycles, Kuota, Orbea, Scott Sports, Cannondale, Colnago, Felt Bicycles, Gazelle The high-end bicycle market is experiencing a boom in innovation and technological developments. Fine craftsmanship meets high performance in this industry, as cycling enthusiasts seek out premium materials like lightweight carbon fiber, titanium, and sophisticated alloys. Aerodynamic designs, precision engineering, and sophisticated suspension ensure strength, durability, agility, and overall performance. Parts and accessories, such as gearboxes, powerful brakes, and electronic components, are becoming increasingly advanced. Technological innovation and smart connectivity, including electronic shifting systems, are transforming the cycling experience. E-bikes, with their efficiency, sustainability, and eco-friendly features, are gaining popularity. Pedal assistance and streamlined designs with lighter batteries and e-specific components expand cycling possibilities. Luxury bikes offer built-in sensors, custom fitting services using 3D scanning and biomechanical analysis, and high-end components. The bicycle gearbox, a gearing system that uses rotational speed, torque, and drive wheels, is revolutionizing power transmission. High-speed bicycles with torque multiplication, inertia matching, and speed control are setting new standards for performance and safety. Despite the advancements, conventional bikes remain a favorite for riders who prefer a traditional cycling experience. The high-end bicycle market is poised for growth due to the increasing awareness regarding the health benefits of cycling. With the rise of desk-based jobs and sedentary lifestyles, the need for physical activity has become more crucial than ever. Cycling offers an efficient and low-impact exercise solution, reducing the strain and risk of injuries compared to other forms. Companies are promoting this activity as a means to combat the negative effects of prolonged sitting and improve overall well-being. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This high-end bicycle market report extensively covers market segmentation by 1.1 Hybrid bikes- The global high-end bicycle market is experiencing growth, with hybrid bicycles leading the way. Hybrid bikes combine elements of mountain, touring, and road bikes, making them versatile for various terrains. Their flat handlebars, brakes, and gear components resemble mountain bikes, while their lightweight design and smooth tires are reminiscent of road bikes. The upright riding position ensures comfort and safety, making hybrid bikes popular among cyclists, commuters, and children. Customization and increased demand from sports enthusiasts are driving the segment's growth. Vendors like Trek Bicycle Corp. And Dorel Industries Inc. Are capitalizing on this trend, offering high-end hybrid bicycles through brands like SPILLO and BH Bikes Europe SL. The availability of both conventional and electric hybrid bikes is further fueling market expansion. Owing to their versatility, comfort, and popularity, hybrid bikes are expected to remain the largest segment of the global high-end bicycle market during the forecast period. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis The high-end bicycle market is a niche segment of the cycling industry, catering to the demands of discerning cycling enthusiasts. These bicycles are renowned for their fine craftsmanship, high performance, and premium materials. Lightweight carbon fiber, titanium, and sophisticated alloys are commonly used to create agile and durable frames. Aerodynamic designs, precision engineering, and sophisticated suspension systems ensure strength, durability, and overall performance. Parts and accessories, such as gearboxes, powerful brakes, and electronic components, are meticulously selected for their technological innovation, smart connectivity, and electronic shifting systems. The boom in innovation and technological development in the high-end bicycle market has led to the emergence of lightweight E-bikes, offering improved efficiency and sustainability. The focus on efficiency, sustainability, and technological advancements sets the high-end bicycle market apart from mass-market offerings. Market Research Overview The high-end bicycle market is experiencing a boom in innovation and technological developments, catering to the needs of discerning cycling enthusiasts. These bicycles are known for their fine craftsmanship, high performance, and premium materials such as lightweight carbon fiber, titanium, and sophisticated alloys. Aerodynamic designs, precision engineering, and sophisticated suspension systems ensure strength, durability, agility, and overall performance. Parts and accessories, including gearboxes, powerful brakes, electronic components, and smart connectivity, enhance the riding experience. The cycling industry is witnessing a shift towards e-bikes, which offer efficiency, sustainability, and eco-friendly features like pedal assistance and streamlined designs. Lightweight materials, such as E bikes and their specific components, open up new cycling possibilities. Luxury bikes come with built-in sensors, custom fitting services using 3D scanning and biomechanical analysis, and electronic shifting systems. The bicycle gearbox, a gearing system that integrates the drive wheels, hub gear, derailleur gears, and power train, offers torque multiplication, inertia matching, speed control, and fatal accident prevention. The automation industry's technological advancements have significantly impacted the high-end bicycle market, offering riders a seamless and enjoyable cycling experience. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation 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: media@technavio.com Website: www.technavio.com/ View original content to download multimedia: https://www.prnewswire.com/news-releases/high-end-bicycle-market-size-is-set-to-grow-by-usd-5-03-billion-from-2024-2028--growing-adoption-of-e-bikes-in-developing-countries-boost-the-market--technavio-302314923.html SOURCE Technavio
NEW YORK (AP) — Shohei Ohtani wins his third MVP and first in the NL following a historic offensive season with the Los Angeles Dodgers.Yet another stowaway managed to board a major airline’s plane – renewing serious questions and concerns about airport safety during the busiest travel season of the year. This time, a stowaway tried to hitch a ride on Delta Air Lines Flight 487 at Seattle-Tacoma International Airport on Christmas Eve. The unticketed passenger was discovered while the plane was still taxiing out for takeoff to Honolulu, Delta Air Lines told CNN. The Transportation Security Administration and the Port of Seattle confirmed the incident to CNN. The incident came less than a month after another stowaway boarded a Delta airplane Thanksgiving week. That unticketed passenger made it all the way from New York’s John F. Kennedy International Airport to Paris before she was eventually arrested . People are also reading... Delta Air Lines planes are seen parked at Seattle-Tacoma International Airport on June 19, 2024, in Seattle, Washington. And on Christmas Eve, a body was found in a wheel well of a United Airlines plane shortly after it traveled from Chicago’s O’Hare International Airport and landed in Maui. Hiding in a plane’s wheel well is the most common method used by stowaways , the Federal Aviation Administration said. Stowaways often get crushed when the landing gear retracts, and oxygen levels plummet as a plane reaches higher altitudes. In the Seattle incident, the stowaway went through a TSA security checkpoint the evening before the flight but wasn’t holding a boarding pass, an airport spokesperson told CNN. The next day, the person “gained access to the loading bridge without a scanned ticket at the gate,” airport media relations manager Perry Cooper said. Once the person was discovered, the Airbus A321neo returned to the gate to remove the unticketed passenger, Delta said. Port of Seattle police officers were dispatched to gate B1 at the airport around 1:05 p.m. for “a report of a suspicious circumstance” on the Delta flight. The person “ran out” of the aircraft before officers arrived, Cooper told CNN Friday. “The aircraft returned to the terminal and the subject departed the aircraft,” the Port of Seattle said. “With the help of video surveillance, POSPD were able to locate the subject in a terminal restroom. The subject was arrested for criminal trespass.” The unticketed passenger didn’t have any prohibited items, the TSA told CNN. “The aircraft was swept by K9 as well as all areas in the terminal accessed by the subject,” the Port of Seattle said. “The aircraft was deplaned and all passengers were escorted by TSA to return to the security checkpoint for rescreening.” CNN has reached out to the Port of Seattle for additional comment. Delta said the flight was delayed by two hours and 15 minutes. After the rescreening, it continued to Honolulu at 3 p.m. “As there are no matters more important than safety and security, Delta people followed procedures to have an unticketed passenger removed from the flight and then apprehended,” the Atlanta-based airline said in a statement. “We apologize to our customers for the delay in their travels and thank them for their patience and cooperation.” TSA said it “takes any incidents that occur at any of our checkpoints nationwide seriously. TSA will independently review the circumstances of this incident at our travel document checker station at Seattle/Tacoma International.” United, Apple rolling out new way to track lost luggage with AirTags ‘Embarrassing’ for TSA and Delta How the person got through airport security is a question many want answered. There are a number of factors at play, according to former commercial airline pilot and aviation analyst, John Nance. “There are multiple causes that come into this, and they probably involve not only a bit of lackadaisical inattention,” Nance told CNN affiliate KING . “It may be training, it may be compliance, but it’s probably all of that.” It’s “embarrassing” for this situation to happen twice to the same airline and TSA, according to former Department of Homeland Security official Keith Jeffries, who was federal security director when he left the DHS in 2022. In his 20 years working with DHS and the TSA, Jeffries said he’s seen these situations multiple times. “It has happened before. It will happen again until they continue to strengthen that vulnerability,” Jeffries said. “The fact that it happened to the same airline, of course, couldn’t be more embarrassing, especially back-to-back, and during the holiday season, when there’s an extra alertness associated with the large holiday season,” Jeffries added. During the holidays, Jeffries explained, there’s typically more staffing at the airports being “extra vigilant.” TSA, airlines and airports have even more people present to ensure things like this don’t fall through the cracks, making these cases “even more concerning,” he said. If there is a “silver lining,” Jeffries said, it’s that Delta did catch the stowaway during the taxi, and they didn’t make it to Hawaii. The stowaway also didn’t have prohibited items when scanned through TSA, which is another plus, he said. “Everybody’s going to have to work together; TSA and the airlines on how they can strengthen both of those vulnerabilities, and in some cases, even work with the airport,” he said. Congress will likely scrutinize these incidents, Nance added. “But there will be no one paying more attention than the airlines themselves,” he said. ___ CNN’s Holly Yan, Pete Muntean, Amanda Musa and Nicole Chavez contributed to this report. 4 tips to help you experience exceptional cruise dining | PennyWise podcast PHOTOS: The top images of 2024 Elise Mertens, of Belgium, serves against Naomi Osaka, of Japan, at the BNP Paribas Open tennis tournament, on March 11, 2024, in Indian Wells, Calif. (AP Photo/Mark J. 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(AP Photo/Bernat Armangue) Ultra-Orthodox Jews look at part of an intercepted ballistic missile that fell in the desert near the city of Arad, Israel, on April 28, 2024. (AP Photo/ Ohad Zwigenberg) Margarita Salazar, 82, wipes sweat from her forehead in her home during an extreme heat wave in Veracruz, Mexico, on June 16, 2024. (AP Photo/Felix Marquez) People drive along a road littered with fallen power lines after the passing of Hurricane Rafael in San Antonio de los Banos, Cuba, on Nov. 7, 2024. (AP Photo/Ramon Espinosa) Palestinian activist Khairi Hanoon walks with the Palestinian flag on a damaged road following an Israeli army raid in Tulkarem, West Bank, on Sept. 3, 2024. (AP Photo/Majdi Mohammed) A polar bear and a cub search for scraps in a large pile of bowhead whale bones left from the village's subsistence hunting at the end of an unused airstrip near the village of Kaktovik, Alaska, on Oct. 15, 2024. (AP Photo/Lindsey Wasson) Vero Almarche, right, hugs her neighbor Maria Munoz, who was born in the house where they are photographed and which was destroyed by flooding in Masanasa, Valencia, Spain, on Nov. 6, 2024. (AP Photo/Emilio Morenatti) Wearing a device that measures his energy consumption, Israel Amputee Football Team player Ben Maman, left, fights for the ball with a young soccer player from a local team during a practice session in Ramat Gan, Israel, on April 11, 2024. (AP Photo/Leo Correa) A member of the Seattle Mariners tosses a ball against a wall during drills at spring training baseball workouts, on Feb. 15, 2024, in Peoria, Ariz. (AP Photo/Lindsey Wasson) Sara Chen weeps over the grave of her longtime friend, Staff Sgt. Avraham Nerya Cohen, who was killed in action on Oct. 7, 2023, as Israel marks the first anniversary of the Hamas attack on Israel, at the Mount Herzl military cemetery in Jerusalem on Oct. 7, 2024. (AP Photo/Maya Alleruzzo) Midwife Diluwara Begum holds a newborn baby girl after helping deliver her on a boat on the River Brahmaputra, in the northeastern Indian state of Assam, on July 3, 2024. (AP Photo/Anupam Nath) French sailors on the bridge of the French navy frigate Normandie keep watch during a reconnaissance patrol during NATO exercises in a Norwegian fjord north of the Arctic circle on March 6, 2024. (AP Photo/Thibault Camus) An animal runs through grass while fleeing flames as the Park Fire tears through the Cohasset community in Butte County, Calif., on July 25, 2024. (AP Photo/Noah Berger) A gaucho, or South American cowboy, bathes a horse during the Criolla Week rodeo festival, in Montevideo, Uruguay, on March 26, 2024. (AP Photo/Matilde Campodonico) Sloane Stephens of the U.S. signs autographs after defeating Daria Kasatkina of Russia in their second round match at the Australian Open tennis championships at Melbourne Park, Melbourne, Australia, on Jan. 18, 2024. (AP Photo/Louise Delmotte) Children shake hands before they play a chess game at The Soga Chess Club of the internally displaced persons camp in Kanyaruchinya, Democratic Republic of Congo, on July 29, 2024. (AP Photo/Moses Sawasawa) A mural of former Argentine first lady María Eva Duarte de Perón, better known as Eva Perón, or Evita, depicting her with a saint's halo, adorns a wall inside the Peron Peron restaurant in the San Telmo neighborhood of Buenos Aires, Argentina, Friday, Feb. 9, 2024. (AP Photo/Natacha Pisarenko) People gather in front of destroyed buildings hit by an Israeli airstrike in central Beirut, Lebanon, on Oct. 10, 2024. (AP Photo/Bilal Hussein) A cleric holds up his son as he celebrates Iran's missile strike against Israel during an anti-Israeli protest at Felestin (Palestine) Square in Tehran, Iran, on Oct. 1, 2024. (AP Photo/Vahid Salemi) Buildings cover Gardi Sugdub Island, part of San Blas archipelago off Panama's Caribbean coast, on May 25, 2024. Due to rising sea levels, about 300 Guna Indigenous families are relocating to new homes, built by the government, on the mainland. (AP Photo/Matias Delacroix) Actors make final adjustments to their costumes before the start of Ramleela, a dramatic folk re-enactment of the life of Rama according to the ancient Hindu epic Ramayana, in New Delhi, India, on Oct. 5, 2024. (AP Photo/Manish Swarup) Christophe Chavilinga, 90, suffering from mpox, waits for treatment at a clinic in Munigi, eastern Congo, on Aug. 16, 2024. (AP Photo/Moses Sawasawa) First-graders attend the traditional ceremony for the first day of school in Zaporizhzhia, Ukraine, on Sept. 1, 2024. (AP Photo/Evgeniy Maloletka) Stay up-to-date on what's happening Receive the latest in local entertainment news in your inbox weekly!
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NoneThe former candidate for the Bayamón senatorial district will have the task of reorganizing the party November 25, 2024 - 4:12 PM César A. Vázquez Muñiz , former senatorial candidate for Proyecto Dignidad in Bayamón , returned to the presidency of that political party after a meeting of its governing council in which former gubernatorial candidate Javier Jiménez transferred the presidency to him. In a U.S. publication, Pablo José Hernández claims to put aside the statehood debate Ana Escobar defends decisions amid Department of Corrections controversies Jenniffer González is in no hurry to announce appointments: “It’s about making a good selection”FIUGGI, Italy (AP) — Foreign ministers from the world’s leading industrialized nations expressed cautious optimism Monday about possible progress on a ceasefire between Israel and Hezbollah. The top diplomats met for the final time before a new U.S. administration takes office with wars raging in the Mideast and Ukraine. “Knock on wood,” Italian Foreign Minister Antonio Tajani said as he opened the Group of Seven meeting outside Rome. “We are perhaps close to a ceasefire in Lebanon," he said. "Let's hope it's true and that there's no backing down at the last-minute.” A ceasefire in Gaza and Lebanon was foremost on the agenda of the G7 meeting in Fiuggi, outside Rome, that gathered ministers from Canada, France, Germany, Italy, Japan, the United Kingdom and the United States, in the last G7 encounter of the Biden administration. For the first time, the G7 ministers were joined by their counterparts from Saudi Arabia, Egypt, Jordan, the United Arab Emirates and Qatar, the so-called “Arab Quintet,” as well as the Secretary General of the Arab League. “Everyone favors a ceasefire in both scenarios,” Tajani told reporters, adding that Italy had offered to take on an even greater peacekeeping role in Lebanon to oversee any ceasefire deal. As the ministers arrived in Italy, Israel’s ambassador to the U.S., Mike Herzog, told Israeli Army Radio on Monday a ceasefire deal to end fighting between Israel and the Lebanon-based Hezbollah could be reached “within days.” Several Arab ministers reiterated calls for a ceasefire in both Lebanon and Gaza during a G7-affiliated conference in Rome. “We need a ceasefire, a permanent ceasefire. That will stop the killings and stop the destruction and restore a sense of normalcy to life,” Jordanian Foreign Minister Ayman Safadi told the conference. Egyptian Foreign Minister Badr Abdelatty, for his part, reaffirmed that Cairo would host a minister-level conference next Monday on mobilizing international aid for Gaza. The so-called “Quintet” has been working with the U.S. to finalize a “day after” plan for Gaza. There is some urgency to make progress before the Trump administration takes over in January. President-elect Donald Trump is expected to pursue a policy that strongly favors Israel over the aspirations of the Palestinians. Tajani added another item to the G7 agenda last week after the International Criminal Court issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu, his former defense minister and Hamas’ military chief. Italy is a founding member of the court and hosted the 1998 Rome conference that gave birth to it. But Italy’s right-wing government has been a strong supporter of Israel after the Oct. 7 Hamas attacks, while also providing humanitarian aid for Palestinians in Gaza. The Italian government has taken a cautious line, reaffirming its support and respect for the court but expressing concern that the warrants were politically motivated. The United States, Israel's closest ally, has called the warrants “outrageous.” Tajani acknowledged consensus hadn't been reached among the G7 members but hoped for agreement to have a unified position. He noted that all sides need Netanyahu to make any deal. “We can also not agree with how his government has led the reaction after the massacre of Oct. 7, but now we have to deal with Netanyahu to arrive at peace in Lebanon, peace in Palestine,” Tajani said. Nathalie Tocci, director of the Rome-based Institute for International Affairs think tank, warned that inserting the ICC warrant into the G7 agenda was risky, since the U.S. is the lone member that is not a signatory to the court and yet tends to dictate the G7 line. “If Italy and the other (five G7) signatories of the ICC are unable to maintain the line on international law, they will not only erode it anyway but will be acting against our interests,” Tocci wrote in La Stampa daily this weekend, recalling Italy’s recourse to international law in demanding protection for Italian U.N. peacekeepers who have come under fire in southern Lebanon. The other major talking point of the G7 meeting is Ukraine , and tensions have only heightened since Russia attacked Ukraine last week with an experimental, hypersonic ballistic missile that escalated the nearly 33-month-old war. Russian President Vladimir Putin said the strike was retaliation for Kyiv’s use of U.S. and British longer-range missiles capable of striking deeper into Russian territory. The G7 has been at the forefront of providing military and economic support for Ukraine since Russia’s invasion in February 2022 and G7 members are particularly concerned about how a Trump administration will change the U.S. approach. Trump has criticized the billions of dollars that the Biden administration has poured into Ukraine and has said he could end the war in 24 hours, comments that appear to suggest he would press Ukraine to surrender territory that Russia now occupies. “It’s hugely important that this G7, that all colleagues across the G7 continue to stand with Ukraine for as long as it lasts,” British Foreign Secretary David Lammy said as he arrived. He announced new sanctions on vessels of Russia's “shadow fleet” of ships that are evading sanctions to export Russian oil. “And we are confident that Ukraine can have the funds and the military equipment and kit to get through 2025,” Lammy said. The G7 foreign ministers’ meeting, the second of the Italian presidency after ministers gathered in Capri in April , is being held in the medieval town of Fiuggi southeast of Rome, best known for its thermal spas. On Monday, which coincides with the International Day for the Elimination of Violence against Women, ministers were attending the inauguration of a red bench meant to symbolize Italy’s focus on fighting gender-based violence. Over the weekend, tens of thousands of people marched in Rome to protest gender-based violence , which in Italy so far this year has claimed the lives of 99 women, according to a report last week by the Eures think tank.On November 27, the German Ambassador to Georgia, , gave an interview to the UN Global Compact Network Georgia, talking about Georgia’s stalled EU accession process, German-Georgian relations, and the impact of Georgia’s drift away from the EU on Georgia’s economy and investment attractiveness. Ambassador Fischer described the current state of German-Georgian relations as a crisis, saying: “We are at an impasse now.” He emphasized that the EU had granted Georgia candidate status as a “sign of love and affection,” despite the Georgian government’s failure to meet the nine conditions for candidacy. Following this gesture, however, he noted a shift in the Georgian government’s rhetoric and actions, including the reintroduction of the Foreign Agents law, which he called “gross contradiction” with EU values, and anti-LGBTQ legislation. He also criticized accusations against Germany and the EU of being “foreign agents”, attempting to drag Georgia into war in Ukraine, or promoting “liberal fascism”. Commenting on the GD government’s insistence that the EU integration process continues, Ambassador said that last June and then again in October, “the leaders of the European Union decided and wrote down in their decision that the accession process has come to a halt. It’s also written down. Nobody here bothers to read it, but I recommend to read it.” He further said: “The government is telling you, no, nothing is halted. We decide what’s halted and what’s not halted. The candidate doesn’t decide. So it’s halted, and if you ask me, I don’t see it coming back on track in the near future.” The Ambassador further spoke of the October 26 elections in Georgia, saying that “the way the election was conducted is not compatible with what we expect from a candidate country.” He said that “the accession process has come to a standstill” adding: “So it’s a crisis, and I think there’s a high risk that maybe you missed your opportunity.” Ambassador Fischer also highlighted the missed opportunities for Georgia’s business sector due to limited integration with the EU market, despite the Deep and Comprehensive Free Trade Agreement (DCFTA) in place since 2016. He noted that Georgian exports to the EU have only increased minimally, by about 2%, primarily due to non-compliance with EU standards, such as phytosanitary regulations for agricultural products. Fischer emphasized the importance of aligning with EU standards to access “one of the world’s “most prosperous markets”, warning that the current crisis in EU-Georgia relations and Georgia’s stalled European integration deter potential investors and undermine economic progress. He pointed out the attractiveness of the EU’s structured legal and business framework “that people know, that they feel familiar with, and that is also safe.” “That’s why we invest mainly, amongst ourselves,” he said adding that Georgia’s getting closer to the EU opens it for European businessmen. But Georgia’s drifts away from EU, he said, which has led to hesitancy among foreign investors, including German businesses. Some have reconsidered or even withdrawn their investments, such as Heidelberg Cement, which exited the Georgian market. Amb. Fischer argued that a lack of alignment with EU frameworks leaves Georgia as a small, emerging market in the South Caucasus with limited appeal for large-scale investment. He also warned of the negative effects of drifting away from the EU in terms of the impact on the national currency, the emigration of the young, the fluctuations in the stock market prices of Georgian companies that are listed on foreign stock exchanges and other factors.
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