Long known for its portfolio of artisan labels, Richemont has entered the industrial-design market. Its recent introduction, Via Arno , brings the same attention to detail and craftsmanship seen in its other offerings—including Van Cleef & Arpels, Alaïa, and Jaeger-LeCoultre—to the homewares sector. “We wanted to provide independent artisans and makers with a way to distribute their work,” says CEO Annia Spiliopoulos, a jewelry and entertainment-industry veteran who cofounded the label with Hanneli Rupert, the current vice executive chair at the Michelangelo Foundation for Creativity & Craftsmanship. The two met after Spiliopoulos joined the foundation’s executive committee to help shape its future vision. “Makers of everyday items often have trouble commercializing and branding their work, so we hope to be a good conduit for that.” In October at the 2024 edition of Homo Faber, Venice’s annual celebration of handmade work curated by the Michelangelo Foundation, Via Arno launched the namesake Via Arno Salon to present its artisan goods and services, ranging from homewares to sports equipment from more than 100 independent creators. Robb Report caught up with Spiliopoulos on the heels of the show, where the brand curated five spaces, including two studios, the Homo Faber Gift Shop, and La Cichetteria Bar and gelato stand, at the fair. “The Via Arno Salon offered artisan talks and gave them a place to tell their stories,” she says. “It was a way to showcase our concept, creative direction, and the experience we want to give through the brand. It’s all about connecting through human making.” Richemont is known for its dealings in luxury jewelry and watches. Why enter the design market now? It all comes down to craftsmanship, which is very much in the group’s DNA. I think there’s a sense of responsibility to look at the skills that may be needed to make these quality, long-lasting pieces and support those crafts... A lot of professionals [wonder] whether there will be a seminal shift or transformation in their industry because of technology. In that case, why not think about a new era of human making? Why don’t young people see carpentry or glass-making as a relevant or compelling profession? We hope that we can bring more value to craft. What services will Via Arno offer? We have a corporate channel—say, if you’re a hotel, hospitality, or retail group and want to work with our brands, we can facilitate that. We have options for private clients who are looking to invest in craft, whether that’s through something that’s already made or working directly with an artisan to create a custom commission. There will also be a trade channel for property developers, architects, or interior designers... We will also be offering services such as engraving, embroidery, and mending. And products? Via Arno is very much about offering a lifestyle, it’s not just home-focused. Obviously, home goods and decor are a big part of it... But we will also have sports equipment—handmade tennis rackets, skis, and golf clubs. Games such as chess and backgammon sets. Handmade duvets and some specialty clothing like outdoor climbing jackets or hiking boots. The focus is mostly human-made goods from independent designers who have worked for 10 years on their craft and are creating functional pieces, which range from a wood spoon in the tens of dollars to a handmade boat. I hope we keep finding new makers as the years go on and that more generations of people will want to become artisans. Why is it important to return to this idea of slow making, or studied craftsmanship? I think it’s an opportunity. There’s a different sense of story in handcrafted items. People are interested in provenance and how that can bring them closer to people or nature, where most artisans get their materials from... All the energy that goes into that through materials, which are usually local and good quality, is passed on through the items to someone who is using it every single day. That human making puts beauty and meaning into the end product... It might take three months to get an order, but it’s a more mindful way of consuming and purchasing and making.They’ve had enough. A movement in a myriad of rural counties across deep blue states such as Illinois and California to split off and form new states appears to be gaining some steam in the wake of the Nov. 5 election . Conservative residents of the rural regions are taking note of their peers fleeing to lower-taxed and less-regulated red states but they are ready to stay put — pining for a divorce with the urban sectors of their state. A group dubbed the New Illinois State has drafted a new constitution and championed plans to “Leave Illinois Without Moving.” On Election Day, seven rural counties in Illinois voted to contemplate splitting off from the state. “There’s a lot of people in Chicago, and I think that they make a lot of decisions that affect people downstate,” Phil Gioja, from Iroquois County, told the Wall Street Journal . “It’s just sending a message that, ‘Hey, you know, there’s people that would like to be part of the conversation, and often aren’t.’” In Iroquois County, about 73% of voters backed the idea of banding together with other counties in Illinois, except Cook County, which encompasses Chicago and forming a new state. Chicago is home to about 40% of Illinois’ population. While Gioja doesn’t anticipate a separation soon, some backers of a rural divorce think that an opening will come. “We always believed that our best opportunity to negotiate our way out of Illinois was when Illinois was approaching that financial cliff — it’s been on a path toward it for years,” G.H. Merritt, who chairs New Illinois State told the outlet. Out in California, a similar movement has taken root as well. The New California State organization hopes to splinter off the counties outside the Bay Area, Sacramento and Los Angeles. “I’m so flipping excited,” Paul Preston, who founded New California State, told the Wall Street Journal. Preston bashed the Golden State to the outlet as a “one-party communist state, and technically, they have seceded from the Union already.” But his and other like-minded movements face an uphill battle. To win statehood, they would need the green light from state legislatures — difficult to lock down from the states where they’d like to splinter off. Hawaii was the last state formally added to the US. There have been efforts by Puerto Rico and Washington DC to attain statehood, but none of them have garnered much steam. Following the Nov. 5 election, California Gov. Gavin Newsom has visited red counties and told voters: “Message received.” “I don’t care who you voted for. I care about Trump supporters, I care about Robert Kennedy Jr supporters, I care about Tucker Carlson supporters, I care about Charlie Kirk supporters, I care about Ben Shapiro supporters, I care about all people,” Newsom said during one of his stops. Out in Oregon, the Greater Idaho movement is hoping to reconfigure state lines so that rural counties past the Cascade mountain range can join their conservative-run neighbor Idaho. “The State of Oregon has said we’re not going to talk about it and are basically holding people in Eastern Oregon captive against our wishes,” Matt McCaw, executive director of Greater Idaho, told the outlet. A similar movement had taken place in three Maryland counties — Garrett, Allegany and Washington — which asked to join West Virginia and got support from Gov. Jim Justice (R) back in 2021. None of those counties have moved over. The urban-rural divide has long had ripple effects in domestic politics. President-elect Donald Trump enjoyed a major advantage over Vice President Kamala Harris in rural areas. Trump, 78, also managed to chip away at the Democrats’ long-held grip on urban centers, dramatically reducing the margins in traditionally blue states relative to the 2020 election. Throughout his campaign, the 45th and soon-to-be 47th president assailed liberal-run cities, claiming that they were overtaxed, rife with crime and falling apart.
is dealing with yet another legal setback. The R&B singer has a , with many of his cases involving violence against women. This time around his issues come with a very hefty price tag. According to , the “Bottoms Up” artist must pay Maryland Capitol police officer Tyrelle Dunn an $11 million settlement in connection with a 2021 incident in Las Vegas. At his 37th birthday party in November 2021, he “allegedly brought a group of women back to his hotel room at The Cosmopolitan.” In his lawsuit Dunn claims his wife, who was one of the women, “screamed for help and said she was being held against her will.” Dunn alleges that as he attempted to get to his wife, he “was attacked by Songz and his security.” The officer claims that his “serious injuries” included “fractured eye sockets and scarring that caused him to miss work.” There were no criminal consequences for Songz, but Dunn filed a lawsuit. The court documents state that since the singer “didn’t respond” to it, he ended up having a ‘default judgment entered against him.” This is probably not the news Trey Songz wanted to hear right now, as he was recently announced as , alongside Omarion and Bow Wow. Considering how much legal trouble the artist has found himself in in recent years, social media definitely had thoughts on the settlement. One person wondered where the money would come from, , “Now yall know he ain’t got $11 million.” Someone else pointed to the history of misconduct accusations against him, , “He been getting SA allegations & lawsuits for years LOCK HIM UP.” Another user questioned why he’s not under more intense scrutiny, , “This man’s allegations keep getting quickly and easily forgotten. Is it because he’s not a big enough name to keep a story going?” Maybe if he stops getting booked on major tours and people don’t shame the victim online, there will actually be consequences for his actions and he’ll be held responsible.
CHICAGO--(BUSINESS WIRE)--Dec 6, 2024-- The board of directors of Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today declared a quarterly dividend of 45.5 cents per share, payable Jan. 31, 2025, to shareholders of record as of Jan. 3, 2025. The five-cent, or 12.3%, increase from the prior quarterly rate of 40.5 cents per share results in an expected annualized dividend of $1.82 per share compared with the prior annualized rate of $1.62 per share. While subsequent dividends will be subject to board approval, the company expects to pay three additional dividends in 2025: About Morningstar, Inc. Morningstar, Inc. is a leading provider of independent investment insights in North America, Europe, Australia, and Asia. The Company offers an extensive line of products and solutions that serve a wide range of market participants, including individual and institutional investors in public and private capital markets, financial advisors and wealth managers, asset managers, retirement plan providers and sponsors, and issuers of fixed-income securities. Morningstar provides data and research insights on a wide range of investment offerings, including managed investment products, publicly listed companies, private capital markets, debt securities, and real-time global market data. Morningstar also offers investment management services through its investment advisory subsidiaries, with approximately $328 billion in AUMA as of Sept. 30, 2024. The Company operates through wholly-owned subsidiaries in 32 countries. For more information, visit www.morningstar.com/company . Follow Morningstar on X (formerly known as Twitter) @MorningstarInc. 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For us, these risks and uncertainties include, among others, failing to maintain and protect our brand, independence, and reputation; failure to prevent and/or mitigate cybersecurity events and the failure to protect confidential information, including personal information about individuals; compliance failures, regulatory action, or changes in laws applicable to our credit ratings operations, investment advisory, environmental, social, and governance, and index businesses; failing to innovate our product and service offerings, or anticipate our clients’ changing needs; the impact of artificial intelligence and related technologies on our business, legal, and regulatory exposure profile and reputation; failing to detect errors in our products or the failure of our products to perform properly due to defects, malfunctions, or similar problems; failing to recruit, develop, and retain qualified employees; prolonged volatility or downturns affecting the financial sector, global financial markets, and the global economy and its effect on our revenue from asset-based fees and our credit ratings business; failing to scale our operations and increase productivity in order to implement our business plans and strategies; liability for any losses that result from errors in our automated advisory tools or errors in the use of the information and data we collect; inadequacy of our operational risk management, business continuity programs and insurance coverage in the event of a material disruptive event; failing to close, or achieve the anticipated economic or other benefits of, a strategic transaction on a timely basis or at all; failing to efficiently integrate and leverage acquisitions and other investments, which may not realize the expected business or financial benefits, to produce the results we anticipate; failing to maintain growth across our businesses in today's fragmented geopolitical, regulatory, and cultural world; liability relating to the information and data we collect, store, use, create, and distribute or the reports that we publish or are produced by our software products; the potential adverse effect of our indebtedness on our cash flows and financial and operational flexibility; challenges in accounting for tax complexities in the global jurisdictions which we operate in and their effect on our tax obligations and tax rates; and failing to protect our intellectual property rights or claims of intellectual property infringement against us. A more complete description of these risks and uncertainties, among others, can be found in our filings with the Securities and Exchange Commission (SEC), including our most recent Reports on Forms 10-K and 10-Q. If any of these risks and uncertainties materialize, our actual future results and other future events may vary significantly from what we expect. We do not undertake to update our forward-looking statements as a result of new information, future events or otherwise, except as may be required by law. You are, however, advised to review any further disclosures we make on related subjects, and about new or additional risks, uncertainties and assumptions in our filings with the SEC on Forms 10-K, 10-Q, and 8-K. ©2024 Morningstar, Inc. All Rights Reserved. MORN-C View source version on businesswire.com : https://www.businesswire.com/news/home/20241205277268/en/ Landon Hudson, +1 312 696-6037 ornewsroom@morningstar.com KEYWORD: ILLINOIS UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: BANKING ASSET MANAGEMENT PROFESSIONAL SERVICES FINANCE SOURCE: Morningstar, Inc. Copyright Business Wire 2024. PUB: 12/06/2024 04:15 PM/DISC: 12/06/2024 04:13 PM http://www.businesswire.com/news/home/20241205277268/enForty years ago, Band Aid stirred my Gen X conscience. Who’s inspiring Gen Z?
The Senate, Tuesday, sought for inclusion of cassava in flour production and its derivatives . Senate’s decision in this direction , followed passage of a bill sponsored to that effect by Senator Saliu Mustapha for second reading. Senator Mustapha ( APC Kwara Central) , in his lead debate on the bill said the prolonged war between Russia and Ukraine , had further increased the cost of wheat and all its derivatives rspecially bread which is a major staple food for the masses in Nigeria . According to him, the continued importation of wheat has nagative impacts on the Nigeria economy causing trade imbalance , loss of foreign exchange and fueling food dependency . He specifically stated that the bill when passed into law, , will stimulate jobs creation in the agriculture sector and increase our market share of cassava earnings in foreign exchange. Objectives of the bill according to him , are (i) mandatory inclusion of 20% high – quality cassava flour in Nigeria or imported into the country . (ii) Encourage cassava farming and create a sustainable market for cassava flour . (iii) Mandates the publication of regulations for the proportion of cassava flours in relation to wheat to be applied in the process of making edible flour . ( iv) Provide a tax regime and incentives for producers of mixed wheat and cassava flours and wheat importers who include cassava flour in imported wheat. ” The passage of this bill will enhance the efficiency of cassava productions and processing operations as cassava is a choice crop for rural development, poverty alleviation , economic growth and ultimately food security “, he stressed. Many of the Senators who contributed to debate on the bill , supported it . Specifically, the Deputy President of the Senate, Barau Jibrin, in his contribution said: “This bill is all about our national interest. It is important to utilise what we produce everywhere in this country. In the north, in the south and everywhere. Every state produces cassava. It is one of the crops that you can find everywhere. Experts have concluded that using a “certain amount of cassava added to wheat is good for us in bread baking. Yes, we need legislation because this thing has been said over and over again. ” However, the bakers have refused to go in line with the study that experts have made about the bread we need to produce in this country. Now, legislation should be enacted to enforce them to use this formula”, The Senate accordingly after the debate , passed the bill for second reading and mandated its committee on Agriculture to conduct public hearing on it and report back in four weeks .Cayden Primeau is simply having a terrible start to the season with the Montreal Canadiens. It's really unfortunate, but it's the reality. Some even go so far as to say that, if Cayden Primeau did his job, the Habs would be in the mix right now. Looking closely at the stats, it's hard to disagree. A change is needed in the Canadiens' crease Here's the proposed solution. Why not call up goaltender Connor Hughes to see if he can be a solid NHL goalie? It could turn out to be an incredible discovery. I understand that management wants to protect Jakub Dobes, but Hughes is 28 years old, so there's no need to leave him in Laval for too long. Connor Hughes: 'He looks like an NHL goaltender' Several experts agree with this opinion, so why not give him a chance right away? So, what do you think? Should the Montreal Canadiens take a chance on Hughes? Because clearly, Samuel Montembeault cannot play every game from now until the end of the season. I love the idea. Hughes has a 1.85 goals-against average this season with a save percentage of 0.935 (6 wins and 1 loss) - AHL. Primeau has a 4.67 goals-against average this season with a save percentage of 0.845 (1 win and 3 losses) - NHL. This article first appeared on Habs Fanatics and was syndicated with permission.
Alex Ovechkin is expected to miss 4 to 6 weeks with a broken left leg
NoneNoneBy DAVID McHUGH The Associated Press FRANKFURT, Germany (AP) — Germany’s technology and services company Bosch said Friday it planned to reduce its automotive division workforce by as many as 5,500 jobs in the next several years in another sign of the headwinds hitting the German and global auto industries. The company cited stagnating global auto sales, too much factory capacity in the auto industry compared with sales prospects and a slower than expected transition to electric-powered, software-controlled vehicles. The news comes two days after Ford Motor Co. announced plans to drop 4,000 jobs in Europe , and with Volkswagen employees threatening work stoppages over what they say management has told them are plans to close as many as three factories in Germany. Revenue at Stellantis , created through the 2021 merger of PSA Peugeot and Fiat Chrysler Automobiles, tumbled 27% in its most recent quarter that ended this fall. Auto sales have slowed this year in Europe as consumers stung by inflation hold back on spending, while automakers have sunk billions into developing electric cars only to see slower sales than expected and new competition from cheaper Chinese brands. The German government abruptly cancelled purchase incentives at the end of last year, sending electric vehicles sales in that country down by 27% over the first nine months of this year. Some 3,500 of the job reductions at Bosch would come before the end of 2027 and would hit the part of the company that develops advanced driver assistance and automated driving technologies, as well as centralized vehicle software, said Bosch, which is headquartered in Gerlingen near Stuttgart. About half those job reductions would be at locations in Germany. “The auto industry has significant overcapacities,” the company said in a statement. “In addition, the market for future technologies is not developing as originally expected ... At the moment, many projects in this business area are being put off or abandoned by automakers.” In addition, 750 jobs would be lost at a plant in Hildesheim, Germany by end 2032, 600 of those by the end of 2026. A plant in Schwaebisch Gmund would lose some 1,300 over between 2027 and 2030. The reductions are still in the planning stage and final numbers would have to be agreed with employee representatives and carried out in what the company said would be a socially responsible way. While automakers put their names on the cars they sell, most of the car is actually made by a series of suppliers Some 230,000 people work for Bosch’s mobility division, out of a global workforce of 429,000. In addition to its business as an auto industry technology supplier Bosch makes factory and building equipment and software across a range of products including industrial boilers and waste-heat recovery systems, video security systems, and power tools.
Bennett scores 23 as Quinnipiac defeats Sacred Heart 83-73
The Princess of Wales spoke of “challenging times” and how she “didn’t know” what this year would bring as she made a rare public appearance at her annual Christmas carol service. Kate , who is making a gradual return to public events after completing her cancer treatment around four months ago, was heard on broadcast footage telling singer Paloma Faith: “I didn’t know this year was going to be the year I’ve just had.” When Faith replied “the unplanned”, Kate said: “The unplanned, exactly. “But I think lots of people this year have had such challenging times.” It is the fourth time the princess has held her event at Westminster Abbey in celebration of the positive qualities found in many and to bring festive cheer to the capital and associated events around the country. Celebrity performers included Faith, Richard E Grant and Gregory Porter, with Sir Chris Hoy giving a reading for the 1,600 guests who have supported others, whether friends or family, helped individuals through their work or volunteered. Prince Louis left a touching Christmas message to his grandparents inspired by his mother’s annual festive celebration. The young royal and his siblings left notes on a “kindness tree” erected as part of the Together at Christmas carol service dedicated to those “who have shown love, kindness and empathy to others in their communities”. When Prince George, 11, Princess Charlotte, nine, and Louis, aged six, first arrived with their father William, they stopped at the kindness tree, outside the abbey’s great west door, and hung messages on its branches in recognition of someone who has supported them during their lives. They all arrived clutching their red tags and Louis’ could be seen with the handwritten words: “Thank you to granny and grandpa because they have played games with me.” It is thought the message refers to Kate’s parents Carole and Michael Middleton, who are known to be hands-on grandparents. The princess had travelled ahead of her family to meet the celebrities taking part and personally thank them for their time. She told jazz singer Porter: “Thank you, I’m conscious it’s such a busy time for everybody.” The princess wore a festive red coat featuring a large black bow on the collar and black buttons by Sarah Burton for Alexander McQueen. She turned to Faith, in a red dress, and singer-songwriter JP Cooper , who wore a similar coloured coat, and smiled as she said: “It’s a celebration, everybody’s wearing red. Faith joked about her eight-year-old daughter, who said, when told her mother was leaving home to sing for a princess: “Are they going to chop your head off?” The singer and Kate laughed as the performer said: “I don’t think they do that any more.” Later, Kate walked through the abbey and stopped to speak to a number of the guests as they sat waiting for the carol service to begin. She chatted to 100-year-old RAF veteran Bernard Morgan from Crewe, who landed in Normandy on D-Day in 1944 and returned to the site of the Second World War campaign with the Royal British Legion in June, to mark the 80th anniversary of the landings. Mr Morgan, who still speaks to schools and colleges about his wartime experiences, said afterwards: “I am very grateful to be invited and I was honoured to light a candle on behalf of all the amazing volunteers at the Royal British Legion who give up their time to support veterans like me. “I am always keen for the younger generation to know exactly what went on during the war and to appreciate the sacrifice that our lads made so that we can enjoy the freedoms we have today. “Being able to continue to tell my story at 100 is wonderful and I am grateful to the Princess of Wales and the Royal British Legion for giving me the opportunity to do that. “It was lovely to see Her Royal Highness looking so well. It was a delightful event at the abbey and a night I will never forget.” Among the members of the royal family attending the carol service were the Duchess of Edinburgh, Princess Beatrice and her husband Edoardo Mapelli Mozzi, and their son Christopher Woolf Mapelli Mozzi. William’s cousin Zara Tindall was also among the guests, as were Prince and Princess Michael of Kent and their daughter Lady Gabriella Windsor, making her first appearance at a royal event since a coroner concluded this week that her husband Thomas Kingston had taken his own life following an inquest into his death. The highlights of the service included Porter performing Do You Hear What I Hear? and Faith singing the classic soul song This Christmas. Actor Richard E Grant recited a passage from Charles Dickens’s classic festive story A Christmas Carol while Downton Abbey star Michelle Dockery read some of her personal reflections. Carols sung by the congregation included Once in Royal David’s City, O Come All Ye Faithful, Away In A Manger and Hark! The Herald Angels Sing. The event will be broadcast as part of the programme Royal Carols: Together At Christmas, screened on ITV1 and ITVX on Christmas Eve, and it will feature three films about the stories of people and organisations who have inspired, counselled and comforted others in their times of need. Alongside the service at Westminster Abbey, 15 community carol services are taking place around the UK this month to provide a moment for people to come together and celebrate community work during the festive season.
Every AFL club's draft haul rated: Who passed? Who failed?
Most Americans, like most Canadians, probably have no idea how important Canada is to American energy security and its comparatively cheap gasoline. But they may soon find out. Should Donald Trump’s threats of 25 per cent tariffs across the board on Canadian imports include oil and natural gas, there would be a crude awakening. American consumers would invariably be hit with price hikes at the gas pumps, should Canadian oil producers be hit with 25 per cent tariffs, as about one-third of American refining capacity is configured for heavy crude, most of which comes from Alberta’s oil sands. American LNG exporters would also feel the pain, as some of the natural gas used to feed LNG terminals on the Gulf Coast comes from Alberta and B.C. via pipeline. Trump’s threat of across-the-board tariffs on Canadian and Mexican imports is sending “shockwaves” through the Canadian business community, said Bridgitte Anderson, president of the Greater Vancouver Board of Trade (GVBOT) at an energy and resources forum Tuesday in Vancouver. “The president-elect is threatening 25 per cent across the board on all Canadian projects,” said Lisa Baiton, president of the Canadian Petroleum Producers (CAPP). “This would be catastrophic for Canada's economy. And these kinds of events underscore the impacts of global instability and show how our resource sector, the economy and national security are all highly interdependent.” B.C. lumber exports to the U.S. are already subject to duties of about 15 per cent. Presumably, blanket tariffs on Canadian goods would add another 10 per cent. During his previous administration, Trump implemented tariffs on Canadian steel and aluminum, but energy exports, like oil and gas were not included. While it’s not yet clear whether the threatened tariffs would include energy exports -- oil, natural gas and electricity -- Trump did make a point of upper-casing his threat to suggest they would apply to everything. “On January 20 , as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25 per cent Tariff on ALL products coming into the United States, and its ridiculous Open Borders,” Trump wrote on his Truth Social network on November 24. The five top exports from Canada to the U.S., in order of value, are crude oil and refined petroleum products, automotive parts, natural gas, electricity, and lumber and wood products. Business groups and chambers of commerce in Canada are reacting to the threat with alarm. “A tariff of this magnitude will have significant consequences for B.C. businesses of all sizes and will negatively impact communities and workers across British Columbia,” said BC Chamber of Commerce president Fiona Famulak. “These proposed tariffs would have devastating consequences for our local businesses, further straining supply chains and diminishing the economic recovery we’ve worked so hard to achieve,” said Surrey Board of Trade spokesman Jasroop Gosal. “Some might say that the president-elect's tariff threat is meant to be provocative," Baiton said. “I would say it's expected. And Canada needs to remember how closely integrated our market is in the U.S. “Our supply chains are highly intertwined. In 2022, Canada exported, in U.S. dollars $438 billion to the US, and a significant portion of that – or 27 per cent of that -- Canada's merchandise exports to the U.S. were energy related, including oil, gas, electricity and uranium." What’s not well understood about Canada’s role in American energy security is the configuration of American oil refineries. Many of the large refineries in the U.S. – notably in the midwest and Gulf Coast -- are built to refine heavy crude, not the lighter oil produced in the U.S. in its shale oil sector. As a result of this, 61 per cent of the crude oil imported by the U.S. comes from Canada, according to the U.S. Energy Information Administration (EIA). Canadian heavy crude accounts for about 24 per cent of all crude oil consumption in the U.S. Depending on where oil prices are at, a 25 per cent tariff could add about $20 to the price of a barrel of oil for refiners, which would invariably result in higher prices for gasoline in the U.S. As for natural gas, in 2022, 99 per cent of American imports of natural gas were from Canada, according to the EIA, most of it from Alberta and B.C. The U.S. imported three trillion cubic feet of natural gas in 2022. Some of the natural gas now exported to the U.S. from Alberta and B.C. now feed LNG projects on the Gulf Coast, which would be affected by higher natural gas prices, as a result of tariffs. “Imposing tariffs on products like energy would cause chaos for our very integrated markets and our very integrated supply chains, and would have a devastating effect on Canada," Baiton said. "So whether that tariff threat comes to fruition or not, Canada is at a very real point of inflection.”From Maui to the Caribbean, Thanksgiving tournaments a beloved part of college basketball
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