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    Colorectal Cancer Screening Interval Could Be Extended

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    Credit: luismmolina/Getty Images

    Colonoscopy screening intervals could be extended for people without a family history of colorectal cancer (CRC), research suggests, allowing them to avoid unnecessary invasive examinations.

    The decade-long interval between screenings could potentially be extended to 15 years for those whose first colonoscopy is negative for the cancer, without resulting in major adverse consequences.

    The study, published in JAMA Oncology, adds to an evolving body of evidence that supports extending the historical 10-year screening interval for individuals at average CRC risk.

    ‘This study provides evidence for recommending a longer colonoscopy screening interval than what is currently recommended in most guidelines for populations with no familial risk of CRC,” report Mahdi Fallah, PhD, from the German Cancer Research Center in Heidelberg, and colleagues.

    CRC is the third most common cancer and second most common cause of cancer deaths in the world.

    Most colorectal cancer screening guidelines currently endorse a 10-year interval a colonoscopy with no abnormal findings, based on a consensus on the time frame for a benign tumor to transform into carcinoma.

    Noting that emerging evidence suggests this could be extended, the researchers studied the world’s largest complete nationwide family cancer dataset.

    Specifically, the team studied information on more than 110,000 people in Sweden with no family history of CRC and negative results on their first colonoscopy at age 45 to 69 years.

    A negative finding was defined as a first colonoscopy without a diagnosis of colorectal polyp, adenoma, carcinoma in situ, or colorectal cancer before or within 6 months after screening.

    These participants were compared with nearly two million matched control individuals who either did not have a colonoscopy during the follow-up or underwent colonoscopy that resulted in a CRC diagnosis.

    During a maximum of 29 years of follow-up, there were 484 incident cases of CRC and 112 CRC deaths among the group with negative colonoscopy findings, compared with figures of 21,778 CRC cases and 552 CRC deaths in the control group.

    Up to 15 years after a first colonoscopy that had negative results, the risks of CRC and CRC death remained lower than among control individuals.

    The 10-year cumulative risk of CRC by year 15 among participants with a first negative colonoscopy was 72% that of control individuals. For death from CRC, the 10-year cumulative risk was 55% that of the control group.

    Extending the screening interval from 10 to 15 years would miss only an estimated 2.4 additional CRC cases and 1.4 additional CRC deaths per 1000 individuals would occur, while potentially avoiding one colonoscopy per lifetime for each individual.

    Increasing the screening interval from 15 to 16 years, or even 20 years, did not avoid colonoscopies. In addition, it had the potential to increase harm, with missed invasive CRC cases rising from 2 to 4–12 cases per 1000 individuals, and CRC-specific deaths rising from 1 to 2–4 deaths per 1000 individuals.

    In an accompanying Comment article, Rashid Lui and Andrew Chan, PhD, both from the Chinese University of Hong Kong, say the findings question the “magic number” of 10 years.

    “Taken together, these data suggest that 15 years may be the optimal screening interval after a colonoscopy with negative results,” they write.

    However, Lui and Chan note that the study based on data collected in European populations.

    “Validation of these results in other settings is critical to generalize these findings globally, including parts of the world, such as Asia, in which widespread CRC screening has begun more recently,” they maintain.

    “Not only is it possible that the timing of the adenoma-carcinoma sequence may differ in non-European populations, but variation in the background incidence of CRC will significantly impact the number of incident CRCs prevented associated with a given screening interval.”

    Coinbase revenue soars by 72% to $1.6 billion, smashing analysts’ predictions

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    The largest U.S. cryptocurrency exchange posted first-quarter revenue of $1.6 billion, a 72% increase quarter on quarter. Reported net income for Coinbase was $1.18 billion (or $4.40 per share) and was fueled by a boost in transactions, thanks to the wider crypto market’s upswing, and by a favorable change to crypto accounting rules.

    Consumer transaction revenue doubled from the previous quarter, reaching $935.2 million, and volume was up over 93%, to $56 billion. Meanwhile, institutional trading saw even greater increases, with revenue up 133% from the previous quarter, to $85.4 million, and more than doubling in volume to $256 billion. Bitcoin made up a third of both consumer and institutional transactions.

    The figures, according to MSNBC, wildly beat analysts’ predictions of $1.34 billion in revenue and net income of $1.09 per share. Shares were down slightly in after-hours trading after gaining almost 9% to nearly $229 earlier on Thursday. A year ago, they traded for barely $51.

    To put the earnings into greater perspective, during the first quarter of last year, the company reported losses of $78.9 million (or 34 cents a share). Moreover, this Q1, Coinbase’s EBITDA(earnings before interest, taxes, depreciation, and amortization) was $1 billion—a number greater than all of last year. While the overall quarterly results were very strong, the outsize revenue figures was boosted by a one-time $737 million paper gain that came about because new accounting rules let crypto firms record increases in crypto prices to their balance sheet.

    “We made meaningful progress against our 2024 priorities of driving revenue, utility, and regulatory clarity,” the company wrote in a letter to shareholders that accompanied the quarterly report. “Our market share in U.S. spot and derivatives increased, we reached all-time highs on Coinbase Prime, and USDC market capitalization increased.”

    Following its launch in August, Base, the company’s Ethereum layer-2 chain from which Coinbase collects fees, brought in $56.1 million. It also saw twice as many transactions as Ethereum, and developer activity on the network was up by 800%. That same month, Coinbase also announced it was getting a minority stake in Circle, the issuer of stablecoin USDC, which grew by 30% in market capitalization in Q1. As a result, Coinbase’s subscriptions and services revenue were up by a third, which included a 15% increase in stablecoin revenue.

    While Coinbase may have diversified its revenue streams with Base and USDC, most of the recent gains are the result of favorable market conditions. For instance, during this quarter, the price of Bitcoin increased by 57%, reaching an all-time high of $73,000, owing to more than $50 billion entering 10 spot exchange-traded funds that were approved on Jan. 11 by the Securities and Exchange Commission.

    However, the company’s transaction expenses grew by 73%, to $217 million. Looking forward to Q2, the company estimates its overall expenses to be as high as $890 million, driven primarily by the elevated expenses associated with higher trading volumes, such as customer support and infrastructure costs, the company said in the report.

    Former Conservative chair blasts ‘gutter politics’ of Tory London mayoral candidate Susan Hall

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    A former Tory cabinet minister has accused the Conservative mayoral candidate for London of “gutter politics” following her controversial campaign.

    Former Conservative party chair and peer Sayeeda Warsi criticised mayoral candidate Susan Hall, who has been acccused of divisive politics and Islamophobia.

    Baroness Warsi – who served as Tory chair between 2010 and 2012 – said on X/Twitter: “Why is it that with every London Mayoral election we manage to find a candidate worse than the last and manage to sink that little bit more into gutter politics.

    “Look @andy4wm [Tory West Midlands mayor Andy Street] and learn @Conservatives – how inclusive and decent politics can be done. Be more #Street and less #Susan.”

    Mr Street’s mayorality is on a knife-edge as voters in the West Midlands went to the polls on Thursday.

    With the results of key mayoral contests yet to be declared, one Tory MP told The Independent that a move against Mr Sunak is “likely” if either Mr Street or Tees Valley mayor Ben Houchen lose their jobs.

    Speaking on his Political Currency podcast, former chancellor George Osborne said: “If Andy Street loses in the West Midlands, that’s pretty bad …[but] If Ben Houchen loses it will be armageddon – because at that point, people will say, ‘We are absolutely headed now for a massive landslide defeat’.”

    Baroness Warsi has slammed the Tory candidate for London mayor (PA Archive)

    Though it is widely expected that incumbent Labour mayor for London Sadiq Khan will keep his seat, some are anticipating the vote to be tighter than previously thought.

    Conservative officials think Ms Hall has a chance of beating Mr Khan, despite a controversial campaign filled with blunders and accusations of islamophobia and racism.

    Shadow health secretary Wes Streeting provoked ire when he said that a win for Susan Hall and the Conservatives is “a win for racists, white supremacists and Islamophobes the world over.”

    Mr Streeting was referencing a Ms Hall, joining a Facebook group which contained Islamophobic hate speech and abusive comments about her opponent.

    Baroness Warsi has been a outspoken critic of the Conservative’s party’s approach to tackling Islamophobia, having previously compared it to being in an “abusive relationship”.

    Her comments come as Rishi Sunak refused to say whether or not he would vote for Susan Hall in the mayoral election.

    A Conservative Party spokesman insisted the prime minister “has voted”, but declined to say where he voted, at what time, or if he had done so in person or by post. A Labour source said told the Mirror: “Is the Conservative candidate so toxic that even their own leader doesn’t want to admit he voted for her?”

    Fed Balance Sheet QT: -$1.60 Trillion from Peak, to $7.36 Trillion, Lowest since December 2020

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    Quantitative Tightening has removed 38% of Treasury securities and 27% of MBS that pandemic QE had added.

    By Wolf Richter for WOLF STREET.

    Total assets on the Fed’s balance sheet fell by $77 billion in April, to $7.36 trillion, the lowest since December 2020, according to the Fed’s weekly balance sheet today. Since the end of QE in April 2022, the Fed has shed $1.60 trillion.

    After months of talking about it, the Fed has now clarified officially when, how, and by how much it will slow QT. They’re trying to get the balance sheet down as far as possible without blowing anything up, and easy will do it, that’s the hope.

    • Starts in June
    • Cap for Treasury runoff reduced to $25 billion from $60 billion
    • Cap for MBS runoff unchanged at $35 billion
    • If MBS run off faster than $35 billion a month, then the excess will be replaced with Treasury securities, and not MBS.
    • MBS to essentially vanish from the balance sheet over the “longer term.”

    QT by category.

    Treasury securities: -$57 billion in April, -$1.25 trillion from peak in June 2022, to $4.52 trillion, the lowest since October 2020.

    The Fed has now shed 38% of the $3.27 trillion in Treasury securities that it had added during pandemic QE.

    Treasury notes (2- to 10-year securities) and Treasury bonds (20- & 30-year securities) “roll off” the balance sheet mid-month and at the end of the month when they mature and the Fed gets paid face value. The roll-off is capped at $60 billion per month, and about that much has been rolling off, minus the inflation protection the Fed earns on Treasury Inflation Protected Securities (TIPS) which is added to the principal of the TIPS.

    Treasury bills. Unchanged in April at $195 billion. These securities with terms of up to 1 year are included in the $4.52 trillion of Treasury securities on the Fed’s balance sheet. But they play a special role in QT.

    The Fed lets them roll off (doesn’t replace them when they mature) only if not enough longer-term Treasury securities mature to get to the $60-billion monthly cap. This allowed the Fed shed about $60 billion in Treasury securities every month.

    From March 2020 through the ramp-up of QT, the Fed held $326 billion in T-bills that it constantly replaced as they matured (flat line in the chart below).

    The slower QT starting in June will follow the same principle with T-bills. But the first month with a Treasury roll-off below the new cap of $25 billion is September 2025 ($17 billion). So T-bills will stay on the balance sheet unchanged at $195 billion until then, even as notes and bonds come off:

    Mortgage-Backed Securities (MBS): -$16 billion in April, -$368 billion from the peak, to $2.37 trillion, the lowest since July 2021. The Fed has shed 27% of the MBS it had added during pandemic QE.

    MBS come off the balance sheet primarily via pass-through principal payments that holders receive when mortgages are paid off (mortgaged homes are sold, mortgages are refinanced) and when mortgage payments are made.

    But sales of existing homes have plunged, and mortgage refinancing has collapsed, and so fewer mortgages got paid off, and passthrough principal payments to MBS holders, such as the Fed, have been reduced to a trickle, and the MBS are coming off the balance sheet at a pace that’s far below the $35-billion cap.

    Under the slower QT starting in June, the MBS cap remains at $35 billion. When the housing market unfreezes, and sales volume rises to more normal-ish levels, mortgage payoffs will increase, and therefore passthrough principal payments to MBS holders will increase, and the MBS roll-off will increase from current levels, and the curve in the chart below will steepen.

    If pass-through principal payments exceed $35 billion – during the pandemic housing boom, they exceeded $110 billion in many months – the overage will be replaced with Treasury securities, not MBS, as the Fed wants to phase out the MBS on its balance sheet.

    Bank liquidity facilities.

    Discount Window: +$1.3 billion in April, to $6.8 billion. During the bank panic in March 2023, loans had briefly spiked to $153 billion.

    The Discount Window is the Fed’s classic liquidity supply to banks. The Fed currently charges banks 5.5% in interest on these loans – one of its five policy rates – and demands collateral at market value, which is expensive money for banks, and there’s a stigma attached to borrowing at the Discount Window, and so banks don’t use this facility unless they need to, though the Fed has been exhorting them to make more regular use of this facility.

    Bank Term Funding Program (BTFP): -$6.4 billion in April, to $124 billion.

    Cobbled together over a panicky weekend in March 2023 after SVB had failed, the BTFP had a fatal flaw: Its rate was based on a market rate. When Rate-Cut Mania kicked off in November 2023, market rates plunged even as the Fed held its policy rates steady, including the 5.4% it pays banks on reserves. Some smaller banks then used the BTFP for arbitrage profits, borrowing at the BTFP at a lower market rate and then leaving the cash in their reserve account at the Fed to earn 5.4%. This arbitrage caused the BTFP balances to spike to $168 billion.

    Frustrated by seeing the BTFP abused for profits, the Fed shut down the arbitrage opportunity in January by changing the rate. It also let the BTFP expire on March 11. Loans that were taken out before March 11 can still be carried for a year. By March 11, 2025, the BTFP will be zero.

    The balance sheet after 12 months of slower QT.

    In May, the Fed will shed another $75 billion or so in assets, which will bring the balance sheet down to roughly $7.28 trillion. In June, the slower QT sets in. After the first 12 months of slower QT, so by the end of May 2025, total assets might be lower by these amounts:

    • If MBS passthrough principal payments continue at $15 billion a month, instead of speeding up, it would remove $180 billion by the end of May 2025.
    • The $25 billion in Treasury roll-off would remove $300 billion by the end of May 2025.
    • The BTFP will go to zero by March 2025, which will mop up $124 billion.
    • Unamortized premiums are taking off $2.2 billion a month, or $26 billion in 12 months.
    • Total: minus $630 billion by end of May 2025.

    So without acceleration of the MBS roll-off, the balance sheet would be down to about $6.63 trillion by the end of May 2025.

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    Why Yes-or-No Questions on Abortion Rights Could Be a Key to 2024

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    As Democrats confront a presidential race against a resurgent and resilient Donald J. Trump as well as a brutally challenging Senate map, they believe they have an increasingly powerful political weapon: ballot measures to protect abortion rights.

    Two crucial presidential and Senate battlegrounds, Arizona and Nevada, are expected to put such measures directly before voters. So are other states with top Senate races, including Maryland and potentially Montana. And abortion rights measures are set or could appear on ballots in states like New York, Florida and Nebraska, where competitive contests could help determine whether Democrats win back the House.

    Hopeful Democrats — and worried Republicans — are acutely aware that in all seven states where abortion has been put directly to voters since the Supreme Court overturned Roe v. Wade, the abortion rights side has won, in both red states like Ohio and Kansas as well as swing states like Michigan. Those measures have sometimes fueled surges in liberal turnout that have lifted Democratic candidates to victory, as well.

    So in every state where an abortion measure is already on the 2024 ballot or could yet appear, Democratic candidates, state parties and allied groups are campaigning furiously alongside the ballot initiatives, running ads, helping pour money behind them and bringing up the measures in speech after speech.

    In Arizona, where Democrats are trying to flip the Legislature, the party’s candidates have gone so far as to collect signatures for the state’s ballot measure as they knock on voters’ doors.

    “When the abortion petition initiative came out, it was a no-brainer that I would carry it with me,” said Brandy Reese, a Democrat running for the Arizona House who said she had gathered dozens of signatures while campaigning. “I introduce myself as a pro-choice candidate running, and you can instantly tell in people’s body language that they’re excited to hear that.”

    The wave of abortion referendums — some of which are not officially on the ballot yet but most of which have enough signatures to get there, according to organizers — is adding new unpredictability to an election season already convulsed by Mr. Trump’s criminal cases and wrenching questions about the future of the country’s democracy.

    With polls showing that a majority of Americans think abortion should be legal in all or most cases, the measures could serve as a political life raft at a time when President Biden faces stubbornly low approval ratings and skepticism within his party. Democrats hope the ballot initiatives will increase turnout among core voters like suburban women, young people and African Americans.

    “The ballot initiatives are well-funded and well-organized efforts,” said Christina Freundlich, a Democratic strategist. “It’s creating a tremendous sense of energy not only within the Democratic Party but with voters across the board.”

    Party leaders are echoing that message.

    “Momentum is on our side,” Vice President Kamala Harris said at an abortion rights event on Wednesday in Jacksonville, Fla. “Just think about it: Since Roe was overturned, every time reproductive freedom has been on the ballot, the people of America voted for freedom.”

    Beyond electoral politics, the ballot initiatives regarding abortion have driven huge interest and turnout because of their direct impact on voters’ lives. In Florida, for example, a newly enforced ban on nearly all abortions in the state has cut off a critical access point to patients across the Southeast. In Arizona, lawmakers this week repealed a near-total ban on abortions — but the state is now set to enforce a 15-week ban with no exceptions for rape or incest.

    Medical practitioners have also expressed concerns about facing criminal penalties under the bans.

    “The fear of that is just devastating,” said Mona Mangat, board chair of the Committee to Protect Health Care, an advocacy group that is supporting ballot initiatives in several states. “It’s going to be devastating for practitioners and devastating for patients.”

    Ms. Mangat said the restrictions could affect whether doctors wanted to move to those states to practice medicine or attend residency programs.

    In Nevada, abortion is legal within the first 24 weeks of pregnancy. Organizers there are collecting signatures to place an amendment on the ballot that would establish a right to an abortion in the State Constitution. Key Democrats in the state, including Senator Jacky Rosen, who is facing a close re-election fight, have signed onto the petition.

    Representative Dina Titus, another Nevada Democrat, said in an interview that the amendment would still motivate voters to turn out, especially young people, even without the driving force of overturning far-reaching restrictions.

    “We’ll talk about it in terms of how this will really protect women,” Ms. Titus said. “And we’ll use it to attract young women and just young people generally to the polls, because they will suddenly realize something they took for granted is not going to be available.”

    Republican candidates and their allies have appeared reluctant to directly campaign against ballot measures to protect abortion rights, though some G.O.P. leaders have voiced opposition. In Ohio, Gov. Mike DeWine recorded a video opposing the state’s initiative last year, and in Florida, Gov. Ron DeSantis has said the current ballot measure is too broad. “To nuke parental consent for minors is totally unacceptable,” he said at an event last month.

    Some Republicans openly worry that restrictive measures like Florida’s may play into the hands of Democrats, given how abortion referendums in recent cycles have unfolded.

    “Kansas and Ohio to me is what everyone should be looking at,” said Vicki Lopez, a state representative from Miami who was one of a handful of Republican legislators to vote against Florida’s six-week ban. Voters will now decide in November whether to add a right to an abortion to the State Constitution, with a question known as Amendment Four. “This will be a test.”

    But Ms. Lopez added that it would be a mistake to assume that “everyone who votes for Amendment Four is actually going to then vote for Biden.”

    Regardless, Democrats believe they have the advantage. In a memo last month, the Democratic Congressional Campaign Committee wrote that “reproductive freedom will remain a driving issue for voters this November” and that the group would “ensure that House Republicans’ efforts to ban abortion nationwide are top of mind as voters head to the polls.”

    The D.C.C.C. said it had identified 18 competitive House seats in states where abortion measures are likely to be on the ballot. Republicans are trying to protect a slim House majority.

    Money for the ballot measures has cascaded in from both major liberal groups and small donors. Some so-called dark money organizations, whose donors are not disclosed, have contributed millions, including the Open Society Policy Center, the Sixteen Thirty Fund and the Fairness Project. Other advocacy groups, like Planned Parenthood and the American Civil Liberties Union, have also contributed seven figures.

    Think Big America, an abortion rights group started by Gov. J.B. Pritzker of Illinois, has spent heavily to support abortion initiatives. After Mr. Pritzker and the group combined to drop $1 million in Ohio last year, Think Big America has spent $1.25 million in Nevada and Arizona. It has also made what it called a “quick investment” of $500,000 in Montana, where the issue is not yet on the November ballot, and donated $500,000 in Florida.

    “This has a power to not only turn out Democrats but also make sure that folks that are on the fence — swing voters, independents, persuadable voters — are coming over to the side that has had a longstanding belief in reproductive freedom,” said Michael Ollen, the executive director of Think Big America.

    In Arizona, Gov. Katie Hobbs has directed her well-funded state political action committee, Arizona Communities United, to focus heavily on the ballot initiative.

    Ms. Hobbs, who has navigated slim Republican majorities in the Legislature for the first two years of her term, has made flipping both chambers a main goal for 2024, and she views the ballot measure as a central part of that effort.

    In Nevada, the Biden campaign has invited ballot initiative organizers to collect signatures at events featuring Jill Biden and Ms. Harris.

    Giving a speech in the state last month, Ms. Harris thanked the signature gatherers in the audience. They responded by holding up their clipboards and cheering.

    “We’re going to win this ballot initiative,” the vice president said. “And Joe Biden and I are going back to the White House.”

    Patricia Mazzei contributed reporting.

    Hamas is sending a delegation to Egypt for further cease-fire talks in the latest sign of progress

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    BEIRUT (AP) — Hamas said Thursday that it was sending a delegation to Egypt for further cease-fire talks, in a new sign of progress in attempts by international mediators to hammer out an agreement between Israel and the militant group to end the war in Gaza.

    After months of stop-and-start negotiations, the cease-fire efforts appear to have reached a critical stage, with Egyptian and American mediators reporting signs of compromise in recent days. But chances for the deal remain entangled with the key question of whether Israel will accept an end to the war without reaching its stated goal of destroying Hamas.

    The stakes in the cease-fire negotiations were made clear in a new U.N. report that said if the Israel-Hamas war stops today, it will still take until 2040 to rebuild all the homes that have been destroyed by nearly seven months of Israeli bombardment and ground offensives in Gaza. It warned that the impact of the damage to the economy will set back development for generations and will only get worse with every month fighting continues.

    The proposal that U.S. and Egyptian mediators have put to Hamas -– apparently with Israel’s acceptance — sets out a three-stage process that would bring an immediate six-week cease-fire and partial release of Israeli hostages, but also negotiations over a “permanent calm” that includes some sort of Israeli withdrawal from Gaza, according to an Egyptian official. Hamas is seeking guarantees for a full Israeli withdrawal and complete end to the war.

    Hamas officials have sent mixed signals about the proposal in recent days. But on Thursday, its supreme leader, Ismail Haniyeh, said in a statement that he had spoken to Egypt’s intelligence chief and “stressed the positive spirit of the movement in studying the cease-fire proposal.”

    The statement said that Hamas negotiators would travel to Cairo “to complete the ongoing discussions with the aim of working forward for an agreement.” Haniyeh said he had also spoken to the prime minister of Qatar, another key mediator in the process.

    The brokers are hopeful that the deal will bring an end to a conflict that has killed more than 34,000 Palestinians, according to local health officials, caused widespread destruction and plunged the territory into a humanitarian crisis. They also hope a deal will avert an Israeli attack on Rafah, where more than half of Gaza’s 2.3 million people have sought shelter after fleeing battle zones elsewhere in the territory.

    If Israel does agree to end the war in return for a full hostage release, it would be a major turnaround. Since Hamas’ Oct. 7 attack stunned Israel, its leaders have vowed not to stop their bombardment and ground offensives until the militant group is destroyed. They also say Israel must keep a military presence in Gaza and security control after the war to ensure Hamas doesn’t rebuild.

    Publicly at least, Israeli Prime Minister Benjamin Netanyahu continues to insist that is the only acceptable endgame.

    He has vowed that even if a cease-fire is reached, Israel will eventually attack Rafah, which he says is Hamas’ last stronghold in Gaza. He repeated his determination to do so in talks Wednesday with U.S. Secretary of State Antony Blinken, who was in Israel on a regional tour to push the deal through.

    The agreement’s immediate fate hinges on whether Hamas will accept uncertainty over the final phases to bring the initial six-week pause in fighting — and at least postpone what it is feared would be a devastating assault on Rafah.

    Egypt has been privately assuring Hamas that the deal will mean a total end to the war. But the Egyptian official said Hamas says the text’s language is too vague and wants it to specify a complete Israeli pullout from all of Gaza. The official spoke on condition of anonymity to talk about the internal deliberations.

    On Wednesday evening, however, the news looked less positive as Osama Hamdan, a top Hamas official, expressed skepticism, saying the group’s initial position was “negative.” Speaking to Hezbollah’s Al-Manar TV, he said that talks were still ongoing but would stop if Israel invades Rafah.

    Blinken hiked up pressure on Hamas to accept, saying Israel had made “very important” compromises.

    “There’s no time for further haggling. The deal is there,” Blinken said Wednesday before leaving for the U.S.

    An Israeli airstrike, meanwhile, killed at least five people, including a child, in Deir al-Balah in central Gaza. The bodies were seen and counted by Associated Press journalists at a hospital.

    The war broke out on Oct. 7. when Hamas militants broke into southern Israel and killed over 1, 200 people, mostly Israelis, taking around 250 others hostage, some released during a ceasefire on November.

    The Israel-Hamas war was sparked by the Oct. 7 raid into southern Israel in which militants killed around 1,200 people, mostly civilians, and abducted around 250 hostages. Hamas is believed to still hold around 100 hostages and the remains of more than 30 others.

    Since then, Israel’s campaign in Gaza has wreaked vast destruction and brought a humanitarian disaster, with several hundred thousand Palestinians in northern Gaza facing imminent famine, according to the U.N. More than 80% of the population has been driven from their homes.

    The “productive basis of the economy has been destroyed” and poverty is rising sharply among Palestinians, according to the report released Thursday by the United Nations Development Program and the Economic and Social Commission for Western Asia.

    It said that in 2024, the entire Palestinian economy -– including both Gaza and the West Bank -– has so far contracted 25.8%. If the war continues, the loss will reach a “staggering” 29% by July, it said. The West Bank economy has been hit by Israel’s decision to cancel the work permits for tens of thousands of laborers who depended on jobs inside Israel.

    “These new figures warn that the suffering in Gaza will not end when the war does,” said UNDP administrator Achim Steiner. He warned of a “serious development crisis that jeopardizes the future of generations to come.”

    ___

    Lee Keath reported from Cairo, and Sam Mednick from Tel Aviv, Israel.

    Wear OS’s big comeback continues; might hit half of Apple Watch sales

    Enlarge / The Samsung Watch 6 classic.

    Samsung

    Wear OS was nearly dead a few years ago but is now on a remarkable comeback trajectory, thanks to renewed commitment from Google and a hardware team-up with Samsung. Wear OS is still in a distant second place compared to the Apple Watch, but a new Counterpoint Research report has the wearable OS at 21 percent market share, with the OS expected to hit 27 percent in 2024.

    Counterpoint’s market segmentation for this report is basically “smartwatches with an app store,” so it excludes cheaper fitness bands and other, more simple electronic watches. We’re also focusing on the non-China market for now. The report has Apple’s market share at 53 percent and expects it to fall to 49 percent in 2024. The “Other” category is at 26 percent currently. That “Other” group would have to be Garmin watches, a few remaining Fitbit smartwatches like the Versa and Ionic, and Amazfit watches. Counterpoint expects the whole market (including China) to grow 15 percent in 2024 and that a “major part” of the growth will be non-Apple watches. Counterpoint lists Samsung as the major Wear OS driver, with OnePlus, Oppo, Xiaomi, and Google getting shout-outs too.

    2023 are actual numbers, while 2024 is a forecast.
    Enlarge / 2023 are actual numbers, while 2024 is a forecast.

    China is a completely different world, with Huawei’s HarmonyOS currently dominating with 48 percent. Counterpoint expects the OS’s smartwatch market share to grow to 61 percent this year. Under the hood, HarmonyOS-for-smartwatches is an Android fork, and for hardware, the company is gearing up to launch an Apple Watch clone. Apple is only at 28 percent in China, and Wear OS is relegated to somewhere in the “Other” category. There’s no Play Store in China, so Wear OS is less appealing, but some Chinese brands like Xiaomi and Oppo are still building Wear OS watches.

    For chipsets, Apple and Samsung currently hold a whopping two-thirds of the market. Qualcomm, which spent years strangling Wear OS, is just starting to claw back market share with releases like the W5 chipset. Of course, Samsung watches use Samsung chips, and so does the Pixel Watch, so the only places for Qualcomm watches are the Chinese brands with no other options: Xiaomi, Oppo, and OnePlus.

    The Rolling Stones are set to rock New Orleans Jazz Fest after two previous tries

    NEW ORLEANS (AP) — The New Orleans Jazz & Heritage Festival is usually akin to a 14-ring musical circus — a variety of musical acts playing simultaneously on stages spread throughout the sprawling infield and grandstand of a historic horse racing track.

    That changes Thursday afternoon, when 13 stages go silent before The Rolling Stones make their first appearance at the 54-year-old festival.

    “We didn’t want to have 13 empty stages and no people in front of them when the Stones start singing favorites like ‘(I Can’t Get No) Satisfaction’ and ‘Jumpin’ Jack Flash,’ ” festival producer Quint Davis told The Associated Press ahead of the festival. “Everyone who bought a ticket for that day primarily bought one to see The Stones.”

    Jazz Fest is the second stop for the Stones on their Hackney Diamonds tour, launched in support of the well-received album they released last year, their first album of original material in 18 years. They had been scheduled to appear at the 50th Jazz Fest in 2019 but had to cancel because of Mick Jagger’s heart surgery. A subsequent planned appearance was scrubbed in 2021 when the festival was canceled because of the COVID-19 pandemic.

    When the gates opened under an overcast sky and slight breeze, hundreds of fans poured onto the festival grounds, most wearing T-Shirts with the Rolling Stones’ signature “lips with tongue out” logo or one emblazoned with just the band’s name.

    “I was torn between seeing them before they die or seeing them before I do,” Nathan “Bam” Schulman, 75, an acupuncturist from Eugene, Oregon, said laughing.

    Schulman said he had seen the Stones perform years ago in Oakland, California, but looked forward to Thursday’s performance.

    “They’re such an inspiration,” he said. “I look back at them and remember a time of adventure, a time of being whoever you want to be, a time of being myself and when we’d say ‘Screw the establishment.’ They inspire me to keep on living.”

    Vickie Clay, 38, who works in the auto industry in New Orleans, said seeing the Stones in person “was on her bucket list.”

    “It will be my first time seeing them,” she said. “I hope Mick Jagger does his ‘chicken dance’ moves, but whatever he does will be worth every penny.”

    Kerry Dantzig, 54, of San Francisco, said she regularly attends Jazz Fest “for the food, for the music and to meet up with old friends.”

    “I’m hoping Mick and the Stones sound good,” said a smiling Dantzig, who works in the insurance industry. “I mean, they’re 80 years old, you know? Still, I can’t wait to see Mick Jagger shaking his caboose.”

    Henri Lellouche, 63, a retired advertising executive from Fairfield, Connecticut, said he has seen the band perform previously and added that it was a good idea to combine them with Jazz Fest.

    “I haven’t heard a lot of their new stuff. But I love the older music, the blues tinge, and I love watching them perform. I mean it’s hard to believe they’re the same age as Joe Biden,” he said.

    Fans of New Orleans rhythm and blues artists will be watching to see if the legendary group perform “Time Is On My Side,” which was an early hit for the band. New Orleans soul queen Irma Thomas had success with the song in an earlier recording, and Thomas told WVUE-TV in an interview that “there’s a possibility” she might perform it with the band.

    Thursday’s weather for the outdoor festival is a little sketchy. Forecasts show a mostly cloudy skyline, with temperatures in the mid-80s Fahrenheit (around 30 Celsius). But there’s up to a 40% chance of rain in the afternoon.

    Dumpstaphunk, a funk-fusion band born in New Orleans with descendants from the city’s well-known Neville family, plays just before the Stones hit the festival’s largest stage. Dumpstaphunk is mourning the recent death of bassist Nick Daniels III, a co-founder of the group who died Sunday. A cause of death has not been released.

    Cancer Daily Horoscope Today, May 3, 2024 predicts a healthy lifestyle

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    Cancer – (21st June to 22nd July)

    Daily Horoscope Prediction says, today is about stepping out of your comfort zone, Cancer.

    Today is about stepping out of your comfort zone, Cancer. Expect opportunities for growth in love, career, and personal development. For Cancerians, today promises to be a day of opportunities and challenges that spur growth. You are encouraged to embrace new experiences with an open heart. Whether it’s making strides in your career, navigating the dynamics of your personal relationships, or managing your finances wisely, today is about growth and stepping confidently into unknown territories.

    Cancer Love Horoscope Today:

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    Love is in the air, but it requires effort. Whether you are single or in a relationship, today challenges you to communicate more openly and honestly. Misunderstandings might arise, but they serve as stepping stones towards a deeper understanding and connection. Single Cancers might find themselves facing the exciting prospect of new beginnings, so be open to meeting new people. Couples should focus on nurturing their bonds by spending quality time together.

    Cancer Career Horoscope Today:

    In your professional life, today calls for innovation and assertiveness. A project or task may demand more of your creativity and might even challenge your usual methods of working. Embrace these challenges, as they are opportunities for you to showcase your unique skills and to stand out. Be open to feedback and collaboration; these could open doors to unexpected career advancements or new projects.

    Cancer Money Horoscope Today:

    Financial wisdom is your ally today. You might encounter opportunities for financial growth, but it’s essential to approach them with caution. Do your research before making any significant investments or financial decisions. Today is also an excellent day for budgeting and planning future expenditures. Staying informed and being prudent with your resources will ensure long- term security.

    Cancer Health Horoscope Today:

    Health takes center stage today, urging you to focus on self-care and wellbeing. Physical activity, especially those that relax the mind as well as the body, will be beneficial. Consider yoga or a long walk to clear your mind. Remember, mental health is just as important, so make time for activities that you enjoy and that allow you to destress. A balanced diet will complement your efforts towards a healthier lifestyle.

    Cancer Sign Attributes

    •  Strength: Intuitive, Practical, Kind, Energetic, Artsy, Dedicated, Benevolent, Caring
    •  Weakness: Insatiable, Possessive, Prudish
    •  Symbol: Crab
    •  Element: Water
    •  Body Part: Stomach & Breast
    •  Sign Ruler: Moon
    •  Lucky Day: Monday
    •  Lucky Color: White
    •  Lucky Number: 2
    •  Lucky Stone: Pearl

     

    Cancer Sign Compatibility Chart

    •  Natural affinity: Taurus, Virgo, Scorpio, Pisces
    •  Good compatibility: Cancer, Capricorn
    •  Fair compatibility: Gemini, Leo, Sagittarius, Aquarius
    •  Less compatibility: Aries, Libra

     

    By: Dr. J. N. Pandey

    Vedic Astrology & Vastu Expert

    E-mail: djnpandey@gmail.com

    Phone: 9811107060 (WhatsApp Only)

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    Read Daily Astrology and Horoscope Today latest updates alogwith Festival Calender 2024 and Angel number predictions for all zodiac sign.

    Hamilton: Prospect of working with Newey at Ferrari a ‘privilege’

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    MIAMI – Lewis Hamilton said he would “very much” like F1 design legend Adrian Newey to join him at Ferrari in the future.

    Wednesday’s announcement that Newey will leave Red Bull in early 2025 has set up the tantalising prospect of a move to Ferrari, where he has never worked before.

    Last year, Newey, 65, said he regrets never building a car for Hamilton; as the seven-time world champion joins Ferrari next season, the prospect could materialise in 2026.

    Asked if he wants to see Newey join him at Ferrari down the line, Hamilton told reporters on Thursday, ahead of the Miami Grand Prix: “Adrian’s got such a great history, track record, and he’s obviously just done an amazing job throughout his career in engaging with teams and the knowledge that he has.

    “I think he would be an amazing addition [to Ferrari]. I think they’ve already got a great team, they’re already making huge progress and strides forward — their car is quicker this year — but yeah it would be a privilege to work with him.”

    Hamilton refused to be drawn on whether he has talked to Ferrari chairman John Elkann about signing Newey, but left little doubt it is something he wants to see in future.

    “It’s very much private conversation stuff,” he said. “If I was to do a list of people I would like to work with he would absolutely be at the top of it. But I don’t know. We’ll see.”

    – Unlapped: Listen to ESPN’s F1 podcast

    The closest Hamilton got to working with Newey was at the start of his career when he joined McLaren in 2007. Newey had left for Red Bull the year before, but Hamilton said he still managed to get a taste of working with the man who has gone on to be sport’s most successful designer.

    “Just from my perspective when I joined McLaren it was an evolution of his car. I got there just after he left. That car had evolved from a concept he had worked on. I felt privileged I had the chance to touch something he worked on.”

    Before Red Bull, where he’s overseen six constructors’ and seven drivers’ championships, Newey had title-winning spells with Williams and McLaren in the 1990s. His departure is a big moment for the Red Bull team which is currently dominating the sport.

    There is still uncertainty over whether Red Bull can keep world champion Max Verstappen in the long-term but Hamilton downplayed the impact Newey’s departure will have on their current success.

    He said: “Racing against a team he’s [Newey] been so heavily a part of for the years has been a massive challenge. I think we always need to remember there’s a lot of people in the background … it’s not one person, it’s a whole team of people who do the job.

    “Of all the amazing experience he brings to the team, the people he works with will continue to do an amazing job and I don’t anticipate Red Bull not building great cars going forward. But any team would be fortunate to have the opportunity to work with him.”