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WASHINGTON (AP) — The Biden administration has imposed sanctions on the founder of Georgia’s ruling political party, which has steered the country away from a pro-Western stance and towards Russia, U.S. officials said Friday. The State and Treasury departments said they hit Georgian Dream party founder and honorary chairman Bidzina Ivanishvili with penalties “for undermining the democratic and Euro-Atlantic future of Georgia for the benefit of the Russian Federation,” according to a statement. The designation of Ivanishvili is the latest in a series of sanctions the U.S. has slapped on Georgian politicians, lawmakers and others this year. Those sanctions include freezes on assets and properties those targeted may have in U.S. jurisdictions or that might enter U.S. jurisdictions as well as travel bans on the targets and members of their families. “We strongly condemn Georgian Dream’s actions under Ivanishvili’s leadership, including its ongoing and violent repression of Georgian citizens, protestors, members of the media, human rights activists, and opposition figures,” the State Department said in a statement. “The United States is committed to promoting accountability for those undermining democracy and human rights in Georgia.” Ivanishvili is a shadowy billionaire who made his fortune in Russia and served briefly as Georgia’s prime minister. In 2012, he founded Georgian Dream, Georgia’s longtime ruling party. Critics have accused Georgian Dream of becoming increasingly authoritarian and tilted toward Moscow. The party recently pushed through laws similar to those used by the Kremlin to crack down on freedom of speech and LGBTQ+ rights, prompting the European Union to suspend Georgia’s membership application process indefinitely. In October, Georgian Dream won another term in a divisive parliamentary election that has led to more mass protests. Last month, the country’s prime minister, Irakli Kobakhidze , announced a four-year suspension of talks on Georgia’s bid to join the European Union, fueling further public outrage.
B. Metzler seel. Sohn & Co. Holding AG purchased a new position in shares of Vertiv Holdings Co ( NYSE:VRT – Free Report ) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 8,735 shares of the company’s stock, valued at approximately $869,000. Several other hedge funds and other institutional investors have also recently made changes to their positions in VRT. Krane Funds Advisors LLC acquired a new position in Vertiv during the 3rd quarter valued at about $29,000. Anchor Investment Management LLC acquired a new position in shares of Vertiv during the second quarter valued at about $26,000. Global Trust Asset Management LLC purchased a new position in shares of Vertiv in the 3rd quarter valued at approximately $30,000. Mather Group LLC. boosted its stake in Vertiv by 132.5% in the 2nd quarter. Mather Group LLC. now owns 351 shares of the company’s stock worth $29,000 after purchasing an additional 200 shares in the last quarter. Finally, ORG Wealth Partners LLC purchased a new stake in Vertiv during the 3rd quarter worth approximately $36,000. Hedge funds and other institutional investors own 89.92% of the company’s stock. Wall Street Analysts Forecast Growth Several equities research analysts have recently commented on VRT shares. JPMorgan Chase & Co. lifted their price objective on shares of Vertiv from $124.00 to $132.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 19th. Oppenheimer lifted their price target on Vertiv from $121.00 to $131.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 19th. Mizuho increased their price objective on Vertiv from $125.00 to $145.00 and gave the company an “outperform” rating in a report on Tuesday, November 19th. The Goldman Sachs Group lifted their target price on Vertiv from $126.00 to $140.00 and gave the stock a “buy” rating in a report on Tuesday, November 19th. Finally, Citigroup lifted their price objective on shares of Vertiv from $134.00 to $141.00 and gave the company a “buy” rating in a research note on Tuesday, November 19th. Ten investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Vertiv currently has an average rating of “Buy” and an average price target of $138.50. Vertiv Trading Down 0.9 % Shares of Vertiv stock opened at $140.15 on Friday. The firm has a 50-day simple moving average of $110.94 and a two-hundred day simple moving average of $95.20. The company has a debt-to-equity ratio of 1.60, a quick ratio of 1.02 and a current ratio of 1.38. Vertiv Holdings Co has a fifty-two week low of $41.01 and a fifty-two week high of $145.67. The company has a market cap of $52.60 billion, a P/E ratio of 93.43, a price-to-earnings-growth ratio of 1.45 and a beta of 1.58. Vertiv ( NYSE:VRT – Get Free Report ) last released its quarterly earnings results on Wednesday, October 23rd. The company reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.07. Vertiv had a return on equity of 55.33% and a net margin of 7.72%. The company had revenue of $2.07 billion during the quarter, compared to analysts’ expectations of $1.98 billion. During the same quarter in the prior year, the firm posted $0.52 EPS. Vertiv’s quarterly revenue was up 19.0% compared to the same quarter last year. As a group, equities analysts predict that Vertiv Holdings Co will post 2.69 earnings per share for the current fiscal year. Vertiv Increases Dividend The business also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Tuesday, December 3rd will be issued a $0.0375 dividend. This represents a $0.15 annualized dividend and a yield of 0.11%. The ex-dividend date is Tuesday, December 3rd. This is a positive change from Vertiv’s previous quarterly dividend of $0.03. Vertiv’s payout ratio is presently 6.67%. Insiders Place Their Bets In related news, insider Karsten Winther sold 44,924 shares of the business’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $79.99, for a total transaction of $3,593,470.76. Following the completion of the sale, the insider now directly owns 10,542 shares in the company, valued at approximately $843,254.58. The trade was a 80.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website . Also, insider Anand Sanghi sold 30,914 shares of the firm’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $141.46, for a total value of $4,373,094.44. Following the completion of the transaction, the insider now owns 19,448 shares in the company, valued at $2,751,114.08. The trade was a 61.38 % decrease in their position. The disclosure for this sale can be found here . Over the last ninety days, insiders sold 91,185 shares of company stock worth $10,074,936. Company insiders own 5.01% of the company’s stock. Vertiv Profile ( Free Report ) Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Read More Want to see what other hedge funds are holding VRT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vertiv Holdings Co ( NYSE:VRT – Free Report ). Receive News & Ratings for Vertiv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vertiv and related companies with MarketBeat.com's FREE daily email newsletter .Nackey S. Loeb School of Communications to offer free, online classes this winterNew Delhi, Nov 24 (PTI) Gold prices have breached Rs 80,000 per 10 grams levels in major Indian cities, recovering from the impact of Donald Trump's expected high tariff trade policy and a firm US dollar, analysts said. A flare-up in geopolitical tensions due to the Russia-Ukraine war is bolstering the precious metal, which crossed the USD 2,700 an ounce level in global markets, they added. The uncertainty surrounding the US economy and volatile stock markets are also driving inflows into the safe-haven, however, the US Federal Reserve's (Fed) cautious attitude towards policy interest rate and strong US dollar are acting as headwinds for the bullion, analysts stated. On the Multi Commodity Exchange (MCX), gold prices tanked Rs 6,775, or 8.5 per cent, to hit Rs 73,000 per 10 grams after Donald Trump's victory raised expectations of a restricted trade policy by the US. "Gold prices had fallen 8 per cent after the US election results. "The strengthening US dollar index which rose from USD 101 to 107.5 pressured gold immensely, while Trump's pro-cryptocurrency stance during his campaign diverted investor funds seeking higher returns," Jateen Trivedi, VP Research Analyst, Commodity and Currency at LKP Securities, said. Further, Trump's pledge to impose a 10 per cent tariff on all US imports further limits the Federal Reserve's ability to ease aggressively, adding to the downward pressure on gold, he said. However, recent missile attacks by Russia at the Ukrainian city of Dnipro heightened geopolitical tensions, bolstering the gold's appeal as safe haven investment. "Gold prices surged significantly as geopolitical tensions fuelled safe-haven demand, driven by renewed fears of nuclear risks in the ongoing Russia-Ukraine conflict," Trivedi added. Rising global unease pushed gold higher by USD 38 on Comex, closing at USD 2,707 per ounce, and by Rs 900 on MCX, reaching Rs 77,600 on Friday. "This sharp recovery highlights gold's resilience and its role in balancing portfolios during uncertain times," he said. In spot markets, the precious metal of 99.9 per cent purity surged Rs 1,100 to hit a two-week high of Rs 80,400 per 10 grams, while the price of gold of 99.5 per cent purity soared Rs 1,100, to reclaim the Rs 80,000-mark again on Friday. Meanwhile, in futures trade on the MCX on Friday, gold contracts for December delivery rose Rs 69, or 0.09 per cent, to close at Rs 77,685 per 10 grams. Gold regained lost ground, and a bullish sentiment remains intact and the precious metal is likely to trade in a range of Rs 77,000-78,300 on the MCX, analysts said. The ongoing wedding season in India is also pushing gold buying interest by jewellers and retailers, they added. "Wedding season is pivotal for our business, with bridal or wedding jewellery constituting a significant share of our sales. During the ongoing wedding season this year, we are witnessing healthy demand for bridal jewellery across all our stores in India," M P Ahammed, Chairman at Malabar Group, said. Key macroeconomic data, such as the Federal Open Market Committee (FOMC) meeting minutes, and the Personal Consumption Expenditures (PCE) price index, the Fed's preferred inflation gauge, to be released next week, which will play a critical role in investor sentiment towards the bullion, traders said. Market participants will also await the US Q3 GDP data that will provide further direction for the yellow metal, they added. (This story has not been edited by THE WEEK and is auto-generated from PTI)
In an average supermarket today, it is easier than ever to find vegan products to supplement your meals. There seems to be a name-brand replacement for every type of dairy, egg, and meat product that you could possibly ever want. And the range of choices is growing by the day. Jump to the list In fact, by 2030, the plant-based foods market is set to hit more than $162 billion, reports Bloomberg . But if you’re craving something meaty, you don’t always have to splash out on a vegan protein alternative. Instead, you could try a simple whole food, plant-based ingredient, like tofu or mushrooms, and get a similar meaty texture. Plus, they’re nutritious (and just as tasty, too!). Is vegan meat healthy? When compared with animal meat, research suggests that plant-based meat is the healthier option. In 2022, for example, one report published in Future Foods looked at 43 studies of plant-based foods and concluded that plant-based meat is healthier and more sustainable than animal products. Beyond Meat RELATED: Replace the Meat in These 6 Meaty Recipes With Seitan, the Easy Plant-Based Protein You Make From Wheat It’s a good source of protein , and can sometimes contain vitamins, but vegan meat is not perfect. “Despite the incredible advances that plant-based producers have made over recent years, there is still huge potential to improve their taste, texture, and how they cook,” report author Chris Bryant, PhD, said . “There’s also enormous potential to innovate with ingredients and processes to improve their nutritional properties—for example, by boosting vitamin content. So while vegan meat is considered by many to be better for you than animal meat, it still has a little way to go in terms of nutritional value. But good news: you can still get that meaty taste, and boost your nutrition simultaneously because there are plenty of meaty, nutritious whole-food ingredients to choose from. Find out more below! What tastes like meat, but isn’t meat? If you are new to a plant-based lifestyle, or even an experienced vegan looking to shake things up, search no further than these seven affordable, plant-based foods. All of these can be prepared and cooked to taste like meat, without the animals. BECOME A VEGNEWS VIP : Get exclusive product deals, freebies, and perks galore! Alexandra Shytsman 1 Tempeh Tempeh has become fairly standard in most supermarkets and hip all-day eateries, but what actually is it? Tempeh is a soybean-based plant protein that originated in Indonesia. Tempeh is a great replacement for bacon and tastes delicious in a BLT or as a side for your pancakes in the morning. It’s simple to prepare—just slice, season, and sautée—but if that sounds too intensive, you can find pre-seasoned variations in most grocery stores. All you have to do is warm it up in a skillet. Tempeh can be an awesome choice for picky eaters or newer vegans because it has a very inoffensive taste. While it does not aim to replicate the taste or exact texture of meat, with the right seasoning it can still hit the spot. As you begin to expand your plant-based palette, incorporating tempeh will help you increase your creativity and allow you to experience foods in new and interesting ways. Recipe: Miso-Mustard Tempeh Shay Boyd 2 Jackfruit Despite its status as a tropical fruit, jackfruit surprisingly makes another good substitute for meat. It is most often used as a pork substitute in dishes such as barbecue pulled pork or carnitas tacos. Cooking jackfruit is a bit more challenging than tempeh or tofu, but the tasty rewards are worth it. Alternatively, you can easily pick up a package of pre-prepared jackfruit that comes marinated and ready to heat and eat. Whether you have been plant-based for years or for days, if you have not yet added jackfruit to your diet, it is an essential must-try for your next meal plan. Recipe: Smoky Vegan BBQ Pulled Jackfruit Sliders Lauren Hartmann and Julie Grace 3 Tofu What kind of list would this be if it didn’t include the oldest and most universal of vegan meat analogs? Most people have at least tried tofu, but the majority do not realize how many different ways it can be prepared to enhance a meal. Tofu can be used to make plant-based versions of anything from frittatas to crêpes to ricotta. It can be used to substitute chicken, beef, eggs, and more. Even if you do not like tofu seasoned and crisped up by itself, it can also be blended, roasted, and mashed beyond recognition into something genuinely delicious. Tofu is arguably the most versatile of any vegan foods (perhaps any food in general), and even if you don’t like it one way, never give up on it, because you may find that with an open mind, it can be used to recreate your favorite meals. Recipe: Spicy Oven-Fried Tofu Quarry Books 4 Beans Here’s to the plant-based pioneers who gifted the world with the knowledge of the delicious diversity of the humble bean . Most omnivores are oblivious to its vast culinary applications, and it’s a darn shame. When seasoned, mashed, and combined with a vegetable or flax egg binder, beans can transform into meaty sausages, thick vegan meatloaf, or super moist vegan burgers. Beans can also replicate ground beef in the form of plant-based sloppy Joes . Spare yourself some time and purchase the canned variety—when you’re adding seasonings and other ingredients, few will be able to tell they’re not homemade. Stock up on black beans, pinto beans, garbanzo beans, lentils, and more to begin your at-home bean butchery. Recipe: Spicy Ancho-Spiced Barbecue Burgers Terry Hope Romero 5 Seitan Technically, seitan is a type of wheat , but it is far from the array of carbs you find lining the bread aisle. Seitan is yet another great protein-packed vegan meat substitute, and it excels in imitating the texture of chicken. It is possible to make your own seitan from a bag of vital wheat gluten, vegetable broth, and spices, but it’s far easier to purchase plain (or even marinated) seitan from the store, as the seitan-making process takes several hours. Like many plant-based foods, seitan takes on the seasoning, marinade, and sauce that accompanies it, making the culinary possibilities extend as far as your spice cabinet. You can cook it how you want, season it how you want, and throw whatever sauce you like on it to satisfy your current cravings. Foods like this make being vegan not just easy, but more delicious than you ever could have imagined. Recipe: Vegan White Bean and Seitan Pozole Nadine Horn and Jörg Mayer 6 Mushrooms Mushrooms are delicious, nutritious, versatile, and pretty meaty too. King oyster mushrooms, in particular, have a soft, meaty texture, and they’re rich in fiber and protein, as well as vitamins and minerals. Portabella, lion’s mane, and chicken of the woods are a few more examples of meaty mushrooms. (In fact, the latter gets its name from its texture and flavor, which is very similar to chicken.) For more on how to cook with mushrooms, we’ve put together a guide on how best to use 15 different types in vegan cooking. Recipe: Tangy Vegan Grilled King Oyster Mushroom Skewers Dustin Harder 7 Cauliflower It might seem unlikely, but trust us: when prepared and cooked in the right way, cauliflower can resemble meat. When it is ground up with walnuts and spices, for example, it can form a tasty taco meat that tastes just like ground beef, only it’s totally plant-based and bursting with nutrients, like fiber, vitamin C, vitamin K, and vitamin B6. And, while it’s not totally identical, cauliflower can also make a good chicken wing alternative too, particularly when it’s coated in crunchy, crispy batter, and the right blend of herbs and spices. Recipe: Vegan Everything Buffalo Cauliflower Bites DON'T MISS OUT : Get breaking news, recipes, and our weekly vegan deal by signing up for our FREE VegNewsletter 8 Healthy Vegan Snack Swaps How to Replace Chicken Eggs in Cooking, Baking, and More The Comprehensive Guide to Vegan Butter JUMP TO ... Latest News | Recipes | Guides | Health | Shop
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