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According to the News and Media Law of Myanmar, enacted in March 2014, the following objectives have been set for media development in the country: (1) To develop media entities that enjoy freedom of expression under the Constitution of 2008. (2) The media industry stands tall as the fourth pillar of the nation. (3) To ensure the rights and freedom of the media workers (4) To define and set up responsibilities, ethics, discipline and best practices of media personnel. (5) To fulfil the rights of every citizen for information access. (6) To act as a mediator between the complainant and media entity to peacefully resolve the dispute. We are here to evaluate how many of these objectives are being met and assess what could be the future of media going forward in the country. Know Yourself Know the Other Side Based on how things stand right now, freedom of expression could possibly be seen as the concept of the past. And it is definitely not brought about by the government. False accusations, fake news, fallacious allegations, fictitious accounts of stories and false-hearted social punishments have propelled many into beliefs that press freedom is secondary to peace, stability and development and that Myanmar people do not deserve the freedom of expression at this very moment. Many countries have prospered and stood tall, despite the apparent lack of freedom of the press; Singapore, Vietnam, China, and Malaysia just to name a few. Sun Tzu’s famous words of wisdom started with, ‘Know yourself, know the other side and you will not be defeated’. The strength of the country is embedded within but not appropriately extracted; we have a relatively young population, but their youthfulness and zeal are mainly being exploited in Thailand. We have lots of precious hardwood trees, but revenues from their sale are heading towards the EAOs and smugglers who ship the hardwood out of border areas or via the sea to buyers in Port Klang, Malaysia. We are the third largest exporter of rare earth to China, according to US intelligence, but the income from these is going to a country within the country of the Wa Self-Administered Division, with no sharing with the rest of the state. We have the famous jade and rubies but the lack of enforcement of rules and corruption ensures that the majority of the proceeds fall into the hands of regional commanders and coyotes. Our tribes are totally disunited, each of them acting only for themselves. In addition to the above (dis)advantages, due to the lack of governance over social media and tough enforcement against felonious actions, we have fallen into an abyss at this moment in time. In the epitaph of history, this could be the case study of how instrumental social media, specifically Facebook, is in the destruction of the country, especially when the government is a kakistocracy as the people are uneducated and unread. The lack of emphasis by successive media councils on digital media ensured the downfall of press freedom too. Let the results speak for themselves. The Press Council’s performance was so brilliant that the Ministry of Information decided to form a brand-new Media Development Department, when the task of media development falls under the purview of the Press Council, as distinctly obvious under the Media Law. The priority given to digital media was also so spot-on that another superfluous association came into existence: the Digital Media Association. That all happened in the past three years. The Council has had a chance to make its mark on history and clearly it did (Not), based on these dazzling results. With the priorities all wrong, how could it possibly act as the preserver of the fourth estate in the nation’s building? How do we give press freedom when there are no accompanying responsibilities, ethics and discipline do not exist in news and media personnel, especially those who hang out pushing falsehoods online. How can these actions go unpunished ever? When these perpetrators hide behind anonymous servers and overseas sets up, funded by foreign countries, how do we go for peaceful resolution of disputes? Know the Weather and the Terrain Sun Tzu continued, “Know the weather and the terrain and your victory is assured”. The sage is referring to the circumstances and environment under which we wage our battles. The legal environment is in shatters as the law-and-order situation is heading south compared to a decade ago, including increased corruption in the judiciary branch. Climate change and environmental upheavals are making it difficult for the country to upgrade the software of its people, including the media development as resources get diverted to rescue, rehabilitation and reconstruction efforts. Political circumstances are such that any hint of limitless press freedom could result in political instability and possible disruption to the upcoming 2025 general election timetable. The economic situation is not helping either. As the President of UMFCCI would say, ‘If you remove the issue of imports and exchange rates, Myanmar is still a good country to invest in’. Yet the statistics have proven on the contrary. Even these two circumstances present the media with challenges. Reporting the factual economic news becomes a predicament. How do we express the truth and facts, without being caught in an awkward situation with the government? If the facts were not disclosed and the truth was concealed, how would the government get the national development strategy right? Socially, the country is divided. Some persons believed in almost everything the fake news agencies posted. At least half of the population doubt whatever the government say. The reactive approach to fake news is not helping either. Mark Twain famously said in 1924, “A lie can travel around the world and back again, while the truth is lacing up its boots”. Another thumbs down for us is the lack of civility and courtesy on online platforms. There is no self-policing among ourselves. Those who try to inject an ounce of truth and politeness were singled out and fired upon by trolls, causing many of them to stay away from social media for health and psychological reasons. Technologically, we are already at the back end of ASEAN. While our IT talents are breaking their backs on Thai, Malaysian and Singapore companies, we are still struggling to decide when to turn on our VPNs, when to shut them off and when to get a free VPN app. More than 90 per cent of our population do not know how to use basic applications other than Facebook. For example, a significant portion of the corporate staff do not know how to use Google Maps and how to share locations. With the headwinds going so strong in the upstream journey, what could be our media strategy for the company years? We can all start with the six actionable steps to bring us closer to the original six objectives. (1) Stop forming duplicate entities, departments and associations. Focus all the resources on one Press Council, which should be renamed as the ‘Media Council’ to encompass all, especially the digital media. (2) Let the young people with brilliant minds, who would be willing to take risks for the nation’s media development, take the lead in this evolution. (3) Together with all the stakeholders, we need to develop a mission and a strategy to defeat fake news. The current approaches definitely need a step up. (4) Law and order and effective enforcement. Needless to say, without tough enforcement actions that follow, the agencies that act for the government would remain like lame ducks. (5) There are many reasons to delay, postpone and put off actions. But none of these help in bringing the nation forward. Even having a small or online event is undoubtedly better than holding no events at all. (6) Finally, stop rewarding people for doing nothing and just wasting government budgets. The future is bright! The future is orange! The future is ours to make.
Matt Gaetz says he won't return to Congress next year after withdrawing name for attorney generalAndy Murray and Novak Djokovic’s magnificent seven grand slam finalsJasprit Bumrah Creates History In BGT, Becomes First Pacer To...Victory Capital Management Inc. lessened its stake in shares of Gentherm Incorporated ( NASDAQ:THRM – Free Report ) by 9.1% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 84,998 shares of the auto parts company’s stock after selling 8,464 shares during the quarter. Victory Capital Management Inc.’s holdings in Gentherm were worth $3,957,000 as of its most recent SEC filing. Other large investors have also modified their holdings of the company. Headlands Technologies LLC raised its stake in Gentherm by 134.0% during the 2nd quarter. Headlands Technologies LLC now owns 1,224 shares of the auto parts company’s stock worth $60,000 after acquiring an additional 701 shares in the last quarter. Palouse Capital Management Inc. acquired a new stake in shares of Gentherm during the second quarter worth about $92,000. Hennion & Walsh Asset Management Inc. acquired a new stake in shares of Gentherm during the third quarter worth about $208,000. Hsbc Holdings PLC lifted its holdings in shares of Gentherm by 3.5% in the 2nd quarter. Hsbc Holdings PLC now owns 6,834 shares of the auto parts company’s stock valued at $337,000 after purchasing an additional 229 shares during the last quarter. Finally, Inspire Investing LLC boosted its position in shares of Gentherm by 14.5% in the 2nd quarter. Inspire Investing LLC now owns 7,164 shares of the auto parts company’s stock valued at $353,000 after purchasing an additional 905 shares during the period. Institutional investors and hedge funds own 97.13% of the company’s stock. Analysts Set New Price Targets THRM has been the subject of a number of research reports. Robert W. Baird reduced their price objective on Gentherm from $54.00 to $50.00 and set a “neutral” rating for the company in a research note on Thursday, October 31st. JPMorgan Chase & Co. upgraded shares of Gentherm from an “underweight” rating to a “neutral” rating and set a $56.00 price target for the company in a research note on Monday, October 21st. StockNews.com raised shares of Gentherm from a “hold” rating to a “buy” rating in a research report on Friday, August 9th. Finally, Craig Hallum reduced their target price on shares of Gentherm from $85.00 to $65.00 and set a “buy” rating for the company in a report on Thursday, October 31st. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $57.00. Insider Buying and Selling In other Gentherm news, CEO Phillip Eyler sold 4,402 shares of the stock in a transaction on Wednesday, September 18th. The stock was sold at an average price of $50.20, for a total value of $220,980.40. Following the completion of the transaction, the chief executive officer now owns 147,317 shares in the company, valued at approximately $7,395,313.40. This represents a 2.90 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link . 1.91% of the stock is currently owned by corporate insiders. Gentherm Price Performance Gentherm stock opened at $43.38 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.02 and a quick ratio of 1.38. The business has a 50 day simple moving average of $43.88 and a 200-day simple moving average of $48.18. Gentherm Incorporated has a 12 month low of $39.86 and a 12 month high of $62.93. The stock has a market capitalization of $1.34 billion, a PE ratio of 19.92 and a beta of 1.44. Gentherm ( NASDAQ:THRM – Get Free Report ) last announced its quarterly earnings data on Wednesday, October 30th. The auto parts company reported $0.75 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.09. The company had revenue of $371.50 million during the quarter, compared to the consensus estimate of $372.89 million. Gentherm had a net margin of 4.61% and a return on equity of 14.36%. Gentherm’s quarterly revenue was up 1.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.64 EPS. Equities analysts predict that Gentherm Incorporated will post 2.71 earnings per share for the current year. Gentherm Profile ( Free Report ) Gentherm Incorporated designs, develops, manufactures, and sells thermal management and pneumatic comfort technologies in the United States and internationally. The company operates in two segments, Automotive and Medical. The Automotive segment offers climate comfort systems, which include seat heaters, blowers, and thermoelectric devices for variable temperature climate control seats and steering wheel heaters that are designed to provide thermal comfort to automobile passengers; integrated electronic components, such as electronic control units; and other climate comfort systems, including neck and shoulder conditioners and climate control system products for door panels, armrests, cupholders, and storage bins. Featured Stories Want to see what other hedge funds are holding THRM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Gentherm Incorporated ( NASDAQ:THRM – Free Report ). 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The suspect, identified by police as Luigi Nicholas Mangione, had a gun believed to be the one used in Wednesday’s attack on Brian Thompson , as well as writings expressing anger at corporate America, police said. Here are some of the latest developments in the investigation: Where was the man captured? Mangione was taken into custody at around 9:15 a.m. after police received a tip that he was eating at a McDonald’s in Altoona, Pennsylvania, about 85 miles (137 kilometers) east of Pittsburgh, police said. Mangione was being held in Pennsylvania on gun charges and will eventually be extradited to New York to face charges in connection with Thompson’s death , said NYPD Chief of Detectives Joseph Kenny. What evidence did police find? In addition to a three-page, handwritten document that suggests he harbored “ill will toward corporate America,” Kenny said Mangione also had a ghost gun, a type of weapon that can be assembled at home and is difficult to trace. Officers questioned Mangione, who was acting suspiciously and carrying multiple fraudulent IDs, as well as a U.S. passport, New York Police Commissioner Jessica Tisch said at a news conference. Officers also found a sound suppressor, or silencer, “consistent with the weapon used in the murder,” the commissioner said. He had clothing and a mask similar to those worn by the shooter and a fraudulent New Jersey ID matching one the suspect used to check into a New York City hostel before the shooting, Tisch said. What do we know about Mangione? Kenny said Mangione was born and raised in Maryland, has ties to San Francisco and that his last known address is in Honolulu. Mangione, who was valedictorian of his Maryland prep school, earned undergraduate and graduate degrees in computer science in 2020 from the University of Pennsylvania, a university spokesman told The Associated Press on Monday. He learned to code in high school and helped start a club at Penn for people interested in gaming and game design, according to a 2018 story in Penn Today, a campus publication. His social media posts also suggest that he belonged to the fraternity Phi Kappa Psi. They also show him taking part in a 2019 program at Stanford University, and in photos with family and friends at the Jersey Shore and in Hawaii, San Diego, Puerto Rico, and other destinations. The Gilman School, from which Mangione graduated in 2016, is one of Baltimore’s elite prep schools. Some of the city’s wealthiest and most prominent people, including Orioles legend Cal Ripken Jr., have had children attend the school. Its alumni include sportswriter Frank Deford and former Arizona Gov. Fife Symington. In his valedictory speech, Luigi Mangione described his classmates’ “incredible courage to explore the unknown and try new things,” according to a post on the school website. He praised their collective inventiveness and pioneering mindset. Mangione took a software programming internship after high school at Maryland-based video game studio Firaxis, where he fixed bugs on the hit strategy game Civilization 6, according to a LinkedIn profile. Firaxis parent company Take-Two Interactive said Monday it would not comment on former employees. He more recently worked at the car-buying website TrueCar, according to the head of the Santa Monica, California-based company. “While we generally don’t comment on personnel matters, we confirm that Luigi Mangione has not been an employee of our company since 2023,” TrueCar CEO Jantoon Reigersman said by email. Mangione comes from a prominent Maryland family. His grandfather Nick Mangione, who died in 2008, was a successful real estate developer. One of his best-known projects was Turf Valley Resort, a sprawling luxury retreat and conference center outside Baltimore that he purchased in 1978. The father of 10 children, Nick Mangione prepared his five sons — including Luigi Mangione’s father, Louis Mangione — to help manage the family business, according to a 2003 Washington Post report. The Mangione family also purchased Hayfields Country Club north of Baltimore in 1986. On Monday, Baltimore County police officers blocked off an entrance to the property, which public records link to Luigi Mangione’s parents. Reporters and photographers gathered outside the entrance. Luigi Mangione is one of 37 grandchildren of Nick Mangione, according to the grandfather's obituary. Luigi Mangione's grandparents donated to charities through the Mangione Family Foundation, according to a statement from Loyola University commemorating Nick Mangione’s wife’s death in 2023. They donated to various causes ranging from Catholic organizations to colleges and the arts. One of Luigi Mangione’s cousins is Republican Maryland state legislator Nino Mangione, a spokesman for the lawmaker's office confirmed Monday. The shooting and a quick escape Police said the person who killed Thompson left a hostel on Manhattan's Upper West Side at 5:41 a.m. on Wednesday. Just 11 minutes later, he was seen on surveillance video walking back and forth in front of the New York Hilton Midtown, wearing a distinctive backpack. At 6:44 a.m., he shot Thompson at a side entrance to the hotel, fled on foot, then climbed aboard a bicycle and within four minutes had entered Central Park. Another security camera recorded the gunman leaving the park near the American Museum of Natural History at 6:56 a.m. still on the bicycle but without the backpack. After getting in a taxi, he headed north to a bus terminal near the George Washington Bridge, arriving at around 7:30 a.m. From there, the trail of video evidence runs cold. Police have not located video of the suspect exiting the building, leading them to believe he likely took a bus out of town. Police said they are still investigating the path the suspect took to Pennsylvania. “This just happened this morning," Kenny said. "We’ll be working, backtracking his steps from New York to Altoona, Pennsylvania,” Kenny said. Associated Press reporters Lea Skene in Baltimore, Matt O'Brien in Providence, Rhode Island, and Cedar Attanasio in New York contributed to this report.
The Two Faces Of Violence:
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