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  • King Charles and Prince Harry Planning More Peace Talks, But ‘Continue to Clash’ Over Meghan Markle

    King Charles and Prince Harry Planning More Peace Talks, But ‘Continue to Clash’ Over Meghan Markle

    Determined King Charles III is dead-set on reuniting his fractured family and bringing son Prince Harry back into the royal fold after the cancer-stricken monarch was given a new lease on life, sources say.

    Charles, 77, recently shared that his…

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  • Michel Siffre: The Man Who Spent 2 Months Living In A Cave And Accidentally Invented An Entirely New Field Of Biology

    Michel Siffre: The Man Who Spent 2 Months Living In A Cave And Accidentally Invented An Entirely New Field Of Biology

    The year is 1962. The place: Scarasson, a glacial cave in the French Alps. Climbing out of the abyss for the first time in more than two months is a lone man, eyes covered in dark goggles to protect them from the light of the Sun. He has no idea…

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  • USDA Announces No Actions Under Feedstock Flexibility Program

    WASHINGTON, Dec. 31, 2025 – The U.S. Department of Agriculture (USDA) Commodity Credit Corporation (CCC) announced today that it does not expect to purchase and sell sugar under the Feedstock Flexibility Program for crop year 2025, which runs from Oct. 1, 2025, to Sept. 30, 2026. 

    The CCC is required by law to quarterly announce estimates of sugar to be purchased and sold under the Feedstock Flexibility Program based on crop and consumption forecasts.

    Federal law allows sugar processors to obtain loans from USDA with maturities of up to nine months when the sugarcane or sugar beet harvests begin. On loan maturity, the sugar processor may repay the loan in full or forfeit the collateral (sugar) to USDA to satisfy the loan.

    The Feedstock Flexibility Program, initially authorized in the 2008 Farm Bill, was reauthorized by Congress in the Continuing Appropriations, Agriculture, Legislative Branch, Military Construction and Veterans Affairs, and Extensions Act, 2025, as an option to avoid sugar forfeitures. Under the Feedstock Flexibility Program, if USDA is faced with the likelihood of loan forfeitures, it is required to purchase surplus sugar and sell it to bioenergy producers to reduce the surplus in the food use market and support sugar prices. USDA’s December 9, 2025, World Agricultural Supply and Demand Estimates report (www.usda.gov/oce/commodity/wasde) projects that crop year 2025 (fiscal year 2025) U.S. ending sugar stocks are unlikely to lead to forfeitures. Therefore, USDA does not currently expect to purchase and sell sugar under the Feedstock Flexibility Program for crop year 2025.

    USDA will closely monitor domestic sugar stocks, consumption, imports and other sugar market variables on an ongoing basis and will continue to administer the sugar program as transparently as possible using the latest available data. The next quarterly estimate regarding the Feedstock Flexibility Program will occur on or before April 1, 2026.

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  • CFTC Chairman Selig Announces Amir Zaidi as Chief of Staff

    CFTC Chairman Selig Announces Amir Zaidi as Chief of Staff

    — Commodity Futures Trading Commission Chairman Michael S. Selig today announced Amir Zaidi will serve as the CFTC’s Chief of Staff.

    “Amir brings to this role deep experience both at the Commission and in the financial services world, and has a proven track record of successfully embracing innovation in our markets,” Chairman Selig said. “I’m grateful for his willingness to return as chief of staff and for his continued dedication and service to both the CFTC and our stakeholders. Amir was instrumental in the historic launch of CFTC-regulated bitcoin futures contracts during President Trump’s first term. With Congress poised to send digital asset market structure legislation to the President’s desk, he will bring tremendous experience and expertise to the CFTC as it develops fit-for-purpose regulations for our rapidly evolving commodity markets.” 

    “I am excited to return to the CFTC and thank Chairman Selig for appointing me to this important role,” Zaidi said. “Under Chairman Selig’s leadership, I look forward to providing a steady hand at the Commission during this important time. I am committed to ensuring that the Chairman’s pro-innovation agenda is successfully implemented during this period of rapid transformation in the derivatives markets.”

    Zaidi returns to the CFTC after having previously served in several roles at the agency from 2010 to 2019, including as director of the Division of Market Oversight, where he oversaw the certification and deployment of the bitcoin futures contact – the first federally-regulated crypto product. While at the CFTC, he also held senior roles in the offices of former Chairman Chris Giancarlo and Commissioner Scott O’Malia. Prior to returning to the CFTC, Zaidi was global head of compliance for a large broker-dealer and introducing broker. Prior to 2010, Zaidi served in various financial, legal, and regulatory roles in New York and Washington. He has decades of experience in the financial services industry.

    Zaidi received his J.D., cum laude, from the University of Maryland School of Law and B.S. in Business Administration, summa cum laude, from Boston University School of Management. 

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  • Fibra Next Raises Approximately USD30 Million via Exercise in Full of Over-Allotment of Real Estate Trust Certificates | Newsroom

    Fibra Next Raises Approximately USD30 Million via Exercise in Full of Over-Allotment of Real Estate Trust Certificates | Newsroom

    Leading global law firm Baker McKenzie announced today that the New York office represented BBVA, BTG Pactual, Citigroup, J.P. Morgan and Morgan Stanley, as global coordinators, and Barclays, BofA Securities, Goldman Sachs and Santander, as joint bookrunners, in connection with their exercise in full of the over-allotment option to purchase an additional 5,500,000 Real Estate Trust Certificates, also known as CBFIs (Certificados Bursátiles Fiduciarios Inmobiliarios) of Fibra Next.

    The exercise of the over-allotment option was a testament to the success of the follow-on equity offering and resulted in additional proceeds to Fibra Next of approximately USD30 million. After giving effect to the full exercise of the over-allotment option, the combined value of Fibra Next’s IPO and follow-on offering is approximately USD900 million.

    The CBFIs were offered publicly in Mexico on the Mexican Stock Exchange and were made internationally pursuant to Rule 144A and Regulation S.

    Fibra Next was created as a result of a split off by Fibra Uno, the largest real estate company in Latin America, of its logistics operations, forming the largest warehouse and logistics company in Mexico. The proceeds received by Fibra Next from the follow-on offering and over-allotment exercise will be used primarily for the acquisition of an industrial real estate portfolio to be contributed to Next Properties.

    Baker McKenzie also represented Fibra Next in connection with its approximately USD450 million initial public offering earlier this year and its USD370 million follow-on offering.

    Transactional Practice Group Partners Mike Fitzgerald, Arturo Carrillo, Joy Gallup, Pedro Reyes and Steven Sandretto led the Baker McKenzie team, which also included associates Alejandra Cuadra and Diego Aznar, as well as Tax Senior Counsel Thomas May and Partner Kia Waxman.

    Other law firms participating in this transaction included Holland & Knight (as Fibra Next’s US and Mexican counsel) and Mijares (as initial purchasers’ and dealer managers’ Mexican counsel).

    With more than 2,500 deal practitioners in more than 40 jurisdictions, Baker McKenzie is a transactional powerhouse. The Firm’s NY office has participated in more Mexican corporate equity offerings in 2025 (by number of deals and amount raised) than any US law firm.

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  • New Galaxy Store update improves usability

    New Galaxy Store update improves usability

    Samsung is rolling out an update to the Galaxy Store for Galaxy smartphones and tablets. It carries version 4.6.03.8 and seems to bring only one, yet very useful upgrade that improves usability.

    On Samsung’s…

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  • Gmail is finally getting rid of its most embarrassing rule

    Gmail is finally getting rid of its most embarrassing rule

    Google revealed in August 2025 that hackers had breached one of its databases (Getty/iStock)

    Gmail is finally looking to get rid of one of its more embarrassing restrictions, and let people choose new email addresses.

    Ever since it…

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  • EU’s top diplomat rejects Russian claims of Ukrainian attack on government sites

    EU’s top diplomat rejects Russian claims of Ukrainian attack on government sites

    Reuters Head shot of Kaja Kallas, the European Union High Representative for Foreign Affairs and Security Policy, and European Commission Vice-President. She is a woman with shoulder-length blonde hair, looking slightly away from the camera. Reuters

    Kaja Kallas accused the Kremlin of trying to derail the peace process with allegations of a Ukrainian attack on government sites

    The EU’s top diplomat has called Moscow’s claims that Ukraine targeted Russian government sites a “deliberate…

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  • Rogers Announces Defensive Staff – Iowa State Athletics

    Rogers Announces Defensive Staff – Iowa State Athletics

    AMES, Iowa – Iowa State head football coach Jimmy Rogers has announced the position coach assistants for his first season with the program.

    Rogers previously announced that Jesse Bobbit, his defensive coordinator at Washington State and South…

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  • Here We Go Again! How Can You Resist These Mamma Mia! Backstage Photos? | Broadway Buzz

    Here We Go Again! How Can You Resist These Mamma Mia! Backstage Photos? | Broadway Buzz

    Christine Sherrill
    (Photo by Sergio Villarini for Broadway.com)

    Backstage at Mamma Mia! an hour before the Wednesday matinee, the energy is upbeat. With a week…

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