Ohio-based Hixon Zuercher disclosed in an SEC filing on Friday that it sold 10,631 shares of Caterpillar (CAT 2.07%)for an estimated $4.5 million in the third quarter.

What Happened

According to a filing with the Securities and Exchange Commission released on Friday, Hixon Zuercher reduced its Caterpillar position by 10,631 shares during the third quarter. The estimated transaction value, based on the average closing price in the period, was approximately $4.5 million. The fund reported holding 10,776 Caterpillar shares worth $5.1 million at the end of the third quarter.

What Else to Know

This sale reduced the Caterpillar stake to 1.6% of Hixon Zuercher’s reportable U.S. equity portfolio.

Top five holdings after the filing:

• GSIE: $23.4 million (7.1% of AUM)
• GSLC: $12.1 million (3.7% of AUM)
• MSFT: $9.9 million (3% of AUM)
• NVDA: $20 million (2.9% of AUM)
• JPM: $9.6 million (2.9% of AUM)

As of Tuesday morning, Caterpillar shares were priced at $507.73, up nearly 29% over the year and outperforming the S&P 500’s nearly 13% gain.

Company Overview

Company Snapshot

• Caterpillar offers construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and related financial products and services.
• It generates revenue through equipment sales, parts and service contracts, and financial solutions such as leases and loans.
• The company serves construction, mining, energy, transportation, and industrial customers globally, with a diversified client base spanning multiple sectors.

Caterpillar is a global leader in the manufacturing of heavy equipment and engines, operating at scale with over $63 billion in TTM revenue. The company’s integrated business model combines equipment sales with aftermarket services and financial solutions, supporting customer needs across the full equipment lifecycle.

Foolish Take

Hixon Zuercher trimmed its Caterpillar (NYSE: CAT) stake in the third quarter, selling shares worth roughly $4.5 million just as the heavy equipment giant continues to navigate a soft patch in its construction and resource segments. The move follows Caterpillar’s latest earnings, released in August, which showed sales dipping 1% year-over-year to $16.6 billion and operating profit margin falling to 17.3% from 20.9% amid weaker price realization and higher manufacturing costs tied to tariffs.

Still, Caterpillar’s energy and transformation unit remained a bright spot, with sales rising 7% to $7.8 billion on robust demand from the power generation and oil and gas markets. The company also generated $3.1 billion in operating cash flow during the quarter and returned $1.5 billion to shareholders through buybacks and dividends.

This week, Caterpillar announced plans to acquire Australian mining software firm RPMGlobal for $728 million, expanding its footprint in digital mining solutions and automation. Caterpillar shares have climbed about 4% since the announcement.

Glossary

AUM (Assets Under Management): The total market value of assets a fund or investment manager oversees on behalf of clients.
Reportable AUM: The portion of a fund’s assets required to be disclosed in regulatory filings, often U.S. equities only.
Filing: An official document submitted to a regulatory authority, such as the SEC, detailing financial or operational information.
Position: The amount of a particular security or asset held by an investor or fund.
Top five holdings: The five largest investments in a portfolio, ranked by market value.
Outperforming: Achieving a higher return than a specified benchmark or index over a given period.
Aftermarket services: Support and products provided after the initial equipment sale, such as maintenance, repairs, and parts.
Leases: Contracts allowing use of an asset for a set period in exchange for regular payments.
Financial solutions: Services like loans, leases, or other financing options offered to customers to support purchases.
Diversified client base: A wide range of customers from different industries or sectors, reducing reliance on any single group.
Integrated business model: A strategy combining multiple related business activities—such as sales, services, and financing—within one company.
TTM: The 12-month period ending with the most recent quarterly report.

NESTLED in the Northumberland countryside is a pretty village that dates back to the second century.

It has Roman roots, and looks like it goes back years thanks to its stone buildings and nearby historical ruins.

The village of Corbridge is 16 miles out of Newcastle and it caught the attention of The Times last year, all thanks to its high street.

The publication ranked it as number four in its list of seven loveliest high streets in the UK, praising its unique independent shops and cafés.

It said: “If you’re visiting this postcard-pretty Northumberland town to indulge one of these niche interests, the good news is there’s a fantastic high street too.

“Try Baby at the Bank for cute kidswear, sold in a former bank (babyatthebank.co.uk); or there’s RE for furniture (“an eclectic mix of the raRE, REmarkable, REcycled, REscued and REstored”; re-foundobjects.com) and Corbridge Larder, where you can stock up on fine local foods — chutneys, pies, cakes — after taste-testing them in the adjoining café (corbridgelarder.co.uk).

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“The Angel of Corbridge, built in 1569, is a lovely pub with rooms, moments from St Andrew’s Church and Market Place — the venue for many of the above events.”

Lots of the shops are independent, and there are lots of beauticians, hairdressers, cafés, restaurants, pubs and delis.

Part of the village’s charm is thanks to its buildings with stone exteriors that give it an old English look.

But Corbridge does itself have a rich history dating back to the Roman period.

On the outskirts of the village is the famous Hadrian’s Wall where visitors can walk on the original surface of its Roman main street.

The museum has artefacts like the Corbridge Hoard, which is a Roman time capsule that was buried in the 2nd century AD.

The site of Hadrian’s Wall is managed by English Heritage and is open daily, 10am – 5pm. Tickets for adults start from £12.70 and children from £7.70.

There’s the Steam Rally which annually takes place in the summertime, where there’s over 700 exhibits of steam engines, vintage cars, and tractors.

There’s also a bar, fairground, live music and food stalls.

It holds A Midsummer’s Evening in Corbridge which has market stalls, street food, live music, dance and late night shopping.

Each year on the first Monday in December, the village hosts Christmas in Corbridge with carol singing, food stalls and late night shopping.

To get to Corbridge, the best link is up to Newcastle then jump on the Tyne Valley Line to the village which takes just under 40 minutes.

Plus, there’s read more on the tiny pretty village in ‘trending’ English county that has its own castle and beach.

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And a historic English town in Northumberland that used to be a city and is now one of the happiest places to live.

Here’s The Times’ list of the seven loveliest UK high streets…

1. Lymington, Hampshire
2. Narberth, Pembrokeshire
3. North Berwick, East Lothian
4. Corbridge, Northumberland
5. Greenwich, London
6. Royal Hillsborough, Co Down
7. Stamford, Lincolnshire

A QUARTER of Gen X and Boomers want to go interrailing across Europe – after missing out on travelling during their teens and 20s.

A poll of 2,000 adults who have holidayed revealed scenic rail journeys are a huge draw for 46 per cent of these generations – despite the trip more commonly linked with backpacking students.

Over a third (37 per cent) want the chance to tick off multiple countries in one go, while the sense of adventure appeals to 22 per cent.

Another 31 per cent like the idea of not having the hassle of dealing with flights or airports, and 30 per cent want flexibility to travel at their own place.

In fact, many want to venture further off the beaten track to hidden gems such as Lucca in Italy, Zermatt in Switzerland, and San Sebastián, Spain’s culinary capital.

Adrija Biswas, head of HSBC UK’s Global Money account, which allows customers to convert, spend and send multiple currencies worldwide and commissioned the research, said: “It’s never too late to chase new experiences – and rail travel is proving the perfect way for older generations to finally live out the adventures they may have missed in their youth.

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“Europe has an endless number of incredible sights to see, and doing so from a rail carriage berth is such an exciting way of doing it.

“From coastal pathways to wooded wonderlands, through some of the most famous cities in the world, a rail trip around Europe is a surefire way to make lifetime memories.

“The global money account has been designed to support just that – borderless travel with a card that is as flexible as your travel itinerary.”

Across all respondents, nearly a third (32 per cent) would consider going on a multi-destination trip this year, ranging from multiple stops across Europe to far-flung, long-haul destinations.

With 55 per cent citing a variety of scenery – from beaches to mountains – as a top reason, and 47 per cent excited by different cultures and cuisines.

But 34 per cent said having to pack and unpack multiple times might put them off, and 32 per cent would fret over the potential for travel delays or missed connections.

Just under four in 10 (39 per cent) respondents believe travel habits have changed across generations, and 20 per cent think European travel is a ‘rite of passage’ for younger people.

When asked what those polled, via OnePoll, want from a holiday, 47 per cent always aim to see famous landmarks, and 46 per cent want to experience other cultures.

In addition, 38 per cent use the time to bond with their partner, while 37 per cent always hope to meet new people on their travels.

Adrija Biswas, from HSBC UK, added: “Far from being the preserve of the young, it’s great to see older adults also exploring what Europe has to offer.

“It’s incredible to think how much there is, relatively, on the UK’s doorstep that so many people haven’t taken the time to experience.

“Modern technology can also make the trip much easier, from being able to move and access money more simply across different currencies using the global money account, to language translation.

“If it’s something you’ve been thinking about, whether you’re in your 20s or your 60s, you’re sure to make memories to treasure forever.”

Hi, everyone, welcome back to Lakers newsletter. This is Thuc Nhi Nguyen, The Times’ Lakers beat writer. Thank you for your warm welcome into this space (and your food recommendations). We’re now halfway through the preseason, and let me tell you: I can’t wait until we get real basketball back again.

We are at least one step closer to seeing what this Lakers team really looks like as Luka Doncic is expected to make his preseason debut against the Phoenix Suns on Tuesday. He is expected to play in two of the final three preseason games and, with a back-to-back coming, it’s most likely that Doncic will finish his preseason play on Friday at Crypto.com Arena against the Sacramento Kings instead of in Las Vegas against his former team, the Dallas Mavericks, on Wednesday.

Doncic’s return can help answer some questions about the Lakers, but there is still plenty to address with one week until the season opener.

The LeBron James decision

If you didn’t hear, LeBron James was at the center of a major announcement last week.

No, it’s not that the Lakers star and my dad share an affinity for Hennessy.

It’s that James will be sidelined for three to four weeks as he manages sciatica in his right side. The timeline announced by the team last Thursday means James will miss the regular season opener on Oct. 21 against the Golden State Warriors. As he enters Year 23, James still has room for more firsts: This will be the first time in his NBA career that he doesn’t play in a season opener.

While coach JJ Redick has tried to downplay preseason decisions about the starting lineup, he admitted Monday that James’ prolonged absence “complicates things a little bit.” With every group, Redick said, it’s about finding balance: ensuring there’s enough shooting, facilitating and defense to go around while also managing each player’s own temperament.

“We have a week to figure that out,” Redick said Monday, “and I think it will reveal itself to us.”

The Lakers’ next decision

Marcus Smart

(Robert Gauthier / Los Angeles Times)

So who will be up for the role?

Marcus Smart, who figured to be a potential starting candidate even when James was healthy, will make his preseason debut on Tuesday. He was battling Achilles tendinopathy to begin the preseason.

Smart returned to practice last week, working up to being a full participant during practices Thursday and Saturday, and impressed Redick with the classic Marcus Smart hustle and defense. Even while sidelined, Smart was lauded for his communication and leadership style.

Smart was already considered as a potential starting option over returner Rui Hachimura because the Lakers were looking for a stronger defender at the point of attack. They may have rediscovered another option in Jarred Vanderbilt.

Finally healthy from a lingering foot injury, Vanderbilt has earned rave reviews for his defensive resurgence during training camp. The 6-foot-8 forward has 13 rebounds, four steals and one block in three preseason games. He even turned heads with tweaked shooting mechanics to potentially increase his influence as a potential three-and-D option.

But Vanderbilt is one for 10 from three-point range in three preseason games.

The offensive load during James’ absence will likely fall more toward Hachimura or free agent addition Jake LaRavia.

Second-year guard Dalton Knecht could provide a scoring punch off the bench, especially after Redick said Knecht was the team’s best offensive player in training camp. Knecht, who struggled during summer league because he over-trained during the offseason, was outscoring his teammates by 42 points during live practice periods by Sunday. Redick rewarded him with a starting spot in the home preseason game against the Warriors and he responded with 16 points on four-of-nine shooting from the field and was six of eight from the free throw line.

But the 24-year-old who was briefly traded last year to return only when the deal fell through needs to earn his playing time by showing other skills.

“His ceiling is going to be based on his improvement this season as a defender,” Redick said.

Austin Reaves has already carried the heaviest workload of the preseason, especially as Doncic and James were out. Reaves delivered with 41 points in 44 minutes in two games, but knows any single Herculean effort won’t be enough to replace James long-term.

“It’s a next-man-up mentality,” Reaves said, echoing a similar message from Doncic. “Nobody is going to fill what he does with one person. I can’t go be LeBron. I wish I could. But I think you got to do it as a collective group. And that’s what we’ll do.”

Favorite thing I ate this week

Clockwise from top left: Shrimp shumai, fried shrimp ball, baked BBQ pork bun, steam pork bun and shrimp noodle rolls.

(Thuc Nhi Nguyen / Los Angeles Times)

The Lakers got a valuable week at home, but I stayed on the road for a friend’s wedding in Brooklyn. To me, there’s no better way to celebrate than with dim sum.

We schlepped from Brooklyn to Manhattan’s Golden Unicorn, where I was too impatient to take a picture of everything, but the first wave included baked BBQ pork buns, steamed pork buns, shrimp noodle rolls, shrimp shumai and fried shrimp balls.

My dim sum staples are har gow and the classic pork and shrimp shumai, but my favorite dish this time was mango pudding (unfortunately not pictured). Loaded with chunks of fresh mango, it was the perfect sweet treat before I spent the next few hours in food coma mode.

In case you missed it

Luka Doncic set to play in first preseason game against Suns Tuesday

JJ Redick isn’t overly concerned about the Lakers’ on-court chemistry

LeBron James to miss Lakers’ opening game because of sciatica issue

Natalia Bryant makes her debut as a creative director with Lakers short film

Until next time…

As always, pass along your thoughts to me at [email protected], and please consider subscribing if you like our work!

Madagascar’s parliament has voted to impeach embattled President Andry Rajoelina just hours after he fled the country in the wake of an elite army unit appearing to turn against him and seize power following weeks of deadly Gen Z protests.

The vote on Tuesday afternoon came as Rajoelina moved to dissolve parliament via a decree posted on social media earlier in the day, but which the opposition rejected.

“I have decided to dissolve the National Assembly, in accordance with the Constitution,” Rajoelina posted on X on Tuesday. “This choice is necessary to restore order within our Nation and strengthen democracy. The People must be heard again. Make way for the youth.”

The protests, which initially erupted over power and water shortages, have evolved into the most serious crisis the country and Rajoelina’s government has faced in years. “I was forced to find a safe place to protect my life,” Rajoleina, who did not disclose his location, said in a 26-minute-long live broadcast on Monday after a top army unit, known widely as CAPSAT, reportedly seized the state broadcaster. The same unit announced on Tuesday afternoon that it was “in charge” as parliament concluded the impeachment proceedings.

Rajoleina has not responded to the impeachment and has not renounced his title as head of state. Opposition parties initiated the impeachment vote on charges that Rajoelina “abandoned” his post.

There’s no clear leader in the country.

Madagascar has a long history of political crises and uprisings. Rajoelina’s own apparent exit from the country appeared to be an eerie replay of protests in 2009 that led to the collapse of a previous government, and his ascent to power. However, his government has been accused of corruption and of managing a stagnant economy.

Here’s what to know about how the protests unfolded and the army unit that has turned against the president:

What led to the protests?

Hundreds of angry protesters, led by a young movement called “Gen Z Madagascar,” began taking to the streets of the capital Antananarivo on September 25, with protests over the weekend recording the largest number of demonstrators in the three weeks of unrest.

What began as anger about persistent water and power cuts that leave businesses and homes without electricity or running water for more than 12 hours quickly escalated into frustrations with general governance.

Protesters decried widespread poverty, high costs of living, and state corruption that they say has seen business elites benefit from close contacts in government. Demonstrators began calling for the end of Rajoelina’s 15-year-old government, and for a “free, egalitarian and united society”.

Although Rajoelina sacked his prime minister and attempted a government reshuffle, protesters were not satisfied, culminating in the CAPSAT backing protesters on Saturday in what the president called an “attempt to seize power”. The unit, in a statement, said it refused “orders to shoot” demonstrators.

Some 80 percent of the country’s 31 million people lived in extreme poverty by 2022, according to the World Bank, largely due to political instability and severe climate disasters affecting food supplies. Only a third of the population has access to electricity, according to the International Monetary Fund, with the state-owned energy company, Jirama, accused of corruption and mismanagement.

Angry demonstrators blocked roads with burning tyres and rocks, and reportedly attacked public buildings, transport infrastructure, and private shops. In response, security officials responded with “violent force” according to the United Nations, with reports noting police fired rubber bullets, stun grenades, and tear gas. At least 22 people have died and dozens of others are injured, the UN said in a statement last week, although the government disputed those figures.

Rajoelina ignored calls for his resignation and accused protesters calling for his exit of wanting to “destroy our country.” His attempts to quell the anger by dissolving the government and appointing army General Ruphin Fortunat Zafisambo as the new prime minister on October 6, as well as inviting protesters for talks, were rejected by the demonstrators, who accused the government of ruling “with weapons”.

Who led the protests?

Young protesters, led by the “Gen Z Madagascar” group, started the demonstrations in late September, following similar youth-led uprisings witnessed in the past year in countries like Nepal, Morocco, Kenya, and Bangladesh.

In Madagascar, protesters say they’re demanding an end to 16 years of “inaction” by Rajoelina’s government, and have promised that they will not be silenced.

“They didn’t want to hear us in the streets,” a statement on the Gen Z Madagascar website reads. “Today, thanks to digital technology and the voice of Generation Z, we will make our voices heard at the table of power on the opposition side. To put an end to 16 years of inaction, let’s demand transparency, accountability, and deep reforms.”

The movement highlighted three demands from the government: the immediate resignation of Rajoelina and his government, the dismantling of the Senate, the electoral commission, and the constitutional court, as well as the prosecution of “the businessman close to the president”, referring to Rajoelina’s adviser and businessman, Maminiaina Ravatomanga.

It warned Rajoelina would be dragged to the International Court of Human Rights on various charges ranging from repression to embezzlement if the demands are not met.

The Gen Z Madagascar’s emblem, a flag featuring a pirate skull and crossbones wearing a distinctive Madagascan hat, is a reference to the Japanese comic series, One Piece, which follows a young pirate banding with others to fight an authoritarian government. The flag has become a hallmark of youth-led protests globally. It was raised by Indonesian protesters to show discontent in the run-up to the nation’s independence day in August, as well as by youth protesters who overthrew the Nepal government in September.

Who is President Rajoelina, and where is he?

President Rajoelina’s location is currently unknown. There is speculation that he was flown out of the country on a French military plane, according to French broadcaster RFI, but France has not commented. Madagascar is a former French colony, and Rojoelina is reported to have French citizenship – an issue which has angered some over the years.

In his Facebook statement on Monday evening, the president called for dialogue “to find a way out of this situation” and urged Madagascans to respect the constitution. He did not reveal his location and did not state his resignation.

The move to dissolve the parliament from exile further escalated the crisis and caused confusion, but opposition groups rejected it and voted for the president’s impeachment.

“The legal basis for this is unclear at the moment,” Kenya-based analyst Rose Mumunya told Al Jazeera. “Is he still the president? Legally, he is, but now that the army has announced they are taking over [security institutions], the legality of his decision to dissolve parliament is not really clear,” she said.

The 51-year-old first came to power in 2009 as the leader of a transitional government following a bloodless coup against the former president, Ravalomanana. As an opposition member and mayor of Antananarivo, Rajoelina led weeks of violent protests starting from January 2009 against Ravalomanana, whom he criticised for “restricting freedom” in the country.

Some 130 people died in the crisis. Rabalomanana fled to South Africa in March 2009 following a military coup. Rajoelina’s announcement as leader was ironically backed by CAPSAT. The international community criticised the military intervention and sanctioned Madagascar for years.

Rajoelina was elected in 2019 and re-elected in disputed 2023 polls that were boycotted by the opposition. His government, while popular at first, faced accusations of corruption, increasing repression and rights violations, analysts say. Fired Prime Minister Christian Ntsay and businessman Maminiaina Ravatomanga, were among prominent figures widely criticised in the country. Both arrived in Mauritius on a private flight on Sunday, authorities there said.

What’s CAPSAT, the army unit accused of a coup?

CAPSAT, or the Corps d’administration des personnels et des services administratifs et techniques, is an elite unit based in Soanierana district on the outskirts of Antananarivo. The group’s leader, Colonel Michael Randrianirina announed on Tuesday the unit was “in charge.”

While Rajoelina had influential backers in other important army units, analyst Mumunya noted he has not able to gain such support with CAPSAT.

The unit first appeared to mutiny after members joined thousands of protesters in Antananarivo on Saturday and called for Rajoelina’s resignation. Demonstrators hailed armed CAPSAT members packed in trucks and waving Madagascan flags. There were reports of CAPSAT teams clashing with pro-Rajoelina security forces.

A representative of the contingent said in a video statement on Saturday that “from now on, all orders of the Malagasy army, whether land, air, or navy, will originate from CAPSAT headquarters.” The unit urged all security forces to refuse “orders to shoot” and to stand with protesters.

On the same day, CAPSAT installed a new chief of defense staff, General Demosthene Pikulas, at a ceremony at the army headquarters. Armed Forces Minister Manantsoa Deramasinjaka Rakotoarivelo endorsed the move at the ceremony, saying, “I give him my blessing.”

On Sunday, CAPSAT Colonel Randrianirina told reporters that his unit’s actions did not amount to a coup. “We answered the people’s calls, but it wasn’t a coup d’etat,” he said, speaking at a gathering on Sunday outside the Antananarivo city hall, where large crowds gathered to pray for victims of the violence. One CAPSAT soldier was reportedly killed in a clash with other security units on Saturday.

Madagascar’s military has intervened in politics in several crises since 1960, when the country gained independence from France. Analyst Mumunya said CAPSAT leaders were carefully avoiding an outright coup declaration to avoid international backlash, as in the 2009 revolt. The move by the opposition to impeachment the president would legalise the takeover while the army holds the fort to ensure there’s no counter coup, she said.

“It’s a bit of push and pull between Rajoelina and the army … but the balance of power is not in Rajoelina’s favour,” Mumunya said. “There are likely ongoing negotiations between the political opposition, business elite and security forces to install a new civilian government that will appeal to the youth,” she added.

“So has his government effectively collapsed? I think we can probably conclude that,” she said.

The High Court, where Rajoelina has supporters, analysts say, will likely scrutinise and confirm whether the president can dissolve the parliament from an unknown location, or whether his impeachment can hold.

A poll of 2,000 adults found that scenic rail journeys are a huge draw for 46% of these generations – despite the trip more commonly linked with backpacking students

A quarter of Gen X and Boomers are keen to go on an interrailing journey across Europe – a trip usually associated with younger backpackers – after missing out on such adventures in their younger years. The survey of 2,000 adults revealed that scenic rail journeys are becoming a major attraction for 46% of people in these age groups.

Over a third are eager to visit multiple countries in one trip, while the thrill of adventure appeals to 22%. In fact, many are looking to explore lesser-known destinations like Lucca in Italy, Zermatt in Switzerland, and San Sebastián, Spain’s foodie paradise.

The poll also suggests convenience is another reason many older people are considering interrailing. A. A third like the idea of avoiding the hassle of dealing with flights or airports, and another 30% crave the flexibility to travel at their own pace.

Adrija Biswas, head of HSBC UK’s Global Money account, which allows customers to convert, spend and send multiple currencies worldwide and commissioned the research, said: “It’s never too late to chase new experiences – and rail travel is proving the perfect way for older generations to finally live out the adventures they may have missed in their youth.”

“Europe has an endless number of incredible sights to see, and doing so from a rail carriage berth is such an exciting way of doing it.

“From coastal pathways to wooded wonderlands, through some of the most famous cities in the world, a rail trip around Europe is a surefire way to make lifetime memories.

“The global money account has been designed to support just that – borderless travel with a card that is as flexible as your travel itinerary.”

Across all respondents, nearly a third (32%) would consider going on a multi-destination trip this year, ranging from multiple stops across Europe to far-flung, long-haul destinations. With 55% citing a variety of scenery – from beaches to mountains – as a top reason, and 47% excited by different cultures and cuisines.

But 34% said having to pack and unpack multiple times might put them off, and 32% would fret over the potential for travel delays or missed connections.

According to the poll conducted by OnePoll, when it comes to holiday expectations, 47% of respondents aim to visit famous landmarks, while 46% are keen to immerse themselves in different cultures.

Moreover, 38% use their holidays as an opportunity to strengthen their relationship with their partner, and 37% look forward to meeting new people during their travels.

Adrija Biswas added:“Far from being the preserve of the young, it’s great to see older adults also exploring what Europe has to offer. It’s incredible to think how much there is, relatively, on the UK’s doorstep that so many people haven’t taken the time to experience.

“Modern technology can also make the trip much easier, from being able to move and access money more simply across different currencies using the global money account, to language translation.

“If it’s something you’ve been thinking about, whether you’re in your 20s or your 60s, you’re sure to make memories to treasure forever.”

The top 10 European hotspots people would like to visit by train:

1. Lucca, Italy
2. Zermatt, Switzerland
3. Lecce, Italy
4. Bolzano, Italy
5. San Sebastián, Spain
6. Braga, Portugal
7. Annecy, France
8. Ronda, Spain
9. Lake Bled, Slovenia
10. Nafplion, Greece

EVER wondered what Thailand might have looked like in the ‘90s, years before the first selfie was snapped or before travel influencers descended in droves?

When I landed on the shores of Koh Yao Yai this August, I got a first hand glimpse.

Just 20 minutes away from Phuket’s tourist-choked roads and party-hopping beaches, this peaceful little paradise in the heart of Thailand’s Phang Nga Bay feels frozen in time – almost as if it’s
veiled by a ‘90s sepia-toned filter.

Life moves slowly here, carried by the chorus of tropical
cicadas and the gentle lull of the sea.

Meaning “big long island,” Koh Yao Yai drifts in relative anonymity between Phuket and Krabi.

The afternoon I arrived on the island by speedboat, I wandered along the empty stretch of Loh Pared Beach, feeling a bit like young Leonardo DiCaprio in The Beach, eyes wide as he stumbled upon a deserted Maya Bay for the first time.

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Ironically, today, Maya Bay remains packed with tourists, while this secret spot, just two ferries away, brims with the kind of charm that time forgot.

What To Do in Koh Yao Yai

Enjoy Sidecar Rides Along Phang Nga Bay

One of the best things to do on the island is hit the roads on a 110cc scooter and drift aimlessly through its fishing villages.

I loved drinking in the sights of island life as they whizzed past: water buffalos wallowing in muddy fields, sparkling sea views layered with limestone karsts, and stilt-propped homes in shades of pink, and blue.

Many hotels and local motorbike operators rent scooters for as little as £6 (฿300) a day.

You can also hire a vintage-style scooter with a sidecar – a fun way to get around these parts – if you fancy a romantic twist to your island holiday.

Take a Batik Painting Class By The Sea

Across the hill from Klong Hia Pier, a local batik shop offers a relaxing afternoon escape from the island’s heat-hazed beaches.

When I visited Batik De Ko Yao, the instructor Lai led me to a bench overlooking the sea and guided me through the basics of batik painting.

The entire process, from tracing the design with molten wax to brushing it with vibrant dyes, was surprisingly meditative.

Once done, Lai dyed and proofed the piece before packing it up for me to take home.

Explore Crowd-Free Beaches

The beaches of Koh Yao Yai are starkly empty save for ghost crabs scuttling in and out of flint-coloured sand, or the occasional longtail boat with locals out fishing.

Especially worth visiting is Laem Haad beach, where the tide retreats beyond the shore each morning, revealing a serpentine sandbar that’s fun to walk across.

From there, you can spot the island’s smaller sibling, Koh Yao Noi.

In the evenings, watch the sun smear the skies in orange-pink hues at Loh Pared Beach, a soft white-sand cove on the island’s western end.

Another excellent spot is the Klong Son beach, where I arrived after braving a rocky road flanked by rubber trees.

The sun was blazing, the water warm, and although I craved a cold
drink, I was pleased to see that there were no shops or shacks lining the beach.

Take a Mangrove Tour

The island’s mangrove routes are perfect for relaxed and low-impact activities like kayaking.

Local guides lead you through canopied mangrove forests and sunlit lagoons in southern Koh Yao Yai, where you can spot a variety of indigenous wildlife – from mudskippers and tree snakes to monitor lizards and tropical birds – as you kayak through the waters.

Where To Eat and Drink

Koh Yao Yai is home to a predominantly Muslim population, which means bars and booze shops are rare – but not impossible to find.

Small, family-run shacks also dot the island, serving fragrant Massaman and Panang curries with rice, spicy salads, and Thai specialties for as little as £3 to £4 per plate, or under £20 for a meal for two.

One local favourite is Isaan Fine1, which has a bar menu serving cheap Thai beers like Singha, Leo, and Chang’s for just £3 a pop.

While you’re here, make sure to fill up on pad thai, drunken noodles, and fresh Thai salads, too.

Another spot to enjoy drinks, grub, and music after a day out is Gypsy, a rustic island-style shack on the far end of Loh Pared Beach.

Sink your toes into the sand while you enjoy a cold beer or a mojito for just under £5.

For a more elevated experience with bay views, head over to the Jetinn Sunset at Pier at the Santhiya Resort.

Open from 5p.m to 7 p.m. daily, this overwater bar offers a lively sundowner vibe with panoramic views of Phang Nga Bay.

Cocktails are a bit pricier than elsewhere, but the vibe and views more than make up for it.

Where To Stay

If you don’t mind the splurge, lavish retreats like the Santhiya Koh Yao Yai and Anantara Koh Yao Yai offer idyllic sea-view villas and suites from £140 and £275 per night.

For a more laidback stay, the Thiwson Beach Resort offers rustic bungalows overlooking the sea from just £70 a night.

A short walk away, the Better View Resort has sea view rooms for £84 a night.

If you prefer to keep it simple and stretch your stay, budget-friendly options like the Koh Yao Beach Front are excellent.

Located steps away from the Laem Haad beach sandbar, you can rent breezy bamboo huts here for as little as £27 a night.

Tucked further inland, the Patcharin Homestay and Bahnwalee offer clean wooden cottages between £20-£30 a night.

Wherever you stay, Koh Yao Yai presents a glimpse of Thailand as it once was: unhurried, unfiltered, and magical.

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If you are still looking for holidays in Thailand, then you could go kayaking, hiking, have cooking classes and zip-line in the Thai city that is top place to visit next year.

Plus, the Thai island Brits have no idea exists that is like going back in time – and loved by famous footballer.

When Jibrin Kolo Adamu talks about how the HumAngle Accountability Fellowship changed his life, his eyes light up with purpose. “The fellowship was impactful because I am currently working because of the skills I acquired from it,” he said. 

He added that “I learnt the art of human storytelling, and it helped me to win several grants and partnerships for my organisation. I now lead advocacy programs because of the HumAngle training.”

Jibrin is one of many young journalists and advocates from Borno State who have passed through the HumAngle Accountability Fellowship. The fellowship program was launched in 2022 with support from the MacArthur Foundation to promote transparency, accountability through storytelling, and community-driven advocacy initiatives. Over the past three years, five cohorts have been trained, with fellows drawn from the northern, central, and southern federal constituents of Borno state.

For many of them, the fellowship was a turning point.

Halima Bawah, a fellow from central Borno, said the training gave her the courage to start her own organisation. “I launched an advocacy group promoting renewable and sustainable climate action solutions. Now my company provides climate-smart solutions, recycling plastic waste, and offering consultations to other organisations,” she explained proudly.

Rukkaya Ahmed Alibe, who works with a radio station in Maiduguri, the capital city of Borno State, said the fellowship transformed her broadcasting career. “I have integrated human-centred storytelling into my radio programs. It has made my work more impactful and connected to the people. I now produce stories that give voice to local communities,” she said.

Another alumnus, Abubakar Mukhtar Abba, from central Borno, shared how the fellowship inspired his journalism journey. “I had no background in journalism, but the fellowship gave me everything in six months. I am now a freelance journalist reporting important stories about the humanitarian crisis in the region. My stories are driven by the question of accountability and how it affects the lives of ordinary people. All thanks to HumAngle,” he said.

The fellowship aims to build a new generation of journalists and advocates who use storytelling to demand accountability and amplify community voices in conflict-affected areas.

Speaking during an alumni roundtable session held on Oct. 11 in Maiduguri, Angela Umoru-David, HumAngle Foundation’s Director, said the engagement was an opportunity to see how far the fellows have come. “Engaging with the alumni was an opportunity to experience first-hand the impact the fellowship had on the participants. We have achieved exactly what we hoped for: a network of young people pushing locally-driven solutions and demanding accountability,” Angela said.

According to Angela, many alumni are now leading organisations, winning international fellowships, and pursuing advanced studies abroad. “We have an alumnus pursuing a PhD in security studies in China, another starting a waste management and environmental protection company, and many others representing their communities on global platforms,” she added.

The stories of progress from the fellows are not limited to Borno State alone. Across Adamawa and Yobe, the fellows have similar stories. During a similar roundtable held in Yola, the Adamawa state capital, in September, fellows said HumAngle had been a major influence on how their careers are blossoming currently, expressing their willingness for collaborations in the future.

“The support HumAngle gives us goes a long way,” Habila Albert, a member of the second cohort of the fellowship noted. Fellows from Damaturu in Yobe also highlighted stories of collaboration within each other.

Salma Jumah, Senior Programme Officer of the Foundation, noted that the fellowship’s success reflects the power of knowledge and collaboration. “The learning session with the Accountability Fellows has shown us that they have built a strong network and a remarkable trail of impact. Hearing from participants across all cohorts, we’ve seen significant accomplishments and stories of change that speak to the strength of this community,” Salma said.

From classrooms to radio stations, and from local advocacy groups to international platforms, the fellows of the HumAngle Accountability Fellowship continue to inspire change and promote accountability and transparency in both private and public sectors across northeastern Nigeria.

The English Riviera is a 22-mile stretch of the South Devon coast with Torquay at its northern end. It’s sometimes compared to the French Riviera, but it’s a very different place

Stand on the promenade of this legendary seaside resort when the weather’s pleasant, and you could easily mistake yourself for being somewhere on the Mediterranean rather than in Britain. Lines of palm trees flutter in the wind, waves gently wash onto an expansive sandy shore and gleaming art-deco structures perch on the hillside overhead.

Take a closer look, though, and there are telltale signs you’re actually on the English coast rather than somewhere along the French Riviera. Reach reporter Milo Boyd is pretty sure traditional fish and chip outlets, seaside souvenir shops and penny arcade machines aren’t common sights along the Côte d’Azur.

And whilst a typical July afternoon in this Devon resort of 50,000 residents reaches around 20C with some cloud cover, the French Riviera basks in 29C temperatures with glorious sunshine and clear blue skies.

Parallels drawn between the Devon shoreline and the glamorous French destination date back to Victorian times, when tourists likened the mild microclimate and stunning landscape of Torbay – a 22-mile section of the South Devon coast with Torquay at its northern tip – to the 186 miles of the original Riviera.

Whilst the French Riviera sometimes faces criticism for being overly warm, rather posh, and costly, Torquay regularly receives brutal assessments of an entirely different nature.

Actually, it appears to attract an unfair share of criticism, reports Devon Live.

Last year, a Which? survey declared Torquay as Brits’ most disliked seaside destination, whilst The Telegraph ranked it as their 13th most disappointing coastal location.

Even one of Milo’s taxi drivers couldn’t resist having a dig, branding the high street as a “dump”. The decision-making process of these competition judges is a mystery to him, and their lack of taste in coastal spots is evident.

After a weekend getaway in Torbay, Milo was captivated and intrigued by Torquay, a seaside town unlike any other he has encountered in the UK.

Food and drink in Torquay

One of the town’s most appealing and tasty features is its food. Sure, you can find the traditional cod and chips every 10m along the seafront as you would in most UK seaside towns, but Torquay has much more to offer.

Milo had the good fortune to get a quick tour of the town’s food scene through an invitation to the 7 Chefs event on 4 October. Over seven hours, guests are treated to seven different seafood dishes, each crafted by a different chef and served in a different independent restaurant.

This annual event is highly sought after, making stops at the Michelin-starred Elephant for some braised octopus, the sibling-run Ollie’s for a generous lobster thermidor, delicately prepared oysters at No. 7 Fish Bistro and Offshore for its unique take on mussels with katsu.

If you fancy indulging in top-quality seafood and British-produced wines, then this event is perfect for you.

It might only happen once annually and set you back £120, but you’ll require a solid 364 days to recover after tackling diver-caught scallops at The Yacht, a generous helping of fish and chips at Pier Point, and cheese with far too much port at Twenty1 Lounge.

“Lightweight,” one of my fellow foodie companions shouted after me as he ordered another couple of reds for good measure, whilst Milo hauled his aching frame into a taxi.

The event also runs in Brixham on the opposite side of the bay.

The vibrant, boutique village houses one of England’s largest fishing markets and restaurants, including Olive, The Prince William, and The Mermaid, where many of the 40 fish and shellfish varieties landed here are consumed.

‘The Queen of the English Riviera’

Torquay is often dubbed ‘the Queen of the English Riviera’, and rightfully so.

On a bright day, the magnificent art deco properties crown the hillside overlooking the bay, sparkling in the sunlight like gems in a tiara.

Torbay lies just beyond the western tip of the Jurassic Coast and comprises Devonian limestones intersected with red ochre deposits.

These form a intricate landscape featuring elements like the wave-carved Berry Head platform and natural caves. On a Sunday afternoon, Milo was given a tour by Nigel Smallbones, the ranger at Berry Head Nature Reserve for 27 years.

He showed Milo the roosting spot of a 1,600-strong guillemot colony, the cave system where his son monitors the 56 resident horseshoe bats, and explained how rock enthusiasts travel from as far as China to appreciate the geology.

A short half-hour drive around the bay led me to Kents Cavern – a prehistoric cave system unearthed by some tough Victorians. It’s an awe-inspiring place that continues to yield significant scientific discoveries, including the jawbone of a Neolithic girl likely devoured by cave hyenas, and a colossal bear skull.

If exploring a cavern filled with stalagmites and stalactites isn’t your cup of tea, just up the road lies a piece of British comedy history – the hotel that inspired John Cleese’s Fawlty Towers. Perhaps due to its somewhat infamous association, the hotel has since been replaced by a block of flats and a commemorative blue plaque.

One stark difference between the Rivieras is their approach to drinking. Milo was genuinely taken aback and impressed by the amount his fellow restaurant-goers consumed, and how some managed to stomach a full English breakfast on a sunrise boat trip the next morning.

Such passion and resilience would be hard to find on the French Riviera.

Locals he spoke with admitted that Torquay’s nightlife isn’t what it used to be, with several mourning the loss of two clubs that once offered unlimited drinks for under a tenner.

Nevertheless, the party atmosphere endures through the 1,200-capacity Arena Torquay, which is hosting an Ibiza throwback evening next week, alongside a string of bars along the quayside.

With roaming packs of stag and hen parties, some donning lederhosen in honour of Oktoberfest, Torquay remains regarded as a cracking spot for a night out.

Devon’s temperate climate and breezy conditions mean its flourishing vineyard industry creates light, refreshing wines that complement seafood perfectly – a fortunate match.

Torquay also boasts several gin distilleries.

Laurance Traverso, director of the Coastal Distillery Co, served me a delightful G&T from his waterside headquarters.

So what’s behind the animosity?

There’s undoubtedly a segment of the British public that simply doesn’t rate Torquay.

If you rock up for a family break and have the bad luck of being drenched for seven days straight, Milo can see their point.

Some townsfolk have grown fed up with the high street and how districts beyond the seafront and tourist hotspots have deteriorated.

Local Sophie Ellis-Marsden revealed: “I avoid that end of town. I don’t have much nice to say, to be honest. The waterfront is lovely, and that’s the only thing that is.

“It’s nice, don’t get me wrong, I moved here from Milton Keynes for the sea, but it needs more work. More shops just seem to be shutting down. Everything’s gone, and I don’t really know why.”

The local authority appears determined to tackle these problems head-on.

Significant investment has already been made, with much more planned for the future.

The Strand at the harbourside has been transformed into a piazza-style promenade, featuring expanded pedestrian zones for dining and seating, plus improved public transport connections.

A former Debenhams department store is earmarked for demolition, to be replaced with new homes, cafés, restaurants, and an upmarket hotel.

Additional proposals are in the works for the town centre, along with further development at The Strand, which the council estimated would create approximately 80 full-time jobs, £32 million in wages, and attract 86,000 new visitors over a 30-year period.

The total cost of the scheme is reported to be £70 million.

Laura and Ste Knowles, from St Helens in Merseyside, were left red-faced after a hilarious incident was caught on camera during their holiday in Tenerife, Spain

A couple were left in stitches after one of them was caught on camera face-planting onto the pavement while attempting to ride a plastic elephant at a Spanish holiday resort.

Most people will have recollections of doing something daft and amusing after having had a tipple too many. For one pair, from St Helens in Merseyside, this recently occurred during their getaway in Tenerife in Spain, which resulted in them face-planting on the street. Laura and Ste Knowles had indulged in “a few champagne cocktails” before the comical accident, which was recorded and subsequently posted on social media. After finding the bright yellow elephant outside a shop, 42-year-old Laura challenged her partner Ste, 44, to clamber on top for an amusing snap.

If you’ve previously visited Tenerife, you might recognise the yellow elephant, as it’s the renowned logo of the Fund Grube department store chain, which sells an extensive range of cosmetics, perfumes, and jewellery at prices frequently lower than in other European nations, and can be discovered in numerous locations throughout Tenerife.

However, the pair’s boozy dare rapidly transformed into a catastrophe as Ste lost his footing and tumbled forwards, causing both him and the elephant to crash to the pavement.

The tumble left the furious shop owner absolutely livid, as Laura remembered: “She chased us up the street a bit.”

The duo, from St Helens, Merseyside, had been wandering along the Veronicas strip in Playa de las Américas, Tenerife, Spain, when they encountered the plastic creature. Laura went onto reveal it was her idea for Ste to climb onto the elephant.

“We’d had a few champagne cocktails and I stupidly suggested to Ste to climb on the elephant for a photo,” Laura explained. “I thought it was like the Superlambanana sculpture in Liverpool.

“But it wasn’t held down and it was as light as a feather. So he fell and hit the deck, taking it with him,” Laura added. “The shop owner was livid.”

She continued to say: “It had a few bumps on it so obviously it had happened before, but she chased us up the street a bit.”

The pair’s clip became an internet sensation on TikTok, amassing more than 370,000 views and hundreds of responses from entertained followers.

“It didn’t gone so well,” one viewer commented, while another jokingly penned: “Us Brits just love to say sorry! Now was he saying sorry to the elephant for knocking it over?”

“Darling hold my hand… Nothing beats a Jet2 holiday,” another person quipped.

Nevertheless, not everyone was amused, as some grumbled it was ‘typical’ holidaymaker behaviour that residents usually detest, which has recently sparked demonstrations across numerous popular holiday spots in Europe, including Tenerife.

“Quality tourism,” one person moaned, while someone else added: “Tourist Go Home.”

The Great British Bake Off star Iain Ross has been a firm fan favourite on the Channel 4 baking show, but some viewers have only just noticed one thing about him

The beloved Channel 4 programme The Great British Bake Off has returned to our television screens as hopeful contestants compete to claim the title of Britain’s finest amateur baker, with Iain Ross, from County Derry, Northern Ireland, already capturing the hearts of countless viewers. Yet some are only now cottoning on to exactly who the 29-year-old software engineer bears a striking resemblance to.

Iain, who harbours a passion for live music alongside his sourdough obsession, originally had zero intentions of gracing the show with his presence, but when his girlfriend Dervla refused to accept defeat, he eventually submitted his application. Channel 4 audiences are undoubtedly thrilled he did, with legions branding him ‘adorable’ across social media platforms.

However, others are now spotting another fascinating detail about him – his uncanny likeness to a particular children’s television character.

Which character might that be, you wonder? None other than Sir Gadabout from the beloved children’s tale Zog, which has since been transformed into an animated BBC production.

A viewer named Katie recently took to X to highlight the remarkable similarity, penning: “For weeks I’ve struggled to think of who Iain reminds me of and it took my son wearing his Zog pyjamas for me to finally realise that it’s Sir Gadabout. #GBBO.”

Clearly, numerous others shared her observation, as the post accumulated over 66,000 views alongside thousands of likes.

One individual responded: “Thank you. I’ve been thinking exactly the same thing!”.

Meanwhile, another chimed in: “Oh my goodness! Absolutely nailed it!”

A third chimed in: “Thank you, I’ve been so confused why he looked so familiar,” while a fourth said: “You are not wrong!”

A further fan exclaimed: “It’s literally him,” while another simply concurred: “Yes!”

Speaking about securing his spot on the programme, Iain told Radio Times: “Every step of the way I kept it a secret from everyone apart from Dervla, I didn’t think I’d make it to the following stage and I didn’t want to let anyone down.

“Then when I got the call to confirm my place I was in sheer disbelief, I had no idea it would actually happen.”

He added: “I thought it was a prank at first, I got a call a few minutes after being told and I thought they were going to tell me they made a mistake and I wasn’t actually on the show!”.

“I was in the office at work and had to go out to the foyer to take the call and speak in code, everyone who was walking past heading to the toilet looked very concerned and confused.”

Iain, who lives in Belfast with Dervla and their cat Victor, disclosed on the programme that he was planning to pop the question to her, and has since announced on his social media pages that she said yes.

His heartfelt post featured Dervla flaunting a dazzling ring with Crawfordsburn waterfall in Northern Ireland as the stunning backdrop.

Captioning the snap, he penned: “Don’t suppose you know anyone who can make a decent wedding cake?”

He then added: “A picture at this waterfall every year for the past 8 years, and a special lil one to complete the frame.”

FEARNE Cotton has admitted she’s not sleeping well and her brain “feels a bit wobbly” – after it was revealed her paedo ex Ian Watkins was killed in prison. 

Two prisoners serving time at HMP Wakefield were arrested this week for the alleged murder of the shamed Lostprophets singer after he was stabbed to death. 

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Fearne, 44, was rumoured to be dating Ian – who was 48 at the time of his death – in 2005, before he was jailed for 29 years in 2013 for offences including abusing babies.

Now the presenter has opened up about the struggles she’s been facing recently. 

Writing on Instagram, Fearne said: “Four life lessons from this week. 

“I’m not sleeping well. My brain is a bit wobbly at the moment but I’m grasping the lessons life is chucking my way.”

Fearne was flooded with support from followers and friends, including fellow presenter Holly Willoughby. 

Holly, 44, commented: “Love you Cotton Chops.” 

The two stars, who have been friends for 17 years after starting their careers hosting kids’ TV, are said to have reconnected last year after drifting apart. 

They worked together on Celebrity Juice but reportedly grew apart when Fearne quit the show in 2018. 

Meanwhile Ian is understood to have been ambushed and stabbed as inmates were allowed out of their cells.

West Yorkshire Police confirmed Watkins had died after being “seriously assaulted”.

The force said: “Detectives have charged two men with murder after the death of a prisoner at HMP Wakefield on Saturday.

“Ian Watkins, 48, was pronounced dead after being seriously assaulted at HMP Wakefield on Saturday morning(11 October).

“Rashid Gedel, 25, and Samuel Dodsworth, 43, both of HMP Wakefield have both been charged with murder.

“They are due to appear at Leeds Magistrates Court this morning.”

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In the last few weeks, USC has found itself caught in a political tug-of-war that could potentially change campus life permanently.

Gov. Gavin Newsom threatened on Oct. 2 to cut “billions” in state funding, including the popular Cal Grants that many students rely upon, if California schools bowed to pressure from the Trump administration.

Newsom’s messaging came in response to a White House directive that asked USC and eight other major national universities to commit to President Trump’s views on gender identity, admissions, diversity and free speech in exchange for priority access to federal dollars.

The topic was covered in depth by my colleagues Jaweed Kaleem and Melody Gutierrez.

Let’s jump into their article and see what options lie ahead for USC.

What the White House told USC

USC and other universities were asked to sign a “Compact for Academic Excellence in Higher Education,” which commits them to adopt the White House’s conservative vision for America’s campuses.

The Oct. 1 letter also suggests colleges should align with Trump’s views on student discipline, college affordability and the importance of hard sciences over liberal arts.

The compact asks universities to accept the government’s definition of gender — excluding transgender people — and apply it to campus bathrooms, locker rooms and women’s sports teams.

But the White House letter to USC and other campuses is more stick than carrot.

The government says it will dole out new federal money and give preference to the universities that accept the deal over those that do not agree to the terms.

Signing on would give universities priority access to some federal grants, but White House officials say the government money would not be limited solely to those schools.

How Trump wants to cut back on international students

The federal compact would also severely restrict international student enrollment to 15% of a college’s entire undergraduate student body. Plus, no more than 5% could come from a single country.

That provision would hit USC hard, where 26% of the fall 2025 freshman class is international. Half of those students hail from either China or India.

Cutting into that rate would be a financial blow to USC, where full-fee tuition from international students is a major source of revenue. The university has already endured hundreds of layoffs this year amid budget troubles.

How Newsom is responding

Newsom wrote that “if any California university signs this radical agreement, they’ll lose billions in state funding — including Cal Grants — instantly.”

He added, “California will not bankroll schools that sell out their students, professors, researchers, and surrender academic freedom.”

Students become eligible for Cal Grants through the Free Application for Federal Student Aid or California Dream Act Application. In 2024-25, $2.5 billion in Cal Grants were doled out to California students.

What is USC doing?

The school’s faculty members strongly denounced Trump’s offer at a meeting Monday, calling it “antithetical to principles of academic freedom.”

But interim President Beong-Soo Kim told the roughly 500 attendees that the university “has not made any kind of final decision.”

One of the nine schools presented with Trump’s deal, MIT, forcefully rejected the White House’s proposal last week. (It is unclear how the White House selected the nine schools that were offered the deal.)

Notes from a reporter’s notepad

Kaleem, one of the Times reporters on this story, noted that universities throughout Southern California, including USC, UCLA and others in the UC or Cal State systems, find themselves under siege from the White House, whether they were offered Trump’s proposal or not.

“Grants for funding and research are being held up because of investigations into antisemitism or diversity or other issues,” he said. “There are very few universities untouched by the push from Trump on higher education.”

Kaleem spoke with several politically active students and professors at USC who see Newsom’s gesture as a blessing in disguise.

“They felt the governor’s threat to take away money actually gives the USC campus cover to resist Trump more forcefully,” Kaleem said.

Now USC administrators could defy the White House under the guise of trying to avoid losing funding from the state, according to those who spoke with Kaleem.

“They could say they can’t be blamed because they’re being forced to resist Trump,” he said. “It’s an interesting potential strategy.”

For more, check out the full article here.

Today’s top stories

Part of the debate over the ongoing federal government shutdown focuses on funding for the treatment of undocumented immigrants at hospital emergency rooms.

(Ashley Landis / Associated Press)

Trump claims Democrats want to use federal funds to give undocumented residents healthcare. That’s misleading

• Undocumented immigrants cannot access federal programs, but California law provides state-funded Medi-Cal coverage costing the state $11.2 billion annually.
• President Trump claimed recently that Democrats “want to have illegal aliens come into our country and get massive healthcare at the cost to everybody else.”
• Democrats called Trump’s assertion an absolute lie, accusing Republicans of wanting to slash federal healthcare benefits to Americans in need to pay for tax breaks for the wealthy.

Beutner launches bid for L.A. mayor, vowing to fight ‘injustices’ under Trump

• Former L.A. schools Supt. Austin Beutner kicked off his campaign for mayor on Monday with a video message that hits not just Mayor Karen Bass but also President Trump and his immigration crackdown.
• Beutner vowed to counter Trump’s “assault on our values,” while also criticizing City Hall over homelessness, housing costs and rising city fees.

Three more L.A. County deaths tied to synthetic kratom

• The deaths have been linked to kratom, a compound that is being synthetically reproduced and sold over the counter as a cure-all for a host of ailments, the county Department of Public Health announced Friday.
• The compound was found to be a contributing cause of death in three residents who were between the ages of 18 and 40, according to the county health department.
• That brings the total number of recent overdose deaths related to kratom in L.A. County to six.

What else is going on

Commentary and opinions

This morning’s must read

Other must reads

For your downtime

The Griselda’s Revenge cocktail from the Black Lagoon pop-up bar.

(Black Lagoon)

Going out

Staying in

A question for you: What frustrates you the most about parking in L.A.?

Karen writes: “My frustration is that the city started making people pay to park along the road up to the Griffith Observatory. That was the one free and delightful place to get both some sight-seeing and some good walking in after the hunt for a spot. It felt very unfair and opportunistic of the city to limit access to city parks by charging that fee.”

Email us at [email protected], and your response might appear in the newsletter this week.

And finally … your photo of the day

Theatergoers take their seats to see “Les Miserables” on Oct. 8 in Los Angeles.

(Jason Armond / Los Angeles Times)

Today’s great photo is from Times photographer Jason Armond at opening night of “Les Misérables” at the Hollywood Pantages Theatre.

Have a great week, from the Essential California team

Jim Rainey, staff writer
Kevinisha Walker, multiplatform editor
Andrew J. Campa, reporter
Hugo Martín, assistant editor
Karim Doumar, head of newsletters

How can we make this newsletter more useful? Send comments to [email protected]. Check our top stories, topics and the latest articles on latimes.com.

Manager Michael O’Neill felt had Northern Ireland beaten Germany at Windsor Park in World Cup qualifying on Monday night that they would have been in a “strong position to achieve something amazing”.

It was not to be with Nick Woltemade’s somewhat fortuitous goal the difference between the two sides in Belfast.

When the dust settles on a window during which his young side also beat Slovakia 2-0 on Friday, O’Neill will surely feel encouraged that such a possibility remains on the table as he seeks to take the side to the game’s biggest stage for the first time in four decades.

For the second time in five weeks, Northern Ireland’s players left the field against the four-time World Cup winners believing they could and perhaps should have taken something from the game.

In Cologne last month, it took until after the 70th minute before the visitors tired and quick-fire goals from Nadiem Amiri and Florian Wirtz secured an unconvincing 3-1 win.

Back in Belfast on Monday night, it was Northern Ireland who finished the stronger of the sides, but they could not find an equaliser during a final 25 minutes played largely in Germany’s third of the pitch.

The result ends any realistic chance of O’Neill’s side topping Group A, but the performance, allied with wins in their other two matches to date, means they can have real belief that they can both make and then succeed in the play-offs.

A draw in next month’s seemingly crunch fixture in Slovakia followed by a win over Luxembourg, provided as O’Neill put it “Germany take care of business at home when they play Slovakia” in the final matchday, would be enough for second place.

Even should that not come to pass, there remains a likely backdoor into the play-offs as an otherwise unqualified group winner from last year’s Nations League, although that would potentially mean a considerably stronger opponent in an away semi-final.

“We’ve gained some momentum and picked up some good results,” said defender Paddy McNair, one of two players in O’Neill’s current squad who played for Northern Ireland in their last major tournament at Euro 2016.

“If I was the opposition, I would not like to face us in the play-offs.

“It’s pretty hard to finish first now, but I think we have to get to Slovakia and get three points and you just never know what could happen going into the last game.”

Oct. 14 (UPI) — Google announced it will invest $15 billion to build an AI hub in India, Google Cloud CEO Thomas Kurian announced Tuesday.

The hub will be in Visakhapatnam, Andhra Pradesh, in southeastern India, and will reportedly be a 1-gigawatt facility.

The investment is Google’s largest Indian investment to date and will create Google’s largest AI hub in the world outside of the United States, Kurian said.

On Monday, Lokesh Nara, Andhra Pradesh’s minister of Human Resources, posted on X about the investment.

“After a year of intense discussions and relentless effort, tomorrow we make history. Google will sign an MOU with the Govt. of Andhra Pradesh for a 1GW project with an investment of $10 billion USD. It is a massive leap for our state’s digital future, innovation, and global standing. This is just the beginning,” he wrote.

The Indian Economic Times reported on Saturday that the investment would come from Google’s Indian subsidiary Raiden Infotech, which will also develop three campuses in Visakhapatnam.

According to an analysis commissioned by Google by Access Partnership, the AI hub is expected to generate at least $15 billion over five years in American gross domestic product because of new economic activity from increased cloud and AI adoption, as well as the American talent and resources involved in developing and operating the AI hub, the Google press release said.

“The Google AI hub in Visakhapatnam represents a landmark investment in India’s digital future,” Kurian said in a statement. “By delivering industry-leading AI infrastructure at scale, we are enabling businesses to innovate faster and creating meaningful opportunities for inclusive growth. This partnership reflects our shared commitment to the Indian and U.S. governments to harness AI responsibly and drive transformative impact for society.”

Part of the investment will be the construction of a new international subsea gateway, including multiple international subsea cables to land in Visakhapatnam, which is on the coast of the Bay of Bengal. This will help India meet its increasing digital demands, giving route diversity to complement subsea cable landings in Mumbai and Chennai and securing India’s digital backbone.

“This significant investment in Andhra Pradesh marks a new chapter in India’s digital transformation journey,” said N. Chandrababu Naidu, chief minister of Andhra Pradesh, in a statement. “We are proud to host India’s first truly gigawatt-scale data center and Google’s first AI hub in India, which is a testament to our shared commitment to innovation, AI adoption, and long-term support for businesses and startups in the state.”

AeroVironment has unveiled a new member of its Switchblade family of loitering munitions, the Switchblade 400. It is designed to offer similar capabilities, especially when it comes to destroying enemy tanks and other heavy armor, to the larger Switchblade 600, but in a package that a single individual can employ. It is also sized to fit into U.S. military standard Common Launch Tubes (CLT), which are typically used to fire precision-guided munitions and small uncrewed aerial systems from crewed and uncrewed aircraft, primarily within the special operations community.

Todd Hanning, product line director for what AeroVironment is currently calling its Mojave systems, which includes the Switchblade 400, talked about the new offering with TWZ‘s Howard Altman on the show floor at the Association of the U.S. Army’s (AUSA) main annual symposium today. The Switchblade 400 was originally developed to meet a U.S. Army requirement under the service’s Low Altitude Stalking and Strike Ordnance (LASSO) program. LASSO is also part of a larger effort that the service calls its Lethal Unmanned Systems Directed Requirement (LUS DR). The Army has already been buying Switchblade 300s, which are smaller than the new 400 version, as well as the bigger 600s, to meet its LASSO/LUS DR needs.

Hanning explained that the core Army requirement that led to the Switchblade 400 was a total weight of 40 pounds for the All-Up-Round (AUR), which consists of the loitering munition and its launch tube. AeroVironment’s website says a single individual can carry the weapon and have it ready to launch within five minutes. The Switchblade 600 is available in a man-portable form, but is designed for employment by a team and takes twice as much time to set up.

Switchblade 400 needed to be a “single soldier lift,” Hanning said. “Switchblade 600, coming in at about 67 pounds, so right out of the gate, we’ve got to shed about 30 pounds off this thing. Yet we still want the same lethality for [sic; as] a Javelin.”

The Switchblade 600 notably features an anti-armor warhead based on the one in the FGM-148 Javelin anti-tank guided missile (ATGM). AeroVironment also unveiled a Block 2 version of the Switchblade 600 today, which offers greater endurance and a new secondary payload bay for added flexibility, as well as improvements to its artificial intelligence and machine learning-driven automated target recognition capabilities.

Hanning said that the Switchblade 400 and Switchblade 600 Block 2 reflect a new modular, open-architecture approach AeroVironment is taking, which offers benefits when it comes to manufacturing and supply chains. The “same avionics, … the same camera architecture, same motor, [and] same power technology” are used in both models.

Overall, Switchblade 400 is “how do we take, really, a Block 2 [Switchblade 600], the next-gen, take 30 pounds out of it, and still do the same mission,” Hanning added. “Now you’re losing a little bit of endurance, right? We had to pull two cameras out, but you still have a gimbaled payload with probably the best optics out there on this kind of a platform, you’ve got the Javelin [warhead], you’ve got some new battery technology, and it’s very lightweight.”

AeroVironment’s website says Switchblade 400 has a maximum endurance of 35 minutes, and a speed profile that allows for 27 and 15 minutes of loiter time after reaching target areas 12.4 miles (20 kilometers) and 21.7 miles (35 kilometers) away, respectively. The company also says it can reach out to around 40 miles (65 kilometers) by handing off control to an operator closer to the target.

This all puts Switchblade 400 roughly in between current-generation Switchblade 300s and Switchblade 600s in terms of range and endurance, but with the ability to engage the same kinds of targets as the latter. Switchblade 300s have much smaller warheads weighing just under four pounds. Switchblade 400 also gives a single user a major boost in capability over a Javelin, which has a demonstrated maximum range of just under two and a half miles (4,000 meters) in its latest man-portable configuration, and no ability to loiter.

Hanning used the breadth of targets that Ukrainian forces have been using Switchblade 600s against to underscore the capabilities on offer. Ukraine has received tranches of both Switchblade 300s and 600s.

“They were shooting some tanks early on, but now you’re seeing them take out surface-to-air missile batteries constantly,” he said. “They’ve taken out some trains. A lot of command elements. But mostly what you’re seeing is those high-value assets, those mobile surface-to-air missile batteries.”

It is worth noting here that AeroVironment has been securing sales of Switchblade 300s and 600s to a growing number of countries beyond the United States and Ukraine in recent years. Last year, the U.S. government notably approved the potential sale of 720 Switchblade 300s to Taiwan. The Taiwanese armed forces have been stepping up their acquisition of a growing array of one-way attack drones as part of a larger strategy to challenge a potential intervention from the mainland, as you can read more about here.

That being said, lessons learned from the particular drone-heavy war in Ukraine have been very important for AeroVironment, according to Hanning.

“We take lessons learned from all of the systems that are in Ukraine, and rapidly inject that technology into the 400 and the 600 Block 2,” Hanning said. “So launching in different environments, on different ground surfaces, that was one. Tactics for range and for how you engage the target. So we’re engaging from higher altitudes. We’re engaging faster. We have different communication modes, silent modes, things like that.”

Hanning said the silent mode referred to here involves operating, at least for a time, without emitting signals that enemy forces could detect. He noted that members of the Switchblade family are designed around concepts of operations that involve a human at least ‘on-the-loop’ during any endgame attack run, despite their highly automated targeting capabilities.

In general terms of controlling Switchblades after launch, “we are running Silvus radio[s], but we are agnostic to radios. So we’ve also integrated an L3Harris radio. We did that about two weeks ago. Very easy,” he added. “So, we’re looking to, how can we shed weight at the soldier level so that we’re using all the common systems that they’re already carrying. So, if that’s a PRC radio that they’re already carrying, if we can leverage that for our C2 [command and control] scheme, then that’s what we’d want to do. … that’s part of that whole modular, open system architecture.”

Switchblade 400s, as well as 600s, could make use of their modularity in other ways going forward. Hanning highlighted the possibility of different warhead options by mentioning a test involving a different type supplied by a company called Corvid Technologies.

“We’re really open to whatever the DoD wants. When a lot of people come to us and say, ‘use my thing,’ and I’m like, well, what does the Army think about that?” Hanning said. “We need to know what they want versus what a vendor wants you to want. And so the best way to do that is to just be very open, hear the voice of the customer, and have the ability to integrate things.”

“When you start doing mixed payloads, you definitely want to play with some [things], maybe a smaller warhead, with some electronic warfare packages, things like that,” he continued. CACI is set to supply an electronic warfare package for testing on Switchblade 400 later this month.

AeroVironment’s emphasis on flexibility has already extended to launch modes. Launchers integrated into crewed and uncrewed armored and other ground vehicles, offering indirect fire and reconnaissance capabilities, have been put forward. The Switchblade 300, at least, has been test-launched from maritime platforms. Last month, General Atomics also announced a test launch of a Switchblade 600 from one of its MQ-9 Reaper drones.

Switchblade 400’s aforementioned ability to fit inside a CLT immediately opens up a host of additional potential launch platforms, including various crewed and uncrewed fixed-wing aircraft and helicopters. CLT-launched munitions are a particularly significant part of the current armament package on the U.S. Air Force’s AC-130J Ghostrider gunships, something they inherited from the now-retired AC-130W variants.

When it comes to the Army requirement that drove the initial development of the Switchblade 400, the service is currently evaluating four different options, according to AeroVironment’s Hanning. A downselect of some kind is expected to come in time, but it’s unclear whether the service might choose to further pursue multiple entrants.

Whether or not the Army ultimately acquires Switchblade 400s, it looks to be a significant new addition to this family of loitering munitions, which is seeing growing popularity globally.

Contact the author: [email protected]

A FOOTBALLER has been arrested on suspicion of killing an opponent more than a year after the brutal brawl.

Luis Torres was killed following an alleged attack by Moisés Pulido on 9 September 2024.

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The incident happened during a seven-a-side amateur football match between Torres’ Viper 3.0 and Pulido’s Deportivo Esmeralda on a synthetic pitch in Guadalajara, north west of Mexico City, Mexico.

Torres, 16, is said to have been charging through the midfield in the second half when he laid the ball off before having a go at a rival for a mistimed tackle.

Pulido, 25, is then reported to have rushed over and punched the teen in the face multiple times during the Cannán League game.

After Torres fell to the ground, Pulido allegedly carried on striking him in the back of the head, which caused fatal trauma.

Emergency services were called to the scene but Torres had died by the time they arrived after he was seen convulsing.

Pulido is then said to have fled the scene.

He was arrested on Friday, October 10 after a court order was issued for him to be tracked down.

A court judge charged him with intentional homicide, and he remains in police custody as the investigation continues.

In a statement the Public Prosecutor’s Office said: “On the night of 9 September 2024, Moisés ‘N’ was taking part in a soccer game with the victim on opposing teams.

“At one point, the suspect allegedly hit the victim in the face and then continued to hit him on the back of his head.”

Markets occasionally dump a bucket of icy water on everyone at once, and on Oct. 10, it was the cryptocurrency sector’s turn. In the late afternoon, President Donald Trump threatened to hike tariffs on China, and then a total panic exploded in crypto. For a few terrifying minutes, prices looked like trapdoors into oblivion, wiping hundreds of billions of dollars off the sector’s market cap.

Flash crashes like these are obviously extremely uncomfortable for investors, but they’re clarifying because they expose weak financial plumbing, miscalibrated risk-taking habits, and shaky narratives. They also give long-term investors a checklist for what to do next. Here’s what you need to know, and what you need to do.

Image source: Getty Images.

What just happened

The catalyst for the flash crash had little to do with crypto itself, as the sector is largely unrelated to the flow of trade with China, which the newly threatened tariffs would affect. As the weekend unfolded, Trump and his advisors subsequently softened their tone, which helped markets to stabilize. But the damage was already done.

Prices fell shockingly fast. Bitcoin (BTC -3.26%) dropped by more than 12% from the prior week’s peak before rebounding somewhat. Ethereum (ETH -4.06%) slid by even more at the worst point.

Meme coins and altcoins were utterly shellacked. Dogecoin (DOGE -4.80%) briefly cratered by about 50% before stabilizing. Tokens outside the very largest cohort fell even harder. The crypto publication CoinDesk cited a 33% drop across the board for non-BTC, non-ETH assets, with many losing 80% or more, and a small handful losing close to 99.9% of their value in the same very short period.

The scale of this crash was historic. But why did it cascade so badly? Start with leverage.

The market was primed for a massive unwinding by a recent boom in the leveraged trading of perpetual futures in a handful of new decentralized exchanges (DEXes), and highly leveraged activity across the existing set of centralized exchanges (CEXes). Roughly $19 billion of forced liquidations of leveraged positions across DEX and CEX venues have been reported so far, which is the largest on record by a very large margin. The mechanism here was that the initial price shock caused by the tariff announcement caused a huge number of leveraged positions to blow up and get roughly simultaneously liquidated by the exchanges.

Then came problems with liquidity. Reports indicate that as exchanges were in the process of liquidating those leveraged positions, their own collateral used for borrowing was becoming worthless quite rapidly. This in turn caused some market makers to step back from providing their services to altcoins as volatility exploded amid the liquidations, leaving thin order books and allowing absurd air-pockets in pricing.

That’s likely why the downward price action became so intense so quickly. Without any liquidity available on tap for exchanges or market makers, and without any buyers at most of the prevailing prices, even a small amount of selling activity can create large price moves — and there was a lot of selling. There’s also some evidence that some of the crypto exchanges’ data oracles responsible for being authoritative sources of pricing information seized up or failed in the midst of this process. This heightened fear across both centralized and decentralized venues.

Separately, there is a significant amount of chatter alleging that an insider had advance knowledge of Trump’s new tariff policy announcement and took out a very large short position on Bitcoin in advance, pocketing around $200 million in the resulting crash. These allegations are not proven, though they rhyme with previous instances suspiciously perfectly timed trading in advance of tariff-related crypto market dumps. 

However, it’s important to recognize that Bitcoin was actually the least affected asset during this event, and that its price activity was not really a major contributor to the cascade downward in and of itself.

What long-term investors should do next

The big lessons from the flash crash are simple, and they will age well.

First, do not use leverage to own crypto. Leverage turns both routine and exceptional volatility events into portfolio-destroying liquidations. Blue-chip cryptos like Solana, XRP, Chainlink, and Dogecoin can gap down hard in minutes when liquidity thins. Many traders (or short-term investors) using conservative amounts of leverage — less than 2X — were liquidated right alongside the gamblers levered to 100X.

Second, keep the bulk of your exposure restricted to crypto majors like Bitcoin, Ethereum, Solana, XRP, and Chainlink. Bitcoin held up well, and large chains reported a swift rebound as the tariff rhetoric cooled. The fact that they have a real investment thesis that exists independent of market phenomena helps significantly, too.

Finally, stick to the long game. The flash crash revealed what was fragile. What it did not change is the multi-year thesis for the majors, which depends on adoption, infrastructure, and policy clarity. If you build your allocations around that reality, you will be positioned to survive and benefit.

The Cotswolds is a popular destination for UK visitors and locals seeking a magical weekend getaway, but there are still some hidden gems to be found in the area

The Cotswolds, a favourite spot for UK tourists and locals alike seeking a magical weekend escape, is home to many enchanting yet often overlooked locations.

For those yearning for the quieter side of Oxfordshire or Gloucestershire, the charming town of Nailsworth could be just the ticket, offering all the allure without the hustle and bustle.

Often seen as Stroud’s little sister, Nailsworth is currently undergoing a revival. The creative world has seeped into the area, turning it into a haven for food lovers with independent shops scattered throughout the town.

History buffs will relish the town’s rich history, visible in its significant medieval structures such as Beverston Castle and Owlpen Manor. Over the years, Nailsworth earned a reputation as a mill town and later a centre for brewing beer, which is served in several local pubs.

Creativity

Nailsworth is a hotbed of creativity, thanks to a robust community of artists who have nurtured a lively scene. The town is home to numerous galleries and studios, complementing its industrial heritage reflected in its historic mills, reports Gloucestershire Live.

Nailsworth, a town deeply rooted in textile history, continues to honour its heritage through various independent shops selling handmade clothing and other fabric items. Key historical buildings like The Nailsworth Stream, which powered the town’s mills in the 1600s, and the renowned Dunkirk Mills and Holcombe Mill, are vital parts of its local culture, according to the Express.

Food

Nailsworth, a quaint town nestled in the heart of the countryside, is a foodie’s paradise with an array of dining options ranging from fine dining establishments to traditional bakeries and pubs. The town is also home to the renowned William’s Food Hall, a favourite amongst locals and tourists alike, known for its fresh, locally sourced produce including mouth-watering seafood.

On the fourth Saturday of every month, Nailsworth buzzes with activity as it hosts its Farmers’ Market, showcasing the best of local cuisine. For those looking for a memorable meal, top-rated eateries according to TripAdvisor include Giuseppe’s Restaurant, Amalfi, The Olive Tree, Williams and The Britannia.

But Nailsworth’s allure extends beyond its culinary delights. The town offers stunning walking trails that start from the town centre or nearby Woodchester Park, providing picturesque views of woodlands and lakes.

It’s also conveniently located near natural attractions like the awe-inspiring Westonbirt Arboretum and the historic Painswick Rococo Garden, making it an ideal spot for a day of exploration.

For those seeking a touch of luxury during their weekend getaway, the area’s independent boutiques offer a unique shopping experience. A host of family-run businesses provide a variety of clothing, gifts, arts and crafts, and much more, all tucked away along the peaceful lanes of this charming town.