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Pralhad Joshi Appointed Education Minister After Dharmendra Pradhan Quits @TanishaAwasthi1 | @aishvaryjain
Inside Tyson Foods’ beef-processing plant in Joslin, Illinois, workers facing layoffs have filmed production areas where phones are normally prohibited. The facility processed about 3,100 cattle daily, and its closure will force many local ranchers to transport livestock more than 100 miles to alternative plants, increasing costs and logistical pressure. The shutdown also raises questions about consolidation in America’s meat-processing industry. In less than a year, four Tyson facilities and three plants owned by Brazil-based JBS have reportedly closed or announced closures. Meanwhile, multimillion-dollar executive compensation packages have intensified criticism from workers, farmers, and rural communities affected by the cuts. Rather than allowing processing capacity to become increasingly concentrated, policymakers should help independent farmers and regional cooperatives establish smaller, locally owned plants. Federal loans, grants, and streamlined regulatory support could strengthen competition, reduce transportation distances, and improve food-supply resilience. Taxpayers also deserve a transparent review of past agricultural subsidies, including the $78 million reportedly provided to JBS during the 2018–2019 American farmer bailout program.
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TYSON FOODS IS CLOSING ITS JOSLIN, ILLINOIS PLANT, AIMS TO SELL ITS PASCO, WASHINGTON FACILITY AND PLANS TO SHUTTER A LARGE BEEF PACKAGING FACILITY IN UTAH, AS IT EXITS MORE BEEF PLANTS WITH CATTLE IN SHORT SUPPLY - WSJ
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India’s Union Minister Pralhad Joshi has taken charge as the new Union Education Minister after resignation of Dharmendra Pradhan yesterday.
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🔴BREAKING: India has appointed Prahlad Joshi as new union education minister, The Times of India reports.
Ready to bring that energy 😤 @joshminott on what he adds to the squad.
Key takeaways from yesterday's @GammaSummit panel with @ag_dwf @Richard88488054 @jshinny12 @amitochu and Julie Schoening on capital markets, risk, and the crypto x AI convergence. The two worlds are merging. If you're pure crypto or pure TradFi, you'll need to figure out how to do both. The best firms will be the ones that can balance between the two and flow between markets. Offshore is coming onshore, but who eats the loss in a default? Offshore-style products are now reaching US consumers through regulated brokers. But offshore venues lack TradFi's CCP guarantee fund structure, so end customers effectively are the guarantee fund. Fund segregation also can't be verified offshore. FTX's lessons shouldn't be relearned onshore. Blockchain has been "brewing in the background." While AI took the hype, blockchain companies kept building. We're seeing a strong institutional push into tokenization, especially in Korea. Bear markets reward fundamentals, bull markets reward narratives. Where we're investing? AI side: energy and data centers (plus colocation). Crypto side: stablecoins, payments, and trading platforms (24/7 trading), along with the supporting infrastructure. Emerging markets. Stablecoins fill a real gap in access to stable currency across Latin America, Africa, and parts of Asia. The gaps that remain are on/off ramps, local banking compliance, and cross-border wallets. Incumbents like Stripe are buying rather than building. What real disruption looks like. It means building something entirely new, not polishing existing systems. DeFi is the example: permissionless lending and borrowing in seconds has materially changed how capital is allocated globally. Crypto's structural edge is unsurpassed. 24/7 settlement. Payment and settlement stacks compressed into a more efficient flow. And when everything has a market and a price, net new products open up, like insurance for niche risks. The bottom line? The convergence of crypto and AI is the largest private market opportunity ahead.
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Good eats and great company 🍽️ Follow @terance_mann and @joshminott as they stop by Suzy’s Roti Parlour in Brooklyn for delicious, authentic Trinidadian food →
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