Latest news with #Bassi
Sky News AU
3 days ago
- Business
- Sky News AU
‘Gap in the short term': ASPI report lays bare the deficiencies in Australia's defence
Australian Strategic Policy Institute's Justin Bassi has spoken on the think tank's report, which has criticised the nation's long-term defence budget. 'The government's own assessment is that we are living in living in increasingly dangerous times, the most dangerous times since the end of World War II,' Mr Bassi told Sky News Australia. 'That assessment, with which we agree, is not being matched by an appropriate increase in defence spending.'
CNBC
5 days ago
- Business
- CNBC
Don't expect the market to go anywhere this summer, says JPMorgan
Looking for another leg higher in stocks this summer? JPMorgan thinks investors should pump the breaks. Fabio Bassi, the bank's head of cross-asset strategy, warned the S & P 500 could "remain rangebound, with limited short-term upside." He added: "The rally to our bull case scenario of 5,800 for S & P 500 has played out, but from here we expect a consolidation and range-bound dynamic." Indeed, the S & P 500 has surged 20% since hitting an intraday low on April 7, as investor sentiment recovered after the "liberation day" tariff shock that sent global markets tumbling. The benchmark closed Friday's session at 5,802.82 (U.S. markets were closed Monday due to the Memorial Day holiday). .SPX YTD mountain SPX year to date The protectionist U.S. trade stance raised concern of persistent inflation — leading investors to lower their expectations for Federal Reserve interest rate cuts. CME Group's FedWatch tool shows traders see the central bank lowering rates twice in 2025. They expected at least three rate cuts when the year began. "The revival of the 'higher for longer' narrative, coupled with reduced tariff concerns, is likely to constrain the expansion of equity leadership," Bassi wrote. "Investors are expected to continue paying a premium for high-quality growth companies, resulting in an unhealthy concentration within the tech sector and the Mag7." The strategist recommended clients hedge against potential downside by buying call options on the Cboe Volatility Index (VIX) , essentially betting Wall Street's "fear gauge" will rise. But Wall Street is set to begin the shortened trading week on a strong note. S & P 500 futures popped more than 1% after President Donald Trump delayed a 50% levy on European goods until July. However, those gains are likely short lived, if JPMorgan's assessment is correct. Elsewhere Tuesday morning on Wall Street, Barclays became the first shop on Wall Street to downgrade CoreWeave since its IPO. The bank lowered its rating on the stock to neutral from overweight. The stock nevertheless added another 4% in premarket trading. "With its voice-A.I platform, SoundHound is a direct play on the A.I revolution," analyst James Fish wrote.
News18
13-05-2025
- Entertainment
- News18
'Anubhav Bassi, Harsh Gujral Are Gay': Comedian's Stand-Up Gets Mixed Reviews
Last Updated: While some users found Madhur Virli's comedy entertaining, others urged him not to joke about anyone's sexuality. Standup comedian Madhur Virli recently joked that Anubhav Singh Bassi and Harsh Gujral are homosexuals during one of his performances. In a video that Madhur shared on his Instagram handle, he was seen making his audience go ROFL after he promised them to tell 'truth" about Bassi and Gujral. Madhur began his show by saying, 'People are so scared in our society. Let me tell you the truth. There are some comics in Delhi who are gay but not able to tell it. Have you heard of Anubhav Singh Bassi? Bassi is gay. Yes. What do you think he does with four of his friends after drinking alcohol at night?" However, he then laughed and clarified that he was only joking about Bassi's sexuality. 'I am just joking, Bassi is not gay," he added. View this post on Instagram A post shared by Madhur Virli (@madhurvirli) Madhur then dragged Harsh Gujral and said, 'Do you know about Harsh Gujral? Harsh is gay. It is true." In the caption of his video, Madhur claimed, 'Update: Bassi & Harsh are dating each other 🤯." Soon after the video was shared online, it received mixed reviews from all. While some found Madhur Virli's comedy entertaining, others urged him not to joke about anyone's sexuality. 'Bhai tu Duniya ke sabhi Londo ka naam le lekin yr bhai harsh ka naam badnam na kr 😢," one of the users wrote. Another user claimed, 'This reel wasn't comedy—it was a soft launch for Delhi's first gay roast battle." For the unversed, both Anubhav Singh Bassi and Harsh Gujral are popular names in the comedy circuit. The former also made his acting debut in 2023 with the movie Tu Jhoothi Main Makkar and is rumoured to be dating content creator-actress Kusha Kapila as of now. On the other hand, Harsh Gujral made his acting debut this year with the movie, Mere Husband ki Biwi. He is currently reported to be single. First Published:
CBC
02-05-2025
- CBC
Truck driver who had licence suspended over alleged breathalyzer refusal argues Manitoba law unconstitutional
Social Sharing A Manitoba truck driver whose licence was suspended after police said he refused to give a breathalyzer sample is challenging the provincial law that saw him temporarily barred from driving, arguing the review process set up by that law makes it unconstitutional. Balwinder Bassi, a professional truck driver, was asked to blow into a breathalyzer device after being pulled over by police while driving in November 2022. He blew into it several times, but the device was unable to get a result. While police initially let him continue to try, they eventually decided Bassi — who was represented in court Thursday by MLA and lawyer Mark Wasyliw — "must be playing games" and charged him under Manitoba's Highway Traffic Act, Wasyliw told Court of King's Bench Justice Shauna McCarthy. "He was begging him, according to the officer, for more opportunities to do the test, and wasn't able to," Wasyliw said, adding Bassi's first language is Punjabi and his English is poor. "There's no evidence the officer told him what he was doing wrong, or gave him corrective instructions." Bassi later tried to plead his case at a hearing with Manitoba Public Insurance, where Wasyliw said the version of events as written in police notes was "uncritically" accepted as fact by the person conducting the hearing, "despite a live witness, who he can ask questions, disputing it." Wasyliw acknowledged "there was some discussion about [Bassi] saying he didn't have anything to drink, and then an admission later that he did" — something the judge called "a pretty big credibility point." But he said there was no explanation given by the person overseeing that hearing for why Bassi's version of events wasn't credible and "should be rejected in favour of unsworn police notes." The lawyer said it's concerning that no one cross-examined police about their notes during the hearing, arguing the way the law is written doesn't give people the ability to properly defend themselves when accused of driving offences — violating legal rights guaranteed under the Canadian Charter of Rights and Freedoms. "Mr. Bassi said he'd done nothing wrong. He attempted to defend himself, and the process was set up so he would fail, and he did not have a fair shake at clearing his name — and because of that, there was some horrible consequences," Wasyliw said. "If you've said that you've done nothing wrong and you go to a hearing and … they go, 'Well, we've got a police report saying you did it, and so you must have did it,' that's wrong. We don't accept that in our courts, not in our culture, not in our system of justice." Wasyliw said that law, which outlines the procedure for getting a suspension reviewed, needs to be "basically rewritten," because "every single Manitoban is getting a raw deal under this act." "You've lost before you even began. You are marching uphill and you have no realistic chance of actually winning that hearing, because you will always lose to a piece of paper," Wasyliw said. "And that is larger than Mr. Bassi." 'No conflict' between MLA, lawyer roles: Wasyliw Wasyliw, the MLA for Fort Garry who now sits as an independent, was a member of the governing NDP's caucus until September, when he was removed from the party's ranks. The NDP initially said that decision was made because a colleague in Wasyliw's law practice was defending convicted sexual predator Peter Nygard in court. That explanation was met with immediate backlash from legal groups across Canada, who said Premier Wab Kinew was attacking the important role defence lawyers play in ensuring everyone has the right to representation in court. Kinew later apologized, saying all he should have said publicly was that there were "irreconcilable differences" with Wasyliw. Wasyliw was in court defending a Winnipeg police officer against an impaired driving charge the day after he was removed from caucus — timing a legal expert said may have allowed the government to dodge a potential conflict. After court on Thursday, Wasyliw said he did not see any conflict between his role in the legislature and his job as a lawyer challenging provincial law. "I'm not a government member. I have no control over the legislation that the government does," he said. "My roles are very separate and distinct. And so no, there's absolutely no conflict." Crown attorney Michael Bodner argued Thursday there was "no merit" to Bassi's application, and said Wasyliw hadn't shown Bassi's Charter rights had been violated. He added while Wasyliw raised concerns about the inability to cross-examine police in hearings like Bassi's, "there is actually no evidence on this case to suggest" Bassi asked to do that during the MPI hearing, when he was represented by a different lawyer. "I'm not suggesting it would be appropriate for MPI to allow for cross-examination, [but] that wasn't even requested," Bodner said. "Not everything needs to be a criminal trial. And the applicants do have the right to provide sworn evidence. Mr. Bassi chose not to." Justice McCarthy reserved her decision until a later date.
Reuters
25-04-2025
- Sport
- Reuters
Dynamo re-sign attacker Amine Bassi through 2025
April 25 - The Houston Dynamo have re-signed attacker Amine Bassi through the rest of the 2025 season. The deal announced Friday includes team options in 2026-27 for the 27-year-old Moroccan international. Bassi has two goals and one assist through nine matches (all starts) in league play this season. "Amine has been a large part of our success over the past two seasons as an orchestrator of our build up, a leader in our defensive pressure and a contributor in our attacking third," Dynamo president of soccer Pat Onstad said. "He has also been a big personality in our locker room and a joy to have around our club." Since joining Houston in 2023, Bassi has recorded 20 goals and 18 assists in all competitions. He led the team in goals (10) in 2023 and assists (eight) in 2024. --Field Level Media
