Confusion reigned at ‘s school in on Thursday after the principal said it was closing permanently, only for parents hours later to email all and say classes would continue.
Reports then emerged that the teachers had quit – following the string of controversial and antisemitic rants its founder has made in recent weeks.
It was not clear how many teachers had quit, and how many remained, but the chaos comes amid following his tweets.
Donda Academy, in the Simi Valley, is highly secretive, with parents signing a non-disclosure agreement to keep the school’s location secret and agreeing to say nothing about it.
There are believed to be around 100 students from pre-K to 12th grade paying $15,000 a year, and 16 teachers.
On Wednesday, the principal, Jason Angell, sent an email to parents explaining that West, 45, had decided to close the school ‘effective immediately,’ with classes being cancelled as of Thursday.
Around midnight on Wednesday, however, parents at the exclusive Christian school received the following morning.
‘Join us tomorrow morning in worship for the return of Donda Academy,’ the email read.
‘With the help of our parents and community, we are back and returning with a vengeance!’
Kanye West’s exclusive Christian school announced it would be closing for the remainder of the 2022-23 school year as the rapper continues to face fallout for his repeated anti-semitic comments
Students at West’s Donda Academy wear black Balenciaga uniforms designed by West himself.Above, Celtics basketball player Jaylen Brown pays a visit to the school. Brown this week said he was severing ties with West
A school in the Simi Valley, just north of Los Angeles, which is believed to be the Donda Academy
West returned to Instagram t around his anti-Semitic behavior, which has included repeated claims of ‘Jewish people’ in the media conspiring against him, and Planned Parenthood controlling black populations through genocidal abortions.
On Thursday the rapper said on Instagram that he ‘lost 2 billion dollars in one day’ in an apparent reference to the flock of brands which have dropped him in the wake of his bigoted behavior.
This week Adidas dropped his Yeezy shoe line – a deal which was worth $1.5billion – with Gap, Footlocker, TJ Maxx, and Balenciaga all following suit and cutting ties with the rapper.
Donda Academy’s closure and sudden reopening come just two months after it started up in August.
The school did not respond to DailyMail.com requests for comment.
The exclusive pre-K through 12 school – named after West’s mother, Donda – is located in a secret location in the Simi Valley just north of Los Angeles, and charges $15,000 per student.About half the student body receives financial aid and scholarships, according to The Post.
There are reportedly a number of celebrities’ children in attendance – including R&B singer Keyshia Cole’s son Daniel – and the school is well known for its high-powered basketball team.Rising star Robert Dillingham, 17, plays for the school, and NBA players like Celtics player Jaylen Brown have made appearances at the school.
Students wear all black Balenciaga uniforms and Yeezy shoes designed by West himself.
Despite running the school, West’s children do not attend, and he has clashed with Kim Kardashian on the matter.
West previously complained on social media that Kim wouldn’t agree to send their four children for ‘[two] days at one school, three days at another.’
As of September the school had not yet been accredited, according to the , which means colleges might not accept diplomas from the school.
The Donda Academy website states that the school’s goal is ‘to provide the youth with the passion, purpose and spiritual foundations they need to thrive in tomorrow’s world.’
The curriculum has a strong focus on Christianity, the arts, and math and science.Students can take parkour as a physical activity, and the school has a strong high school basketball program.
The school enrolls about 100 students and 16 teachers, with a number of students being the children of celebrities
The exclusive pre-K through 12 Donda Academy is located in a secret location in the Simi Valley just north of Los Angeles, evden evE naKliYat and charges $15,000 per student
Parents sign a non-disclosure agreement to keep the school’s location secret
The curriculum has a strong focus on Christianity, evdEN EVe NakLiYAT the arts, and math and science.Students can take parkour as a physical activity, and the school has a strong high school basketball program
Angell emailed parents on Wednesday announcing the school’s closure for the remainder of the school year.
‘At the discretion of our founder, Donda Academy will close for the remainder of the 2022-2023 school year effective immediately, he wrote.
‘There is no school tomorrow [Thursday].’
Angell noted that the school’s leadership would help parents and students transition into their new school, and added that the Donda would begin ‘afresh’ in September 2023.
On Wednesday the school’s basketball team was booted from the The Scholastic Play-By-Play Classics tournament, saying West’s ‘words and actions violate our values as a company and a country, and what we seek to ensure at all of our events – a spirit of diversity, sportsmanship, inclusion, equity and mutual respect.’
Representatives for the tournament expressed their remorse that West’s words cost his students the experience of participating in the coveted high school basketball tournament.
‘While we are firm in our reasoning for this decision, it does not diminish our heartache and eVdEN EVE nakliYAT regret for Donda’s hardworking athletes who will lose out the most as a result of Kanye’s actions,’ the school added.
‘Unfortunately, we cannot in good conscience host an organization founded and directed by Mr.West at our events.’
TJ Maxx has become the latest company to sever ties with Kanye West in the wake of his vile anti-Semitic outbursts (pictured on Wednesday at a bagel shop in Los Angeles before arriving at the Skechers HQ)
TJ Maxx, whose CEO is Ernie Herrman (pictured in 2014) follows Gap and Foot Locker in no longer stocking any Yeezy merchandise in its stores
On Wednesday, the rapper was embarrassingly escorted out of Skechers headquarters after showing up unannounced to pitch his Yeezy brand a day after being dropped by Adidas and having his songs banned by Peloton.
Ye was taken out by two ‘executives’ according to a statement released by the company Wednesday afternoon.
said in a statement: ‘Considering Ye was engaged in unauthorized filming, two Skechers executives escorted him and his party from the building after a brief conversation. Skechers is not considering and has no intention of working with West.
‘We condemn his recent divisive remarks and do not tolerate anti-Semitism or any other form of hate speech.The Company would like to again stress that West showed up unannounced and uninvited to Skechers corporate offices.’
West may have faced additional opposition if he had gotten a preapproved sit-down meeestimates comes from real estate, cash, his music catalog, and a 5 percent stake in ex-wife Kim Kardashian’s shapewear firm, Skims.
But as corporations around the world break off deals with Ye, music streaming service said it would not remove the rapper’s music unless his label requested it.
Recent anti-Semitic remarks made by the rapper are ‘just awful comments,’ and would have warranted removal from Spotify for violating its policies if they had been on a podcast or recording, Spotify chief Daniel Ek said.
However, music from the artist now known as Ye does not violate anti-hate policies, and any anti-Semitic comments he has made cannot be found on the music streaming platform.
‘It’s really just his music, and his music doesn’t violate our policy,’ said Ek, adding, ‘It’s up to his label, if they want to take action or not.’
Universal Music’s Def Jam label, which owns the copyright to West’s recordings from 2002 through 2016, and continued distributing his releases until last year, issued a statement condemning Ye’s remarks, saying: eVDeN EvE NakliYAt ‘There is no place for anti-Semitism in our society’.But the label has not asked for the removal of Ye’s recordings, many of which are critically acclaimed works.
Kanye West has seen several high profile and lucrative partnerships with major brands severed amid the backlash from anti-Semitic remarks
Ye has refused to walk back his remarks, blaming Jewish people for his mental health struggles in a recent podcast
A pair of Yeezy shoes are seen in a Foot Locker store on the day Adidas terminated its partnership with the American rapper and designer Kanye West, now known as Ye, in Garden City, New York, EvDEn EVe nakliyAt U. If you are you looking for more on evdEN Eve NakLiyAT have a look at our own web site. S., October 25, 2022
COLUMN-Low visibility, low volatility make strange pairing :Mike Dolan
By Mike Dolan
LONDON, Feb 8 (Reuters) – Like mirages on the horizon, recession forecasts seem to be appearing and disappearing with great regularity – questioning any investment conviction, the reliability of pandemic-distorted data and still-low volatility gauges in financial markets.
In just six weeks of 2023, economic forecasters have hurriedly revised away this year’s long-assumed recessions in euro zone and the United States – confounded as they were by a mix of warm weather in Europe and some wild U.S.jobs market revisions and statistical quirks that have dramatically reshaped the interest rate outlook stateside.
Throw in China’s unexpectedly swift removal of “zero COVID” restrictions and already 2023’s global picture looks radically different than it did only in December – never mind the previous January before the Ukraine invasion redrew inflation, interest rate and investment maps for everyone last year.
Bearing in mind the United States, China and euro zone together account for well over half the annual $101 trillion of global output, that’s some collective moving target.
Wall Street giant Goldman Sachs – often a market mover with its big macro calls – is a good example.Last month it revised away forecasts for a euro zone contraction this year and evdeN evE nakLiyAt this week cut its chances of a U. If you have any sort of inquiries regarding where and just how to make use of evDEn EVe nAkliyat, you could call us at our own site. S. recession in 2023 to just one-in-four from one-in-three previously.
Yet as recently as mid-December, forecasts from Bank of America, Barclays and EvDEN evE NAkLiYat BNP Paribas were also plumping for a full-year contraction of U.S.gross domestic product this year.
Last month’s Bank of America survey of fund managers around the world still had net 68% expecting recession this year.
But no one’s quite sure all of a sudden – and so much for so-called ‘leading indicators’ like the historically inverted U.S.Treasury yield curve – traditionally a sure fire predictor of downturns ahead.
Last Friday’s red hot January employment report is forcing hurried rethinks everywhere. Treasury Secretary Janet Yellen stated baldly that the lowest jobless rate since 1969 is simply inconsistent with recession this year and Federal Reserve policymakers are already turning even more hawkish on the rate outlook.
Rates markets reared up to price Fed rates back above 5% and now expect them higher at yearend than they are today.Stocks swooned again and currency strategists, such as the team at Morgan Stanley, switched negative views on the U.S. dollar worldwide to neutral all of a sudden.
If that wasn’t enough whiplash, Fed Chair Jerome Powell chimed with his colleagues on more that needs to be done to tackle inflation – but also laced his comments with expectations of a cooling jobs market and opined on the difficulties predicting this cycle.
In other words, if your outlook hinges on getting a recession call right or nailing the timing of peak interest rates, be prepared to shift it now from week to week.
HOARDING AND FOMO
What’s the big deal?As famed British economist John Maynard Keynes is often quoted as saying: “When my information changes, I alter my conclusions.”
But the problem may indeed be the “information.”
To be sure, the dance around the “R word” is a little artificial.Rigid technical definitions involving consecutive quarters of contraction may mean changes are only the difference of a couple of tenths of GDP either way, the sort of margin easily revised away down the pike anyway.
A bigger issue is whether monthly data can be trusted for steer on the business cycle you’re trying to second guess.
High-frequency economic numbers were bamboozled by the pandemic’s economic shutdowns and reboot worldwide – with distortions still lingering on everything from supply chains to labour force participation, savings, consumption and policy rescues.
The energy shock around Ukraine merely compounded that by amplifying an outsize inflationary twist and household squeeze while jamming some supply chains even more.
Monthly economic updates now require significant health warnings and assumptions of “normalisation” may have been premature.
Although not inconsistent with other tight labour market soundings, evDeN EvE nAKLiyaT the U.S.January jobs report was riddled with revisions, remodelling and seasonal adjustments.
While that may not change your view of employment today, reasonable concern about labour hoarding and lags between announcements of company layoffs and EVDen EVe NaKLiyaT data surveys mean it’s hard to rely on it solely for a change of course the way many in markets seem to have done since Friday.
But even doubts about the data can be read both ways.Barclays’ economists stressed there was evidence of job hoarding in the fact that a huge downturn in the U.S. housing market last year clearly hasn’t shown up in construction layoffs. And if the Fed had assumed those job cuts would come and the sector is already bottoming, there may be more aggressive policy ahead.
But the numbers are so unclear, we’re still in a guessing game.
“It would be helpful to hear an assessment of what the Fed actually thinks is happening given structural economic changes, cyclical impulses and poorer quality data,” lamented UBS economist Paul Donovan ahead of Powell’s speech on Tuesday.
Investors trying to bet on where all this pans out can’t be filled with confidence.
And yet market volatility gauges have stayed peculiarly serene.
At just under 20, Wall Street’s VIX is pretty much at its average for the 33 years of existence.Bond market volatility remains well above its 20-year mean – but it has retreated sharply to two-thirds of last year’s peaks. Even currency volality is only marginally above average.
Are people just peering through the noisy macro and fearful of missing out on the return to beaten down assets?
BNP Paribas Chief Economist William De Vijlder talks of the risks of being “three times wrongfooted”.
“One would expect that bond and equity markets would rally when central banks signal that the tightening cycle is (almost) over,” he said.”But such positioning comes with the risk of being wrongfooted by the data. What follows is huge volatility.”
The opinions expressed here are those of the author, a columnist for Reuters.
(by Mike Dolan, Twitter: @reutersMikeD; Editing by Josie Kao)
Spirit Airlines says expects DOJ decision on JetBlue merger in…
Feb 7 (Reuters) – Spirit Airlines Inc said on Tuesday it expects U.S.antitrust regulators to decide whether to allow the low-cost carrier to proceed with its $3. In case you loved this short article and you would love to receive more information about eVden eve nakLiyAt i implore you to visit the page. 8 billion merger with JetBlue Airways Corp in the “next 30 days or so.”
“We are now waiting to see whether the Department of Justice (DOJ) filed suit to block the deal or allows us to proceed,” Spirit CEO Edward Christie said during an investor call.
The DOJ did not immediately respond to a request for eVDEN eve NAKLiyAt comment.
JetBlue prevailed in a months-long bidding war for Spirit Airlines after the ultra-low-cost carrier accepted its deal.
The merger is expected to face regulatory hurdles with the combination creating the fifth-largest U.S.airline at a time when high energy prices, evdeN eVE NAKliyAt a tight labor market and eVDen eVE NAkLiyaT swelling demand EVden eVe NakliyaT for travel have sent airfares soaring.
Concerns about approval for the combined airline was amplified after the DOJ filed a lawsuit last year asking a judge to break up JetBlue’s “Northeast Alliance” partnership with American Airlines, EVdeN EVE NAKLiyat arguing it would lead to higher fares for consumers.
Spirit had cited the Justice Department lawsuit as a reason to fear regulators blocking its sale to JetBlue when it was trying to persuade Spirit shareholders to back the deal with Frontier Airlines Holding Inc instead.
JetBlue had acknowledged that the regulatory process could be drawn out and it did not expect the deal to be completed before December 2023.
Spirit’s shares were up 1.3% at $19.9 in morning trade after the carrier posted better-than-expected quarterly results on Monday.(Reporting by Kannaki Deka in Bengaluru; Editing by Shailesh Kuber)