Link found between exercise, anxiety, and depression

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Many people may have benefitted from exercising outdoors during the coronavirus lockdowns in 2020 and 2021. Karwai Tang/Getty Images
  • A new study highlights the importance of being active and spending time outdoors, even during a pandemic.
  • The researchers found that people who exercised more during lockdowns experienced less anxiety and depression than those who did not exercise.
  • They also found that people who spent more time outdoors had lower levels of anxiety and depression than those who stayed inside.
  • Although stopping viral transmission remains key, such research could help governments reconsider some mitigation measures to lessen their negative effects on mental health.

The extent of COVID-19 lockdowns, curfews, and pandemic mitigation measures varied among countries throughout 2020 and 2021.

During the initial lockdown in March 2020, the United Kingdom, for example, allowed only one exercise session — for instance, going for a walk, run, or bike ride — a day. Turkey, meanwhile, did not make exceptions for outdoor exercise and only permitted people to leave their homes to shop for basic necessities. Many states in the United States took a different approach and put no caps on time spent outdoors.

The researchers behind a new study, which appears in the journal Preventive Medicine, aimed to look back on the effects such differences may have had on individuals in terms of mental health, especially during the first wave of the pandemic when the authorities imposed lockdowns.

They found that physical activity and time spent outdoors during the pandemic were associated with better mental health.

The healthcare company Kaiser Permanente (KP) led the study, which involved people from Hawaii, Colorado, Georgia, the mid-Atlantic states, and Southern and Northern California.

The researchers surveyed more than 20,000 people in April 2020 and at least three more times until July 2020. The participants, all of whom were enrolled in a KP plan, answered questions about their lifestyle, shared their electronic health records, and gave biospecimens.

Most of the respondents were retired and adhered to stay-at-home orders. White women aged 50 years and over constituted the majority.

After analyzing the data, the researchers saw that those who had exercised or spent more time outdoors had lower anxiety and depression scores.

They also found the following:

  • The participants reported fewer symptoms of anxiety and depression over time.
  • Females and younger people had higher anxiety and depression scores, while Asian and Black people had lower scores.
  • Those who did not report doing any physical activity during lockdown had the highest depression and anxiety scores.

However, the research found that the people who had increased the time they spent outdoors by the greatest amount also reported the highest anxiety scores. This was consistent in all demographic groups. The researchers could not explain this finding.

Lead author Deborah Rohm Young, Ph.D., the director of the Division of Behavioral Research for the Kaiser Permanente Southern California Department of Research & Evaluation, told Medical News Today she expected that more physical activity, as well as more time outdoors in nature, would be associated with lower depression and anxiety scores.

“The data is very clear that the mind and the brain are healthier when we spend more time […] in nature, but [also] just outdoors in general,” said Dr. David A. Merrill, adult and geriatric psychiatrist and director of the Pacific Neuroscience Institute’s Pacific Brain Health Center at Providence Saint John’s Health Center in Santa Monica, CA.

“There are studies that show that less time outdoors leads to brain atrophy, over time and with age,” he added.

Dr. Bert Mandelbaum, sports medicine specialist, orthopedic surgeon, and co-chair of medical affairs at Cedars-Sinai Kerlan-Jobe Institute in Los Angeles, told MNT that the study was comprehensive and measured a lot of different aspects before coming to a conclusion.

“At the end of the day, exercise activities and being outside are healthy behaviors that optimize people’s lives and decrease anxiety and depression,” he said.

However, Dr. Young pointed out some findings that surprised the team.

“I was surprised to observe that the depression/anxiety scores improved over time and also that both increasing and decreasing the amount of time spent outdoors was associated with higher depression and anxiety scores,” she said.

Dr. Merrill said that interpreting the findings was a bit complicated and involved a fair amount of conjecture.

One factor behind the discrepancies could be the lack of baseline levels of both physical activity and depression or anxiety scores from pre-pandemic times, he said.

Dr. Young said that not knowing how much time the respondents spent in nature prior to the pandemic was one of the limitations that could explain why more time outdoors was associated with a higher score of anxiety.

“It could be that people who spent less time outdoors did so because of adhering to the stay-at-home orders and felt deprived of their ability to be outdoors. Or that people who reported spending more time outdoors did so because they were experiencing poor mental well-being,” she said.

Dr. Mandelabum, however, said that this should not detract from the main finding of the study.

“I would focus more on the fact that [more people] improved by going outside, being in nature, and exercising in a high intensity way, which optimizes anxious and depressed states. [T]he real conclusion is the importance of physical activity and being outdoors,” he said.

Dr. Young noted that other findings were mostly consistent with earlier research.

“Many previous studies have documented that females tend to have higher anxiety and depression scores than males. There are also a number of studies suggesting that older adults have better mental well-being than younger adults,” she told MNT.

The research attributed the latter to adults having lived through more adversity and having more experience in dealing with stress.

According to Dr. Merrill, the new study highlights an important issue. He said that his colleagues have seen a disproportionate number of adolescent patients facing challenges with their mental health since the pandemic.

“The data is confirmation of the experience of mental health clinicians working in these populations — that younger adults, in particular, have struggled during the pandemic with disruption of their normal activities, [having been ordered to] stay at home, restricted from being in outdoor public spaces. This really comes out in the data that these restrictions had a significant negative effect on people’s well-being,” he told MNT.

“Living through that disappointment of not being able to do something as normal as going to the park can be a very big setback for a young person who otherwise may have been just having a nontraumatic, normal upbringing and a normal life.”

– Dr. David A. Merrill

Dr. Young expressed some surprise at the racial differences in depression and anxiety scores.

“Asian Americans tend to report lower depression and anxiety compared with white people. On the other hand, Black people tend to have higher scores than white people, so this was unexpected, and I don’t believe it’s reflective of the general population,” she said.

She said this finding could be down to only 2.3{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} of the cohort being Black adults.

“As far as the difference in the levels of depression and anxiety in terms of race and ethnicity, the data speaks for itself. There’s no definite explanation,” said Dr. Merrill.

For Dr. Mandelbaum, the tools that the team used to measure anxiety and depression levels might explain the finding.

“The tools, these objective measures, and the data pointed out cultural, racial differences. Looking at those in a nonbinary way can be misleading. I think the tools are limited because if you have 10 people in a room, and there are 10 people from 10 different countries, even if you’re asked the question in the same language, you will see how different people interpret it. These tools are very hard [to optimize] across different cultures or languages,” he said.

Meanwhile, Dr. Merrill said that the finding could possibly reflect an often overlooked reality for racial minorities.

“If you’re already more under stress based on systemic exclusion, or marginalization, [the pandemic may not have had] such a big impact. For a population who is already under stress, if you add on more stress, there may be less of a change compared with a group that has enjoyed privilege or a stress-free life. In the U.S., that kind of seems to be the reality,” he explained.

The study shows that future pandemics will need better planning and more careful thinking around people’s mental health. This could affect decisions to close down outdoor spaces, for instance.

Dr. Young acknowledged that fighting a novel virus has been tricky for all countries.

“I’m sure we all would like to have consistent messaging throughout the pandemic, but as the knowledge changes, so do the recommendations,” she said.

However, the study’s findings reiterate that even during an active pandemic, physical activity or spending time outdoors could help people maintain their physical and mental health.

“Governments should promote physical activity and spending time in nature during pandemics. Public health messages have been consistent about getting vaccinated, staying masked-up, frequent hand washing, and maintaining physical distancing. It would be great if they can include positive messages like going for brisk walks.”

– Dr. Deborah R. Young

Dr. Merrill pointed out that although there were a lot of unknowns during the initial lockdown about what constituted risky behavior, many studies have shown that being outdoors is not as risky as experts once thought.

“I think keeping public health decisions away from political battles and focusing on the science, the data, including this new information that we’ve learned, can help minimize the negative impacts of the decisions that are made,” he said.

He continued:

“[M]aking good use of the data and sharing information about what’s been learned can help decrease anxiety and prevent the imposition of unnecessary restrictions that don’t actually increase our safety and health but do significant harm. Hopefully, we can consider this a lesson learned and do better [in the future].”

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Elon Musk: Tesla will generate billions in taxes for government

Tesla founder Elon Musk pointed out Tuesday the electric car maker would add a massive sum in federal tax income in the coming years amid an ongoing dispute about a Democrat-led drive to increase taxes on the wealthiest Us residents.

Musk commented on the company’s federal tax contributions in response to a Twitter thread breaking down tax payments the billionaire will owe based on his inventory-dependent compensation plan. Dogecoin creator Billy Markus, who tweets beneath the pseudonym Shibetoshi Nakamoto, pointed out Musk’s personal contributions would be in addition to Tesla’s federal tax invoice.

“Above time, Tesla will deliver hundreds of billions for the govt in terms of employee revenue tax, products profits tax and residence tax, in addition to earnings taxation,” Musk tweeted in response.

ELON MUSK ANNOUNCES TESLA IS Going ITS HEADQUARTERS TO AUSTIN

FILE Picture: SpaceX founder and Tesla CEO Elon Musk looks on as he visits the construction website of Tesla’s gigafactory in Gruenheide, close to Berlin, Germany, Might 17, 2021. REUTERS/Michele Tantussi/File Photo (Reuters Shots)

Federal tax plan has been a subject of continuous debate in modern months, with left-leaning lawmakers ranging from President Biden to Sen. Bernie Sanders, I-Vt., arguing for increased taxes on corporations and the wealthiest Individuals. A number of Democrats have identified as for the creation of a “billionaires’ tax” on unrealized investment decision gains, nevertheless that provision is not envisioned to be incorporated in Biden’s sweeping social paying invoice.

Senator Bernie Sanders, an Independent from Vermont, speaks in the course of a news conference at the U.S. Capitol in Washington, D.C., U.S., on Wednesday, Oct. 6, 2021. Photographer: Stefani Reynolds/Bloomberg via Getty Photographs (Stefani Reynolds/Bloomberg via Getty Pictures / Getty Pictures)

Musk sparred with Sanders past weekend. The Vermont senator tweeted that lawmakers “ought to desire that the particularly wealthy spend their honest share.” In reaction, Musk said, “I retain forgetting that you’re nevertheless alive.”

Tesla

19 August 2021, Berlin: A Tesla charging station in a Tesla showroom functions the manufacturer’s emblem. Photo: Christophe Gateau/dpa (Image by Christophe Gateau/photo alliance by using Getty Images) (Picture by Christophe Gateau/picture alliance by using Getty Illustrations or photos / Getty Photographs)

On Nov. 6, Musk polled his Twitter followers on whether he should offer 10{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} of his Tesla inventory amid the ongoing discussion about “unrealized gains staying a indicates of tax avoidance.” 

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Musk has offered practically $8 billion well worth of his Tesla shares this month. He has indicated he will use some of his proceeds to go over his tax bill from exercised stock choices that would if not expire.

International Game Technology PLC Hosting 2021 Investor Day Today

Commits to Compelling 2025 Growth Objectives and Announces Multi-Year Share Buyback Program

– Grow, Innovate, and Optimize strategic initiatives to deliver accelerated, compound annual growth rates of mid-single-digits for revenue and mid-teens for operating income from 2022 – 2025

– Expect to deliver strong cash flow generation with cumulative cash from operations of approximately $4.0 billion and free cash flow of about $2.4 billion from 2022 – 2025

– Balanced capital allocation plans support business reinvestment, debt reduction, and increased shareholder returns

$300 million multi-year share buyback program announced, enhancing shareholder returns after recently reinstating quarterly cash dividend

– Separate public listing of the Digital & Betting business under evaluation

LONDON, Nov. 16, 2021 /PRNewswire/ — International Game Technology PLC (“IGT”) (NYSE:IGT) will host a virtual Investor Day today at 8:30 am EST, detailing the progress the Company has made over the past two years to build a solid foundation for profitable growth across all business segments, generate robust cash flows, and pursue a disciplined capital allocation strategy.

IGT (NYSE:IGT) is the global leader in gaming. We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Gaming Machines and Lotteries to Sports Betting and Digital. Leveraging a wealth of compelling content, substantial investment in innovation, player insights, operational expertise, and leading-edge technology, our solutions deliver unrivaled gaming experiences that engage players and drive growth. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has approximately 11,000 employees. For more information, please visit www.igt.com.

IGT (NYSE:IGT) is the global leader in gaming. We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Gaming Machines and Lotteries to Sports Betting and Digital. Leveraging a wealth of compelling content, substantial investment in innovation, player insights, operational expertise, and leading-edge technology, our solutions deliver unrivaled gaming experiences that engage players and drive growth. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has approximately 11,000 employees. For more information, please visit www.igt.com.

“IGT’s industry leadership is built on a legacy of innovation and trust. Through greater player engagement, responsible management, and best-in-class content, services, and solutions, we are well-positioned for profitable growth,” said Marco Sala, CEO of IGT. “Our diverse portfolio aligns with attractive end-markets and our strategy is to grow, innovate, and optimize. Over the next four years, we are confident we can deliver accelerating organic growth, significant margin expansion, and robust free cash flow to drive stakeholder value and increased shareholder returns.”

Strategic Initiatives to Grow, Innovate, and Optimize Provide Foundation for Compelling Long-term Outlook

  • Grow: leverage innovation in content and solutions as well as leading market positions to expand market share, support customer sales growth, and capture new market opportunities

  • Innovate: utilize large and highly differentiated intellectual property portfolio and leading investment in research and development to create best-in-class games, systems, and solutions to further enhance player experiences and support customer growth

  • Optimize: operational excellence and structural cost reductions enable continued margin improvement; new OPtiMa 2.0 cost-reduction program expected to deliver more than $150 million in incremental savings, compared to pre-pandemic levels, by the end of 2023

Introducing 2022 Outlook

  • Revenue of $4.1$4.3 billion

  • Operating margin of 20{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} – 22{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809}

  • Cash from operations ranging from $850 million$1.0 billion

  • Capital expenditures totalling $400 million$450 million

  • Net debt leverage of 3.5x – 4.0x

Setting Compelling and Achievable Financial Goals for 2022 – 2025, Including Robust Growth in Revenue and Margins and Significant Cash Flow Generation

  • Revenue of $4.6$5.0 billion in 2025, reflecting a mid-single-digit compound annual growth rate (“CAGR”)

  • Mid-teens operating income CAGR; operating margin expansion of over 500 basis points to 26{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} – 29{cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} (at the mid-point) in 2025

  • Cumulative cash from operations of approximately $4.0 billion; free cash flow of approximately $2.4 billion

Disciplined Capital Allocation Plans Balance Reinvestment in the Business with Increased Shareholder Returns

  • A comprehensive capital investment plan of approximately $2.8 billion in aggregate capital expenditures and research and development from 2022 – 2025, supporting the existing portfolio with a focus on fast-growing iLottery and Digital & Betting activities

  • Continue to reduce leverage to a range of 2.5x – 3.5x across the investment cycle, targeting the lower part of the guidance range by 2025

  • Reinstated quarterly cash dividend of $0.20 per common share (previously announced with earnings on November 9, 2021)

  • Implementing $300 million multi-year share repurchase program, the first in IGT PLC’s history

Strategic Positioning to Increase Optionality for Digital & Betting Segment

Event Details
Tuesday, November 16, 2021
8:30 a.m. – 11:30 a.m. EST

Webcast Registration: A live webcast is available under “Events Calendar” on IGT’s Investor Relations website at www.IGT.com. Registration for the event is required and can be completed in advance. A replay will also be available on the website following the call.

Presentation Materials: Materials presented at the event will be posted on IGT’s Investor Relations website at www.IGT.com during the event.

Share Repurchase Program
IGT’s Board of Directors authorized a program for the repurchase of up to $300 million of the Company’s outstanding ordinary shares during a period of four years commencing on November 18, 2021.

Repurchases will be made pursuant to repurchase contracts entered into with counterparties approved by IGT’s shareholders, pursuant to which such counterparties will purchase ordinary shares for delivery to the Company. The timing and amount of any repurchases will be determined by IGT’s management based on an evaluation of market conditions, applicable securities laws and other factors. These repurchases may be made pursuant to repurchase plans that meet the requirements of Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. Rule 10b5-1 allows the Company to repurchase its ordinary shares at times it might otherwise be prevented from doing so under insider trading laws or because of self-imposed blackout periods.

The share repurchase program is expected to be funded through cash generated from operations. Any shares acquired pursuant to the repurchase program will be cancelled or held in treasury. The repurchase program does not obligate the Company to acquire any particular amount of its ordinary shares, and it may be suspended or terminated at any time.

Any repurchases of the Company’s ordinary shares will be made in accordance with the authority granted by IGT shareholders at its annual general meeting (“AGM”) to repurchase ordinary shares that is in effect from time to time. At its 2021 AGM, IGT shareholders voted to authorize the repurchase of up to 20,485,646 ordinary shares of the Company. Repurchases will be discontinued in the event the Company lacks the general authority to repurchase ordinary shares.

Evaluation of Potential Separate Public Listing of Digital & Betting Business
IGT recently established a dedicated Digital & Betting business segment, enhancing visibility to this high-growth part of IGT’s portfolio of businesses. As a part of its ongoing commitment to ensuring appropriate strategic flexibility for its Digital & Betting business, the Company is also undertaking a legal entity and organizational realignment over the next 12 months designed to provide the Digital & Betting business with dedicated management, a more nimble organization and governance structure and the ability to pursue organic and inorganic growth opportunities. As part of this process, the Company may evaluate a potential separate public listing of its Digital & Betting business to further enhance its strategic flexibility while maintaining a controlling interest following the consummation of any such potential separate public listing. There can be no assurances as to the form and timing of any separate public listing or other strategic activity that may result from this evaluation or if any such listing or activity will be consummated at all. IGT does not currently intend to disclose further developments regarding its evaluation of a potential separate public listing for its Digital & Betting business until such time as a final determination has been made or IGT otherwise determines that further disclosure is appropriate.

About IGT
IGT (NYSE: IGT) is a global leader in gaming. We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Gaming Machines and Lotteries to Sports Betting and Digital. Leveraging a wealth of compelling content, substantial investment in innovation, player insights, operational expertise, and leading-edge technology, our solutions deliver unrivalled gaming experiences that engage players and drive growth. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has approximately 11,000 employees. For more information, please visit www.IGT.com.

Cautionary Statement Regarding Forward-Looking Statements
This news release may contain forward-looking statements (including within the meaning of the Private Securities Litigation Reform Act of 1995) concerning International Game Technology PLC and its consolidated subsidiaries (the “Company”) and other matters. These statements may discuss goals, intentions, and expectations as to future plans, trends, events, dividends, results of operations, or financial condition, or otherwise, based on current beliefs of the management of the Company as well as assumptions made by, and information currently available to, such management. Forward-looking statements may be accompanied by words such as “aim,” “anticipate,” “believe,” “plan,” “could,” “would,” “should,” “shall”, “continue,” “estimate,” “expect,” “forecast,” “future,” “guidance,” “intend,” “may,” “will,” “possible,” “potential,” “predict,” “project” or the negative or other variations of them. These forward-looking statements do not guarantee future performance and speak only as of the date on which such statements are made. These forward-looking statements are subject to various risks and uncertainties, many of which are outside the Company’s control. Should one or more of these risks or uncertainties materialize, or should any of the underlying assumptions prove incorrect, actual results may differ materially from those predicted in the forward-looking statements and from past results, performance, or achievements. Therefore, you should not place undue reliance on such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include (but are not limited to) the factors and risks described in the Company’s annual report on Form 20-F for the financial year ended December 31, 2020 and other documents filed from time to time with the SEC, which are available on the SEC’s website at www.sec.gov and on the investor relations section of the Company’s website at www.IGT.com. Except as required under applicable law, the Company does not assume any obligation to update these forward-looking statements. You should carefully consider these factors and other risks and uncertainties that affect the Company’s business. All forward-looking statements contained in this news release are qualified in their entirety by this cautionary statement. All subsequent written or oral forward-looking statements attributable to International Game Technology PLC, or persons acting on its behalf, are expressly qualified in their entirety by this cautionary statement.

Contact
Phil O’Shaughnessy, Global Communications, toll free in U.S./Canada +1 (844) IGT-7452; outside U.S./Canada +1 (401) 392-7452
Francesco Luti, +39 06 5189 9184; for Italian media inquiries
James Hurley, Investor Relations, +1 (401) 392-7190

Cision

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SOURCE International Game Technology PLC

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Any weakness below 17,800 could retest the last swing low of 17,600 levels. As long as the minor positive chart pattern of higher tops and bottoms is intact, there is a hopes of upside bounce from the lows, says Nagaraj Shetti of HDFC Securities..

Trade setup for Wednesday: Top 15 things to know before Opening Bell





Name Price Change {cfdf3f5372635aeb15fd3e2aecc7cb5d7150695e02bd72e0a44f1581164ad809} Chg
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Indiabulls Hsg 222.65 -3.80 -1.68
Rec 140.00 -2.10 -1.48

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