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O3 Mining Grants Security-Based Compensation For 2024A Campbell River resident is celebrating the milestone of becoming Canada’s first-ever student pilot to fly solo in an electric airplane. Catherine Check said she has wanted to be a pilot since she was five years old and decided a few years ago to pursue it as a profession. After gaining experience with conventional airplanes, her instructor at Sealand Flight School offered her the opportunity to test an electric plane. On Dec. 18, with about 10 hours of training experience, the 18-year-old became the country's first-ever student pilot to fly solo in an electric airplane. "The plane is a lot lighter, so you feel more turbulence," Check said. "But at the same time, the technology difference is remarkable." Flying the electric plane felt safer than a conventional plane, Check explained, because she could monitor what's happening with the engine, batteries, and power more confidentially during the 50-minute flight. "It's really safe in my opinion," she said. "Because it's a glider, it's not going to go in a nosedive." Check said the achievement means a lot to her, as she is a female pilot in a male-dominated field. She said she hopes her success will encourage others to consider becoming pilots, especially because the future of air travel is more sustainable. Called a Velis Electro, the electric plane Check flew is ultra-quiet. It produces zero emissions and is expected to be less expensive than conventional training aircraft. According to Sealand Flight School, the flight represents a major milestone in the aviation industry’s pursuit of sustainability. With the backing of Clean BC, BC Hydro, and Transport Canada, Sealand Flight is leading this initiative and takes immense pride in Check's achievement. “After sending students solo in conventional airplanes for over 20 years, it was exciting and rewarding to watch Catherine solo in an electric airplane for the first time,” said Ian Lamont, the company's chief flight instructor. This pioneering initiative serves as a foundation for implementing more commercial zero-emissions aircrafts reads a media release from the flight school. Through the electric airplane training flights, Canada's regulators and industry members are studying and evaluating how aviation can feasibly adopt these emerging technologies, it says.
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(Bloomberg) — Stocks in Asia are poised to extend Monday’s gains as Donald Trump’s pick of Scott Bessent for Treasury Secretary lifted US bonds and shares, with traders betting the hedge-fund manager will bring a Wall Street mindset to the role. Futures pointed to advances in Sydney, Tokyo and Hong Kong after the regional benchmark advanced 0.8% on Monday. Treasuries rallied across the curve, with the move led by longer maturities. The dollar fell the most in more than two weeks while Bitcoin slipped after a surge toward $100,000 fizzled just shy of the historic level. Oil sank as Israel moved closer to a cease-fire with Hezbollah. Markets kicked off the week with a risk-on tone as Bessent has deep familiarity with global financial systems — a trait that made him palatable to investors. And while he’s indicated he’ll back the president-elect’s tariff plans and fight to extend Trump’s tax cuts, Bessent isn’t known as an ideologue, spurring Wall Street expectations that he will prioritize economic and market stability over scoring political points. “Investors are viewing this nomination as one that will provide a Goldilocks scenario for Mr. Trump’s pro-business proposals,” said Matt Maley at Miller Tabak + Co. The S&P 500 rose 0.3%. The Nasdaq 100 added 0.1%. The yield on 10-year Treasuries declined 13 basis points to 4.27%. The Bloomberg Dollar Spot Index fell 0.5%. Australia’s 10-year yield tracked US bond moves, falling seven basis points in early trading Tuesday. While the S&P 500 might be a long way away from fumbling a strong year, don’t get too optimistic about a strong, smooth finish to the year, according to Callie Cox at Ritholtz Wealth Management. “Yields show that expectations have moved a lot over the past two months, yet we haven’t seen any sustained, clear momentum in economic data,” Cox said. “December could be a reality check for people convinced that the economy is firing on all cylinders again.” US inflation figures this week that are seen showing stubborn price pressures will reinforce the Federal Reserve’s cautionary posture toward future interest-rate cuts. The personal consumption expenditures price index excluding food and energy — the Fed’s preferred measure of underlying inflation — is projected to have risen by 0.3% in October from September, and by 2.8% from a year earlier, in what would be the largest advance since April. Fed Bank of Chicago President Austan Goolsbee told Fox Business he foresees the central bank continuing to lower rates toward a stance that neither restricts nor promotes economic activity. Key events this week: Some of the main moves in markets: Stocks Currencies Cryptocurrencies Bonds This story was produced with the assistance of Bloomberg Automation.The city has enlisted the services of East Chicago-based contractor Midwestern Electric, which will start work on city-owned lights during the week of December 16, prioritizing those on Gary's main Broadway corridor. Gary's poor street lighting has long been a concern of city residents. An audit conducted by the contractor TWiG Technologies earlier this year found that of 1,996 municipally-owned lights, 1,293 had less efficient non-LED bulbs, 868 were non-functional, and 77 had been downed by weather or vehicle accidents. Mayor Eddie Melton, who took office last December, announced plans for an overhaul of the city's lighting infrastructure during his inaugural State of the City address in May. The following month, the Gary Common Council voted unanimously to set aside just under $3.5 million from the city's federal American Rescue Plan Act (ARPA) funds to replace street lights. In a statement released at the time, the Melton administration announced that all of the city's street lights would be repaired and upgraded with LED bulbs "by early 2025." That timeline has since been revised, Allen told The Times, and the city now expects to see all street lights fixed by the end of next year. " Once the materials were ordered, the submittal process took longer than anticipated," he wrote in a statement. "We are installing 16 different types of streetlights across the city and needed to make sure we got the requirements right for each streetlight. Confirming details like the anchor bolt pattern dimensions and locations for all the pole variations took some time to finalize. We had to make sure everything would fit perfectly when the materials arrived." Allen said that work on Broadway's lights should be done by February. The city also plans to repair 58 lighting fixtures at Gleason Park that have been non-functional since a transformer was damaged in a massive 2008 flood. Allen added that the ARPA appropriation will allow the city to purchase reserve materials, including poles and other street light components, to allow the city to more quickly address future damage to lighting infrastructure. City Council President Tai Adkins, D-4, asked Allen during Tuesday's council meeting to develop a more specific timeline for residential street light repairs that includes benchmarks for certain percentages of completion, "because the council members will be the ones that will be getting that call." Allen told Adkins that his office will do so and will provide the information to the council.Britain is the “sick man of Europe” when it comes to accessing pharmacies locally, new analysis shows. The National Pharmacy Association says the UK has fallen behind countries such as Bulgaria and Romania after a decade of underfunding, forcing pharmacies to close for good. International OECD data shows the UK comes 22nd out of 31 nations for the number of community pharmacies for every 100,000 of the population. It has fewer by this measure than countries including Latvia, Portugal, Spain, Turkey and France. Separate data shows the average UK pharmacy serves around 5,700 patients which is more than double in France, at 3,238 patients, and the Republic of Ireland, at 2,500 patients. Also the UK spends less on its medicines per head of population than Australia , Ireland, Japan, the US, Spain, Germany and Italy. Germany spends double what the UK does, with the US nearly three times more. It comes after government real-term funding cuts of 40% in England over the last decade have forced over 1,500 community pharmacies to close and many more to cut back opening hours. The NPA says its analysis of the data suggests 1,000 more will close in the next three years in England alone if current funding levels persist. The Mirror is campaigning to save family chemists and stop the closures which are piling pressure on overstretched GPs. Nick Kaye, chair of the National Pharmacy Association said: “These shocking new figures show that the UK is the ‘sick man of Europe’ when it comes to spending on vital medicines and community pharmacies. It is damning that UK pharmacies serve more patients than comparative countries whilst also receiving ever reducing levels of funding.” It comes as pharmacies are set to launch their first ever industrial action with many across Britain cutting their opening hours from January. NPA members voted to conduct ‘work to rule’ actions which can also include stopping free medicine deliveries, emergency contraception services or addiction and stop smoking support. Mr Kaye added: “As our ballot result showed, many pharmacy owners feel pushed to breaking point thanks to the impact of 40% cuts to their funding and increases in their workload. Community pharmacies have the potential to deliver so much more for patients, including a wider range of clinical services that will help to keep pressure off other parts of our health system. “However this cannot happen with funding at its current levels and pharmacies shutting at record rates. The government must get round the table and start to deliver the funding necessary so we can stop the closures and deliver the best possible care for patients.”
Magic's Franz Wagner sidelined by torn obliqueNone
Sharon picks up first win, Farrell takes first loss of the season
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