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As the political crisis deepens, South Korea is facing a period of uncertainty and instability. The integrity of the country's democratic institutions is being called into question, and the public's trust in its leaders is at an all-time low. The outcome of the investigation into Yoon Seok-youl's alleged crimes will have far-reaching implications for the future of South Korea's political landscape.An evil that must be ended In Pakistan, the deep entrenchment of unethical practices within both social and political spheres has led to a situation where such behaviour is no longer seen as an anomaly but as the norm. Bribery, favouritism, and the manipulation of systems are often considered not moral failings but rather pragmatic tools for navigating the complexities of bureaucracy or overcoming the barriers of political hurdles. This normalization of corruption is the result of a long history marked by political instability, weak governance, and the absence of strong institutional frameworks. In such an environment, those who strive to uphold integrity are often seen as naive or unrealistic, while those who engage in these morally questionable practices are regarded as smart or resourceful. This mindset fuels a cycle in which dishonesty becomes the currency of success, reinforcing a system that rewards short-term gains over long-term justice and perpetuating a culture of corruption across all levels of society. The feeling of impunity among the wealthy and powerful elites only strengthens this cycle. Politicians, generals, judges, bureaucrats, and businessmen who hold significant influence in Pakistan often feel immune to prosecution, and many believe that their wealth and social connections protect them from accountability. This sense of powerlessness within the public leads to a lack of trust in institutions, reinforcing the idea that corruption is an unavoidable part of Pakistan’s political and social structure. As a result, many citizens view corruption not as a personal moral failing but as a necessary survival tactic in an unjust system where the ruling elites often remain unscathed. This systemic acceptance of corruption has contributed to Pakistan’s steady decline on Transparency International’s Corruption Perceptions Index (CPI). The failure of political and administrative leadership to implement meaningful reforms is a major reason for this persistent decline. Structural factors, such as a politicized legal system and weak institutions, have made it difficult to address corruption at its roots. Political patronage and cronyism complicate efforts to break the chains of corruption, as powerful elites often control state institutions and manipulate the system to their advantage. Moreover, political instability and changes in leadership frequently result in anti-corruption measures being viewed not as reforms but as political campaigns aimed at discrediting rivals. To effectively combat corruption, Pakistan needs to undertake comprehensive reforms across multiple sectors. A robust and transparent judicial system is essential for holding corrupt individuals accountable. Furthermore, political financing must be more strictly regulated, as corruption often stems from the unregulated flow of money in politics. Comprehensive reforms in political financing can help reduce the influence of money in elections and governance, ensuring that public office is not a tool for private gain. Another important step is to ensure the protection of whistleblowers, who often face retaliation for exposing corrupt practices. Establishing a legal framework that safeguards whistleblowers would encourage more citizens to come forward and report corruption without fear of reprisal. Despite the formation of institutions like NAB, which is tasked with investigating corruption and recovering misappropriated funds, the anti-corruption efforts in Pakistan have largely been ineffective. NAB has frequently been criticized for selective accountability, with those aligned with the ruling party often avoiding scrutiny, while political opponents are targeted. The lack of independence and slow progress in investigations has also tarnished its credibility. The pace at which cases are handled is often too slow, and in many instances, corrupt individuals settle for relatively minor penalties, which further erodes public trust in the system. Other anti-corruption bodies, such as the Federal Investigation Agency (FIA) and provincial offices, also face similar challenges due to political interference, lack of resources, and ineffective enforcement. The consequences of corruption in Pakistan ripple through vital sectors like healthcare, education, and law enforcement, causing profound harm to society. In healthcare, corruption diverts resources, fuels the theft of funds, and leads to the distribution of substandard medicines, leaving the poor to suffer in an inefficient system. Bribes for basic medical services erode trust, worsening public health. In education, misappropriated funds and bribery for promotions or grades create a broken system where ghost schools exist only on paper, perpetuating inequality and hindering progress. This corruption fosters a cycle of ignorance that stunts both individual potential and national growth. In law enforcement, bribery and political interference compromise the rule of law, enabling criminals to flourish and eroding justice. Such systemic corruption not only weakens institutions but also poisons the moral fabric of society. To break free from this cycle, Pakistan must strive for integrity and accountability, embracing justice as the foundation for true progress and equality. Corruption, with its deep and lasting impact, continues to hinder Pakistan’s development, eroding trust in institutions and deepening social and economic divides. It obstructs the potential for growth by diverting critical resources that could otherwise be used to foster prosperity, improve public services, and reduce inequality. As corruption becomes entrenched in the political system, citizens lose faith in the democratic process, leading to political apathy, disillusionment, and a sense of powerlessness. The resulting inefficiency and inequality trap the most vulnerable in a cycle of poverty, denying them access to essential services such as education, healthcare, and justice. Without substantial reforms and a genuine commitment to transparency, the cycle of corruption will persist, keeping Pakistan from realizing its full potential. Engaging civil society, strengthening media oversight, and ensuring public access to government records are key steps towards increasing accountability and fostering a culture of openness. Ultimately, only by confronting corruption head-on can Pakistan break free from its current constraints and begin building a future founded on justice, integrity, and progress, one where the ideals of democracy and fairness are not just aspirations, but attainable realities for all. Save my name, email, and website in this browser for the next time I comment. Δ document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() );The Onion’s rejected purchase of Infowars in an auction bid supported by families of the Sandy Hook Elementary shooting dealt them a new setback Wednesday and clouded the future of Alex Jones' conspiracy theory platform, which is now poised to remain in his control for at least the near future. What’s next for Infowars and Sandy Hook families' long-sought efforts to hold Jones accountable over calling one of the deadliest school shootings in U.S. history a hoax was unclear, after a federal judge in Houston late Tuesday rejected The Onion’s winning bid for the site . U.S. Bankruptcy Judge Christopher Lopez in Houston said he did not want another auction but offered no roadmap over how to proceed. One possibility includes ultimately allowing Sandy Hook families — who comprise most of Jones' creditors — to return to state courts in Connecticut and Texas to collect on the nearly $1.5 billion in defamation and emotional distress lawsuit judgments that Jones was ordered to pay them. “Our hope is that when this process ends, and it will end, and it will end sooner rather than later, is that all assets that Alex Jones has available are paid to the families, and that includes Infowars, and that as a result of that process Alex Jones is deprived of the ownership and control of the platform that he’s used to hurt so many people,” Christopher Mattei, an attorney for the Sandy Hook families, said in a phone interview Wednesday. The families, meanwhile, were preparing the mark the 12th anniversary of the Dec. 14 shooting. The sale of Infowars is part of Jones’ personal bankruptcy case , which he filed in late 2022 after he was ordered to pay the $1.5 billion. Jones was sued for repeatedly saying on his show that the 2012 massacre of 20 first graders and six educators was staged by crisis actors to spur more gun control. Lopez said there was a lack of transparency in the bidding process and too much confusion about The Onion’s bid. He also said the amount of money offered in the only two bids was too low and there needed to be more effort to try to raise as much money possible from the selling of Infowars' assets. The Onion’s parent company, Global Tetrahedron, submitted a $1.75 million cash offer with plans to kick Jones out and relaunch Infowars in January as a parody . The bid also included a deal with many of the Sandy Hook families for them to forgo $750,000 of their auction proceeds and give it to other creditors. Lopez called it a complex arrangement that led to different interpretations of the bid’s actual value as well as last-minute changes to a proposed sale order. The other bidder was First United American Companies, which runs a website in Jones’ name that sells nutritional supplements and planned to let Jones stay on the Infowars platforms. It offered $3.5 million in cash and later, with Jones, alleged fraud and collusion in the bidding process. Lopez rejected the allegations, saying that while mistakes were made there was no wrongdoing. Christopher Murray, the trustee who oversaw the auction, said he picked The Onion and its deal with the Sandy Hook families because it would have provided more money to Jones' other creditors. The next steps remained unclear Wednesday. The judge directed Murray to come up with a new plan to move forward. Murray and representatives of The Onion did not immediately return messages seeking comment. The judge said there was a possibility there could be a trial in 2025 to settle Jones' bankruptcy. He said Murray could try to sell the equity in Infowars' parent company. He also said Murray could abandon the efforts, which could allow the Sandy Hook families to return to the state courts where they won their lawsuits against Jones and begin collection proceedings against him. The judge said he wanted to hear back from Murray and others involved in the bankruptcy within 30 days on a plan to move forward. Mattei, who represented the Sandy Hook families in the Connecticut lawsuit, said everyone is waiting to see what plan the trustee comes up with. Jones, meanwhile, continued to allege fraud and collusion on his show Wednesday and threatened legal action over what he called an attempted “rigged auction.” On the social media platform X, he called the judge’s ruling a “Major Victory For Freedom Of The Press & Due Process.” “I don’t want to have to go after these people, lawsuit-wise, but we have to because if you don’t then you’re aiding and abetting and they do it to other people. They made some big mistakes,” he said. It’s a solemn and heartbreaking week for relatives of victims of the Sandy Hook shooting in Newtown, Connecticut. The 12th anniversary is Saturday, and some of the victims' relatives were traveling to Washington, D.C., to attend the annual National Vigil for All Victims of Gun Violence on Wednesday evening. The families usually mark the anniversary out of the public eye. Many of the families said their lawsuits against Jones bought back the unbearable pain of losing their loved ones, as well as the trauma of being harassed and threatened by believers of Jones' hoax conspiracy. Relatives said they have been confronted in public by hoax believers and received death and rape threats. Robbie Parker, whose 6-year-old daughter Emilie was killed, testified at the Connecticut lawsuit trial in 2022 that the decade of abuse his family suffered made them move across the country to Washington state, and even there he was accosted in person. The families have not received any money from Jones since winning the trials. Jones has been appealing the $1.5 billion in judgments, and has since conceded that the shooting did happen. Last week, a Connecticut appeals court upheld most of the judgment in that state but reduced it by $150 million.
Virtual Reality in Tourism Market to Witness Stunning Growth with Airbnb, Google, Sony PlayStation VR 12-12-2024 12:06 AM CET | Tourism, Cars, Traffic Press release from: HTF Market Intelligence Consulting Private Limited Virtual Reality in Tourism Market HTF MI recently introduced Global Virtual Reality in Tourism Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2024-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence. Some key players from the complete study are Oculus (Meta), HTC Vive, Sony PlayStation VR, Google, Samsung Gear VR, Expedia, Amadeus, VRBO, Airbnb, YouVisit, Immersion VR, Zeality, Matterport, Virtually Visiting, Holoride, Peek, TraveloVR, Inception VR, Realities.io, Ascape. Download Sample Report PDF (Including Full TOC, Table & Figures) 👉 https://www.htfmarketreport.com/sample-report/4285747-2023-2031-report-on-global-virtual-reality-in-tourism-market?utm_source=Akash_OpenPR&utm_id=Akash According to HTF Market Intelligence, the Global Virtual Reality in Tourism market is expected to grow from $3.5 Billion USD in 2024 to $15 Billion USD by 2032, with a CAGR of 15% from 2024 to 2032. The Virtual Reality in Tourism market is segmented by Types (VR Content Creation, Head-Mounted Displays, 360° Video, VR Booking Systems), Application (Travel Agencies, Hotels, Museums, Tourist Destinations) and by Geography (North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA). Definition: The use of virtual reality (VR) technology to offer immersive experiences of travel destinations. It enables users to explore landmarks, hotels, and attractions virtually, helping them make informed travel decisions and enjoy novel experiences. Dominating Region: • Europe Fastest-Growing Region: • Asia-Pacific Market Trends: •Gamified Travel Experiences, Digital Twin Destinations, AR/VR Convergence Market Drivers: •Rise in Immersive Tech, Post-COVID Recovery, Experience Demand Market Challenges: •High Equipment Costs, Content Limitations, Lack of VR Awareness Have a query? Market an enquiry before purchase 👉 https://www.htfmarketreport.com/enquiry-before-buy/4285747-2023-2031-report-on-global-virtual-reality-in-tourism-market?utm_source=Akash_OpenPR&utm_id=Akash The titled segments and sub-section of the market are illuminated below: In-depth analysis of Virtual Reality in Tourism market segments by Types: VR Content Creation, Head-Mounted Displays, 360° Video, VR Booking Systems Detailed analysis of Tank Container Shipping market segments by Applications: Travel Agencies, Hotels, Museums, Tourist Destinations Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions: • The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.) • North America (United States, Mexico & Canada) • South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.) • Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.) • Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia). Buy Now Latest Edition of Virtual Reality in Tourism Market Report 👉 https://www.htfmarketreport.com/buy-now?format=1&report=4285747?utm_source=Akash_OpenPR&utm_id=Akash Virtual Reality in Tourism Market Research Objectives: - Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years. - To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks). - To analyze the with respect to individual future prospects, growth trends and their involvement to the total market. - To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market. - To deliberately profile the key players and systematically examine their growth strategies. FIVE FORCES & PESTLE ANALYSIS: In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry. • Political (Political policy and stability as well as trade, fiscal, and taxation policies) • Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates) • Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles) • Technological (Changes in digital or mobile technology, automation, research, and development) • Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions) • Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability) Get 10-25% Discount on Immediate purchase 👉 https://www.htfmarketreport.com/request-discount/4285747-2023-2031-report-on-global-virtual-reality-in-tourism-market?utm_source=Akash_OpenPR&utm_id=Akash Points Covered in Table of Content of Global Virtual Reality in Tourism Market: Chapter 01 - Virtual Reality in Tourism Executive Summary Chapter 02 - Market Overview Chapter 03 - Key Success Factors Chapter 04 - Global Virtual Reality in Tourism Market - Pricing Analysis Chapter 05 - Global Virtual Reality in Tourism Market Background or History Chapter 06 - Global Virtual Reality in Tourism Market Segmentation (e.g. Type, Application) Chapter 07 - Key and Emerging Countries Analysis Worldwide Virtual Reality in Tourism Market Chapter 08 - Global Virtual Reality in Tourism Market Structure & worth Analysis Chapter 09 - Global Virtual Reality in Tourism Market Competitive Analysis & Challenges Chapter 10 - Assumptions and Acronyms Chapter 11 - Virtual Reality in Tourism Market Research Methodology Key questions answered • How Global Virtual Reality in Tourism Market growth & size is changing in next few years? • Who are the Leading players and what are their futuristic plans in the Global Virtual Reality in Tourism market? • What are the key concerns of the 5-forces analysis of the Global Virtual Reality in Tourism market? • What are the strengths and weaknesses of the key vendors? • What are the different prospects and threats faced by the dealers in the Global Virtual Reality in Tourism market? Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, Japan, Australia or Southeast Asia. Nidhi Bhawsar (PR & Marketing Manager) HTF Market Intelligence Consulting Private Limited Phone: +15075562445 sales@htfmarketintelligence.com About Author: HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies. We offer services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making. This release was published on openPR.Despite the challenges posed by the political turmoil in South Korea, China has also reaffirmed its commitment to enhancing cooperation with South Korea in various sectors, including trade, investment, culture, and people-to-people exchanges. Chinese leaders have emphasized the importance of maintaining a positive and constructive relationship with South Korea, regardless of the political dynamics at play.
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SALINAS, Calif. − The oldest living survivor of the died Christmas morning. Warren “Red” Upton, of San Jose, California, was also the last living survivor of the , which sank during Japanese attacks on the stationed at Pearl Harbor, Hawaii, on Dec. 7, 1941. He was 105. Upton had a short hospital stay in Los Gatos surrounded by his family before he died Wednesday, according to Kathleen Farley, the California state chair of the nonprofit Sons and Daughters of Pearl Harbor Survivors. There are 15 living Pearl Harbor survivors, she said in a phone interview Saturday. Upton was a Navy radioman aboard the USS Utah when torpedoes hit the battleship and quickly capsized it, the nonprofit Pacific Historic Parks said in a social media . In total, 58 of Upton’s shipmates died when the USS Utah quickly sank, and 461 sailors survived. During the attacks, Upton swam to nearby Ford Island, a naval air station in the middle of Pearl Harbor. He helped another shipmate along the way who couldn’t swim, according to Pacific Historic Parks. The attacks killed 2,403 American service members and civilians. Over 1,000 people were injured. It spurred the U.S. to enter World War II. It is with profound sadness that we announce the passing of Pearl Harbor Survivor Warren "Red" Upton, the last living... Posted by on Upton served as a radioman throughout the war, Farley said. After his service, he returned home to California, where he married his wife, Gene, a former Navy nurse during the war. The two had five children and numerous grandchildren. in 2018. She was 97. Upton remained an active member of his local chapter of the Pearl Harbor Survivors Association, Farley said. His last visit to was in 2019. Many wondered whether he wanted to be cremated and interred inside the USS Utah with his shipmates in Pearl Harbor, Farley said. Only survivors are eligible for the honor, according to the . Upton had no plans of doing so, Farley said. “He always said, ‘I was lucky enough to make it off the ship. I’m not going back,’” she said. Services for Upton are still pending.NBA suspends three players involved in altercation between Mavericks and Suns | CNN
Jonathan Kuminga’s Warriors’ Tenure At Crossroads After Career HighAP Trending SummaryBrief at 2:21 p.m. EST
Manchin, Sinema prevent Democrats from locking in majority on labor board through 2026 WASHINGTON (AP) — Senate Democrats failed in their bid to confirm a Democratic member of the National Labor Relations Board after the Senate rejected a razor-thin vote that hinged on the pivotal rejections of independent Sens. Joe Manchin of West Virginia and Kyrsten Sinema of Arizona. If the nomination had been successful, the board would have had a Democratic majority until 2026. President-elect Donald Trump will now have a chance to nominate a replacement. The NLRB is a government agency that handles labor relations and unionization in the workplace. It also has the power to investigate potential unfair labor practices, meaning its leadership is highly scrutinized by business interests and labor groups. The failed vote is another blow to Senate Democrats and outgoing President Joe Biden's agenda. Arizona AG sues Saudi firm over 'excessive' groundwater pumping, saying it's a public nuisance PHOENIX (AP) — Arizona Attorney General Kris Mayes says she is suing a Saudi Arabian agribusiness over what she calls “excessive pumping” of groundwater. She alleges that the Fondomonte alfalfa farm in western Arizona is violating a public nuisance law even though the area has no groundwater pumping regulations. Mayes said Wednesday that Fondomonte's use of groundwater threatens the public health, safety and infrastructure of local communities in rural La Paz County. It's Arizona's latest action against foreign companies that use huge amounts of groundwater to grow thirsty forage crops for export. The Associated Press emailed Fondomonte seeking a response to the lawsuit. US inflation ticked up last month as some price pressures remain persistent WASHINGTON (AP) — Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated. Consumer prices rose 2.7% in November from a year earlier, up from a yearly figure of 2.6% in October. Excluding volatile food and energy costs, so-called core prices increased 3.3%. Measured month to month, prices climbed 0.3% from October to November, the biggest such increase since April. Wednesday’s inflation figures are the final major piece of data Federal Reserve officials will consider before they meet next week to decide on interest rates. The November increase won’t likely be enough to discourage the officials from cutting their key rate by a quarter-point. Albertsons sues Kroger for failing to win approval of their proposed supermarket merger Kroger and Albertsons’ plan for the largest U.S. supermarket merger in history has crumbled. The two companies have accused each other of not doing enough to push their proposed alliance through, and Albertsons pulled out of the $24.6 billion deal on Wednesday. The bitter breakup came the day after a federal judge in Oregon and a state judge in Washington issued injunctions to block the merger, saying that combining the two grocery chains could reduce competition and harm consumers. Albertsons is now suing Kroger, seeking a $600 million termination fee, as well as billions of dollars in legal fees and lost shareholder value. Kroger says the legal claims are “baseless.” Donald Trump will ring the New York Stock Exchange bell as he's named Time's Person of the Year NEW YORK (AP) — President-elect Donald Trump is expected to ring the opening bell at the New York Stock Exchange for the first time and be named Time magazine's Person of the Year. Thursday's events will be a notable moment of twin recognitions for Trump, a born-and-bred New Yorker who has long seen praise from the business world and media as a sign of success. Four people with knowledge of his plans told The Associated Press that Trump was expected to be on Wall Street on Thursday to mark the ceremonial start of the day's trading, while a person familiar with the selection confirmed that Trump had been selected as Time's Person of the Year. Supreme Court allows investors' class action to proceed against microchip company Nvidia WASHINGTON (AP) — The Supreme Court is allowing a class-action lawsuit that accuses Nvidia of misleading investors about its past dependence on selling computer chips for the mining of volatile cryptocurrency to proceed. The court’s decision Wednesday comes the same week that China said it is investigating the the microchip company over suspected violations of Chinese anti-monopoly laws. The justices heard arguments four weeks ago in Nvidia’s bid to shut down the lawsuit, then decided that they were wrong to take up the case in the first place. They dismissed the company’s appeal, leaving in place an appellate ruling allowing the case to go forward. Apple's latest iPhones get the gift of more AI as holiday shopping season heats up SAN FRANCISCO (AP) — Apple is pumping more artificial intelligence into the latest iPhones during the holiday shopping season. It comes in the form of a free software update that includes a feature that enables users to create customized emojis within a matter of seconds. The Wednesday release of the iPhone’s upgraded operating system extends Apple’s expansion into AI months after rivals such as Samsung and Google began implanting the revolutionary on their devices. The update builds upon another one that came out in late October. The latest round of AI tricks includes “Genmojis,” Apple’s description of emojis that iPhone users will be able to ask the technology to create and then share. EU targets Russia's ghost fleet shipping oil in a new round of sanctions BRUSSELS (AP) — European Union envoys have agreed a new raft of sanctions against Russia over its war on Ukraine. The EU's Hungarian presidency said Wednesday that the measures will target in particular a vast shadow fleet of ships that Moscow is exploiting to skirt restrictions on transporting oil and fuel. The sanctions are aimed at about 50 of what are routinely decrepit ships. The sanctions will hit more officials and entities alleged to be helping Russia to improve its military technology by evading export restrictions. EU foreign ministers are set to formally adopt the sanctions package on Monday. Can ordinary citizens solve our toughest problems? BEND, OREGON (AP) — Research shows Americans are frustrated with what they perceive as aloofness and gridlock within civic institutions. Citizen assemblies may be able to help. The groups which have direct involvement in decision-making can help “overcome polarization and strengthen societal cohesion,” says Claudia Chwalisz, founder of DemocracyNext. Her nonprofit, launched in Paris in 2022, champions such assemblies worldwide, hoping they can “create the democratic spaces for everyday people to grapple with the complexity of policy issues, listen to one another, and find common ground.” In Europe, examples of such changes abound. In the United States, results are spottier. Making a $1B investment in the US? Trump pledges expedited permits — but there are hurdles WASHINGTON (AP) — President-elect Donald Trump is promising expedited federal permits for energy projects and other construction worth more than $1 billion. But like other Trump plans, the idea is likely to run into regulatory and legislative hurdles, including a landmark law that requires federal agencies to consider the environmental impact before deciding on major projects. Environmental groups called the plan a clear violation of the National Environmental Policy Act. The chief policy advocacy officer at the Natural Resources Defense Council says Trump should be careful what he wishes for. She said, "What if someone wants to build a waste incinerator next to Mar-a-Lago or a coal mine next to Bedminster golf course?”‘Nearly 40% of cricketers at U12 level in Australia are of South Asian heritage’
Closing marks second significant acquisition from RA Capital's Raven incubator in 2024, and first acquisition of a company built by Raven from a technology platform in-licensed from a large pharmaceutical company BOSTON , Dec. 11, 2024 /PRNewswire/ -- RA Capital Management, LP (RA Capital), a multi-stage investment manager dedicated to evidence-based investing in public and private healthcare, life sciences, and planetary health companies, today announced that AbbVie has closed its $1.4 billion acquisition of RA Capital's portfolio company Aliada Therapeutics. Aliada's lead investigational asset is ALIA-1758, an anti-pyroglutamate amyloid beta (3pE-Aβ) antibody, which is in development for the treatment of Alzheimer's disease and is currently in a Phase 1 clinical trial. ALIA-1758 utilizes a novel blood-brain barrier-crossing technology that enhances delivery of targeted drugs into the central nervous system. Johnson & Johnson (through its venture capital arm, Johnson & Johnson Innovation – JJDC, Inc.), RA Capital, and Raven (RA Capital's healthcare incubator) co-founded Aliada and co-led the series seed financing in 2021 to advance the MODELTM platform created by Johnson & Johnson scientists that was licensed to Aliada at its inception. "Congratulations to the Aliada and AbbVie teams and our fellow investors on the close of this transaction," said Joshua Resnick , MD, Senior Managing Director at RA Capital Management and former board director at Aliada. "The acquisition of Aliada is the second significant acquisition of a Raven-grown company this year, joining Novartis' $1 billion upfront acquisition of radiopharmaceutical developer Mariana Oncology in May." "Delivering therapeutics across the blood-brain barrier with a low-volume, subcutaneous injection would be revolutionary for treating Alzheimer's disease and other neurological disorders, and has long been a dream in the field," said Laura Tadvalkar , PhD, Managing Director at RA Capital Management and former board chair at Aliada. "We look forward to following ALIA-1758's progress through the clinic, as AbbVie advances this important medicine for Alzheimer's disease patients." About Raven Raven is RA Capital Management's healthcare incubator. Raven's experienced team of scientists, operators, and innovators bring deep sector expertise, insight and executional capabilities across therapeutics, diagnostics, devices, and services. Raven builds companies: from originating and incubating new ideas to accelerating compelling innovations and rejuvenating promising assets. About RA Capital Founded in 2004, RA Capital Management is a multi-stage investment manager dedicated to evidence-based investing in public and private healthcare, life sciences, and planetary health companies. RA Capital creates and funds innovative companies, from private seed rounds to public follow-on financings, allowing management teams to drive value creation from inception through commercialization and beyond. RA Capital's knowledge engine is guided by our TechAtlas internal research division, and Raven, RA Capital's company creation team, offers entrepreneurs and innovators a collaborative and comprehensive platform to explore the novel and the re-imagined. RA Capital has more than 175 employees and over $10 billion in assets under management. The companies presented herein were selected to demonstrate a potential successful outcome of a company being incubated within our Raven incubator. They are not intended to represent a complete picture of RA Capital's portfolio, its exposures, risks or potential for positive or negative returns. Past performance is not indicative of future results. View original content to download multimedia: https://www.prnewswire.com/news-releases/ra-capital-management-announces-close-of-1-4-billion-acquisition-of-aliada-therapeutics-by-abbvie-302329567.html SOURCE RA Capital Management, LPFeeling devastated and overwhelmed by financial ruin, Mrs. Lin and Jane decided to seek help from the police, hoping to bring the scammers to justice and potentially recover some of their lost funds. However, instead of providing compassion and assistance, the officers they encountered brazenly belittled their situation and even made disparaging remarks about their decision to invest in the first place.
In conclusion, the Alibaba data center fire, while a concerning incident, was effectively contained with no reported casualties, thanks to the swift response and coordinated efforts of all involved parties. The incident serves as a reminder of the importance of safety and preparedness in high-risk environments, and Alibaba's handling of the situation exemplifies best practices in crisis management.As the countdown to CES 2025 begins, the spotlight is turning towards Hesai and their highly anticipated unveiling of the Mini 3D Lidar in the robotics sector. With a reputation for innovation and cutting-edge technology, Hesai has positioned itself as a key player in the development of advanced sensor solutions. The debut of the Mini 3D Lidar marks a significant milestone in the company's journey towards shaping the future of robotics.
In response to the incident, authorities have reiterated the need for prompt reporting of any suspicious activities or concerns regarding the safety of individuals. They have also emphasized the importance of maintaining open lines of communication with family, friends, and authorities to ensure early intervention in potentially dangerous situations.In a recent development, the missing graduate student who had been the subject of an intense search has been found safe and has been admitted to a hospital for treatment. The case, which had captured the attention and concern of the public, is now at a critical juncture as authorities continue to investigate the circumstances surrounding her disappearance.In response to these reports, citizens are urging authorities to take swift action to address the issue and prevent further abuse of the system. One proposed solution is to implement stricter controls on voucher distribution, including limiting the number of vouchers that can be obtained by an individual or requiring proof of identification to discourage scalpers from hoarding vouchers. Additionally, improved monitoring and enforcement mechanisms could help identify and penalize those engaged in illegal resale activities.
In today's rapidly evolving world, the concept of productivity is constantly being redefined and reshaped by technological advancements, innovation, and changing societal needs. The traditional ways of measuring productivity are being challenged by the emergence of new forms of production that are more efficient, sustainable, and impactful. This shift towards new productivity is not only revolutionizing industries and sectors but also paving the way for a more dynamic and progressive future.
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