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Shadow treasurer Angus Taylor has hit out at Labor's regulatory framework as stunting Australia's economic processes, particularly in the energy industry, as the Coalition touts a cheaper pathway in its nuclear power costings. Speaking to Sky News Political Editor Andrew Clennell on Sunday Agenda, Mr Taylor blamed Labor's "sclerotic" regulations for preventing progress in the energy sector. The shadow treasurer said the Liberal Party approach was to "get things moving" which was offering up a different approach as seen with the Coalition's recent nuclear energy costings release on Friday. Mr Taylor said the Labor Party had regulated the resources industry "out of existence", adding it was "impossible" to get a tick of approval for projects in multiple sectors such as energy and housing. "There's a different approach to regulation, which is fit for purpose, to deliver the outcomes we need but don't clog up the private sector, don't clog up investment, don't clog up the investments that need to be made by governments as well," he said. "But that's exactly what's happening under the Labor Party." Mr Taylor said the Coalition would seek to overcome regulations to "get things moving" after it released its nuclear power costings last week. The Coalition’s ambitious nuclear energy proposal has been slated to bring down power bills after modelling revealed the policy will be $264 billion cheaper than Labor’s renewables plan. The shadow treasurer said the portion of "clean, baseload nuclear power" would bring down the overall costs of the system which would allow manufacturers, data centres, households, and small businesses to pay less for electricity "over the many decades to come". Asked if the modelling suggested a "massive shrinking" of the economy, Mr Taylor said the "only people who know how to shrink this economy is the Labor Party". "They're doing an extremely good job of it right now. Seven consecutive quarters of GDP per capita going backwards. It's completely unprecedented," he said. "Household budgets are in disarray. They're in ruin. We've never seen the hit to household disposable incomes, the standard of living of Australian households like we've seen since Labor came to power. "Not at any time in the past. Not the recession we had to had under under Paul Keating, not the Gough Whitlam economic disaster. This is worse than all of those situations and so I won't take lectures on the economy from the Labor Party." Mr Taylor continued his rebuke of Labor by addressing the Coalition's energy mix proposal. Opposition Leader Peter Dutton announced details of his ambitions for Australia’s energy future, including 38 per cent of the nation's power to come from nuclear energy by 2050. The energy mix has also included 32 per cent wind, 17 per cent solar, and a smaller contribution from gas and storage. Mr Taylor said the plan would incorporate a broad range of technologies to strike a balance, while also reducing the cost of energy in comparison. "The one person who is imbalanced on energy is Chris Bowen and his mates. The vested interests are out there squawking away at the moment as you'd expect them to," he said. "But (Bowen) is not interested, it seems, in getting electricity bills down. We've seen that he promised to $275 reduction and we are nowhere near that. "He's got 16 days, by the way. He's got 16 days for the deadline on that. But I think we can all be pretty confident we're not going to see that."
Scott Bessent's rise through finance to the US Treasury
JERUSALEM (AP) — Israel’s attorney general has ordered police to open an investigation into Prime Minister Benjamin Netanyahu’s wife on suspicion of harassing political opponents and a witness in the Israeli leader’s corruption trial. The Israeli Justice Ministry made the announcement in a terse message late Thursday, saying the investigation would focus on the findings of a recent report by the “Uvda” investigative program into Sara Netanyahu. The program uncovered a trove of WhatsApp messages in which Mrs. Netanyahu appears to instruct a former aide to organize protests against political opponents and to intimidate Hadas Klein, a key witness in the trial. The announcement did not mention Mrs. Netanyahu by name, and the Justice Ministry declined further comment. But in a video released earlier Thursday, Netanyahu listed what he said were the many kind and charitable acts by his wife and blasted the Uvda report as “lies.” “My opponents on the left and in the media found a new-old target. They mercilessly attack my wife, Sara,” he said. He called the program ”false propaganda, nasty propaganda that brings up lies from the darkness.” It was the latest in a long line of legal troubles for the Netanyahus — highlighted by the prime minister's ongoing corruption trial . The pair have also had a rocky relationship with the Israeli media. Netanyahu is charged with fraud, breach of trust and accepting bribes in a series of cases alleging he exchanged favors with powerful media moguls and wealthy associates. Netanyahu denies the charges and says he is the victim of a “witch hunt” by overzealous prosecutors, police and the media. The report obtained correspondence between Sara Netanyahu and Hanni Bleiweiss, a former aide to the prime minister who died of cancer last year. The messages indicated that Sara Netanyahu encouraged police to crack down violently on anti-government protesters and ordered Bleiweiss to organize protests against her husband's critics. She also told Bleiweiss to get activists in Netanyahu's Likud party to publish attacks on Klein. Klein is an aide to billionaire Hollywood mogul Arnon Milchan and has testified in the corruption case about her role in delivering tens of thousands of dollars worth of champagne, cigars and gifts to Netanyahu for her boss. According to the report, Sara Netanyahu mistreated Bleiweiss, prompting her to share the messages with a reporter shortly before her death. Sara Netanyahu has been accused of abusive behavior toward her personal staff before. This, together with accusations of excessive spending and using public money for her own extravagant personal tastes, has earned her an image as being out of touch with everyday Israelis. In 2019, she was fined for misusing state funds. National Security Minister Itamar Ben-Gvir, who oversees police and has repeatedly said Attorney General Gali Baharav Miara should be fired over a series of grievances against her, said the latest announcement was another reason for her to be dismissed. “Someone who politically persecutes government ministers and their families cannot continue to serve as the attorney general,” he said. And Justice Minister Yariv Levin, another Netanyahu ally and critic of Baharav Miara, accused her of focusing on “television gossip.” “Selective enforcement is a crime!” he said in a statement. AP correspondents Eleanor H. Reich in New York and Isaac Scharf in Jerusalem contributed reporting.Edmonton charities look back at their challenges and achievements in 2024Even the mighty U.S cannot decimate them: This rebel group in Middle East is threatening America, officials shocked over their advanced weapons
Part of Wallace Elementary School’s first miniature sail boat made it as far as Hawaii last year after being launched in June 2022. Now, the school’s current students are building and launching their own miniboat into the Pacific Ocean. For seven years, Washington and Oregon students have built and launched unmanned 5-foot sailing vessels through Astoria’s Columbia River Maritime Museum. The program, developed in partnership with not-for-profit Educational Passages and other organizations, helps students practice STEAM (science, technology, engineering, arts and mathematics) skills, museum Education Director Katy Menne said. Though the program’s previous goal of reaching Japan has been lowered, another Kelso elementary school’s creation is still within reach. Could the district’s latest ship make it as far? Wallace Elementary School’s latest miniboat, S/V Wolverine, was christened Dec. 19 in a dual ceremony with a vessel built by Gaston, Oregon elementary students. Almost 150 guests attended the christening, according to a post from the Columbia River Maritime Museum, including the classrooms that built the boats; Wallace’s entire fifth grade; and a Jewell, Oregon fifth and sixth grade classroom, which built a miniboat during the last school year. The two boats will also be launched together from a cargo ship departing from the Port of Vancouver this week. Students from both schools voted to launch the boats southwest of the Aleutian Islands, an island chain off the southern coast of Alaska. Their second choice of launch site was off the eastern coast of Japan. Columbia River Maritime Museum boat educator Olive DelSol, who helped guide both classes in building their boats, said she is interested to see whether they will end up in the same place or be separated by the ocean. She will continue to work with both classes to track their boats’ progress after they launch. “We know where we’re going to launch the boats, but we don’t know where they’re going to end up,” she said. Once the boats launch, they will begin sending GPS data back to the museum. To track S/V Wolverine's progress, visit educationalpassages.org/boats/wolverine . Wallace Elementary School students pose with their miniboat, S/V Wolverine, at a christening ceremony on Thursday, Dec. 19 in Astoria. The 5-foot vessel, built by the students, is set to by launched by a cargo ship that left the Port of Vancouver this week. When the Columbia River Maritime Museum Miniboat Program started in 2017, the goal was for unmanned 5-foot boats built by students in Washington and Oregon to reach the coast of Japan, while students in Japan sent their own boats toward America. Last year, after looking at the data from past voyages, program staff realized that might not be feasible. They shifted the goal for local schools to make landfall in any location on the Pacific Ocean. However, after the bar was lowered, a Kelso miniboat came remarkably close to reaching Japan. Barnes Elementary School’s S/V Grizzly Bear was first launched in San Diego in January. After washing up in southern California two days afterward, the boat was relaunched near Hawaii in April. In September, it passed within around 300 nautical miles of Hokkaido, Japan’s northernmost main island, before drifting east again. Students from Wallace and Gaston elementary schools take S/V Wolverine, front, and S/V Greyhound 5 on a shakedown cruise to test their seaworthiness on Thursday, Dec. 19. According to GPS tracking, it is still in the area. S/V Grizzly Bear was around 1,100 nautical miles southeast of Hokkaido as of Sunday. “I’m amazed and grateful that it has continued to float for over 200 days,” DelSol said. DelSol helped build Grizzly Bear during her first year with the miniboat program. This is her second year as a boat educator, and her first time assisting with two boats at once. This year, DelSol wanted the program to focus on science and local maritime history, she said. Students learned about yearly canoe journeys taken by local tribes and the history of the Lewis and Clark expedition, as well as more technical topics like how to analyze the tracking data that the boats will send once they launch. The students also got to decide how they wanted to decorate their boats. Wolverine was named after the recently released movie “Deadpool & Wolverine,” but is not actually themed after the Marvel character, DelSol said. “That’s probably important to note,” she said. “They made their own character. They’ve just grabbed the name.” Another new aspect of the program is an increased focus on collaboration, both between current and former miniboat classrooms and between different schools. Students who have participated in the program already will now have the opportunity to leave behind advice for future classes in their school district. “This program is really alive,” DelSol said. “It’s vital. It’s vibrant. Our community is growing in an exponential way.” Minka Atkinson is a news reporter for The Daily News covering education, health and social services in Cowlitz County. Get our local education coverage delivered directly to your inbox. Reporter {{description}} Email notifications are only sent once a day, and only if there are new matching items.
Geneva, Switzerland , Dec. 26, 2024 (GLOBE NEWSWIRE) -- SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products, today announced that it received formal written confirmation from The Nasdaq Stock Market, LLC (“Nasdaq”) confirming that the Company has regained compliance with Nasdaq’s minimum bid price requirement. The regaining of compliance is a result of the Company’s closing bid price of the Ordinary Shares being at least $1.00 for at least 10 consecutive business days prior to January 28, 2025 deadline, as described in the initial notice from Nasdaq received by the Company on August 1, 2024. The closing bid price of the Company’s Ordinary Shares has been at $1.00 per share or greater from December 11 to December 24, 2024. Accordingly, Nasdaq Listing Qualifications Staff has determined that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), and the matter is now closed. About SEALSQ SEALSQ is a leading innovator in Post-Quantum Technology hardware and software solutions. Our technology seamlessly integrates Semiconductors, PKI (Public Key Infrastructure), and Provisioning Services, with a strategic emphasis on developing state-of-the-art Quantum Resistant Cryptography and Semiconductors designed to address the urgent security challenges posed by quantum computing. As quantum computers advance, traditional cryptographic methods like RSA and Elliptic Curve Cryptography (ECC) are increasingly vulnerable. SEALSQ is pioneering the development of Post-Quantum Semiconductors that provide robust, future-proof protection for sensitive data across a wide range of applications, including Multi-Factor Authentication tokens, Smart Energy, Medical and Healthcare Systems, Defense, IT Network Infrastructure, Automotive, and Industrial Automation and Control Systems. By embedding Post-Quantum Cryptography into our semiconductor solutions, SEALSQ ensures that organizations stay protected against quantum threats. Our products are engineered to safeguard critical systems, enhancing resilience and security across diverse industries. For more information on our Post-Quantum Semiconductors and security solutions, please visit www.sealsq.com . Forward Looking Statements This communication expressly or implicitly contains certain forward-looking statements concerning SEALSQ Corp and its businesses. Forward-looking statements include statements regarding our business strategy, financial performance, results of operations, market data, events or developments that we expect or anticipates will occur in the future, as well as any other statements which are not historical facts. Although we believe that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond our control. Actual results may differ materially from those expressed or implied by such forward-looking statements. Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include SEALSQ’s ability to implement its growth strategies; SEALSQ’s ability to successfully launch post-quantum semiconductor technology; SEALSQ’s ability to capture a share of the quantum semiconductor market; the growth of the quantum computing market; SEALSQ’s ability to expand its U.S. operations; SEALSQ’s ability to make additional investments towards the development of a new generation of quantum-ready semiconductors; SEALSQ’s ability to continue beneficial transactions with material parties, including a limited number of significant customers; market demand and semiconductor industry conditions; the growth of the quantum computing market; and the risks discussed in SEALSQ’s filings with the SEC. Risks and uncertainties are further described in reports filed by SEALSQ with the SEC. SEALSQ Corp is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.Edmonton charities look back at their challenges and achievements in 2024CLEVELAND -- The NFL has closed an investigation into sexual assault allegations against Cleveland Browns quarterback Deshaun Watson, who is ending the season on injured reserve for the second year in a row. The league has been reviewing the case for months , trying to determine whether Watson should be punished. “The matter is closed,” league spokesman Brian McCarthy said Friday in an email to The Associated Press. “There was insufficient evidence to support a finding of a violation of the personal conduct policy.” Watson, who served an 11-game suspension in 2022, was accused of assault in Texas by a woman in September. She was seeking more than $1 million in damages before the sides reached a confidential settlement. Watson strongly denied the allegations through his attorney, Rusty Hardin. The 29-year-old Watson suffered a season-ending Achilles tendon rupture in October. He's been rehabbing the injury in hopes of returning next season. The Browns still owe Watson $46 million in each of the next two seasons after they traded three first-round picks to Houston and signed him to a five-year, fully guaranteed $230 million contract that has backfired. Watson has only played in 19 games over three seasons due to the suspension and injuries. He was acquired by the Browns, who were comfortable with his character despite Watson being accused of sexual assault and inappropriate conduct during massage therapy sessions while he played for the Texans. While he's in the clear with the league, Watson's future with Cleveland isn't so certain. His massive contract — and its salary-cap ramifications — has put the Browns in a bind in terms of trying to improve their roster. Cleveland has had a disappointing season after making the playoffs a year ago and could move on from Watson, but the cost would be exorbitant if the team just releases him. The Browns signed Jameis Winston for one season to be Watson's backup. Winston has gone 2-3 as a starter since taking over and he's put some life into Cleveland's offense, which didn't score 20 points or gain 300 yards with Watson before his injury. His 2023 season was ended by a broken bone in his shoulder, requiring surgery. Winston has indicated he would come back, and he could be a viable option as a starter even if the Browns draft a young QB. ___ AP NFL: https://apnews.com/hub/NFL
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