Non-Volatile Memory Express Market | Business Growth, Development Factors, Current and Future Trends till 2031 | Seekway Technology Ltd. SeeReal Technologies GmbH Sony Corporation 11-30-2024 10:46 AM CET | Business, Economy, Finances, Banking & Insurance Press release from: orion market research Non-Volatile Memory Express Market The global non-volatile memory express market is anticipated to grow at a significant CAGR during the forecast period. Non-Volatile Memory Express Market research report allows making important decision making essential for business growth. It helps key participants further in applying right business ideas to grow business and choose the right business doing strategy. Having complete understanding of what purchasers are looking for in the market and which factors can influence their purchasing decision greatly helps to make investment in the right product development and launch it accordingly. It is also crucial for major participants to understand the behavior of target customers to bring novel products into the market. This Non-Volatile Memory Express Market report serves as a blueprint to get thorough study of market competition, target audience and entire market. Get Free Sample link @ https://www.omrglobal.com/request-sample/non-volatile-memory-express-market With the increasing adoption of hybrid deployments, many businesses and organizations are implementing hybrid NVMe servers and storage solutions which allow companies to keep their capital expenditure less and NVMe also makes disaster recovery management easier. With the increasing number of data, the need for storage devices is increasing and they are becoming increasingly connected. Many companies are focusing and investing heavily in R&D. In 2018, Intel invested $13.5 billion in R&D to build new products and get an edge over competitors. In February 2018, the company launched Intel SSD DC P4510 Series and P4511 Series to cater to data centers across the globe. full report of Non-Volatile Memory Express Market available @ https://www.omrglobal.com/industry-reports/non-volatile-memory-express-market •Market Coverage •Market number available for - 2024-2031 •Base year- 2024 •Forecast period- 2023-2031 •Segment Covered- By Source, By Product Type, By Applications •Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill •Inc., and others Global Non-Volatile Memory Express (NVMe) Market Report Segment by Region North America •United States •Canada Europe •UK •Germany •Italy •Spain •France •Rest of Europe Asia-Pacific •China •India •Japan •South Korea •Rest of Asia-Pacific Rest of the World •Latin America •Middle East & Africa For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/non-volatile-memory-express-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies. Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404 This release was published on openPR.The 21st Annual General Meeting of the Sri Lanka – Russia Business Council of the Ceylon Chamber of Commerce (SLRBC) was held recently at the Cinnamon Grand, Colombo 03. The event was graced by the presence of H.E. Levan Dzhagaryan, Ambassador of the Embassy of the Russian Federation in Sri Lanka, who participated as the Chief Guest, a news release from the chamber said. Delivering his address, H.E. Dzhagaryan highlighted the significant trade, tourism, and cultural collaborations between Sri Lanka and Russia, emphasizing that Russia continues to play a pivotal role in Sri Lanka’s tourism sector and export trade. The keynote speaker, Mr. Mangala Wijesinghe, Chairman and Chief Executive Officer of the Export Development Board, discussed strategies to enhance Sri Lanka’s export potential and foster stronger economic ties with Russia. His address included insights on Sri Lanka’s ambitious targets for merchandise and service exports, as well as initiatives to bolster the small and medium enterprise (SME) sector. In his speech, Mr. Jude Fernando, President of the SLRBC, reflected on the Council’s achievements, including facilitating greater trade collaboration and enhancing bilateral relationships. He outlined future plans focused on creating new opportunities for member engagement, strengthening support for small and medium exporters, and addressing trade challenges through innovative solutions and policy reforms. Mr. Jude Fernando, Director, Rhino Roofing Products Limited, continues as President of the SLRBC for 2024/25. Vice Presidents Mr. Buddhapriya Ramanayake, Managing Director, Maxims Overseas Holdings (Pvt) Ltd, and Mr. Prabath Harshakumar, Vice President – John Keells Holdings and Head of Business Development, Walkers Tours Ltd, were re-elected. Ms. Shamindi Kumarasinghe, Head of Exports, Nature’s Beauty Creations Limited, was re-elected Treasurer, while Mr. Kolitha Wickremasinghe, Managing Director, SALOTA International (Pvt) Ltd, continues as Immediate Past President. The newly elected committee includes representatives from Avian Technologies (Pvt) Ltd, Ceylon Fresh Teas (Pvt) Ltd, Freight Links International (Pte) Ltd, HVA Food PLC, Millennium Teas (Pvt) Ltd, Regency Teas (Pvt) Ltd, Scanwell Logistics Colombo (Pvt) Ltd, Shan Teas (Pvt) Ltd, and Unitrades (Pvt) Ltd. For membership inquiries, contact Council Manager – Aneesha at the Ceylon Chamber of Commerce via 0115588856 or email industry@chamber.lk.
Sportscaster Greg Gumbel dies from cancer at age 78House Speaker Ghimire leaves for Cambodia despite Foreign Ministry’s advice against participation
The billing of London-born former Chelsea boss Hayes against England’s Dutch manager Sarina Wiegman – arguably the best two bosses in the women’s game – had generated more buzz in the build-up than the players on the pitch, despite it being a rare encounter between the two top-ranked sides in the world. Hayes enjoyed her return to familiar shores but felt the US lacked the “killer piece” after they looked the likelier side to make the breakthrough. Elite meeting of the minds 🌟 pic.twitter.com/R4d8EArqTp — U.S. Women's National Soccer Team (@USWNT) November 30, 2024 Asked what was going through her mind during the national anthem, Hayes said: “I was definitely mouthing (it), and Naomi (Girma) and Lynn (Williams) could see that I was struggling with where to be and all that. “I got to the end of the anthems and I thought, ‘that’s so ridiculous. I’m proud to be English and I’m proud of our national anthem, and I’m also really proud to coach America’. “Two things are possible all at once. I don’t want to fuel a nationalist debate around it. The realities are both countries are really dear to me for lots of reasons, and I’m really proud to represent both of them.” The Lionesses did not register a shot on target in the first half but grew into the game in the second. US captain Lindsey Horan had the ball in the net after the break but the flag was up, while Hayes’ side had a penalty award for a handball reversed after a VAR check determined substitute Yazmeen Ryan’s shot hit Alex Greenwood’s chest. Hayes, who left Chelsea after 12 trophy-packed years this summer, said: “I’ve been privileged to coach a lot of top-level games, including here, so there’s a familiarity to being here for me. “It’s not new to me, and because of that there was a whole sense of I’m coming back to a place I know. I have a really healthy perspective, and I want to have a really healthy perspective on my profession. “I give everything I possibly can for a team that I really, really enjoy coaching, and I thrive, not just under pressure, but I like these opportunities, I like being in these situations. They bring out the best in me. “You’ve got two top teams now, Sarina is an amazing coach, I thought it was a good tactical match-up, and I just enjoy coaching a high-level football match, to be honest with you. I don’t think too much about it.” Hayes had travelled to London without her entire Olympic gold medal-winning ‘Triple Espresso’ forward line of Trinity Rodman, Mallory Swanson and Sophia Smith, all nursing niggling injuries. Before the match, the 48-year-old was spotted chatting with Wiegman and her US men’s counterpart, fellow ex-Chelsea boss Mauricio Pochettino, who was also in attendance. England were also missing a number of key attackers for the friendly including Lauren Hemp, Lauren James and Ella Toone, all ruled out with injury. "This shows where we are at and we need to keep improving. It is November now. This is good but we want to be better again. We have to be better again." 👊 Reaction from the boss ⬇️ — Lionesses (@Lionesses) November 30, 2024 Wiegman brushed aside suggestions from some pundits that her side were content to settle for a draw. She said: “I think we were really defending as a team, very strong. We got momentum in the second half, we did better, and of course both teams went for the win. “So many things happened in this game, also in front of the goal, so I don’t think it was boring. “We wanted to go for the win, but it was such a high-intensity game, you have to deal with a very good opponent, so you can’t just say, ‘Now we’re going to go and score that goal’. “We tried, of course, to do that. We didn’t slow down to keep it 0-0. I think that was just how the game went.”LYNCHBURG, Va. (AP) — Kaden Metheny had 25 points in Liberty's 79-56 victory against UT Arlington on Saturday. Metheny added five assists for the Flames (12-1). Zach Cleveland scored 18 points and added 10 rebounds. Taelon Peter went 7 of 11 from the field (4 for 8 from 3-point range) to finish with 18 points. The Flames extended their winning streak to nine games. The Mavericks (6-7) were led in scoring by Lance Ware, who finished with 15 points, 11 rebounds and three steals. Raysean Seamster added 10 points and three steals for UT Arlington. Diante Smith had seven points. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .Pedro escaped punishment after swinging an arm at Bees substitute substitute Yehor Yarmoliuk without making contact. VAR reviewed the second-half incident but deemed there was no violent conduct. Frank and Brighton head coach Fabian Hurzeler disagreed about the decision. “As I understand the rules, you can’t swing your arm to try to hit someone,” said Frank. “If you hit them or not, it’s a red, that’s the way I understand the rules.” Frank spoke to the match officials, including referee Andy Madley, about the flashpoint at full-time. “They haven’t seen the situation yet, not on TV afterwards,” said Frank. “To be fair to him, I think the angle can be tricky so that’s why you’ve got VAR.” Asked about Frank’s assessment, Hurzeler replied: “Interesting opinion. I see it completely different. “For me, it’s not a red card. He tried to get free from a person.” Brighton were booed off after their winless run was stretched to six top-flight games. Albion dominated for large periods and hit the woodwork inside four minutes through Julio Enciso. Bees goalkeeper Mark Flekken made some important saves before being forced off injured in the 36th minute, albeit his replacement Hakon Valdimarsson was rarely tested on his Premier League debut. The Seagulls remain 10th ahead of Monday’s trip to Aston Villa, with Brentford a position and two points below moving towards their New Year’s Day showdown with Arsenal. Hurzeler thought the jeers at full-time were unfair. “The team doesn’t deserve that because in all the games we had in the last weeks they were all good, they were all intense, they were all where we thought we deserved more” said the German, whose team have lost to Fulham and Crystal Palace and drawn with Southampton, Leicester and West Ham in recent matches. “We try to work hard to satisfy our supporters, we try to give them what they deserve, we try to make them proud. “But the Premier League is tough. We know there will be (tough) periods we have to go through, especially with this young squad. “We try to stick together, find the positive and keep on going.” Brentford, who remain without a top-flight away win this term, had an early Yoane Wissa finish ruled out for offside following VAR intervention but barely threatened, despite an improved second-half showing. Frank, who is awaiting news on Flekken and defender Ben Mee, who also left the field injured, said: “I thought it was a fair point. “Brighton were better in the first half, no big, clearcut chances, and I thought we were better second half. “Overall, I’m happy with the performance, especially the way we defended. “We haven’t had too many clean sheets this season, so in that context I thought it was very impressive against a good Brighton team. “We know we have a lot of players out – we get two more injuries during the game. “The way the players showed their mentality and character and dug in was hugely impressive.”
By Maya Gebeily and Timour Azhari DAMASCUS (Reuters) -Syria rebel fighters raced into Damascus unopposed on Sunday, overthrowing President Bashar al-Assad and ending more than five decades of his family's iron-fisted rule after a lightning advance that reversed the course of a 13-year civil war. In one of the most consequential turning points in the Middle East for generations, the fall of Assad's government wiped out a bastion from which Iran and Russia exercised influence across the Arab world. His sudden overthrow at the hands of a Turkish-backed revolt with roots in jihadist Sunni Islam limits Iran's ability to spread weapons to its allies and could cost Russia its Mediterranean naval base. It also paves the way for millions of refugees scattered for more than a decade in camps across Turkey, Lebanon and Jordan to finally return home. For Syrians, it brought a sudden unexpected end to a war that had been in deep freeze for years, with hundreds of thousands already dead, cities pounded to dust, an economy hollowed out by global sanctions and no resolution in site. "How many people were displaced across the world? How many people lived in tents? How many drowned in the seas?" the top rebel commander Abu Mohammed al-Golani told a huge crowd at the medieval Ummayad Mosque in central Damascus. "A new history, my brothers, is being written in the entire region after this great victory," he said. It would take hard work to build a new Syria which he said would be "a beacon for the Islamic nation". Assad's government - known for generations as heading one of the harshest police states in the entire Middle East with hundreds of thousands of political prisoners in its gulag - melted away overnight. Bewildered and elated inmates poured out of jails after rebels blasted away the locks on their cells. Reunited families wept and wailed in joy. Newly freed prisoners were filmed at dawn running through the Damascus streets holding up the fingers of both hands to show how many years they had been in prison. "We toppled the regime!" a voice shouted and a prisoner yelled and skipped with delight. The rebels said they had entered the capital with no sign of army deployments. Thousands of people in cars and on foot congregated at a main square in Damascus waving and chanting "Freedom". People were seen walking inside the Al-Rawda Presidential Palace, with some leaving carrying furniture from inside. A motorcycle was parked on the intricately-laid parquet floor of a gilded hall. 'THE FUTURE IS OURS' Golani whose group was once Syria's branch of al Qaeda but has since softened its image to reassure members of minority sects and foreign countries, said there was no room for turning back. "The future is ours," he said in a statement read on state TV. The Syrian rebel coalition said it was working to complete the transfer of power to a transitional governing body with executive powers. "The great Syrian revolution has moved from the stage of struggle to overthrow the Assad regime to the struggle to build a Syria together that befits the sacrifices of its people," it added in a statement. Mohammad Ghazi al-Jalali, prime minister under Assad, called for free elections and said he had been in contact with Golani to discuss the transitional period. The pace of events stunned Arab capitals and raised concerns about a new wave of instability in a region already in turmoil following the spread of conflict after the Hamas-led attack on Israel on Oct. 7, 2023, and the ensuing Gaza war. Jubilant supporters of the revolt stormed Syrian embassies in a number of cities around the world, lowering red, white and black Assad-era flags and replacing them with the green, white and black flag flown throughout the war by his opponents. Israeli Prime Minister Benjamin Netanyahu said Assad's fall was a direct result of blows Israel had dealt to Iran and its Lebanese ally Hezbollah, once the lynchpin of Assad's security forces but pounded by Israel over the last two months. French President Emmanuel Macron said "the barbaric state has fallen" and paid tribute to the Syrian people. DAUNTING TASK AHEAD When the celebrations fade, Syria's new leaders will face the daunting task of trying to deliver stability to a diverse country with competing factions that will need billions of dollars in aid and investments to rebuild. During Syria's long civil war, which erupted in 2011 as an uprising against Assad's rule, his forces and their Russian allies bombed cities to rubble. Hundreds of thousands of people died. The refugee crises across the Middle East was one of the biggest of modern times and caused a political reckoning in Europe when a million people arrived in 2015. In recent years Turkey had backed the rebels in a small redoubt in the north and along its border. The United States, which still has 900 soldiers on the ground, backed a Kurdish-led alliance that fought Islamic State jihadists from 2014-2017. President Joe Biden's administration was monitoring developments but has not adjusted the positioning of the U.S. troops, officials told Reuters. The biggest strategic losers were Russia and Iran, which had intervened in the war's early years to rescue Assad when his regime appeared in danger, helping him recapture most territory and all major cities. The front lines were frozen four years ago under a deal Russia and Iran reached with Turkey. But Moscow's distration by war in Ukraine and the blows to Iran's allies following the war in Gaza - particularly the decimation of Hezbollah by Israel over the past two months - left Assad with scant support at the end. Even after Assad had fled, Israel continued to strike targets associated with his government and its Iranian-backed allies, including one in Damascus where Israel had previously accused Iran of developing missiles. Netanyahu said the toppling of Assad could make it easier for Israel to reach a ceasefire deal to free hostages in Gaza. On Sunday rebels stormed Iran's embassy, Iran's English-language Press TV reported. Iran's foreign ministry said Syria's fate was the sole responsibility of the Syrian people and should be pursued without foreign imposition or destructive intervention. Hezbollah withdrew all its remaining forces from Syria on Saturday, two Lebanese security sources said. Assad's personal whereabouts were not made public. Two senior army officers said he had flown out of Damascus for an unknown destination earlier on Sunday. Russia said he had left Syria but did not say where he had gone, or whether Moscow itself had offered him shelter. (Reporting by Maya Gebeily, Timour Azhari and Suleiman al-Khalidi in Damascus, Tom Perry and Laila Bassam in Beirut, Jaidaa Taha and Adam Makary in Cairo, Clauda Tanios, Nadine Awadallah and Tala Ramadan in Dubai; Phil Stewart, Idrees Ali, Trevor Hunnicutt in Washington, Alex Cornwell in Manama, Dominique Vidalon in Paris and Phil Stewart in WashingtonWriting by Angus McDowall, Matt Spetalnick, Michael Perry, Michael Georgy, Peter GraffEditing by Philippa Fletcher, Frances Kerry and Andrew Cawthorne)
WASHINGTON — Treasury Secretary Janet Yellen said her agency will need to start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling , as early as January 14, in a letter sent to congressional leaders Friday afternoon. "Treasury expects to hit the statutory debt ceiling between January 14 and January 23," she wrote in a letter addressed to House and Senate leadership, at which point extraordinary measures would be used to prevent the government from breaching the nation's debt ceiling — which was suspended until Jan. 1, 2025. The department in the past deployed what are known as “extraordinary measures” or accounting maneuvers to keep the government operating. Once those measures run out, the government risks defaulting on its debt unless lawmakers and the president agree to lift the limit on the U.S. government’s ability to borrow. "I respectfully urge Congress to act to protect the full faith and credit of the United States," Yellen said. FILE - U.S. Treasury Secretary Janet Yellen speaks during a visit to the Financial Crimes Enforcement Network (FinCEN) in Vienna, Va., on Jan. 8, 2024. (AP Photo/Susan Walsh, File) The news came after Democratic President Joe Biden signed a bill into law last week that averted a government shutdown but did not include Republican President-elect Donald Trump’s core debt demand to raise or suspend the nation’s debt limit. Congress approved the bill only after a fierce internal debate among Republicans over how to handle Trump's demand. “Anything else is a betrayal of our country,” Trump said in a statement. After a protracted debate in the summer of 2023 over how to fund the government, policymakers crafted the Fiscal Responsibility Act, which included suspending the nation's $31.4 trillion borrowing authority until Jan. 1, 2025. Notably however, Yellen said, on Jan. 2 the debt is projected to temporarily decrease due to a scheduled redemption of nonmarketable securities held by a federal trust fund associated with Medicare payments. As a result, “Treasury does not expect that it will be necessary to start taking extraordinary measures on January 2 to prevent the United States from defaulting on its obligations," she said. The federal debt stands at about $36 trillion — after ballooning across both Republican and Democratic administrations. The spike in inflation after the COVID-19 pandemic pushed up government borrowing costs such that debt service next year will exceed spending on national security. Republicans, who will have full control of the White House, House and Senate in the new year, have big plans to extend Trump's 2017 tax cuts and other priorities but are debating over how to pay for them. Many consumers may remember receiving their first credit card, either years ago in a plain envelope, or months ago from a smartphone app. Still other consumers may remember their newest card, maybe because it's the credit card they're now using exclusively to maximize cash back rewards or airline miles. But for most consumers, there's also a murky in-between where they add, drop and generally accumulate credit cards over time. Over the years, consumers may close some credit card accounts or leave some of their credit cards dormant as a backup form of payment, or perhaps left forgotten in a desk drawer. In the data below, Experian reveals the changes in consumers wallets in recent years. U.S. consumers, on average, carry fewer cards today than they did in 2017, when the typical wallet held 4.2 active credit cards. As of the third quarter (Q3) of 2023, consumers carried 3.9 cards on average. This average is up slightly since the early days of the pandemic, when consumers reduced their average credit card debt and number of accounts as the economy slowed. As Experian revealed earlier this year, credit card balances are still climbing, despite (and partially because of) higher interest rates. And while average balances are increasing, they are spread across fewer accounts than in recent years. Alternative financing—including buy now, pay later plans for purchases—may account for at least some of this discrepancy, as consumers gravitate toward these newer financing methods. In general, residents of higher-population states tend to carry more credit cards than those who live in states with fewer and smaller population centers. Nonetheless, the difference between the states is relatively small. Considering that the national average is around four credit cards per consumer, the four states with the fewest cards per consumer (Alaska, South Dakota, Vermont and Wyoming) aren't appreciably different, with "only" about 3.3 credit cards per consumer. Similarly, the four states on the higher end of the scale where consumers have 4.2 or more credit cards are Connecticut, Delaware, Florida, New Jersey and Rhode Island. The disparity in average credit card counts is more apparent when the population is segmented by age, thanks in part to Generation Z, many of whom have yet to receive their first credit card. The average number of credit cards for these consumers was two, less than half of what older generations keep on hand. Stay up-to-date on the latest in local and national government and political topics with our newsletter.None3 Dividend Stocks to Double Up on Right NowAP Sports SummaryBrief at 6:30 p.m. EST
( MENAFN - ACN NewsWire) Summit Group Responds to White Paper Citing Governance Issues in Bangladesh's Power and energy Sector Dhaka, Bangladesh, Dec 23, 2024 - (ACN Newswire) - Summit Group, Bangladesh's largest private sector power generation company, has issued clarifications in response to a recent draft of a government White Paper, and said it welcomes transparency and remains committed to the highest levels of corporate governance and corporate social responsibility (“CSR”) in the country. Bangladesh media have reported widely on a draft of the 'White Paper on the State of the Bangladesh Economy' released in recent weeks by the interim government led by the Honourable Chief Adviser Dr. Muhammad Yunus. The document said Bangladesh's power and energy sector faced challenges such as excess capacity, dependence on imports of gas and under-development of domestic natural gas resources. Summit Power International Limited (“SPIL”), the Singapore-registered parent of Summit Corporation Limited (“SCL”) – the leading foreign direct investor in Bangladesh's power sector – has responded to statements in White Paper which referred to SCL's assets or subsidiaries. 1) The draft White Paper referred to Summit Group as being one of the“selected large conglomerates” which enjoyed“exemptions on project income” and“exemption on income arising from power generation”. SPIL said these exemptions cited were part of a broader policy initiative that applied to the entire power and energy sector in the country.“The policy, i.e. Private Sector Power Generation Policy framed in 1996, designed to attract investment and meet Bangladesh's critical energy needs, encompassed approximately 104 projects. These exemptions were not exclusive to Summit Group but were reflective of a sector-wide strategy to enhance Bangladesh's energy capacity to ensure sustainable development,” SPIL said. 2) The“Other Common Malpractice” section in the White Paper alleged that contract conditions were changed after it was awarded, and singled out the Summit Meghnaghat 335 dual fuel power plant for switching from heavy fuel oil (“HFO”) to high-speed diesel (“HSD”) without changing capacity payment or heat rate as an example. The Bangladesh Petroleum Corporation, the supplier of energy oil, was unable to provide the specified oil under the original agreement and instead reached an understanding with the Bangladesh Power Development Board to supply alternative oil, SPIL said. “In order to maintain operations and fulfil its commitments, Summit Meghnaghat was obliged to accept this change but remains prepared to accept oil in accordance with the original tender conditions,” SPIL said. Through SCL, the Summit Group operates 18 power plants with a combined generation capacity of 2,255MW or approximately 17% of the total installed private power generation capacity in the country of 173 million people. 3) The White Paper listed Summit Power Limited among 83 companies listed on the Dhaka Stock Exchange that had been“unfairly excluded” from certain regulatory activities, and said market rigging was endemic in the domestic equity market. “Summit Power Limited has always conducted its affairs with the highest levels of corporate governance. Its Board of Directors comprises eminent and well-respected corporate figures. At no time has the company ever engaged in market rigging,” SPIL said. 4) Regarding Bangladesh's second Floating Storage and Regasification Unit (“FSRU”), which Summit Group operates, the White Paper alleged public funds were misused because Summit supplied LNG at a premium while natural gas reserves were available with the Bangladesh Oil, Gas and Mineral Corporation (“Petrobangla”). SPIL said that Summit's FSRU was not responsible for the supply of gas and, accordingly, has not imported or supplied any gas to date. The long-term supply contract signed between Summit Oil and Shipping Company Limited and Petrobangla was at the lowest price of all contracts awarded at the time, including for OQ Trading and Excelerate Energy (“Excelerate”). In any event, Summit has not yet imported any gas under the long-term supply contract. Further, Summit's FSRU did not receive any special exemptions, and its daily tariff/charter rate is lower than that of the Moheshkhali Floating LNG owned by Excelerate, the only other FSRU in Bangladesh. The incentives referenced were part of an industry-wide framework that applies to both Excelerate and Summit's FSRU projects. “As a responsible corporation with a track record of providing energy and power to Bangladesh, Summit Group has always respected and adhered to the laws of both Bangladesh, where SCL operates, as well as Singapore, where SPIL is domiciled,” SPIL said.“We are dedicated to contributing meaningfully to Bangladesh's growth and prosperity. Our operations in Bangladesh have consistently adhered to all regulations, and we take pride in upholding the highest standards of integrity and governance,” SPIL said. “Being a dependable partner in nation building, we remain open to dialogue with all stakeholders,” it added.“We invite committee members preparing the White Paper to engage and seek clarification where needed. As a substantial foreign direct investor, the Summit Group has always conducted its affairs in a transparent manner while striving to support the long-term development of Bangladesh,” it added. About Summit Power International Limited (“SPIL”) SPIL is the largest Independent Power Producer (IPP) in Bangladesh, reflecting 17% of the country's total private installed capacity and 7% of the country's total installed capacity. Summit owns and operates a total of 18 power plants with a combined generation capacity of 2,255MW. It also operates Bangladesh's second Floating Storage and Regasification Unit (FSRU) and LNG import terminal with daily regasification capacity of 500 million cubic feet. SPIL is a privately-held Singapore-registered company that is 78%-owned by the family of Mr Muhammed Aziz Khan. In 2016 SPIL acquired Bangladesh-registered Summit Corporation Ltd (SCL) in a transaction that was financed primarily by International Finance Corporation, the World Bank's private sector arm. SCL holds various infrastructure assets in Bangladesh. In 2019, JERA Co., Inc., Japan's largest power generation company, acquired a 22%-stake in SPIL and remains its second largest shareholder to date. Learn more at: Media Contact WeR1 Consultants Pte Ltd WhatsApp (Text): (+65) 9748 0688 Email: ... MENAFN22122024002725003249ID1109022261 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
A “Coalition to Save Culpeper” is mobilizing to scrutinize and hopefully curtail data center growth in the town and county. The new nonprofit formed to “protect the rural, historic character of Culpeper for the citizens of today and generations to come,” according to saveculpeper.com . Spokeswoman Charlotte Cole, a town resident and 50-year PR expert, said the group’s focus is the data center greenlighted for location next to Culpeper National Cemetery on East Chandler Street. She said in a recent phone call “my heart bleeds” at the prospect. “My husband is in section 11 at the national cemetery and that bank of obnoxious polluting behemoths will be overlooking him and me, eventually, and I am not at all happy about that,” Cole said. “I don’t want to be there—there will be no peace when people come to visit.” People are also reading... It’s not just them either, she added. “Everyone else who is there will have to listen to that obnoxious noise and there are eight more (data centers) next door,” Cole said of various projects approved by local officials in the past few years in the Culpeper Technology Zone, or CTZ, in the McDevitt Drive area. Various rezonings have been approved in the area and millions of dollars in real estate transactions have occurred. “It’s an abomination for the town and all of it seemingly done under the cloak of darkness,” Cole said. A member of the Culpeper Economic Development Advisory Commission from 2017-19, Cole said there was never any talk during those years of a data center in that area. The approved project, Copper Ridge, sits on a site formerly rezoned by town council in the early 2000s for a so-named 55-and-older housing development, on a hill which once sat historic Eastern View. The Coalition to Save Culpeper wants to know how the use was changed to industrial, Cole said. At a planning commission meeting in August 2023, Stephen Plescow, president of St. Mawes real estate developers in Culpeper, sought the rezoning. He said the Copper Ridge data center project would have a substation located as close as 450-feet away from the cemetery boundary. Plescow said at the time it was their top priority to buffer and appropriately screen their hallowed neighbor. The planning commission split on their approval of the project , recommending to town council to not rezone the land for the data center, finding it was out of character with the neighborhood and out of compliance with the comprehensive plan. Town council ultimately approved the project and a substation on the property this past summer. Residents living near the cemetery objected to the rezoning due to the amount of noise purported to be emitted by data centers. Councilwoman Jamie Clancey in July questioned this concern due to the fact that the area had previously been zoned for residential development. Cole said the data centers also threaten the town’s water supply. “My dad was president of Hayes, Seay, Mattern and Mattern. His area of responsibility was northern Virginia to Charlottesville, we lived in Roanoke, and we grew up with it—conserve water, take care of water,” she said. “These concerned citizens decided we needed to somehow coalesce, been doing that for the last several months now, it’s time for more folks in our sweet town and county to understand what’s at stake here.” Cole lives on Blue Ridge Avenue west of Main Street. She believes she will hear the noise from the data centers next to the cemetery on the east side of Main. She said their group has been working with partner Sarah Parmelee from Piedmont Environmental Council to champion the effort. Cole said she has worked with public officials for 50 years, and that Culpeper town officials have shocked her with their lack of interest in public engagement on the issue. Coalition to Save Culpeper has no elected hierarchy, Cole said, and its membership is comprised of everyone from young families to folks that have been in historic homes for quite a long time. “We believe there is still the remote possibility we can change, through public opinion, the decision to build six data centers overlooking the National Cemetery,” she said. “It’s citizens concerned—no one knows this is going on except a few and we need to help illuminate these decisions, at least allow the public to come in and have their say.” From a PR perspective, it’s going to take a whole lot of pitchforks and torches and shaming of the developers to bring it to a halt, Cole added. “That’s what we’re trying to get to the bottom of—how these deals were done to make this black magic happen so quickly,” she said. “We want people to understand this is of concern from an environmental perspective, future of Culpeper and quality of life perspective. You can’t have 14 data centers humming over your town and casting that shrill noise for as far as three to five miles and sucking up your water without an impact on your commercial core. I don’t care how much money somebody wants to give me, that quality of life will suck.” According to PEC, Copper Ridge will be located within 1,000 feet of Mountain Brook Estates neighborhood and several homes on East Chandler Street. “Depending on the type of cooling equipment used, homes near data centers can be subject to a constant buzz or humming noise from rooftop cooling equipment and substations,” PEC states. “Data Center Alley is coming to Culpeper,” says saveculpeper.com . “Lured by the siren song of tax revenue, Culpeper’s elected officials have approved over 12 million square feet of new data center campuses, an area roughly the equivalent of 64 Walmart Supercenters. These massive facilities will be built next to our homes, our historic district, and even our National Cemetery, the final resting place of over 7,500 American Service Members, permanently industrializing our rural community.” Group publicity stated while they cannot undo many projects already approved, they can work for greater government transparency as well as a moratorium on any more data centers. Coalition to Save Culpeper wants use-specific zoning for data centers, noise protections and a say in how the local power grid is used. For information, contact saveculpeper@gmail.com and on Facebook. Get Government & Politics updates in your inbox!Police in Louisiana apprehended a suspect who led them on a chase on a tractor. Credit: Orian Davis via Storyful Police in Louisiana apprehended a suspect who led them on a chase on a tractor. Police said the tractor had been reported stolen earlier that morning. A witness stopped at an intersection recorded video of the tractor chase coming to an end. A police chase in Louisiana this week ended with officers arresting a suspect who was fleeing on a tractor. Police in the parish of Vermilion got a call around 9 a.m. Nov. 19 about a tractor that had been stolen. Authorities located the tractor and attempted a traffic stop, but said the driver wouldn’t pull over for quite some time. A witness stopped at an intersection filmed video of the chase coming to an end. "They’re goin’ on a high-speed chase in a tractor," a man and a woman can be heard saying off camera. "How far you getting with that?" the woman wondered. Police say the suspect drove through three small towns before he stopped and was arrested. At one point, police said the suspect tried to run one of the officers off the road. Police didn’t specify how fast the suspect drove. RELATED: Florida man arrested for alleged bomb plot targeting New York Stock Exchange The Vermilion Parish Sheriff's Office said Mark Ardoin has been booked at Vermilion Parish Correctional Center. Image: Vermilion Parish Sheriff's Office The suspect eventually slowed down and came to a stop, stepping down from the tractor where he was arrested and taken into custody. Police say the 47-year-old has been charged with felony theft of a motor vehicle and aggravated flight from an officer. The Source: Information for this story was taken from a Vermilion Parish Sheriff’s Office press release, posted to social media on Nov. 19. The video was taken from Storyful, a news video licensing agency. This story was reported from Detroit.
3 Stocks That Turned $1,000 Into $1 Million (or More)
Janet Yellen tells Congress US could hit debt limit in mid-JanuaryMen’s basketball: CU Buffs sharing the wealth on offense