
Indian Register of Shipping (IRS) and Cochin Shipyard Ltd (CSL) have entered into an umbrella agreement aimed at developing indigenous technologies and enhancing the capabilities of both organizations. As part of this initiative, IRS and CSL have signed a separate cooperation agreement for the development and certification of an autonomous vessel named ‘SWAYAT,’ which is being constructed at CSL as a fully indigenous pilot project. Key technology partners include KPIT and other Indian manufacturers specializing in autonomous systems and components. The vessel will be verified in accordance with IRS Guidelines on Autonomous and Remotely Operated Vessels, ensuring compliance with the highest standards. In addition, the cyber security aspects will be addressed as per the IRS Guidelines on Maritime Cyber Safety. The project also includes the certification of an indigenously developed navigation and communication suite, which will be verified by IRS. Collaboration with leading academic and research institutions will play a key role in design and simulation studies for the vessel. Mr. T K Sahu, Joint MD of IRS stated, “It is a matter of great pride for IRS to be part of this prestigious project with CSL and their industry partners. This initiative demonstrates India’s indigenous capabilities in advanced technologies and aligns with the Government of India’s ‘Atmanirbhar Bharat’ mission. We believe the experience gained through this pilot project will further strengthen our processes for certifying vessels with advanced autonomy.” Source: Indian Register of Shipping (IRS)
Authored by David Reaboi via Late Republic Nonsense , Perhaps the only disappointment for those of us elated with the outcome of this month’s presidential election was the muted, downcast response from the Left at Donald Trump’s massive victory. We’d expected angry riots from purple-haired Antifa goons ; emotive demonstrations of impotent and self-righteous defiance by Handmaid’s Tale cosplayers; and, maybe best of all, delicious cable news highlight reels reminiscent of Hillary Clinton’s surprise defeat in 2016. The quiet sobbing we got instead came as somewhat of a surprise. For the Left, it all seemed to end, as it did at Kamala Harris’s victory party at Howard University, with a whimper. There was no defiant or fiery speech that night; in fact, the candidate wasn’t seen at all, unwilling to face even the dedicated supporters who had worked hardest for her candidacy. Over the next few days, while there was some hissing and a few entertaining misfiring synapses at MSNBC and CNN — including some angry denunciations of elements of the Democrat coalition — the emotion seemed forced and perfunctory. For many, though, the downbeat response to Trump’s victory seemed out of place, given the feverish severity of how Democrats had articulated the stakes of this election. In her final month, Harris’s campaign dispensed with messaging on any issues, leaning hard into explicit comparisons of Trump with Adolf Hitler, and of MAGA politics with fascism and Nazism, evoking the specter of American death camps in the event of the ex-president’s victory. Using a strategically-timed news-hook from former Trump Chief of Staff John Kelly, Harris stared gravely into the camera outside her residence at the U.S. Naval Observatory, warning that her opponent was no longer simply a “ threat to democracy” but, as a Hitlerian-Nazi-Fascist, was openly dedicated to its destruction. The setting, too, was significant: rather than simply reaching down into the rhetorical gutter at a campaign stop, she was using the trappings of her role as vice president to make an official pronouncement on a rival domestic political leader, using language usually reserved for foreign enemies with whom we are at war. The bloody result of a Trump victory, Harris and her media surrogates assured us, was certain. While some in the press had never been shy of slandering Donald Trump as a “fascist,” the message coming from the candidate herself marked a serious escalation. After all, when faced with an enemy that would extinguish all freedom in America and usher in a holocaust, procedural resistance in courtrooms or acts of civil disobedience are plainly inadequate. With the evil of a Hitler, there is no negotiation, comity, civility, or ordinary politics; only violent resistance is commensurate with the threat. Some on the Left received the message clearly, as intended. Even before Harris herself began referring to him as a “fascist,” Trump had already been the attempted victim of two failed assassinations . Immediately following the first shooter’s very near miss, the New Republic all but endorsed this violent, final solution to the Trumpian problem , revealing a menacing, monochrome drawing of the former president on its cover complete with Hitler mustache. And below the image — subtle, in the color of dried blood — was the headline, “American Fascism: What It Would Look Like” in faux-Germanic typeface. Scandalously, law enforcement disappeared any information about the would-be assassins’ motives, saving the Democrats having to address the fact that their manifestos dovetailed too closely with the party’s messaging. All this gathered momentum and intensity in the press until, on the evening of November 5, “our sacred democracy” simply ended. Donald Trump won the electoral college and the popular vote by wide margins, and his party was in control of every branch of the Federal government. The people had spoken with a clear and resounding voice. If you’d been following the speeches of Vice President Harris, you’d assume that what they wanted was Nazi Germany. When the defeated Democrat finally emerged in public early the next evening, however, her tone had shifted. “Earlier today,” she told the crowd, “I spoke with President-elect Trump and congratulated him on his victory. I also told him that we will help him and his team with their transition...” Would she congratulate Hitler for his victory? Would she help Hitler’s team during their transition? The Democrats had gone to the very edge of American discourse — beyond which is the disintegration of normal political life — and then, when they’d been repudiated by the voters, meekly pulled back. By stubbornly denying us our riots and hoped-for schadenfreude , the Left had us confused . We on the Right weren’t the only ones expecting immediate rage from Antifa and aligned groups in the event of a Republican victory; after all, half of downtown Washington, D.C., was boarded up in anticipation of election night. Why did nothing happen? The surface explanation, of course, is that the Democrats didn’t really believe any of it ; all that rhetorical venom was merely cynical election year politics at the final crunch of a close election. That theory certainly has some merit, based on the warm, smiling welcome with which Joe Biden received the victorious former president at the White House. And, while corrosive to social cohesion, the gambit made strategic sense: as Trump was gaining momentum in the final weeks, Democrats began to grow despondent. Harris’s campaign needed to raise the temperature to make sure her most committed voters got to the polls. Even if the leadership of the Democratic Party and its surrogates in the media were simply generating outrage, millions of Americans in their audiences now believe, with conviction, that the long night of fascism has finally descended on America. The rhetoric naturally calls to mind Antifa, the bands of militant “Antifascists” who inflicted so much disorder on the country during the first Trump administration. For many on the Right, the trauma of the Black Lives Matter riots on the heels of Covid in 2020 — followed by Trump being turned out of the White House the next January — has made us understandably jumpy about black-blocs and cities ablaze in destructive, ideological rage. Harris’s scurrilous rhetoric about Trump’s alleged fondness for Hitler, however, wasn’t aimed at bringing Antifa’s violent shock troops into the streets, but at radicalizing the far larger cohort of mainstream Democrats. (After all, Antifa believes both Biden and Harris qualify as “fascists” and, for good measure, “war criminals.”) But Antifa has always been more strategic than it is reactive, and it’s far more concerned with revolutionary politics than with the electoral variety. For many of the senior Antifa thinkers and organizers, the model of 1968 continues to resonate: even as the protests against the Vietnam War had been gaining strength for a half-decade, it wasn’t until the election of Richard Nixon that the Left’s mass-movement exploded. Presented with the foil of a “law-and-order” Republican hate-object, the intensity of the anti-war protest movement ballooned, leading to the radicalization of militant groups like the Weather Underground into outright terrorism. This was only achievable with the assistance of the media; unencumbered by the balancing act of having to defend a Democrat president, print and television journalists created a roar of grassroots anger that provided far-Left radicals with new recruits, funding, and energy. The parallels to Trump’s return to the White House are significant, and the opportunity for a replay of this dynamic has certainly not escaped Antifa’s strategic thinkers. It’s a common misconception that Left-wing violent protest is a spasm of powerlessness. While a David and Goliath narrative is useful in many overseas conflicts, in the United States, violent protest is most useful when it can be used as an expression of majority frustration against an easily identifiable (and beatable) tyrannical minority. Regardless of income bracket, Americans like to think of themselves as middle-clas s, have a bourgeois investment in the continuance of society, and resent violent revolutionaries and anarchists. Unlike in Europe, significant Left-wing violent riots in America don’t appear spontaneously in response to lost elections; they exist in the context of more sweeping political mobilizations that can plausibly be described by allied media as “largely peaceful.” As with Nixon and the anti-war movement, the media is the essential element in creating conditions for justifying the cause of unrest and ignoring or contextualizing violent excesses. In this way, Antifa is useful as a fearsome tip of the spear, then melting away into a grander social justice narrative that is, on its surface, familiar and sympathetic rather than threatening. As such, all successful modern Left-wing movements in this country are framed in the language of civil rights. The successes of the Left’s modern race-oriented protest movements — Trayvon Martin (2012), Michael Brown (2014), and George Floyd (2020) — illustrate that the Left learned valuable lessons about the kind of topical triggers that work, and those that fail. The coming mass mobilization in response to Trump’s promises on immigration and deportation will be an obvious inciting event, and law enforcement needs to be prepared, especially in blue states. In short , we didn’t see post-election violence or mass protests because the scale of Trump’s victory meant that such rioting would appear — at least temporarily — as the angry self-indulgence of a minority that had been legitimately beaten at the ballot box. But the riots will come soon enough, and Antifa will menace the streets once again. While it wouldn’t have served to activate them during or after the 2024 campaign, the Democrats’ rhetoric about fascism and Nazism is a boon to Antifa, which looks forward to being presented again (as it was memorably in 2020, storming the beach at Normandy) as “freedom fighters” in the media’s next just cause. Subscribe to Late Republic Nonsense here
Terasoft Technologies Signs Startup Incubator Agreement with ARAI AMTIF
Social Development Minister, UN Officials Discuss CooperationBombardier Defense has successfully delivered the first Global 6500 aircraft to the US Army, enhancing the service’s High Accuracy Detection and Exploitation System (HADES) program. With its advanced performance capabilities, the Global 6500 will significantly bolster the Army’s aerial deep-sensing capabilities, representing a crucial step forward in modernizing US military intelligence. The delivery event, which included US Senator Jerry Moran (R-KS), officials from the State of Kansas, and leaders from the US Army, marked the launch of the next phase for this innovative intelligence, surveillance, and reconnaissance (ISR) solution. This milestone sets the stage for integrating advanced systems within the program. US Army spy jet Fixed-wing platforms such as the Global 6500 aircraft are emerging as significant assets for aerial ISR missions. These aircraft are designed to fly faster, longer, and at higher altitudes than traditional airborne sensor platforms, potentially enhancing mission effectiveness. The Global 6500 offers key features for military operations, including improved reliability and extended operational reach. It boasts a maximum endurance of up to 18 hours and can operate for up to 750 flight hours between maintenance checks. The aircraft is part of the Global family, noted for its high dispatch reliability rate of 99.83%. This makes it a formidable option for tasks requiring deep sensing capabilities. The Global 6500 also introduces several technological advancements. It features the industry’s first-ever 4K-enabled cabin, advanced in-flight connectivity, and a user-friendly cabin management system. This combination aims to provide a high-definition entertainment experience during flights. Regarding cockpit technology, the Global 6500 is recognized for its innovative combined vision system, which uniquely integrates enhanced and synthetic vision in a single interface. This system reduces crew workload while enhancing situational awareness, particularly in challenging weather conditions. 7,600-mile range The Global 6500 aircraft features a cabin management system with a fiber optic backbone for enhanced speed and reliability. Its user-friendly design allows for easy connectivity to various devices, ensuring that passengers remain productive and connected during their flights. The centralized media bay also provides ample storage space for personal electronic devices. The Global 6500, equipped with Bombardier’s Ka-band technology, offers what is reported to be the fastest internet connectivity in aviation, operating up to 35 times faster than conventional systems that rely on older satellite technologies. With a range of 6,600 nautical miles (7,600 miles), the Global 6500 can nonstop connect major cities like Hong Kong with London or Toluca with Madrid, enhancing travel efficiency. The aircraft is powered by the new Rolls-Royce Pearl engine, designed specifically for the Global 6500. This engine enables it to reach top speeds of M 0.90. “Bombardier Defense is honored to support the US Army with the delivery of the first Global 6500 aircraft, a high-performance platform that possesses the speed, endurance-at-range and altitude capabilities to support deep-sensing for the Army of tomorrow,” Steve Patrick, Vice President of Bombardier Defense, said. “This best-in-class jet is the future-proofed solution to provide the U.S. Army with the capabilities needed to face current and future threats.” “We are proud of the partnership with Bombardier Defense and the mission-focused professionals in the State of Kansas. We remain excited about the opportunities we can unlock by pairing the performance, versatility, and reliability of the Global 6500 with modern payloads aligned to priority intelligence requirements,” Andrew Evans, Director of HQDA G-2 ISR Task Force, said . “HADES is the centerpiece of the Army’s collection strategy, and the Global 6500 is the system that brings that strategy to life. This aircraft gives us the range, payload capacity, speed and endurance to deliver timely, relevant and responsive capabilities for the full spectrum of Army and Joint collection requirements.”
Williams-Sonoma ( NYSE:WSM – Get Free Report ) had its price target hoisted by equities research analysts at Wells Fargo & Company from $140.00 to $165.00 in a report released on Thursday, Benzinga reports. The firm currently has an “equal weight” rating on the specialty retailer’s stock. Wells Fargo & Company ‘s price target points to a potential downside of 4.00% from the company’s current price. Other equities research analysts have also issued reports about the company. Evercore ISI raised their price objective on Williams-Sonoma from $140.00 to $180.00 and gave the stock an “in-line” rating in a research note on Thursday. Jefferies Financial Group raised shares of Williams-Sonoma from a “hold” rating to a “buy” rating and lifted their target price for the stock from $148.00 to $156.00 in a research report on Wednesday, September 11th. Royal Bank of Canada upped their price target on shares of Williams-Sonoma from $162.00 to $189.00 and gave the company an “outperform” rating in a research report on Thursday. Telsey Advisory Group lifted their price objective on shares of Williams-Sonoma from $165.00 to $190.00 and gave the stock an “outperform” rating in a research report on Thursday. Finally, JPMorgan Chase & Co. lifted their price target on Williams-Sonoma from $136.00 to $145.00 and gave the company a “neutral” rating in a report on Tuesday. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $154.41. Read Our Latest Analysis on Williams-Sonoma Williams-Sonoma Price Performance Williams-Sonoma ( NYSE:WSM – Get Free Report ) last issued its quarterly earnings results on Thursday, August 22nd. The specialty retailer reported $1.74 EPS for the quarter, topping the consensus estimate of $1.61 by $0.13. The firm had revenue of $1.79 billion for the quarter, compared to analysts’ expectations of $1.81 billion. Williams-Sonoma had a net margin of 14.29% and a return on equity of 51.57%. Williams-Sonoma’s revenue for the quarter was down 4.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.56 earnings per share. On average, analysts forecast that Williams-Sonoma will post 7.95 earnings per share for the current fiscal year. Insider Activity at Williams-Sonoma In related news, EVP Karalyn Smith sold 11,100 shares of the business’s stock in a transaction that occurred on Wednesday, August 28th. The stock was sold at an average price of $134.66, for a total value of $1,494,726.00. Following the completion of the sale, the executive vice president now directly owns 15,150 shares in the company, valued at approximately $2,040,099. The trade was a 42.29 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link . Also, CEO Laura Alber sold 40,000 shares of the stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $145.27, for a total value of $5,810,800.00. Following the transaction, the chief executive officer now owns 1,030,956 shares in the company, valued at approximately $149,766,978.12. This trade represents a 3.73 % decrease in their position. The disclosure for this sale can be found here . In the last 90 days, insiders sold 91,100 shares of company stock valued at $12,525,126. Insiders own 1.50% of the company’s stock. Institutional Trading of Williams-Sonoma Several large investors have recently modified their holdings of the company. FMR LLC lifted its position in Williams-Sonoma by 72.7% during the 3rd quarter. FMR LLC now owns 8,781,201 shares of the specialty retailer’s stock worth $1,360,384,000 after acquiring an additional 3,695,837 shares during the last quarter. State Street Corp increased its stake in shares of Williams-Sonoma by 108.8% in the third quarter. State Street Corp now owns 5,329,125 shares of the specialty retailer’s stock worth $825,588,000 after purchasing an additional 2,777,339 shares during the period. Geode Capital Management LLC lifted its position in shares of Williams-Sonoma by 107.5% during the 3rd quarter. Geode Capital Management LLC now owns 2,689,451 shares of the specialty retailer’s stock worth $418,223,000 after purchasing an additional 1,393,436 shares during the last quarter. Pacer Advisors Inc. boosted its stake in Williams-Sonoma by 118.7% during the 3rd quarter. Pacer Advisors Inc. now owns 2,110,320 shares of the specialty retailer’s stock valued at $326,931,000 after purchasing an additional 1,145,410 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Williams-Sonoma by 104.8% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,105,336 shares of the specialty retailer’s stock valued at $171,239,000 after buying an additional 565,745 shares during the last quarter. 99.29% of the stock is owned by institutional investors. About Williams-Sonoma ( Get Free Report ) Williams-Sonoma, Inc operates as an omni-channel specialty retailer of various products for home. It offers cooking, dining, and entertaining products, such as cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture, and a library of cookbooks under the Williams Sonoma Home brand, as well as home furnishings and decorative accessories under the Williams Sonoma lifestyle brand; and furniture, bedding, lighting, rugs, table essentials, and decorative accessories under the Pottery Barn brand. See Also Receive News & Ratings for Williams-Sonoma Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams-Sonoma and related companies with MarketBeat.com's FREE daily email newsletter .
Australia's House of Representatives passes bill banning children younger than age 16 from social mediaNone
Ting (seventh right), Lau (10th right), Izkandar (fourth left) and others cut the ribbon to mark the opening of the new facility. — Photo by Peter Boon SIBU (Dec 3): The new Kampung Nangka Wawasan lorry parking lot at Jalan Tapang here should help in tackling problems of inadequate parking spaces and illegal parking, said Datuk Michael Tiang. The Deputy Minister of Public Health, Housing and Local Government commended Persatuan Pengangkutan Lori Wawasan Sibu for their hard work and dedication which culminated in the official opening of the new lorry parking facility yesterday. “This facility will greatly benefit local and outstation lorry operators by addressing the issue of inadequate parking spaces and helping to prevent illegal parking fines issued by the traffic police, JPJ (Road Transport Department), and CVLB (Sarawak Commercial Vehicle Licensing Board). “This parking facility is strategically positioned near the town centre. This makes it highly convenient for lorry drivers, and its fair and reasonable pricing structure – whether on a daily or monthly basis – adds to its appeal. “I encourage more lorry operators to consider utilising this facility for their parking needs,” said the Pelawan assemblyman. It is informed later that there are 22 parking spaces for lorries at the new facility. Tiang’s text-of-speech was read by Kapitan Lau Sei Kwong, who represented him at the event. Adding on, Tiang said as responsible operators, the driver must park their lorries at safe and designated locations, rather than at the residential areas or by the road. “Such practices not only pose safety risks, especially during night-time or rainy weather, but also reflect poorly on us for not adhering to regulations. We must take responsibility for any potential accidents caused by such negligence.” Meanwhile, Tourism, Arts and Culture Minister Datuk Seri Tiong King Sing noted that for years, many lorries have been parking at residential areas or commercial centres due to the lack of parking facilities dedicated to them. “This has not only caused inconvenience and danger but, in some cases, damage to public infrastructure due to the weight of these vehicles. “Reports on such issues are common, reflecting the pressing need in this area. The thoughtfully planned and constructed new parking facility by your association addresses this demand effectively. “Its strategic location and multi-functional design provide a valuable solution for the industry’s challenges,” said Tiong, whose speech was read by a political secretary to Premier, Joshua Ting at the event. Tiong, who is Bintulu MP and Dudong assemblyman, believed that this parking lot for lorries at Jalan Tapang would offer a safe and convenient space for lorry drivers and transport operators to rest and park. “Whether for daily or short-term rental, the facility caters to diverse needs, especially benefiting operators requiring flexible, non-long-term parking solutions.” Adding on, Tiong said the Sarawak government remained committed to improving transportation infrastructure and supporting the logistics industry. “I believe that with joint efforts from the government and the public, more similar projects will be implemented to provide better support and security for the industry.” Persatuan Pengangkutan Lori Wawasan Sibu secretary Kho Kwong Tai in his speech said the facility has 22 parking lots, and is able to accommodate compact and large lorries. He said lorry operators will be charged a fee of RM30 for large vehicles and RM20 for compact vehicles, per day. “For those who opt for a monthly charge, we encourage them to join as members, during which they will be charged according to the size of their vehicle,” he said. Sibu Municipal Council deputy chairman Mohammed Abdullah Izkandar Roseley represented chairman Clarence Ting at the event, which was also attended by Councillor Rory Wong.Helping to drown out the noise