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NoneUnidentified drones were spotted flying over three United States Air Force (USAF) bases in Britain. The occurrences happened from November 20 to November 22. The impacted aviation sites were RAF Feltwell in Norfolk and RAF Lakenheath and Mildenhall in Suffolk. The drones, which are referred to as "small unmanned aerial systems" (UASs), were seen over the sites as well as close to them. Although the sightings were confirmed by the USAF, it has not yet concluded if the drones were a hostile danger. Details of the Drone Incursions Drone kinds and numbers fluctuated during the occurrences. A US Air Forces official in Europe said the drones varied in size and configuration. “The UASs were actively monitored,” the spokesperson said, “and installation leaders determined that none of the incursions impacted base residents or critical infrastructure.” According to the Daily Mail, the sightings had no effect on the bases' regular activities. Authorities haven't revealed the drones' potential origins or how long they were in the region, though. Defensive Measures Remain Classified Whether defensive measures were used has not been addressed by the USAF. Officials stressed that they had the right to defend the bases, nevertheless. “To protect operational security, we do not discuss specific force protection measures,” the spokesperson added. “We continue to monitor our airspace and work with host-nation authorities and mission partners.” The Daily Mail brought attention to persistent worries over the possible susceptibility of vital military facilities. The inexplicable intrusions have sparked concerns about aviation security despite the guarantees. Collaboration With British Authorities Coordinating with local British officials was verified by the USAF. The goal of the study is to identify the operators and the purpose of the drones. Because they house troops and cutting-edge technology, RAF Lakenheath and RAF Mildenhall are essential to USAF operations. Whether the drones constituted a surveillance danger or any other type of operation has not been officially determined. Drone invasions at military installations are uncommon but are being closely examined because of security concerns, experts told The Guardian. Ongoing Monitoring and Safety Assurances The USAF promised that the bases were safe in spite of the events. The official statement said there was no impact on base assets or people. The invasions are being taken seriously by the authorities. As the investigations continue, further updates are anticipated. Get Latest News Live on Times Now along with Breaking News and Top Headlines from World and around the world.
Delaware judge reaffirms ruling that invalidated massive Tesla pay package for Elon Musk
(Bloomberg) — Some hedge fund managers are sounding the alarm on overvalued nuclear power stocks and scaling back exposure after a stunning rally this year. Sydney-based Tribeca Investment Partners and Segra Capital Management in Palm Beach, Florida, are among funds that have recently trimmed bets on nuclear technology developers and utilities. “The concern I have is some of this stuff has rallied hard,” said Guy Keller, a portfolio manager at Tribeca who oversees its long/short Nuclear Energy Opportunities Strategy. As a result, it makes sense to “bring my risk down.” Still, “I would never” build a short position “because you’re one data-center announcement away from blowing yourself up,” Keller said in an interview. Investing in nuclear power emerged as one of the hottest energy themes of the year. The rise of artificial intelligence and the huge data centers required to power it mean the future of nuclear is now firmly tied to the seemingly unstoppable rise of Big Tech. At the same time, more green-oriented investors have started to embrace nuclear as a necessary part of the low-carbon energy transition. Stocks swept up in the wave of enthusiasm include Constellation Energy Corp., which has almost doubled this year amid the revival of its shuttered Three Mile Island nuclear plant, and NuScale Power Corp., whose shares soared more than 800% until hitting a peak in late November. Lisa Audet, founder and chief investment officer of Greenwich, Connecticut-based Tall Trees Capital Management, said she remains “cautious” on small modular reactor developers like Oklo Inc. and NuScale, even after watching the share prices come down. Short interest as a percentage of shares outstanding currently stands at about 17% for Oklo and almost 15% for NuScale, according to IHS Markit data, compared with less than 1% for Constellation Energy. Small modular reactors are intended to be faster and cheaper to bring into service than large-scale plants, though the technology remains in development and the first commercial projects aren’t likely until the 2030s, according to the International Energy Agency. The rest of Wall Street is also turning more wary. A team of JPMorgan Chase & Co. analysts published a 63-page report in October warning of the risk of hype surrounding nuclear stocks, even coining a specific term for the moment: “NucleHype.” Led by Jean-Xavier Hecker, head of ESG and sustainability for EMEA equity research, the report highlighted “inherent challenges” in the sector, including uranium supply-chain constraints and the amount of time it takes to develop nuclear power. Some hedge fund managers are seeing opportunities in other parts of the value chain. A “fragile and fragmented” supply chain for uranium “should lead to positive price pressures for the commodity in 2025,” said Arthur Hyde, a portfolio manager at Segra Capital, which manages $600 million of assets mainly in the nuclear and uranium space. Uranium prices have fallen about a third from their February peak, paring gains for the basket of producers and project developers in the $3.4 billion Global X Uranium ETF to 1.4% this year from almost 38% in 2023. Some mining companies are now oversold, Hyde said. However, nuclear-tech valuations are still “relatively lofty” and “you’re going to need a lot of good news to support those valuations into the new year,” he said. That led Segra Capital to scale back its holdings of US utilities and technology companies in the fourth quarter, and add to its exposure of producers and developers in the US, Canada and Australia. Tribeca’s Keller said most of his fund is tilted toward uranium assets, based partly on a bet that Big Tech will eventually expand its investments into the supply chains needed to power nuclear plants. “It’s not going to be long before they realize that they need to secure the upstream supply as well,” he said. “And again, it’s just going to take one deal and then all of the others will pile in.” Segra Capital and Tribeca, which has more than A$200 million ($127 million) in the nuclear and uranium sector, are constructive about the incoming Donald Trump administration’s stance on nuclear. “I’m fairly confident that the Trump administration will be—and is—pro-nuclear,” Keller said. —With assistance from Will Wade and John Cheng.( MENAFN - Daily News Egypt) Egypt's petroleum Minister, Karim Badawi, attended the signing of two strategic agreements between ABB Egypt, a leader in energy and technology solutions, and key stakeholders in Egypt's industrial sector. These agreements aim to improve energy efficiency and promote sustainability within Egypt's industrial landscape. The first agreement was signed by Ahmed El-Sherbini, Vice President of ABB Egypt's Cluster for Energy Industries, and Abed Ezz El Regal, Chairman and Managing Director of Abu Qir Fertilizers and Chemicals Industries Company (AFC). The agreement focuses on the installation of an advanced automation control system at Abu Qir Ammonia Plant (1). This system is designed to optimize steam utilization, resulting in a reduction of natural gas consumption for steam boilers by 2% to 4% in the initial phase. The project will also enhance the plant's overall operational efficiency. El-Sherbini emphasized the importance of the project, stating,“At ABB, we are committed to providing advanced solutions that support efficiency and sustainability across various industrial sectors.” He added,“This project represents a crucial step in enhancing sustainability and maximizing energy resource use at Abu Qir Fertilizers.” Looking forward, the project includes plans to expand the automation control system to Abu Qir Plants (2) and (3). This expansion will further improve operational performance and generate additional energy savings. Such initiatives align with ABB's long-standing commitment to supporting Egypt's Vision 2030, ensuring sustainable growth and environmental responsibility in the country's industrial sector. In addition, a second agreement was signed between El-Sherbini and Bjorn Q. Aaserod, CEO of the U.S. company MPS, in the presence of Eng. Ibrahim Meki, Chairman of the Egyptian Petrochemicals Holding Company (ECHEM), and Moataz Atef, Undersecretary of the Ministry for the Affairs of the Minister's Office, Technical Office, and official spokesperson. This agreement focuses on ABB's role in providing advanced technical solutions-encompassing electrical systems, automation control, and digital technologies-for a green hydrogen project. The initiative will partially replace natural gas in production processes, significantly reducing both natural gas consumption and carbon emissions. El-Sherbini commented:“At ABB, we are dedicated to playing a pivotal role in advancing Egypt's transition to sustainable energy. We strive to deliver cutting-edge solutions that drive operational efficiency across diverse industries, ensuring a future of enhanced sustainability and innovation.” MENAFN22122024000153011029ID1109022277 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.
Jets deliver payback to Leafs, claim NHL's top spot before Christmas breakConor McGregor has launched a furious rant after announcing that he will appeal the decision to award a woman more than £200,000 after the UFC star was found by a jury to have assaulted her in a hotel. Nikita Hand, won her claim against him for damages in a High Court civil case , after accusing the fighter of raping her in a Dublin hotel in December 2018. A jury of eight women and four men spent six hours and 10 minutes deliberating before returning its verdict after days of listening to evidence and closing speeches. She had also taken a case against another man, James Lawrence, alleging that he assaulted her by having sex with her without her consent in the Beacon Hotel. The jury found that he did not assault her. McGregor shook his head after the jury read out that Ms Hand had won her case against him before declining to comment as he left court. Now, McGregor has launched a furious tirade on social media. "Two men falsely accused. One vindicated, the other soon to be!" he said. "Congrats James Lawrence on absolute exoneration! Twice this heinous accusation was put to you and twice it was shown as FALSE! LIES! It is absolutely disgraceful what they put you through here. Disgraceful! "I look forward to seeing you further vindicate yourself and lambast those responsible in court! We know what happened that night! Everyone present knows, yet it was ignored. Every single statement of persons present on the night was ignored. And they all disputed Nikita’s LIES! "However James they did believe you but just in certain parts for some strange reason. And they apparently did not believe Danielle Kealy at all. Laughable! Also with the damages (60k and 188k, interesting choice of figures) it seems they didn’t believe Nikita much either. "How could they, her original story was she was gang raped by security and chased from the hotel on foot. Absolute nonsense. How these lies were accepted, I will never know. A court of feeling and opinion, brainwashed in to people via the main stream media. Not of fact! "The reporting in court a laughing stock to everyone present. As clear as day bias. This is not a court of hard evidence and truth. It is a kangaroo court of opinions and feelings. We are not done yet. Not by a long shot. No chance. On we fight! Justice and truth will prevail! Appeal! Appeal! Appeal! As well as other. Congrats James! Onwards and upwards!"
Hyderabad: Strongly condemning the attack on the residences of film personalities, chief minister A Revanth Reddy has directed the director general of police (DGP) and the city police commissioner to deal sternly while protecting the law and order situation in the city. In an X post, the chief minister ordered the police to keep a hawk eye on such incidents. The CM’s comments came after OUJAC activists threw tomatoes and damaged flower pots at Tollywood actor Allu Arjun’s residence, earlier in the day. సినీ ప్రముఖుల ఇళ్ల పై దాడి ఘటనను ఖండిస్తున్నాను. శాంతి భద్రతల విషయంలో కఠినంగా వ్యవహరించాల్సిందిగా రాష్ట్ర డీజీపీ, నగర పోలీసు కమిషనర్ ను ఆదేశిస్తున్నాను. ఈ విషయంలో ఎలాంటి అలసత్వాన్ని సహించేది లేదు. సంధ్య థియేటర్ ఘటనలో సంబంధం లేని పోలీసు సిబ్బంది స్పందించకుండా ఉన్నతాధికారులు... They demanded justice for the family of 35-year-old Revathi, who died in the stampede caused during the premier of Pushpa 2 The Rise in Sandhya Theatre on December 2. The OU JAC demanded the actor pay a compensation of Rs. 1 crore to the family. The students, holding placards, squatted on the road in front of the gate. On information, police rushed to the spot and whisked away the OUJAC members. Additional police personnel have been deployed to ensure there is no law and order breakdown.
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