Author: i2wtc
Japan’s Mitsui Ocean Development Co., Ltd. (MODEC) and fellow drone and urban aerial mobility (UAM) technology company Terra Drone Corp. have signed an agreement to enhance drones for inspection of offshore oil and gas floating production storage and offloading (FPSO) vessels, enabling unmanned inspections that will reduce the number of laborers needed for such work.Illustration: Courtesy of MODEC and Terra Drone Following a Memorandum of Understanding (MoU) signed on November 7, 2023, which allows MODEC to continue to use Terra Drone’s drone technology to measure the hull thickness of crude oil storage tanks of FPSOs currently operating in Brazil, the…
Chinese Members Communist Party The population hit 99 million last year, according to the latest official tally, and is on track to hit 100 million by the end of 2024, though growth continues to slow.As per tradition, the data was released the day before July 1 celebrations marking the party’s founding in 1921.The Central Organization Department, the party’s top personnel department, reported a net increase of 1.14 million party members, an increase of 1.2%. At the end of 2022, party membership had risen by 1.32 million, an increase of 1.4%.Chinese President Xi Jinping, who is also general secretary of the…
Donald Trump was the luckiest man alive last Thursday. President Joe Biden’s terrible debate performance overshadowed what should have been the biggest story of the night: Trump winkingly encouraged his supporters to commit political violence, just as he did in the 2020 presidential debates. Biden correctly pointed out during the debate that Trump had promised to pardon more than 1,200 people charged with federal crimes in the January 6th riot. Trump responded by calling the rioters “innocent” and saying Biden should be “ashamed” because the Justice Department prosecuted them for crimes. This coincides with Trump’s increasingly vehement defense of the…
Down icon An icon in the shape of a downward angle. Janet Sussman moved to Panama from Florida more than 10 years ago. Janet Sussman Janet Sussman moved to Panama from the United States after a series of personal tragedies.She found the cost of living in Panama to be much lower and the community to be more supportive.Her new life involves house sitting and enjoying a simpler, healthier lifestyle. Janet Sussman was headed for her dream home – a cabin in the woods in upstate New York – but after a series of mishaps she decided to move far from…
Emmanuel Macron is in a difficult position after his rival Marine Le Pen of the far-right Rally National party won the first round of France’s snap parliamentary elections. Following his recent defeat in the European Parliament elections, Macron has called for two general elections for June 30 and July 7.Paris has already seen unrest, with protesters taking to the streets, setting shops on fire and engaging in violence ahead of the 2024 Olympics. The Daily Mail reported the scale of violence as protesters took to the Place de la Republique.Why did Macron call a sudden general election? Macron did not…
The NFL had a bad week, losing $14 billion in court, and one of its top partners was even worse — twice as bad. On Friday, Nike $28 billion in shareholder value lostThe stock price plummeted nearly 20 percent in one day on Wednesday, the day after Nike said it expects sales to decline in the next fiscal year.The company’s stock price has fallen steadily since November 2021, from more than $177 a share to $75.65 as of Friday’s closing price.As CNBC.com noted: A bad day for Nike stock Since going public in December 1980.Nike also laid off 2% of…
SmartHR, a cloud-based human resources and workforce management software startup, announced Monday that it has raised $140 million in a funding round led by KKR and Teachers Ventures Growth, the investment arm of the Ontario Teachers’ Pension Plan, with participation from existing investors. The Series E round, which comes three years after the company raised $142.5 million in Series D funding that gave it a valuation of $1.6 billion, is the latest indication that investors remain eager to back technology that helps companies more efficiently manage their largest cost base: human resources. The company declined to comment on its current…
With just one month until Major League Baseball’s trade deadline on July 30, championship contenders are finalizing their trade lists while other teams are preparing to sell their best players.The Chicago White Sox and Miami Marlins are expected to make significant deals, but just about every other team in baseball is also technically a championship contender and will have to make big decisions in the coming weeks.So here are four smart trades we’d like to see before the deadline.Garrett Crochette (White Sox) to OriolesBaltimore made a bold move in the offseason to acquire Corbin Burnes in a trade that showed…
CNN — The Supreme Court is expected to issue its final ruling of its term Monday morning, settling the question of whether former President Donald Trump can claim immunity from federal election subversion charges. The nine justices are meeting in court for the last time before the summer recess, one day past an unofficial deadline of the end of June, likely setting up continued legal battles over their final decision. For now, the most significant issue remaining unresolved is whether Trump is entitled to the blanket immunity he is seeking from special counsel Jack Smith on his election interference charges.…
Brits head to the polls on 4 July. Here’s what you need to know about the parties, leaders and key election issues.Following Chancellor Rishi Sunak’s announcement of a general election on 22 May, Britons will head to the polls on 4 July to choose the next party to lead the country. Opinion polls suggest the vote would give Labour a majority after 14 years of Conservative rule. Here’s what you need to know about the upcoming UK general election. The UK, which consists of England, Northern Ireland, Scotland and Wales, has a population of approximately 67 million and is the…