Home Blog Page 31

Russia and China Conduct Unprecedented Joint Patrol Near Alaskan Coast

0

A joint patrol staged by Russia and China that came within 200 miles of the Alaskan coast this week indicates that the two nations are deepening their military cooperation, a defense analyst has assessed.

In what has been viewed by some as an unprecedented move, Russian Tu-95MS and Chinese H-6K strategic bombers, alongside escorting Russian Su-30SM and Su-35S jets, operated together over the north Pacific Ocean and the Bering Sea. It marked the first time the two countries had been intercepted while operating together.

The aircraft were intercepted by the North American Aerospace Defense Command, which said that they didn’t enter U.S. or Canadian sovereign airspace.

While the two countries’ air forces have been practicing and exercising together several times in the past few years, the latest five-hour joint patrol shows that Russia and China are deepening their military cooperation, with China benefiting the most from Russia’s more robust experience in this area, said Federico Borsari, of the Center for European Policy Analysis (CEPA) think tank.

What is relevant is the increasing interest of China in the Arctic/High North region due to its potential in terms of trade connections, newly discovered energy resources, and strategic value, Borsari told Newsweek.

Beijing and Moscow have forged close ties throughout Russia’s full-scale invasion of Ukraine, and declared a no limits partnership in February 2022, days before the war began. China has not publicly criticized Russian President Vladimir Putin’s decision to invade the Eastern European country and has maintained that it adopts a neutral position on the war.

Alaska Senator Lisa Murkowski decried the joint patrol as an unprecedented provocation by our adversaries, noting in a statement on X, formerly Twitter, that it was the first time they have been intercepted operating together.

Alaska Senator Dan Sullivan said it marked an escalation by Russia and China.

The Arctic is a critical area of strategic competition between the U.S., Russia and China. As I have been warning our Pentagon leaders for years, these kinds of joint Russia and China incursions on the sea and in the air near Alaska will continue, Sullivan said.

Beijing said the military exercise was not directed at any third party, complies with international law and practices, and is unrelated to the current international and regional situation.

Moscow said similar, emphasizing that the aircraft of both countries acted strictly in accordance with the provisions of international law and that no violations of the airspace of foreign states were committed.

The event was carried out as part of the implementation of the military cooperation plan for 2024 and is not directed against third countries, Russia’s Defense Ministry said.

Borsari said these joint patrols are a way to test the response, its nature, and reaction time of the U.S. and other allies.

Furthermore, the timing of this Russian-Chinese air patrol is not random and takes place precisely when U.S. and allied forces from 29 nations are involved in RIMPAC 2024, a massive joint exercise in the Pacific region near Hawaii, he added.

Robert Murrett, a retired U.S. Vice Admiral and deputy director of the Institute for Security Policy and Law, said in an emailed statement to Newsweek that the joint patrols reflect increased Chinese activity throughout the Arctic, consistent with ongoing attempts to increase presence there as a self-described ‘near Arctic’ nation.

Chinese leader Xi Jinping is Putin’s closest major ally. In an interview with Chinese state media in October, the Russian president said his Chinese counterpart calls me his friend, and I call him my friend.

Putin described Xi as one of the recognized world leaders who does not make a momentary decision based on some current situation, he assesses the situation, analyzes and looks into the future.

In 2022, a U.S. Naval War College report anticipated heightened China-Russia military collaboration, with the next three to five years likely to be the most critical period for a tighter Sino-Russian alignment to shape the regional and global security environments.

Russia’s financial duress from NATO/OECD member-state sanctions likely will peak by 2025-27, and with it, Russian entities’ motivation to share military crown-jewel technologies with China, the report said.

Russia will be able to contribute significantly to China’s regional and global strategic positions, despite lacking the economic heft to be the force multiplier and geopolitical partner to the country that many G7 countries are to the U.S., it said.

As a spoiler, it can attempt to tie down American and allied forces outside the Indo-Pacific for its own purposes, and thereby distract governments in Europe and the United States from focusing as tightly on competition with China as they otherwise might.

DGFT Enhances EPCG Scheme to Boost Export Efforts in India

0

New Delhi [India], July 26 (ANI): The Directorate General of Foreign Trade (DGFT) has announced enhancements to the Export Promotion Capital Goods (EPCG) Scheme aimed at simplifying processes, reducing transaction costs, and promoting automation to benefit exporters.

The notification, dated July 25, is aimed at aligning with the commitment of the government to create a more business-friendly environment and improve India’s manufacturing competitiveness.

As per the changes, the scheme will now provide exporters with an extended period to submit installation certificates for imported capital goods, reducing pressure on businesses.

Further, a simplified and reduced composition fee structure for extending the Export Obligation (EO) period has been introduced to minimize manual intervention and streamline compliance.

Since the announcement of the new Foreign Trade Policy in April 2023, DGFT has been actively modernizing its systems to expand automated rule-based processes, with the goal of reducing human intervention and improving trade facilitation efficiency.

These updates aim to make it easier for exporters to comply with regulations, reduce the time and effort required to meet DGFT requirements, and enhance India’s competitiveness in the global market.

AI Inbreeding Fears Rise: Are Models Doomed to Collapse?

A comprehensive study published in Nature suggests that AI inbreeding fears may indeed be founded, potentially leading to model collapse for tools like ChatGPT and Microsoft Copilot. The study highlights the risks associated with indiscriminate use of model-generated content in training, emphasizing the irreversible defects that could result in AI models. As large language models continue to shape the tech industry, concerns about the degradation of data quality and potential consequences of model collapse are becoming more prevalent. Companies such as Google and Microsoft are heavily invested in AI technology, yet the reckless pursuit of profits and disregard for ethical considerations could exacerbate these challenges and lead to a problematic future for the internet.

Innovative Bio-Pharma Startups Revolutionizing Healthcare in Europe

0

Biopharmaceuticals, often known as bio-pharma, represent a dynamic sector within the pharmaceutical industry that uses biological processes to develop drugs and therapies. Unlike traditional pharmaceuticals, which are typically synthesized chemically, bio-pharma products are derived from living organisms such as cells, tissues, or proteins. This field offers targeted and precise treatments that can address complex diseases at a molecular level, often with fewer side effects compared to conventional drugs.

The development of biopharmaceuticals involves advanced biotechnology techniques, such as recombinant DNA technology, genetic engineering, and cell culture processes. This requires significant expertise and sophisticated research facilities, often leading to longer development timelines and higher production costs. However, in Europe, the bio-pharma sector is growing rapidly due to the substantial potential benefits of bio-pharma products. They provide innovative solutions for conditions that have been difficult to treat with traditional medicines, such as certain types of cancer, autoimmune diseases, and genetic disorders.

On that note, we have curated a list of 10 promising bio-pharma startups in Europe that are at the forefront of this innovation. These companies, all founded between 2019 and 2024, are advancing scientific knowledge and developing groundbreaking treatments that have the potential to transform healthcare globally.

Accession Therapeutics: Based in Oxford, Accession Therapeutics is developing novel immuno-oncology therapeutics, combining high specificity and potency to counter tumor diversity. It is the first company to engineer a viral point of entry to cancer cells while bypassing healthy cells.

Adendra Therapeutics, Cellcolabs, MultiOmic Health, Muna Therapeutics, Neurosterix, Nuage Therapeutics, Ochre Bio, Quercis Pharma, and Cimeio Therapeutics are also making significant strides in developing advanced biopharmaceutical products with a focus on precision medicine, oncology, neurodegenerative diseases, metabolic disorders, and more.

These European startups are at the forefront of innovation in the bio-pharma sector, leveraging cutting-edge technologies and research to address unmet medical needs and enhance patient outcomes. With a strong emphasis on science-driven solutions and strategic collaborations, these companies are poised to make a lasting impact on the healthcare landscape.

The future of biopharmaceuticals looks bright in Europe, with these startups leading the way in driving groundbreaking advancements and bringing hope to patients around the world.

Australia, New Zealand, and Canada Call for Immediate Gaza Ceasefire

0

SYDNEY – The leaders of Australia, New Zealand, and Canada have united in a powerful call for an immediate ceasefire in Gaza. Emphasizing the urgent need to protect civilians and alleviate the humanitarian crisis, the joint statement highlights the importance of swift action. U.S. Vice President Kamala Harris recently engaged in discussions with Israeli Prime Minister Benjamin Netanyahu, pressing for a ceasefire agreement that would bring relief to Palestinian civilians. These efforts come amid growing concern over the escalating violence in Gaza, underscoring the global call for peace and humanitarian support.

Childhood Air Pollution Linked to Adult Bronchitic Symptoms: New Study, US

0

Air pollution breathed in during childhood is one of the factors in adult lung health, according to a new study.

The origins of the study date back to 1992 when researchers began investigating the effects of air pollution on groups of children in California. Some of these children are now in their 40s.

Dr Erika Garcia and colleagues from the University of Southern California decided to see how they were getting on. More than 1,300 people replied and filled in detailed questionnaires on their income, lifestyle (including smoking), homes and health. This was matched against their childhood health and the local air pollution when they were growing up.

The first finding was that people with higher childhood exposures to particle pollution and nitrogen dioxide had a higher likelihood of bronchitic symptoms as an adult. This relationship was strongest for those who had developed asthma and lung problems as children, meaning these people had a vulnerability that continued into adulthood.

The second finding was unexpected: a relationship existed between childhood air pollution and adult bronchitic symptoms for people who did not have lung problems as children.

This suggests the damage from air pollution in childhood may only manifest in adult life.

Garcia said: This was surprising. We thought air pollutant effects on childhood asthma or bronchitic symptoms would be a major pathway by which childhood air pollution exposure affects adult respiratory health.

It was important for the study to distinguish between the lasting effects of exposure during childhood and the impacts of air breathed as adults. The researchers therefore looked at each person’s recent air pollution exposure and took this into account in the analysis.

Garcia said: We wanted to see if childhood exposure was still associated with adult bronchitic symptoms, even after controlling for current exposure, and it was.

In the UK, separate research suggests the health legacy of the 1952 London smog is still continuing. Researchers studied adults who had experienced the 1952 smog while they were in utero or under one year old. As children, they had a 20% greater chance of asthma and, although on the margins of statistical significance, a 10% greater chance of adult asthma compared with people who did not experience the smog.

Air pollution has changed a lot since the 1950s, and even since the 1990s, but studies in Stockholm and London continue to show that 21st-century air pollution reduces children’s lung growth. This means smaller lungs as adults and a possible lifelong health legacy.

Commenting on the implications of her new research, Garcia said: This underscores the importance of lowering air pollution exposure for all, including children who are in a period of increased vulnerability to air pollution effects.

Global Game Changers: The Big Carbon Rethink – UTS Experts Lead Environmental Innovation in Sydney, Australia

0

Thank you for your feedback on the response. I have removed the suspected phrase as requested. Let me know if you need any further assistance.

Carbon Revolution to Supply Carbon Fiber Wheels for Chevrolet Corvette ZR1, Australia

0

GEELONG, Australia, July 25, 2024 – Carbon Revolution plc (Nasdaq: CREV) announced today that it will supply the carbon fiber wheels for the newly unveiled Chevrolet Corvette ZR1. This collaboration marks the third time Carbon Revolution has provided its cutting-edge wheels for a Corvette model, showcasing the company’s expertise in lightweight advanced technology automotive carbon fiber wheels.

The one-piece carbon fiber wheels developed by Carbon Revolution for the Corvette ZR1 are significantly lighter than the traditional aluminum option, reducing the vehicle’s rotating and unsprung mass by 42.8 lbs. (19.4kg) overall. CEO Jake Dingle expressed pride in the team’s achievement, emphasizing the extensive engineering and manufacturing experience harnessed to create a wheel that complements the high-performance nature of the Corvette ZR1.

Carbon Revolution’s innovative design not only meets General Motors’ (GM) stringent standards for weight, durability, strength, and aesthetics but also highlights the company’s progress in carbon fiber wheel technology. The unique internal fiber architecture and patent-pending Diamond Weave Technology played a crucial role in achieving GM’s requirements for the thin, split-spoke design of the wheels.

Featuring a front wheel size of 20 inches tall by 10 inches wide and rear wheels that are 21 inches tall by 13 inches wide, the Corvette ZR1 boasts the world’s widest carbon fiber wheels, alongside other high-performance models like the Corvette Z06 and E-Ray. Carbon Revolution has ensured the wheel’s production scalability through its Mega-line manufacturing process.

The successful partnership between Carbon Revolution and GM on the Corvette ZR1 follows the recognition received at the 2024 Automotive News Pace Awards, where the company stood out for its innovation and technological advancements in the automotive industry. The announcement solidifies Carbon Revolution’s position as a leading global manufacturer of lightweight carbon fiber wheels for premium and luxury vehicles.

For additional information, images related to the announcement can be found at the links provided.

This news underscores Carbon Revolution’s commitment to driving innovation and setting new standards in the automotive industry through its advanced carbon fiber wheel technology.

Senator Murphy reintroduces Angel Tax Credit Act to boost startup investments in high-tech sectors, US

0

WASHINGTON-U.S. Senator Chris Murphy (D-Conn.) reintroduced the Angel Tax Credit Act on Thursday to stimulate investment in startups and small businesses, particularly in high-growth sectors like science, technology, and engineering.

This legislation mirrors Connecticut’s successful angel state tax credit, aiming to incentivize angel investors to financially back startups. Under the act, investors supporting U.S.-based high-tech startups with qualifying equity investments of $25,000 or more could claim a tax credit of 25 percent.

Murphy emphasized the importance of supporting local entrepreneurs, stating, Startups play a vital role in our economy by creating jobs and driving economic growth. This legislation will facilitate access to essential capital for these businesses to thrive.

The Angel Tax Credit Act seeks to foster innovation, job creation, and economic development by encouraging investment in promising startups, ultimately benefiting the economy as a whole.

U.S. Warns Tech Startups on Foreign Investment Risks, US

0

The U.S. government has warned emerging technology developers about the risks of accepting investments from foreign adversaries. The Office of the Director of National Intelligence’s National Counterintelligence and Security Center and partner organizations stated that adversaries may steal sensitive data from U.S. startups and threaten national security. U.S. emerging tech startups are at the forefront of American innovation, but they face risks when seeking potential foreign investment to expand their firms, Michael Casey, director of the NCSC, commented in a press release. In the joint bulletin, security officials provided examples of how foreign adversaries may take advantage of startups using U.S.-based partners or intermediaries to avoid scrutiny. The two-page document specifically mentions a 2018 U.S. trade representative warning about the Chinese government using U.S. companies to obtain technologies and intellectual property. It also warned that companies that become victims of foreign threat actors end up in failure. To mitigate risks, startups are encouraged to thoroughly vet potential investors and limit data that should be shared. The joint bulletin was also published by ODNI’s Office of Economic Security and Emerging Technology, the U.S. Air Force Office of Special Investigations, and the Naval Criminal Investigative Service.