peterschreiber.media/iStock via Getty Images Jumia (NYSE: JMIA ) has long been touted as the "Amazon of Africa," though the stock's volatility over the years appears to be telling a different story. While the company has seen strong periods of success, becoming the next Amazon Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Matilda's player has married fiancee Kat Thompson in the Hunter Valley in front of family, friends, and a host of Matildas teammates, including Sam Kerr. or signup to continue reading Less than four weeks after the Dudley Redhead United Football Club junior became the second-most-capped in history, van Egmond celebrated her wedding day on Friday, December 27. In attendance was global superstar Kerr along with several Australian teammates, including Steph Catley, Alanna Kennedy, Mackenzie Arnold, Hayley Raso, Clare Polkinghorne and Caitlin Foord. Football legend Andy Roberts, who made 234 national league appearances for Newcastle United and the Newcastle Jets and was a guest at the wedding, shared photos of the day on social media. The happy couple used Roberts' vintage Porsche Speedster for their special day. Roberts told the ACM masthead the Kerr was "quite taken" by the wedding car, enquiring about the Porsche Speedster and asking if she could have a sit in the driver's seat, to which he happily obliged. The injured Chelsea striker attended the wedding with pregnant fiancee Kristie Mewes, a United States international who plays for West Ham in English Women's Super League. Kerr posted pictures to Instagram congratulating "the Van Egmonds", including a shot of Roberts' car. Roberts said the wedding was staged in a beautiful setting and guests experienced it all in terms of weather - 41-degree heat and a hail storm. Van Egmond, who has made 153 appearances for the Matildas, played at four World Cups and three Olympics, posted pictures to Instagram earlier in the day at brunch in the Hunter Valley and with Thompson at Newcastle's City Hall. The 31-year-old Newcastle Jets product plays for San Deigo Wave in the United States. Renee Valentine is a sports journalist with more than 20 years of experience in Newcastle. She is passionate about increasing the visibility of sportswomen in the media. Got a sports story, email Renee at r.valentine@newcastleherald.com.au Renee Valentine is a sports journalist with more than 20 years of experience in Newcastle. She is passionate about increasing the visibility of sportswomen in the media. Got a sports story, email Renee at r.valentine@newcastleherald.com.au DAILY Today's top stories curated by our news team. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. WEEKDAYS Catch up on the news of the day and unwind with great reading for your evening. WEEKLY Get the editor's insights: what's happening & why it matters. WEEKLY Love footy? We've got all the action covered. WEEKLY Every Saturday and Tuesday, explore destinations deals, tips & travel writing to transport you around the globe. WEEKLY Going out or staying in? Find out what's on. WEEKDAYS Sharp. Close to the ground. Digging deep. Your weekday morning newsletter on national affairs, politics and more. TWICE WEEKLY Your essential national news digest: all the big issues on Wednesday and great reading every Saturday. WEEKLY Get news, reviews and expert insights every Thursday from CarExpert, ACM's exclusive motoring partner. TWICE WEEKLY Get real, Australia! Let the ACM network's editors and journalists bring you news and views from all over. AS IT HAPPENS Be the first to know when news breaks. DAILY Your digital replica of Today's Paper. Ready to read from 5am! DAILY Test your skills with interactive crosswords, sudoku & trivia. Fresh daily! Advertisement AdvertisementThreads is copying this AI-powered feature from Elon Musk's XFormer US President Jimmy Carter dies at 100
More than 800 trucks' worth of humanitarian aid, already rubber-stamped by Israeli inspectors, sits on the Gazan side of the Kerem Shalom crossing in the south of the strip, Israeli officials said. The aid, some of it perishable fruit and cooking staples, bakes and rots in the sun. A group of journalists, escorted by the Israeli military, was shown a site close to the Kerem Shalom crossing where humanitarian organizations and other parties transporting aid deeper into Gaza are supposed to pick up the aid. The problem, Israeli officials said, is that the aid organizations and global players don't take the aid to the Gazan population. Aid agencies say Israel has prevented aid from reaching Gaza, and the ongoing war effort is making it impossible for the organizations to work. But both sides say looters, stealing aid from convoys heading through Gaza, remain a huge problem with no clear fix. Hijackings 'Every Day' In December alone, at least 1,800 trucks have made it into the strip from different checkpoints, said Colonel Abdullah Halabi, the head of Israel's Gaza Coordination and Liaison Administration (CLA). Israeli authorities said on Sunday that more than 1,000 trucks entered Gaza the previous week. The same day, aid organization Oxfam said that only 12 aid trucks of food and water had reached northern Gaza in two and a half months, citing "deliberate delays and systematic obstructions by the Israeli military." A "meager 34 trucks of food and water" were given permission to enter northern Gaza in that time, the charity said. "The situation in Gaza is apocalyptic," Oxfam's Middle East and North Africa director, Sally Abi-Khalil, said in a statement. Speaking on Thursday, Halabi said that about 50 trucks were crossing into northern Gaza each day. Another 200 on average passed daily into the strip from the center and south of Gaza, the colonel said. Aid arrives at the Kerem Shalom site from Israel, the West Bank, Egypt and Jordan. Roughly 60 percent is flour, Halabi told Newsweek , with one-fifth of the aid food and perishables. The rest is mostly medicine, hygiene supplies and other essential items, he said. A small chunk is private sector, to be sold in Gaza, an Israeli official said. But once aid arrives at the Gazan side of the checkpoint, the Israeli military washes its hands of the supplies. It is the responsibility of the Palestinians and international aid organizations to pick up the aid and distribute it to the population, the colonel said. Israeli officials at the checkpoint said there are not enough trucks or drivers to take the aid through the strip once it arrives at Kerem Shalom. "From the Israeli perspective, there is no limit of trucks coming into Gaza," Halabi told reporters. "The main obstacle, or the main challenge, is the international community's capabilities [for] distribution." When asked by Newsweek why so much aid languishes, uncollected, another Israeli official with the CLA quickly responded: "The looters." The scarce number of drivers who pull away from the drop-off point are attacked, officials at the site said. Halabi said some aid had been taken from civilians on the road but that looting had declined in recent weeks. The other CLA official said looters stop the vehicles with weapons, often injuring the drivers, and violent hijackings of aid convoys were happening almost "every day," including in the hours before the journalists arrived at the site. On December 1, Philippe Lazzarini, the head of the UNRWA, the U.N.'s Palestinian refugee aid agency, said the organization was "pausing the delivery of aid through Kerem Shalom, the main crossing point for humanitarian aid" into the strip. "The road out of this crossing has not been safe for months," Lazzarini said. On November 16, a "large convoy of aid trucks was stolen by armed gangs," the aid chief said, adding that the UNRWA had attempted to bring in more food trucks in late November along the same route but that they were "all taken." In a separate statement, the UNRWA said 90 percent of aid trucks were "looted at Kerem Shalom," also known as Karem Abu Salem, in November. Lazzarini said aid was prevented from reaching those who need it by "hurdles from Israeli authorities," a lack of safety on aid routes, targeting of local police, "the ongoing siege" and "political decisions to restrict the amounts of aid." Israeli lawmakers voted to ban the UNRWA from Israel within 90 days in late October, branding it a "terror group." The U.S. said at the time it was "deeply concerned" about the vote. Israel has accused a number of UNRWA workers of being involved in the October 7, 2023, attacks carried out by the Gaza-based Palestinian militant group Hamas during which more than 1,200 people were killed and 251 taken hostage. Israel's war on Hamas in the more than a year since has killed more than 45,000 people, according to Hamas-run health authorities. The number does not distinguish between civilians and combatants. The UNRWA said it immediately fired staff members accused of involvement and launched an investigation. Lazzarini said Israel, "as the occupying power," had a responsibility to protect aid workers and supplies. It is highly unlikely that the Israeli military would ever escort the convoys through Gaza to prevent the looting. There appears to be no appetite from this on either the Israeli side or from the aid organizations. As for the aid waiting to be transported, there is little hope it will reach desperate Gazans. The aid organizations need to coordinate between themselves to deliver it, a CLA official said: "You see how much cargo is left on the ground," and destroyed when out in the open, the official said, gesturing around the site. Gaza Now a 'Graveyard' The need for aid in Gaza is deep. Humanitarian organizations have consistently reported a debilitating lack of water, food, medical care, vital hygiene supplies and other essentials reaching the territory's uprooted population, many of whom have been forced to relocate several times . A senior member of the UNRWA in central Gaza said on Friday that "an entire society here is now a graveyard. Over two million people are trapped. People continue to have basic needs deprived and it just feels like every path here that you could possibly take is leading to death." Some organizations trying to get aid to Gazans have made deals with the looters, paying the hijackers not to attack the aid trucks, a CLA official said. Some aid agencies are targeted more than others, an official said. Newsweek could not independently verify the claim. Tommaso Della Longa, a spokesperson of the International Federation of Red Cross and Red Crescent Societies operating in Israel and Gaza, told Newsweek that if this was confirmed, he would not be surprised. Such reports could be reasonably expected in areas plagued by lawlessness, Della Longa said, adding that even hundreds of trucks could not reach the levels of humanitarian aid needed in Gaza. Georgios Petropoulos, a senior U.N. official based in Rafah, the southern Gazan city not far from Kerem Shalom, told The New York Times in an article published on Monday that aid convoys faced "systematic, tactical, armed, crime-syndicate looting" by organized groups.Ibotta director Thomas Lehrman sells $4.7 million in stockLongest-lived US president was always happy to speak his mind
Prime Minister Justin Trudeau is taking some time to reflect after Chrystia Freeland’s bombshell resignation as finance minister, Energy Minister Jonathan Wilkinson said Tuesday. That comes as the number of Liberals who are calling for Trudeau to step aside appears to have grown. “The prime minister, as I understand it, a number of caucus colleagues have said that the prime minister has said that he will reflect on both the decision that minister Freeland made, but also what he’s heard from members of his own caucus,” Jonathan Wilkinson said in an interview with The Canadian Press. “I think we all need to give him a little time to reflect, and I respect that fact that he’s going to take some time to reflect.” The House of Commons is now on its holiday break, giving Trudeau a few weeks to decide on his next move before MPs return to Ottawa on Jan. 27. Freeland’s decision to walk away from the top cabinet job came three days after Trudeau had informed her she would be moved out of the finance portfolio in the next cabinet shuffle. The news came out just hours before she was set to present the government’s fall economic statement in the House of Commons. That kicked off a day of turmoil on Parliament Hill that began with an unexpected cabinet meeting, followed by hours of confusion about which minister might table the important financial update, or if it would be introduced at all. Several Liberal MPs demanded an emergency caucus meeting, and during that evening gathering, some of them called for Trudeau to step aside as party leader. New Brunswick MP Wayne Long, one of 23 caucus members who signed a letter back in October calling for Trudeau to quit, remains adamant that it’s time for Trudeau to go. He said this time “is so different than times before.” “We certainly have more MPs than last time. So, if I had to guess how many more right now, I’d say we’re probably at 40 to 50 right now,” Long said. The attempt to oust Trudeau earlier in the fall ultimately failed to garner support from anyone in cabinet. This time, Long said, at least five cabinet ministers believe it’s time for a change at the top — though he did not identify them. “I certainly am one to say to my colleagues, to ministers in particular: ‘Let’s come out of the shadows,’” Long said. “Let’s openly, once and for all, state how we feel and let’s move forward with what we know has to happen.” Several former cabinet ministers have called for Trudeau to go, including former environment minister Catherine McKenna on Tuesday. “Every Liberal MP should be calling on the prime minister to resign,” she said in a post on social media. “The surest way to elect a Conservative majority and lose all the progress we’ve made is for him to stay. And we need to focus on tariff threat from the U.S. It’s over.” But most current cabinet ministers, when asked, have backed the prime minister publicly. Before question period on Tuesday Treasury Board President Anita Anand and Diversity Minister Kamal Khera, replied “yes” when asked if they support the prime minister. Environment Minister Steven Guilbeault said the same. Prince Edward Island MP Sean Casey isn’t convinced this attempt to push Trudeau out will work any differently than when he and 22 colleagues asked the prime minister to resign in October. At the time, Liberal MPs told reporters that Trudeau pledged to reflect on what was said. The very next day, he publicly stated his intention to stay on as leader. Casey does not think the prime minister will take a walk in the snow now, either. “There’s not a single indicator in anything that he says or does that would tell me otherwise. He seems to be absolutely committed and he has throughout the piece, he’s been remarkably consistent,” Casey said. Whenever Trudeau has been asked if he intends to lead the Liberals in the next election the response has been an unambiguous “yes.” Trudeau typically holds a cabinet retreat before the return of Parliament and a long-anticipated cabinet shuffle is likely to come soon. He replaced Freeland immediately with longtime friend and ally Dominic LeBlanc, who officially is now the minister of public safety, finance and intergovernmental affairs. Anand also holds two portfolios, juggling Treasury Board with transport, which she took on after Pablo Rodriguez stepped aside to prepare a run for the Liberal leadership in Quebec. There are also at least five sitting ministers who do not plan to run in the next election, including Housing Minister Sean Fraser, whose announcement on Monday about his future was completely overshadowed by Freeland’s bombshell. It has been a tumultuous fall for the government. The Liberals survived three non-confidence votes in the House of Commons and have struggled to advance legislation because of a filibuster on a Conservative privilege motion related to misspending at a now-defunct green technology fund. On Tuesday, Conservative Leader Pierre Poilievre once again called on NDP Leader Jagmeet Singh to topple the government. Poilievre said Canada needs an election because U.S. president-elect Donald Trump “can spot weakness from a mile away” and the Trudeau government is weak. Bloc Québécois Leader Yves-François Blanchet also said a new Parliament is needed “as soon as possible,” and he wants to see an election called in January. Blanchet said Trudeau has lost the political, moral and ethical authority to govern. On Monday, Singh called for Trudeau to step down but did not make a firm comment on whether the NDP would vote non-confidence in the Liberal government, saying only that “all options are on the table.” The NDP, which ended a formal supply-and-confidence agreement to support the Liberals in September, has since voted with the government on all three non-confidence motions, trying to spin it as voting against the Conservatives rather than with the Liberals. Singh has repeatedly said a Poilievre-led Conservative government would cut things New Democrats have fought for like dental care, pharmacare and other social programs.Longest-lived US president was always happy to speak his mind
The House subcommittee investigating former Speaker Nancy Pelosi’s (D-CA) partisan January 6 Special Committee “interviewed hundreds of witnesses,” but testimony from the most notorious star of Pelosi’s hearings is conspicuously absent from its report. The subcommittee, chaired by Rep. Barry Loudermilk (R-GA), issued an interim report December 17, 2024, calling former White House employee Cassidy Hutchison the Pelosi “Select Committee’s star witness.” But despite the subcommittee “interview[ing] hundreds of witnesses,” the committee’s report makes no reference to bringing in Hutchinson for questioning – despite mentioning her by name 268 times. According to a source, Speaker Mike Johnson (R-LA) personally intervened to block the subcommittee from issuing a subpoena to Hutchinson. Johnson, in a statement to Breitbart News, called that claim “clearly false.” Breitbart asked the subcommittee and Loudermilk’s personal office why the subcommittee did not question Hutchinson despite her prominence throughout the report and the subcommittee’s otherwise thorough, exhaustive work. Breitbart also asked about any alleged interference from Johnson in the subcommittee’s work, particularly if Johnson interfered in any efforts to subpoena Hutchinson. The subcommittee and Loudermilk’s office did not respond. Johnson’s full statement to Breitbart, in which he denies blocking the subpoena, also broke the news that he will be continuing the subcommittee’s work into the next Congress, but that it will be “elevated” to the full committee level. Johnson’s statement regarding Breitbart’s source’s claim reads in full: This is clearly false. I have never blocked any subpoena and don’t even have the authority to do so. As Speaker, I have pressed for full transparency regarding the events of January 6 and the Democrats’ sham J6 Committee. I directed our House Oversight subcommittee to release the J6 video footage for the American people to see, and I allocated almost two million additional dollars to hire additional staff to conduct the crucial investigative work. We are proud of the subcommittee’s important work in exposing the false narratives and lies peddled by the Democrats’ J6 committee. But there is much work still to be done, so I am elevating the investigation from the subcommittee level to the full committee level — thereby giving it full subpoena authority. We look forward to House Republicans continuing this investigation and working with the incoming Trump Administration, including Attorney General Pam Bondi, to fully expose the phony and politically-motivated J6 Committee. The statement does not make clear what role Loudermilk will play after the investigation is elevated out of the Oversight Subcommittee. Breitbart shared Johnson’s statement via email with a spokesperson for the subcommittee and asked for a comment, including if the subcommittee was made aware by Johnson that its work would be continued by the committee. The spokesperson did not respond. As Johnson’s statement alludes, the subcommittee does not have unilateral authority to issue subpoenas. Generally in the House, subcommittees must issue subpoenas through the cooperation of the full committee. Loudermilk has said he would relish the independent subpoena power afforded by a select committee. The subcommittee spokesperson did not respond when asked if the House Administration Committee or its chairman, Rep. Bryan Steil (R-WI), ever interfered with an attempt to issue a subpoena to Ms. Hutchinson, although Breitbart is unaware of any attempt from Steil to do so. In his report , Loudermilk writes that one of the two conditions he needed before accepting the subcommittee assignment from then-Speaker Kevin McCarthy (R-CA) was “that I have the autonomy and resources needed to effectively pursue the facts without political bias or outside influence.” “McCarthy assured me that I would be given what I needed to conduct a real investigation and proper oversight,” Loudermilk said. He continued: At one point, the work of the subcommittee was completely halted due to the removal of Kevin McCarthy as Speaker, and subsequently faced internal efforts to derail the investigation. However, our team persevered through the delays; and, when Mike Johnson took the gavel as Speaker of the House, he allocated even more resources to our investigation and committed to more transparency for the American people. The Oversight Subcommittee possesses more resources than most similarly constituted subcommittees, enabling it to beef up its staff, although the subcommittee has remained confined by the constraints of serving under a full committee. Loudermilk’s work chairing the subcommittee has been widely praised by Republicans, even by Donald Trump himself. Trump heaped praise Sunday on Loudermilk for his “great work” as chairman. “Congratulations to Congressman Barry Loudermilk on the great work he has done in exposing the massive corruption of the J6 Unselect Committee of Political Thugs!” he posted on Truth Social, also thanking Mark Levin for elevating much of Loudermilk’s work. “We need more Warriors like Barry and Mark to expose the massive corruption taking place in our Country!” Hutchinson worked on Capitol Hill for then-Rep. Mark Meadows (R-NC) and followed him to the White House when he became Trump’s Chief of Staff. She served in several relatively low-level capacities which included acting as a gatekeeper to Meadows – a role through which Hutchinson would have interacted with numerous lawmakers seeking time with Meadows. Loudermilk’s subcommittee has blasted Hutchinson for communicating with disgraced Rep. Liz Cheney (R-WY) without her own attorney’s knowledge. Those communications began after Hutchinson had sat before the committee twice. After Hutchinson and Cheney began communicating, Hutchinson went back to the committee and began introducing multiple new claims, many of them secondhand, which were subsequently denied by those present. In his report, Loudermilk says “Cassidy Hutchinson’s most outrageous claims lacked any evidence, and the Select Committee had knowledge that her claims were false when they publicly promoted her.” “[T]he Select Committee chose to focus the conclusions of its nearly one-thousand-page report largely on the uncorroborated and inconsistent testimony of one witness—Cassidy Hutchinson,” the report points out. “Hutchinson gave Representative Cheney and the other Members of the Select Committee exactly what they were looking for.” Bradley Jaye is a Capitol Hill Correspondent for Breitbart News. Follow him on X/Twitter at @BradleyAJaye .
Lucknow, Dec 23 (PTI) Uttar Pradesh Chief Minister Yogi Adityanath on Monday said that at a time when many countries are at war, Prime Minister Narendra Modi is binding the world in the thread of peace, harmony and unity through the message of Lord Buddha. Welcoming a delegation led by Governor of Japan's Yamanashi Province Kotaro Nagasaki at his official residence here, Adityanath described UP as a state of "Unlimited Potential". An MoU was signed between the Uttar Pradesh government and Yamanashi Prefecture (Japan) for industrial cooperation, tourism and vocational education in the presence. "The roots of strategic, cultural and global cooperation have been connected between the two countries for more than a millennium. Today, when many countries of the world are at war, Prime Minister Shri Narendra Modi is binding the world in the thread of peace, harmony and unity through the message of Lord Buddha," Adityanath said. "The strong relations between Prime Minister Narendra Modi and former Prime Minister of Japan, late Shinzo Abe, have also taken the political, economic and business relations of India-Japan to new heights," he said. "The state government is keen to cooperate with Japanese companies. Japan also provided great support as a partner country for the Global Investors Summit-2023," Adityanath said. On behalf of the state government, Chief Secretary Manoj Kumar Singh and Director General of the Governor's Policy Planning Bureau of Yamanashi Province Junichi Ishidera exchanged the MoU, the UP government said in a statement. Adityanath said the MoU is a result of the prime minister's commitment to work together with the Quad countries for humanity on the basis of shared democratic values. Currently, more than 1,400 Japanese companies are operating in India, including seven major firms -- Mitsui Technologies, Honda Motors, Yamaha Motors, Denso, Toyodrunk, Nissin ABC Logistics, Sekisui DLJM Molding -- operating in Uttar Pradesh. Economic co-operation between India and Japan is very rich, he said, and added that bilateral trade between the two countries has been USD 22.854 billion in the financial year 2023-24. During this period, USD 17.69 billion was exported from Japan to India and USD 5.15 billion was imported. Adityanath told the Japanese delegation that Uttar Pradesh is getting a new identity as an 'expressway state'. After the construction of the Ganga Expressway, Uttar Pradesh will have 55 per cent share in the total expressways of the country. At present, five expressways of a total length of 1,130 km are operational, he said. The UP CM said that in the electronics and IT/ITES sector, Uttar Pradesh has the distinction of contributing about 45 per cent of India's total mobile manufacturing. About 55 per cent of India's mobile components are manufactured here. About 26 per cent of India's mobile manufacturers are active in Uttar Pradesh and more than 200 ESDM companies are located in the state. The state government is developing clusters for semi-conductor manufacturing and fab-units. Apart from this, Uttar Pradesh is rapidly emerging as the main hub of data centers in India, he said. On this occasion, Governor Yamanashi Prefecture of Japan, Kotaro Nagasaki said there have been spiritual and historical relations between Yamanashi Prefecture and Uttar Pradesh. Expressing happiness over the MoU, he said that Japan will provide mutual cooperation in labour skilled development, renewable energy, hydro power, exchange of knowledge and technology. He told the chief minister that "Japan is your second home", the statement said, adding Adityanath also spoke a few lines in Japanese. (This story has not been edited by THE WEEK and is auto-generated from PTI)
(TNS) — Amazon Web Services intends to invest an estimated $10 billion to bolster its data center infrastructure in Ohio, creating hundreds of new, well-paying jobs by the end of 2030 and strengthening the state’s role as a major technology hub. The company, along with the Ohio governor’s office, announced the plan Monday. The investment boosts the total the company has committed to spending in Ohio by the end of the decade to more than $23 billion. The $10 billion will allow Amazon to expand its data centers outside of Central Ohio to new sites in communities across the state. The new data centers will contain computer servers, data storage drives, networking equipment, and other forms of technology infrastructure used to power cloud computing, including artificial intelligence and machine learning, the company said in a joint statement with Gov. Mike DeWine. The exact locations for that investment have not been finalized, according to the statement. Investment plans are contingent upon the execution of long-term energy service agreements. “As reliance on digital services continues to grow, so does the importance of data centers; they are critical to today’s modern economy,” DeWine said in the announcement. “AWS’s substantial investment in Ohio will help keep our state at the forefront of the global technology.” Amazon Web Services’ growth is part of o. The centers consume huge amounts of electricity to run. Google has described them as “the engines behind the digital services” that “help keep the Internet up and running.” Consumer-facing brands like Amazon, Google and Meta all have developed centers, as well as less familiar names like Quality Technology Services and CyrusOne. From the outside, they can look like large factories. Inside, they often employ 20 to 30 or so workers when operational. State and local governments have granted hundreds of millions in tax breaks for the development of the centers. Grid operators, though, worry the facilities could overburden the available power supply. Last year, Amazon . That was on top of $6 billion already invested through 2022. Amazon opened its first Ohio data center in 2016 and has since invested $10.3 billion in Ohio. The company estimates it has contributed about $3.8 billion in total gross domestic product to the state between 2015-2023. Today’s announcement brought the company’s planned investment in Ohio between 2015 and the end of 2030 to more than $23 billion. This represents the second-largest planned investment by a single private sector company in the state’s history, the governor’s office said, after being built outside Columbus. “Today, we reaffirm our long-term commitment to Ohio with plans to invest an additional $10 billion to expand our data center infrastructure in greater Ohio to drive innovation in AI for customers,” Roger Wehner, vice president of economic development at Amazon Web Services, said in a statement. “This expanded investment is expected to create new, well-paying jobs, boost Ohio’s GDP, and further cement our partnership with the state. We are also proud to continue expanding the reach of workforce development and educational programs that equip Ohio’s next generation of tech talent through strong public and private partnerships.” JobsOhio President and CEO J.P. Nauseef said Monday that Amazon Web Services’ investment has helped make Ohio one of the nation’s foremost technology centers, helping to attract business innovators to the state. JobsOhio was one of multiple economic development teams collaborating with Amazon to support the expansion. “AWS was the first major cloud provider in our state and their success has helped pave the way for the explosive growth we’re seeing now,” Nauseef said in a statement. ©
Addison O'Grady scores 12 points and No. 24 Iowa women topple Purdue 84-63
Hansa Biopharma announces positive full results from 15-HMedIdeS-09 Phase 2 study and comparative analysis of imlifidase in patients with Guillain-Barré SyndromeArcher Aviation ( ACHR -23.72% ) stock plummeted in Monday's trading. The flying-taxi company's share price closed out the daily session down 23.7% and had been down as much as 28.7% earlier in the day. For comparison, the S&P 500 ( ^GSPC 0.24% ) and Nasdaq Composite ( ^IXIC 0.97% ) closed out the day up 0.2% and 0.9%, respectively. Archer Aviation faced bearish pressures along multiple lines today. For starters, short-sellers have started to place more bets against the stock on the heels of an explosive rally. Despite today's pullback, the stock is up 122% over the last month. The resignation of Stellantis CEO Carlos Tavares may have also played a role in today's sell-off. Stellantis has been a significant investor in Archer Aviation, and it's possible investors are concerned that the automaker's next CEO won't be a similarly eager partner. Along similar lines, some investors also appear to be concerned that Archer will move to raise funds by selling more stock soon. Down almost 24% in one day, is it time to buy Archer stock? Despite today's precipitous pullback, it's not clear that anything has materially changed for the company's outlook. The change of leadership at Stellantis could potentially limit future funding opportunities through the company, but it's also not clear that will happen. Whether it's to Stellantis or any number of other potential investors, Archer will likely move to sell more shares to raise funds at some point in the not-too-distant future. The company is still in a pre-revenue state, and it's in the early phases of ramping up manufacturing and getting its Midnight flying vehicles commercialized. There's a very good chance that the stock will see some significant dilution as the company raises funds to scale the business, and long-term investors shouldn't view that as an indication of weakness. Similarly, an increase of bets against the stock from short-sellers could pressure the stock in the near term -- but it won't define Archer's long-term stock performance. An increase in short interest could also open the door for a potential short squeeze if the company gets favorable news on the regulatory front, or lands new partnerships and contracts. Proceed with caution Investors should move forward with the understanding that Archer Aviation is a high-risk, high-reward stock. For those without high risk tolerance, making a substantial investment in the company is probably inadvisable. The company's outlook is highly speculative, and the flying-vehicle specialist could see dramatic valuation contraction if macroeconomic conditions or other factors cause the market to pivot away from growth stocks. On the other hand, Archer Aviation has been showing some impressive business momentum and could see significant regulatory wins in the near future. For investors who aren't deterred by the stock's high-risk profile, treating today's pullback as a buying opportunity in a broader dollar-cost-averaging strategy could be a good move.
NASA's 2 stuck astronauts face more time in space with return delayed until at least late MarchForthright and fearless, the Nobel Prize winner took pot-shots at former prime minister Tony Blair and ex-US president George W Bush among others. His death came after repeated bouts of illness in which images of the increasingly frail former president failed to erase memories of his fierce spirit. Democrat James Earl “Jimmy” Carter Jr swept to power in 1977 with his Trust Me campaign helping to beat Republican president Gerald Ford. Serving as 39th US president from 1977 to 1981, he sought to make government “competent and compassionate” but was ousted by the unstoppable Hollywood appeal of a certain Ronald Reagan. A skilled sportsman, Mr Carter left his home of Plains, Georgia, to join the US Navy, returning later to run his family’s peanut business. A stint in the Georgia senate lit the touchpaper on his political career and he rose to the top of the Democratic movement. But he will also be remembered for a bizarre encounter with a deeply disgruntled opponent. The president was enjoying a relaxing fishing trip near his home town in 1979 when his craft was attacked by a furious swamp rabbit which reportedly swam up to the boat hissing wildly. The press had a field day, with one paper bearing the headline President Attacked By Rabbit. Away from encounters with belligerent bunnies, Mr Carter’s willingness to address politically uncomfortable topics did not diminish with age. He recently said that he would be willing to travel to North Korea for peace talks on behalf of US President Donald Trump. He also famously mounted a ferocious and personal attack on Tony Blair over the Iraq war, weeks before the prime minister left office in June 2007. Mr Carter, who had already denounced George W Bush’s presidency as “the worst in history”, used an interview on BBC radio to condemn Mr Blair for his tight relations with Mr Bush, particularly concerning the Iraq War. Asked how he would characterise Mr Blair’s relationship with Mr Bush, Mr Carter replied: “Abominable. Loyal, blind, apparently subservient. “I think that the almost undeviating support by Great Britain for the ill-advised policies of President Bush in Iraq have been a major tragedy for the world.” Mr Carter was also voluble over the Rhodesia crisis, which was about to end during his presidency. His support for Robert Mugabe at the time generated widespread criticism. He was said to have ignored the warnings of many prominent Zimbabweans, black and white, about what sort of leader Mugabe would be. This was seen by Mr Carter’s critics as “deserving a prominent place among the outrages of the Carter years”. Mr Carter has since said he and his administration had spent more effort and worry on Rhodesia than on the Middle East. He admitted he had supported two revolutionaries in Mugabe and Joshua Nkomo, and with hindsight said later that Mugabe had been “a good leader gone bad”, having at first been “a very enlightened president”. One US commentator wrote: “History will not look kindly on those in the West who insisted on bringing the avowed Marxist Mugabe into the government. “In particular, the Jimmy Carter foreign policy... bears some responsibility for the fate of a small African country with scant connection to American national interests.” In recent years Mr Carter developed a reputation as an international peace negotiator. He won the Nobel Peace Prize in 2002 for his commitment to finding peaceful solutions to international conflicts, his work with human rights and democracy initiatives, and his promotion of economic and social programmes. Mr Carter was dispatched to North Korea in August 2008 to secure the release of US citizen Aijalon Mahli Gomes, who had been sentenced to eight years of hard labour after being found guilty of illegally entering North Korea. He successfully secured the release of Mr Gomes. In 2010 he returned to the White House to greet President Barack Obama and discuss international affairs amid rising tensions on the Korean peninsula. Proving politics runs in the family, in 2013 his grandson Jason, a state senator, announced his bid to become governor in Georgia, where his famous grandfather governed before becoming president. He eventually lost to incumbent Republican Nathan Deal. Fears that Mr Carter’s health was deteriorating were sparked in 2015 when he cut short an election observation visit in Guyana because he was “not feeling well”. It would have been Mr Carter’s 39th trip to personally observe an international election. Three months later, on August 12, he revealed he had cancer which had been diagnosed after he underwent surgery to remove a small mass in his liver. Mr Obama was among the well-wishers hoping for Mr Carter’s full recovery after it was confirmed the cancer had spread widely. Melanoma had been found in his brain and liver, and Mr Carter underwent immunotherapy and radiation therapy, before announcing in March the following year that he no longer needed any treatment. In 2017, Mr Carter was taken to hospital as a precaution, after he became dehydrated at a home-building project in Canada. He was admitted to hospital on multiple occasions in 2019 having had a series of falls, suffering a brain bleed and a broken pelvis, as well as a stint to be treated for a urinary tract infection. Mr Carter spent much of the coronavirus pandemic largely at his home in Georgia, and did not attend Joe Biden’s presidential inauguration in 2021, but extended his “best wishes”. Former first lady Rosalynn Carter, the closest adviser to Mr Carter during his term as US president, died in November 2023. She had been living with dementia and suffering many months of declining health. “Rosalynn was my equal partner in everything I ever accomplished,” Mr Carter said in a statement following her death. “She gave me wise guidance and encouragement when I needed it. As long as Rosalynn was in the world, I always knew somebody loved and supported me.”
Despite the flaws of ‘screen scraping,’ Ottawa should be thoughtful in how it phases it out