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CS Northridge 89, Utah Tech 79Howard Tan's Amazon Bestseller 'A.I Trading Secret' Empowers Traders with AI-Driven Strategies 12-03-2024 09:46 PM CET | Business, Economy, Finances, Banking & Insurance Press release from: Getnews / PR Agency: Spine PR Through creative AI technology, Howard Tan's latest book provides readers with a road to profitable, emotionally free Forex trading. Rising to Amazon bestseller rank, Howard Tan's innovative book A.I Trading Secret: How To 10X Your Money While You Sleep [ https://www.amazon.com/I-Trading-Secret-Money-While-ebook/dp/B0DFZVZNMQ/ ] offers traders a thorough manual for using artificial intelligence for consistent Forex trading success. Image: https://www.globalnewslines.com/uploads/2024/11/6eb45e04f2ace6dfe1e21a3b97f756d9.jpg Based on more than 15 years of trading experience, Howard Tan presents readers to AI-powered trading bots meant to avoid emotional decision-making-a typical mistake for many traders. With just 15 minutes of daily dedication, the book describes a "Set & Forget" approach that helps anybody to participate in lucrative trading. Howard Tan noted in writing "In writing A.I Trading Secret, I aimed to bridge the gap between complex trading systems and a straightforward, reliable approach that anyone can implement". "This book reflects my path to reach financial independence while preserving a balanced life." Offering step-by-step advice to negotiate the complexity of Forex trading, the book is designed for a varied audience including young people, professionals, homemakers, retirees. Readers will receive thorough examples and useful advice, therefore enabling individuals without prior knowledge to acquire advanced trading ideas. Apart from the book, Howard is the creator of Mi-15Forex [ https://mi15forex.com/ ], an international brand meant to inform traders all around. His goal is to enable 10,000 traders using AI-driven trading techniques to reach financial independence. To further improve traders' outcomes, he also provides mentorship, coaching, and consulting. Available on Amazon is A.I Trading Secret: How To 10X Your Money While You Sleep. Visit Mi-15Forex for additional details. Connect with Howard Tan on Facebook [ https://www.facebook.com/profile.php?id=61551052976624 ] and sign up for the Newsletter of Turtle Investing [ https://howards-newsletter-001.beehiiv.com/ ] for most recent developments. About Howard Tan Howard Tan is a seasoned Forex trader and AI enthusiast with over a decade of experience. He specializes in developing trading strategies that simplify the trading process, helping traders of all levels reduce emotional pitfalls. His book, A.I Trading Secret: How To 10X Your Money While You Sleep, has garnered acclaim as an Amazon bestseller, guiding readers to automate their trading and achieve financial independence. Media Contact Company Name: Next Level Academy Contact Person: Howard Tan Email: Send Email [ http://www.universalpressrelease.com/?pr=howard-tans-amazon-bestseller-ai-trading-secret-empowers-traders-with-aidriven-strategies ] Phone: +6597719422 Address:10 Anson Rd, #18-13 International Plaza State: Singapore 079903 Country: Singapore Website: https://nextlevelacademy.io This release was published on openPR.Romanian nationalist Calin Georgescu has surprised observers by likely topping the first round of the country’s presidential election, according to provisional results. With more than 80 percent of ballots counted, in the early hours of Monday Georgescu, who has gained traction for his anti-Ukraine war stance, holds 22.1 percent of the vote, narrowly ahead of sitting Prime Minister Marcel Ciolacu, who follows with just over 22 percent. Georgescu, an ultra-religious and nationalist figure, has campaigned on reducing Romania’s reliance on imports and boosting domestic food and energy production. He has been a vocal critic of Bucharest’s role in the ongoing Ukraine conflict, arguing that NATO and the EU do not represent Romanian interests and suggesting that the war is being manipulated by American military companies. The shock result has upended expectations, as Elena Lasconi – billed as a ‘reformer’ – was initially predicted to make it into the runoff, but now trails at 15.3 percent. Far-right candidate George Simion, also considered a strong contender, lags behind with 14.8 percent support. The final composition of the runoff is still uncertain as further ballots are counted. Georgescu’s views have struck a chord with a significant portion of the electorate, but have also drawn heavy criticism, particularly for his past support of Romania’s 20th-century fascist Legionary Movement. A relative political outsider, he has leveraged social media platforms like TikTok to rally voters, capitalizing on dissatisfaction with the political establishment. He has garnered a sizable following, particularly among those disillusioned with the current government’s foreign policy. Voter turnout for the election was 52.5 percent, slightly higher than in the 2019 presidential race. The second round of voting is scheduled for December 8, following Romania’s parliamentary elections next Sunday.
BRADFORD district hospitals made more than £2m in parking charges in 2023-24, new figures have revealed. Figures from NHS England reveal that Bradford Teaching Hospitals NHS Foundation Trust earned £1.2 million in car parking fees in the year to March 2024. Of this, £488,000 was from parking for staff, with the remaining £684,000 for patients and visitors. Meanwhile, the data shows the trust spent £170,000 on parking services over the same period, meaning in total it made £1 million from parking. Parking at Airedale Hospital (Image: Newsquest) Figures also revealed that Airedale NHS Foundation Trust earned £1.3 million in car parking fees during the same period. Of this, £47,000 was from parking for staff, with the remaining £1.2 million for patients and visitors. Airedale spent £73,000 on parking services over the same period, meaning in total it made £1.2 million from parking. A union representative has said hospital workers are “on their knees” and charging them to park is like “kicking them when they are down”. Both Bradford and Airedale representatives have said that the fees are used to maintain parking facilities, with surplus reinvested back into patient care. Bradford Teaching Hospitals also said its staff car parking charges are one of the lowest across the NHS. A spokesperson said: “Car parking charges at Bradford Teaching Hospitals cover the costs of maintaining and operating our parking facilities. “This includes upkeep, security, lighting and other associated services, ensuring these facilities remain safe and accessible for all users. “Any surplus generated from parking fees is reinvested back into patient care. “We always aim to keep charges as low as possible. Our staff car parking charges remain one of the lowest across the NHS and are significantly reduced compared to public parking rates. “Free parking is available for staff working overnight shifts.” A spokesperson for the Airedale NHS Foundation Trust said: “Revenue from car parking is reinvested into the maintenance and safety of our car parks, and any surplus is invested in patient services. “We've installed electric car charging points for staff, patients and visitors to support sustainability. “We regularly upgrade our CCTV and security, making parking safer for patients, visitors and staff. “We have also installed car park information screens to inform people which car parks have available spaces around the site. “Our recently upgraded electronic car parking system is a more sustainable, environmentally friendly system, which has moved from the outdated plastic chip coin system to ANPR to allow entry into the car parks. “We have recently built a 100-space deck car park for staff, which opened last summer, to make it easier for our staff and therefore our patients to park: alleviating pressure on the spaces across the site and helping patients to get to their appointments on time.” The figures show there were 2,612 available parking spaces across Bradford Teaching Hospitals Trust and 1,826 available parking spaces at Airedale Hospital. Across England, NHS trusts made a net revenue of £165.6m from parking charges. This was from a total of £242.8m in car parking fees, after spending £77.2m to run parking services. This included £70.5m charged to NHS staff. GMB, a union which represents thousands of NHS staff, says workers deserve better. The union's national secretary, Rachel Harrison, said NHS workers have suffered "rocketing workloads, chronic understaffing and the fallout from a global pandemic". She said: "Health workers are on their knees – they need help and support. Charging them to park is kicking them while they are down." The GMB is calling on the Government and NHS employers to scrap staff car parking charges. Patricia Marquis, executive director for England of the Royal College of Nurses, said: "Nursing staff provide a vital public service and often work unsocial hours and in places where public transport is not always possible. "They shouldn’t be forced to spend a significant portion of their wages just to park at work." She added all staff should be able to access "safe, sustainable and affordable" transport, and urged employers and local authorities to work together on the issue. NHS England said revenue from parking is put towards other services provided by trusts. A Department of Health and Social Care spokesperson said: "Hospital car park charges are the responsibility of individual NHS trusts, however any charges must be reasonable and in line with the local area. "Free parking is available for all NHS staff who work overnight."
Dillon Gabriel was faced with a quandary when he arrived at Oregon this year. Gabriel had worn No. 8 at Oklahoma before transferring for his sixth season of eligibility. But in Eugene, that number had special significance because it had been worn by Heisman Trophy winner Marcus Mariota. There were many similarities between the two: They were both dual-threat quarterbacks who had piled up accolades along with yards and touchdowns. Both hailed from Hawaii and were shaped by the island spirit. Mariota chose the No. 8 initially because of the number of Hawaiian islands. His helmet's facemask was formed in an 808, Hawaii's area code. So Gabriel took a leap of faith and texted Mariota to ask his permission. Mariota, now with the NFL's Washington Commanders, said yes. "You know, when you’re growing up and you have that kind of direct example, a guy from Hawaii, playing at a high level, at the DI level, and then you see him go to the NFL, it’s like you can see it, you can believe it,” Gabriel said. Gabriel has led the top-ranked Ducks (12-0, 9-0 Big Ten) through an undefeated season and on to the Big Ten title game on Saturday against No. 4 Penn State (11-1, 8-1) in Indianapolis. Gabriel — who played his first three years at Central Florida before joining the Sooners — became the all-time NCAA leader for total career touchdowns along the way and now has 183, including 149 via pass, 33 via rush and one reception. He's tied with former Oregon quarterback Bo Nix — now with the Denver Broncos — with an FBS-record 61 career starts. Ever humble, Gabriel is thoughtful about the arc of his career. "I think we’re in an interesting time that’s all about results. And so many people talk about the process but aren’t patient enough. I think if you look at my body of work, I’m a guy who’s eager and wants to get better but has had that time to develop and work in that way. I think you see it over time," Gabriel said. As a Duck, Gabriel has thrown for 3,277 yards and 24 TDs in 12 games. He's rushed for seven more scores. Mariota spent his three-year college career at Oregon, throwing for 104 touchdowns and running for 29 more. He was the Ducks' quarterback in the 2014 season, the last time Oregon advanced to the national championship game. "I mean, everybody would love to run out there with the experience that we have at quarterback right now,” Oregon coach Dan Lanning said. “And I think that experience shows up consistently every Saturday for us. More than anything, just the ability for Dillon to be calm within the chaos that exists in a football game, and being a great decision-maker and understanding the scheme.” The only other time Oregon finished the regular season 12-0 was in 2010, when the Ducks played for the BCS national championship. Among the team's victories this season was a 32-31 win at home over Ohio State and a 38-17 victory over Michigan at the Big House. The Ducks capped the season with a 49-21 victory over rival Washington , finishing 9-0 in their first Big Ten year. Gabriel threw for a pair of touchdowns and ran for another in that game. The Nittany Lions advanced to the conference title game with a 44-7 victory over Maryland on Saturday. They were helped by Ohio State’s 13-10 loss to Michigan in Columbus. Oregon has played the Nittany Lions just one other time, in the 1995 Rose Bowl. Penn State, led by Joe Paterno, won that one, 38-20. The winner in Indianapolis this weekend can secure a first-round bye in the expanded 12-team playoffs. Both teams are assured of a playoff berth even with a loss. On Tuesday, Gabriel added another honor when he was named Big Ten offensive player of the year. "He’s earned the trust and the admiration of all his teammates and the coaches around him," Lanning said. "This guy prepares extremely hard. He is the calmest dude you’ve ever been around on the field, which is impressive, but I’m really proud of him and what he’s been able to do for this team.” Get poll alerts and updates on the AP Top 25 all the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football7.0 earthquake off Northern California prompts brief tsunami warning
World agrees to climate deal on financial aid for developing countries after summit nearly implodesS&P/TSX composite index rises Tuesday, U.S. markets mixed TORONTO — Strength in base metal stocks helped lift Canada's main stock index Tuesday, while U.S. stock markets were mixed. Markets took on a cautious tone Tuesday, said Greg Taylor, chief investment officer at Purpose Investments. Rosa Saba, The Canadian Press Dec 3, 2024 1:49 PM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message Bank towers are pictured in the financial district in Toronto, Friday, Sept. 8, 2023. THE CANADIAN PRESS/Andrew Lahodynskyj Listen to this article 00:01:34 TORONTO — Strength in base metal stocks helped lift Canada's main stock index Tuesday, while U.S. stock markets were mixed. Markets took on a cautious tone Tuesday, said Greg Taylor, chief investment officer at Purpose Investments. “We had a super strong month of November across the board, and then yesterday was kind of a bit of a give back,” he said, noting that weakness in commodities held the TSX back on Monday. The S&P/TSX composite index closed up 45.40 points on Tuesday at 25,635.73. In New York, the Dow Jones industrial average was down 76.47 points at 44,705.53. The S&P 500 index was up 2.73 points at 6,049.88, while the Nasdaq composite was up 76.96 points at 19,480.91. In Canada, Scotiabank was the first major bank to report earnings, with the rest to come in short order as the sector caps off earnings season. The bank saw its earnings rise year-over-year, and it set aside a smaller sum for loan losses than it did a year ago. However, its profit came in below analyst expectations, and Scotiabank said it expects continued pressure on loan growth in the coming months. Scotiabank’s share price fell more than three per cent, but Taylor said that was likely investors taking some profit after a strong several months for the stock. “There’s not a lot of expectations for any fireworks from the banks this week,” he said. In the U.S., a report showed U.S. employers advertised slightly more job openings at the end of October than they did the month before, ahead of the monthly jobs report at the end of the week. The U.S. Federal Reserve is set to make its last interest rate decision of the year later this month. “The payroll number Friday is going to be interesting to watch,” said Taylor. “It's certainly a case that if you did get a really strong number, you might get some people putting into question the need for another rate cut at this meeting.” But while economic strength and the promised policies of president-elect Donald Trump could mean fewer rate cuts than previously expected in 2025, Taylor said a cut from the Fed later this month is a “foregone conclusion.” In Canada, where the economy hasn’t weathered high rates as well, another cut is expected next week from the central bank, said Taylor. However, if the Fed does pull back on cuts in the coming year, Canada may have to move with more caution, he said, as the divergence could put further downward pressure on the loonie. The Canadian dollar traded for 71.14 cents US, compared with 71.14 cents US on Monday. The January crude oil contract was up US$1.84 at US$69.94 per barrel and the January natural gas contract was down 17 cents at US$3.04 per mmBTU. The February gold contract was up US$9.40 at US$2,667.90 an ounce and the March copper contract was up 13 cents at US$4.20 a pound. — With files from The Associated Press This report by The Canadian Press was first published Dec. 3, 2024. Companies in this story: (TSX:GSPTSE, TSX:CADUSD) Rosa Saba, The Canadian Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message More National Business Saskatchewan introduces legislative amendment to keep carbon levy off home heating Dec 3, 2024 2:31 PM Plan to add resources to border will come before Trump inauguration: LeBlanc Dec 3, 2024 2:31 PM Is Enron back? If it's a joke, some former employees aren't laughing Dec 3, 2024 2:28 PM Featured Flyer
Manila: The Philippines Vice President Sara Duterte said she has contracted an assassin to kill the president, his wife and the House of Representatives speaker if she herself is killed, in a brazen public threat that she warned was not a joke. Executive Secretary Lucas Bersamin referred the “active threat” against President Ferdinand Marcos Jr to an elite presidential guards force “for immediate proper action”. It was not immediately clear what actions would be taken against the vice president. Vice President Sara Duterte’s threat was taken seriously, though she later tried to walk back the remarks. Credit: AP The Presidential Security Command boosted Marcos’ security and said it considered the vice president’s threat, which was “made so brazenly in public”, a national security issue. The presidential security force said it was “coordinating with law enforcement agencies to detect, deter, and defend against any and all threats to the president and the first family.” Duterte, a lawyer, later tried to walk back her remarks and said they were not an actual threat but only an expression of concern over an unspecified threat to her own life. “If I expressed the concern, they will say that’s a threat to the life of the president?” she said. President Ferdinand Marcos Jr and his wife Louise Araneta. Credit: AP “Why would I kill him if not for revenge from the grave? There is no reason for me to kill him. What’s the benefit for me?” Duterte told journalists. Under the Philippines penal code, such public remarks may constitute a crime of threatening to inflict a wrong on a person or his family and is punishable by a jail term and fine. The Philippines Constitution says that if a president dies, sustains a permanent disability, is removed from office or resigns, the vice president takes over and serves the rest of the term. Marcos ran with Duterte as his vice-presidential running mate in the May 2022 elections and both won with landslide victories after a campaign calling for national unity. The two leaders and their camps, however, rapidly had a bitter falling-out over key differences, including in their approaches to China’s aggressive actions in the disputed South China Sea. Duterte resigned from the Marcos cabinet in June as education secretary and head of an anti-insurgency body. Like her equally outspoken father, former President Rodrigo Duterte, the vice president became a vocal critic of Marcos, his wife Liza Araneta Marcos and House Speaker Martin Romualdez, the president’s ally and cousin, accusing them of corruption, incompetence and politically persecuting the Duterte family and its close supporters. Her latest tirade was set off by the decision of House members allied to Romualdez and Marcos’ to detain her chief of staff, Zuleika Lopez, who was accused of hampering a congressional inquiry into the possible misuse of her budget as vice president and education secretary. Lopez was later transferred to a hospital after falling ill and wept when she heard of a plan to temporarily lock her up in a women’s prison. In a pre-dawn online news conference, an angry Sara Duterte accused Marcos of incompetence as a president and of being a liar, along with his wife and the House speaker in expletives-laden remarks. President Ferdinand Marcos jnr poses with Vice President Sara Duterte after his swearing-in ceremony in 2022. Credit: Getty When asked about concerns over her security, the 46-year-old suggested there was an unspecified plot to kill her. “Don’t worry about my security because I’ve talked with somebody. I said, ‘If I’m killed, you’ll kill BBM, Liza Araneta and Martin Romualdez. No joke, no joke,’” the vice president said without elaborating and using the initials many use to call the president. “I’ve given my order, ‘If I die, don’t stop until you’ve killed them.’ And he said, ‘Yes,’” the vice president said. Amid the political divisions, military chief General Romeo Brawner issued a statement assuring that the 160,000-member Armed Forces of the Philippines would remain nonpartisan “with utmost respect for our democratic institutions and civilian authority”. “We call for calm and resolve,” Brawner said. “We reiterate our need to stand together against those who will try to break our bonds as Filipinos.” Rodrigo Duterte, Marcos’ predecessor and the vice president’s father, was behind a police-enforced anti-drugs crackdown as a city mayor and later as president that left thousands of mostly petty drug suspects dead in killings that the International Criminal Court has been investigating as a possible crime against humanity. The former president denied authorising extrajudicial killings under his crackdown but has given conflicting statements. He told a public Senate inquiry last month that he had maintained a “death squad” of gangsters to kill other criminals when he was mayor of southern Davao city. AP Get a note directly from our foreign correspondents on what’s making headlines around the world. Sign up for the weekly What in the World newsletter here .
ALEXANDRIA: Black dust coats streets and collects on rooftops in the neighbourhood adjoining a sprawling cement factory in the Egyptian city of Alexandria . Activists and local residents accuse the plant operated by the Alexandria Portland Cement Company (APCC), a subsidiary of Greece’s Titan Cement, of fouling the air by burning coal. "Every night, we see particles falling from their chimneys. Under street lights, you can clearly see the dust raining down," said Mostafa Mahmoud, a grocery store owner in the Wadi al-Qamar neighbourhood. Reuters could not independently verify the assertion. Titan Cement says the plant's emissions are within legal limits, and it plans to reduce its use of coal in coming years. Like many cement manufacturers in Egypt and across North Africa, the factory uses imported coal to fire its kilns. Lately, more and more of the region's coal is coming from the United States, according to U.S. export data. 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Some are seeking to get the question of how to do this onto the agenda at future climate summits. A landmark agreement reached in Paris in 2015 to fight climate change requires countries to set targets and report on progress reducing national levels of planet-warming greenhouse gas emissions. But it does not impose such requirements for emissions generated from fossil fuels they drill, mine and ship elsewhere. That has allowed countries like the United States, Norway, Australia and others to say they are making progress toward international climate goals while also producing and exporting fossil fuels at breakneck pace, said Bill Hare, co-founder of Climate Action Tracker, an independent scientific project that tracks government climate action. "Most of these fossil-fuel-exporting countries can get to look good with their domestic climate action," he said on the sidelines of the COP29 conference in Baku this week. "Their exported emissions are someone else's problem." U.S. fossil fuel exports – including coal, oil, gas and refined fuels – led to over 2 billion tons of carbon dioxide equivalent emissions in other countries in 2022, according to a calculation carried out by Climate Action Tracker and verified by Reuters using data from the International Energy Agency. That is equivalent to about a third of U.S. domestic emissions, the data showed. A years-long drilling boom has made the U.S. the world’s top oil and gas producer, while robust demand has lifted its coal exports for four years running, according to data from the U.S. Energy Information Administration (EIA). Asked how Washington squares its climate ambitions with its fossil fuel production and exports, President Joe Biden's climate adviser, Ali Zaidi, said strong energy output was needed to keep consumer prices low during a transition to cleaner fuels. "I don't think there is social license for a decarbonisation playbook that puts upward price pressure for retail consumers in the marketplace," Zaidi told Reuters. Incoming president Donald Trump, a climate change sceptic, has said he wants to further boost the nation's fossil fuel production. For other producers, greenhouse gas emissions from fossil fuel exports sometimes outweigh domestic emissions, Climate Action Tracker said. That was true for Norway, Australia and Canada in 2022, the most recent year for which data is available for all countries analysed. Reuters obtained exclusive access to the calculations. Norway's Ministry of Climate and Environment said it is up to other nations to manage their own carbon footprints. "Each country is responsible for reducing its own emissions," the ministry said in a statement to Reuters. Officials at the environment and climate ministries of Canada and Australia did not comment. Addressing the summit in Azerbaijan, host President Ilham Aliyev accused some Western politicians of double standards for lecturing his government about its oil and gas use, saying, "They better look at themselves." Cement and brickmakers Most U.S. gas exports now go to European countries seeking to reduce dependence on Russia, while China has become one of the top buyers of U.S. crude and coal, according to the EIA figures. America's biggest growth market for coal, however, is North Africa. U.S. coal mines exported around 52.5 million short tons globally in the first half of 2024, up nearly 7% from the same period a year ago, the data showed. Much of the increase was driven by cement and brickmakers in Egypt and Morocco, which together took in more than 5 million short tons over the period, the EIA said in a recent report. "These customers value the high heat content of U.S. thermal coal, which makes their manufacturing operations more efficient," the report said. Meanwhile, U.S. domestic coal use has been sliding as cheap natural gas and subsidies for renewables like solar and wind drive coal-fired power plant closures, extending a more than 15-year decline in greenhouse gas emissions. Egypt's cement industry has relied on imported coal for nearly a decade, since persistent natural gas shortages forced many factories to look for alternatives, said Ahmed Shireen Korayem, vice chairman and board member at the Arab Union for Cement and Building Materials, a regional industry body. The U.S. is Egypt's largest supplier, accounting for 3.1 million of the 6.6 million metric tons of coal imported this year, according to data from the London Stock Exchange Group. Russia supplied most of the rest, 2.1 million metric tons. Its environment ministry referred questions to the foreign ministry, which did not immediately comment. Activists argue that the Egyptian government's decision to lift a longstanding ban on coal imports in 2015 to support an industry central to its economic development plans is harmful to the environment and health of communities like Wadi al-Qamar. Using data from the Alexandria plant's emissions-monitoring system, researchers from Egypt's Al-Azhar University, Cairo University and environment ministry simulated the dispersion of polluting dust and toxic gases between 2014 and 2020. The study, published in the Journal of Environmental Health Science and Engineering in 2022, concluded that the shift from using natural gas to coal as the dominant fuel lead to increased emissions and concentrations of total suspended particulates (TSP), nitrogen dioxide and sulfur dioxide. The concentrations were mostly within legal limits, however. Egypt’s greenhouse gas emissions from burning fossil fuels rose by more than a fifth in the decade ended in 2022, hitting 263 million metric tons of carbon dioxide, according to data from the Global Carbon Budget, a project led by Britain's Exeter University. Most of these emissions came from gas and oil, which remain Egypt's main energy sources. Coal accounted for 3.4% of the 2022 total, 9 million metric tons. The government committed in 2021 to phase out the use of coal and has asked companies that use it to introduce more renewable sources into their energy mix. But Heba Maatouk, a spokesperson for Egypt's environment ministry, said there was insufficient supply of alternatives, such as refuse-derived fuel (RDF) made from combustible trash. "If companies cannot get the RDF, they won't stop operating and will use coal to avoid losses," Maatouk told Reuters. Legal battles Decarbonising the cement industry is a challenge, particularly in poorer developing nations like Egypt, because it requires vast amounts of energy, and technologies to keep emissions from the atmosphere are expensive. In his COP29 address last week, Egyptian Prime Minister Mostafa Madbouly said his country's plans to boost renewable energy to 42% of its power mix by 2030 depend on foreign support. Residents in the Wadi al-Qamar neighborhood have been engaged in a prolonged legal battle with the Alexandria cement factory, APCC, filing multiple lawsuits, said Hoda Nasrallah, a lawyer for the Egyptian Initiative for Personal Rights (EIPR). In 2016, community members backed by EIPR asked an administrative court in Alexandria to overturn amendments to the country's environmental regulations that allow heavy industries to use coal on health and environmental grounds, according to the rights group. APCC officials did not respond to a request for comment made through a legal representative. Titan Cement confirmed that the factory sources coal from the U.S. but did not elaborate. In a statement issued by its group corporate communications director, Lydia Yannakopoulou, the company said the plant had not violated any laws, had made 40 million euros in investments in pollution controls since 2010, and planned to reduce its use of coal in coming years as it ramps up use of alternatives. She said a court-appointed committee of experts from Alexandria University concluded there were no environmental violations resulting from the company’s emissions or operational processes, and the emissions were within legal limits. Nasrallah said lawyers representing the community believe the committee was headed by a company employee and have taken their case to Egypt's highest administrative court in Cairo. Neither side provided a copy of the committee's report, and Reuters could not independently verify their assertions. A ruling in the case is expected in December. Meanwhile, frustration is building among nearby residents like Hisham al-Akary, who says his family has lived in Wadi al-Qamar for generations and cannot afford to move. "This factory shouldn’t be here," he told Reuters. "We should stay, and they should leave." Nominations for ET MSME Awards are now open. The last day to apply is November 30, 2024. Click here to submit your entry for any one or more of the 22 categories and stand a chance to win a prestigious award.Estes Rockets Partners with SpaceX
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