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2025-01-18
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9 hand 30 people drowned every hour in 2021 globally, says WHO reportMid-inclination orbit provides more SAR-imaging opportunities at middle latitudes of the globe for ICEYE customers. HELSINKI, Finland , Dec. 21, 2024 /PRNewswire/ -- ICEYE, the global leader in SAR satellite operations for Earth Observation and persistent monitoring, announced today that it has launched two new satellites to its constellation of SAR satellites. Both satellites expand the availability of ICEYE's latest imaging technology to deliver additional 25 cm imaging capacity. The satellites were integrated via Exolaunch and launched as part of the Bandwagon-2 rideshare mission with SpaceX from Vandenberg Space Force Base in California, USA . Both satellites have established communication, and early routine operations are underway. With today's launch, ICEYE has successfully launched 40 satellites into orbit since 2018, with nine satellites launched in 2024 alone. The new SAR satellites were launched into mid-inclination orbits; compared to a polar orbit, these mid-inclination orbits provide more than twice the collection opportunities at middle latitudes of the globe. ICEYE customers have many areas of interest in these middle latitudes (+/- 45 degrees), and these customers will benefit from increased persistence over these regions. Customers with imaging interests outside these middle latitudes will continue to benefit from the frequent revisit enabled by ICEYE's dozens of satellites in polar orbits. ICEYE's unique mix of mid-inclination and polar orbits provides its customers with deep revisit capabilities for targets all around the globe. The new satellites will serve ICEYE's commercial missions as part of the world's largest SAR satellite constellation owned and operated by ICEYE. Rafal Modrzewski , CEO and Co-founder of ICEYE said: "This launch marks another significant milestone in ICEYE's ability to provide our customers with a rich diversity of collection opportunities. We bolster our industry-leading SAR constellation and expand our customers' collection opportunities in the areas most important to them." Today's launch is another step forward in ICEYE's steady drumbeat of innovative breakthroughs in Earth Observation. This year alone, ICEYE has, for example, introduced Dwell Precise, a new 25 cm imaging mode that offers its customers the highest-fidelity 25cm imaging capability, and adds advanced capability to ICEYE's line of Dwell products; launched an API that allows customers to directly task its SAR satellite constellation; and launched ICEYE Ocean Vision to provide actionable intelligence for maritime domain awareness. About ICEYE ICEYE delivers unparalleled persistent monitoring capabilities to detect and respond to changes in any location on Earth, faster and more accurately than ever before. Owning the world's largest synthetic aperture radar (SAR) satellite constellation, ICEYE provides objective, near real-time insights, ensuring that customers have unmatched access to actionable high-quality data, day or night, even in challenging environmental conditions. As a trusted partner to governments and commercial industries, ICEYE delivers intelligence in sectors such as insurance, natural catastrophe response and recovery, security, maritime monitoring, and finance, enabling decision-making that contributes to community resilience and sustainable development. ICEYE operates internationally with offices in Finland , Poland , Spain , the UK, Australia , Japan , UAE, Greece , and the US. We have more than 700 employees, inspired by the shared vision of improving life on Earth by becoming the global source of truth in Earth Observation. Media contact: [email protected] Visit www.iceye.com and follow ICEYE on LinkedIn and X for the latest updates and insights. SOURCE ICEYE

Leaders in and other trading partners are bracing for President-elect Donald Trump’s threatened 60% tariff on Chinese imports and 10% or 20% across-the-board tariffs. Weighing U.S. options, he should consider how the world has changed since he first ran for president on a protectionist platform and the connections between trade and security. Both Mr. Trump and President Biden continued the policies of their predecessors. President Barack Obama first blocked appointments to the Appellate Body, marginalizing the global consortium. Mr. Biden continued most Trump tariffs, and Mr. Trump will likely continue his predecessor’s new tariffs on electric vehicles, semiconductors and other strategically significant products. is reeling from a property meltdown and an exodus of foreign investment. The European Union is stuck in a web of excessive regulations and underinvestment in public infrastructure and private industry. Lethargic growth challenges European governments’ capacities to increase defense spending and implement measures to modernize their economies — only four of the world’s top 50 tech companies are European. , Russia, Iran and North Korea have forged a menacing axis. Mr. Biden led NATO expansion, assembled a latticework of security alliances and fostered technology cooperation in Asia. To prop up growth, is flooding its export markets with subsidized manufacturers and technology-packed, inexpensive EVs, thanks to state aid. mercantilist policies and a cheap currency — the World Bank estimates the exchange rate that would equate costs for goods in America and at 3.81, not its current 7.23 — trade deficits on the United States, hardly anchored in comparative advantages. Those distort resource allocation and retard rather than aid American growth. History indicates tariffs don’t raise domestic prices by their full amounts. The International Trade Commission estimated tariffs imposed on apparel and auto parts under Section 301 of the Trade Act, which permits presidents to impose duties in response to foreign unfair trade practices, increased import prices by 14.5% and 24.5%. But those raised competing domestic product prices by only 3.1% and 1.5%, combined domestic and import product prices by 4.3% and 2.3% and domestic production by 6.3% and 3%. Mr. Trump raised tariffs on $300 billion in Chinese imports from 2.7% to 17.5%, and calamity didn’t follow. The one-time impact on inflation was 0.3%. Until COVID-19, Mr. Trump’s first-term economy accomplished full employment and 2.8% annual growth. The overall effects of raising those tariffs further would depend on phasing in changes over several years, rebating tariffs to exporters, the treatment of third-country imports containing Chinese components and the European response. With steel and EVs, Europe followed suit to limit the diversion of Chinese products into its markets. would do as it is now with EVs: look to emerging markets such as Southeast Asia and Latin America. We’d be smart to better engage those nations too. Also, slower growth in would leave Beijing with fewer resources for its military buildup. Mr. Trump may have few choices but to act because Congress is growing restive. Bipartisan support has emerged to revoke permanent normalized trade relations with , which would impose the high tariffs mostly in place in the 1930s and generally fashioned for an economy as it was a century ago. He suggested that Chinese companies set up production here, but that could meet with state-level resistance. Virginia Gov. Glenn Youngkin recently removed his state from consideration for a battery plant by the joint venture between Ford and CATL. The United States should increase defense spending from 3% of gross domestic product to 5% to meet challenges from , Russia and Iran in the Pacific, Europe and the Middle East. Tripling the average tariff on Chinese goods — assuming half of Chinese imports phase out — might raise $90 billion. That’s hardly enough for new defense spending or to finance his promised tax cuts. Consequently, like it or not, Mr. Trump needs European military allies. The dealmaker may threaten them with 20% tariffs, but he’d be smart to use those to leverage the Europeans to prioritize building the integrated military capabilities they lack to more fully defend themselves with some American backstop. is making economic and strategic inroads in emerging economy markets with more technologically sophisticated products, sourcing raw materials and building ports, railways and other infrastructure. Broadly taxing U.S. trade with emerging markets, Japan and South Korea would only play into Asian strategy, limit markets for U.S. technology products — such as the artificial intelligence agent Agentforce developed by Salesforce — and reduce American influence with security partners in Asia. It would be better to establish an American sovereign wealth fund to leverage U.S. private investment in emerging markets and negotiate agreements establishing a trading system outside the without the benefit of Chinese participation, such as with Southeast Asia. More on that in a future column. Copyright © 2024 The Washington Times, LLC. . Click to Read More and View Comments Click to Hide

After withdrawing from AG consideration, Gaetz says he won't return to CongressTwo arrested for brandishing guns; 56 social media accounts displaying arms identified: Delhi PoliceLake Ridge students learned about circuits and computers while playing arcade games in the school's library last week. One local teacher is helping students take control of their STEAM education by handing them the controller. Lake Ridge Elementary STEAM Teacher Ryan Glenn transformed the school’s library into a video game arcade last week, in order to teach his third and fifth-grade students about electrical currents and computer circuits. In the library, Glenn used classroom invention kits that helped students design their own video game controllers. Then, the classes set up an arcade with the student-designed controllers by attaching them to laptops. Students used their creations to compete for gradewide high scores in games like Tetris and Flappy Dragon. The kits Glenn used for the classes are called ‘Makey Makey Invention Kits’, and consist of printed circuit boards and wires with alligator clips on the ends. When the clips are connected to certain spots on the circuit boards on one end and something conductive on the other end–like a banana or a ball of Play-Doh–they can be used to make keystrokes or mouse clicks on a computer. Students designed their own video-game controllers and then used them to compete in games like Tetris and Flappy Dragon. Third-grader Bora Cambaz sailed to the top of the leaderboard Tuesday with a high score in a game called Cake Stacker. He said the most difficult part was remembering to keep a finger on the Play-Doh ball that served as a ground for the controller so the circuit would be completed when he pressed a button. “We’ve learned a lot about circuits,” he said. “You have to keep touching the ground so the electricity can flow all the way through.” Emma Le, also a third grader, said the most fun part of the lesson was playing in an arcade during school hours. “I play games at home, mostly Roblox, but this is the first time we played games during class,” she said. “I got a high score in Flappy Dragon.” Glenn borrowed the Makey Makey kits from Indian Trail teacher Carleton Lyon, who asked Johnson City Schools to purchase them as educational tools to supplement lessons about technology. Glenn wanted to thank the district and Lyon for making the kit’s available for all the district’s STEAM instructors. “They’re great tools for giving kids hands-on experience with circuits and computers,” he said. “It’s one thing to teach about the flow of electrons, but when they can hook up wires and see things happen when they complete a circuit, it really gets them into it.” With the invention kits, anything conductive can be used to complete a circuit. Some of the controllers in the arcade used Play-Doh.

New military vessel launched in B.C. bears illustrious naval nameStocks wavered on Wall Street in afternoon trading Thursday, as gains in tech companies and retailers helped temper losses elsewhere in the market. The S&P 500 was down less than 0.1% after drifting between small gains and losses. The benchmark index is coming off a three-day winning streak. The Dow Jones Industrial Average was up 6 points, or less than 0.1%, as of 1:52 p.m. Eastern time. The Nasdaq composite was down less than 0.1%. Trading volume was lighter than usual as U.S. markets reopened after the Christmas holiday. Chip company Broadcom rose 2.9%, Micron Technology was up 1% and Adobe gained 0.8%. While tech stocks overall were in the green, some heavyweights were a drag on the market. Semiconductor giant Nvidia, whose enormous valuation gives it an outsize influence on indexes, slipped 0.1%. Meta Platforms fell 0.7%, Amazon was down 0.6%, and Netflix gave up 1.1%. Tesla was among the biggest decliners in the S&P 500, down 1.9%. Health care stocks helped lift the market. CVS Health rose 1.7% and Walgreens Boots Alliance rose 3% for the biggest gain among S&P 500 stocks. Several retailers also gained ground. Target rose 2.8%, Best Buy was up 2.2% and Dollar Tree gained 2.7%. Retailers are hoping for a solid sales this holiday season, and the day after Christmas traditionally ranks among the top 10 biggest shopping days of the year, as consumers go online or rush to stores to cash in gift cards and raid bargain bins. U.S.-listed shares in Honda and Nissan rose 4% and 16%, respectively. The Japanese automakers announced earlier this week that the two companies are in talks to combine. Traders got a labor market update. U.S. applications for unemployment benefits held steady last week , though continuing claims rose to the highest level in three years, the Labor Department reported. Treasury yields turned mostly lower in the bond market. The yield on the 10-year Treasury fell to 4.57% from 4.59% late Tuesday. Major European markets were closed, as well as Hong Kong, Australia, New Zealand and Indonesia. Trading was expected to be subdued this week with a thin slate of economic data on the calendar. Still, U.S. markets have historically gotten a boost at year’s end despite lower trading volumes. The last five trading days of each year, plus the first two in the new year, have brought an average gain of 1.3% since 1950. So far this month, the U.S. stock market has lost some of its gains since President-elect Donald Trump’s win on Election Day, which raised hopes for faster economic growth and more lax regulations that would boost corporate profits. Worries have risen that Trump’s preference for tariffs and other policies could lead to higher inflation , a bigger U.S. government debt and difficulties for global trade. Even so, the U.S. market remains on pace to deliver strong returns for 2024. The benchmark S&P 500 is up roughly 26% so far this year and remains near its most recent all-time high it set earlier this month — its latest of 57 record highs this year. Wall Street has several economic reports to look forward to next week, including updates on pending home sales and home prices, a report on U.S. construction spending and snapshots of manufacturing activity. AP Business Writers Elaine Kurtenbach and Matt Ott contributed.

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