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Axa provided insurance cover for Notre-Dame artworks for a few million euros

Workers install temporary tarpaulins to protect Notre-Dame Cathedral from rain damage, a week after a massive fire devastated large parts of the gothic structure in Paris
Workers install temporary tarpaulins to protect Notre-Dame Cathedral from rain damage, a week after a massive fire devastated large parts of the gothic structure in Paris, France, April 23, 2019. REUTERS/Benoit Tessier

April 24, 2019

PARIS (Reuters) – French insurer AXA said on Wednesday that it had provided insurance coverage for a few artworks from Notre-Dame Cathedral for a maximum amount of a few million euros.

The insurer had said last week that it provided insurance for a few of the artworks and relics displayed in the cathedral, but had declined to specify the value of the contracts.

Jacques de Peretti, the chief executive of AXA’s French unit, said that “according to the information available, most of the artworks were preserved from the fire.”

AXA also provides an insurance for civil responsibility to two of the contractors who were working on Notre-Dame’s restoration. De Peretti added that the insurer’s maximum exposure to these contracts was “modest”.

The French state’s policy is to bear the cost of the reconstruction of historical monuments such as Notre-Dame Cathedral in the event of disasters, so neither AXA nor any other private insurer is exposed to the cost.

(Reporting by Inti Landauro; Editing by Sudip Kar-Gupta)

Source: OANN

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Asian shares hold near six-month high on hopes of dovish Fed

A man walks past an electronic stock quotation board outside a brokerage in Tokyo
A man walks past an electronic stock quotation board outside a brokerage in Tokyo, Japan, November 13, 2018. REUTERS/Toru Hanai

March 20, 2019

By Hideyuki Sano

TOKYO (Reuters) – Asian shares got off to a cautious start on Wednesday, holding close to six-month highs on hopes the U.S. Federal Reserve will stick to a dovish stance and unveil a plan to stop cutting bond holdings later this year.

MSCI’s broadest index of Asia-Pacific shares outside Japan ticked down 0.1 percent from a six-month high touched the previous day. Japan’s Nikkei was also down 0.1 percent.

Wall Street shares were narrowly mixed on Tuesday, with the S&P 500 losing 0.01 percent and the Nasdaq adding 0.12 percent.

The Federal Reserve, which is wrapping up its two-day policy review later on Wednesday, is expected to lower its policymakers’ rate projections from December, when their median expectations were for two rate hikes this year.

Since the beginning of year, Fed Chairman Jerome Powell has said the central bank would be patient – interpreted as code word for holding off on a rate hike – on signs of slowing economic growth in the United States and many parts of the world.

Financial markets have gone even further by pricing in a rate cut this year. Fed funds futures point to about a 30 percent chance of a cut by the end of year.

The Fed is also expected to lay out a plan to stop shrinking its $4 trillion balance sheet, or so-called quantitative tightening. Many policy makers have suggested the Fed is likely to conclude the process and stabilize its bond holdings by the end of this year.

“I think market consensus centers around an end in September but we expect the Fed to end its balance sheet rolloff in June, at around $3.85 trillion yen, based on our calculations on the amount of excess reserves the Fed will need,” said Shuji Shirota, head of macroeconomic strategy at HSBC Securities in Tokyo.

Expectations of a dovish Fed have dented the U.S. dollar, which has already been under pressure this year after Powell all but signaled a pause to the tightening cycle at the previous meeting.

The dollar’s index against a basket of six major currencies hit 2 1/2-week low of 96.288 on Tuesday and last stood at 96.390.

The euro traded at $1.1354, near Tuesday’s two-week high of $1.1362.

The dollar fetched 111.41 yen, slipping from Friday’s nine-day high of 111.90.

The British pound remained hostage to headlines on Brexit.

Prime Minister Theresa May is expected to ask the European Union to delay Brexit by at least three months after her plan to hold a third vote on her deal was thrown into disarray by a surprise intervention from the speaker of parliament.

May had earlier warned parliament that if it did not ratify her deal, she would ask to delay Brexit beyond June 30, a step that Brexit’s advocates fear would endanger the entire divorce.

On the other hand, the EU’s chief negotiator, Michel Barnier, has said an extension would only make sense if it increased the chances of May’s deal being ratified by Britain’s House of Commons.

Sterling last stood flat at $1.3265, off its nine-month peak of $1.3380 hit a week ago.

Market players held on to hopes of a trade deal between Washington and Beijing as officials from both sides remained locked in negotiations.

U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin plan to travel to China next week for another round of trade talks with Chinese Vice Premier Liu He, a Trump administration official said on Tuesday.

Oil prices held close to four-month highs on expectations that OPEC would continue production cuts through the end of the year and after data from the American Petroleum Institute (API) showed a surprise draw-down on crude inventories.

U.S. West Texas Intermediate (WTI) futures stood flat at $59.02 per barrel after touching its highest since November at $59.57 on Tuesday.

(Editing by Shri Navaratnam)

Source: OANN

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France guilty of abusing rights homeless people: U.N. rapporteur

Leilani Farha, UN Special Rapporteur on the Right to Housing, visits the gymnasium Roquepine occupied by dozens homeless families, in Paris
Leilani Farha, UN Special Rapporteur on the Right to Housing, arrives to visit the gymnasium Roquepine occupied by dozens homeless families helped by Right of Housing group DAL, during a ten day visit in France to examine housing rights and homelessness, in Paris, France, April 10, 2019. Picture taken April 10, 2019. REUTERS/Charles Platiau

April 12, 2019

By Julie Carriat and Jeevan Ravindran

PARIS (Reuters) – France is guilty of human rights abuses of homeless people and laws guaranteeing a home for all fail to protect the most vulnerable, a U.N. Special Rapporteur said on Friday.

France, like most European countries, has seen a rise in homelessness in the past decade, fueled by fallout from the global financial crisis and an influx of migrants from Africa and the Middle East.

More than 12,000 people sleep rough on the streets of France, according to the national statistics body INSEE.

In 2018, 566 homeless died nationwide, according to the charity Les Morts de la Rue which tracks homeless deaths. More than 100 of these were in Paris alone – over half the number of people who were murdered in New York City last year.

After visiting makeshift migrants camps in Paris and the port town of Calais, urban squats in Marseille and Roma settlements in dingy city outskirts, Rapporteur Leilani Farha called for an end to evictions that violated international law ensuring the right to adequate housing.

“Evictions that are happening throughout the country, in a variety of different contexts, are not happening in compliance with international human rights law,” Farha told Reuters.

“In Calais, I met a population of migrants who are certainly in a kind of trauma,” the Canadian lawyer added, criticizing police treatment of migrants sleeping in forests and on roadsides.

A government spokeswoman and a spokeswoman for the housing ministry did not respond to Reuters’ calls and text messages seeking comment.

French law enables residents eligible for social housing to go to court if they do not receive assistance, in the case of Paris within six months.

Every evening, Warner Boosper, 51, rolls out his bedding of used billboard posters and a thin blanket in a metro station in Paris’ 19th arrondissement after a day begging for small change and reading.

After serving a string of prison sentences for theft, he has lived on and off the streets for the last 19 years. “We’ve been asking for help for years, me and others,” said Warner, whose cell phone screensaver is a photo of two of his six children.

“So many people die of the cold,” he said. “People are made to believe they will be catered for, but actually they’re given nothing.”

Farha said many homeless people were not receiving elementary care.

“People are not even accessing the most basic emergency services”, Farha said. Calls to an national emergency shelter hotline were often not answered, she said.

France should focus on providing unconditional accommodation to the homeless, rather than moving them through different “levels” of shelters depending on their work, health and administrative status, the rapporteur said.

(Reporting by Julie Carriat and Jeevan Ravindran; Editing by Richard Lough and Alison Williams)

Source: OANN

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Where’s the cat WikiLeaks founder Julian Assange kept at Ecuadorian embassy in London?

Don’t worry, the cat is feline fine.

Julian Assange was carried out of the Ecuadorian embassy in London on Thursday after the South American nation revoked the WikiLeaks founder’s political asylum, ending his nearly seven-year stay there. Ecuador accused Assange of “repeatedly violating international conventions and protocol.”

As Assange was whisked away by British police, questions emerged about the 47-year-old’s feline, known as the “Embassy Cat,” who had been living with Assange since at least May 2016. Assange even created Twitter and Instagram profiles -- both called “Embassy Cat” -- where he had posted updates.

Julian Assange's cat sits behind a window at Ecuador's embassy in London, Britain in February 2018.

Julian Assange's cat sits behind a window at Ecuador's embassy in London, Britain in February 2018. (Reuters)

Turns out, Assange let his beloved pet go in November so he wouldn’t be trapped at the embassy anymore, Italian newspaper La Repubblica previously reported. The “isolation became unbearable” for the embassy cat and Assange allowing the feline to run free will give it “a healthier life.”

It's unclear where the cat is now.

WIKILEAKS FOUNDER JULIAN ASSANGE ARRESTED AFTER ECUADOR WITHDRAWS ASYLUM

Ecuador threatened in October to take the cat away if Assange didn’t follow a set of house rules that included cleaning the bathroom and other spaces he and his guests used in the embassy.

“Mr. Julian Assange will be responsible for the well-being, food, cleanliness and proper care of his pet. If due attention is not paid to the pet, the Head of Mission will request Mr. Assange to deliver the pet to another person or an animal shelter outside the Diplomatic Mission,” the memo to Assange stated.

The embassy cat’s social media bio still states, “I live in the Ecuadorian Embassy with Julian Assange : Interested in counter-purrveillance.”

PAMELA ANDERSON BLASTS BRITAIN, US AFTER JULIAN ASSANGE ARREST: 'HOW COULD YOU U.K.?'

Assange was arrested on charges of conspiracy to commit computer intrusion for aiding Chelsea Manning, a former U.S. Army analyst, in breaking a password stored on a U.S. Defense Department computer connected to a U.S. government computer network for classified documents and communications, the Justice Department said.

Julian Assange was arrested after Ecuador withdrew his asylum for “repeatedly violating international conventions and protocol.”

Julian Assange was arrested after Ecuador withdrew his asylum for “repeatedly violating international conventions and protocol.” (Getty Images)

“During the conspiracy, Manning and Assange engaged in real-time discussions regarding Manning’s transmission of classified records to Assange,” the Justice Department said. “The discussions also reflect Assange actively encouraging Manning to provide more information.  During an exchange, Manning told Assange that ‘after this upload, that’s all I really have got left.’ To which Assange replied, ‘curious eyes never run dry in my experience.’"

Assange faces a maximum of five years in prison if he’s convicted of the charge.

Fox News’ Ryan Gaydos contributed to this report.

Source: Fox News World

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Gillibrand and the New Faces of Moral Reform

Gillibrand and the New Faces of Moral Reform

AP Photo/Manuel Balce Ceneta

This early in the Democratic Presidential campaign, no one yet knows what the mood of the 2020 political season will be—whether it will reflect the angry, reactionary energy that put Trump in the White House, in 2016, or the progressive opposition that gave Democrats control of the House, in 2018.

Read Full Article »

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Alabama man gets 40 years for scalding 2 children in bathtub

An Alabama man accused of intentionally scalding two children in a bathtub has pleaded guilty and been sentenced to serve 40 years in prison.

News outlets report that 33-year-old Derrick Defoe pleaded guilty Monday to two counts of aggravated child abuse just before opening statements in his trial were set to begin. Other charges against him were dropped as part of a plea agreement.

The children's mother, Amanda Reyer, was sentenced in November to serve 40 years after she also pleaded guilty to two counts of aggravated child abuse. Reyer and Defoe were dating at the time of the 2015 scalding.

The 5-year-old boy and 2-year-old girl survived. Authorities have said the girl had burns over at least 70 percent of her body and her skin peeled off.

Source: Fox News National

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No sign yet of Trump’s tax returns, increasing likelihood of court fight

U.S. President Trump departs on travel to the Texas from the White House in Washington
U.S. President Donald Trump talks to reporters as he departs for travel to Texas from the White House in Washington, U.S., April 10, 2019. REUTERS/Kevin Lamarque

April 11, 2019

WASHINGTON (Reuters) – The likelihood of a court fight over President Donald Trump’s tax returns grew on Wednesday when the U.S. Treasury Department showed no sign of complying with a deadline set by Democratic legislators and Trump himself stuck to his refusal to publicly release them.

Republican Trump has consistently refused requests by politicians, journalists and others, stating his reason for not doing so is that the returns are under audit. Tax and legal experts have said, however, that an audit should not prevent their public release, a practice presidents have followed for decades.

With only hours left before a midnight deadline set for the Treasury Department by the Democratic-controlled U.S. House of Representatives tax committee, the panel said it had not received the returns.

The department, which has consulted with the White House on the panel’s demand, did not respond to requests for comment.

Democrats want to review Trump’s returns chiefly as part of their investigations into possible conflicts of interest posed by his continued ownership of extensive business interests even as he serves the public as president.

Republicans oppose release of the returns, arguing that it would politicize tax data. The returns of U.S. taxpayers are generally held as confidential by the Internal Revenue Service (IRS), which is part of the Treasury Department.

“There is a high likelihood this ends up in the courts, which is, in a way, unusual because typically when there’s a request like this by Congress, the matter is settled more politically with a compromise,” said Jessica Levinson, a professor at Loyola Law School in Los Angeles who specializes in political process law. “But in this case both sides have really dug in.”

Legal experts have said that little case law would be available to guide judges if Congress were to take the administration to court over the issue.

Asked about the matter on Wednesday, Trump once again said his tax returns were being audited by the IRS. “I would love to give them, but I’m not going to do it while I’m under audit. It’s very simple,” Trump told reporters.

House tax committee Chairman Richard Neal last week requested six years of Trump’s personal and business returns from the IRS, invoking a seldom-used law entitling him to make such a request.

Treasury Secretary Steven Mnuchin said in an interview on CNBC television on Wednesday that it was appropriate for his agency to consult with the White House counsel on Neal’s request. Mnuchin had said on Tuesday that Treasury Department lawyers had held “informational” discussions with the White House about an expected request for the returns, a step that Democrats criticized as uncalled for under the law.

Democrats say a 1924 statute requires the Treasury secretary to turn over tax returns to the chairmen of the congressional tax committees who ask for them for investigative purposes.

(Reporting by Steve Holland, Jason Lange, Tim Ahmann and Richard Cowan; additional reporting by Susan Heavey; writing by Meredith Mazzilli; editing by Bernadette Baum and Grant McCool)

Source: OANN

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Joe Biden’s brain surgeon said his former patient is “totally in the clear” as speculation over the candidate’s health — with Biden possibly becoming the oldest president in U.S. history — is likely to become a campaign issue.

The former vice president, who had been perceived by many as the strongest potential contender for the Democratic Party’s 2020 presidential nomination, formally announced his candidacy Thursday.

But Biden’s age – 76 – is expected to become a source of attacks from a younger generation of Democrats not because of obvious generational differences, but possibly for actual health concerns if Biden gets into office.

WHY THE MEDIA ARE CONVINCED JOE BIDEN WILL IMPLODE

Biden himself agreed last year that “it’s totally legitimate” for people to ask questions about his health if he decides to run for president, given his medical history — which has included brain surgery in 1988.

“I think they’re gonna judge me on my vitality,” Biden told “CBS This Morning.” “Can I still run up the steps of Air Force Two? Am I still in good shape? Am I – do I have all my faculties? Am I energetic? I think it’s totally legitimate people ask those questions.”

“I think they’re gonna judge me on my vitality. …  I think it’s totally legitimate [that] people ask those questions.”

— Joe Biden

But Dr. Neal Kassell, the neurosurgeon who operated on Biden for an aneurysm three decades ago, told the Washington Examiner that Biden appears to be “totally in the clear” — and even joked that the operation made Biden “better than how he was.”

“Joe Biden of all of the politicians in Washington is the only one that I’m certain has a brain, because I have seen it,” Kassell said. “That’s more than I can say about all the other candidates or the incumbents.”

“Joe Biden of all of the politicians in Washington is the only one that I’m certain has a brain, because I have seen it.”

— Dr. Neal Kassell

BIDEN’S CLAIM HE DIDN’T WANT OBAMA TO ENDORSE TRIGGERS MOCKERY

At the same time, however, Biden hasn’t been forthcoming about his health at least since 2008 when he released his medical records as a vice presidential candidate. The disclosure that time revealed some fairly minor issues such as an irregular heartbeat in addition to detailing previous operations, including removing a benign polyp during a colonoscopy in 1996, the outlet reported.

It remains unclear if Biden had more aneurysms. Some medical experts say that people who have had an aneurysm can have another one.

An aneurysm, or a weakening of an artery wall, can lead to a rupture and internal bleeding, potentially placing a patient’s life in jeopardy.

Biden won’t be the only Democrat grappling with old age. Sen. Bernie Sanders, another 2020 frontrunner, is currently 77 years old and agreed with Biden last year that their ages will be an issue in the race.

“It’s part of a discussion, but it has to be part of an overall view of what somebody is and what somebody has accomplished,” Sanders told Politico.

“Look, you’ve got people who are 50 years of age who are not well, right? You’ve got people who are 90 years of age who are going to work every day, doing excellent work. And obviously, age is a factor. But it depends on the overall health and wellbeing of the individual.”

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Sanders released his medical records in 2016, with a Senate physician saying in a letter that the senator was “in overall very good health.”

Source: Fox News Politics

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Cambodian authorities have ordered a one-hour reduction in the length of school days because of concerns that students and teachers may fall ill from a prolonged heat wave.

Education Minister Hang Chuon Naron said in an announcement seen Friday that the shortened hours will remain in effect until the rainy season starts, which usually occurs in May. The current heat wave, in which temperatures are regularly reaching as high as 41 Celsius (106 Fahrenheit), is one of the longest in memory.

Most schools in Cambodia lack air conditioning, prompting concern that temperatures inside classrooms could rise to unhealthy levels.

School authorities were instructed to watch for symptoms of heat stroke and urge pupils to drink more water.

The new hours cut 30 minutes off the beginning of the school day and 30 minutes off the end.

School authorities instituted a similar measure in 2016.

Source: Fox News World

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Explosions have rocked Britain’s largest steel plant, injuring two people and shaking nearby homes.

South Wales Police say the incident at the Tata Steel plant in Port Talbot was reported at about 3:35 a.m. Friday (22:35 EDT Thursday). The explosions touched off small fires, which are under control. Two workers suffered minor injuries and all staff members have been accounted for.

Police say early indications are that the explosions were caused by a train used to carry molten metal into the plant. Tata Steel says its personnel are working with emergency services at the scene.

Local lawmaker Stephen Kinnock says the incident raises concerns about safety.

He tweeted: “It could have been a lot worse … @TataSteelEurope must conduct a full review, to improve safety.”

Source: Fox News World

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The Wider Image: China's start-ups go small in age of 'shoebox' satellites
LinkSpace’s reusable rocket RLV-T5, also known as NewLine Baby, is carried to a vacant plot of land for a test launch in Longkou, Shandong province, China, April 19, 2019. REUTERS/Jason Lee

April 26, 2019

By Ryan Woo

LONGKOU, China (Reuters) – During initial tests of their 8.1-metre (27-foot) tall reusable rocket, Chinese engineers from LinkSpace, a start-up led by China’s youngest space entrepreneur, used a Kevlar tether to ensure its safe return. Just in case.

But when the Beijing-based company’s prototype, called NewLine Baby, successfully took off and landed last week for the second time in two months, no tether was needed.

The 1.5-tonne rocket hovered 40 meters above the ground before descending back to its concrete launch pad after 30 seconds, to the relief of 26-year-old chief executive Hu Zhenyu and his engineers – one of whom cartwheeled his way to the launch pad in delight.

LinkSpace, one of China’s 15-plus private rocket manufacturers, sees these short hops as the first steps towards a new business model: sending tiny, inexpensive satellites into orbit at affordable prices.

Demand for these so-called nanosatellites – which weigh less than 10 kilograms (22 pounds) and are in some cases as small as a shoebox – is expected to explode in the next few years. And China’s rocket entrepreneurs reckon there is no better place to develop inexpensive launch vehicles than their home country.

“For suborbital clients, their focus will be on scientific research and some commercial uses. After entering orbit, the near-term focus (of clients) will certainly be on satellites,” Hu said.

In the near term, China envisions massive constellations of commercial satellites that can offer services ranging from high-speed internet for aircraft to tracking coal shipments. Universities conducting experiments and companies looking to offer remote-sensing and communication services are among the potential domestic customers for nanosatellites.

A handful of U.S. small-rocket companies are also developing launchers ahead of the expected boom. One of the biggest, Rocket Lab, has already put 25 satellites in orbit.

No private company in China has done that yet. Since October, two – LandSpace and OneSpace – have tried but failed, illustrating the difficulties facing space start-ups everywhere.

The Chinese companies are approaching inexpensive launches in different ways. Some, like OneSpace, are designing cheap, disposable boosters. LinkSpace’s Hu aspires to build reusable rockets that return to Earth after delivering their payload, much like the Falcon 9 rockets of Elon Musk’s SpaceX.

“If you’re a small company and you can only build a very, very small rocket because that’s all you have money for, then your profit margins are going to be narrower,” said Macro Caceres, analyst at U.S. aerospace consultancy Teal Group.

“But if you can take that small rocket and make it reusable, and you can launch it once a week, four times a month, 50 times a year, then with more volume, your profit increases,” Caceres added.

Eventually LinkSpace hopes to charge no more than 30 million yuan ($4.48 million) per launch, Hu told Reuters.

That is a fraction of the $25 million to $30 million needed for a launch on a Northrop Grumman Innovation Systems Pegasus, a commonly used small rocket. The Pegasus is launched from a high-flying aircraft and is not reusable.

(Click https://reut.rs/2UVBjKs to see a picture package of China’s rocket start-ups. Click https://tmsnrt.rs/2GIy9Bc for an interactive look at the nascent industry.)

NEED FOR CASH

LinkSpace plans to conduct suborbital launch tests using a bigger recoverable rocket in the first half of 2020, reaching altitudes of at least 100 kilometers, then an orbital launch in 2021, Hu told Reuters.

The company is in its third round of fundraising and wants to raise up to 100 million yuan, Hu said. It had secured tens of millions of yuan in previous rounds.

After a surge in fresh funding in 2018, firms like LinkSpace are pushing out prototypes, planning more tests and even proposing operational launches this year.

Last year, equity investment in China’s space start-ups reached 3.57 billion yuan ($533 million), a report by Beijing-based investor FutureAerospace shows, with a burst of financing in late 2018.

That accounted for about 18 percent of global space start-up investments in 2018, a historic high, according to Reuters calculations based on a global estimate by Space Angels. The New York-based venture capital firm said global space start-up investments totaled $2.97 billion last year.

“Costs for rocket companies are relatively high, but as to how much funding they need, be it in the hundreds of millions, or tens of millions, or even just a few million yuan, depends on the company’s stage of development,” said Niu Min, founder of FutureAerospace.

FutureAerospace has invested tens of millions of yuan in LandSpace, based in Beijing.

Like space-launch startups elsewhere in the world, the immediate challenge for Chinese entrepreneurs is developing a safe and reliable rocket.

Proven talent to develop such hardware can be found in China’s state research institutes or the military; the government directly supports private firms by allowing them to launch from military-controlled facilities.

But it’s still a high-risk business, and one unsuccessful launch might kill a company.

“The biggest problem facing all commercial space companies, especially early-stage entrepreneurs, is failure” of an attempted flight, Liang Jianjun, chief executive of rocket company Space Trek, told Reuters. That can affect financing, research, manufacturing and the team’s morale, he added.

Space Trek is planning its first suborbital launch by the end of June and an orbital launch next year, said Liang, who founded the company in late 2017 with three other former military technical officers.

Despite LandSpace’s failed Zhuque-1 orbital launch in October, the Beijing-based firm secured 300 million yuan in additional funding for the development of its Zhuque-2 rocket a month later.

In December, the company started operating China’s first private rocket production facility in Zhejiang province, in anticipation of large-scale manufacturing of its Zhuque-2, which it expects to unveil next year.

STATE COMPETITION

China’s state defense contractors are also trying to get into the low-cost market.

In December, the China Aerospace Science and Industry Corp (CASIC) successfully launched a low-orbit communication satellite, the first of 156 that CASIC aims to deploy by 2022 to provide more stable broadband connectivity to rural China and eventually developing countries.

The satellite, Hongyun-1, was launched on a rocket supplied by the China Aerospace Science and Technology Corp (CASC), the nation’s main space contractor.

In early April, the China Academy of Launch Vehicle Technology (CALVT), a subsidiary of CASC, completed engine tests for its Dragon, China’s first rocket meant solely for commercial use, clearing the path for a maiden flight before July.

The Dragon, much bigger than the rockets being developed by private firms, is designed to carry multiple commercial satellites.

At least 35 private Chinese companies are working to produce more satellites.

Spacety, a satellite maker based in southern Hunan province, plans to put 20 satellites in orbit this year, including its first for a foreign client, chief executive Yang Feng told Reuters.

The company has only launched 12 on state-produced rockets since the company started operating in early 2016.

“When it comes to rocket launches, what we care about would be cost, reliability and time,” Yang said.

(Reporting by Ryan Woo; Additional reporting by Beijing newsroom; Editing by Gerry Doyle)

Source: OANN

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At least one person is reported dead and homes have been destroyed by a powerful cyclone that struck northern Mozambique and continues to dump rain on the region, with the United Nations warning of “massive flooding.”

Cyclone Kenneth arrived just six weeks after Cyclone Idai tore into central Mozambique, killing more than 600 people and displacing scores of thousands. The U.N. says this is the first time in known history that the southern African nation has been hit by two cyclones in one season.

Forecasters say the new cyclone made landfall Thursday night in a part of Mozambique that has not seen such a storm in at least 60 years.

Mozambique’s local emergency operations center says a woman in the city of Pemba was killed by a falling tree.

Source: Fox News World

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