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India and the United States are taking significant strides in enhancing their space collaboration, with a focus on human spaceflight, joint exploration initiatives, and strengthening commercial ties. Officials from both nations met in Houston to strategize next steps, marking new milestones in the swiftly expanding space economy. US Principal Deputy National Security Advisor Jon Finer, Deputy Secretary of State Kurt Campbell, and Indian Ambassador Vinay Kwatra were present at the meetings. These discussions align with the commitment expressed by President Joe Biden and Prime Minister Narendra Modi in June 2023 to deepen space cooperation, including civilian, security, and commercial domains. A major outcome from these talks is the selection of two ISRO astronauts for training at NASA's Johnson Space Centre for the first joint mission to the International Space Station. This collaboration marks a new chapter in US-India space partnerships, paving the way for groundbreaking projects such as the planned launch of NISAR satellite in 2025, to foster technological advancements and shared exploration. (With inputs from agencies.)There are some things you just don’t do in certain parts of the US. You don’t use inferior salsa during a cattle drive in Texas. You don’t eat pizza with a knife and fork in New York City. You don’t yell “Belichick is a big, fat cheater!” in a crowded Boston bar (even if it happens to be true). And if you’re in New Jersey or just America in general, you NEVER take the holy name of Bruce Springsteen in vain in ANY manner. So it’s bewildering why one New Jersey representative would even think about faking his listening habits when it comes to The Boss. 9to5Mac spotted a curious looking post on X from US Rep. Josh Gottheimer (D-NJ). The congressman shared what appeared to be his Spotify Wrapped playlist for the year, with one list consisting of Springsteen’s classic tracks like “Glory Days” and “Thunder Road” and the other filled with tracks from various hip hop stars. He tried to cement his esteem for Springsteen in his post by saying his “first ever concert was at Meadowlands to see The Boss!” Well, it didn’t take long for the internet and anyone who’s ever used Spotify to figure out that he faked the whole list just to kiss up to his constituents. Gottheimer’s list included such glaring mistakes as inconsistent font sizes, improper spacing between the albums on his lists and the fact that both lists were titled “Your top songs” even though one only had Springsteen albums. He didn’t even use the same font type or size for all of his track and album entries. So how did Gottheimer handle this musical faux pas with the press? He dug in his heels on his Springsteen tracks and blamed his two kids for the rest. He admitted to NJ Advance Media that he made a fake Spotify Wrapped list but says the tracks on each list are accurate because he shares an account with his children because that’s easier than going back in time and setting up a family plan. “This would be my Spotify Wrapped if I didn’t share my account with my 12 and 15-year old kids,” Gottheimer told the outlet. “While it’s Springsteen all day for me — don’t get me wrong, I still love listening to Taylor Swift!” Gottheimer has since taken the post down and replaced it with a list of his most listened to Springsteen tracks . He’s trying to save face because he’s in a heated race for governor and if you want a solid shot at moving into New Jersey’s governor mansion, then you need to make your love for The Boss known far and wide across the Garden State. If Gottheimer is also going for the “Dad who makes his kids cringe at their music choices” vote, then he’s a lock.
When Russian scientists released a pair of orphaned Amur tiger cubs into the wild in a remote corner of Russia’s far-east in 2014, they were trying to save a species. While the tigers, sometimes called Siberian tigers and the world’s largest big cats, remain endangered, the scientists created something else: an unlikely love story. The cubs, Boris and Svetlaya, had been rescued from the wild as unrelated three- to five-month-old cubs in the Sikhote-Alin mountains, the animals’ main stronghold. They grew up in captivity and were released at 18 months old. The cats were separated by more than 160 kilometres with the goal of expanding the distribution of released tigers as much as possible in the Pri-Amur region along Russia’s border with China. Amur tigers Boris and Svetlaya, observed by a trail camera in 2018. Credit: ANO WCS/The New York Times The scientists tracked the cubs until, more than a year after their release, something strange happened: Boris walked more than 200 kilometres, almost in a straight line, to where Svetlaya had made a home. Six months later, Svetlaya gave birth to a litter of cubs. While the strategy of releasing rescued cats raised in captivity to restore populations in the wild had proven successful with the Iberian lynx in Spain, it had never been tried with big cats. But scientists working with the Wildlife Conservation Society say in a study published in the Journal of Wildlife Management that the successful release of rescued cubs like Boris and Svetlaya may, for the first time, become a viable option for restoring wild tigers to their historical range. Estimates of the number of tigers left in Russia range from 485 to 750. But researchers say that the Russia-China border area, including the Pri-Amur area where Boris and Svetlaya live, could support hundreds more of the animals. The reunited cats were not the project’s only successful reintroductions. Two hunters had found another female, Zolushka (or “Cinderella” in Russian), in a snow drift a few years earlier. After the conservationists returned her to the wild, an unknown male tiger showed up on a camera trap near where Zolushka had been released. In such a vast area, it was an encounter of extraordinary good fortune. “Cinderella’s prince showed up and they lived happily ever after,” said Dale Miquelle, lead tiger scientist for the Wildlife Conservation Society and an author of the study. Zolushka and the male also produced a litter of cubs, the first known cubs to be born in that area since the 1970s. Kolya Rybin, one of the authors of the study, examining the cub Boris, after capture and immobilisation. Credit: The New York Times In all, Russian scientists raised 13 orphaned Siberian tiger cubs in captivity, avoiding any contact between the growing cubs and their human caretakers to prepare them for life in the wild. The team gradually introduced the cubs to live prey so they could learn how to hunt. Also critical to the success was the timing of the cubs’ release: during spring when prey was plentiful. One male cub failed the test of freedom. He wandered into China and preyed on domestic animals, including 13 goats in one shed in a single night. Russian scientists recaptured the young male and sent him to a captive-breeding program at a zoo. But the remaining 12 proved they were able to hunt wild prey and to survive as well as wild tigers that had never spent time in captivity. As the Pri-Amur population grows, the Russian-American team hopes it can join up with other tigers, including across the border in China. “The grand vision is that this whole area would be connected,” said Luke Hunter, executive director of the Big Cats Program at the Wildlife Conservation Society. “There’s lots of habitat that could be recolonised by tigers.” With so much potential habitat across Asia – a 2023 study found there was about 700,000 square kilometres of potentially suitable habitat across Asia where tigers remained absent – the implications of this success are wide-ranging. “These results indicate that it is possible to care for young cubs in a semi-captive environment, teach them how to hunt and to release them back into the wild,” said Viatcheslav Rozhnov, former director of the Severtsov Institute of Ecology and Evolution of the Russian Academy of Sciences and leader of the reintroduction project. “These findings provide a pathway for returning tigers to large parts of Asia where habitat still exists but where tigers have been lost.” The Russian-American team hopes that it can join up with other tigers, including across the border in China. Credit: naturepl.com / Edwin Giesbers/WWF And just as Boris and Svetlaya’s unlikely partnership has proved critical to the project’s success, the Russian and American scientists hope their efforts may be a model for international conservation co-operation. “It’s a testimony to how really good things can happen when you start working collaboratively irrespective of nationality and politics,” Miquelle said. This article originally appeared in The New York Times . Get a note directly from our foreign correspondents on what’s making headlines around the world. Sign up for our weekly What in the World newsletter .
Treasury auctions and economic indicators in focus MondayHOUSTON--(BUSINESS WIRE)--Dec 4, 2024-- Solaris Energy Infrastructure, Inc. (NYSE:SEI) (“Solaris” or the “Company”), today announced a financial and operational update for the fourth quarter 2024 as well as updates to its growth capital program to further support the Solaris Power Solutions segment in response to rapidly evolving customer demand. Fourth Quarter 2024 Financial and Operational Update The Company is increasing its fourth quarter 2024 Adjusted EBITDA* guidance to a range of $36 million to $39 million, compared to its prior expectation for a range of $33 million to $36 million. The primary drivers behind the updated range are continued enhanced utilization levels and improved cost absorption in the Solaris Power Solutions segment. The Company expects to deploy an average of approximately 250 MW during the fourth quarter, which reflects full utilization of its currently available asset base. In its Solaris Logistics Segment, the Company expects results to be relatively in line with expectations, which should continue to support strong total company operating cash flow generation in the fourth quarter. Solaris Power Solutions Growth Capital Update The Company recently placed orders for 9 additional 16.5 megawatt (“MW”) gas-fired turbines to support rapidly accelerating customer demand, totaling approximately 145 MW in incremental generation capacity. Solaris now expects to exit first quarter 2026 with approximately 680 MW of generation capacity. The Company expects to invest up to $120 million for the new turbine order, including ancillary equipment. Additionally, the Company expects to invest approximately $40 million in Selective Catalytic Reduction (“SCR”) technology to further enhance the emissions profile of the fleet in support of multi-year installations on selected locations. This expected approximately $160 million growth capital investment should occur primarily over the course of 2025, with equipment deliveries scheduled to occur from fourth quarter 2025 through first quarter 2026. “Demand for Solaris’ power-as-a-service offering continues to exceed our available capacity, providing us with the confidence to place this additional equipment order,” commented Bill Zartler, Solaris’ Chairman and Chief Executive Officer. “Additionally, the increasing site design and engineering complexities associated with the extending tenor of our contract fixtures presents an opportunity for Solaris to offer incremental ‘balance of plant’ equipment, such as the emissions control technology, that complements our power generation offering and is expected to enhance returns. This new equipment order will provide Solaris’ customers with near-term solutions in support of some of the most demanding ‘behind-the-meter’ power applications in operation today.” Footnotes: * Non-GAAP financial measure. Please see “About Non-GAAP Measures” below. About Solaris Energy Infrastructure, Inc. Solaris Energy Infrastructure, Inc. (NYSE:SEI) provides scalable equipment-based solutions for use in distributed power generation as well as the management of raw materials used in the completion of oil and natural gas wells. Headquartered in Houston, Texas, Solaris serves multiple U.S. end markets, including energy, data centers, and other commercial and industrial sectors. Additional information is available on our website, solaris-energy.com . Forward Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Examples of forward-looking statements include, but are not limited to, statements with respect to the Company’s expectations of business plans, strategies, objectives and anticipated financial and operating results of the Company for the three months ending December 31, 2024, including the Company’s future profitability, expected capital expenditures and the impact of such expenditures on performance, current and potential future long-term contracts, the Company’s business and financial performance and results of operations and other guidance included in this press release, and the other risks discussed in Part I, Item 1A. “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2023 filed with the SEC on February 27, 2024 and in Part II, Item 1A. “Risk Factors” in our Quarterly Report on Form 10-Q for the quarters ended June 30, 2024 and September 30, 2024 filed with the SEC on August 9, 2024 and November 7, 2024, respectively. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, by their nature, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. As a result, our actual results may differ materially from those contemplated by the forward-looking statements. Factors that could cause our actual results to differ materially from the results contemplated by such forward-looking statements include, but are not limited to the factors discussed or referenced in our filings made from time to time with the SEC. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law. About Non-GAAP Measures Management believes that Adjusted EBITDA provides useful information to investors regarding the Company’s financial condition and results of operations because it reflects the core operating results of the Company’s businesses and helps facilitate comparisons of operating performance across periods. We define EBITDA as net income, plus (i) depreciation and amortization expense, (ii) interest expense and (iii) income tax expense. We define Adjusted EBITDA as EBITDA plus (i) stock-based compensation expense and (ii) certain non-cash items and extraordinary, unusual or non-recurring gains, losses or expenses. Although management believes the aforementioned non-GAAP financial measure is a good tool for internal use and the investment community in evaluating Solaris’s overall financial performance, the foregoing non-GAAP financial measure should be considered in addition to, not as a substitute for or superior to, other measures of financial performance prepared in accordance with GAAP. However, no reconciliations of this non-GAAP measure to its most directly comparable GAAP measure is available without unreasonable efforts. This is due to the inherent difficulty of forecasting the timing or amount of various reconciling items that would impact the most directly comparable forward-looking GAAP financial measure, that have not yet occurred, are out of our control and/or cannot be reasonably predicted given we have not completed any reporting processes for the period presented. Preliminary Estimate This press release provides a preliminary estimate of our Adjusted EBITDA for the three months ending December 31, 2024. This preliminary estimate is derived from our internal records and is based on the most current information available to management. Our normal reporting processes with respect to the foregoing preliminary estimate have not been fully completed and, during the course of our review process on this preliminary estimate, we could identify items that would require us to make adjustments and which could affect our final results. Any such adjustments could be material. This preliminary estimate has not been audited or reviewed by our independent auditors nor have our independent auditors performed any procedures with respect to this information or expressed any opinion or any form of assurance on such information. View source version on businesswire.com : https://www.businesswire.com/news/home/20241204678559/en/ CONTACT: Yvonne Fletcher Senior Vice President, Finance and Investor Relations (281) 501-3070 IR@solaris-energy.com KEYWORD: UNITED STATES NORTH AMERICA TEXAS INDUSTRY KEYWORD: ENGINEERING OTHER ENERGY UTILITIES OIL/GAS MANUFACTURING ENERGY MACHINERY SOURCE: Solaris Energy Infrastructure, Inc. Copyright Business Wire 2024. PUB: 12/04/2024 06:29 PM/DISC: 12/04/2024 06:28 PM http://www.businesswire.com/news/home/20241204678559/en
Tributes pour in following death of former President Jimmy CarterShelia Poole | (TNS) The Atlanta Journal-Constitution ATLANTA — Holidays are a time for families and friends to gather, but for older people with Alzheimer’s disease and other dementias, it can cause so much stress and confusion that they could be in danger of what experts calls wandering. Related Articles Health | Millions will see rise in health insurance premiums if federal subsidies expire Health | Health officials say Louisiana patient is first severe bird flu case in US Health | Health department warnings issued for 9 LA County beaches due to high bacteria levels Health | 2 New York men die after fertilizing marijuana plants with bat poop Health | Weight-loss drug craze appears to be curbing US obesity epidemic “I would say around the holiday time is the biggest challenge for people with dementia,” said Kim Franklin, senior manager of programs and services at the Georgia chapter of the Alzheimer’s Association. “Schedules are changing, people are traveling, families are coming together and friends are coming over. There’s a lot of chaos going on and that can cause a person to wander. They want to get away. It’s hard for them to process what’s happening.” The Alzheimer’s Association reports 72% of dementia patients who wander are found alive by the next day. Alerting 911 as soon as the person goes missing is critical. The odds of survival decrease as more time passes. Angel Alonso, president of Georgia Emergency Search and Recovery based in Gwinnett County, said the vast majority — between 60% and 70% — of the 30 to 40 calls the nonprofit received last year involved people with the disease. The GESAR is a volunteer-driven organization that works with law enforcement to find people who have gone missing, including children, people with Alzheimer’s and dementia, and people lost during major disasters. “We get so many Alzheimer’s calls,” said Vice President John Clark, who is also volunteer instructor with the Georgia Chapter of the Alzheimer’s Association. For caregivers and loved ones, a relative who goes missing is devastating. Two of Clark’s grandparents had dementia, so he gravitated to search and rescue to help other families and caregivers keep their loved ones safe. He’s consulted with police departments across metro Atlanta on the best ways to find people with Alzheimer’s. Alzheimer’s disease and other dementias can cause people to lose their ability to recognize people and places that are familiar. According to the Alzheimer’s Association there are often warning signs that a person might wander. Six in 10 people with dementia will wander during the course of the disease. That includes people returning from a regular walk or drive later than usual. Or they may talk about fulfilling former obligations, such as going to work or talk about going home even when they’re at home. Sometimes they become restless and pace or make repetitive movements. Clark recounted one call for help when a family reported a missing relative, but they insisted she couldn’t have gone far because of a bad knee that limited her to walking no further than the mailbox. Searchers found the missing woman 7 miles from home. Even those who have never shown an interest in wandering might start without warning. Dan Goerke is fortunate. His late wife, Diane, who was diagnosed with Alzheimer’s in 2012, once went missing from the car of a caregiver. The caregiver had stopped for an errand. Diane had waited alone in cars as people ran errands before. But this time, when the caregiver returned, Diane was gone but her seat belt was still fastened. “It was like she disappeared into thin air,” said Goerke, who said he doesn’t blame the caregiver. Fortunately, she was found uninjured and nearby a short time later that same day. Goerke said it’s hard for caregivers to always be on guard for wandering. “We have so many things to juggle that’s not necessarily at the top of our minds. We have to manage medications, take them to doctor’s appointments, cook meals and taking care of things day to day,” he said. Clark said when searching for someone with dementia, one of the keys is to know what the person was like before their diagnosis. Often their long-term memories are still strong. They once found a woman who walked out of her home and went to where she used to shop and to her old job, although it had closed. Recently, GESAR unveiled a new tool to search for missing people: Maverick. An 8-month-old chocolate Labrador retriever, Maverick is in training to be part of the GESAR search and research team that will track missing people, including wandering dementia patients in metro Atlanta. In cases involving children and people with dementia, a dog’s personality can also be an asset. Labs like Maverick are friendly and affectionate, not imposing or threatening like some other breeds — and less likely to scare the person who is lost. Canines can be used in searches in both rural and urban areas. “He’s an asset,” said Maverick’s handler, Carmen Alonso. “His nose can pick up odors and track where a person has been that we might not think to go that direction.” At the Cobb County Police Department, Public Information Officer Sgt. Eric Smith said if dogs are needed to search for a wanderer they call the sheriff’s department, which has bloodhounds. “They’re not apprehension dogs so there’s little or no likelihood of a bite,” he said. Technology can also help, Smith said. Searchers can use drones and families can install technology on a person’s car to help locate it or use other kinds of trackable devices including on their phone. “We get so many Alzheimer’s calls,” said Clark, who is also a volunteer instructor with the Georgia Chapter of the Alzheimer’s Association. Most cases they’ve worked on have had favorable results, according to the Georgia Emergency Search and Recovery organization. No two searches are the same, said Sgt. Jeremy Blake of the Cobb County Sheriff’s Office. “When responding to calls for a missing person, the response is different than that of a fleeing suspect,” he wrote in an email. “The K-9s that are used to track missing persons are not trained in the apprehension of suspects. ... Often times, if the K-9 cannot locate the missing person, they can provide officers with a more accurate direction of travel than they may previously had.” Nearly 7 million U.S. residents age 65 and older were living with Alzheimer’s according to the most recent Facts & Figures report . Of those, more than 188,000 Georgians ages 65 and older also have been diagnosed with the disease, according to the Alzheimer’s Association Georgia Chapter. There is a better chance of being found in urban environments because of a higher probability of a “good Samaritan” stepping in. Wanderers may give no forewarning. Often those with memory issues wander away during activities they’ve done safely in the past, such as shopping or sitting on a front porch. Some people who still drive can become disoriented and drive for miles away from home. According to the Cobb County Sheriff’s Office, on average, half the calls for missing persons involve the elderly or someone with disabilities. Call 911 as soon as possible. Have a photograph available for first responders and an article of clothing to provide a scent for search dogs. Sharing what the missing person liked to do in prior years can be a key: Did they have a job they went to every day? Did they like to fish or go to a certain spot? Searchers will need to know the last time the person was seen to help determine how far a person might have wandered. (Source: Alzheimer’s Association and Cobb County Police Department.) ©2024 The Atlanta Journal-Constitution. Visit at ajc.com. 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Walmart’s Mexico subsidiary plans to appeal a $4.6 million fine for alleged monopolistic practicesJEDDAH, Saudi Arabia (AP) — “My Driver and I” was supposed to be made in 2016, but was scuttled amid Saudi Arabia's decades-long cinema ban. Eight years later, the landscape for film in the kingdom looks much different — and the star of “My Driver and I” now has an award. Roula Dakheelallah was named the winner of the Chopard Emerging Saudi Talent award at the Red Sea International Film Festival on Thursday. The award — and the glitzy festival itself — is a sign of Saudi Arabia's commitment to shaping a new film industry. “My heart is attached to cinema and art; I have always dreamed of a moment like this,” Dakheelallah, who still works a 9-5 job, told The Associated Press before the awards ceremony. “I used to work in voluntary films and help my friends in the field, but this is my first big role in a film.” The reopening of cinemas in 2018 marked a cultural turning point for Saudi Arabia, an absolute monarchy that had instituted the ban 35 years before, under the influence of ultraconservative religious authorities. It has since invested heavily in a native film industry by building theaters and launching programs to support local filmmakers through grants and training. The Red Sea International Film Festival was launched just a year later, part of an attempt to expand Saudi influence into films, gaming, sports and other cultural fields. Activists have decried the investments as whitewashing the kingdom’s human rights record as it tightly controls speech and remains one of the world’s top executioners. With FIFA awarding the 2034 World Cup to Saudi Arabia this week, Lina al-Hathloul, a Saudi activist with the London-based rights group ALQST, said Crown Prince Mohammad bin Salman “has really managed to create this bubble where people only see entertainment and they don’t see the reality on the ground.” These efforts are part of Vision 2030, an ambitious reform plan unveiled in 2016 to ease the economy's dependence on oil. As part of it, Saudi Arabia plans to construct 350 cinemas with over 2,500 movie screens — by this past April, across 22 cities, it already had 66 cinemas showing movies from the local film industry, as well as Hollywood and Bollywood. (The Red Sea International Film Festival attracts a host of talent from the latter industries, with Viola Davis and Priyanka Chopra Jonas also picking up awards Thursday.) The country's General Entertainment Authority last month opened Al Hisn Studios on the outskirts of Riyadh. As one of the largest such production hubs in the Middle East, it not only includes several film studios but also a production village with workshops for carpentry, blacksmithing and fashion tailoring. “These facilities, when they exist, will stimulate filmmakers,” said Saudi actor Mohammed Elshehri. “Today, no writer or director has an excuse to imagine and say, ‘I cannot implement my imagination.’” The facilities are one part of the equation — the content itself is another. One of the major players in transforming Saudi filmmaking has been Telfaz11, a media company founded in 2011 that began as a YouTube channel and quickly became a trailblazer. Producing high-quality digital content such as short films, comedy sketches and series, Telfaz11 offered fresh perspectives on Saudi and regional issues. In 2020, Telfaz11 signed a partnership with Netflix to produce original content for the streaming giant. The result has been movies that demonstrate an evolution on the storytelling level, tackling topics that were once off-limits and sensitive to the public like secret nightlife in “Mandoob” (“Night Courier”) and changing social norms in “Naga.” “I think we tell our stories in a very simple way, and that’s what reaches the world,” Elshehri says of the changing shift. “When you tell your story in a natural way without any affectation, it will reach every person.” But the films were not without their critics, drawing mixed reaction. Social media discoursed ranged from pleasure that Saudi film were tackling such topics to anger over how the films reflected conservative society. As Hana Al-Omair, a Saudi writer and director, points out, there are still many stories left untold. “We certainly have a long time ahead of us before we can tell the Saudi narrative as it should be,” she said, acknowledging that there are still barriers and rampant censorship. “The Goat Life,” a Malayalam-language movie about an Indian man forced to work without pay in Saudi Arabia, is not available on Netflix's platform in the country. Movies that explore political topics or LGBTQ+ stories are essentially out of the question. Even “My Driver and I,” featured at the Red Sea festival alongside 11 other Saudi feature-length films, was initially too controversial. It centers on a Sudanese man in Jeddah, living away from his own daughter, who feels responsible for the girl he drives as her parents are absent. It was initially blocked from being made because of the relationship between the girl and the driver, filmmaker Ahd Kamel has said, even though it's not a romantic relationship. Now in 2024, the film is a success story — a symbol of the Saudi film industry's evolution as well as the growing role of women like Kamel behind the camera and Dakheelallah in front of it. “I see the change in Saudi cinema, a very beautiful change and it is moving at a wonderful speed. In my opinion, we do not need to rush,” Dakheelallah said. “We need to guide the truth of the artistic movement that is happening in Saudi Arabia.”Croatia's incumbent president gains most votes for re-election, but not enough to avoid a runoffFormer President Jimmy Carter was remembered for his leadership and commitment to public service following his death. Carter died on Sunday at his home in Plains, Georgia, at the age of 100. RELATED STORY | Former President Jimmy Carter dies at age 100 President Joe Biden and first lady Jill Biden: Today, America and the world lost an extraordinary leader, statesman and humanitarian. Over six decades, we had the honor of calling Jimmy Carter a dear friend. But, what’s extraordinary about Jimmy Carter, though, is that millions of people throughout America and the world who never met him thought of him as a dear friend as well. With his compassion and moral clarity, he worked to eradicate disease, forge peace, advance civil rights and human rights, promote free and fair elections, house the homeless, and always advocate for the least among us. He saved, lifted, and changed the lives of people all across the globe. Donald and Melania Trump: I just heard of the news about the passing of President Jimmy Carter. Those of us who have been fortunate to have served as President understand this is a very exclusive club, and only we can relate to the enormous responsibility of leading the Greatest Nation in History. The challenges Jimmy faced as President came at a pivotal time for our country and he did everything in his power to improve the lives of all Americans. For that, we all owe him a debt of gratitude. Melania and I are thinking warmly of the Carter Family and their loved ones during this difficult time. We urge everyone to keep them in their hearts and prayers. Bill and Hillary Clinton: Hillary and I mourn the passing of Jimmy Carter and give thanks for his long, good life. Guided by his faith, President Carter lived to serve others—until the very end. Statement from President Clinton and Secretary Clinton on the Passing of President Jimmy Carter pic.twitter.com/1Ejol6yjav — Angel Ureña (@angelurena) December 29, 2024 Senate Majority Leader Chuck Schumer: President Carter's faith in the American people and his belief in the power of kindness and humility leave a strong legacy. He taught us that the strength of a leader lies not in rhetoric but in action, not in personal gain but in service to others. Senate Minority Leader Mitch McConnell: President Carter served during times of tension and uncertainty, both at home and abroad. But his calm spirit and deep faith seemed unshakeable. Jimmy Carter served as our commander-in-chief for four years, but he served as the beloved, unassuming Sunday school teacher at Maranatha Baptist Church in Plains, Georgia for forty. And his humble devotion leaves us little doubt which of those two important roles he prized the most. U.S. Sen. Jon Osoff (D-GA): Among his lifetime of service and countless accomplishments, President Carter will be remembered for his commitment to democracy and human rights, his enduring faith, his philanthropic leadership, and his deep love of family U.S. Sen. Rafael Warnock (D-GA): President Carter was one of my heroes. His leadership was driven by love, his life’s project grounded in compassion and a commitment to human dignity. For those of us who have the privilege of representing our communities in elected office, Jimmy Carter is a shining example of what it means to make your faith come alive through the noble work of public service. U.S. Sen. John Thun (R-SD): President Carter dedicated his life to serving the people of Georgia and our great country – as a naval officer, a governor, and as the 39th President of the United States. From peanut farming to the presidency and every step in between, his wife Rosalynn was by his side. House Speaker Mike Johnson Because of his work in brokering the Camp David Accords and his advocacy with Habitat for Humanity, the world is a more peaceful place, and more Americans have a place to call home. No one can deny that President Carter led an extraordinary life of service to his country. May he rest in peace.
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NEW YORK , Dec. 13, 2024 /PRNewswire/ -- Agriculture & Natural Solutions Acquisition Corporation, a special purpose acquisition company ("ANSC"), announced today that the Treasurer of Australia (the "Treasurer") on December 12, 2024 (Australian Eastern Daylight Time) confirmed that the Commonwealth Government of Australia has no objection to ANSC's previously announced proposed business combination with Australian Food & Agriculture Company Limited ("AFA") and the other parties to the Business Combination Agreement dated August 28, 2024 (the "Business Combination") (known colloquially as "FIRB Approval" as the Treasurer is advised on such matters by the Foreign Investment Review Board). FIRB Approval is one of the conditions to closing of the Business Combination. ABOUT AFA AFA is a large-scale, diversified agricultural business established by the late Colin Bell in 1993 with the acquisition of the historic 'Burrabogie' station. AFA now operates one of the largest agricultural portfolios in New South Wales, Australia consisting of three major freehold title land aggregations within the Deniliquin, Hay and Coonamble districts, which total approximately 550,000 acres, and a water portfolio of approximately 45,000 acre-feet. AFA's portfolio includes some of Australia's most iconic properties, including 'Boonoke', 'Burrabogie', 'Wanganella' and 'Wingadee'. The company has total livestock carrying capacity of approximately 247,000 dry sheep equivalent across its sheep wool and meat and cattle operations (excluding the Conargo feedlot). AFA also operates the historic Wanganella and Poll Boonoke merino sheep studs, amongst the most highly regarded studs in Australia . AFA's cropping operations are characterized by flexibility amongst crop types, geographies and seasons. Key crops include irrigated cotton, irrigated rice, wheat, barley, canola, corn, chick peas and faba beans. More recently, the company has developed the state-of-the-art Conargo feedlot with a licensed capacity of 12,000 standard cattle units. ABOUT ANSC ANSC was formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination. ANSC represents a further expansion of its sponsors' 18-year franchise in low-carbon investments, having established industry leading, scaled companies with more than $6 billion of equity invested in renewables. FORWARD LOOKING STATEMENTS This document includes certain statements that may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intends," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements are not guarantees of future performance, conditions, or results, and involve a number of known and unknown risks, uncertainties, assumptions, and other important factors, many of which are outside of ANSC, Agriculture & Natural Solutions Company Limited ACN 680 144 085 ("NewCo") or AFA's management's control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. Accordingly, forward-looking statements should not be relied upon as representing ANSC's, AFA's or NewCo's views as of any subsequent date, and none of ANSC, AFA or NewCo undertakes any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. None of NewCo, ANSC or AFA gives any assurance that any of NewCo, ANSC or AFA will achieve its expectations. You should not place undue reliance on these forward-looking statements. As a result of a number of known and unknown risks and uncertainties, NewCo's actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include: (i) the ability of the parties to complete the Business Combination by ANSC's business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by ANSC; (ii) the occurrence of any event, change or other circumstance that could give rise to the termination of the definitive agreements relating to the Business Combination; (iii) the outcome of any legal, regulatory or governmental proceedings that may be instituted against NewCo, ANSC or AFA or any investigation or inquiry following announcement of the Business Combination, including in connection with the Business Combination; (iv) the inability to complete the Business Combination due to the failure to obtain approval of ANSC's shareholders; (v) AFA's and NewCo's success in retaining or recruiting, or changes required in, their officers, key employees or directors following the Business Combination; (vi) the ability of the parties to obtain the listing of the ordinary shares in the capital of NewCo ("NewCo Ordinary Shares") and warrants to purchase NewCo Ordinary Shares on the New York Stock Exchange or another national securities exchange upon the closing of the Business Combination; (vii) the risk that the Business Combination disrupts current plans and operations of AFA as a result of the announcement and consummation of the transactions described herein; (viii) the ability to recognize the anticipated benefits of the Business Combination; (ix) unexpected costs related to the Business Combination, which may be affected by, among other things, competition and the ability of AFA to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its key employees; (x) the ability of the parties to consummate one or more private placements of securities of NewCo to be consummated in connection with the Business Combination (the "Private Placements") on the stated timeline; (xi) the use of proceeds from the Private Placements by the combined company; (xii) the risk that there will be insufficient cash raised through the Private Placements, or that the amount of redemptions by ANSC's public shareholders is greater than expected; (xiii) the management and board composition of NewCo following completion of the Business Combination; (xiv) limited liquidity and trading of NewCo's securities; (xv) geopolitical risk and changes in applicable laws or regulations, including legal or regulatory developments (including, without limitation, accounting considerations) which could result in the need for AFA to restate its historical financial statements and cause unforeseen delays in the timing of the Business Combination and negatively impact the trading price of NewCo's securities and the attractiveness of the Business Combination to investors; (xvi) the possibility that AFA may be adversely affected by other economic, business, and/or competitive factors; (xvii) operational risks; (xviii) the possibility that a pandemic or major disease disrupts AFA's business; (xix) litigation and regulatory enforcement risks, including the diversion of management time and attention and the additional costs and demands on AFA's resources; (xx) the risks that the consummation of the Business Combination is substantially delayed or does not occur including the risk that the transaction may not be completed by ANSC's business combination deadline and the potential failure to obtain extensions of the business combination deadline if sought by ANSC; and (xxi) other risks and uncertainties indicated from time to time in the proxy statement/prospectus relating to the Business Combination, including those under "Risk Factors" therein, and in ANSC's, AFA's and NewCo's other filings with the SEC. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. No Offer or Solicitation This communication relates to a proposed business combination between AFA and ANSC. This document shall not constitute a "solicitation" of a proxy, consent, or authorization, as defined in Section 14 of the Exchange Act, with respect to any securities or in respect of the Business Combination. This document also does not constitute an offer, or a solicitation of an offer, to buy, sell, or exchange any securities, investment or other specific product, or a solicitation of any vote or approval, nor shall there be any offer, sale or exchange of securities, investment or other specific product in any jurisdiction in which such offer, solicitation or sale or exchange would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities will be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act or an exemption therefrom. Additional Information About the Business Combination and Where To Find It In connection with the Business Combination, ANSC, NewCo and AFA intend to file a registration statement on Form F-4 relating to the Business Combination (the "Registration Statement") with the SEC, which will include a proxy statement of ANSC in connection with ANSC's extraordinary general meeting of its shareholders (the "ANSC Shareholders' Meeting") and certain other related matters described in the Registration Statement. The Registration Statement, including the proxy statement/prospectus contained therein, will contain important information about the Business Combination and the other matters to be voted upon at the ANSC Shareholders' Meeting. This communication does not contain all the information that should be considered concerning the Business Combination and other matters and is not intended to provide the basis for any investment decision or any other decision in respect of such matters. ANSC, AFA and NewCo may also file other documents with the SEC regarding the Business Combination. INVESTORS AND SECURITY HOLDERS OF ANSC AND OTHER INTERESTED PERSONS ARE URGED TO READ, WHEN AVAILABLE, THE REGISTRATION STATEMENT, INCLUDING THE PROXY STATEMENT/PROSPECTUS INCLUDED THEREIN, ANY AMENDMENTS THERETO AND DOCUMENTS INCORPORATED BY REFERENCE, AND ANY OTHER RELEVANT DOCUMENTS THAT WILL BE FILED WITH THE SEC IN CONNECTION WITH THE BUSINESS COMBINATION CAREFULLY AND IN THEIR ENTIRETY BECAUSE THESE DOCUMENTS WILL CONTAIN IMPORTANT INFORMATION ABOUT ANSC, NEWCO, AFA, AND THE BUSINESS COMBINATION. After the Registration Statement is declared effective by the SEC, ANSC will mail the definitive proxy statement/prospectus relating to the Business Combination to its shareholders as of the record date established for voting on the Business Combination. Shareholders will also be able to obtain copies of the preliminary proxy statement/prospectus, the definitive proxy statement/prospectus and other relevant materials in connection with the Business Combination without charge, once available, at the SEC's website at www.sec.gov or by directing a request to: Agriculture & Natural Solutions Acquisition Corporation, 712 Fifth Avenue, 36 th Floor, New York, NY 10019. Participants in the Solicitation ANSC, NewCo, AFA and their respective directors and executive officers and related persons may be deemed participants in the solicitation of proxies from ANSC's shareholders in connection with the Business Combination. ANSC's shareholders and other interested persons may obtain, without charge, more detailed information regarding the directors and officers of ANSC and their direct or indirect interests therein in ANSC's Form 10-K filed with the SEC on March 28, 2024 (File No. 001-41861), including, without limitation, "Item 10. Directors, Executive Officers and Corporate Governance", "Item 11. Executive Compensation", "Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Shareholder Matters" and "Item 13. Certain Relationships and Related Transactions, and Director Independence". Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies to ANSC's shareholders in connection with the Business Combination and other matters to be voted upon at the ANSC Shareholders' Meeting will be set forth in the proxy statement/prospectus for the Business Combination when available. You may obtain free copies of these documents as described above. Media Contact Daniel Yunger / Emma Cloyd Kekst CNC daniel.yunger@kekstcnc.com / emma.cloyd@kekstcnc.com View original content: https://www.prnewswire.com/news-releases/agriculture--natural-solutions-acquisition-corporation-receives-firb-approval-in-connection-with-previously-announced-business-combination-302331743.html SOURCE Agriculture & Natural Solutions Acquisition Corporation