Atlantic Storm http://atlantic-storm.org/ Thu, 02 Dec 2021 20:31:01 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://atlantic-storm.org/wp-content/uploads/2021/05/cropped-icon-32x32.png Atlantic Storm http://atlantic-storm.org/ 32 32 A quantitative paradigm for water-assisted proton transport through proteins and other confined spaces https://atlantic-storm.org/a-quantitative-paradigm-for-water-assisted-proton-transport-through-proteins-and-other-confined-spaces/ Thu, 02 Dec 2021 19:47:58 +0000 https://atlantic-storm.org/a-quantitative-paradigm-for-water-assisted-proton-transport-through-proteins-and-other-confined-spaces/

Importance

As first proposed more than 200 years ago by Grotthuss, the transport of protons is activated by a mechanism of breaking and creation of chemical bonds by jumps of protons via networks of water or “wires”, often contained in confined systems such as protein channels or nanotubes. Here, concepts from graph theory are used in order to define a continuously differentiable collective variable for the connectivity of water wires and the easy transport of protons. As such, water connectivity can be explicitly quantified via free energy sampling to describe both qualitatively and quantitatively the thermodynamics and kinetics of water-facilitated proton transport via the Grotthuss jump – something that has been lacking since the first conceptual identification of this key chemical process. in nature.

Abstract

Water-assisted proton transport through confined spaces influences many phenomena in biomolecular and nanomaterial systems. In such cases, the water molecules which fluctuate in the confined pathways provide the environment and medium for the migration of excess hydrated protons via the Grotthuss shuttle. However, a definitive collective variable (CV) that precisely couples the hydration and connectivity of the proton wire with the proton translocation has remained elusive. To address this important challenge – and thus define a quantitative paradigm for the easy transport of protons in confined spaces – a CV is derived in this work from graph theory, which is verified to accurately describe the formation and breaking of wires. of water coupled with the translocation of protons into carbon. nanotubes and Cl/ H+ anti-carrier protein, ClC-ec1. Significant alterations in the conformations and thermodynamics of water strands are discovered after having introduced an excess of proton. Large barriers in the proton translocation free energy profiles are found when the water wires are defined as being disconnected according to the new CV, even though the relevant confined space is still reasonably well hydrated and – by simple measurement from the mere existence of a structure – the transport of protons would have been predicted to be easy via this simplistic measurement. In this paradigm, however, the mere presence of water is not sufficient to infer the translocation of protons, since an excess of the proton itself is able to conduct hydration, and furthermore, the water molecules themselves. they must be properly connected to facilitate any successful proton transport.

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Executive pay in Switzerland – The details matter to employers – Taxation https://atlantic-storm.org/executive-pay-in-switzerland-the-details-matter-to-employers-taxation/ Thu, 02 Dec 2021 09:16:47 +0000 https://atlantic-storm.org/executive-pay-in-switzerland-the-details-matter-to-employers-taxation/

Switzerland is an attractive destination for skilled foreign workers. In addition to establishing a national employment relationship with a foreign employee residing in Switzerland, other forms of employment may be considered, such as cross-border missions, national employment contracts with foreign residents or the engagement of external consultants.

The Covid-19 pandemic has dramatically accelerated the already pre-existing trend towards other modern forms of employment, such as working from home in particular.

While the trend towards more flexible work configurations has many beneficial aspects, the obligations and responsibilities of employers in the areas of payroll should not be underestimated.

Tax withholding, certifications, social security contributions, retirement payments, accident coverage and related topics may, in negotiations with applicants, be a lower priority but should be addressed early in the process. . This will help to: (i) ensure a compliant organization for the company and the executive / board member; (ii) clearly define the functions and workplaces; (iii) avoid tax exposure at company level; (iv) ensure adequate coverage of the executive / board member in the event of accident, death, disability and illness; and (v) avoid exposure to the liability of the company and its corporate bodies.

Taxation of the remuneration of executives / members of the board of directors

Given its exposure to payroll withholding tax, it is crucial for a Swiss employer to clarify the residence status of an employee as part of the first payroll:

  • A person residing in Switzerland and intending to stay there permanently, or a person present in Switzerland for a largely uninterrupted stay of 30 days with a gainful activity, establishes a personal tax residence. This person is subject to unlimited tax in Switzerland and is subject to Swiss taxes on his income and assets worldwide, subject to the applicable double tax treaties. Such treaties usually attribute unlimited tax liability to the country where that person has his or her center of vital interest. International weekly commuters generally do not have their unlimited tax liability in Switzerland if they have their center of vital interest, i.e. their family, in another country. When a person is considered a Swiss tax resident, withholding tax on the allowances may be required for non-Swiss nationals, depending on their marital status and the type of permit.
  • A tax limited to Swiss-source income may, for example, arise from exercising a professional activity in Switzerland or from being a member of the board of directors of a Swiss company. Non-resident employees and directors are, by default, subject to Swiss withholding tax on salaries, i.e. the company is required to withhold tax directly on the gross amount of compensation paid. While withholding tax on boarding costs are levied at a flat rate and apply even if no physical work is performed in Switzerland, withholdings from labor remuneration will be levied at the progressive rate and will not be due only on gross remuneration relating to work physically performed in Switzerland.

In light of the above, a Swiss company needs to assess the tariff and base on a case-by-case basis in order to be able to accurately make any tax deductions on the salary. The Swiss company is responsible for the correct tax withholding and is also required to issue an annual salary certificate reflecting the gross remuneration and any deductions. Non-compliance can be penalized with a fine, and re-invoicing omitted withholding taxes to employees can be complicated or even impossible.

Individuals taxed at source may, depending on compliance with certain thresholds or trigger events, also be required to file an ordinary tax return in Switzerland. Under certain conditions, such ordinary taxation can also be requested voluntarily although the conditions for doing so have been relaxed by a reform of the withholding tax on wages recently adopted which entered into force on January 1, 2021. Following this of this reform, the system is also applied more uniformly in Switzerland. It is essential to assess whether ordinary taxation compares favorably with withholding tax.

Last but not least: The workplace of managers and board members not only has payroll and income tax ramifications, but can also affect the corporate tax sphere. If a foreign company has staff and facilities in Switzerland, it may be considered as operating a permanent establishment in Switzerland for Swiss and international tax purposes. A portion of the company’s profits can then be allocated for tax purposes to Switzerland.

Also, when it comes to employing senior management and board members in an international context, other questions need to be asked as to where the business is run effectively.

Aspects of social security and pensions

The social insurance obligation of senior employees and members of the board of directors must also be assessed on a case-by-case basis. Swiss social security contributions are usually triggered when an employee resides and / or works in Switzerland.

In order to coordinate or harmonize contribution obligations in cross-border cases, Switzerland has concluded bilateral social security regulations with several states. Regulations with and within the EU provide that social security contributions are only due in one state, which is usually the place of performance of the work, if no specific posting rule applies. When more than 25% of the working time is performed in Switzerland and / or in a Member State where an individual also resides, the individual is generally subject to the social security legislation of that State. Treaties with other countries, such as the United States, provide different mechanisms in that Social Security contributions can be triggered in both states.

In any case, the international rules for social security affiliation may have unexpected consequences for social insurance in Switzerland (or abroad). It should also be noted that, from the point of view of Swiss social security, senior employees and members of the board of directors are considered as employees. This can lead to mismatches with foreign countries where such functions can be treated as self-employment.

When the remuneration payable to senior executives and members of the board of directors is subject to Swiss social security contributions, contributions to the Swiss pension fund are usually also triggered. It is necessary to consider whether any exceptions apply, for example for part-time employment. If pension contributions do apply, the insured benefit may differ from the applicable salary for social security and tax purposes.

Failure to comply with social security and pension contributions not only leads to supplement calculations, but the re-invoicing of omitted deductions to employees can also prove to be cumbersome or even impossible, and a lack of social security or pension coverage in the cases where a benefit would become due may cause a company to expose itself to liability.

Recommendations

When a Swiss company employs executives or members of the board of directors, it is important for the company to keep (or have that person keep) reliable documents such as a full employment contract / mandate in writing. , a current calendar with the working days in Switzerland as well as an up-to-date certificate of affiliation or an A1 form for social security purposes and for the issuance of annual salary certificates.

From a tax and social perspective, further complexities can arise if net wage agreements or fringe benefits are implemented and when the benefits are paid in other jurisdictions or by other group companies in the framework of certain employee participation plans or retirement plans.

All these benefits will need to be examined from a Swiss perspective to assess their tax and social treatment, correct quantification, the potential need for supplement calculations and will need to be duly reflected in the annual salary certificates provided by the Swiss employer. . It is advisable to use an experienced local payroll provider, especially when the resources available in Switzerland are not sufficient to cover this internally.

In addition to the liability risk for the company as a whole, it is often difficult for the company to request the payment of additional amounts as withholding tax on wages or social security / pension contributions from employees who ultimately turn out to have had insufficient deductions from their wages.

In addition, other usual work-related compliance aspects should be considered and, if necessary, require timely filing, such as applications for necessary work permits.

Originally posted by IFLR Magazine, November 30, 2021

The content of this article is intended to provide a general guide on the subject. Specialist advice should be sought regarding your particular situation.

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Long wait to get home https://atlantic-storm.org/long-wait-to-get-home/ Thu, 02 Dec 2021 02:03:23 +0000 https://atlantic-storm.org/long-wait-to-get-home/

BY JOAN BAILEY

Morobe’s education division will need a budget of KK 1.5 million to repatriate more than 150 teachers from the province who have retired but are still awaiting repatriation to their home province.

Morobe Province Education Advisor Keith Tangui said in an interview that these teachers taught in Morobe until they received their letters from the Education Services Commission to withdraw from teaching and therefore took their retirement.

Mr. Tangui said these teachers should have been repatriated to their home province when they retired, but this has not happened in the past 10 years.

So, he said, many retired teachers are still awaiting their repatriation allowance and these teachers deserved to be commended for their service.

“Many teachers have died while waiting to be repatriated and it’s sad. We therefore submitted a proposal to the provincial government of Morobe to allocate funds for the repatriation of retired teachers next year so that they can return home happy instead of continually waiting.

“Some teachers still occupy the teachers’ houses in our primary and secondary schools in Lae and do not move despite the advice of the respective school boards urging them to move because they have nowhere to live,” he said. declared.

Mr. Tangui said that the repatriation of retired teachers will be a priority for the division next year and after the repatriation of all retired teachers; they will ensure that funds are allocated annually to returning teachers who retire at the end of each year.

He said that when they retire, they need to get their repatriation allowance, which is the provincial allowance, aside from their golden handshake from the national government and their retirement pension, so that they can be satisfied with their education service and return home.

Former Omili Primary School Principal Philip Pep and his wife, also a former Omili teacher, have retired but still occupy a staff unit within the school’s teachers’ compound.

Mr Pep said he retired in 2012 after teaching 27 years at schools in Morobe while his wife retired in 2019 and they are still waiting for their repatriation funds to return to their home province. ‘origin, in the province of the Western Highlands.

He said they can move easily, but his frustration that Morobe’s provincial government and administration through the education division overlooked this vital exercise where funding was not allocated to retired teachers. farewell held it back.

“The education division needs to be consistent with the repatriation exercise and prioritize what it does with deceased teachers in the line of duty.

“We respect them and our concern is that in the past, the exercise of repatriation of retired teachers has been very effective in the province and we want teachers who retire to return to their home province with a smile because their service is appreciated and recognized, ”said Mr. Pep. .

Former Taraka Primary School principal Thomas Bweheni expressed similar concerns, adding that he was among six other teachers in Lae district who had received notice of their retirement from actual teaching. last year.

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In view of the 2022 mid-term elections and state issues https://atlantic-storm.org/in-view-of-the-2022-mid-term-elections-and-state-issues/ Wed, 01 Dec 2021 08:33:01 +0000 https://atlantic-storm.org/in-view-of-the-2022-mid-term-elections-and-state-issues/ Through Alysia Ryan Alysia Ryan, JD, ARA Director of Government Affairs

As those in the United States continue to grapple with the coronavirus (COVID-19) and its variants, eyes are also starting to turn to the upcoming midterm elections of 2022. The special elections held this year may or may not contain secrets about the conduct of the 2022 elections; However, it’s never too early to start screening emerging candidates and studying their platforms for clues about the impact of their election on American Rental Association (ARA) member companies. This will be even more important with the 2020 census data now determining new congressional districts in many states.

2022 midterm elections. On November 8, 2022, midterm elections will take place across the country. A total of 469 seats in Congress – at least 34 seats in the Senate and the 435 seats in the House of Representatives will be contested, along with 39 races for state and territorial governors and hundreds of other national and local elections. In November 2021, 24 representatives announced that they would be retiring and not running for another term. This number will likely increase in the coming months.

This will be the first election affected by the redistribution following the 2020 census. The census provided information on the demographic and demographic density within each state and forced states to begin redrawing federal and state legislative districts. These changes can affect the district where people vote.

Many congressional districts have changed or even been eliminated because some states have lost population. Other states that have gained in population also gain seats in Congress. The way congressional districts are redesigned varies greatly from state to state. For many, the majority party in the state legislature has redrawn the lines. With several states having primaries in March, incumbents and new candidates want to know what their new district looks like to determine the district’s voter demographics so they can develop a campaign strategy.

Six states are winning seats in Congress because their populations have grown over the past 10 years when the census was last taken. Texas wins two more seats in Congress and five other states win one: North Carolina, Florida, Oregon, Montana and Colorado. Seven states, on the other hand, will lose a seat in Congress, namely Michigan, Illinois, Pennsylvania, West Virginia, Ohio, New York and California.

For the next 10 years until 2030, when the next census is taken, voters could be assigned to new congressional, state, county, and local districts from which to choose their representatives.

Focus ARA advocacy efforts. In 2021, the ARA Board of Directors made the decision to focus more on legislative and regulatory issues that have a distinct impact on the Events and Equipment Rental segments by dividing the Government Affairs Committee of the association into two, including the Defense of Equipment Working Group and the Defense of Events Working Group.

“The two sides of our association have very different legislative needs and concerns,” said John McClelland, Ph.D., ARA vice president for government affairs and chief economist. “It makes perfect sense that the government affairs team could focus more deeply and meaningfully on the diversity of issues within the two segments. “

The two groups will meet from December 7-9, 2021 to hear legislative and electoral updates as well as to determine issues to pursue in 2022. They will also both plan for a possible caucus in 2022.

The Event Advocacy Workgroup has already been very busy in 2021, guiding and overseeing the work of ARA staff on the formation of the Economic Bridge Coalition (EBC). The coalition was led by the ARA and joined by 16 other organizations whose members are also affected by economic losses due to restrictions on social gathering at the height of the COVID-19 pandemic. This total effort represents 2 million impacted businesses and $ 1.2 trillion in annual economic activity.

The EBC strives to secure additional funds for these members based on the loss of income from April 1, 2020 to March 31, 2021. It is the primary focus of the EBC. For more information, visit economicbridgecoalition.org.

The association also spent a good portion of 2021 researching and communicating with members about the Paycheck Protection Program (PPP), which ended in July 2021. The first and second draws of the PPP were available for purchase. qualified candidates capable of obtaining these Small Business Administration (SBA). – back-to-back loans. These loans were designed as a direct incentive for small businesses to keep their workers on the payroll. The loans could be used to help finance wage costs, including employee benefits, and may also have been used to pay mortgage interest, rent, utilities, worker protection costs, property damage costs uninsured and certain supplier costs and expenses for operations.

The first and second fundraising would be canceled by the SBA if all employee retention criteria were met and funds used for qualifying expenses.

Economic Disaster Loans (EIDL) have also been offered by the SBA. This federal small business loan program has supported small businesses’ recovery from the disastrous impacts of COVID-19 by providing them with access to needed capital. However, this program experienced delays and was implemented with less success than the PPP program.

State legislative initiatives. Based on member contributions and ongoing work in some states, the ARA government affairs team and committees will also work on the following initiatives in 2022:

• Colorado. This state has special registration fees – the registration of special mobile machines (SMMs) – and complying with this is proving difficult and costly for members. The SMM is a 2 percent tax on companies that lease equipment not designed or used primarily for the transport of people or goods, such as road construction equipment. ARA will continue to seek opportunities to work with the state to reduce confusion around the program.

• Florida. After years of attempts to change the property tax law in the state, it looks like 2022 is the year to secure the passage of a measure for tax relief on tangible personal property.

• Georgia. In Georgia there is a weight limit – 5,000 pounds. – on which equipment may be eligible for a property tax recovery right. This represents a significant and costly administrative burden for equipment rental stores with a diverse inventory. In November, letters of support for members were submitted to a potential sponsor to change the weight limit to 1,500 lbs, making more equipment eligible for salvage fees and saving members money .

• Louisiana. The legislature will review the implementation of Sales Tax Rationalization, a system adopted by states to help create a simpler and more consistent sales and use tax system. Louisiana has a complex tax system, which includes reports to each of its many parishes. This decision would again simplify and therefore reduce the administrative costs associated with doing business in the state.

• Michigan. Work continues behind the scenes in Lansing, Michigan, as members demand relief from the state’s general property tax and institute a qualified exemption for heavy rental property.

• Nevada. Efforts to reform Nevada’s personal property tax on rental equipment will continue in 2022. The goal is to have a bill ready for passage in the next session of the Nevada legislature in 2023.

The ARA is also ready to deal with other issues as they arise at the state level.

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Travis Scott hires veteran O’Melveny litigator to defend Astroworld https://atlantic-storm.org/travis-scott-hires-veteran-omelveny-litigator-to-defend-astroworld/ Tue, 30 Nov 2021 19:33:00 +0000 https://atlantic-storm.org/travis-scott-hires-veteran-omelveny-litigator-to-defend-astroworld/

Jonathan Maya lays flowers at a door in NRG Park, following a fatal crush of fans during a performance the night before at rapper Travis Scott’s Astroworld festival in Houston, Texas, United States on November 6, 2021. REUTERS / Daniel Kramer

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  • Dan Petrocelli to represent Scott, along with two other partners, according to the firm
  • Former Petrocelli clients included former Enron CEO, former President Trump

The names of companies and law firms shown above are generated automatically based on the text of the article. We are improving this functionality as we continue to test and develop in beta. We appreciate comments, which you can provide using the comments tab on the right of the page.

(Reuters) – A team of O’Melveny & Myers lawyers led by litigation attorney Daniel Petrocelli defend rapper Travis Scott as he faces a slew of lawsuits over a deadly stampede at the recent Astroworld Festival, according to a cabinet spokesperson.

Petrocelli, the company’s Los Angeles-based vice president, will work with O’Melveny’s product liability and tort partners Steve Brody and Sabrina Strong, the spokesperson said.

Scott faces hundreds of lawsuits after chaos at the Houston concert on November 5 left ten dead and widespread injuries.

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The lawsuits have included allegations of negligence and failure to provide adequate medical care to the victims.

Petrocelli, who is also president of O’Melveny’s testing practice, has worked with leading clients throughout his career.

He has represented Ron Goldman’s family in a civil wrongful death lawsuit filed against OJ Simpson and Enron CEO Jeffrey Skilling in his trial for insider trading and criminal fraud amid the corporate collapse .

When then-presidential candidate Donald Trump ran for office in 2016, Petrocelli was called upon to defend him against fraud lawsuits against Trump University real estate seminars.

Petrocelli has already contacted the victims’ lawyers, according to a letter obtained by Reuters, which was sent to prominent civil rights lawyer Benjamin Crump and Bob Hilliard of Corpus Christi-based Hilliard Martinez Gonzales. The two have filed lawsuits on behalf of a number of Astroworld victims and their families.

Scott offered to pay the funeral costs of a 9-year-old boy who died of injuries after the stampede, according to the letter. Hilliard declined the offer on behalf of his client.

According to press reports, Neal Manne, managing partner of Susman Godfrey, has been hired by Live Nation, the promoter of the festival, another accused in numerous Astroworld lawsuits.

Manne did not respond to requests for comment.

Read more:

A nine year old child dies; Houston concert stampede death toll rises to 10

Trump’s ex-lawyer to defend AT & T-Time Warner merger

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Chinekwu Osakwe

Chinekwu Osakwe covers legal industry news with a focus on mid-sized law firms. Contact her at Chinekwu.osakwe@thomsonreuters.com.

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Emirates restarts flights to SA tomorrow – but will not carry passengers out of Johannesburg https://atlantic-storm.org/emirates-restarts-flights-to-sa-tomorrow-but-will-not-carry-passengers-out-of-johannesburg/ Tue, 30 Nov 2021 11:06:18 +0000 https://atlantic-storm.org/emirates-restarts-flights-to-sa-tomorrow-but-will-not-carry-passengers-out-of-johannesburg/

(Photo by James D. Morgan / Getty Images)

  • Emirates will resume flights from Dubai to Johannesburg on Wednesday after sudden cancellations left travelers stranded.
  • The airline will operate four weekly flights from Dubai to Johannesburg throughout December, but will not be re-establishing routes to Cape Town or Durban for the time being.
  • It will also not carry passengers outside of South Africa due to the UAE’s ongoing travel ban.
  • For more stories, visit www.BusinessInsider.co.za.

Emirates will resume passenger flights from Dubai to OR Tambo International Airport in Johannesburg on Wednesday after temporarily suspending service due to sudden travel restrictions.

South Africa’s discovery of the highly mutated variant of Covid-19, Omicron, has led to a wave of flight cancellations and overseas travel bans. Travelers who need to leave or return to South Africa face uncertainty as airlines respond to swift and sweeping restrictions imposed by their host countries.

Restrictions on travelers from South Africa began to increase on Friday, due to the UK’s decision to suspend flights between the two countries and re-enforce its mandatory quarantine requirement.

Until monday, nearly 40 countries had imposed restrictions on travelers arriving from South Africa, with more than 10 international airlines serving ground flights on major routes.

The United Arab Emirates (UAE) has suspended flights from South Africa, Namibia, Botswana, Zimbabwe, Mozambique, Lesotho and Eswatini. The country’s national carrier has confirmed that the Dubai Covid-19 Command and Control Center (CCC) has imposed a travel ban barring entry to all passengers who have been in or logged in through those countries during the Last 14 days.

The abrupt suspension of services, and the lack of clarity regarding the resumption of flights, stranded anxious passengers in both countries.

Emirates said on Tuesday it would resume passenger flights to South Africa on Wednesday.

“From December 1 to 31, Emirates will operate passenger flights 4 times a week to Johannesburg. Due to current travel restrictions, we will not be carrying passengers from Johannesburg ”, the airline said in a statement on its website.

Emirates passenger operations to and from Durban and Cape Town will remain suspended “until further notice”.

Other international airlines that plan to resume services to South Africa on Wednesday include British Airways and Virgin Atlantic. While these flights, operating at a reduced frequency, will facilitate repatriation of travelers, seats on planes departing from South Africa will only be occupied by returning British or Irish nationals, or travelers with residence rights. UK.

Emirates, whose flights from Johannesburg do not carry any passengers, has yet to detail its repatriation efforts. This one-way service is of little use to travelers who wish to return to Dubai. Emirates’ online booking platform does not show any available flights between Johannesburg and Dubai.

(Compiled by Luke Daniel)

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Ather to set up a second production unit in India https://atlantic-storm.org/ather-to-set-up-a-second-production-unit-in-india/ Mon, 29 Nov 2021 12:35:11 +0000 https://atlantic-storm.org/ather-to-set-up-a-second-production-unit-in-india/

Ather to set up a second production unit in India

Hero MotoCorp-backed electric two-wheeler manufacturer Ather Energy on Monday announced plans to set up its second manufacturing plant, which, when commissioned in 2022, will increase its capacity to 4 lakh vehicles per year, against 1.20 lakh currently. The new facility will move to Hosur, Tamil Nadu, to meet growing demand for its electric two-wheelers – 450 X and 450 Plus – the company said in a statement. Bengaluru-based Ather Energy had set up its first manufacturing plant in Hosur earlier this year.

In addition to manufacturing electric vehicles, the new manufacturing unit will also focus on lithium-ion batteries, which is a key focus area for Ather Energy, the company said. With the new plant, the company plans to manufacture 400,000 units per year, a significant jump from its current capacity of 120,000 units, he said.

“We are commissioning the second plant which will be ready for 2022. With this capacity expansion, Ather is on track to become the largest producer of electric vehicles in the country by next year,” said Tarun Mehta, co-founder and CEO of Ather Energy. In October, Ather Energy achieved its best monthly sales, growing 12 times over last year, according to the company. In addition, the company has a turnover of $ 100 million, making it the largest manufacturer of electric vehicles by value in this segment, the company added.

“Our experience centers are growing rapidly and our business footprint is expected to grow six-fold over the next few quarters. So, just ten months after opening our current facility, we are already at full capacity,” said Mehta. . The company said it continues to strengthen its position in the two-wheeled electric vehicle space, adding that it has seen 20% month-on-month sales growth since November 2020. Ather recorded a 3x increase in visits, web inquiries and 4X growth in vehicle bookings during the April-October period of this year, in addition to witnessing a huge increase in interest of consumers for its latest scooter, the 450X, according to the press release.

The company began operations at the Hosur manufacturing facility earlier this year, meeting demand across the country. It tracks 90% of Ather Energy’s 450X and 450 Plus manufacturing, including the battery, which is manufactured in-house by Ather Energy. The company has pledged to invest Rs 650 crore over the next five years to improve operational efficiency and production capacity to meet the exponential rise in demand, the statement said.

Ather Energy plans to strengthen its retail operations by expanding into new markets. The company plans to expand to around 150 experience centers in 100 cities by March 2023. It has also invested heavily in charging infrastructure to provide a holistic experience for the biker community, the company said.

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Morocco suspends inbound passenger flights on Covid variant https://atlantic-storm.org/morocco-suspends-inbound-passenger-flights-on-covid-variant/ Sun, 28 Nov 2021 19:48:10 +0000 https://atlantic-storm.org/morocco-suspends-inbound-passenger-flights-on-covid-variant/

Published on: Amended:

Rabat (AFP) – Morocco will suspend incoming passenger flights for two weeks from Monday evening due to concern over the spread of a new highly mutated Covid-19 variant, dubbed Omicron, a government committee said.

“The decision was taken because of the rapid spread of the new variant of Covid, Omicron, especially in Europe and Africa, and in order (…) to protect the health of Moroccan citizens,” said the committee responsible for overseeing Morocco’s Covid response in a statement.

He said the measure would take effect from 11.59pm (10.59pm GMT) Monday for two weeks, and would be evaluated regularly to make “adjustments if necessary.”

Repatriation flights from Morocco will be organized in collaboration with embassies on a case-by-case basis, an official source said.

The announcement came hours after Israel said it would close its borders to foreign tourists from Sunday evening in a bid to stem the spread of the Omicron variant.

The variant was first detected in South Africa, with cases reported in several countries, prompting countries to reimpose containment measures that many hoped were a thing of the past.

Morocco, whose economy relies heavily on tourism, announced on Friday an entry ban for travelers from South Africa and six other African countries.

He had already decided to suspend flights to and from France amid a peak in coronavirus infections in Europe.

France has the largest Moroccan expat community in the world, with over a million Moroccans living in the EU member state.

Some 80,000 French nationals live in Morocco.

In October, Morocco announced it was suspending flights to and from Britain, Germany, the Netherlands and Russia over concerns over coronavirus trends in those countries.

Morocco has officially registered around 950,000 cases of Covid-19 and more than 14,500 deaths.

Earlier this month, the North African kingdom lifted a nighttime curfew imposed months earlier to curb the spread of the coronavirus.

More than 22 million of Morocco’s 37 million inhabitants have received two doses of the vaccine against the virus.

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AMD Ryzen 5 5600X Deals: As Low As $ 289 For Cyber ​​Monday https://atlantic-storm.org/amd-ryzen-5-5600x-deals-as-low-as-289-for-cyber-%e2%80%8b%e2%80%8bmonday/ Sat, 27 Nov 2021 15:35:03 +0000 https://atlantic-storm.org/amd-ryzen-5-5600x-deals-as-low-as-289-for-cyber-%e2%80%8b%e2%80%8bmonday/

Newegg has the Ryzen 5 5600X on a Cyber ​​Monday sale for $ 289, which is $ 30 below the regular price of $ 309 and near the lowest price we’ve ever seen for this chip.

AMD has achieved a compelling price-performance balance with the Ryzen 5000 family of Zen 3 desktop processors. The Ryzen 5000 family delivers excellent performance and energy efficiency with TSMC’s 7nm FinFET process node.