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Erdogan invites Musk to establish Tesla factory in Turkey

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President Recep Tayyip Erdogan has extended an invitation to Elon Musk, CEO of Tesla Inc., to consider constructing a Tesla factory within the Turkish borders.

Erdogan, known for his proactive stance in developing Turkey’s infrastructure and economic growth, reached out to Musk in a bid to attract the electric vehicle giant to the region. The President emphasized Turkey’s strategic location, positioned at the crossroads of Europe and Asia, making it an ideal hub for Tesla’s expansion into the Eurasian market.

During their virtual meeting, Erdogan highlighted Turkey’s commitment to renewable energy sources, offering to provide sustainable and cost-effective electricity to power Tesla’s manufacturing operations. Additionally, the Turkish government pledged to provide incentives such as tax breaks and streamlined regulatory procedures to facilitate a smooth establishment of the factory.

Musk expressed his appreciation for the invitation and acknowledged Turkey’s growing market for electric vehicles. However, he also raised concerns about the need for significant investments in charging infrastructure and research and development facilities. Both leaders agreed to further discussions to explore the feasibility of the project.

The potential establishment of a Tesla factory in Turkey holds great promise for the country’s automotive sector, aiming to reduce its reliance on traditional fossil fuel vehicles. It also aligns with Tesla’s mission to accelerate the world’s transition to sustainable energy.

With Turkey’s strategic location and commitment to renewable energy, this collaboration could significantly impact the electric vehicle market in the region and drive economic growth.

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Trump proposes $100,000 H-1B visa fee increase

Trump announces massive H-1B visa fee increases and introduces $1 million ‘gold card’ to reshape immigration system

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Trump announces massive H-1B visa fee increases and introduces $1 million ‘gold card’ to reshape immigration system

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In Short:
– Trump announced a $100,000 fee for H-1B visas and a $1 million residency gold card to boost American hiring.
– Critics argue increased fees may limit smaller firms’ access to foreign talent, impacting U.S. tech innovation.
President Trump announced significant changes to the U.S. immigration system, introducing a new $100,000 fee for H-1B visas and a $1 million “gold card” for residency.
The move aims to increase revenue and promote the hiring of American workers, claiming that many tech companies exploit the current system.The fee increase targets H-1B visa applications, which traditionally have low entry costs.

Trump stated the initiative aims to bring in highly skilled individuals rather than those crossing the borders illegally. A gold card requiring a $1 million payment will expedite visa processing, with a reduced availability compared to existing green card categories.

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The new programme could alter the competitive landscape for U.S. tech companies, which historically depend on H-1B visas to access foreign talent.

Critics warn that the increased fees may deter smaller firms from utilising these visas, potentially hindering U.S. progress in tech sectors like artificial intelligence.

Visa Impact

Debate persists within Trump’s administration regarding the new policy’s implications. Supporters argue it protects American jobs, while opponents contend it restricts access to global talent crucial for innovation.

The H-1B visa programme, established in 1990, remains vital for skilled foreign workers seeking residency in the U.S., yet faces growing scrutiny.


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Fourth death confirmed due to Optus outage issues

Fourth death confirmed following Optus outage that blocked Triple Zero calls for 13 hours during network upgrade

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Fourth death confirmed following Optus outage that blocked Triple Zero calls for 13 hours during network upgrade

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In Short:
– A fourth death is confirmed due to an Optus network failure affecting emergency calls for 13 hours.
– Optus CEO announced an investigation after communication failures and criticism from politicians and emergency services.
A fourth death has been confirmed following an Optus network failure that prevented emergency calls to Triple Zero for 13 hours.
Initially, Optus reported three fatalities, including an infant and two elderly individuals from South Australia and Western Australia. The latest victim is a 49-year-old man from Perth.Optus CEO Stephen Rue expressed deep sorrow over the incident and announced a full investigation into the network update that caused the outage.

He stated that approximately 600 calls to emergency services were disrupted, impacting residents across South Australia, Western Australia, and the Northern Territory.

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Rue confirmed that the outage stemmed from a problematic firewall upgrade and revealed details of communication failures within the company. Politicians and emergency services expressed anger at the lack of timely information during the crisis.

System Failure

South Australian Premier Peter Malinauskas criticised Optus for their incompetence in handling the situation.

The federal communications minister also condemned the company, highlighting that such failures are unacceptable.

The incident follows a previous outage for which Optus was fined $12 million, raising serious concerns about their emergency service handling.


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Israel launches its new “Iron Beam” laser system

Israel’s new “Iron Beam” laser defense system to deploy by year-end, promising cost-effective missile interception.

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Israel’s new “Iron Beam” laser defense system to deploy by year-end, promising cost-effective missile interception.


Israel’s Defence Ministry says its new “Iron Beam” laser system will be deployed by year’s end. The technology is designed to destroy incoming missiles, rockets, drones and mortars with precision.

Developed by Rafael Advanced Defense Systems in partnership with Elbit Systems, Iron Beam will sit alongside existing defences such as Iron Dome, David’s Sling and Arrow. Unlike traditional interceptors which can cost tens of thousands of dollars per shot, the laser comes at negligible expense.

Officials call it the world’s first high-power laser interception system to achieve operational maturity, hailing it as a game-changer for modern warfare. Military leaders expect the system to reshape air defence capabilities and cut costs dramatically.

#Israel #Defence #LaserWeapons #TickerNews


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