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J-35A fighter jet to debut at Airshow China - by cronywell 10/11/2024 » 10:33

BEIJING, (Xinhua) -- New equipment, including the J-35A fighter jet, will debut at the 15th China International Aviation and Aerospace Exhibition, also known as Airshow China, China's Air Force announced on Tuesday.

Apart from the J-35A medium-sized stealth fighter, the HQ-19 surface-to-air missile weapon system and a new attack reconnaissance unmanned aerial vehicle will also be unveiled for the first time at the air show, said Niu Wenbo with the Air Force equipment department at a press conference.

The air show, scheduled for Nov. 12-17 in the southern Chinese city of Zhuhai, features a diverse range of activities including aerobatic displays, according to Air Force spokesperson Xie Peng.

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The aircraft set to fly at the show include the J-20, J-16, and the YY-20A for refueling. The cargo hold of Y-20 aircraft will also be open to the public.

The event coincides with the commemoration of the 75th anniversary of the founding of the Chinese People's Liberation Army Air Force, which falls on Nov. 11. 


The Cold Drop! What is a DANA and how does it form? - by cronywell 03/11/2024 » 13:57

To understand what makes a DANA so destructive, it is first necessary to understand what this phenomenon consists of. Depressions, in meteorology, are areas of low atmospheric pressure, which means that the air is denser in the surroundings than in the center of this "bubble." This imbalance of pressures is essential to generate rain, storms and strong winds.

gotafria.jpg In the case of a DANA, the situation is even more complex. This phenomenon, which is also known as a "cold drop," occurs when a mass of very cold polar air is isolated at high altitude, between 5,000 and 9,000 meters above sea level. Unlike other storms, the DANA forms in isolation from the air currents that normally regulate the climate in the northern hemisphere, such as the polar jet stream or the subtropical jet stream. This isolation allows the cold air mass to begin to interact with the warm, humid air in its surroundings, generating conditions of atmospheric instability. The orography of the Iberian Peninsula, particularly the arrangement of the mountains in the Valencia region, favors the rise of warm, humid air from the sea into the atmosphere, where it meets the cold air of the DANA. This clash between air masses in different states of temperature and humidity intensifies rainfall and generates extremely unstable conditions.

valencia_deespues.jpg During the days of greatest activity, some areas of Valencia recorded more than 500 (mm) of water, the equivalent of a year's worth of rain in a matter of hours. This led to massive flooding that swept away entire towns and left thousands of people trapped in their homes and vehicles. The combination of heavy rain, water-saturated land, and an urban drainage system unable to handle this extreme volume of rainfall contributed to the water accumulating rapidly. It should be added that the rains were not only accompanied by thunderstorms, but also by strong winds and, in some cases, tornadoes that hit the region. The magnitude of this phenomenon led the Emergency Coordination Centre (CCE) to raise the alert level to red in several areas of Valencia, issuing warnings to the population to avoid non-essential travel. The frequency and intensity of DANAs have been increasing in recent years. A recent study by the American Meteorological Society confirms that since the 1960s, the number of episodes of this type has grown significantly in the Mediterranean, and many experts point to climate change as a fundamental factor.

muestra_unayotra.jpg Global warming raises the temperature of the Mediterranean, allowing DANAs to be more intense. The World Weather Attribution organisation, which is dedicated to analysing the effects of climate change on extreme phenomena, estimates that torrential rains of this type are now 12% more intense and twice as likely compared to the pre-industrial climate. Friederike Otto, a researcher at Imperial College London, explains that “we are seeing events from the past, but they are becoming more common and extreme due to global warming.” This phenomenon in Valencia is an example of how climate change is already affecting communities and ecosystems, and emphasizes the need to take measures to prepare for an increasingly unpredictable climate.


(Dana) Devastation in Valencia - by cronywell 01/11/2024 » 12:56

Three days after historic flash floods swept through several towns south of Valencia in eastern Spain, killing at least 205 people, the initial shock gave way to anger, frustration and a wave of solidarity on Friday. Spanish emergency authorities raised the death toll to at least 205 victims, 202 of them in Valencia alone. Many streets were still blocked by vehicles and piled-up debris, in some cases trapping residents in their homes. Some places remained without electricity, running water or stable telephone connections.

espana-inundaciones-valencia-cambio-climatico.jpg The damage from Tuesday and Wednesday's storm was reminiscent of the effects of a tsunami, with survivors picking up the pieces as they mourned loved ones lost in the deadliest natural disaster in Spain's living memory. "The situation is unbelievable. So much disaster and so little help," said Emilio Cuartero, a resident of Masanasa, outside Valencia. “We need machinery, cranes, to make the sites accessible. We need a lot of help. And bread and water.” In Chiva, residents were working on Friday to clear debris from mud-filled streets. The Valencian town received more rain in eight hours on Tuesday than in the previous 20 months and water overflowed a ditch that runs through the town, tearing away roads and walls of houses. Mayor Amparo Fort told RNE radio that “whole houses have disappeared, we don’t know if they have people inside or not.” Security forces and soldiers were working to search for an unknown number of missing people and many were feared still trapped in wrecked vehicles or flooded garages. Chiva resident Juan Vicente Perez said in statements near the site of his former home that if he had waited five more minutes before evacuating, he would have died.

Inundacion_valencia_00.jpg Images from Valencia before and after the disaster showed the scale of the catastrophe, which had turned the Mediterranean city into a landscape of murky waters. The V-33 motorway was stained brown by a thick layer of mud. The tragedy has unleashed a wave of local solidarity. Some residents in towns such as Paiporta, where at least 62 people died, and Catarroja, have walked kilometres to Valencia to get supplies, passing neighbours from unaffected areas who bring water, essential products or shovels to help remove the mud. The large number of people coming to help led the authorities to ask them not to drive there, because they were blocking roads needed for emergency services. In addition to contributions from volunteers, associations such as the Red Cross and local councils were distributing food. And as the authorities repeated again and again, more storms were expected. The State Meteorological Agency (Aemet) issued warnings for heavy rain in Tarragona, Catalonia, as well as in parts of the Balearic Islands. Meanwhile, flood survivors and volunteers were focused on the titanic task of clearing an ever-present layer of thick mud. “This is a disaster. There are many elderly people who do not have medicine. There are children who do not have baby food. We do not have milk, we do not have water. We do not have access to anything,” a resident of Alfafar, one of the worst-affected towns in southern Valencia, told state broadcaster TVE. “Nobody has come here even to warn us on the first day.” Juan Ramón Adsuara, the mayor of Alfafar, one of the worst-affected towns, said that the aid was not enough for residents trapped in a “critical situation.” “There are people living with corpses at home, that is very sad. We are organizing ourselves, but we are running out of everything,” he told reporters. “We go to Valencia with the vans, we shop and we come back, but here we are totally forgotten.” The rushing water turned narrow streets into death traps and created torrents that swept away homes and businesses, leaving many uninhabitable. There was some looting in shops, and authorities arrested 50 people. Social media has channelled the needs of those affected. Some posted images of missing people in the hope of obtaining information about their whereabouts, while others launched initiatives such as Suport Mutu – or Mutual Support, in Valencian – that connected requests for help with people offering it. Others organised collections of basic goods across the country or started fundraisers.

mas-de-50-muertos-por-las-inundaciones-en-la-provincia-en-valencia-entre-ellos-varios-ninos-y-bebes.jpg

Spain's Mediterranean coast is accustomed to autumn storms that can cause flooding, but this was the most severe flash flood in recent memory. Scientists link it to climate change, which is also behind rising temperatures and droughts in Spain and the warming of the Mediterranean Sea. Man-made climate change has doubled the likelihood of a storm like this week's deluge in Valencia, according to a partial analysis released Thursday by World Weather Attribution, a group of dozens of international scientists who study the role of global warming in extreme weather. Spain has suffered a drought for nearly two years, which worsened flooding because dry soil was so hard it couldn't absorb water. Meanwhile, efforts continue to search for missing people and rehabilitate homes, streets and infrastructure. Since Friday morning, 500 more soldiers have joined the search efforts, along with the 1,200 UME soldiers deployed from almost the first moment.


Tips for Investing in Pesos in Argentina - by cronywell 27/10/2024 » 13:42

Investing in Argentine pesos is a constant concern for those who want to protect their savings and make them grow, especially in an economic context marked by inflation and volatility. In this article, we explore various investment alternatives in pesos that can help maintain purchasing power and obtain attractive returns. Javier Milei's government raised a 2025 budget with income and expense guidelines with projections. Tips for Investing in Pesos in Argentina To choose the best investment option in pesos in Argentina, consider the following aspects: • Evaluate your risk tolerance: Market volatility and inflation can affect some investments to a greater extent than others. • Establish deadlines and objectives: Defining the investment period (short, medium or long term) and the objective (savings, growth or preservation of value) is essential to make appropriate decisions. • Consult a financial advisor at the bank where you have an account: Given the local economic context, consulting with experts can offer a clearer vision and help customize the investment strategy. Notes for non-professional investors Investing in pesos in Argentina can be an effective way to protect capital against inflation and devaluation. The key is to explore alternatives such as UVA fixed terms, CER bonds and mutual funds that offer coverage against inflation. Analyzing the context and personal objectives will help choose the most appropriate and safe option for each investor. Are you ready to protect your capital in the current economic context? Given the annual inflation and exchange rate fluctuations, investing in pesos becomes a key tool to protect the value of savings. Although the dollar is a popular option to preserve the value of money, there are alternatives in pesos that offer benefits and opportunities for those who wish to avoid exchanging for foreign currency. 1. Fixed Terms: A traditional and safe alternative (more information here) • Traditional Fixed Term: This type of investment allows you to secure a fixed interest rate throughout the agreed period (usually 30 days or more). Currently, banks offer competitive interest rates that seek to beat monthly inflation. • UVA Fixed Term: This is a type of fixed term adjustable by inflation, where the invested capital is adjusted according to the variation of the price index (UVA). Investment in UVA is ideal for those who want direct protection against inflation, since the yield is linked to inflationary variations. 2. Peso Bonds: long-term coverage • CER Bonds: Bonds adjusted by CER (Reference Stabilization Coefficient) are also linked to inflation, which allows the value of the capital to be maintained in an inflationary context. These bonds are issued by both the State and private companies, and usually offer returns that exceed inflation. • Badlar Bonds: This type of bond adjusts its rate based on the Badlar rate (average interest for fixed terms of more than one million pesos in private banks), which usually offers a higher return than common fixed terms and allows you to take advantage of variable rates. 3. Mutual Funds Mutual funds are a flexible option that allows you to diversify your capital in different assets. In Argentina, there are several types of FCI in pesos: • Fixed-income funds: Composed mainly of bonds and fixed terms, they usually have a moderate risk. • Variable-income funds: They include shares and other instruments with greater volatility, which allows for greater potential gains in the medium and long term. • CER and UVA funds: These funds are composed of assets that are adjusted based on inflation, which makes them attractive for those seeking protection against the loss of purchasing power. 4. Investing in the Real Estate Sector with Pesos In recent years, the real estate sector has presented options for those who wish to invest in pesos without having to resort to the dollar. Some alternatives are: • Trusts in pesos: These funds allow you to participate in real estate projects and usually require a lower initial investment compared to the direct purchase of properties. • Real estate crowdfunding: Although still in its infancy in the country, this option allows for the acquisition of a small portion of real estate projects with affordable amounts, which democratizes access to real estate investment. 5. Cedears in Pesos: Investing in International Shares Argentine Certificates of Deposit (Cedears) are instruments that represent shares of foreign companies and can be acquired in pesos. Although these instruments are exposed to the dollar exchange rate and international movements, they allow for diversification Investments with companies such as Apple, Google or Tesla from the Buenos Aires Stock Exchange.

6. Cryptocurrencies: Digital Investment Despite their high volatility, cryptocurrencies have become an attractive alternative for investors in Argentina. Platforms such as Binance or Ripio allow you to buy and sell cryptocurrencies in pesos, facilitating access to this type of investment without having to change to dollars. • Stablecoins: Stablecoins, such as DAI or USDT, are usually a safe option within the crypto market. Being linked to the value of the dollar, these cryptocurrencies help protect capital from inflation without leaving the digital environment. Real-time cryptocurrency market - Markets 7. Stock Guarantees: Short-Term Performance Stock guarantees are a short-term investment alternative in the capital market. They consist of short-term loans (7 to 120 days) that allow you to obtain a fixed interest rate. This type of investment is suitable for those who want a quick return without long-term exposure.

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