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According to RIA Novosti: A senior Russian diplomat said that Russian and US representatives plan to hold another round of meetings in a third country in the next two weeks.On February 22, French central bank governor and ECB board member Francois Villeroy said in an interview published on Saturday that the European Central Bank may reduce its deposit rate to 2% by this summer. He said, "From where we are today, we may reach 2% by this summer." Villeroy also reiterated that industry consolidation among European banks may make them more competitive at the global level. On January 30 this year, the European Central Bank cut its deposit rate by 25 basis points to 2.75%. As concerns about sluggish economic growth replaced concerns about continued inflation, policymakers hinted at further interest rate cuts in March.On February 22, according to the automotive news website Electrek, Alef Aeronautics, a company invested by Musk, recently successfully demonstrated the take-off capability of its electric flying car in front of the public. Jim Dujovny, CEO of Alef, said that this successful take-off is not only a recognition of the companys ten years of efforts, but also a declaration to the world of the feasibility of a new mode of transportation. He emphasized that Alef is committed to creating a new era of transportation. At present, Alefs electric flying car has received 3,300 pre-orders, and the estimated price is about US$300,000.According to RIA Novosti: Russian Deputy Foreign Minister Ryabkov said that Russia has not yet received an agreement from the new ambassador to Washington.A Honda Motor executive dismissed a potential partnership with Foxconn, citing the limited benefits it would bring.

Desalination Plant in California Suffers Setback With Recommendation For Denial

Haiden Holmes

Apr 26, 2022 10:07

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The commission, which has the authority to reverse staff decisions but does so infrequently, is due to vote on the project on May 12.


Desalination, environmentalists argue, annihilates ocean life, consumes excessive amounts of money and energy, and will soon be rendered obsolete by water recycling.


Poseidon Water, the infrastructure subsidiary of Canada's Brookfield Asset Management, is proposing the desalination facility near Huntington Beach, just south of Los Angeles.


Poseidon has been attempting to secure approval for the project for more than two decades, spending an estimated $100 million in the process.


With the Western states of the United States suffering from a prolonged drought, officials appeared to be on the verge of approving the Huntington Beach facility. Last year, the business expressed sufficient confidence to discuss breaking ground on the $1.4 billion factory by the end of 2022.


Poseidon has operated a comparable facility in Carlsbad since 2015, although it was permitted locally prior to the state enacting regulations governing desalination plants.