"I am the Way, the Truth, and the Life"

Father God, thank you for the love of the truth you have given me. Please bless me with the wisdom, knowledge and discernment needed to always present the truth in an attitude of grace and love. Use this blog and Northwoods Ministries for your glory. Help us all to read and to study Your Word without preconceived notions, but rather, let scripture interpret scripture in the presence of the Holy Spirit. All praise to our Lord and Saviour Jesus Christ.

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Showing posts with label stock prices. Show all posts
Showing posts with label stock prices. Show all posts

Tuesday, February 27, 2024

Bits and Bites from around the Moon > "TILT - Game Over"

 

With U.S. spacecraft ‘tipped over’ on moon,

mission to be cut short Tuesday

A private U.S. lunar lander is expected to stop working Tuesday, its mission cut short after landing sideways near the south pole of the moon.

Intuitive Machines, the Houston company that built and flew the spacecraft, said Monday it will continue to collect data until sunlight no longer shines on the solar panels. Based on the position of Earth and the moon, officials expect that to happen Tuesday morning. That’s two to three days short of the week or so that NASA and other customers had been counting on.

The lander, named Odysseus, is the first U.S. spacecraft to land on the moon in more than 50 years, carrying experiments for NASA, the main sponsor. But it came in too fast last Thursday and the foot of one of its six legs caught on the surface, causing it to tumble over, according to company officials.

Based on photos from NASA’s Lunar Reconnaissance Orbiter flying overhead, Odysseus landed within a mile or so (1.5 kilometers) of its intended target near the Malapert A crater, just 185 miles or so (300 kilometers) from the moon’s south pole.

The LRO photos from 56 miles (90 kilometers) up are the only ones showing the lander on the surface, but as little more than a spot in the grainy images. A camera-ejecting experiment by Embry-Riddle Aeronautical University, to capture images of the lander as they both descended, was called off shortly before touchdown because of a last-minute navigation issue.

Click to play video: 'Odysseus’ historic moon mission underway'
6:26
Odysseus’ historic moon mission underway

According to NASA, the lander ended up in a small, degraded crater with a 12-degree slope. That’s the closest a spacecraft has ever come to the south pole, an area of interest because of suspected frozen water in the permanently shadowed craters there.

NASA, which plans to land astronauts in this region in the next few years, paid Intuitive Machines $118 million to deliver six experiments to the surface. Other customers also had items on board.

Instead of landing upright, the 14-foot (4.3-meter) Odysseus came down on its side, hampering communication with Earth. Some antennas were covered up by the toppled lander, and the ones still exposed ended up near the ground, resulting in spotty communications. The solar panels also ended up much closer to the surface than anticipated, less than ideal in the hilly terrain. Even under the best of circumstances, Odysseus only had a week to operate on the surface before the long lunar night set in.

Since the 1960s, only the U.S., Russia, China, India and Japan have successfully pulled off moon landings, and only the U.S. with crews. Japan’s lander ended up on the wrong side, too, just last month.

Despite its slanted landing, Intuitive Machines became the first private business to join the elite group. Another U.S. company, Astrobotic Technology, gave it a try last month, but didn’t make it to the moon because of a fuel leak.

Click to play video: 'Odysseus Lander making history on lunar surface'
1:36
Odysseus Lander making history on lunar surface

Intuitive Machines almost failed, too. Ground teams did not turn on the switch for the lander’s navigating lasers before the Feb. 15 liftoff from Florida. The oversight was not discovered until Odysseus was circling the moon, forcing flight controllers to rely on a NASA laser-navigating device that was on board merely as an experiment.

As it turned out, NASA’s test lasers guided Odysseus to a close to bull’s-eye landing, resulting in the first moon landing by a U.S. spacecraft since the Apollo program.

Twelve Apollo astronauts walked on the moon from 1969 through 1972. While NASA went on to put an occasional satellite around the moon, the U.S. did not launch another moon-landing mission until last month. Astrobotic’s failed flight was the first under NASA’s program to promote commercial deliveries to the moon.

Both Intuitive Machines and Astrobotic hold NASA contracts for more moon landings.

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Tuesday, May 12, 2020

Corruption is Everywhere - Most Definitely in Communist China - 2 Stories

Chinese Communist Party official charged in
$100M graft case
By Elizabeth Shim

A former Chinese Communist Party official in Shaanxi Province has been accused of bribery and defying orders from President Xi Jinping. File Photo by Stephen Shaver/UPI


(UPI) -- A senior Chinese Communist Party official in Shaanxi Province has been charged with taking $101.3 million in bribes connected to the construction of an illegal resort village in the Qinling Mountains.

Chinese news agency Xinhua reported Tuesday that Zhao Zhengyong, former chief of the Shaanxi Provincial Committee of the Communist Party, was found to have embezzled more than $100 million during his trial at the First Intermediate People's Court of Tianjin Municipality.

The bribe linked to Zhao dwarfs the graft case of Xing Yun, a former senior legislator of northern China's Inner Mongolia Autonomous Region. Xing was sentenced to death in 2019 for accepting money and valuables worth $63.9 million.

Zhao, a former senior national legislator, was a leading Communist Party official in Shaanxi Province from 2003 to 2018. Of the $101.3 million he accepted while in office, $41 million "was not received," Chinese prosecutors said Monday.

Zhao reportedly pleaded guilty to taking bribes on Monday. He is being charged with forging ahead with construction projects in the Qinling Mountains, which was reportedly declared a nature reserve six times since May 2014 by Chinese President Xi Jinping.

Zhao left office in January 2019 and is believed to have fallen out of favor with Xi for "disobeying orders," according to Chinese state media.

I wonder if he would have been prosecuted had he remained in Xi's favour?

Xi has kept a low profile following the coronavirus pandemic that began in the central Chinese city of Wuhan.

The growing movement among countries for China to apologize and pay reparations is drawing a nationalist response in the country, the South China Morning Post reported Tuesday.

Chinese analysts are warning of trends that exclude China from global cooperation.

"We have every reason to say that an international alliance is forming that excludes China and the Chinese yuan," said Li Yang, director of the Chinese Academy of Social Sciences' National Institution for Finance and Development, according to the Post.




Luckin Coffee fires CEO, COO amid fraud probe


By Danielle Haynes

(UPI) -- China's rival to Starbucks, Luckin Coffee, announced Tuesday the departure of two senior management officials implicated in a fraud investigation.


The board of directors fired CEO Jenny Zhiya Qian (above) and Chief Operating Officer Jian Liu. Both also resigned from the company's board.

Jinya Guo, senior vice president, was named acting CEO, and Wenbao Cao and Gang Wu, both senior vice presidents, were named to the board as replacements.

The departures come after six other employees who were involved in or had knowledge of the scandal were suspended or placed on leave.

In April, Luckin revealed that Liu fabricated about $310 million in sales in 2019, prompting the company's stock to fall 80 percent.

"The company has been cooperating with and responding to inquiries from regulatory agencies in both the United States and China," Luckin said. "The company will continue to cooperate with the internal investigation and focus on growing its business under the leadership of the board and current senior management."