WALLACEBURG – A $7.3 million Ontario government grant to construct a new power plant for the hospital here sends a strong signal the healthcare facility will remain open for many years to come.
ATHENS (Reuters) – Microsoft Corp. is to build a data centre hub in Greece as it invests in cloud services infrastructure in the country, a boon to an economy weakened by a decade-long debt crisis and the coronavirus pandemic.
Speaking at a virtual event in Athens on Monday, Microsoft President Brad Smith said the new hub would be beneficial to business, consumers and banks.
The size of the investment was not disclosed but government spokesman Stelios Petsas said that it would involve new infrastructure at a cost of 500 million euros and annual spending of 50 million euros in the coming years.
“There will be benefits for Greece given our commitment to training for thousands of people,” Microsoft’s Smith said through a translator.
He later tweeted that the investment will be Microsoft’s biggest in Greece in its 28 years of operating in the country. “This reflects our optimism in Greece’s future and economic recovery,” he said.
Greek Prime Minister Kyriakos Mitsotakis said the data centre would bring long-term financial benefits of 1.0 billion euros ($1.17 billion) to Greece.
“Greece will become a world hub for cloud,” Mitsotakis said, adding that the state-of-the-art centre would also upgrade the country as an investment destination.
He said the project will include a training program in digital skills for about 100,000 people.
($1 = 0.8519 euros)
(Reporting by George Georgiopoulos and Angeliki Koutantou; editing by Kirsten Donovan)
ASICLine Miners an Investment Opportunity – GlobeNewswire
ST. PAUL, Minn., Oct. 23, 2020 (GLOBE NEWSWIRE) — ASICLine has quickly grabbed the attention of crypto investors around the world since the recent launch of its miners. The two 5nm ASIC miners https://asicline.com from the company website, FirstLine and PowerBox have been designed with the sole objective to create a surefire investment opportunity for all crypto mining enthusiasts regardless of their knowledge and expertise. In order to ensure fastest return on investment, these products offer lightning fast hash rate as well as maximum energy efficiency.
To make things even better, FirstLine offers hash rates of 410 TH/s, 60 GH/s, 15 GH/s, and 3 MH/s for Bitcoin, Litecoin, Ethereum, and Monero respectively. These figures are even more impressive for PowerBox; 1250 TH/s, 180 GH/s, 45 GH/s, and 9 MH/s, in the same order. The power consumptions for these two units are 650 W and 1800 W respectively.
“ASICLine was created with the goal of making crypto mining a profitable investment option for common people. Both our miners are not only superior in terms of their hash rate and mining efficiency, but also super easy to use, even for people without any prior mining knowledge and experience. We are delighted to be able to deliver this viable investment opportunity in these troubled times,” said ASICLine CEO Martin Muller.
To find out more, visit: https://asicline.com/
About ASICLine: ASICLine Inc. was founded by a team comprising of multiple investors dedicated to bringing the latest ASIC technology miners to the market before the so-called technology giants use them for a long time for their own profit and dump them on the market when they are no longer profitable. Whenever a new generation of ASIC is available, ASICLine is committed to bringing it to the public for a price they can afford. The company is now offering an advanced range of ASIC miners with guaranteed profitability.
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Cannabis Canada: Organigram ups investment in synthetic cannabinoid business – BNN
Organigram doubles down on synthetic cannabinoid investment
Organigram Holdings said Friday it is providing an additional $2.5 million investment in Hyasynth Biologicals to help further the production of biosynthetic cannabinoids. Organigram made an initial $5 million invesment in the Montreal-based biotech firm in September 2018 and the Friday announcement represents the second of three tranches the cannabis producer has the right to make. Organigram has the right to purchase potentially all of Hyasynth’s cannabinoid production at a 10 per cent discount to the wholesale market price for a 10-year period. Several cannabis producers including Organigram and Cronos have invested significantly in synthetic cannabinoid research as a way to help drive down the cost of chemical compounds contained within the cannabis plant down to pennies per gram.
B.C. political parties fail to address illegal dispensary sales ahead of election
British Columbians will be heading to the polls on Saturday, yet cannabis hasn’t received much attention in the provincial election despite the industry becoming a significant job and economic driver, The Oz reports. The B.C.-based news site said that none of the major provincial political parties are willing to address unlicensed cannabis dispensaries continuing to operate unfettered in the province. However, the NDP has announced some policies that would support the cannabis industry, including direct delivery from producers to retailers as well as allowing “farmgate” sales, where consumers could buy from cultivators directly at their facilities.
New York to legalize cannabis ‘soon’ to help drive revenue: Governor
New York Governor Andrew Cuomo said he plans to legalize cannabis “soon” to help spur some badly needed economic development in the state, according to Marijuana Moment. Cuomo, who spoke during a virtual call to promote a new book, didn’t provide specifics on when legalization would occur, but his aides have previously communicated it would take place sometime early next year. “We need revenue and we’re going to be searching the cupboards for revenue,” Cuomo said. Previous efforts to legalize cannabis in New York have failed as negotiations between the governor and state legislators reached a stalemate on how tax revenue would be used.
– The price of a gram of cannabis in Canada, down 2.0 per cent from the prior week, according to the Cannabis Benchmark’s Canada Cannabis Spot Index. This equates to US$2,044 per pound at current exchange rates.
Cannabis Canada is BNN Bloomberg’s in-depth series exploring the ongoing growth of the Canadian recreational cannabis industry. Read more here and subscribe to our Cannabis Canada newsletter to have the latest news delivered directly to your inbox every day.
$7.3M investment signals long future for Wallaceburg hospital – Chatham Daily News
WALLACEBURG – A $7.3-million Ontario government grant to build a new power plant for the hospital here sends a strong signal the health-care facility will remain open for many years to come.
“This is an investment in not only the care and delivery and services here today, it’s an investment in the future, because this does provide a substantial backbone for a further redevelopment of this site in the future,” said Lori Marshall, president and CEO of the Chatham-Kent Health Alliance following the funding announcement Friday.
Monte McNaughton, minister of labour, training and skills development, who made the funding announcement on behalf of Health Minister Christine Elliott, also indicated more money is coming.
“This will be the first stage of a redevelopment plan,” he said, adding there are plans to move the emergency room and diagnostic imaging to a new location on the north side of the hospital.
Marshall said building a new power plant, estimated to take a year to complete, is a commitment to future expansion.
“If we were just looking at sustaining the current building, we would not have needed the level of infrastructure that is going into this power plant,” she said.
“What the power plant actually does is gives us the level of infrastructure to truly support a new build, new code requirements all those kinds of things.”
Marshall said $7.3 million covers the cost of building the new power plant, along with the 10 per cent local requirement the hospital group had in reserve, so no fundraising will be needed.
She said plans have already been submitted for consideration to the Health Ministry for redeveloping the emergency room, diagnostic imaging and laboratory areas.
However, Marshall noted there is no firm timeline for when this expansion could happen.
Other future plans for upgrading the hospital include expanding ambulatory care, including specialty clinics, along with respiratory therapy, physiotherapy and laboratory services.
Walpole Island Chief Charles Sampson said the First Nations community has a long history with the hospital, noting many people from Walpole Island have worked there.
“The people of Walpole Island are very thankful of the tireless efforts from all the front-line, essential health-care workers in Chatham-Kent,” he added.
McNaughton noted the importance of local health care has only been amplified by the COVID-19 pandemic.
While fighting COVID-19 remains a priority, the MPP for Lambton-Kent-Middlesex said the provincial government intends “to invest in things that matter to people in Southwestern Ontario and beyond.”
When built in the 1950s at a cost of approximately $900,000, the Wallaceburg hospital “became a jewel of the community,” Greg Aarssen, the hospital board’s chair, said.
He added renewed focus on the site has seen reinvestment in the emergency department, additional respiratory therapy coverage, capital equipment upgrades and the addition of specialty clinics, as well as a partnership to provide community care nursing clinics.
“All of these set the stage for the reinvestment we are seeing from the Ontario government to ensure that hospital services remain an important part of this community,” Aarssen said.
However, it wasn’t that many years ago the community was fighting to keep the emergency department open and halt plans to have the site become an urgent care centre.
Wallaceburg Coun. Carmen McGregor said her first term on council included walking into a community effort by the citizen group, Save Our Sydenham, to fight to keep the hospital open.
“It was quite an initiation as a councillor to come into,” she said.
McGregor credited being able to work with former Wallaceburg councillor Jeff Wesley and the determination of the community to now see this “great news” for the future.
Noting she and fellow Wallaceburg Coun. Aaron Hall are working on initiatives to revitalize the downtown core, McGregor said, the hospital announcement “solidifies the direction we want to move in and will now encourage people to relocate to our community.”
Hall said Wallaceburg residents not only donated to build the hospital, but the whole community rallied for years to ensure it stayed open and viable.
He said the province isn’t going to invest more than $7 million if the hospital isn’t here to stay.
“It’s great news for Wallaceburg, great news for the future of the hospital,” Hall said.
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