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Hyundai Motor Group to invest more than $10 billion in U.S. up to 2025

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(Last Updated On: May 22, 2022)

Hyundai Motor Group said on Sunday it would invest an additional $5 billion in the United States by 2025 to strengthen collaboration with U.S. firms in advanced technology.

The investments, announced during a visit to Seoul by President Joe Biden, are for robotics, urban air mobility, autonomous driving and artificial intelligence, the group said.

Hyundai Motor Group, which houses Hyundai Motor Co (005380.KS) and Kia Corp (000270.KS), on Friday announced plans to invest $5.5 billion in Georgia to build electric vehicle (EV) and battery facilities.

The new investment brings its planned U.S. total through 2025 to about $10 billion, above the $7.4 billion it announced last year.

The world’s third-biggest automaker by vehicles sales did not say where in the United States the additional $5 billion would be invested.

“Thanks to Hyundai, we are being part of this transformative automobile sector and accelerating us on a road where we’re going to be handing to United States of all electric future,” Biden told a news conference.

Standing next to him after a meeting, Hyundai Motor Group executive chair Euisun Chung said, “I am confident that this new plant in Georgia will help us become a leader in the America automobile industry with regards to building high quality electric vehicles for our U.S. customers.”

The auto group said on Wednesday it would invest 21 trillion won ($16 billion) through 2030 to expand its EV business in South Korea.

Hyundai’s new EV and battery manufacturing facilities will be based in the southern “right to work” state, where labour unions are less prevalent and cannot require workers to join.

Biden, a Democrat, has described himself as the most pro-union president in history. But the deal, announced by Georgia’s Republican governor, showed the compromises the president may have to make as he woos investment overseas.

Science & Technology

Rich heritage buried under impoverished Gaza Strip

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(Last Updated On: June 26, 2022)

While workers labored on a large construction site in the Gaza Strip, a security guard noticed a strange piece of stone sticking out of the earth.

“I thought it was a tunnel,” said Ahmad, the young guard, referring to secret passages dug by Hamas to help it battle Israel.

In the Gaza Strip, ruled by Hamas and repeatedly ravaged by war, people are more familiar with burying the dead than digging up their heritage.

But what Ahmad found in January was part of a Roman necropolis dating from about 2,000 years ago — representative of the impoverished Palestinian territory’s rich, if under-developed, archaeological treasures, phys.org reported Sunday.

After the last war between Israel and Hamas in May 2021 left a trail of damage in Gaza, Egypt began a reconstruction initiative worth $500 million.

As part of that project in Jabaliya, in the north of the coastal enclave, bulldozers were digging up the sandy soil in order to build new concrete buildings when Ahmad made his discovery.

“I notified the Egyptian foremen, who immediately contacted local authorities and asked the workers to stop,” said Ahmad, a Palestinian who preferred not to give his full name.

With rumors on social media of a big discovery, Gaza’s antiquities service called in the French non-governmental group Premiere Urgence Internationale and the French Biblical and Archaeological School of Jerusalem to evaluate the site’s importance and mark off the area, phys.org reported.

“The first excavations permitted the identification of about 40 tombs dating from the ancient Roman period between the first and second centuries AD,” said French archaeologist Rene Elter, who led the team dispatched to Jabaliya.

“The necropolis is larger than these 40 tombs and should have between 80 and 100,” he said.

One of the burial sites found so far is decorated with multi-colored paintings representing crowns and garlands of bay leaves, as well as jars for funereal drinks, the archaeologist added.

Stakes and fences have been erected around the Roman necropolis, which is watched over constantly by guards as new buildings go up nearby, phys.org reported.

Gaza is a tiny, overcrowded strip of land whose population in 15 years has ballooned from 1.4 million to 2.3 million. As a result, building construction has accelerated.

“Some people avoid telling authorities if there is an archaeological discovery on a construction site out of fear of not being compensated” for the resulting work stoppage, Abu Hassan said.

“We lose archaeological sites every day,” which shows the need for a strategy to defend the enclave’s heritage, including training local archaeologists, he said.

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Burmese python weighing almost 100kg caught in Florida

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(Last Updated On: June 24, 2022)

The largest Burmese python ever seen in Florida was caught by researchers who used another python to lure it out of its hiding place in the Everglades, National Geographic reported this week.

The gargantuan snake was a female, measuring nearly 5.4 meters long and weighing 97 kilograms, 13.6 kg more than the next-largest python ever found in the state.

Most Burmese pythons that are found in Florida range between 1.8 and 3 m long, although in their native habitats in Southeast Asia, the snakes commonly reach 5.4 m. The largest can reach lengths of 6 m or more, according to the Florida Fish and Wildlife Conservation Commission.

Since being introduced in Florida in the 1970s, the invasive pythons have bred successfully in the southern regions of the state, where they prey on many native birds and mammals, as well as the occasional alligator or pet dog, Live Science reported.

A 3.7 m snake nicknamed Dion served as bait for the record-setting female that the team captured in December.

At that time, the team of researchers noticed Dion had stationed himself in one particular location near Naples, within the western Everglades’ ecosystem. When they went to check on him, they found him coiled near a monstrous female.

After an intense wrestling match, the researchers managed to wrangle the huge female into a bag, which they then secured and transported to their research facility.

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Giant stingray caught in Cambodia is world’s largest freshwater fish

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(Last Updated On: June 22, 2022)

The largest freshwater fish ever recorded was captured in the Mekong River in Cambodia last week by a fisherman collaborating with researchers to document the river’s biodiversity.

The four-meter endangered giant freshwater stingray (Urogymnus polylepis) was hauled from the river on June 13 before being measured and released back into the wild, the non-profit conservation news service Mongabay reported.

Weighing in at nearly 300 kilograms, the stingray surpasses the previous record holder, a 293-kg Mekong giant catfish (Pangasianodon gigas) caught in Thailand in 2005.

Experts say the find emphasizes what’s at stake in the Mekong, a river that’s facing a slew of development threats, including major hydropower dams that have altered the river’s natural flow and exacerbated low river levels due to dry-season droughts in recent years, Mongabay reported.

“This is an absolutely astonishing discovery, and justifies efforts to better understand the mysteries surrounding this species and the incredible stretch of river where it lives,” Zeb Hogan, a fish biologist and leader of the USAID-funded Wonders of the Mekong project, said in a statement.

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