Avio’s Vega C rockets set to relaunch by late 2024 following ESA advice.
Italy’s Avio to Fix Rockets Following Failed Satellite Launch
October 2, 2023 – 8:46 AM PDT
MILAN, Oct 2 (Reuters) – Italy’s Avio announced on Monday that its Vega C rockets will be back in action by late 2024. This comes after an independent panel, set up by the European Space Agency (ESA), recommended fixes following a failed satellite launch.
An Arianespace mission on Dec. 20 carrying two Airbus Defence & Space satellites failed around two and a half minutes into flight when an anomaly occurred with the Zefiro 40 motor used by the Vega C rockets.
Avio revealed that the investigation conducted by ESA attributed the failure to a nozzle issue with the Zefiro 40. The combination of the throat insert’s geometry and the new Carbon-Carbon material’s thermo-mechanical properties were identified as the cause.
A task force, led by ESA and Avio, is currently working on implementing the recommendations from the enquiry panel.
In the meantime, Avio also announced the launch of two other Vega rockets, which do not use the Zefiro 40 motor. The first flight is scheduled for Oct. 6 from the Guiana Space Centre, with the second one planned for the second quarter of next year.
Italy’s Vega C rocket is set to play a crucial role in Europe’s access to space, especially after Arianespace had to halt the use of Russian Soyuz vehicles due to Moscow’s invasion of Ukraine.
(Reporting by Cristina Carlevaro and Alessandro Parodi, editing by Alvise Armellini)
Chicago’s Financial Struggles and Population Decline
Chicago seems to be a city running out of money and people to tax it from. One America’s Tom McGrath covers why residents are leaving and the worsening conditions for those who remain.
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Avio’s Vega C Rockets to Return to Flight
Avio has announced that its Vega C rockets will be back in action after implementing necessary fixes following a failed satellite launch.
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U.S. Supreme Court Agrees to Hear Case
By Andrew Chung September 29, 2023 – 8:04 AM PDT
The U.S. Supreme Court has agreed to hear a case on Friday…
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What are the reasons behind Chicago’s declining population and how has this affected the city’s tax base and economic growth?
Chicago’s Financial Struggles and Population Decline
October 2, 2023
Chicago, also known as the “Windy City,” has long been a symbol of American prosperity and urban development. However, recent years have seen the city grapple with financial challenges and a declining population. This article will explore the reasons behind Chicago’s struggles and the potential impact on its future.
One of the main factors contributing to Chicago’s financial difficulties is its massive pension debt. The city’s pension funds, which provide retirement benefits to current and former employees, have been severely underfunded for years. As a result, Chicago has faced budget deficits and a credit rating downgrade, making it more difficult and costly to borrow money.
In addition to the pension crisis, Chicago has seen a decline in its population. According to recent census data, the city’s population decreased by 2% between 2010 and 2020. This decline can be attributed to a variety of factors, including high crime rates, high taxes, and a lack of affordable housing. The exodus of residents has further impacted the city’s tax base and economic growth.
The combination of financial struggles and a declining population has led to a decrease in public services and infrastructure investment. Chicago’s schools, in particular, have been hit hard by budget cuts, leading to overcrowded classrooms and a lack of resources. The city’s transportation system and public parks have also suffered from reduced funding, impacting the quality of life for its residents.
To address these challenges, city officials have implemented various measures. One such measure is the recent increase in property taxes, aimed at generating revenue to tackle the pension crisis. However, this move has faced criticism from residents and business owners, who argue that it only adds to the burden on already struggling taxpayers.
Furthermore, Chicago’s Mayor has made efforts to attract new businesses and investment to the city as a means of revitalizing the economy. Initiatives such as tax incentives and streamlined business regulations have been introduced to attract companies and create job opportunities.
While these actions may provide some short-term relief, the long-term prospects for Chicago remain uncertain. The city must address its underlying financial issues and create an environment that fosters growth and stability. This includes implementing comprehensive pension reforms, tackling crime rates, and improving the quality of education and public services.
In conclusion, Chicago’s financial struggles and population decline are intertwined challenges that require careful attention and action. The city’s future success will depend on its ability to address these issues head-on and create an environment conducive to growth and prosperity. With strategic planning and collaboration between public and private sectors, there is hope that Chicago can reclaim its position as a thriving and vibrant city.
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