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America vs the World VI: Pope Idol
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Shares of Starlink's European rival Eutelsat have tripled. CEO says it can do the job in Ukraine.
"Eutelstat Communications CEO says 'months, not years,' are needed to get as many satellites into Ukraine as Elon Musk's Starlink has had there
Talks with European leaders to replace Elon Musk's Starlink satellite services in Ukraine have "intensified" over the past two weeks, according to the chief executive officer of French rival Eutelsat Communications.
"Until now, we have been together with Starlink there, but it's clear that everybody is asking us today, 'Can you actually replace especially the very large number of terminals that Starlink has across Ukraine?' And that's something we're looking very actively at," Eve Berneke, who heads the Paris-headquartered satellite operator, was quoted on Thursday as having told Bloomberg News.
Shares of Eutelsat (FR:ETL) (ETCMY) (UK:ETL) saw their biggest-ever one-day surge, 119%, on Tuesday, as European defense-related stocks rallied following Germany's announcement of a massive boost in spending to counter President Donald Trump's dramatic pause of military aid to Ukraine.
Shares began climbing Monday in the wake of a terse meeting late last week between Trump and Ukraine President Volodymyr Zelensky at the White House. The stock is up 229% to date in 2025.
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Originally posted by QualityChimp View PostShares of Starlink's European rival Eutelsat have tripled. CEO says it can do the job in Ukraine.
"Eutelstat Communications CEO says 'months, not years,' are needed to get as many satellites into Ukraine as Elon Musk's Starlink has had there
Talks with European leaders to replace Elon Musk's Starlink satellite services in Ukraine have "intensified" over the past two weeks, according to the chief executive officer of French rival Eutelsat Communications.
"Until now, we have been together with Starlink there, but it's clear that everybody is asking us today, 'Can you actually replace especially the very large number of terminals that Starlink has across Ukraine?' And that's something we're looking very actively at," Eve Berneke, who heads the Paris-headquartered satellite operator, was quoted on Thursday as having told Bloomberg News.
Shares of Eutelsat (FR:ETL) (ETCMY) (UK:ETL) saw their biggest-ever one-day surge, 119%, on Tuesday, as European defense-related stocks rallied following Germany's announcement of a massive boost in spending to counter President Donald Trump's dramatic pause of military aid to Ukraine.
Shares began climbing Monday in the wake of a terse meeting late last week between Trump and Ukraine President Volodymyr Zelensky at the White House. The stock is up 229% to date in 2025.
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With a system out of musks hands this can’t happen.
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Zelenskyy said he accepted US proposal of unconditional ceasefire on frontline in ‘substantive’ conversation with Trump
Putin and Zelenskyy agree to exchange prisoners and halt infrastructure attacks
Russian leader refuses to commit to a full month-long truce after high-stakes phone call with Donald Trump
Which Putin immediately goes against
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Judge halts efforts to fire USAid workers, a major setback in administration’s attempts to bulldoze federal government
Judge rules that administration’s terminations were illegal; Trump fires only two democratic commissioners at US Federal Trade Commission – key US politics stories from Tuesday at a glance
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Originally posted by Neon Ignition View Post
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'Segregated facilities' are no longer explicitly banned in federal contracts
"After a recent change by the Trump administration, the federal government no longer explicitly prohibits contractors from having segregated restaurants, waiting rooms and drinking fountains.
The segregation clause is one of several identified in a public memo issued by the General Services Administration last month, affecting all civil federal agencies. The memo explains that it is making changes prompted by President Trump's executive order on diversity, equity and inclusion, which repealed an executive order signed by President Lyndon B. Johnson in 1965 regarding federal contractors and nondiscrimination. The memo also addresses Trump's executive order on gender identity.
While there are still state and federal laws that outlaw segregation and discrimination that companies need to comply with, legal experts say this change to contracts across the federal government is significant."
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