Daily Archives: June 13, 2021

Balderton Capital Expands, Launching $680M ‘Early Growth’ Fund to Invest in Future Tech Giants Born in Europe – Business Wire

Posted: June 13, 2021 at 12:53 pm

LONDON--(BUSINESS WIRE)--Two decades in European tech

After more than 20 years focused on backing Europes most ambitious early-stage founders, Balderton Capital is launching a dedicated growth fund to extend its support to European founders scaling the next global tech giants.

While this is the first time the firm has expanded to a completely new stage of primary investing, Balderton already holds one of the largest growth stage portfolios in Europe, having backed some of Europes most successful startups from a very early stage. The firm invested at Seed or Series A in global leaders Aircall, ComplyAdvantage, Contentful, Depop, GoCardless, Infarm, Labster, Revolut, THG, Vestiaire Collective and Zego. The firms Liquidity I portfolio also includes some of Europes leading growth companies, such as Darktrace, Flywire, Graphcore and Truecaller.

Balderton predicts a formidable increase in the European growth stage opportunity

Balderton sees an unprecedented opportunity for growth stage investing in Europe. Along with a maturing technology ecosystem, market disruption caused by the coronavirus pandemic has favoured innovation. The number of deals between $5m and $50m in Europe has been growing steadily year-on-year, with deal counts in those ranges now accelerating faster than in the US. Ten years ago, the US was doing five times the number of venture deals compared to Europe. Today that ratio has more than halved.1 All indications point to more high quality European companies reaching a stage of maturity where they need experienced European growth capital.

Ive been an investor at Balderton since 2008, and it has been incredible to see the increasing number of ambitious European founders, and to be able to support them financially through those critical first three to five years with our early stage funds. With this Growth Fund, we can now support them as they scale to become global industry leaders. We predict a $50 billion growth opportunity in Europe in the next three years alone, and we want to be the first choice for those ambitious founders, said Bernard Liautaud, Managing Partner.

The fund will target exceptional companies at the early-growth stage and is sector-agnostic. Balderton expects to invest between $25m and $50m per company through both primary and secondary investments.

Rana Yared, General Partner, adds: Our approach for this fund will be one of few. This means personalised attention from the entire partnership, plus access to Baldertons leading platform team. Were looking for fifteen or so really exceptional companies that have the potential to be sector leaders and disrupt global industries.

World-class growth team

Balderton Growth I will be led by a world-class team of experienced investor operators: Baldertons Managing Partner, Bernard Liautaud; General Partner David Thvenon, previously at Google and Softbank; and General Partner Rana Yared, previously at Goldman Sachs. This team brings exceptional experience to share with Founders, having been on the board of global giants across Europe, Asia and the US, including Grab, SoFi, Lemonade, Talend, THG, Tradeweb and Unqork .

Baldertons Growth team will also be supported by the firms equal Partnership. Baldertons Partners are equally vested in every Portfolio companys success, and all Founders benefit from access to the full teams experience and support.

Portfolio leadership teams will also have access to Baldertons wider team, which has now grown to over 50, including functional specialists in marketing, talent, legal and finance, and 23 investors across key European hubs including London, Berlin, Paris and Stockholm.

David Thvenon, General Partner at Balderton said: We have been lucky enough to have spent the past two decades deeply embedded in the European tech ecosystem, working with hundreds of extraordinary founders. Our partners are a mixture of financiers, tech operators and founders themselves, and together we have a deep understanding of the opportunities and challenges of scaling globally from the continent. This fund will allow us to expand our support, not only to our existing portfolio but also to Europes most promising future global leaders.

Building on momentum

This fund follows Baldertons launch of Europes first dedicated secondary fund, Liquidity I in 2018, and the firms seventh Series A fund in 2019, and it comes after a record year for both Balderton and its portfolio.

In the 18 months since January 2020, 22 new companies have joined the Balderton portfolio, and the firm has made over 45 follow-on investments. There have been three IPOs, with THG in 2020, (the second most valuable technology IPO in Europe); Darktrace in 2021; and Flywire in 2021. The firm has also seen eleven portfolio exits since January 2020, including Digital Surgerys acquisition by Medtronic, Peakons acquisition by Workday and Depops acquisition by Etsy.

In addition, companies in the Balderton portfolio have themselves raised more than $5bn since January 2020 to fuel growth, of which close to $1.7bn has been since the beginning of 2021. The portfolio now employs over 25,000 staff in over 50 countries around the world.

- ENDS -

About Balderton Capital

Balderton Capital is Europes leading venture firm focused exclusively on backing the best European-founded technology companies. In the two decades since its founding, Balderton has worked with hundreds of extraordinary European founders, and has raised 4$bn across nine funds. Previous exited investments include Betfair (FTSE: BET), Depop (Etsy), Digital Surgery (Medtronic), Frontier Car Group (OLX Group), Magic Pony (Twitter), NaturalMotion (Zynga), Peakon (Workday), Recorded Future (Insight Partners), Sunrise (Microsoft), Talend (NASDAQ: TLND) and Yoox Net-a-Porter (BIT: YNAP). Baldertons current portfolio includes: Aircall, Carwow, Citymapper, Contentful, ComplyAdvantage, Darktrace (LON: DARK), Flywire (NASDAQ: FLYW), GoCardless, Graphcore, Infarm, Kobalt Music, Nutmeg, Prodigy Finance, Revolut, SOPHiA Genetics, Tessian, THG (LON: THG), VanMoof, Vestiaire Collective, Vivino and Zego.

For more information see http://www.balderton.com or follow @balderton.

1 Source: Pitchbook

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Portion of Cousino Rd. to be repaved in LaSalle – Monroe Evening News

Posted: at 12:52 pm

A Wixom contractor will repave a portion of Cousino Rd. in LaSalle Township next week, one of many improvements planned in the region, the Monroe County Road Commission has announced.

Cadillac Asphalt is scheduled to do a hot-mix asphalt resurfacing on Cousino between Muddy Creek and S. Otter Creek Rds., closing the road to through traffic, said Pamela Morgan from the maintenance division at the road commission. Traffic regulators will maintain local access, Morgan said. All work is weather permitting.

Several stone chip and sealing projects are planned elsewhere. Following is a roundup of road and drainage work planned in other townships next week:

Dundee Township

Dixon Rd. -- A county tiling crew will remove and replace two drainage cross-tiles on Dixon between M-50 and Pumpkin Hook Rd. Dixon will be closed to traffic and possibly overnight, Morgan said. There will be no posted detour due to a low traffic volume. The improvement is weather permitting.

Frenchtown Township

Reinhardt Rd. Reinhardt is tentatively scheduled to be chip sealed during the upcoming week. Reinhardt will be closed while crews are applying the seal and the road will be swept the following day. Motorists are encouraged to travel at an advisory speed limit of 25 mph until the road surface has been swept.

Frenchtown and Raisinville townships

Stewart Stewart will be chip sealed from Raisinville Rd. to Bates Lane, closing the road to traffic. Stewart will be swept the following day. Motorists are encouraged to travel at the advisory speed of 25 mph until the surface has been swept.

London Township

Plank Plank between Ostrander and Sherman Rds. will be chip sealed, closing the road while crews are working. The road will be swept the following day. Motorists are asked to drive at a speed limit of 25 mph until the surface has been swept.

Milan Township

The following four roads are tentatively scheduled to be chip sealed during the upcoming week:

Cone Rd. From Ann Arbor Rd. to the end of pavement.

Dundee-Azalia Rd. from Ostrander Rd. to Oelke Rd.

Hickory Rd. From Dennison Rd. to N. County Line Rd.

Sanford Rd. From Plank Rd. to Milan-Oakville Rd.

All four roads will be closed while crews are working and the roads will be swept the following day.

Raisinville Township

Blue Bush Rd. Blue Bush will be chip sealed between Steffas and Raisinville Rds., closing the road. Blue Bush will be swept the next day and motorists are asked to drive at the advisory speed limit of 25 mph until the surface has been swept.

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Flag Day 2021: New Jersey’s connection to the Stars and Stripes – NorthJersey.com

Posted: at 12:52 pm

Carl J. Asszony, Special to the USA TODAY Network Published 4:00 a.m. ET June 11, 2021

Flag Day at GWB. NorthJersey.com

Although not a federal holiday, Flag Day, June 14, is the day that commemorates the Continental Congress' adoption of the flag of the United States on June 14,1777. Since that time the flag has been an active part of Americas history. The newly created American flag would become the nations symbol of liberty and carried the message of freedom around the world.

How did it all happen?

The idea of Betsey Ross being the designer and maker of the first American flag is now considered by most historians to be the stuff of legend. Mostly forgotten is a gentleman from New Jersey who designed the banner adopted as the American flag by Congress in 1777.

There seems to be ample evidence that Francis Hopkinson, one of the signers of the Declaration of Independence as adelegate from New Jersey, actually designed the American flag t. The new flag consisted of thirteen stripes, alternate red and white; with thirteen stars, white in a blue field, each star representing a new state.

The world's largest free flying flag hangs from the New Jersey Tower of the George Washington Bridge on Flag Day Friday June 14, 2019 in Fort Lee, N.J. (Photo: Tariq Zehawi/NorthJersey.com)

Hopkinson, born in Philadelphia, Pennsylvania, would later move to Bordentown, New Jersey, where he married, practiced law and became a member of Congress. He was a man of many skills he was a writer, poet, lawyer, composer, politician, businessman as well as the designer of the New Jersey state seal and the seal of the U.S. Treasury. He is also associated with the design of the Great Seal of the United States. Hopkinson submitted a bill for his design of the flag, asking a quarter cask of wine which he thought proper and reasonable. Congress turned him down, claiming he was already paid as a public servant.

The Francis Hopkinson House (101 Farnsworth Avenue, Bordentown, New Jersey) was Hopkinson's residence from 1774 to 1791. Built in 1750 by John Imlay, a merchant. The structure is an L-shaped two-and-one-half-story brick structure with a gambrel and dormered roof.(Photo: Wikimedia Commons/Mr. Matt)

For Flag Day: World's biggest American flag comes out of hiding

For 244 years, the American flag has endured through the most difficult and challenging times in American history. It was carried forward in the struggle for freedom during theRevolution; it endured the shot and shell while it flew over the embattled Ft. McHenry; it held firm during the Battle of New Orleans, and was present at Shiloh and Chancellorsville; it flew in all its glory over Flanders fields; it was carried across Europe, North Africa and islands in the Pacific in the cause of freedom during World War II; and brave men proudly raised the American flag above Mount Suribachi, on the bleak island of Iwo Jima. Old Glory also saw action in Korea, Vietnam and many places around the world were Americans fought and died in the cause of liberty.

America endures because of the courage and sacrifice of those who served under that flag and those veterans whose coffins are draped with the red, white, and blue. Throughout American history generations of men and women have given their lives and their blood defending that flag and safeguarding our democracy. Despite the political division and social unrest besieging this county, that star spangled banner, still waves as a symbol of freedom.

Francis Hopkinson's original 1777 American Flag(Photo: House of Flags Museum, Robert Williamson)

This Flag Day, let us continue to secure the blessings of liberty to ourselves and our posterity. As John Philip Sousa, composer and conductor, said, The red and white and starry blue is freedoms shield and hope.

There is an interesting footnote to Flag Day the flag we have today with its 50 stars representing the 50 states, was not designed by a skilled artist or a member of Congress. It was designed by a 17-year old-boy from Lancaster, Ohio, named Robert G. Heft, and adopted by Congress on July 4, 1960.

Carl J.Asszony, a longtime New Jersey veterans' advocate, can be reached atnjveteran30@gmail.com.

Read or Share this story: https://www.northjersey.com/story/opinion/2021/06/11/flag-day-new-jerseys-connection-stars-and-stripes/7640642002/

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Nothing compares to the first local luscious strawberries of the season – Farming Life

Posted: at 12:52 pm

Hedgerows gleam with the creamy, lacy flowers of the Elder tree.

Seamus Heaney in his poem Glanmore Sonnets refers to the elder as the boortree bush - It was our bower as children, a greenish, dank and snapping memory as I get older. I love its blooms like saucers brimmed with meal. Their essence is best captured in a cordial the flowers are infused in a lemon syrup and then strained. Bottle it up and store for the winter months. You can also make an elderflower vinegar by placing washed and dried flower heads in a clean jar and pouring cider vinegar over. Seal and allow to infuse. The vinegar is perfect as a base for dressings or buttery sauces and is especially good with fish.

Serendipitously local strawberries are now in season. You can buy these berries all year round now but nothing compares to the first of the season. The combination of strawberries and cream is a classic and a simple but sublime way to enjoy them. The weather forecast is looking good for the next few days and an ideal time to introduce some frozen desserts into the mix. When you have the barbecue lit roast some strawberries in elderflower cordial and serve them with a rose wine granite. Ive included the recipe for elderflower cordial. Granita is an Italian icy treat, translated as grainy. You freeze a flavoured sugar syrup and then fork it up every hour to form crystals. It melts beautifully on your tongue and is a great contrast to the sweet, fragrant strawberries.

Another way the Italians use strawberries is in a Sgroppino cocktail. Sprinkle 50g of sugar over 250g of chopped strawberries and allow to macerate for 30 minutes. Blend the strawberries to a puree and place in a jug with four scoops of lemon sorbet and a bottle of chilled Prosecco. Whisk it and pour into champagne coupes for a deliciously refreshing drink.

Ice-cream is one of those foods that never goes out of fashion its one of lifes great constants. As a resident of Portstewart I can attest to the fact that, in Northern Ireland, we will eat this frozen treasure in all weathers, throughout the seasons. In winter a buttery, hot apple crumble or steamed pudding will taste all the better for some ice-cream. Were blessed throughout the country with great ice-cream shops and suppliers but Ive included a recipe for a strawberry variety if youd like to have a go at making your own. You wont need a fancy ice-cream maker, just an electric whisk. The base is eggs, sugar and elderflower cordial whisked over a pan of hot water and then whisked until cold and pale. Strawberry puree and whipped cream is folded in and the mixture just needs to be frozen. It has a great texture and is made even more delicious with some fresh strawberries added. Or you could scoop it and enjoy in cone flake obligatory.

Local strawberries are only in season in the summer. While you can get them in the winter months they tend to taste like a vaguely sweet turnip and sometimes have the texture to match. Cherish them now when theyre sweet and lush.

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Boyd Corporation Expands Global Footprint With State-of-the-Art Facility in Vietnam – Business Wire

Posted: at 12:52 pm

PLEASANTON, Calif.--(BUSINESS WIRE)--Boyd Corporation, a world-leading innovator of engineered material and thermal management technologies, announced increased presence in Asia with the expansion of its design and manufacturing facility in Bac Ninh, Vietnam. Expanding Boyd Vietnam is in direct response to growing customer demand for regional manufacturing in Vietnam. The facility will design and manufacture thermal and engineered materials that cool, seal, and protect the latest innovations in the growing mobile, consumer, enterprise, and cloud computing electronics markets.

Boyds expanded Vietnam site features lean, automated manufacturing and assembly processes for high volume production of both complex thermal systems and multi-layered engineered materials. The 12,555 sq. meter expansion creates capacity in high performance air, two phase, and liquid cooling system solutions, enabling Boyd to provide the best fit solution for customers increasing compute, power, and thermal density requirements. Additionally, Boyd Vietnam will continue to design and manufacture advanced rotary converted solutions with world-leading tolerances and clean room manufacturing for complex, high yield, optical solutions. Boyd Vietnams optical solutions enhance screen brightness and clarity while minimizing display heat, reducing energy consumption, and improving battery life for more efficient, advanced display technologies.

We work diligently to anticipate customer and market needs, continually aligning our company, its supporting footprint, and innovative technologies to stay ahead of megatrends. Post globalization and responsive regionalization strategies are driving more customers to source advanced solutions within Vietnam, said Boyd CEO Doug Britt.

The Vietnam facility will include on-site design, testing, process, prototyping, and manufacturing engineering teams to enable highly responsive full product lifecycle and program support, ensuring Boyd can best support customers growth plans and accelerated speed to market for high volume, high performance applications. The state-of-the-art facility will be ISO 9001 quality management system certified, focusing on continual lean process improvement to drive speed and cost efficiency. The Vietnam expansion will also be ISO 14001 environmental management system certified and powered with renewable, high efficiency energy, helping Boyd and its customers meet increasing sustainability goals by reducing carbon footprint. Weve quickly scaled our talent and technologies in Boyd Vietnam to answer rising regional market demand while building on our core values of sustainability and corporate social responsibility, Britt said.

About Boyd Corporation

Boyd Corporation is a world-leading innovator of engineered material and thermal management technologies to seal, cool, and protect our customers most critical applications. We gain unparalleled technology insight solving complex challenges across the leading industries we serve. Our solutions maximize performance in 5G infrastructure and the worlds most advanced data centers; enhance reliability and extend range for electric and autonomous vehicles; advance the accuracy of cutting-edge personal healthcare and diagnostic systems, enable the latest generation of aircraft and defense technologies; and accelerate innovation in next-generation electronics and smartphones. Core to Boyds global, large-scale manufacturing is a deep commitment to protect the environment with sustainable, lean operations that reduce waste and minimize carbon footprint.

Visit us at http://www.boydcorp.com.

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Airway Heights prison guard gets 2 months for smuggling drugs inside. Prisoner who received the drugs? He got 56 months. – The Spokesman-Review

Posted: at 12:52 pm

A former prison guard who admitted to smuggling 200 strips of prescription opioid medicine into the Airway Heights Correction Center last July has been sentenced to two months in prison, far less than the five-year minimum term prescribed in federal law.

The written arguments that swayed U.S. District Court Judge Rosanna Malouf Peterson to hand down the exceptional sentence have been filed under seal. Michael Matterns co-conspirators received sentences of 56 and 30 months, respectively, which were also below the five-year minimum.

The felony conviction does not automatically disqualify Mattern, 46, from serving a future role with the Department of Corrections.

Mattern, an employee of the state prison for nearly 20 years, was found with 200 strips of Suboxone, the prescription medication used to treat opioid addiction that can also be abused. Investigators also found him in possession of 14.6 grams of methamphetamine and 2.9 grams of heroin at the prison. The drugs were hidden in a tobacco tin inside Matterns lunch box, according to court records.

Mattern resigned from the department the same day a criminal complaint was filed in federal court.

An investigation by the FBI and the Washington Department of Corrections revealed that an inmate, 34-year-old Joseph Burnett, called from a phone in the prison to request drugs be smuggled into the prison while he was serving a sentence on theft and robbery charges. The phone calls began in March 2020, after COVID-19 lockdown procedures limited visits at the prison.

The drugs were supplied by Brandy Lorentzen, 46, who met with Mattern to provide the drugs and payment for smuggling, according to a sworn statement from FBI Special Agent David DiBartolo based on surveillance of Matterns car. The FBI and DOC received tips from unnamed inmates in the prison that drugs were being smuggled into Matterns unit of the corrections facility. Lorentzen knew Burnett before his incarceration and had previously spent time in federal prison on a heroin distribution charge.

Mattern pleaded guilty in January to a single count of conspiracy to distribute drugs, but contended in court documents that he was only aware of the Suboxone, which Burnett said sold for $250 a strip in the prison during the lockdown, according to court records. He said he didnt know the tin also included meth and heroin. The charge carries a five-year minimum sentence under federal law, but judges have discretion about whether to follow those guidelines based on the arguments of attorneys.

Those written arguments have been kept from public review and scrutiny in Matterns case.

A document known as a sentencing memorandum is prepared in most federal cases, making arguments for a departure from the guideline in a specific case by both the prosecution and defense. Those records may be filed under seal, preventing public inspection for a number of reasons.

Matterns sentencing memoranda were filed under seal, and his defense attorney, Richard Mount, declined to discuss the sentence Wednesday, citing confidential details in the sentencing reports. The U.S. Attorneys Office also declined comment beyond what was in the public court filings.

Public minutes of the sentencing proceedings show that multiple members of Matterns family spoke on his behalf at his sentencing, and the courtroom also included members of the group Narcotics Anonymous that Mattern had been attending. Mattern was permitted to attend a softball game sponsored by Narcotics Anonymous in Coeur dAlene while his criminal matter was pending, according to court records.

Lorentzen and Burnett pleaded guilty to the same conspiracy count, a felony. Lorentzen received a 30-month prison sentence, while Burnett received 56 months.

Kurtis Robinson, executive director of the group I Did the Time that advocates for reforms to assist previously incarcerated people and first vice president of the Spokane chapter of the NAACP, said the publicly available information about Matterns sentencing was very concerning.

We see that play out time and time again, where law enforcement, for similar offenses, are treated unequally, are held inequitably accountable, Robinson said. Thats a problem. That undermines public trust.

Jeffry Finer, who represented Lorentzen, said the prison term agreed to by Peterson was a just resolution in her case.

I dont know the reason for Mr. Matterns sentence, Finer said, adding that judges have a lot of discretion in what to seal and unseal, and that he was happy with the inclusion of drug treatment programming for his client while she is incarcerated.

Burnetts attorney, Jeff Niesen, said he didnt know the reasoning behind Matterns sentence but that he was dumbfounded when he read it.

Richard is a good lawyer. Hes a smart lawyer, theres no two ways about it, Niesen said.

Burnetts sentencing memorandum was filed publicly with the court, and disputes Matterns claim that he was bribed into participating in the smuggling.

His addiction has been the source of his problems with law enforcement and limited his involvement with his children, the memorandum reads.

Niesen said he believed his clients lengthier sentence had to do with his criminal history.

Burnett was listed in custody of the Spokane County Jail on Thursday. Lorentzen and Mattern were permitted to surrender on their own to the U.S. Marshals. Neither were listed in federal custody Thursday.

Department of Corrections policy does not automatically disqualify employment based on a felony conviction, agency spokeswoman Jacque Coe wrote in an email.

Washington State Department of Corrections policy requires all applicants for employment to disclose felony convictions and, while not precluded from employment, prior conviction information is definitely considered as it relates to the specific role and job performance, she wrote.

Mattern will remain on supervised release for life, according to the terms of his sentence. He must complete 300 hours of community service and will face up to six months of home confinement after release.

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Airway Heights prison guard gets 2 months for smuggling drugs inside. Prisoner who received the drugs? He got 56 months. - The Spokesman-Review

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Seven years in prison for chief mate of cargo vessel where Philly feds found record 20 tons of cocaine – The Philadelphia Inquirer

Posted: at 12:52 pm

The chief mate of an international shipping vessel aboard which federal authorities at the Port of Philadelphia seized a record-breaking 20 tons of cocaine in 2019 expected to be paid more than $1 million for overseeing the smuggling effort, federal prosecutors said.

That disclosure a rare glimpse of the economics behind what customs officials have described as one of the largest drug busts in U.S. history came Thursday as a federal judge sentenced Bosko Markovic to seven years in prison instead.

Markovic, 39, of Montenegro, was the most senior crewman aboard the MSC Gayane arrested by federal authorities after an investigation that has spanned from the Packer Avenue Marine Terminal to the Balkans, the South American coast, and mainland Europe. He pleaded guilty to drug-trafficking conspiracy charges last year.

And while some of the seven other charged crewmen, many of whom Markovic recruited into the conspiracy while the Gayane was at sea, have since disclosed how much money they expected to be paid by the Balkan drug traffickers financing the illicit shipment, all of the amounts cited in court filings roughly $50,000 to $60,000 per participant have been significantly less than the payday Markovic had been offered.

His role was necessary, Assistant U.S. Attorney Jerome Maiatico said. A smuggling scheme of this magnitude would likely not have been possible without the [Gayanes] chief officer in on the scheme.

Still, as prosecutors portrayed it in court Thursday, the sizable windfall Markovic hoped to receive was nothing compared with the estimated $1 billion that U.S. authorities say the traffickers behind the effort could have made had their cocaine reached its intended destination: the streets of Europe.

READ MORE: Eight crewmen have pleaded guilty as probe continues into a record 20-ton cocaine bust on a Philly ship

Addressing U.S. District Judge Harvey Bartle III in court, Markovic and his attorney, Benjamin Brait Cooper, laid out a tale similar to those shared by the other members of the Gayanes crew who have been sentenced so far to prison terms ranging from two to six years.

Like them, he had grown up in a coastal Montenegrin community known for two primary industries the thousands of crewmen it provides to international shipping companies and the violent narcotics gangs that oversee smuggling routes to much of Europe.

Like four of the others, he said he was approached in the Balkans, before the Gayane had even embarked on its 2019 voyage by the traffickers looking to recruit him. The $1 million-plus price tag they were offering far surpassed his annual salary of roughly $108,000 a year.

And as the ships chief mate responsible for, as his attorney described it, overseeing pretty much everything to do with the Gayanes daily operations Markovic was in a key position to ensure that the loading of the drugs in secret went off as planned and that the illicit cargo went undetected as the Gayane made its way from port to port.

READ MORE: Just how much is 20 tons of cocaine?

Using phones he had been given in advance, he coordinated with the cocaines suppliers in South America to secretly load the duffel bags filled with white bricks from the speedboats that approached the Gayane under the cover of darkness at several points during its journey between Panama and the Peruvian coast.

He recruited other crew members to hide the drugs in shipping containers carrying cargo like wine, vegetable extract, Chilean dried nuts, scrap metal, and other legitimate goods bound for Europe, Africa, and Asia.

But when U.S. authorities intercepted the ship as it pulled into Philadelphia on its way to Rotterdam, the Netherlands, it was Markovic and his fellow crewmates who were left to pay the price.

Although Mr. Markovic was the chief officer, his role in the offense was rather similar to everyone else who participated in this, said Cooper. He was recruited.

Neither Cooper nor prosecutors specifically identified by whom.

Though federal authorities have said the investigation into the suppliers and financiers behind the smuggling effort continues, the details of that probe remain tightly guarded.

Up until earlier this year, the cases against many of the Gayane crewmen remained under court seal. And one of the men Vladimir Penda, 28, who is serving a six-year sentence for his involvement maintained at his sentencing in April that he only agreed to participate for fear of what the Balkan gangs that recruited him might do to him or his family if he refused.

When a Montenegrin newspaper inaccurately reported last year that Penda had agreed to cooperate with the U.S. investigation, his family fled their home fearing retribution from the traffickers, Pendas attorney said at the time.

Markovic made no mention, either, of the organization that hired him when it came time Thursday for him to address the judge.

Instead, speaking in a deep, thickly accented English, he said he regretted his involvement and dreamed of returning to Montenegro once his prison term was complete.

The only thing I have left is hope, he said. Hope that I can look into the future and see my own family soon and start a family of my own.

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J.B. Webb Bassmaster Classic will be one to remember – Sherman Denison Herald Democrat

Posted: at 12:52 pm

This weekend will see theBassmasterClassic come to Lake Ray Roberts. You can watch the boats go out return to the Texas State Park at Pilot Point. Thats about all you will see as the rest is at the Fort Worth Stockyards.

This is the Classic and while you might have seen a couple of major tournaments on Texoma, you are in for a surprise in Fort Worth. Some of you might have gone to the Classic in Tulsa some years back. It was my first and I worked it forTFORods andBlakemoreRoad Runner.

Tulsa was where I met GerryLoomisand we became friends before it was over. That Tulsa show also was where I met Bill Dance on a break. He had been at another show that we both were working. We were in the Tulsa break room, he kept looking at me and then said: "I know you but whats your name?"

After two shows we worked together, Jimmy Houston became a friend. He had been cold toward me at the other shows but after he saw that I was also serious about my work we became friends. Ray Scott was another friend I made at that Oklahoma City Tackle Show.

At another show later I was working with BillyMurrey, Ray came up behind me and got me in a headlock, dont know why but they were all laughing. It helped to know them all when I was into serious fishing.

Fast forward until this weekend. You just cant believe what you will see and can do. If you go with your family make sure your boy or girl has a new cap. They might get some famous fishing names on it. Friday will also be Military Appreciation Day. Saturday is FirstResponderAppreciation Day. There will be a load of things to do at the Outdoors Expo at the Will Rogers Memorial Center.

Friday from 4-10 p.m. will see the kickoff party. It starts with the Cattle Drive. Live music at 6 p.m. will include country star Jimmie Allen before he goes to play at Billy Bob's. The Squeeze Box Bandits will take over the rest of the time.

Tournament weigh-in each day will be atDickiesArena. There is a slew of great restaurants there also. Most of the entertainment is free.

Wednesday saw Charlie finally come out of hiding and we went fishing. Texoma continues to look like a bass fishermans dream. We were in Charlie's boat so I got to sit in the back and let him run the boat. After fishing our cove with no results, I had him head for the boathouses.

Using the newBooyahConvert SeriesSpinnerbaitI had talked about last week, I made a cast across the end of a boathouse and had the rod nearly jerked out of my hand as a hefty bass clobbered it. I put it in the boat; Charlie said I could count it.

Not long after, Charlie was throwing one of the olderBooyahSpinnerbaitsbut lost a fish. We went to the back of Little Mineral; we fished a long stretch of good-looking water and at one point I caught a nice bass on mySpinnerbait. While fishing was slow, the buck brush was biting as we had to go into it several times to get our lures back.

Moving over to another bank, Charlie's rod bent double it was a bigstriper; didnt count. Moved on up to another cove. We were fishing along and Charlie caught and lost another fish. Later he caught and got in another fish. It was silver; didnt count.

Giving myBooyahConvert SeriesSpinnerbaita rest, I tossed a YUM Breaking Shad Jerk Bait and was working it over a big limb in the water when a nice Kentucky crashed it. We heard a splashing and back down the bank a big school ofstripersorsandbasswere working over a school of shad.

By the time we decided to go back and try them they were gone. I got one more bass on the YUM Breaking Shad. It was getting hot so we decided to go in. I like to catch at least five fish before I write about them. I had to count Charlie's two to get to five.

Im at loggers end trying to figure out where the bass are. My most consistent bass structure continues to be boathouses with the newBooyahSpinnerbait. Crappie are slow and when I catch one it is in deeper water in or around brush. Even people fishing with minnows arent catching very many. Catfish will be spawning now and the lake has a lot of jug lines floating everywhere.

The rocks and black holes down towardEisenhowerMarina close to the bank are good places to look for the kitties. Look where you are running if you wrap one off those jug lines around your prop get it off quick as you can. Dont and it can melt your prop seal and possibly cost you a lower unit.

Stripers and sandbass are definitely your best bet for catching now. Live bait seems to be best now but some lures are also getting limits. Finding a place to park at our ramp is getting hard to do. Highport is running some people off with their new launch system and they are coming over here only to find no place to park.

Your best bets for finding launch parking will likely be the Lighthouse or Little Mineral Marina.

Have a great weekend and a trip to Fort Worth would be fun.

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J.B. Webb Bassmaster Classic will be one to remember - Sherman Denison Herald Democrat

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Global DNA/RNA Extraction Kit Market is expected to grow at a CAGR of 6.8% over the Forecast Period, Owing to Rise in Demand from the field of Genetic…

Posted: at 12:51 pm

The growing application of genetic engineering across wide array of fields is driving the demand for DNA/RNA extraction kits. Botany is witnessing increasing use of genetic engineering for creating modified plant species. Researchers and agricultural companies are extracting desirable DNA from organisms which is then transplanted into the plants genome. Genetic engineering is also being used to create personalized medicines or precision medicine by analyzing an individuals genetic data. General Electric, in partnership with Mayo Foundation for Medical Education and Research, launched a joint venture in 2016 to accelerate personalized therapies based on genetic engineering. DNA/RNA extraction is an integral part of the genetic engineering process for extraction and purification of DNA or RNA from the sample. Thus, the growing applications of genetic engineering is driving the growth of global DNA/RNA extraction kit market.

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The recent outbreak of COVID-19 pandemic has hit multiple countries around the world with a total tally of 31.42 million reported cases. This growing number of COVID-19 patients has inflated the demand for RNA extraction kits to perform polymerise chain reaction (PCR) testing. For instance, the Indian state of Madhya Pradesh placed a demand for for 1.16 lakh RNA extraction kits in April 2020. This rise in demand has attracted new players to enter the market. For instance, Kilpest India Ltd. got approval of the U.S. Food and Drug Administration agency for its real-time PCR test kits in June 2020 and in the same month the company received an order of 500,000 for these kits from Government of India. Thus, the rapidly spreading COVID-19 infection and emergence of new companies is anticipated to propel the growth of global DNA/RNA extraction kit market.

In terms of revenue, global DNA/RNA extraction kit market was valued at US$ 586.56 Mn in 2018 and is anticipated to grow at a CAGR of 6.8% over the forecast period. The study analyses the market in terms of revenue across all the major regions, which have been bifurcated into countries.

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The detailed research study provides qualitative and quantitative analysis of DNA/RNA extraction kit market. The market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further across all the major countries. The supply side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

Key Findings of the Report:

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Global DNA/RNA Extraction Kit Market:

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Global DNA/RNA Extraction Kit Market is expected to grow at a CAGR of 6.8% over the Forecast Period, Owing to Rise in Demand from the field of Genetic...

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Lab Leaks And Covid-19: Why The Lab Leak Hypothesis Doesnt Mean The Virus Was Engineered – Forbes

Posted: at 12:51 pm

Security personnel stand guard outside the Wuhan Institute of Virology in Wuhan as members of the ... [+] World Health Organization (WHO) team investigating the origins of the COVID-19 coronavirus make a visit to the institute in Wuhan in China's central Hubei province on February 3, 2021. (Photo by Hector RETAMAL / AFP) (Photo by HECTOR RETAMAL/AFP via Getty Images)

The lab leak hypothesis about the origin of Covid-19 has been getting a lot of attention lately, and deservedly so. This is the idea that the SARS-CoV-2 virus accidentally escaped from a laboratory in Wuhan, China, that conducts research on coronaviruses. Just a few weeks ago, a group of highly respected virologists and epidemiologists published a letter in the journal Science calling for a more thorough investigation, stating that the lab leak hypothesis was not taken seriously enough in earlier investigations.

The coincidence of having a major virus research facility, the Wuhan Institute of Virology (WIV), just a short distance from the live animal food market that was originally believed to be the source of the outbreak is too great to ignore. Even more curious is that WIV was actively doing research on coronaviruses in bats, including the bats that carry a strain of SARS-CoV-2 that is the closest known relative to the Covid-19 virus itself.

From the beginning of the outbreak, attention was focused on WIV, and various conspiracy theorists suggested, without any evidence, that the Covid-19 virus was either intentionally engineered, intentionally released, or both. Let me just say right off the bat that I dont believe either of those claims.

However, I do think the lab leak hypothesis is credible, and its also possible that gain of function research (more about this below) might be responsible.

In arguing against (unsupported) claims that the Chinese released the virus on purpose, a group of virologists published a paper very early in the pandemic, in March 2020, which looked at the genome sequence of the virus and concluded that SARS-CoV-2 is not a laboratory construct or a purposefully manipulated virus. Other studies since then have come to similar conclusions: the virus is very similar to naturally-occurring coronaviruses, and it is possible that it simply evolved naturally in the wild, probably in bats.

Even so, the lab leak hypothesis remains highly credible, regardless of whether or not the virus was genetically engineered. Heres why. First, we know that lab accidents can happen and viruses can escape, even if these accidents are rare. We also know that the Wuhan Institute of Virology had thousands of viruses, including coronaviruses, in its facility. And despite claims that viruses couldnt possibly have escaped accidentally, a 2017 Nature article describing the then-new Wuhan Institute reported, perhaps prophetically, that worries surround the [Wuhan Institute of Virology], too. The SARS virus has escaped from high-level containment facilities in Beijing multiple times.

The secrecy of the Chinese government, which has not yet allowed independent, outside scientists full access to WIV to investigate, hasnt helped matters. We need to know if any viruses in WIV are similar to the Covid-19 virus, and at this point we cant trust the Chinese governments assurances on this question. Of course, even if they allow outsiders to investigate now, we cannot know that they have preserved all the viruses that were present in the lab in the winter of 2019-2020.

Now lets talk about gain-of-function research. Gain of function, or GoF, refers to research that tries to make viruses or bacteria more harmful, by making them more infectious. This seems crazy, right? And yet its been going on for years, despite the efforts of many scientists to stop it. In the past, GoF research focused on the influenza virus, and in particular on a small number of scientists (highly irresponsible ones, in my view) who were trying to give avian influenzabird fluthe ability to jump from birds into humans. I wrote about this in 2013, and in 2017, and again in 2019, each time calling on the US government to stop funding this extremely dangerous work. The NIH did put a pause on gain-of-function research for a few years, but the work resumed in 2019.

Now, let me explain why GoF research does not require artificially engineering a virus. Viruses mutate very rapidly all by themselves, and RNA viruses like influenza and SARS-CoV-2 mutate even more rapidly than DNA viruses. So a GoF experiment doesnt need to engineer a virus to make it more infectious: instead, scientists can simply grow a few trillion viral particles, which is easy, and design experiments to select the ones that are more infectious. For example, some GoF research on bird flu simply sprays an aerosol mixture of viruses into a ferrets nose (influenza research often uses ferrets, since you cant ethically do this with people), and waits to see if the ferret comes down with the flu. If it does (and this has been done, successfully), the strain that succeeds now has a new function, because it can infect mammals. The viruses that are artificially selected (as opposed to natural selection) in these experiments will appear completely natural; no genetic engineering required.

We know that WIV was conducting gain-of-function experiments, and we know that its work included coronaviruses. Was the Wuhan Institute of Virology running GoF experiments on SARS-CoV-2 viruses from bats? Possibly. And if it was, these experiments could easily have produced a strain that infected humans. If a lab employee was accidentally infected with such a strain, that could have started the pandemic. And even if SARS-CoV-2 wasnt the subject of GoF experiments, a naturally-occurring strain being studied at WIV could still have infected one of their scientists and thereby leaked out into the population.

Im not saying that any of these events is likely. I am, however, agreeing with the scientists who, in their recent letter to Science, called for a deeper investigation into the cause of the Covid-19 pandemic.

Finally, let me echo a sentiment they expressed in their letter, which is best said by simply quoting them: in this time of unfortunate anti-Asian sentiment in some countries, we note that at the beginning of the pandemic, it was Chinese doctors, scientists, journalists, and citizens who shared with the world crucial information about the spread of the virusoften at great personal cost. Rather than seeking to cast blame, we need to uncover the origin of the Covid-19 pandemic, and any behaviors that led to it, as a means to help all societies prevent future pandemics.

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Lab Leaks And Covid-19: Why The Lab Leak Hypothesis Doesnt Mean The Virus Was Engineered - Forbes

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