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Yahoo
an hour ago
- Yahoo
Gideon Sa'ar welcomes Syria's participation in EU-Middle East Meeting
"We welcome the participation of the Syrian minister. We will be together in the same meeting. Let's see what will happen," Saar told reporters ahead of Monday's meeting. Israeli Foreign Minister Gideon Sa'ar said on Monday that Israel welcomes the participation of Syria in the EU-Middle East meeting in Brussels. "We welcome the participation of the Syrian minister. We will be together in the same meeting. Let's see what will happen," Sa'ar told reporters ahead of Monday's meeting. Sa'ar's announcement on Monday comes two weeks after he said that Israel was interested in establishing official diplomatic relations with Syria, as well as Lebanon. However, the foreign minister specified that regarding Syria, Israel will not negotiate the Golan Heights in any peace agreement. Days before Sa'ar announced Israel's interest in diplomatic ties, White House Press Secretary Karoline Leavitt said that the Trump administration is expecting Syria to be one of the next countries to join the Abraham Accords. "The president is certainly hopeful that more countries in the region will sign on to the Abraham Accords," she said. In late May, EU ambassadors reportedly reached an agreement to lift sanctions on Syria. Kaja Kallas, the high representative of the union for foreign affairs and security policy, had said earlier that she hoped EU foreign ministers would agree in Brussels to lift sanctions, adding that, "we want to ensure that the Syrian people have job opportunities and livelihoods so that the country becomes more stable.' Seth J. Frantzman contributed to this report.


Business Upturn
2 hours ago
- Business Upturn
LIS Technologies Inc. Appoints Distinguished Nuclear Expert Lloyd Jollay as its UF6 Systems Manager
Lloyd Jollay's addition continues LIS Technologies' initiative to build a management team consisting of veteran nuclear industry specialists and leaders. Oak Ridge, Tennessee, July 16, 2025 (GLOBE NEWSWIRE) — LIS Technologies Inc. ('LIST' or 'the Company'), a proprietary developer of advanced laser technology and the only USA-origin and patented laser uranium enrichment company, today announced that Lloyd Jollay, a seasoned nuclear engineering professional with over 30 years of experience in nuclear safety, materials management, and advanced fuel cycle operations, has been appointed as it UF 6 Systems Manager. 'LIST's patented CRISLA technology has the potential to support the revitalization and growth of the nation's nuclear-fuel supply chain,' said Lloyd Jollay, UF 6 Systems Manager of LIS Technologies Inc. 'The Company has taken a leading role in this industry's innovation and decisive steps to rebirth, demonstrate and subsequently commercialize its technology. I look forward to putting my industry experience to work in support of this mission.' Former Vice President of Isotopes and Nuclear Fuel Cycle at Boston Government Services, Lloyd Jollay led the development of nuclear safety programs and provided licensing support for emerging advanced reactor and isotope production initiatives. His extensive background includes managing criticality safety programs, supporting the peaceful use and transport of uranium materials, and advising on nuclear nonproliferation strategies within the DOE and NNSA complex. Figure 1 – LIS Technologies Inc. Appoints Seasoned Nuclear Engineering Professional Lloyd Jollay as its UF 6 Systems Manager. In his prior roles, Mr. Jollay held multiple leadership positions at the Y-12 National Security Complex in Oak Ridge, Tennessee. His work included directing nuclear material applications, overseeing high-enriched uranium (HEU) supply and return efforts, and managing multimillion-dollar budgets supporting domestic and international nuclear nonproliferation. He also led criticality safety teams, supporting safe nuclear operations through rigorous documentation, evaluations, and compliance with regulatory bodies including NPO, NNSA, and the DNFSB. Mr. Jollay holds an MBA and a B.S. in Engineering Physics from the University of Tennessee, Knoxville, where he also completed coursework toward an M.S. in Nuclear Engineering. He is a certified Six Sigma Black Belt, has completed advanced training in SCALE and MCNP, and maintains active membership in the American Nuclear Society and the Institute of Nuclear Materials Management. 'I'm pleased to welcome Lloyd to LIS Technologies,' said Jay Yu, Executive Chairman and President of LIS Technologies Inc. 'Bringing in seasoned leaders is essential as we scale, and Lloyd's depth of experience in the nuclear sector will strengthen our management team at a critical juncture. His track record and commitment to the industry will be instrumental as we work to position LIST at the forefront of America's nuclear fuel supply chain revitalization.' 'Lloyd's addition comes at a pivotal moment as we move toward the next phase of our technology's development,' said Christo Liebenberg, CEO and Co-Founder of LIS Technologies Inc. 'With decades of experience in nuclear operations and non-proliferation, and his many connections with nuclear entities in the Oak Ridge area and nationwide, he brings along fresh perspective to help guide our work responsibly. Lloyd has consistently championed innovative solutions throughout his career, and I am pleased to have him on the team.' About LIS Technologies Inc. LIS Technologies Inc. (LIST) is a USA based, proprietary developer of a patented advanced laser technology, making use of infrared lasers to selectively excite the molecules of desired isotopes to separate them from other isotopes. The Laser Isotope Separation Technology (L.I.S.T) has a huge range of applications, including being the only USA-origin (and patented) laser uranium enrichment company, and several major advantages over traditional methods such as gas diffusion, centrifuges, and prior art laser enrichment. The LIST proprietary laser-based process is more energy-efficient and has the potential to be deployed with highly competitive capital and operational costs. L.I.S.T is optimized for LEU (Low Enriched Uranium) for existing civilian nuclear power plants, High-Assay LEU (HALEU) for the next generation of Small Modular Reactors (SMR) and Microreactors, the production of stable isotopes for medical and scientific research, and applications in quantum computing manufacturing for semiconductor technologies. The Company employs a world class nuclear technical team working alongside leading nuclear entrepreneurs and industry professionals, possessing strong relationships with government and private nuclear industries. In Dec 2024, LIS Technologies Inc. was selected as one of six domestic companies to participate in the Low-Enriched Uranium (LEU) Enrichment Acquisition Program. This initiative allocates up to $3.4 billion overall, with contracts lasting for up to 10 years. Each awardee is slated to receive a minimum contract of $2 million. For more information please visit: For further information, please contact: Email: [email protected]Telephone: 800-388-5492Follow us on X Platform Follow us on LinkedIn
Yahoo
2 hours ago
- Yahoo
US tariffs and weak dollar threaten Italian exports, says industry chief
By Giulia Segreti ROME (Reuters) -The only acceptable tariff on European Union exports to the United States would be zero as the bloc is already facing a detrimental exchange rate, the head of Italy's business lobby said on Wednesday. "The real issue is that, to date, not only do we have to consider the burden of tariffs, but we must add to that the euro's appreciation against the dollar," said Confindustria President Emanuele Orsini. The euro has risen by more than 12% against the dollar since the start of the year. Orsini said the dollar's devaluation against the euro "is the biggest in the world" and that Confindustria's projections indicate that it would increase in the coming months, to reach up to 20%. "Any tariff level on top of that is out of control," since the cheaper dollar represents the "highest tariff that (Europe) already faces... making us lame from the start", Orsini said at a conference in Rome. U.S. President Donald Trump on Saturday threatened to impose a 30% tariff on imports from Mexico and the European Union starting on August 1, a level European officials say is unacceptable and would end normal trade between two of the world's largest markets. According to Confindustria, each percentage point of tariffs imposed by the U.S. would translate into a loss of Italian exports worth 874 million euros ($1 billion). The association did not specify over what amount of time. With 30% tariffs, Italy would lose 37.5 billion euros in exports, Orsini said, factoring in the exchange rate impact. Earlier this month he had already warned that tariffs of 10% would have been unsustainable for the Italian economy. Orsini added that Trump's final goal was to "relocate Europe's major companies to the United States" and called on the European Union to set out a plan to hold on to its businesses. ($1 = 0.8608 euros)