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Posts tagged as DC

When we travel faster, what do we lose?

This is the marketing language on the web site for Boom Supersonic, a jet developer creating a plane that will travel at twice the speed of sound and The question Boom asks strikes me as surprisingly poignant, although perhaps not quite in the way it’s intended.
Contemplating the query as I slowly paddle a wooden board across the Sarasota Bay, water lapping at my ankles, going nowhere in particular as birds fly by and dolphins swim alongside my old-timey conveyance, it sounds accidentally profound, even downright philosophical. It’s practically a Zen koan, like “what is the sound of one hand clapping?” This is the kind of riddle you might mull a lifetime it’s so rich.Think on it and you may attain enlightenment, going beyond conscious thought altogether.Boom’s query is so good because it’s deceptively simple yet leaves so much to deconstruct.
Considering its parts only raises more questions. Here are just a few: What is time? What’s half of that? And what is the point of travel? Is it destinations or the path? Or is it actually getting back home? And is this new airplane the innovation we need, societally or individually, practically or philosophically?Securing a seatBlake Scholl, the founder of Boom, foresees a future where we’re practically teleporting from one continent to the next, when distance and time are barely related and we’re liberated from physical constraints.“Imagine crossing the Atlantic, conducting business, and being home in time to tuck your kids into bed,” the company website suggests. “Leave DC at 6:00 AM and make a 3:30 PM meeting in central London.Take your clients out to dinner and still be back in DC by 7:30pm local.”Airlines are betting that Scholl is onto something.
Boom has received substantial investments from both Virgin Atlantic and Japan Airlines. If all goes according to plan, Boom expects to break the sound barrier with an experimental jet this year; by 2025 the business should be fully operational, supplying airlines with commercial planes that will change our relationship to time and space.
If Boom and competing supersonic plane developers—like Boeing, Spike Aerospace, and Aerion Supersonic—have their way, business people will someday be able to pack even more busy-ness into over-scheduled lives. But I’m exhausted just mulling this task-filled futuristic day on two continents.Is spending the night in a hotel in London really that bad? To me, this emphasis on speed seems anything but luxurious. I’m uncertain that supersonic travel will actually improve the quality of life of those who’ll be able to afford this rapid transport.
To me, this emphasis on speed seems anything but luxurious.This, of course, leads to another question.While Scholl says that speed will help bring people across cultures closer, it’s worth noting that it’s also quite likely to increase the experiential distance between the rich and everyone else. Securing a spot on a speedy 55-seat Boom jet—where all passengers get both an aisle and window seat—will cost the price of a business class ticket on a classic airplane, the company predicts.That’s cheaper than a ticket on the Concorde, the supersonic jet that stopped operation in 2003 and cost nearly $11,000 for a roundtrip between New York and London.But Boom’s prices aren’t as affordable as a typical coach seat today.
So whatever advantages speedier travel brings, they won’t be available to everyone, and certainly not immediately, which means the world will only get more accessible for a tiny percentage of people.Faster than the speed of sound Perhaps more important than affordability and practicalities, though, are the abstract questions raised by supersonic flight.
For example, what is lost when time is gained?Getting anywhere is rarely anyone’s favorite part of a trip. Literally and metaphorically, humans tend to relish the destination over the path, viewing the journey as an inconvenience to be suffered for some ultimate result: arrival.
And Boom is planning to capitalize on that human tendency. Its website urges readers to contemplate how great it will be when everyone’s zipping around the world at top speed.No relationship will have to be long distance anymore, far-off colleagues will become familiar faces, and it will be standard to hop on a plane to Asia from the US and back, all before the jet lag even sets in.If time is money, then being extravagant about the hours is a luxury, and being in a hurry is perhaps a kind of existential stinginess.
But maybe there’s also something to be said for journeys that reflect the distances we travel, for pacing and rhythm. Distorting the relationship between miles and time doesn’t always improve our experience.
After all, if time is money, then being extravagant about the hours is a luxury, and being in a hurry is perhaps a kind of existential stinginess.We know from countless books, movies, and songs, that there’s adventure found in between places and that getting there can be as central to a story as a destination.Take Caity Weaver’s recent journey from New York to Los Angeles by train, which she documented in a New York Times Magazine story. Weaver paid about ten times as much as a plane ticket for her Amtrak rail adventure, and it took ten times as long as a flight.
Yet it was precisely the inefficiency that appealed to the writer, the path, the slowness, the space for contemplation that she savored. Weaver writes:Scale on a rail trip is what’s most arresting. An extended train ride affords a chance not just to see a horizon but also to soak it up.To luxuriate in the far-off for uninterrupted hours. To exist, briefly, in the uncharted sections of the cellphone-coverage map.
And it feels as if you’re getting away with something—seeing more than you deserve.For Weaver, taking the time to stare at endless horizons feels almost deliciously criminal because it’s so rare.
As Jack Kerouac writes in the early pages of his classic travel novel On the Road, “Somewhere along the line I knew there’d be girls, visions, everything; somewhere along the line the pearl would be handed to me.”The Boom worldview suggests that the pearl—whatever treasure it is we seek when we leave home—is in a specific place and that the faster you get there, the better.The Kerouac perspective is that the adventure, the journey, the road itself, will yield treasures, and that destinations are secondary.In fact, the pearl might be found anywhere, on the journey, or upon arrival, maybe when you return home.
We may soon travel fast but that doesn’t mean slow paths are without value.Higher, faster—better?Scholl believes that Boom’s planes will go higher, faster, and better than any commercial airplanes ever have.He’s personally and professionally excited by the possibilities. “Supersonic is all about getting there faster and changing what you can do in a day,” he says on a recent episode of the podcast Should This Exist?But Boom has some technical and legal obstacles to overcome if this transformation is to occur.For one thing, many countries—including the US—don’t allow supersonic flight in their airspaces because of concerns about the effects of the loud, disruptive sounds the planes make. So even if Scholl gets Boom’s jets operational, they may have to fly at subsonic speeds in certain areas to comply with current regulations.
Boom argues on its site that in the long term, however, supersonic flight bans should “be reversed and replaced with a commonsense noise standard, set to promote efficient, affordable supersonic flight while disallowing nuisance.” It contends that its jets will make 30 times less noise than the Concorde did when breaking the sound barrier and that the dangers created by exposure to sonic booms are commonly exaggerated.The company also has to deal with heightened environmental concerns, although Boom claims that its planes will have the same fuel consumption and emissions profiles as classic subsonic jets with business class capacity and that high speed travel can be green. It plans to work with scientists and technologists to ensure the sustainability of supersonic travel, according to its website FAQ.
But given the many pressing transportation problems facing the world, is speeding up air travel even the best use of our precious intellectual and financial resources? “I look at the brilliance that it would probably take to create something like this and and part of me mourns for the problems that these people won’t be thinking about while they’re raising six billion dollars to create a 55-seat airplane that will essentially make it a little more painless for people whose lives are already painless to fly around the world,” says writer and editor Anand Girdharadas the episode of Should This Exist? Giridharadas wonders what those big thinkers could do with big budgets if tasked with solving big, pressing, serious issues, like addressing climate change.Giridharadas has a point.
It’s definitely worth reflecting on what value supersonic travel has and what it might do to humanity, now, while we still have the time. The steady march of technology has ensured that the pace of our lives has increased, too, just as relentlessly.And we might well be right to resist. Harried as we already are, exhausted by extensive use of tools designed to make our lives more efficient, it’s only natural and correct to ask if traveling faster to get more done in a day is really such a desirable goal.
But if transportation history is any indication, people will ultimately embrace this innovation and the world will change as a result. Before too long it could be common for passengers to drink champagne on a supersonic jet high above the Earth, toasting human ingenuity while hurtling faster than the speed of sound.Should This Exist? is a podcast, hosted by Caterina Fake, that debates how emerging technologies will impact humanity. for a more in-depth conversation on evaluating the human side of technology.

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Jason Momoa’s Aquaman 2 release date revealed — Will it also cross $1 billion?

Warner Bros. and DCEU had a blast after Jason Momoa’s Aquaman movie made over a billion dollars at the global box-office collection.
has finally set the release date for Aquaman 2.
Viraj Mahajan Mar 1, 2019 10:24 ISTAquaman movieWarner Bros. and DCEU had a blast after Jason Momoa’s Aquaman movie made over a billion dollars at the global box-office collection.After the success of the first movie, the release details of the next part in the series has finally been unveiled.As per an earlier report, Aquaman earned over $330 million in the domestic market (the United States and Canada) and went on to earn over $805 million worldwide.As of now, the total box-office of Jason Momoa’s superhero movie is $1.138 billion, making it the highest earning DCEU movie of all time.
Given the fact that the movie earned so well at the box-office, fans knew that Warner Bros. will surely be going to make Aquaman 2.After much anticipation, Warner Bros. has finally set the release date for Aquaman 2.The Jason Momoa-starrer DCEU movie is all set to release worldwide on December 16, 2022. As of now, there are no other details revealed about Aquaman 2 but fans are speculating the possible story.As per ComicBook, Aquaman fan community, The Aquaverse are predicting that the sequel movie is going to feature The Others.Jason Momoa in AquamanYouTube ScreenshotAs per DC comics, The Others are a team of heroes comprised of six members, each of which has an Atlantic relic.These members are, Aquaman, Prisoner-of-War, The Operative, Sky Alchesay, Ya’Wara, and others. These members reunite on and off, generally when Arthur Curry needs their help.

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Naya Real Estate (i)

It is no secret that real estate is a haven for funneling black money in efforts to whiten it and avoid taxation. Due to the speculative nature of property prices, it has also become one of the most lucrative investment instruments in the country. According to, prices per sq/ft. for plots, houses and residential properties have nearly tripled since 2011, and the trend is mostly upward.The SBP’s latest quarterly report tackles this subject well. It points out: “a sizable amount of activity took place in sale and purchase of plots without a corresponding activity in the real estate development”.

Moreover, due to the huge capital gains, little regulatory oversight, and low incidence of taxation, investments have been diverted away from productive sectors that could use the money. Companies end up putting their earnings into the property market for quick returns instead of in expansions or technology/innovation.Furthermore, taxing the real estate sector has been unnecessarily made complicated because of the three different valuations for properties  the District Collector’s DC value (for the purpose of capital value tax, property tax and stamp duty collection), the FBR value (introduced in 2016 for capital gain tax and withholding tax) and the market value.

The market value is substantially higher than FBR and DC rates leading to huge losses to the national exchequer. And though, since 2016, the government has attempted to bring the provincial and federal rates in line with the fair market value, it hasn’t been all that successful. There is a gaping hole where government revenue from real estate should be.In fact, the three valuations and the wide variations between them have further inflated the black economy and contributed to a lot of confusion, especially for genuine investors and developers. As told to BR Research in an interview (Jan 1, 2018) by the former Chairman of ABAD, Yousuf Jeewa, it was impossible for investors to function with different valuations for one investment. When they go into audit, they simply cannot explain the ambiguity. He recommended that there should be only one valuation on which one tax should be collected. It was also suggested in the FY19 budget last year to eliminate DC and FBR rates and introduce a declared property value for tax collection. It remains unimplemented.

Meanwhile, the unrelenting increase in prices also ensures that projects that go into development are almost never within the reach of the lower-middle to low-income groups. When, in fact, nearly 80 percent of the 10-12 million shortages of houses are in that segment, and nearly half of the current urban population lives in slums and informal settlements. Private-sector housing schemes and projects are focused elsewhere.This raises the critical question of making housing affordable overall, and providing low-cost housing opportunities for the rising urban population and migrants that increasingly move to the city only to settle down in slums. Not only will it mean curbing speculation in the property market, it also means providing flexible means for mortgages.

Some recent measures could yield results. Last year, the government banned non-filers from the purchase of property of above Rs4 million. The SBP came up with a low-cost housing finance policy, which could substantially boost mortgage financing (read “Rousing low-cost housing finance”If DC rates are removed, the one-stage tax, together with restriction on non-filers, will simplify tax process, boost documentation and shore-up government revenues. But the use of land as a speculative commodity along with the myriad of regulatory and legal land issues will remain unresolved.

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