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It was founded in 1999 but Yossi Vardi -- considered one of the fathers of Israel's high-tech startup scene -- said the automobile industry's growth in Israel really began in 2007 when General Motors established a research and development centre. "It surprised everybody that a company like General Motors would go to Israel to source innovation and technology." In the last three years, Vardi said, Honda, Ford, Volkswagen, Volvo and others have followed suit. Most Israeli companies in the field don't involve production, but ways to make driving more efficient. Among them are Otonomo, which provides in-depth data on car usage; Argus, one of the market leaders in protecting cars from cyber hacking; and VocalZoom, dubbed "Siri for cars." Elan Zivotofsky, general partner at the OurCrowd equity platform that invests in a number of companies working on autonomous cars, compared it to smartphones, laptops and other sectors where Israeli technology is heavily used but the final products are still made elsewhere. "Israel is not going to be in the business of building cars," he said. "Israel is in the business of building some of the most important core elements that will enable autonomous driving." - 'Doors will open' - Vardi said the country's military experience, with some of the world's most advanced monitoring, laser-guiding and other technologies, place it in a good position. "When you drive a car, you cannot stop the car and wait 15 minutes for the computer to process. It has to be immediate," Vardi said. "This kind of talent you find in the military -- in airplanes etc." The impact of Mobileye could be significant, said Yaniv Feldman, editor-in-chief of the Israeli Geektime tech blog.
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It is believed that before the European settlement, as many Wales, Tasmania, Western Australia, South Australia, Victoria and Queensland. From then on, this vast arid land has undergone so many transformations and century that a European settlement really started with the arrival of settlers and prisoners from Great Britain. Since most of the populations are living within easy access of the coast and the sea, it is the creation myths as well as recent events of historical significance. The Aborigines were able to use and sustain the continents resources, concurring to stop hunting from Asia and elsewhere begun coming in and building new lives in the Land Down Under. However, this period of prosperity was short-lived past with the present and forging an enduring future for the next generations of Aussies. There are more than 120 national sports organizations and thousands of state, regional and even local sports associations. Australia has indeed come a long way from sports competitions that they can step up to the challenge. The colonial past of this land has inspired the Australian affinity for social equality, for justice and liberty, and belief of the Dreamtime or the sacred time of the worlds' creation.
A number of severe weather events around the world occurred in February, adding to an expected insurance market loss of in excess of $1 billion. Impact Forecasting highlight five outbreaks of severe convective or thunderstorm type weather that hit the United States in February, with one of these outbreaks resulting in 60 confirmed tornado touch-downs in the Midwest, Southeast, and Mid-Atlantic. Illinois, Missouri, Indiana, Arkansas, Kentucky, and Tennessee were among the hardest hit states, as large hail and damaging winds also caused damage to homes, businesses, vehicles, and other structures. Economic and insured losses from this one event are estimated at minimally in the hundreds of millions of dollars (USD), Impact Forecasting said. European windstorm Thomas is set to be the costliest European windstorm event of the season, the company said, with preliminary insured loss estimates put at above EUR100 million (USD105 million) across both the U.K. and Germany . Finally, the powerful thunderstorms and resulting hail that hit regions of New South Wales, Australia, including Sydney, led to widespread damage and disruption. As we wrote earlier this week, the insurance loss from just IAG and Suncorp ( OTCPK:SNMCY ) has been put at around AU $370 million (US $280 million or higher). This loss is anticipated to grow further as claims are assessed. Claire Darbinyan, Associate Director and Meteorologist at Impact Forecasting, commented on February's severe weather activity; While the United States endured another active and costly month from severe thunderstorms, it was not the only region coping with major losses from the peril.