Latest news with #TAC


CTV News
2 days ago
- Business
- CTV News
DFO increases total allowable catch for northern cod fishery
Fisheries and Oceans Canada (DFO) announced an increase in the total allowable catch (TAC) in the northern cod commercial fishery. The TAC more than doubled from 18,000 tonnes to 38,000 tonnes under the new management plan. Recent data confirms northern cod has remained stable since 2017 and is 'at a higher level than previously understood from the 2024 assessment,' said a Wednesday news release. 'There are opportunities now to responsibly grow the industry and reflect on how we manage the food fishery,' said Minister of Fisheries Joanne Thompson. 'We often say that the world needs more Canada, but Canada also needs more Newfoundland and Labrador – and a stronger cod fishery will help make that happen." Commercial allocations for 2025-26 are as follows: 80 per cent is allocated to inshore harvesters including a new allocation for the inshore mobile gear fleet 10 per cent is allocated to Indigenous groups and special allocation 9.72 per cent is allocated to Canadian offshore fleets 0.28 per cent is allocated to mid shore fixed gear and mobile gear fleets The new management plan did not increase the TAC for capelin, a key food source for cod and other species. The TAC for capelin remains at 14,533 tonnes. The government will launch public consultations to inform future management decisions, said the release. The management plan includes new provisions for tour boat operators. Passengers can retain two groundfish per day under the new tagging system. 'Canada is a maritime nation, with more coastline than any country in the world, and the fishing industry plays a vital role in our economy and coastal communities,' said Minster Chrystia Freeland. 'Fisheries and Oceans Canada's new voluntary tagging pilot program empowers tour boat operators to support sustainable marine practices — advancing conservation and our Canadian economy.' Approximately five per cent of the TAC is allotted for Northwest Atlantic Fisheries Organization partners fishing outside Canada's exclusive economic zone.


Business Insider
2 days ago
- Business
- Business Insider
TAC Raises $11.5M to Bring DeFi to Telegram's Billion-User Ecosystem
New York, USA, June 18th, 2025, Chainwire TAC, a purpose-built blockchain for EVM dApps to access TON and Telegram ecosystem, has raised a total of $11.5 million across its seed and strategic rounds. The newly closed $5 million strategic round, led by Hack VC, reinforces institutional belief in TAC's mission to enhance blockchain functionality inside Telegram, the most user-rich environment in crypto. 'At Hack VC, we invest in teams building the future of the internet,' said Ed Roman, Managing Partner at Hack VC. 'TAC is an exceptional team with a deep understanding of infrastructure and growth backed by years of experience building in the space. Leading this strategic round reflects our conviction in TAC's ability to shape how Ethereum dApps reach global users through Telegram and TON.' TAC is nearing its mainnet launch, now underway in a phased rollout. In the current DevMainnet phase, blue-chip DeFi protocols like Curve, Morpho, and Euler are already deploying, with over 20 leading applications preparing for Mainnet integration. This early traction ensures that once TAC goes live publicly, the ecosystem will launch with deep liquidity, proven DeFi primitives, and immediate user utility inside Telegram. 'TAC is committed to giving EVM developers the tools and reach to deploy their applications into Telegram's billion-user ecosystem,' said Pavel Altukhov, Co-Founder and CEO of TAC. 'This strategic round accelerates our mission to bring Ethereum applications to everyday users and lays the groundwork for the next wave of TON-native consumer apps.' TAC's pre-mainnet liquidity bootstrapping campaign, The Summoning, has drawn significant interest from leading funds, liquidity providers, and infrastructure players across the industry. With over $700M in total value locked (TVL) secured ahead of public Mainnet launch, this institutional-grade backing reflects deep confidence in TAC's role as a DeFi layer for TON. Crucially, this liquidity will power core DeFi applications from day one, enabling real yield and market functionality at launch "Going live on Telegram and TON via TAC can allow Curve to reach the new audience who aren't yet on DeFi,' said Michael Egorov, Founder of Curve. 'TAC chose a great approach of bringing battle-tested EVM applications there. We are happy to be one of the first to deploy and bring Curve to these new users" Curve, Morpho, and Euler have already built dedicated Telegram Mini Apps (TMAs), making their products natively accessible in Telegram. In parallel, popular consumer TMAs are beginning to integrate DeFi functionality on the backend, distributing yield and financial tools to non-crypto users. TAC sees this convergence within the superapp Telegram as the path to mass adoption. About TAC TAC is a purpose-built blockchain for EVM dApps to access TON and Telegram Ecosystem's 1B+ user base. TAC makes it seamless for Ethereum dApps to be deployed on TON. EVM functionality and liquidity brought to the TON ecosystem enable builders to focus on consumer use cases. Contact PR CC Chen TAC
Yahoo
11-06-2025
- Entertainment
- Yahoo
Father's Day show at Tacoma McMenamins celebrates the bond of fathers and sons
A show celebrating fatherhood through live music and poetry is coming to Tacoma this Father's Day. Father and son pair Leon Walker and Rob Young will perform 'Said By The Father and Son' at the Spanish Ballroom at Tacoma's McMenamins Elks Temple on June 15. Blending live hip hop, soul and gospel music and spoken poetry, the production explores fatherhood, the Black experience and universal themes of human familial relationships, Young told The News Tribune. Put on by Rob Young Productions and L61 Productions, the story is authentic to Tacoma, where Walker raised Young and where they have performed for years, he added. Sponsored by the City of Tacoma Arts Commission (TAC), the Tacoma Urban League and the Black Future Co-op Fund, the show also hopes to provide an opportunity to honor and uplift fathers on Father's Day, he added. 'It's almost like it's interwoven between our relationship and the human experience, and so both are happening at the same time in a way that I think is very unique,' Young said. '.... It's our relationship, but it's not our relationship. We're only a representation of what other people do.' Young, now 39 — who was born Robert Walker but performs as Rob Young — said he has long been inspired by his father's work as a motivational speaker and poet. As he became a young adult, they performed poetry shows together often, he added, which led to their nickname of 'the father' and 'the son.' Now, the two have delved into that history to co-write a show that showcases and traverses the beauty, messiness, pain and growth of their relationship through their favorite forms of communication: poetry and music, Young said. All the music is original and will be performed with a live band and singers, he added. 'It's literally taking our works and seeing how they correlate and how they are different from a place of generational wisdom and how my pieces are questions to his answers very easily,' he said. 'And I think that's what makes this so unique. This is our first time doing this.' Naomi Strom-Avila, funding and cultural programs manager for the City of Tacoma's Arts & Cultural Vitality division, told The News Tribune the TAC was excited to select 'Said By The Father and Son' for their 2025 Community Arts Projects funding program. Their proposal stood out for its inter-generational reach and its focus on Black fatherhood, vulnerability and personal growth, she said. Strom-Avila added that she was excited to see the show and plans to attend with her own family on Sunday. 'Both Leon Walker and Rob Young bring years of experience in producing impactful community projects, partnering with organizations and schools to engage audiences in social justice and cultural storytelling,' Strom-Avila added in an email. 'The Tacoma Arts Commission is thrilled to help bring this inspiring project to life, enriching our community through the transformative power of the arts.' The show will take place in four chapters, with a stage design made to resemble their own living room, Young said. Each chapter takes the audience through various time periods and emotions of fatherhood, starting with the first, titled 'In the Beginning,' and progressing through 'Generation Gap,' 'You'll Always Be My Little Buddy' and finally, 'Love Is the Answer.' Originally from Pittsburgh, Walker, now 76, told the News Tribune that he arrived in Tacoma after serving in the Air Force. He raised Young in northeast Tacoma while working as a Department of Corrections parole officer and a teacher at McNeil Island Corrections Center and the Washington State Criminal Justice Training Commission, he said, adding that he sought to be a friendly and accommodating father to Young, who he called his 'little buddy.' Walker was also the founder of JasLeRob Gallery in the '90s at South 12th Street and Martin Luther King Jr. Way. Now closed, he said it was the largest gallery of Black art in the state. He hopes the show will leave people thinking about their own relationships and histories. He said it will delve into African-American history that is increasingly overlooked or ignored in the current political climate. 'We can't solve everybody's problems, but maybe we can talk about our relationship and what we've been through — you can see something from that that binds together relationships that are important, like father to son, family to community, family to the larger Black experience in this country,' Walker said. The first two poems of the show were created during real events between father and son prior to the show's concept, Young said. The show opens with a poem Walker wrote when Young was born, about giving him a name. As a young adult, Young had disliked and questioned what he felt was a lack of African influence on his name — upon discovering his father's poem, he felt newly understood, Young said. For his father's 70th birthday, Young wrote a response to that poem from his point of view, speaking to God about what father he had hoped to be sent to. That poem will be the second piece presented in the show to finish introducing both performers, he said. The show is also special in its ability to offer something to audiences from across different generations, with both modern and historic influences on its themes and music, Young said. The music will serve as the foundation that ties the show together as the audience is guided through emotional poetry performances, he added. Following this performance, Walker and Young plan to release a joint poetry album by the same title, which will include some pieces from the show, Young said. Some works from the show will also be put into a poetry book Walker plans to release in the future, he added. 'I personally believe that doing art and doing this kind of matter of the hearts, is stewardship,' Young said. 'It is doing a higher-purpose work, and that's incredibly, incredibly important, and we take it serious.' The show is at 6 p.m. on Sunday evening, and doors will open at 5 p.m. Tickets can be purchased online at the McMenamins events website.


The Sun
10-06-2025
- Business
- The Sun
Malaysia, Poland pledge closer collaboration in higher education, culture and law enforcement
PUTRAJAYA: Malaysia and Poland have pledged to expand bilateral cooperation across a wide range of sectors including education, culture, tourism, law enforcement and global security, following the official visit of Polish President Andrzej Duda to Malaysia. In a joint statement issued today, Prime Minister Datuk Seri Anwar Ibrahim and President Duda reaffirmed their commitment to strengthening coordination in combating crime, including organised and transnational crime, illegal immigration, and human trafficking. Both leaders recognised the crucial role of the private sector and people-to-people ties in advancing bilateral relations, and agreed to promote exchanges in education, science, vocational training, culture, national heritage preservation and tourism. The two sides also emphasised the importance of fostering institutional collaboration in higher education and research. They expressed hope for the early conclusion of negotiations on a Memorandum of Understanding on Cooperation in Higher Education between Malaysia's Ministry of Higher Education and Poland's Ministry of Science and Higher Education. In the cultural sphere, Anwar and Duda acknowledged the importance of archaeological exchanges and the conservation of national heritage, while supporting efforts to build direct ties between academic and cultural institutions of both nations. On tourism, both leaders welcomed efforts to improve direct air connectivity between Malaysia and Poland. They encouraged airlines and tour operators from both countries to explore expanded routes and package tour offerings to boost tourism, cargo transport, and people-to-people ties. The joint statement also highlighted Poland's successful application to the Treaty of Amity and Cooperation (TAC) in Southeast Asia, which was endorsed by ASEAN. President Duda expressed gratitude to Malaysia for its support and leadership during the process. Looking beyond bilateral matters, the two countries pledged to collaborate in reinforcing an open and free international system based on the rule of law, the United Nations Charter, and the protection of human rights and fundamental freedoms. Both leaders also highlighted the need to address pressing global challenges, including worsening regional security, climate change, resource security, cybersecurity, health threats, and protectionism. They stressed the importance of enhancing pandemic preparedness, integrated disease surveillance, and robust public health response capabilities. Duda, who is on his first official visit to Malaysia, was accorded a formal welcome at Perdana Putra Complex earlier today. The visit underscores the strong and friendly relations between Malaysia and Poland, which have been built on mutual respect and close cooperation since diplomatic ties were established in 1971. In 2024, Poland was Malaysia's eighth-largest trading partner among European Union member states, with total bilateral trade rising by 19.5 per cent to US$1.33 billion (RM5.66 billion) compared to 2023. Malaysia's major exports to Poland include electrical and electronic products, rubber products and machinery, while key imports from Poland consist of machinery, equipment and parts, electrical and electronic products and transport equipment.


The Sun
10-06-2025
- Business
- The Sun
Malaysia, Poland boost higher education, culture, law enforcement
PUTRAJAYA: Malaysia and Poland have pledged to expand bilateral cooperation across a wide range of sectors including education, culture, tourism, law enforcement and global security, following the official visit of Polish President Andrzej Duda to Malaysia. In a joint statement issued today, Prime Minister Datuk Seri Anwar Ibrahim and President Duda reaffirmed their commitment to strengthening coordination in combating crime, including organised and transnational crime, illegal immigration, and human trafficking. Both leaders recognised the crucial role of the private sector and people-to-people ties in advancing bilateral relations, and agreed to promote exchanges in education, science, vocational training, culture, national heritage preservation and tourism. The two sides also emphasised the importance of fostering institutional collaboration in higher education and research. They expressed hope for the early conclusion of negotiations on a Memorandum of Understanding on Cooperation in Higher Education between Malaysia's Ministry of Higher Education and Poland's Ministry of Science and Higher Education. In the cultural sphere, Anwar and Duda acknowledged the importance of archaeological exchanges and the conservation of national heritage, while supporting efforts to build direct ties between academic and cultural institutions of both nations. On tourism, both leaders welcomed efforts to improve direct air connectivity between Malaysia and Poland. They encouraged airlines and tour operators from both countries to explore expanded routes and package tour offerings to boost tourism, cargo transport, and people-to-people ties. The joint statement also highlighted Poland's successful application to the Treaty of Amity and Cooperation (TAC) in Southeast Asia, which was endorsed by ASEAN. President Duda expressed gratitude to Malaysia for its support and leadership during the process. Looking beyond bilateral matters, the two countries pledged to collaborate in reinforcing an open and free international system based on the rule of law, the United Nations Charter, and the protection of human rights and fundamental freedoms. Both leaders also highlighted the need to address pressing global challenges, including worsening regional security, climate change, resource security, cybersecurity, health threats, and protectionism. They stressed the importance of enhancing pandemic preparedness, integrated disease surveillance, and robust public health response capabilities. Duda, who is on his first official visit to Malaysia, was accorded a formal welcome at Perdana Putra Complex earlier today. The visit underscores the strong and friendly relations between Malaysia and Poland, which have been built on mutual respect and close cooperation since diplomatic ties were established in 1971. In 2024, Poland was Malaysia's eighth-largest trading partner among European Union member states, with total bilateral trade rising by 19.5 per cent to US$1.33 billion (RM5.66 billion) compared to 2023. Malaysia's major exports to Poland include electrical and electronic products, rubber products and machinery, while key imports from Poland consist of machinery, equipment and parts, electrical and electronic products and transport equipment.