The government announced plans to privatize Argentina’s state-run water and sanitation company, AySA, by transferring 90% of its shares to private entities. The privatization will employ a hybrid approach involving a public bidding process for a strategic operator and an initial public offering to allow other investors to participate. Employees will retain a 10% stake in the company through the existing equity ownership program. Citing the need for modernization and citing a history of financial strain, operational inefficiencies, and infrastructure deterioration under state control, the government believes privatization will improve service quality and pricing.
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At approximately 74 years old, Wisdom, a Laysan albatross and the world’s oldest known wild bird, has laid another egg at Midway Atoll National Wildlife Refuge. This remarkable feat follows a lifetime of breeding, with an estimated 30+ chicks already hatched. Despite the species’ typical lifespan of 12-40 years, Wisdom, initially tagged in 1956, continues to demonstrate remarkable vitality and breeding instincts with a new partner. Biologists remain optimistic about the egg’s viability, noting a high probability of hatching and subsequent chick rearing.
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John Q. Hosedrinker