Eutelsat's Military Boost & Chile's Underwater Forest Challenges
Eutelsat shares rose 10% due to a new 10-year contract with the French government, granting priority access to OneWeb satellites for military use. In Chile, underwater forests vital for local ecosystems and carbon capture face threats from warming seas and pollution, jeopardizing their biodiversity and economic benefits.

Eutelsat's shares experienced a sharp 10% increase after announcing a substantial 10-year contract with the French armed forces. This 1 billion euro deal, disclosed on Wednesday, will ensure the French military receives priority access to OneWeb satellites for operational and security purposes.
Meanwhile, Chile's crucial underwater forests are under siege. These vibrant marine ecosystems off the country's northern coast not only provide a habitat for diverse wildlife but also serve as an essential income source for local communities. Furthermore, they play a significant role in global oxygen production and carbon sequestration.
However, these vital underwater habitats face growing threats from human activities and climate change. Mining and warming seas have put the future of these invaluable resources at risk, potentially undermining their ecological and economic importance.
(With inputs from agencies.)
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