“I have raised up what was in ruins. I have restored that which was destroyed.” – Hatshepsut

Female Pharaoh image

Hatshepsut, the longest-reigning Egyptian female pharaoh, ruled for 20 years in the 15th century BC. “I have raised up what was in ruins. I have restored that which was destroyed,” declared Hatshepsut.

The quote regarding Hatshepsut’s appointment comes from inscriptions and was designed to legitimise her rule, often illustrating the divine will of the Gods or proclamations from her father, Thutmose I.

Hatshepsut was adept at presenting her reign within the context of divine support and royal succession. This daughter of mine, Hatshepsut… I have named her successor to my throne… She shall guide you… Heed her words and gather under her command.”

Mini history lesson


Hatshepsut, one of the most successful pharaohs of Egypt, ruled during the 18th Dynasty from approximately 1479 to 1458 BCE.

Her tenure is noted not just for its duration but also for the prosperity and tranquility she established in Egypt. As a rare female pharaoh, Hatshepsut had to affirm her power in a patriarchal society. She frequently portrayed herself with pharaonic symbols of authority, like the false beard and headdress, to reinforce her legitimacy. “I have raised up what was in ruins. I have restored that which was destroyed,” she declared, underscoring her role in reviving Egypt’s splendour.

During her rule, Hatshepsut initiated grand construction projects, leaving a heritage of remarkable monuments and temples. Her most famous accomplishment is the mortuary temple at Deir El-Bahari, an architectural wonder that stands as a testament to her foresight and governance. Hatshepsut also rejuvenated Egypt’s economy by developing extensive trade networks. Her notable expedition to Punt, a region thought to be resource-rich, yielded precious items like myrrh, frankincense, and exotic wildlife.

This voyage was eternally captured in the reliefs of her temple, showcasing her achievements and contributions to Egypt’s affluence. In her inscriptions, Hatshepsut stated, My authority was asserted in this land and to its farthest reaches… My gaze was southward, I explored the edges of the mountains, all my eyes wished to see was accomplished.”

This statement mirrors her broad vision and ambition to expand Egypt’s reach. Despite her accomplishments, Hatshepsut’s memory faced attempts at erasure after her demise. However, contemporary archaeology has revealed her significant influence.

Today, Hatshepsut is celebrated as an innovative ruler whose reign made a lasting impression on ancient Egyptian history.

Big tech companies are increasingly adopting nuclear power to meet the high energy demands of their AI data centres

Data centre powered by nuclear reactors

Why?

Elevated Energy Needs

AI systems, particularly generative AI, necessitate substantial computational power, leading to significant energy use. Conventional energy sources might not meet these growing demands.

Environmental Commitments

Numerous tech firms have pledged to lower their carbon emissions. Nuclear power, a low-emission energy source, supports these environmental commitments.

Dependability

Nuclear energy offers a consistent and uninterrupted power supply, essential for data centres that operate around the clock.

Technological Advancements

Progress in nuclear technologies, such as small modular reactors (SMRs), has enhanced the feasibility and appeal of nuclear power for extensive use.

For example, Google has entered into an agreement with Kairos Power for electricity from small modular reactors to bolster its AI operations. In a similar vein, Microsoft has collaborated with Constellation to refurbish an inactive reactor at the Three Mile Island nuclear facility.

These collaborations mark a notable transition in the energy strategies of the tech sector, as they pursue dependable, eco-friendly, and robust power solutions to support their AI initiatives.

UK inflation in surprise fall to 1.7%

UK Inflation down below target

UK inflation fell unexpectedly to 1.7% in the year to September 2024, the lowest rate in three-and-a-half years

This indicates that inflation, which is the rate at which prices increase over time, is currently below the Bank of England’s target of 2%, potentially leading to further reductions in interest rates next month.

The Office for National Statistics (ONS) reported that petrol and diesel prices saw a notable decrease, falling by 10.4% in September 2024compared to the same month the previous year.

Additionally, the cost of fares for domestic, European, and long-haul flights contributed to the lower inflation rate. While fares typically decrease after the summer peak, this year they have reduced more than usual.

UK interest rate at 1.7% below the Bank of England target of 2%

UK interest rate at 1.7% below the Bank of England target of 2%

With inflation dropping below economists’ expectations, the markets are anticipating a cut in interest rates at the Bank of England’s upcoming meeting in November 2024. The present rate stands at 5%, and a reduction of 0.25% is now deemed highly probable.