Google Cloud Speech-to-Text API (Chirp) + Gemini 2.5 Flash Non-Thinking. Treat it as a searchable index of what was broadcast, not a quotation record.
00:01:00on one side of the river in Estonia, the
00:01:03and on the other, in Russia, just
00:01:06120 meters away, the Ivangorod
00:01:10fortress founded in 1492.
00:01:13The Friendship Bridge separates the two sides. The name was
00:01:17ironically given by the Russians in the
00:01:2160s to symbolize the closeness between
00:01:24Russia and the Soviet
00:01:26Republics.
00:01:30in the Soviet times, it actually was built in the Soviet times, it's called
00:01:33Friendship, nowadays it's pretty ironically to call it like that, but
00:01:37it's the only bridge that you can go through to the Russia side, there was
00:01:41opportunity to go by car, but nowadays it's from
00:01:44the Russian border that are making some reconstructions
00:01:47and
00:01:53Russian nationality are prohibited from entering Estonian territory
00:01:57since Russia's invasion of Ukraine.
00:03:00Narva is of Russian origin, after Estonia's independence in
00:03:031991, the
00:03:06vast majority of inhabitants remained in the
00:03:08country.
00:03:11Narva is the capital of Idaviruma, the poorest
00:03:15region in Estonia, with an unemployment rate of
00:03:18over 12%.
00:03:21The European Union has allocated more than 300 million euros
00:03:24to the region, from the Just Transition Fund for the period of 2022-2027,
00:03:28justa para o período de 2 2027
00:03:32aimed at supporting European countries with the greatest
00:03:35need for adaptation to the carbon neutrality
00:03:39process, and Davi Ruma is suffering the
00:03:42impact of the energy transition with the
00:03:45replacement of the use of oil shale with
00:03:49cleaner energy
00:03:50sources.
00:04:02The Just Transition Fund is a financial instrument
00:04:05of the European Union that is part of the cohesion
00:04:08policy and provides support to territories facing
00:04:12socioeconomic challenges resulting from the process of
00:04:15transitioning to a climate-neutral economy. The fund
00:04:18supported the creation of the first
00:04:22rare earth magnet factory in
00:04:24Europe.
00:04:54following the specifications of the European automotive industry and
00:04:58the turbine sector.
00:05:12supplies the automotive customers of Europe and the
00:05:16renewable energy customers for offshore wind turbines of Europe,
00:05:20and in a time of crisis of rare earth
00:05:23magnetics, challenging trade flows,
00:05:26tariff, non-tariff barriers that are happening in the world, the
00:05:29localization of critical material supply chain such as what we've
00:05:32done here in Estonia, helping and being part of Estonia becoming the
00:05:36rare earth hub of
00:05:38Europe.
00:05:41The factory represents an investment of 75 million
00:05:45euros, European support is 14
00:05:48million, it employs around 80 people, but
00:05:52a thousand jobs are expected to be created in the
00:05:55coming years. One of the objectives of magnet
00:05:59production in this part of northern Europe is to increase European
00:06:02competitiveness and reduce
00:06:05dependence on China, which dominates the
00:06:08world market.
00:06:13"if we want our world to succeed in the transition to net zero, part
00:06:16of it is transitioning to renewable energy sources, but
00:06:20the other part is using motors that are more energy
00:06:24efficient, that is using less energy in a motor to achieve the
00:06:28kind of mechanical outputs that we need to maintain if not increase
00:06:31our quality of life, and rare earth permanent magnets that
00:06:35go into motors, they help them become energy efficient, they are
00:06:39energy saving magnets to the
00:06:42effect." digitally, including obtaining
00:06:45licenses, constructing the factories, installing
00:06:49equipment, and hiring local and
00:06:52international employees.
00:06:55The factory was built in just 500
00:06:59days. Estonia because of how
00:07:02effective uh the administration, the public
00:07:05administration procedures are because of how invested the
00:07:09public administration Estonia was in working with EU.
00:07:12institutions um and of course us working
00:07:15together um Estonia became the first
00:07:19country that was able to grant an EU just
00:07:22transition fund award and by extension we became the first project. New
00:07:26Performance Materials is a Canadian company with
00:07:29branches in China, Thailand,
00:07:31Singapore, Germany, United Kingdom, and United
00:07:34States. The EU Commission and the government of Estonia had
00:07:38vision where in areas that have suffered the most.
00:09:13In the riverside area, with a view of Russia, the atmosphere is
00:09:17usually one of relaxation and
00:09:19leisure.
00:09:21The riverbanks have been completely renovated with European financial
00:09:25support. On the promenades, it is possible to see
00:09:28the dates of countries' accession to the European Union marked on
00:09:32the ground, including that of Portugal 40
00:09:35years ago.
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00:10:18cities. Celebrating 60 years in the market, the Frias
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00:10:25professionals and the most advanced technologies,
00:10:29we want to build your dreams. SNF Concrete Contractors, a
00:10:32Portuguese-American company, proud of its Portuguese roots
00:10:36and signature on the most emblematic projects in
00:10:39Boston. SNF Concrete Contractors in Hudson,
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00:10:53exclusively the best quality meat.
00:10:55Not only that, we serve in the traditional Portuguese way, the best fresh
00:10:59fish and seafood you can taste in our dining rooms, and we
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