Can compile to C which then compiles using your favourite compiler. So it can operate at the speed of C

Technically, it all compiles to assembly, but Python is still a lot slower than C or Rust. Speed is lost along the way through those layers of abstraction.

And the new memory management system is similar to rusts system (and can be fully disabled if you want manual memory management)

So it doesn’t have a garbage collector? I’m going to have to actually look into this myself.