Month: April 2017

Tensions Rise as General Strike Paralyzes Argentina

Protesters in Argentina clashed with police during marches over government austerity measures on Thursday as labor unions challenged President Mauricio Macri in the first general strike since he took office 16 months ago.

Security forces used high-powered water cannon and tear gas to control picketers who had blocked the Pan-American Highway, the main road leading from the north to capital city Buenos Aires, where normally bustling streets were half-empty and businesses were closed.

Truck and bus drivers, teachers, factory workers, airport employees and the government customs agents who run Argentina’s all-important grains export sector walked off the job at midnight for 24 hours.

“No customs officials are here, so there will be no exports or imports today,” said Guillermo Wade, manager of the maritime chamber at Argentina’s main grain hub of Rosario. The country is the world’s top exporter of soymeal livestock feed and the third-largest supplier of soybeans.

Macri took office in December 2015. He eliminated currency and trade controls and cut government spending, including gas subsidies, a move that steeply pushed up home-heating bills.

The strike came as Macri welcomed hundreds of potential investors and foreign officials to a meeting of the World Economic Forum in Buenos Aires. Blocks away from the hotel where the meeting was held, protesters clamored for wage increases in line with inflation, which was 40 percent last year and expected to be about 20 percent in 2017.

“The situation is dramatic,” Julio Piumato, a spokesman for labor umbrella group CGT, said in a telephone interview.

“Wealth is being concentrated in the hands of a few at the same rate that poverty is growing,” he said. “Urgent measures are needed to create employment. One out of every three Argentines is poor.”

The one-day work stoppage came ahead of an October congressional election that will gauge Macri’s strength going into his 2019 re-election bid. The market is concerned about a political comeback by previous President Cristina Fernandez, who boosted the government’s role in the economy during her eight years in power.

Macri took office promising a wave of foreign investment that has been slow to manifest itself. Investors want to see that his Cambiemos coalition remains the biggest vote-getter in heavily populated areas like Buenos Aires, which will be key to the 2019 election.

He was elected after Fernandez left Argentina with rampant inflation, dwindling central bank reserves and a wide fiscal deficit.

Brazil’s Temer to Revise Pension Reform Proposal to Secure Approval

Brazilian President Michel Temer plans to water down its landmark pension reform proposal to ease lawmakers’ resistance to the controversial bill key to rebalance the government’s depleted finances.

Temer said in a radio interview on Thursday he has authorized the lawmaker sponsoring the plan to alter its terms as long as he maintains the bill’s minimum retirement age. He did not specify what changes could take place.

The reform plan, submitted last year to Congress, sets a minimum retirement age at 65 for both men and women and requires more years on the job for workers to gain full pension benefits.

Those points and others to limit benefits have drawn criticism from public servants and labor unions alike, irking lawmakers who face elections next year.

A newspaper survey of lawmakers on Wednesday showed support for the proposal fell well below the 308 votes necessary to pass the lower house of Congress, with only 92 in favor and 242 against.

Arthur Maia, the lawmaker sponsoring the legislation, told reporters later on Thursday that he will change the proposal to protect the poorest without hurting the “backbone” of the amendment. He is considering altering the transition rules for those nearing the retirement age, easing pension requirements for farmers and agricultural workers while keeping some special benefits to teachers and police.

Maia said he will unveil his proposed changes on April 18.

A revamp of Brazil’s costly pension system is the centerpiece of Temer’s crusade to balance the government budget and reverse the rise in public debt as he seeks to lift Latin America’s largest economy from its deepest recession on record.

Still, some investors fear he could face a rocky road ahead due to a bickering Congress and corruption probes ensnaring senior figures of his administration.

Temer could even be unseated if Brazil’s top electoral court rules that he and former President Dilma Rousseff, under whom he was vice president, used illegal money to fund their 2014 campaign. Rousseff was impeached in 2016.

The Supreme Electoral Tribunal (TSE) on Tuesday delayed any verdict in the trial until at least May, playing into what Temer’s aides have outlined as a defense strategy centered on dragging the case out through 2018.

Still, Temer said in the radio interview he wishes that the issue will be solved “as soon as possible” in order to reduce uncertainty.

Astronaut John Glenn Laid to Rest at Arlington National Cemetery

John Glenn, the first American to orbit the earth who later became the world’s oldest astronaut and a longtime U.S. senator, was laid to rest on Thursday at Arlington National Cemetery in Virginia.

Glenn, who author Tom Wolfe once called “the last true national hero America has ever had,” died four months ago in his home state of Ohio at the age of 95.

After a private service at a chapel on the cemetery grounds, a horse-drawn carriage pulled Glenn’s flag-draped casket to his burial site. There was a short graveside ceremony broadcast online by NASA Television. Then, Gen. Robert Neller, Commandant of the Marine Corps, handed the flag that had draped the casket to Glenn’s 97-year-old widow, Annie Glenn. She kissed him.

Glenn was a Marine Corps test pilot when he was chosen to be one of the seven original U.S. astronauts. He was the third American in space, the first to orbit the earth.

His three laps around the world on Feb. 20, 1962, in a space capsule called Friendship 7, forged a powerful link between the former fighter pilot and the Kennedy-era quest to explore outer space as a “New Frontier.” After his mission, he received a hero’s welcome including a tickertape parade near Wall Street, in New York City’s “Canyon of Heroes.”

Wolfe chronicled the experiences of the original seven U.S. astronauts in his book, “The Right Stuff,” which later became a popular movie.

Glenn’s widespread popularity helped him get elected as a Democratic candidate to the U.S. Senator from his home state of Ohio, which he represented from 1974 to 1999.

Just before the end of his Senate career, in October 1998, the 77-year-old Glenn became the oldest astronaut, serving as a mission specialist on the seven-member crew of the space shuttle Discovery.

The NASA launch announcer at the time said, “Liftoff of Discovery with six astronaut heroes and one American legend.”

 

UN: Latin America’s Poor Need More Help to Tackle Zika

The ripple effects of the Zika virus are hitting the poor hard in Latin America and the Caribbean, and could knock back development unless states involve communities in a stronger push to tackle the disease, a U.N.-led study said Thursday.

The mosquito-borne Zika virus will cost the region between $7 billion and $18 billion from 2015 to 2017, said the report by the United Nations Development Programme (UNDP) and the International Federation of Red Cross and Red Crescent Societies (IFRC).

Large economies like Brazil will shoulder the biggest share of the cost, but poorer countries such as Belize and Haiti will suffer the severest impacts, it added.

Jessica Faieta, UNDP director for the region, said the virus — linked to birth defects in some cases where it infects pregnant women — is not only causing direct economic losses and putting health systems under stress.

“The long-term consequences of the Zika virus can undermine decades of social development, hard-earned health gains and slow progress towards the Sustainable Development Goals,” she said in a statement.

Focusing on Brazil, Colombia and Suriname, the report calculated that the economic impact of the virus was five times higher for the Caribbean than South America, and could cost the Caribbean as much as $9 billion in lost revenues over the three-year period as tourists stay away.

Labelling Zika a “disease of poverty,” the study said support was not reaching the region’s most vulnerable who often lack access to health and social services.

Countries are struggling to coordinate and finance programs to control, monitor and diagnose the virus, it added.

Walter Cotte, IFRC’s director for the Americas, said funds should be used to involve communities in responding to the disease, so as to build their resilience and reduce stigma.

Carried by the Aedes aegypti mosquito, which also hosts dengue, chikungunya and yellow fever, Zika has spread to more than 60 countries and territories since the outbreak was identified in 2015 in Brazil.

Here the alarm was raised over Zika’s ability to cause microcephaly — a birth defect marked by small head size and underdeveloped brains — and Guillain-Barre syndrome, a rare neurological disorder.

Social inequities

Spending more money on tackling Zika now would have long-term benefits and curb the spread of other diseases carried by the same mosquito, said the report.

With women on the fringes of fast-growing cities among those most at risk, it called for states to step up help for poor communities where many lack access to sanitation, health care and jobs.

“While a swift and timely emergency response is a necessary step in controlling the Zika epidemic, there is a growing need to address the quieter effects of the outbreak — the social impacts, economic loss and hardship — which are exacerbated by pre-existing inequities,” the report said.

Families looking after children born with related birth defects will need greater assistance, partly to help with long-term care, which could cost up to $5 billion in lost income as parents stay out of the work force, said the report.

It estimated the cost of microcephaly to be $8 billion, largely because people born with the disorder are unlikely to be able to work, while costs linked to Guillain-Barre could reach $3 billion.

The World Health Organization projected some 3 to 4 million people would be infected with Zika in Latin America by early 2017, saying in February the region was recording lower numbers of infections than last year, but countries must stay vigilant.

CDC: 25 Percent of Men Infected with Cancer-causing HPV

A cancer causing strain of the human papillomavirus, or HPV, has infected 25 percent of men and 20 percent of women in the United States, new statistics from the National Center for Health Statistics.

Furthermore, some 45 percent of men have a genital form of the virus.

“Human papillomavirus (HPV) is the most common sexually-transmitted infection in the United States,” the team at the NCHS, part of the Centers for Disease Control and Prevention, wrote.

“Some HPV types can cause genital warts and are considered low risk, with a small chance for causing cancer. Other types are considered high risk, causing cancer in different areas of the body including the cervix and vagina in women, penis in men, and anus and oropharynx [mouth and throat] in both men and women.”

The virus has been linked to head and neck cancer as well as cervical cancer.

According to NBC News, doctors think about 70 percent of head and neck cancers are caused by HPV spread through oral sex. They add that by 2020, head and neck cancers will be more common than the cervical cancer caused by the virus.

Roughly four percent of adults are infected with an oral, cancer causing strain of HPV. Men had a higher rate than women.

For people under 25, there is a vaccine that can defend against the cancer causing strains of HPV. Among older adults, the virus continues to be passed around.

According to NBC, the FDA-approved vaccines are Cervarix and Gardasil.

There are 109 known strains of HPV.

Tech Firms Must Go Beyond Congo’s ‘Conflict Minerals’ to Clean Supply Chain: Study

Abuses linked to mining in countries such as Myanmar and Colombia are being overlooked by technology companies focused only on eliminating “conflict minerals” from war-torn parts of Africa in their supply chains, researchers said on Thursday.

In Democratic Republic of Congo (DRC), competition for mineral resources has fueled two decades of conflict in its eastern provinces, including a 1998-2003 war that killed millions, mostly from hunger and disease.

Congo’s supply of tantalum, tin, tungsten and gold – metals used in smartphones, batteries and laptops – has been under scrutiny since 2010, when U.S. laws required U.S.-listed firms to ensure supply chains were free from “conflict minerals”.

Yet the same minerals are being quarried in areas controlled by armed groups — sometimes using child labor — in countries such as Myanmar, Bolivia and Rwanda, according to research published by Verisk Maplecroft on Thursday.

The problem for tech companies was being able to trace the metals used in their products to the source mine or smelter, the risk consultancy group said in a report.

“The problem is because this is so far down the supply chain, it’s difficult for technology companies to know if those minerals they’re using are coming from irresponsibly managed operations,” said Stefan Sabo-Walsh of Verisk Maplecroft.

Sabo-Walsh told the Thomson Reuters Foundation that in the most extreme cases the minerals are excavated using forced labor in order to buy weapons and fund violence.

A convoluted process

After minerals are mined, they are sold to a middleman and usually taken to the country’s capital, where the raw metal is extracted and blended with other metals, the report said.

The blend is exported to a country such as China and then transformed for use in tech products.

The complicated process “further muddies supply chain transparency efforts” for companies that strive to only use safe and ethical extraction, Verisk Maplecroft said.

Tin, which is used in tablet computers and smartphones, was ranked as having the highest risk for labor rights violations at illegal mines.

Bolivia, Myanmar and Indonesia, some of the largest tin-producing countries, pose an “extreme risk” for child labor at tin mines, the research showed.

Some smaller mines are not run by armed groups but still hurt the environment and local communities and are difficult to police, Sabo-Walsh said.

At illegal mines, waste water runoff often makes its way into local water sources, polluting the supply, he said.

“Organizations need to be aware of the bigger picture when sourcing minerals from different countries – otherwise they risk a consumer backlash or regulatory penalties from the raft of emerging supply chain legislation,” he said in a statement.

Poll: 40 Percent of Americans More Cautious With Email After Election Hacking

Forty percent of Americans say they are more cautious about what they write in emails since last year’s cyber attacks against the Democratic Party, according to a Reuters/Ipsos poll released on Thursday.

The March 11-20 opinion survey showed that a sizable minority of Americans made personal changes to how they interact online following the hacking of emails during the 2016 U.S. presidential campaign, which were later published by WikiLeaks and other entities.

Among respondents, 45 percent said they had changed their online passwords since the hacks.

U.S. intelligence agencies believe Russia orchestrated the disclosure of the emails to embarrass the campaign of Democratic presidential nominee Hillary Clinton and help Republican Donald Trump win. The emails also led to the ouster of Democratic National Committee Chairwoman Debbie Wasserman Schultz. Moscow denies the allegations.

Concerns about online security crossed party lines, with 43 percent of Democrats and 40 percent of Republicans saying they had been more cautious about personal email since the election hacking.

“It makes you start to wonder how secure anything is as far as your own privacy,” said Delene Rutledge, 67, a retired teacher in Indiana who participated in the poll. “And yet I’m not the greatest at coming up with great passwords – I’m not sure it would make any difference.”

Despite concerns about digital privacy, only a small percentage of Americans said they had started protecting themselves online in other ways within the past month.

Five percent of adults said they had begun using secure messaging services like Signal, WhatsApp or Wickr.

Some 16 percent said they had placed tape over the camera in their computers to block any unwanted spying, a tactic advocated by Facebook Chief Executive Mark Zuckerberg and FBI Director James Comey.

Twenty-one percent said they had switched off the tracking capabilities of their internet browsers, while 17 percent changed their user ID on social media networks like Facebook or Twitter and 10 percent unplugged smart TVs or other internet-connected devices when not using them.

The Reuters/Ipsos poll was conducted online in English in all 50 states. It included 3,307 American adults and had a credibility interval, a measure of accuracy, of 2 percentage points.

Twitter Unveils ‘Lite’ Service for Emerging Markets

Twitter has unveiled a new, light mobile site aimed at emerging markets where people are still using slower 2G mobile connections.

Twitter Lite, according to the company, will use less data and will be up to 30 percent faster than the full Twitter website.

The service will be rolled out globally, but is primarily aimed at India, Africa and parts of Latin America.

“Twitter Lite provides the key features of Twitter, your timeline, Tweets, Direct Messages, trends, profiles, media uploads, notifications, and more,” Twitter said in a blog post.

Twitter Lite also offers a “data saver mode” that allows a user to see smaller previews of videos and images before they fully load. That could save up to 70 percent on data usage, the company said.

For Android users, Twitter Lite can still deliver push notifications as well as offline support “so you will not be interrupted while using Twitter if you temporarily lose your connection,” the company said.

According to the global mobile phone operators group, GSMA, there were 3.8 smartphone connections globally at the end of 2016.Of those, 45 percent use slower 2G networks.

Twitter is following a trend toward tech companies offering lite versions of their services. Facebook has a lite version for both the main Facebook app and its Messenger app. Microsoft offers a lite version of Skype for users in India.

Unusually Large Swarm of Icebergs Drifts into Shipping Lanes

More than 400 icebergs have drifted into the North Atlantic shipping lanes over the past week in an unusually large swarm for this early in the season, forcing vessels to slow to a crawl or take detours of hundreds of miles.

Experts are attributing it to uncommonly strong counter-clockwise winds that are drawing the icebergs south, and perhaps also global warming, which is accelerating the process by which chunks of the Greenland ice sheet break off and float away.

As of Monday, there were about 450 icebergs near the Grand Banks of Newfoundland, up from 37 a week earlier, according to the U.S. Coast Guard’s International Ice Patrol in New London, Connecticut. Those kinds of numbers are usually not seen until late May or early June. The average for this time of year is about 80.

In the waters close to where the Titanic went down in 1912, the icebergs are forcing ships to take precautions.

Icebergs force detours

Instead of cutting straight across the ocean, trans-Atlantic vessels are taking detours that can add around 400 miles to the trip. That’s a day and a half of added travel time for many large cargo ships.

Close to the Newfoundland coast, cargo ships owned by Oceanex are throttling way back to 3 or 4 knots as they make their way to their homeport in St. John’s, which can add up to a day to the trip, said executive chairman, Capt. Sid Hynes.

 

One ship was pulled out of service for repairs after hitting a chunk of ice, he said.

“It makes everything more expensive,” Hynes said Wednesday. “You’re burning more fuel, it’s taking a longer time, and it’s hard on the equipment.” He called it a “very unusual year.”

‘Extreme ice season’

Coast Guard Cmdr. Gabrielle McGrath, who leads the ice patrol, said she has never seen such a drastic increase in such a short time. Adding to the danger, three icebergs were discovered outside the boundaries of the area the Coast Guard had advised mariners to avoid, she said.

McGrath is predicting a fourth consecutive “extreme ice season” with more than 600 icebergs in the shipping lanes.

Most icebergs entering the North Atlantic have “calved” off the Greenland ice sheet. Michael Mann, director of the Earth System Science Center at Pennsylvania State University, said it is possible climate change is leading to more icebergs in the shipping lanes, but wind patterns are also important.

Ice patrol a success

In 2014, there were 1,546 icebergs in the shipping lanes — the sixth most severe season on record since 1900, according to the patrol. There were 1,165 icebergs in 2015 and 687 in 2016.

The International Ice Patrol was formed after the sinking of the Titanic to monitor iceberg danger in the North Atlantic and warn ships. It conducts reconnaissance flights that are used to produce charts.

 

In 104 years, no ship that has heeded the warnings has struck an iceberg, according to the ice patrol.

 

For ‘B Corporations,’ Real Value in Social Values    

Many companies aim for “Best in Class” status, but some are seeking another “B” — B corporation certification.

Certified B corporations, or “B corps,” address the growing consumer interest in supporting socially and environmentally responsible companies.

B corps are essentially for-profit companies that behave more like nonprofits, tackling global issues such as pollution and income disparity through everyday business practices.

‘Business as a force for good’

“B corporations are companies that are using their business as a force for good,” said Andrew Kassoy, co-founder of B Lab, the nonprofit organization that issues B corp certification. “By having that B corp certification, it makes good easy for the consumer … to know that the company is having a positive impact on society,” he added.

For many companies, doing good may take a back seat to making money. But not for certified B corps.

Multimillion-dollar brands like fashion company Eileen Fisher and ice cream maker Ben & Jerry’s are among businesses certified as B corps.

“In some cases, it’s about the company trying to create more value for its workers, to create opportunity for workers to grow in the economy and have a job with dignity,” Kassoy said.

“In other cases, it might be about creating a product that’s more environmentally sustainable or socially responsible,” he said.

Growing around the globe

B corps are a growing global movement. Brands large and small make up the more than 2,000 certified B corporations, representing 130 different industries in 55 countries.

“Our foreign certifications are outpacing our U.S.-based certifications for the last year,” said Jennifer Warden, B Lab’s global partner manager. “We’ve got partners in 13 different regions — a lot in Latin America, Europe, a lot of momentum now in the Asia Pacific regions and Africa.”

To qualify as a B corp, companies must score at least 80 out of 200 points on an assessment that covers four key areas: corporate governance, employee rights, community outreach and environmental impact. Everything from waste reduction efforts to leadership roles for women and minorities are considered.

“You’re able to measure how you rank in terms of taking care of the community, how you rank in taking care of the environment, how you take care of your customer,” said Sean Cullen, project coordinator at Uncommon Goods, a Brooklyn-based online retailer that is a certified B corp.

Assessments are made every two years. In addition to maintaining a minimum score, certified B corps are also required to revise company bylaws to reflect accountability to workers and customers.

Depending on a company’s size, B corp certification costs $500 to $25,000 annually. For many, the payoff is in being among the best in the business.

Look for the logo

“When you see that certified B Corp logo on different products, you know that you’re getting a good product,” Cullen said.

B Lab maintains a website with a B corporation directory so consumers can look up a company and verify its certification.

“The goal is that one day, all companies will be able to manage and measure their impact with the same rigor as their profits,” Kassoy told VOA.

“And by doing that … all companies will compete to be best for the world, not just best in the world,” he said.

Maryland Teachers Learn to Fight Stress With a Healthier Lifestyle

Teaching is a stressful profession. A 2014 survey found that nearly half of U.S. teachers say they experience a lot of daily stress. That affects their health, well-being, and job satisfaction.

Jayne Donohoe is out to change that, with exercise. The physical education teacher at Gunpowder Elementary School in Baltimore, Maryland, notes that physical activity produces endorphins — chemicals in the brain that act as natural painkillers — and also improves the ability to sleep, which in turn reduces stress.

She organized a Teachers Fitness group at her school, which meets after the day’s classes and offers a variety of exercise classes. 

“Today we’re doing Bodyflow’ which is like a yoga-Pilates-type class. Before that we had a step aerobics class, or we had a Bootcamp,” she said. “We all come from a variety of shapes and sizes and fitness levels. If I can get them to show up, I can usually keep them in here. That’s probably the hardest part because they are tired. I tell them ‘You’re tired. Once you come here and exercise, it’s going to give you energy.’ I started my workday at 7 a.m., so it’s a long day for me, but I know it’s important. So I’m here.”

Watch: Teaching Teachers a Healthier Lifestyle

Keep Teachers Healthy

Many workplaces in the area offer similar programs. But Jenny Ward, spokeswoman for Baltimore County Public schools’ Employee Wellness, says they are especially important for teachers.

“They do have a very specific job during the day and they’re really tied to their classrooms with their students. They don’t have as much free time or flexibility in their day,” she said. “So it’s more difficult for them to schedule physical activity in their day, which is why we offer classes after work. So, as soon as the students left, they can change to their fitness attire and go to the gym with all of their coworkers who participate.”

The program is a big hit. It draws teachers from nearby schools, and they’re not all women.

“We have three men teachers,” Donohoe said. “One was staying today, but when the class got changed to Bodyflow instead of Bootcamp, he decided to go to his gym. The two other teachers are not interested yet. But I’ll get them, don’t you worry!”

Exercise and be happy

Gunpowder Principal Wendy Cunningham has watched attendance rise since Donohoe started the program a year and half ago.

“The teachers are excited to be together, to exercise, to support one another, to be healthy and maintain healthy habits,” she said. “Learning about how to manage stress has been extremely important. That is helping them to be more productive, be more positive in the classroom and have a lot more patience with all students every day,” Cunningham added.

“It’s very important for stress reduction, for just making you feel better about yourself,” Donohoe said.

Participating teachers agree. Third-grade teacher Ashley Schuchardt says being part of this group makes exercising more fun.

“Really, it’s the people,” she said. “They are a great support team. They really help you after a really long day. They help you keep going. I’m not a person who loves exercise, but they really make it fun. So I keep coming back week after week.”

Eating right

Exercise is only one component of Donohoe’s Wellness program. Good nutrition is another. 

“We have a weight loss healthy teachers program that I also organize,” she said. “We meet once a week. I bring in guest speakers on motivation and nutrition. We’ve been doing that since last year. We’ve lost over 300 pounds (136 kg), 18 of us, and you feel better and healthier, and you’re drinking more water and you’re eating better.”

Employee Wellness spokeswoman Jenny Ward is excited about the prospects for the program.

“We’re happy to say we have more teachers and staff participating than we have before,” she said. “But it’s still not high enough. We still have quite a few more staff that we try to get involved in healthy eating, healthy activity, stress management, and all components of wellness.”

Ward hopes to see every school offering on-site fitness classes at the end of the workday — in Baltimore and beyond.

 

Mexico Changes Strategy to Protect Peso

Mexico’s central bank chief said Wednesday the bank altered course on how to protect the peso after a couple of tweets by U.S. President Donald Trump in early January pummeled the currency to near historic lows and wiped out the effect of a $2 billion currency intervention.

The Banco de Mexico in early January had sold dollars to fight off the peso’s nosedive to record lows amid fears the protectionist policy pronouncements of then President-elect Trump could further hammer Latin America’s second-largest economy.

“I’ll say it like this, in simple terms: with two tweets from you know who, the effect [of that intervention] vanished,” Mexican Central Bank chief Agustin Carstens said Wednesday.

“It was precisely then we thought that instead of using hard currency like dollars, it would be better to move to a scheme in which there was the possibility of offering hedges” without having to eat into Mexico’s currency reserves, Carstens added.

Carstens did not specify what tweets he was referring to. But Trump in early January targeted Toyota Motor Corp. and General Motors Co. with the threat of a “big border tax” over cars built in Mexico meant for U.S. consumers.

Since then, Mexico’s central bank has moved from intervening directly in the foreign exchange market through dollar sales by implementing an exchange hedging program for up to $20 billion.

The bank earlier Wednesday sold its entire offer of $200 million in foreign exchange hedges in an auction in which demand far outstripped supply, reflecting appetite for the program aimed at supporting the country’s peso currency.

Carstens said that the peso, which fell to a low of nearly 22 per dollar following the U.S. elections in November but has since recouped most of those losses, is still undervalued and has room to appreciate.

Future interest rate decisions by the U.S. Federal Reserve should not cause further depreciation in the peso, Carstens added.

Regarding monetary policy, Carstens also said that depending on the evolution of inflation expectations, the Banco de Mexico may be able to stop following Fed decisions in tandem.

Asian Growth Seen Steady, US Policy Uncertainty a Risk

Asia’s developing economies will see steady growth this year and the next, though the evolving policies of President Donald Trump’s administration are a major uncertainty, the Asian Development Bank said in a report Thursday.

The Manila, Philippines-based lender forecast growth in developing Asia at 5.7 percent in 2017 — unchanged from its previous forecast — and said that pace would continue into 2018.  

 

It said 30 of the 45 countries covered in the report will see sustained growth that will help offset the gradual slowdown in China, Asia’s biggest economy.

U.S. to gradually raise rates

 

However, the risks include unexpected changes to U.S. government policies in areas such as interest rates. The ADB said the uncertainty could undermine the outlook for the region, which accounts for 60 percent of global economic growth.

 

The U.S. Federal Reserve, which raised its benchmark interest rate in March for the second time in three months, plans to gradually raise rates over the next three years as the economy improves.

 

If those rate increases come more rapidly because of stronger than expected U.S. economic growth, the “sharper than expected monetary tightening could have further consequences for developing Asia,” the ADB said in its Asian Development Outlook.

Trump not mentioned

Economies with high corporate or household debt in particular would be most vulnerable to the shock of higher interest rates, the report said.

 

It said that “possible shifts in trade and tax policies, especially policy changes being discussed in the U.S., could create uncertainty for business, investment and export growth in developing Asia.”

 

The report did not mention Trump by name.

 

Trump accused China of unfair trade practices, such as manipulating its currency. He has threatened to impose punitive tariffs on imports from China. Trade is likely to be a big part of the agenda during meetings between Trump and Chinese President Xi Jinping in Florida on Thursday and Friday.

Positive forecast for India

 

The ADB forecast that China’s economic growth will slow to 6.5 percent this year and 6.2 percent in 2018 from last year’s 6.7 percent, a 30-year low.

 

China is due to release its first quarter GDP figures on April 17.

 

In India, growth will accelerate to 7.4 percent in 2017 and 7.6 percent in 2018, from 7.1 percent last year, as the country rebounds from a one-off demonetization of its highest-value currency bills that “temporarily stymied commerce,” the report said.

Architects: Key to Future Cities Lies in Making the Poor Visible

With 70 percent of the world’s population expected to live in cities by 2050, getting urban planning right is crucial to ensuring future cities are safe, resilient and fair places, particularly for the poorest residents, experts said Wednesday.

As Africa urbanizes, its cities will need 700 million more homes, 310,000 more schools and 85,000 additional health centers by 2050, said Christian Benimana, a Rwandan architect.

“How we set up all this infrastructure has to be carefully thought through,” said Benimana, who works with MASS Design Group, which focuses on architecture that promotes human dignity.

“It can’t be a random thing, in the way we’ve been doing it for 100 years. We have to think seriously. If we don’t, the current situation where economic inequality is blatantly visible will worsen,” Benimana said.

What not to do

Rapidly expanding Lagos, for instance, a megacity of 23 million, would like to “sanitize” itself and look more like Singapore, said Liz Agbor-Tabi, an associate director at 100 Resilient Cities, a Rockefeller Foundation initiative.

But in its efforts to make that happen, authorities in recent months have demolished swathes of waterfront slums, leaving thousands of people homeless.

“When cities approach their desire to develop this way, it undermines … cohesion, ownership, well-being, belonging and communities,” Cameroon-born Agbor-Tabi said during a panel discussion at the Skoll World Forum on Social Entrepreneurship.

Make poor visible

What needs to happen instead, said Sheela Patel, the chairwoman of Slum Dwellers International, is a genuine rethink of planning efforts to ensure the poor are not seen as invisible or simply an obstacle to growth and development.

“The real fault line in cities is the difference between formal and informal,” said Patel, who directs the Mumbai-based charity. 

“The old rules make all informal [settlements and activities] criminal, illegal and unacceptable,” she said.

That makes it very hard to effectively include slums and poor people in plans to spread the use of clean energy or address climate change, for instance, she said.

When “everybody who is poor is invisible,” city data collected is often inaccurate and that means “the chances you’ll get anything right, even in the next century, seems dismal,” she said.

“Engineering, planning and architecture are very far away from looking at the kind of changes that are needed to create equitable cities that are welcoming to all,” she added.

Better urban life for all

Some cities, however, have shown how changing planning to include the poor can fundamentally improve urban life for all.

As Medellin, Colombia’s second largest city, expanded rapidly a decade ago, slums sprung up in the hills above the city, Agbor-Tabi said.

Without effective transport to reach the city center or opportunities to find work, many slum dwellers ended up working instead for cocaine cartels.

More transit, fewer homicides

When city officials tried to turn things around they not only took on the cartels but consulted with slum residents to try to find out how they could better connect them to the city and give them other opportunities.

In time, cable cars and escalators were installed, linking previously separated parts of the city, and facilities from libraries to cultural centers were built in poor areas.

Eventually the city’s once notorious homicide rate collapsed and poverty was on the decline too, Agbor-Tabi said.

Young and ambitious

Benimana, the Rwandan architect, said good design and planning can help avoid the kind of problems Medellin suffered.

“We strongly believe if we curate the design and construction process as architects we can curb hindrances to economic equality, to gender equality,” he said.

The risks are particularly large as more people gain access to the internet, smartphones and a clear view of how people live in other parts of the world.

World Bank President Jim Yong Kim has called this a “convergence of aspirations” as more people demand a middle-class lifestyle.

“Many people are young, they all have smartphones and they have seriously big aspirations,” Patel said. “They are not like their migrant parents, humble and grateful to be fed two times a day, ready to suffer all injustices.”

John Glenn, Former US Astronaut and Senator, to Be Interred in Arlington Cemetery

U.S. astronaut John Glenn, who died in December at age 95, will be buried Thursday in Arlington National Cemetery, a place of honor for members of the U.S. military.

His family and invited guests, including astronauts and dignitaries, will say goodbye to the first American to orbit Earth at a small private service at the Old Post Chapel beginning at 9 a.m.

The U.S. Marine Corps will begin a live stream at 9:40 a.m. (EDT) that will include a processional to the graveside by caisson, a flyover, a graveside service and taps. Streaming video also will be available on NASA TV.

Glenn served as a U.S. senator from Ohio for 24 years and founded the John Glenn College of Public Affairs at Ohio State University.

In Glenn’s honor, President Donald Trump has ordered flags at federal entities and institutions flown at half-staff Thursday, his press secretary tweeted, and Ohio Gov. John Kasich has done the same at public grounds and buildings across Glenn’s home state.

Glenn played a historic part in the U.S. space race, piloting one of the United States’ earliest manned space missions and later, at age 77, returning to space to become the oldest astronaut ever to do so.

Glenn, seen as an all-American hero, has been the subject of heartfelt tributes since his death. After his death December 8, his body lay in state in the Ohio Capitol. He was memorialized in a service at Ohio State University, where his children told mourners that their father repeatedly asked them, “What have you done for your country today?”

Former U.S. Vice President Joe Biden memorialized Glenn at that service by saying, “He knew by his upbringing that ordinary Americans can do extraordinary things.”

Arlington Cemetery, Glenn’s final resting place, is where many American military heroes and statesmen are buried. A national monument to unknown soldiers is located there, to honor soldiers whose wartime deaths could not be documented.

The cemetery sits on a hill in Virginia overlooking the Potomac River, with a clear view of the U.S. Capitol and the Washington Monument.

It is one of the most-visited sites in the Washington area.

Some information for this report from AP.

Germany Threatens Social Media Companies with Massive ‘Hate Speech’ Fines

Germany has threatened to slap social media companies with huge fines if they do not act quickly enough to remove “hate speech” from their websites.

Chancellor Angela Merkel’s cabinet on Wednesday approved a measure that would fine websites like Facebook and Twitter up to $55 million if they do not do enough to censor comments that violate German speech law.

“Hate crimes that are not effectively combatted and prosecuted pose a great danger to the peaceful cohesion of a free, open and democratic society,” said Merkel’s government in a statement.

Germany outright bans any speech that overtly promotes racism or insults a certain segment of the population. It also, due to its Nazi past, bans public Holocaust denial.

The draft legislation would require social media companies to remove any illegal speech within 24 hours of it being flagged by users. Other offensive content would need to be removed within seven days of being reported and reviewed.

The German Federation of Journalists blasted the move and said the legislation would make it “difficult to reconcile freedom of the press and opinion.”

German Justice Minister Heiko Maas said the companies are responsible for policing and removing hateful content from their sites and that “there is no room for criminal incitement on social media.”

“The internet affects the culture of debate and the atmosphere in our society. Verbal radicalization is often a preliminary stage to physical violence,” he added.

The massive flow of refugees into Germany over the past two years has fueled a rise in negative online comments, alarming German authorities. In 2015, the social media companies agreed to step up policing of online hate speech, though Maas said they have not done enough.

Mass cited research that claims Twitter removes just one percent of the illegal content flagged by users within 24 hours, while Facebook removes 39 percent. Facebook rejected Mass’s data, citing its own data that shows it removes about 65 percent of illegal content within a day.

German lawmaker Renate Kuenast called the fines “an invitation to not just erase real insults, but to wipe out almost everything for the sake of playing it safe.”

The bill still needs to be approved by parliament.

Ebay’s Founder Pledges $100 Million to Fight Fake News, Hate Speech

Ebay founder Pierre Omidyar’s philanthropy promised $100 million over the next five years to support journalism and fight fake news, the foundation announced Wednesday.

The International Consortium of Investigative Journalists (ICIJ), which broke the story of the controversial Panama Papers, is the first organization to receive funds from the Omidyar Network – a three-year grant of up to $4.5 million “to expand its investigative reporting”.

“Across the world, we see a worrying resurgence of authoritarian politics that is undermining progress towards a more open and inclusive society,” Matt Bannick, Omidyar Network Managing Partner, said. “A lack of government responsiveness and a growing distrust in institutions, especially the media, are eroding trust. Increasingly, facts are being devalued, misinformation spread, accountability ignored, and channels that give citizens a voice withdrawn.”

Formally announcing the commitment at the Skoll World Forum on social entrepreneurship in Oxford, England, the Omidyar Network has also promised support to the Anti-Defamation League, devoted to fighting anti-Semitism, and the Latin American Alliance for Civic Technology (ALTEC).

Established in 2004 by Pierre Omidyar and his wife Pam, the Omidyar Network supports organizations to foster economic and social change.

Reporting on the Panama Papers revealed secret, so called offshore financial accounts that were hiding assets to avoid tax payments.

Study Says Hitting the Weights, Jumping, Could Help Bone Density

When people think of osteoporosis, they usually think of women, but men can get osteoporosis, too.

Osteoporosis literally means “porous bones.” Normal bones look somewhat like honeycombs. But with osteoporosis, the bones become so thin in places that even a simple stretch can result in a bone fracture.

Risk factors are smoking, drinking, having a family history of osteoporosis, and leading a sedentary lifestyle. 

Two hundred million people have osteoporosis worldwide and that number is expected to shoot up dramatically. The International Osteoporosis Foundation projects that the global incidence of hip fracture will double by 2025, and nearly triple by 2050, when it will affect more than 6 million people.

At least one study says hip fractures will increase in men by 310 percent. Hip fractures in women also are projected to rise by 240 percent.

These fractures can be fatal, so there’s a huge need for preventive strategies. One is exercise, but even active people can have low bone density, which may lead to osteoporosis.

Missourian Dean Hargett bikes more than 160 kilometers a week, but he was shocked to learn it did nothing for his bones. He found out he had low bone density. 

“It alarmed me…I don’t want to have fragile bones,” Hargett said.

A decrease in bone density could lead to osteoporosis. Pam Hinton, an associate professor at the University of Missouri, conducts research on nutrition and physical activity on bone health. She said about one in four men will have an osteoporotic-related fracture in their lifetime.

Over a 12-month period, Hinton studied how resistance and jump-training exercises affected the bone health for men ages 25 to 60. The results showed these exercises did more than just slow the rate of bone loss.

“We actually saw an increase in bone mass with either type of exercise that was a very encouraging and exciting result,” Hinton said.

The exercises decreased the level of sclerostin, a protein that slows bone growth. At the same time, it increased a hormone that promotes bone growth. 

Hargett now knows he has to do more than cycle and swim to strengthen his bones. Weightlifting is now a regular part of his exercise routine. Besides getting the right kind of exercise, getting enough vitamin D and calcium also can keep bones strong.

New Space Telescope to Undergo Crucial Testing

The world’s most advanced space telescope, which NASA plans to launch late next year, is to undergo another important test – this time in a chamber capable of creating deep-space temperatures. VOA’s George Putic reports that being able to function in extremely cold conditions will enable the telescope to go back in time and see how the first planets formed billions of years ago.