Month: October 2018

Twitter Removes Accounts Linked to Alex Jones, Infowars

Twitter has removed some accounts thought to be used to circumvent a ban on conspiracy-monger Alex Jones and Infowars, the company said Tuesday.

A Twitter spokesman confirmed that the accounts had been removed but provided no additional comment. The company says it usually does not discuss specific accounts.

Twitter permanently suspended @realalexjones and @infowars from Twitter and Periscope in early September. It said it based that action in reports of tweets and videos that violated its policy against abusive behavior.

The company said it would continue to evaluate reports regarding other accounts potentially associated with @realalexjones or @infowars and would take action if it finds content that violates its rules or if other accounts are used to try to circumvent their ban.

Other tech companies, including PayPal, YouTube, Apple and Spotify, have limited or banned Jones’ activities on their sites.

Infowars has said the moves are intended to sabotaging the site just weeks before the midterm elections.

On Twitter and elsewhere, Jones has done such things as describe survivors of a shooting in Parkland, Florida, “crisis actors” and saying the mass killing at Sandy Hook Elementary in 2012 was fake. He had about 900,000 followers on Twitter. Infowars had about 430,000.

An Avatar Is Going to Help Police Guard European Borders

A new artificial intelligence program could make land borders across Europe more secure. When a pilot program begins next month, an avatar – called i-Border-Control – will help police guard several border crossings within the 26-nation, European Schengen Area. The technology was introduced this weekend (October 20) at a science festival hosted by Manchester Metropolitan University. VOA’s Mariama Diallo reports.

US Regulator Orders Halt to Self-Driving School Bus Test in Florida

The National Highway Traffic Safety Administration on Monday said it had ordered Transdev North America to immediately stop transporting schoolchildren in Florida in a driverless shuttle as the testing could be putting them at “inappropriate” risk.

The auto safety agency known as NHTSA said in an order issued late Friday that Transdev’s use of its EZ10 Generation II driverless shuttle in the Babcock Ranch community in southwest Florida was “unlawful and in violation of the company’s temporary importation authorization.”

“Innovation must not come at the risk of public safety,” said Deputy NHTSA Administrator Heidi King in a statement.

“Using a non-compliant test vehicle to transport children is irresponsible, inappropriate, and in direct violation of the terms of Transdev’s approved test project.”

In March, NHTSA granted Transdev permission to temporarily import the driverless shuttle for testing and demonstration purposes, but not as a school bus.

The agency said the company had agreed to halt the tests. A spokeswoman for Transdev did not respond to several requests for comment Monday.

Transdev North America is a unit of Transdev, which is controlled by France state-owned investment fund Caisse des Depots et Consignations.

The company in August issued a news release saying it would “operate school shuttle service starting this fall with an autonomous vehicle, the first in the world.”

Transdev said the 12-person shuttle bus would operate from a designated pickup area with a safety attendant on board, would travel at a top speed of 8 miles per hour (13 kph), with the potential to reach speeds of 30 mph (48 kph) once additional infrastructure was completed.

There are numerous low-speed self-driving shuttles being tested in cities around the United States with many others planned.

NHTSA previously said it was moving ahead with plans to revise safety rules that bar fully self-driving cars from the roads without equipment such as steering wheels, pedals and mirrors as the agency works to advance driverless vehicles. The agency has said it opposes proposals to require ‘pre-approving’ self-driving technologies before they are tested.

NHTSA told Transdev that failure to take appropriate action could result in fines, the voiding of the temporary importation authorization or the exportation of the vehicle.

Earlier this month, French utility Veolia agreed to sell its 30 percent stake in Transdev to Germany’s Rethmann Group.

Christie’s Auctioning Hawking’s Items

Several possessions of the late physicist’s Stephen Hawking will be included in an upcoming auction at Christie’s, the famed auction house.

Included among the items belonging to the iconic scientist will be one of his wheelchairs, one of five copies of his Cambridge University Ph.D. thesis “Properties of Expanding Universes,” and a script from one of his appearances on the television show “The Simpsons.”

At age 22, Hawking was diagnosed with amyotrophic lateral sclerosis, or ALS, just as he was beginning his doctoral work at Cambridge.

Thomas Venning, head of books and manuscripts at Christie’s, said Hawking was so despondent over the diagnosis that he “gave up his studies for a time.”

Hawking, however, returned to school, Venning said, and his thesis “was the fruit of his reapplying himself to his scientific work.” Hawking kept his thesis beside him for the rest of his life, according to Venning.

Hawking was one of the few scientists who have reached celebrity status. He is probably best known for his best-selling book “A Brief History of Time” and for his appearances on “The Simpsons.”

His daughter Lucy said the auction gives “admirers of his work the chance to acquire a memento of our father’s extraordinary life in the shape of a small selection of evocative and fascinating items.”

The physicist’s children hope to preserve his scientific archive.

The Associated Press reports that Christie’s is handling negotiations to hand over the archive to British authorities in lieu of inheritance tax.

Hawking’s items will be featured in a science sale that also includes papers by Isaac Newton, Charles Darwin and Albert Einstein.

Hawking’s items will be on display for several days in London, beginning October 30.

Hawking died in March at age 76.

 

 

 

 

Individual Cooling Units Could Save Lives

The World Health Organization is closely watching the Ebola outbreak in Congo where the number of cases has risen to 185 since the outbreak started in August. One of the challenges for health workers fighting highly infectious diseases like Ebola is spending time in HazMat suits. They can be unwieldy and incredibly hot, but new technology could solve one of those problems. VOA’s Kevin Enochs reports.

Foreigners Sold Net $1.1 BLN of Saudi Stocks in Week to Oct 18

Foreigners sold a net 4.01 billion riyal ($1.07 billion) in Saudi stocks in the week ending Oct. 18, exchange data showed on Sunday – one of the biggest selloff since the market opened to direct foreign buying in mid-2015.

The selloff came during a week when investors were rattled by Saudi Arabia’s deteriorating relations with foreign powers following the disappearance of journalist Jamal Khashoggi.

Riyadh said on Saturday that Khashoggi died in a fight inside its Istanbul consulate, its first acknowledgment of his death after denying for two weeks that it was involved in his disappearance.

A breakdown of the data showed foreigners sold 5 billion riyals worth of stocks and bought 991.3 million worth.

The Saudi stock market is down about 4 percent since Khashoggi’s disappeared. The market had started to weaken before the incident as foreign funds slowed their buying after MSCI’s announcement in June that the kingdom will be included in its global emerging market benchmark next year.

As of Sunday, the Saudi index was up 5 percent so far this year, but down 5 percent this quarter.

($1 = 3.7518 riyals)

Typhus Cases Rise in Los Angeles, Several Other US Cities

Typhus, a bacterial infection that is sometimes life threatening, is on the rise in Los Angeles and several other U.S. cities. Public health officials say homelessness is making the problem worse and that the disease, which is associated with poverty and poor sanitation, is making a comeback in the United States.

Los Angeles County has seen 64 cases of typhus this year, compared with 53 at the same point last year and double the typical number, with a six-case cluster among the homeless in L.A. this year. Two cities in the county that have separate counts are also seeing higher numbers: Long Beach with 13 cases, up from five last year, and Pasadena with 20, a more than three-fold increase from 2017.

At a clinic in the L.A. neighborhood called Skid Row, Dr. Lisa Abdishoo of Los Angeles Christian Health Centers is on the lookout for symptoms. 

“It’s a nonspecific fever,” she said, “body aches, sometimes a headache, sometimes a rash.”

This kind of typhus is spread by fleas on rats, opossums, or even pets and is known as murine typhus, from the Latin word for “mouse.”

The risk is higher when people live on the streets in proximity to garbage, but the disease seems to be spreading through the Southern United States.

Not the typhus of WWI

“It’s never been considered a very common disease,” said Peter Hotez, dean of the National School of Tropical Medicine at Baylor College of Medicine in Houston, “but we seem to see it more frequently. And it seems to be extending across from Southern California all along the Mexican border into southeastern Texas and then into the Gulf Coast in Florida.”

Texas had 519 cases last year, said spokeswoman Lara Anton of the Texas Department of State Health Services. That’s more than three times the number in 2010, with clusters in Houston and Galveston. No figures for this year have been released.

This is a separate disease from typhoid fever and is not the epidemic form of typhus that caused hundreds of thousands of deaths in war time. That type, called epidemic typhus, is carried by body lice and often spreads in conflict zones. It led to millions of deaths in World War I alone.

Flea-borne typhus, the kind seen in California and Texas, is serious but often clears up on its own and responds to an antibiotic, Abdishoo said.

“It seems to get better a little faster if you have the treatment,” she said. “But there are cases where people have had more severe complications — it’s rare, but getting meningitis, and even death,” she cautioned.

Migration, urbanization, climate change

The reason for increased typhus numbers is uncertain, but it may be linked to migration, urbanization and climate change, said Hotez, the disease specialist. In some parts of the world, typhus is still linked to war and instability, “in the conflict zones in the Middle East, in North Africa, Central Asia, East Africa, Venezuela, for instance with the political instability there,” he said.

Murine typhus is one of several diseases on the rise in the southern United States, Hotez said. 

“Others include dengue, now emerging in southern Texas and Florida, the Zika virus infection, Chikungunya. We have a huge problem with West Nile virus,” he added, and Chagas disease, a condition usually seen in Latin America.

A report in May from the U.S. Centers for Disease Control and Prevention found that such “vector-borne” diseases, transmitted by ticks, fleas or mosquitoes, more than doubled in the United States between 2004 and 2016.

Hotez says they are on the rise in many industrial nations with crowded cities and pockets of poverty.

Skid Row physician Abdishoo says flea-borne typhus is still uncommon on the streets of Los Angeles, but “it has us all on high alert for this illness that we don’t necessarily think too much about. We want to be vigilant,” she added, “when you see a communicable disease on the rise.”

Officials in Los Angeles say they are working toward housing for the county’s 53,000 homeless residents to relieve conditions that help give rise to typhus and other diseases. Voters approved funding in 2016 and 2017 to finance the efforts.

Public Trust in Vaccines Plummets After Philippines Dengue Crisis

The ability to fight any future outbreaks of disease could be at risk, following a huge loss of public confidence in vaccines in the Philippines. That’s according to a new report from the London School of Hygiene and Tropical Medicine. The drop in trust could also affect the rollout of future vaccination programs, and researchers say the case of the Philippines holds lessons for other countries trying to tackle deadly diseases, as Henry Ridgwell reports.

Immunotherapy Shows Modest Progress Against Breast Cancer

For the first time, one of the new immunotherapy drugs has shown promise against breast cancer in a large study that combined it with chemotherapy to treat an aggressive form of the disease. But the benefit for most women was small, raising questions about whether the treatment is worth its high cost and side effects.

Results were discussed Saturday at a cancer conference in Munich and published by the New England Journal of Medicine. 

Drugs called checkpoint inhibitors have transformed treatment of many types of cancer by removing a chemical brake that keeps the immune system from killing tumor cells. Their discovery recently earned scientists a Nobel Prize. Until now, though, they haven’t proved valuable against breast cancer.

In the study

The new study tested one from Roche called Tecentriq plus chemo versus chemo alone in 902 women with advanced triple-negative breast cancer. About 15 percent of cases are this type, their growth is not fueled by the hormones estrogen or progesterone, or the gene that Herceptin targets, making them hard to treat.

Women in the study who received Tecentriq plus chemo went two months longer on average without their cancer worsening compared with those on chemo alone, a modest benefit. The combo did not significantly improve survival in an early look before long-term follow-up is complete.

Failed protein test

Previous studies found that immunotherapies work best in patients with high levels of a protein that the drugs target, and the plan for the breast cancer study called for analyzing how women fared according to that factor if Tecentriq improved survival overall.

The drug failed that test, but researchers still looked at protein-level results and saw encouraging signs. Women with high levels who received the combo treatment lived roughly 25 months on average versus about 15 months for women given chemo alone.

That’s a big difference, but it will take more time to see if there’s a reliable way to predict benefit, said Dr. Jennifer Litton of the MD Anderson Cancer Center in Houston. She had no role in running the study but enrolled some patients in it and oversees 14 others testing immunotherapies.

“We’re really hopeful that we can identify a group of women who can get a much bigger and longer response,” she said.

Another breast cancer specialist with no role in the study, Dr. Michael Hassett at Dana-Farber Cancer Institute in Boston, said he felt “cautious excitement” that immunotherapy may prove helpful for certain breast cancer patients.

Side effects and cost

Side effects need a close look, both doctors said. Nearly all study participants had typical chemo side effects such as nausea or low blood cell counts, but serious ones were more common with the combo treatment and twice as many women on it stopped treatment for that reason.

Three of the six deaths from side effects in the combo group were blamed on the treatment itself; only one of three such deaths in the chemo group was.

Cost is another concern. Tecentriq is $12,500 a month. The chemo in this study was Celgene’s Abraxane, which costs about $3,000 per dose plus doctor fees for the IV treatments. Older chemo drugs cost less but require patients to use a steroid to prevent allergic reactions that might interfere with the immunotherapy. Abraxane was chosen because it avoids the need for a steroid, said one study leader, Dr. Sylvia Adams of NYU Langone Health.

The study was sponsored by Roche and many study leaders consult or work for the company or own stock in it.

Using Tech to Save World’s Most Endangered Species in Tanzania

In Tanzania, protecting endangered animals has become easier thanks to Earth Ranger. Earth Ranger is not a superhero, it’s a technology platform, developed by Vulcan Inc., a company co-founded by U.S. philanthropist and Microsoft co-founder Paul Allen. The system helps rangers remotely monitor elephants and other animals to stay ahead of poachers. Faiza Elmasry has the story. VOA’s Faith Lapidus narrates.

IMF Reaches Deal with Ukraine on New $4 Billion, 14-Month Loan

The International Monetary Fund announced Friday it had reached an agreement with Ukraine on economic policies that would unlock a new loan deal that will provide nearly $4 billion.

The new 14-month standby loan deal replaces an existing four-year financial aid package agreed in March 2015 and due to expire in five months, the IMF said in a statement.

The agreement must be approved by the IMF board, which will come later in the year after authorities in Kyiv approve a 2019 budget “consistent with IMF staff recommendations and an increase in household gas and heating tariffs,” a step the government had agreed on but never implemented.

But the deal also stresses the need for “continuing to protect low-income households.”

Ukraine Prime Minister Volodymyr Groysman had been seeking the additional financing from the Washington-based lender to help his crisis-hit nation.

Groysman on Friday announced a gas price increase of 23.5 percent to take effect November 1.

He said the “incredible efforts” of Ukrainian negotiators managed to reach a compromise with the IMF and reduce the initial demand to raise prices by 60 percent.

“If we are not able to continue cooperation with our international partners … this could lead to the country being put into default,” he said.

Ukraine has not received any money from the IMF since April 2017, when the fund released $1 billion for the cash-strapped country to repay loans. It had received less than $9 billion of the original $17.5 billion package.

Talks on economic reform measures that would satisfy IMF requirements and allow the release of further aid had been hung up for months, as the fund awaited the government’s approval of a budget, pension reform and an anti-corruption court.

A gas price hike is a sensitive issue for the cash-strapped country as its pro-Western leadership faces presidential and parliamentary elections in 2019.

The IMF said the new loan “will provide an anchor for the authorities’ economic policies during 2019.”

Building on progress under the previous financing package, the loan will “focus in particular on continuing with fiscal consolidation and reducing inflation, as well as reforms to strengthen tax administration, the financial sector and the energy sector,” the IMF said.

An IMF lifeline helped the country to recover from crises sparked by a Russian-backed war in the separatist industrial east that began in April 2014 and has claimed more than 10,000 lives.

The loss of industries in the war zone and flight of foreign investors saw the former Soviet republic’s economy shrink by 17 percent in 2014-2015.

The IMF now forecasts the economy will grow by 3.5 percent this year and 2.7 percent in 2019.

Following the announcement, debt rating agency Standard and Poor’s affirmed the country’s credit score at “B-” with a stable outlook.

“We expect the new arrangement will aid Ukraine’s efforts to cover sizable external debt obligations maturing next year, and also help to anchor macroeconomic policies through the 2019 presidential and parliamentary elections,” S&P said in a statement.

The IMF loan is also likely to unlock credit from other international donors, the ratings agency said.

Financial Watchdog: Regulate Cryptocurrencies Now, Or Else

A global financial body says governments worldwide must establish rules for virtual currencies like bitcoin to stop criminals from using them to launder money or finance terrorism.

The Financial Action Task Force said Friday that from next year it will start assessing whether countries are doing enough to fight criminal use of virtual currencies.

Countries that don’t could risk being effectively put on a “gray list” by the FATF, which can scare away investors.

Marshall Billingslea, an assistant U.S. Treasury secretary who holds the FATF’s rotating leadership, said, “We’ve made clear today that every jurisdiction must establish” virtual currency rules. “It’s no longer optional.”

The FATF described how the Islamic State group and al-Qaida have used virtual currencies.

Financial regulators worldwide have struggled to deal with the rise of electronic alternatives to traditional money.

Former Deputy UK Leader Nick Clegg Takes Post with Facebook

Facebook has hired former U.K. deputy prime minister Nick Clegg to head its global policy and communications teams, enlisting a veteran of European Union politics to help it with increased regulatory scrutiny in the region.

Clegg, 51, will become a vice president of the social media giant, and report to Chief Operating Officer Sheryl Sandberg.

Clegg will be called upon to help Facebook and other Silicon Valley stalwarts grapple with a changing regulatory landscape globally. European Union regulators are interested in reining in mostly American tech giants who they blame for avoiding tax, stifling competition and encroaching on privacy rights.

Clegg led the Liberal Democrats from 2007 to 2015, including five years in the coalition government with the Conservatives. He lost his Sheffield Hallam seat at last year’s general election.

Life in America’s Northernmost Observatory: Tracking Climate Change

An observatory in Barrow, Alaska, part of the National Oceanic and Atmospheric Administration, has become a key scientific instrument in studying climate change. Established in 1973, the Barrow Observatory is staffed year-round by two researchers who measure and track changes in air quality and weather. Natasha Mozgovaya traveled to Barrow, Alaska, now officially called Utqiagvik, its original Inupiaq name, to see what life is like in one of the coldest and snowiest places in the world.

Women-to-Women Business Fund Comes to Britain

A women-to-women investment fund is coming to Britain next month to boost financing for female-owned businesses, its founder said Thursday, as efforts grow to close the gender investing gap.

SheEO has lent more than $2 million to 32 female social entrepreneurs in the United States, Canada and New Zealand to grow their businesses since 2015 in an attempt to address a global gender investment gap.

“Most of the people writing checks and investing are men,” founder Vicki Saunders told the Thomson Reuters Foundation. “SheEO wants to fund female innovators with great ideas to create stronger communities and a better world.”

Support for female entrepreneurs

It is the latest venture to support female entrepreneurs around the world, who often face more obstacles than men, including a lack of access to finance, business networks, international markets and role models.

Three out of 10 U.S. businesses are owned by women but they only receive $1 in investment for every $23 that goes to male-led businesses, the Senate Small Business and Entrepreneurship Committee found in 2014.

A Goldman Sachs-World Bank Group partnership to provide capital to women entrepreneurs in emerging markets reached $1 billion in investments in May.

How it works

SheEO brings together 500 women each year who contribute $1,100 each, which they pool and lend, interest-free, to five women-led businesses of their choice.

The loans are paid back over five years and then loaned out again, creating a perpetual fund that SheEO hopes will grow to $1 billion, with 1 million investors supporting 10,000 women-led ventures.

More than 300 women in Britain wrote to SheEO asking it to launch there, Saunders said ahead of a visit to London where she hopes that 500 female investors will come on board.

Workplace gender equality is in the spotlight in Britain, where just 6 percent of the biggest publicly listed companies are headed by women and pay disparities were revealed at major institutions last year.

Twenty One Toys founder Ilana Ben-Ari, one of the first to get SheEO funding in 2015, said it changed her business, enabling her to push ahead with production and hire staff to help with a stressful workload. Her revenue has now doubled.

“It was easy to get my foot in the door and have a meeting but it was near impossible to have a serious conversation about my business,” she said, describing her efforts to get financing from venture capitalists. “Halfway through that meeting you find out — this isn’t a meeting, this is a date.”

Wet and Mild: Warm Winter Predicted for Much of US

Winter looks wet and especially mild for much of the country, thanks to a weak El Nino brewing, U.S. meteorologists said.

The National Weather Service on Thursday predicted a warmer than normal winter for the northern and western three-quarters of the nation. The greatest chance for warmer than normal winter weather is in Alaska, the Pacific Northwest, Montana, northern Wyoming and western North Dakota.

No place in the United States is expected to be colder than normal, said Mike Halpert, deputy director of the government’s Climate Prediction Center.

The Southeast, Ohio Valley and mid-Atlantic can go any which way on temperature, Halpert said.

Overall the winter looks a lot like the last few, Halpert said.

“The country as a whole has been quite mild since 2014-2015,” Halpert said.

Winter weather expert Judah Cohen, of the private company Atmospheric and Environmental Research, uses different indicators to predict winter for the National Science Foundation. He also forecasted a warm winter, heavily based on weak snowfall in Siberia.

Precipitation 

Halpert said the southern one-third of the United States and much of the East Coast could be hunkering down for a wetter than normal December through January. The chances are highest in southeastern Georgia and much of northern and central Florida.

Hawaii, Montana, Michigan, parts of Idaho, Wisconsin, northern Illinois, Indiana and Ohio are forecast to be drier than normal, with the biggest likelihood in Hawaii, Montana and Michigan.

The middle belt of the nation and some of the north from California to New York can go any which way on precipitation.

The weather service’s forecast doesn’t look at snow likelihood.

El Nino

Halpert said the biggest factor in the forecast is a likely El Nino , the natural warming of parts of the central Pacific Ocean that influences weather worldwide.

The El Nino hasn’t quite formed yet, but it’s almost warm enough. Meteorologists predict there’s a 75 percent chance it’ll be around this winter. But it will be weak, not strong like the El Nino that helped lead to the record warm 2015-2016 winter, Halpert said.

Background warming

While El Nino is the biggest factor in the forecast, long-term warming from human-caused climate change is a factor, too, Halpert said.

“All things being equal, the slight kick we get out of the climate signal does tilt things toward the warm side,” Halpert said.

But it’s not enough to outweigh other factors if they push toward cold.

“Even on a warming planet,” he said, “it doesn’t mean winter goes away and it’s never cold again.” 

Data Project Aims to Stop Human Trafficking Before It Occurs

Computer giant IBM Corp., financial services company Western Union

Co. and European police launched a project Thursday to share financial data that  they said may one day be able to predict human trafficking before it occurs.

The shared data hub will collect information on money moving around the world and compare it with known ways that traffickers move their illicit gains, highlighting red flags signaling potential trafficking, organizers said.

“We will build and aggregate that material, using IBM tools, into an understanding of hot spots and routes and trends,” said Neil Giles, a director at global anti-slavery group Stop the Traffik, which is participating in the project.

Data collection, digital tools and modern technology are the latest weapons in the fight against human trafficking, estimated to be a $150 billion-a-year global business, according to the International Labor Organization.

The U.N. has set a goal of 2030 for ending forced labor and modern slavery worldwide, with more than 40 million people estimated to be enslaved around the world.

Certain patterns and suspicious activity might trigger a block of a transaction or an investigation into possible forced labor or sex slavery, organizers said.

The project will utilize IBM’s internet cloud services as well as artificial intelligence and machine learning to compare data and to spot specific trafficking terms, said Sophia Tu, director of IBM Corporate Citizenship.

With a large volume of high-quality data, the hub one day may predict trafficking before it happens, she told the Thomson Reuters Foundation.

“You can’t do it today because we’re in the process of building out that amount of data and those capabilities, but it’s in the road map for what we want to do,” she said.

While law enforcement is teaming up with banks and data specialists to chase trafficking, experts have cautioned that it can be a cat-and-mouse game in which traffickers quickly move on to new tactics to elude capture.

Also, less than 1 percent of the estimated $1.5 trillion-plus laundered by criminals worldwide each year through the financial system is frozen or confiscated, according to the U.N. Office on Drugs and Crime.

Along with IBM and Western Union, participants include Europol, Europe’s law enforcement agency; telecommunications giant Liberty Global; and British banks Barclays and Lloyds, organizers said.

US Stocks Slide on Saudi Arabia, Italy Concerns

U.S. stocks fell more than 1 percent on Thursday as the European Commission issued a warning regarding Italy’s budget and concerns mounted about the possibility of strained relations between the United States and

Saudi Arabia.

S&P 500 technology stocks fell more than 2 percent, as did the tech-heavy Nasdaq.

Wall Street’s major indexes pared early losses in morning trading but reversed course to fall further as European markets closed. Italian bond yields jumped after the European Commission deemed the country’s 2019 budget draft to be in breach of EU rules.

U.S. stocks declined further after U.S. Treasury Secretary Steven Mnuchin pulled out of an investor conference in Saudi Arabia as the White House awaited the outcome of investigations into the disappearance of Saudi journalist Jamal Khashoggi.

“It’s a function of a lot of things coalescing into a concern,” said Mark Luschini, chief investment strategist at Janney Montgomery Scott in Pittsburgh. “The market continues to struggle in the aftermath of the bigger drawdown a week ago.”

Mnuchin’s decision sparked worries of potential strain in U.S.-Saudi relations, especially if Saudi leaders were found to have been involved in Khashoggi’s disappearance. Investors raised concern that if Saudi Arabia were sanctioned, it could restrict oil supply, prompting a rise in energy prices.

Shares of military contractors such as Lockheed Martin Corp. and Raytheon Co. also fell on concerns that U.S. lawmakers may block arms deals with Saudi Arabia.

U.S. stocks had opened lower as weak earnings reports from companies such as Cessna business jet maker Textron Inc. and equipment rental company United Rentals Inc. raised concerns about the impact of tariffs, climbing borrowing costs and rising wages on corporate profits.

Textron shares fell 10.8 percent and United Rentals shares sank 14.7 percent, while Sealed Air Corp. shares slid 8.7 percent after the packaging company cut its full-year profit outlook because of higher raw material and freight costs.

Worries about rising interest rates following Wednesday’s release of the Federal Open Market Committee’s minutes from its September meeting also pressured U.S. stocks.

“The market is coming to grips with the reality that the Fed may make financial conditions a little tighter than they originally thought,” said Paul Zemsky, chief investment officer of multi-asset strategies and solutions at Voya Investment Management in New York.

The Dow Jones industrial average fell 417.17 points, or 1.62 percent, to 25,289.51; the S&P 500 lost 47.59 points, or 1.69 percent, to 2,761.62; and the Nasdaq composite dropped 168.31 points, or 2.2 percent, to 7,474.39.

Among the few bright spots was Philip Morris International Inc., which rose 3.4 percent after the Marlboro cigarette maker topped analysts’ estimates for quarterly profit and sales.

Declining issues outnumbered advancing ones on the NYSE by a

3.72-to-1 ratio; on Nasdaq, a 3.43-to-1 ratio favored decliners.

In Toothy Prequel, Piranha-Like Fish Menaced Jurassic Seas

You can call it a prehistoric prequel.

Scientists said on Thursday they have unearthed in southern Germany the fossil of a fish that, with its mouth full of razor-sharp teeth, strongly resembled today’s piranhas, the stars of more than their fair share of Hollywood horror films. But this one lived during the Jurassic Period 152 million years ago.

Named Piranhamesodon pinnatomus, it is the earliest known example of a bony fish — as opposed to cartilaginous fish like sharks — able to slice flesh rather than simply swallowing prey, enabling it to attack victims larger than itself as piranhas can.

Piranhamesodon, about 3-1/2 inches (9 cm) long, lived in the sponge and coral reefs of the Solnhofen archipelago, a shallow tropical sea in what is now Bavaria. Piranhas are freshwater fish that inhabit rivers and lakes in South America.

Piranhamesodon was small, but its mouth was worthy of a scary movie. It boasted long, pointed, dagger-like teeth along the outer edge of its upper jaw and at the front of its lower jaw. It also had triangular teeth with serrated cutting edges on the side of its lower jaw.

“We were stunned that this fish had teeth which are capable of slicing flesh. It comes from a group of fishes, the pycnodontids, that are famous for their crushing teeth,” said paleontologist Martina Kölbl-Ebert of the Jura-Museum Eichstätt in Germany, who led the research published in the journal Current Biology.

“It is like finding a sheep with a snarl like a wolf,” Kölbl-Ebert added.

The fossil came from the same Bavarian limestone deposits as Archaeopteryx, the earliest-known bird.

“From the same quarry, we also have a number of other fish which may have been the victims of Piranhamesodon. They show injuries to their fins and fin bases, some freshly wounded before they died and got fossilized, whereas others show completely healed injuries with regeneration of the fin,” Kölbl-Ebert said.

While it shares traits with piranhas, Piranhamesodon was neither their long-ago ancestor nor related to them at all. The oldest-known piranhas lived around 15 million years ago.

Piranhamesodon is an example of a phenomenon called convergent evolution in which organisms independently acquire similar characteristics as a result of adapting to similar ecological niches or environments.

“The new fish is a most interesting example of convergent evolution, evolving — for bony fish then — a completely new way of life,” Kölbl-Ebert said.

Russian Firms Test Non-Dollar Deals to Sidestep US Sanctions

Several major Russian companies are exploring ways to do deals abroad without using dollars, spurred on by a U.S. threat to broaden sanctions that have impeded access of some Russian firms to the international banking system.

The Kremlin has been pushing companies to conduct more deals using other currencies to reduce reliance on the dollar.

Russian Alrosa, the world’s biggest producer of rough diamonds in carat terms, said it had completed a pilot deal with a Chinese client using yuan in the summer and another non-dollar transaction with an Indian client.

Other companies working on similar transactions include energy firm Surgutneftegaz, agricultural company Rusagro and miner Norilsk Nickel.

Russia’s central bank said this week the amount of non-dollar dealings was growing, with the share of rouble settlements in the Russia-China and Russia-India goods trade now between 10 and 20 percent.

The share was higher in the service industry, it added.

But there are limits to how much business can be shifted.

Major companies still rely heavily on dollar deals and most of Russia’s foreign earnings come from oil sales priced in dollars.

In addition, foreign banks with major U.S. activities may still be wary of business with any entity under U.S. sanctions even if transactions are not in dollars, bankers say.

The United States and its allies imposed sanctions on Russia in 2014 over Moscow’s annexation of Crimea. Washington said in August more measures could follow, after accusing Moscow of using a nerve agent against a former Russian agent and his daughter in Britain.

The new steps, which could be announced in November, may target dollar dealings, U.S. lawmakers have said.

Speed helps

One challenge facing companies dealing in the rouble is the Russian currency’s volatility. Between April 6 and 11, after Washington imposed sanctions on Russian billionaire Oleg Deripaska and some of his companies, the rouble lost almost 13 percent of its value against the dollar.

Alrosa said it avoided the fluctuation risk by completing the Chinese deal in a day. U.S. dollar deals tend to take longer due to associated compliance checks required.

“An increase in the speed of operations is an advantage in such an operation,” the company said in an emailed statement.

Alrosa did not give a value for its China and India deals but said the Chinese buyer had bought a lot at its auction of diamonds of 10.8 carats or larger in Hong Kong. Alrosa data indicates that its lots are on average worth about $100,000.

Alrosa said the banker for its Chinese deal was Shanghai office of VTB, Russia’s second-largest bank. An industry source, asking not to be named, said Russia’s biggest bank lender Sberbank worked on the Indian deal.

VTB and Sberbank declined to comment.

The Chinese client settled its purchase in yuan, which VTB converted into roubles and transferred to Alrosa.

“We carried out the transaction itself in one day, in several hours,” Alrosa said, adding that on this occasion the currency move was in the client’s favor.

No currency hedging was required because of the speed of the deal, the company said, but the client had to open an account in VTB’s branch in Shanghai to complete the transaction.

Alrosa said it was also considering settlement for future deals in Hong Kong dollars, adding that other Chinese clients had shown interest in non-dollar transactions.

Non-dollar limits

But there are limits on how much of Alrosa’s business can switch to other currencies. China accounts for just 4 percent of its sales, while India accounts for 17 percent.

Among initiatives by other Russian firms, Surgutneftegaz has been pushing buyers to agree to pay for oil in euros instead of dollars, Reuters reported in September.

Russian farming conglomerate Rusagro told Reuters that some of its trading operations were in yuan and said this would increase with the expansion of business with China.

Russian nickel and palladium producer Norilsk Nickel said it was discussing the option of rouble payments with foreign customers which have rouble revenue, although it said it had not secured deals under those terms.