Republicans Say Little About Obamacare Ruling

Republican lawmakers have been mostly silent on Friday’s court ruling that the Affordable Care Act, known commonly as Obamacare, is unconstitutional. Democrats, however, have said they’ll hold the GOP to its commitment to retain popular provisions of the law, such as guaranteed coverage for those with pre-existing health conditions. 

“The GOP spent all last year pretending to support people with pre-existing conditions while quietly trying to remove that support in the courts,” Senate Democratic leader Chuck Schumer of New York said in a tweet Saturday. “Next year, we will force votes to expose their lies.” 

U.S. Rep. Nancy Pelosi, a California Democrat who will assume the speaker’s role next year, said the House “will move swiftly to formally intervene in the appeals process to uphold the lifesaving protections for people with pre-existing conditions and reject Republicans’ effort to destroy” the law. 

U.S. District Judge Reed O’Connor in Texas ruled Friday that a change in tax law last year eliminating a penalty for not having health insurance invalidated the entire ACA. The decision is expected to be appealed to the U.S. Supreme Court, and the ACA will remain the law during the appeal.  

U.S. President Donald Trump had promised during his presidential campaign to dismantle the ACA, a program that made affordable health insurance available to millions of Americans.  

‘Great news’

The president took to Twitter Friday night:  “Wow, but not surprisingly, ObamaCare was just ruled UNCONSTITUTIONAL by a highly respected judge in Texas. Great news for America!” 

White House spokeswoman Sarah Huckabee Sanders said the judge’s decision “vindicates President Trump’s position that Obamacare is unconstitutional. Once again, the President calls on Congress to replace Obamacare and act to protect people with pre-existing conditions and provide Americans with quality, affordable health care.”  

Americans with pre-existing conditions, before ACA, faced either high premiums or an inability to access health insurance at all.  

Schumer said in a statement Friday that the ruling “seems to be based on faulty legal reasoning, and hopefully it will be overturned. Americans who care about working families must do all they can to prevent this district court ruling from becoming law.”   

“Today’s misguided ruling will not deter us,” California Attorney General Xavier Becerra, the leader of an alliance of states opposing the lawsuit, said in a statement Friday.  “Our coalition will continue to fight in court for the health and well-being for all Americans.”  

New law unlikely for now

Some legal observers believe Congress is unlikely to pass a new law while the case is in the courts. Many senior Republican lawmakers have said they did not plan to also strike down provisions such as pre-existing condition coverage when they repealed the law’s fines for people who can afford coverage but remain uninsured. 

If the case reaches the Supreme Court, it would be the third time the high court considers a challenge to ACA provisions. The law’s opponents lost the first two cases. 

Polls have regularly shown wide public support for the guarantee of health insurance coverage regardless of pre-existing health conditions, an issue Democrats successfully leveraged in last month’s midterm elections to win control of the House of Representatives.

Facebook Flaw May Have Exposed Private Photos

Facebook says a software flaw may have exposed private photos of nearly 7 million users, the latest in a series of privacy issues facing the social media company.

Facebook said Friday that the photo glitch gave about 1,500 software apps unauthorized access to private photos for 12 days in September. 

“We’re sorry this happened,” Facebook said in a blog. It said it would notify users whose photos might have been affected.

Irish regulator  to investigate

The software flaw affected users who gave third-party applications permission to access their photos. Facebook usually allows the apps to access only photos shared on a user’s timeline. However, the glitch would have allowed the apps to see additional photos, including those on Marketplace and Facebook Stories, as well as ones uploaded but not shared. 

It is not known whether any of the photos were actually accessed. 

The lead regulator of Facebook in the European Union, the Irish Data Protection Commissioner (DPC), said it was investigating the situation to determine whether the company complied with strict new EU privacy rules.

While Facebook says the bug has been fixed, the revelation brought new scrutiny to a company that has faced a series of security and privacy breaches. 

Earlier issues

Earlier this year, Facebook acknowledged that a political consultancy firm, Cambridge Analytica, gained access to the personal data from millions of user profiles. 

In September, the company said it discovered a security breach affecting about 50 million user accounts that could have allowed hackers to access the accounts. The company said hackers exploited the “View As” feature, which lets users see how their own profiles would look to other people. 

Facebook has also come under criticism for fake political ads posted on its site from Russia and other countries. 

The company has more than 2 billion users worldwide.

Stocks Plunge to 8-month Lows on Growth Fears; J&J Nosedives

Stocks staggered to eight-month lows Friday after weak economic data from China and Europe set off more worries about the global economy. Mounting tensions in Europe over Britain’s impeding departure from the European Union also darkened traders’ moods.

The Dow Jones Industrial Average dropped as much as 563 points. On the benchmark S&P 500 index, health care and technology companies absorbed the worst losses. Johnson & Johnson plunged by the most in 16 years after Reuters reported that the company has known since the 1970s that its talc Baby Powder sometimes contained carcinogenic asbestos. The company denied the report.

China said industrial output and retail sales both slowed in November. That could be another sign that China’s trade dispute with the U.S. and tighter lending conditions are chilling its economy, which is the second-largest in the world. Meanwhile, purchasing managers in Europe signaled that economic growth was slipping.

Running out of steam?

Sameer Samana, senior global market strategist for Wells Fargo Investment Institute, said investors are concerned that weakness will make it way to the U.S. They’re wondering if the U.S. economy is likely to run out of steam sooner than they had thought.

“Market consensus has been that the next recession is probably in 2020 or beyond,” he said. Now, he said, the market is “really testing that assumption and trying to figure out whether it’s sooner.”

The S&P 500 index lost 50.59 points, or 1.9 percent, to 2,599.95, its lowest close since April 2. The Dow retreated 496.87 points, or 2 percent, to 24,100.51.

The Nasdaq composite slid 159.67 points, or 2.3 percent, to 6,910.66. The Russell 2000 index of smaller-company stocks fell 21.89 points, or 1.5 percent, to 1,410.81.

December is typically the best month of the year for stocks and Wall Street usually looks forward to a “Santa Claus rally” that adds to the year’s gains. With 10 trading days left this month, however, the S&P 500 is down 5.8 percent. That followed a small gain in November and a steep 6.9 percent drop in October. 

Market value falls

Johnson & Johnson dropped 10 percent to $133 in very heavy trading. Its market value fell by $40 billion.

Reuters reported that court documents and test results show Johnson & Johnson has known for decades that its raw talc and finished Baby Powder sometimes contained asbestos, but that the company didn’t inform regulators or the public. The company called the story “false and inflammatory.”

In July the company lost a lawsuit from plaintiffs who argued that its products were linked to cases of ovarian cancer and mesothelioma. A St. Louis jury awarded plaintiffs $4.7 billion. Johnson & Johnson faces thousands of other lawsuits. 

For more than 20 years, China has been one of the biggest contributors to growth in the global economy, and when investors see signs the Chinese economy is weakening, they expect it will affect other countries like the U.S. that sell things to China. 

Protests hurt France

In Europe, the index of purchase managers fell in France, which is racked by protests, to a level that points toward economic contraction. Germany’s reading still pointed to growth, but it fell to its lowest level in four years.

Those reports canceled out some potential good news on trade: the Chinese government announced a 90-day suspension of tariff increases on U.S. cars, trucks and auto imports. It’s part of a cease-fire that China and the U.S. announced earlier this month to give them time to work on other issues.

Among technology companies, Apple dipped 3.2 percent to $165.48. Adobe skidded 7.3 percent to $230 after its fourth-quarter profit disappointed investors and it also forecast lower-than-expected earnings in the current fiscal year. Industrial companies sank as well. Boeing lost 2.1 percent to $318.75.

Oil prices again turned lower, as a slower global economy would weaken demand for oil and other fuels. Benchmark U.S. crude fell 2.6 percent to $51.20 a barrel in New York. Brent crude, used to price international oils, dropped 1.9 percent to settle at $60.28 a barrel in London.

European Union leaders rejected British Prime Minister Theresa May’s request to make changes to their deal covering Britain’s departure from the EU on March 29. British legislators aren’t satisfied with the terms May negotiated, and she canceled a scheduled vote earlier this week because it was clear Parliament wouldn’t approve it. Britain’s economy and financial markets across Europe face severe disruption without an agreement.

European bonds slide

European bond prices rose and yields fell. Both the British pound and the euro weakened. The pound slipped to $1.2579 from $1.2660 and the euro fell to $1.1303 from $1.1367.

Germany’s DAX declined 0.5 percent and the CAC 40 in France declined 0.8 percent. Britain’s FTSE 100 fell 0.5 percent.

Japan’s Nikkei 225 index slid 2 percent and the Kospi in South Korea lost 1.3 percent. Hong Kong’s Hang Seng was down 1.6 percent. 

Bond prices edged higher. The yield on the 10-year Treasury note fell to 2.89 percent 2.90 percent.

In other commodities trading, wholesale gasoline lost 3 percent to $1.43 a gallon. Heating oil fell 1.7 percent to $1.85 a gallon and natural gas dropped 7.2 percent to $3.83 per 1,000 cubic feet.

Gold fell 0.5 percent to $1,241.40 an ounce. Silver dipped 1.5 percent to $14.64 an ounce. Copper was little changed at $2.77 a pound.

The dollar fell to 113.29 yen from 113.60 yen.

Johnson & Johnson’s Stock Falls After Report on Asbestos in Baby Powder 

Johnson & Johnson saw its stocks suffer their biggest drop in 16 years, following a media report that alleged the company concealed for decades that trace amounts of asbestos was in its baby powder. 

Shares of the U.S. pharmaceutical and cosmetics group fell 9 percent Friday, wiping out tens of billions of dollars from the company’s market capitalization.

Linked to ovarian cancer

The report Friday, by Reuters news service, cited documents released as part of a lawsuit by plaintiffs claiming that Johnson & Johnson’s baby powder can be linked to ovarian cancer.

It said that the company’s executives knew the baby powder contained trace amounts of asbestos, from as early as 1971, but deliberately chose not to make the information public.

The Reuters report also alleged that Johnson & Johnson tried, unsuccessfully, to stop regulators from lowering the maximum level of asbestos allowed in talc-based cosmetics.

Report is strongly denied

Johnson & Johnson strongly denied the report Friday, calling it “one-sided, false and inflammatory.”

“Simply put, the Reuters story is an absurd conspiracy theory,” the company said in a statement. “Johnson & Johnson’s baby powder is safe and asbestos-free.”

The controversy has long dogged the company, which has been battling more than 10,000 cases claiming its Baby Powder and Shower to Shower products cause ovarian cancer.

Investors worry the lawsuits will cost the company billions of dollars in damages and loss of future sales of Johnson & Johnson products.  

Nigerian Governor: Buhari Says Economy in ‘Bad Shape’

Nigeria’s President Muhammadu Buhari said the country’s economy was in “bad shape,” the governor of a northwestern state told reporters Friday after a meeting with governors from across the country. 

Buhari will seek a second term in an election to be held in February in which the economy is likely to be a campaign issue. 

Africa’s top oil producer last year emerged from its first recession in 25 years, caused by low crude prices, but growth remains sluggish. 

“Mr. President, as usual, responded by telling us that the economy is in a bad shape and we have to come together and think and rethink on the way forward,” Abdulaziz Yari, who chairs the Nigeria Governors’ Forum, told reporters when asked how Buhari answered requests for a bailout to some states. 

“Mr. President talked to us in the manner that we have a task ahead of us. So, we should tighten our belts and see how we can put the Nigerian economy in the right direction,” said Yari, governor of Zamfara state. He spoke to journalists in the capital, Abuja. 

The main opposition candidate, businessman and former Vice President Atiku Abubakar, has criticized Buhari’s handling of the economy and said that, if elected, he would aim to double the size of the economy to $900 billion by 2025. 

Nigeria’s economy grew by 1.81 percent in the third quarter of this year, the statistics office said Monday. And on Friday, it said consumer prices had risen 11.28 percent in November compared with a year ago. 

‘Young Miracle:’ Baby Recovers from Ebola in Congo Outbreak

They call her the “young miracle.” A baby who was admitted to an Ebola treatment center just six days after birth has now recovered from the virus.

Congo’s health ministry calls the baby the youngest survivor in what is now the world’s second-deadliest Ebola outbreak.

The ministry late Thursday tweeted a photo of the infant, swaddled and with her tiny mouth open in yawn or squall, surrounded by caregivers who watched over her 24 hours a day for weeks.

The baby’s mother, who had Ebola, died in childbirth, the ministry said.

The infant was discharged Wednesday from the treatment center in Beni. “She went home in the arms of her father and her aunt,” the ministry said.

Experts have reported high numbers of children with Ebola in this outbreak, which Congo’s health ministry says has 515 cases, 467 of them confirmed, including 255 confirmed deaths.

The tiny survivor is named Benedicte. In video footage shared by UNICEF, she is shown in an isolated treatment area, cradled in the arms of health workers in protective gear or cuddled by Ebola survivors, called “nounous,” who can go without certain gear such as masks. The survivors are crucial with their reassuring presence, the health ministry said.

“This is my first child,” her father, Thomas, said. “I truly don’t want to lose her. She is my hope.” He gazed at his daughter through the clear protective plastic.

Infected children

Children now account for more than one-third of all cases in this outbreak, UNICEF said earlier this week. One in 10 Ebola cases is in a child under 5 years old, it said, and children who contract the hemorrhagic fever are at greater risk of dying than adults.

While Ebola typically infects adults, as they are most likely to be exposed to the lethal virus, children have been known in some instances to catch the disease when they act as caregivers.

Few cases of Ebola in babies have historically been reported, but experts suspect transmission might happen via breast milk or close contact with infected parents. Ebola is typically spread by infected bodily fluids.

The World Health Organization also has noted that health centers have been identified as a source of Ebola transmission in this outbreak, with injections of medications “a notable cause.”

Dangerous conditions

So far, more than 400 children have been left orphaned or unaccompanied in this outbreak as patients can spend weeks in treatment centers, UNICEF said. A kindergarten has opened next to one treatment center in Beni “to assist the youngest children whose parents are isolated” there, it said.

Health experts have said this Ebola outbreak, the 10th in Congo, is like no other as they face the threat of attack from armed groups and resistance from a wary population in a region that had never faced an Ebola outbreak before. Tracking suspected contacts of Ebola victims remains a challenge in areas controlled by rebels.

The latest WHO assessment, released Thursday, simply calls the circumstances “unforgiving.”

And now, Congo is set to hold a presidential election Dec. 23, with unrest already brewing.

Urgency of Climate Talks Seen in Coal Plants, Ice

As politicians haggle at a U.N. climate conference in Poland over ways to limit global warming, the industries and machines powering our modern world keep spewing their pollution into the air and water.

The fossil fuels extracted from beneath the Earth’s crust — coal, oil and gas — are transformed into the carbon dioxide that is now heating the planet faster than scientists had expected even a few years ago.

The devastating wildfires, droughts, floods and hurricanes of recent months and years are intensifying the urgency of the two-week conference in Katowice, which is due to end Friday.

But not far from the conference center, plumes of smoke rise from Europe’s largest lignite, or brown coal, power plant, in the central Polish town of Belchatow. Of the 50 most polluted cities in the European Union, 36 are in Poland.

IN PHOTOS: The Urgency of Climate Talks 

Elsewhere, from the U.S. to Japan and China, the coal plants, oil refineries and other installations needed to power factories and heat homes are playing their role in a warming Earth.

The negotiators at the international talks are also discussing financial support to poor countries, which are bearing the brunt of drought and flooding, which translate often into agricultural disaster and famine and are a factor behind greater migration.

The challenge of reducing emissions is made more difficult by the growing demand in the developing world for fuel as people there also seek to achieve the benefits and comforts of the industrialized world.

In Africa and Asia, which have become dumping grounds for the rich world’s waste, it is now common to see poor people scavenging for scraps of paper and other recyclable materials at garbage dumps, competing sometimes with crows or storks.

Fumes from cars are also playing their role in poisoning the air in many cities, from Jakarta and Katmandu to Moscow to Brussels.

Environmentalists in Katowice are warning that time is running out to prevent ecological disaster, a message also being taken up by artists.

In London, 24 large blocks of glacial ice from the waters surrounding Greenland have been placed in front of the Tate Modern and six at other city locations. Danish-Icelandic artist Olafur Eliasson hopes his installation, called “Ice Watch” and launched Tuesday to coincide with the climate conference in Katowice, will impact people emotionally and inspire urgent public action.

The installation will be on show until the ice melts.

New Midwives, Some Male, Want to Reduce Maternal Mortality in South Sudan

More than 60 people graduated in Juba this week with diplomas in midwifery and nursing. Their goal?  To reduce South Sudan’s high rate of maternal mortality.

Eight men were among the 66 graduates of the Kajo Keji Health Science Institute — an unusual occurrence in South Sudan, where midwifery is associated almost exclusively with women.

Samuel Ladu Morish, 26, says he felt he could no longer sit by and watch young women die because of childbirth.

“A lot of mothers are dying so [for] me particularly it pains me. That is why I felt I have to do that course, to try my level best to stop maternal mortality rate in South Sudan,” Morish told VOA’s South Sudan in Focus.

Twenty-one-year-old Leju Henry, another male graduate, said he’s been asked many times why he decided to pursue a course in midwifery. Like Morish, Henry said he wants to help South Sudanese women, especially those who suffer complications in child labor.

“Most people think midwifery is a job for females only, but that is not the truth. … the definition of midwifery [is] that a midwife simply means someone who assists in child above all, but not necessarily means a fellow woman,” Henry said.

According to figures published by the World Health Organization in 2017, South Sudan has one of the highest maternal mortality rates in the world — 789 women per 100,000 live births.

The rate has actually fallen in recent years, a trend that Makur Koriom, the undersecretary of South Sudan’s Ministry of Health, attributes to increased training of midwives and nurses.

He says South Sudan has added more than 800 midwives and nurses since 2010.

“We believe that’s important, because to address the current health challenges, investing in human resource is very important. But, of course, investment at [the] secondary level without concurrent development at the community level also will not yield [good results], because most of the issues happen at the community level,” Koriom told VOA.

Geminid Meteor Shower, Comet to Put on Shows

Most years, December offers up a spectacular light show in the skies, known to astronomy enthusiasts as the Geminid meteor shower.

This year, the celestial show is set to peak overnight Thursday and Friday, followed on Sunday by a bonus close-up visit by 46P/Wirtanen, the brightest comet to be seen from Earth this year.  

The comet will be visible to the naked eye when it flies by Sunday. According to Sky & Telescope magazine, it will also be among the 10 closest comet approaches to Earth since 1950 and the 20th-closest approach of a comet dating as far back as the ninth century.

The comet was first spotted in 1948 by U.S. astronomer Carl Wirtanen of Wisconsin.

While the Perseid meteor shower in August is more well-known, astronomers said Geminid puts on a better show with the best display of shooting stars. 

 

Geminid will be visible in both Northern and Southern hemispheres.

Maldives Asks: What’s the Point of UN Climate Talks?

The head of the Maldives delegation to the U.N. climate conference questioned on Thursday the point of the yearly summits, saying they are failing to produce meaningful results. 

 

Former President Mohamed Nasheed attended the 24th edition of the U.N. talks, being held this year in Poland and set to end Friday. After almost two weeks of talks, negotiators from almost 200 countries have not yet agreed on the rules for implementing the 2015 treaty from Paris on fighting global warming. 

 

“What’s the point,” Nasheed asked, of having such negotiations if they don’t lead to progress or solutions to problems that are related to the lives of people worldwide? 

 

“There is a view among many of us that this is failing,” he said in an interview with The Associated Press. 

 

Nasheed said there is an urgent need to implement the Paris Agreement’s call for keeping global warming at no more than 1.5 degrees Celsius (2.7 Fahrenheit) during this century. Without that, he said, the existence of the Maldives, an island nation in the Indian Ocean, will be threatened. 

 

He said a lack of agreement in Katowice would only worsen the situation. 

 

He said the Indian Ocean nations, thousands of years old, want to live “in our own homelands. We want to live with our communities with our culture, with our people.” 

 

“We don’t think that this is asking for much,” Nasheed said. “We are just only saying: Please do not kill us.”  

US Budget Deficit Hits Record $204.9B for November 

The federal budget deficit surged to a record for the month of November of $204.9 billion, but a big part of the increase reflected a calendar quirk. 

 

In its monthly budget report, the Treasury Department said Thursday that the deficit for November was $66.4 billion higher than the imbalance in November 2017. 

 

But $44 billion of that figure reflected the fact that December benefits in many government entitlement programs were paid in November this year because Dec. 1 fell on a Saturday. 

 

For the first two months of this budget year, the deficit totals $305.4 billion, up 51.4 percent from the same period last year. The Trump administration is projecting that this year’s deficit will top $1 trillion, reflecting increased government spending and the loss of revenue from a big tax cut. 

 

The new report showed that the higher tariffs from President Donald Trump’s get-tough trade policies are showing up in the budget totals. Customs duties totaled $6 billion in November, up 99 percent from November 2017. 

 

Trump has imposed penalty tariffs on steel and aluminum imports from a number of countries and on $250 billion of Chinese imports as the administration seeks to apply pressure to other countries to reduce their barriers to American exports. However, China and other nations have retaliated by imposing penalty tariffs on U.S. exports, sparking a tit-for-tat trade war. 

 

The administration still believes it will prevail and is currently in talks with China over trade practices the administration feels are unfair to American companies and workers. 

Three years of $1 trillion deficits

 

Last year’s budget deficit totaled $779 billion. The administration is projecting that this year’s deficit, for a budget year that runs from October through September, will total $1.09 trillion. The administration sees the deficit remaining above $1 trillion for three straight years. 

 

The only time the government has run deficits of this size was for four years from 2009 through 2012 when the Obama administration was boosting spending to grapple with the 2008 financial crisis and the worst recession since the 1930s. 

 

Trump has said that the new budget he will unveil next February will require 5 percent spending cuts for domestic agencies in a bid to trim future deficits. The administration is also counting on government revenues to be increased by faster economic growth from the $1.5 trillion tax cut passed a year ago. 

 

The $204.9 billion deficit last month was the biggest deficit ever recorded in November, a month when the government normally runs a deficit. Outlays were also a record in the month of November. 

 

Through the first two months of this budget year, revenues total $458.7 billion, 3.4 percent higher than the same period a year ago. Outlays totaled $764 billion, up 18.4 percent from the same period a year ago.  

UN Climate Talks Produce Draft Text in Final Push

Negotiators from nearly 200 countries produced a draft text Thursday on how to implement the Paris Agreement on combating global warming, but some disputes remain with only one day left before the official end of the conference.

The presidency of the climate talks in Katowice, Poland, had asked for a draft of the final package to be ready by Thursday afternoon after almost two weeks of negotiations, but work continued into the evening to get it ready.

The draft lays out options on ways to implement the 2015 Paris pact which aims to limit global warming to “well below” two degrees Celsius.

“We can implement the Paris Agreement as you all designed it. It is now time to move forward. We need to move. Climate change will not wait for us,” Poland’s Michal Kurtyka, president of the talks, told delegates.

Ministers are expected to continue working on sticking points through the night into Friday.

Disputes over finance have been a stumbling block at the talks, as well as monitoring and reporting countries’ efforts to reduce emissions. The United States, which intends to withdraw from the pact, is trying to ensure a level playing field for U.S. businesses against China.

“Money is the most difficult part of it. This is all money talk. This (meeting) is about technical decisions although it turned political,” one delegate told Reuters.

Groups of small island states and poorer countries, representing over 920 million people, issued a statement to Kurtyka expressing their frustration with the slow pace and lack of ambition of the talks.

“(We are) deeply concerned over the direction in which the outcomes … are heading,” the statement said, adding that a robust rulebook is needed to ensure ambitious emissions cuts are made.

The text still contains some wording in brackets, denoting it has yet to be agreed, but less than previous drafts.

The talks are formally scheduled to end Friday, but in the past they have often over-run into the weekend.

Stocks Lose Steam as Nerves Persist, Euro Dips

A gauge of world equities was little changed after giving up early gains on Thursday, continuing a pattern seen for the past several sessions, while the euro eased after the European Central Bank formally ended its bond purchasing scheme.

In the United States, the S&P and Nasdaq finished in the red while the Dow closed well off its session highs as cautious trade optimism faded.

Nervousness has heightened volatility in stocks recently, with a tendency for stocks to lose morning gains as the day wears on. 

In Beijing, a commerce ministry spokesman said China and the United States were in close contact over trade, and any U.S. trade delegation would be welcome to visit.  

Although signs of a trade thaw have been welcomed by investors, other worries have kept stocks from sustaining gains.

“It’s a market that’s been very nervous. Investors get excited in the morning and then their fears come back,” said Omar Aguilar, chief investment officer of equities at Charles Schwab Investment Management in San Francisco. 

“We need a catalyst to get us a more consistent trend — it could be good economic data or more clarity on the Fed’s intentions for next year or more certainty in U.S.-China. I don’t think it’s going to happen any time soon.”

Dow Jones rises while S&P 500 dips

The Dow Jones Industrial Average rose 70.11 points, or 0.29 percent, to 24,597.38, the S&P 500 lost 0.53 points, or 0.02 percent, to 2,650.54 and the Nasdaq Composite dropped 27.98 points, or 0.39 percent, to 7,070.33.

U.S. economic data showed jobless claims fell last week to near 49-year lows, while import prices dropped as the cost of petroleum products tumbled. Shares in Europe edged lower to snap a two-session winning streak, as concerns about Britain’s exit from the European Union and euro zone growth outweighed a budget compromise in Italy.

The pan-European STOXX 600 index lost 0.17 percent and MSCI’s gauge of stocks across the globe gained 0.05 percent.

Help from ECB to continue

Britain’s weakened prime minister, Theresa May, survived a late night no-confidence vote, and then said she did not expect a quick breakthrough in Brexit talks that would help get the deal through parliament. 

The ECB officially ended its post-crisis asset purchase program but promised to keep feeding stimulus into an economy struggling with an unexpected slowdown and political turmoil.

The euro and sterling were choppy on the Brexit uncertainty and in the wake of comments from ECB President Mario Draghi investors viewed as dovish following the policy announcement.

Dollar index slightly up 

The dollar index rose 0.02 percent, with the euro down 0.04 percent to $1.1363.

Sterling, rebounding from earlier declines, was last trading at $1.2662, up 0.26 percent on the day.

Oil prices were higher after data showed inventory declines in the United States and as investors began to expect the global oil market could have a deficit sooner than previously thought.

U.S. crude settled up 2.8 percent at $52.58 per barrel and Brent was last at $61.45, up 2.16 percent.

 

  

  

Virgin Galactic Rocket Plane Soars to Edge of Space

A tourism spaceship soared to the edge of space Thursday, the first U.S. commercial flight to achieve the feat since the U.S. shuttle program ended in 2011.

The Virgin Galactic rocket plane, developed by British billionaire Richard Branson, climbed more than 80 kilometers above Earth, which the company considers the boundary of space.

The test flight signals a new age of civilian space travel, with Virgin Galactic competing with other ventures such as Amazon.com founder Jeff Bezos’ Blue Origin and Elon Musk’s SpaceX.

Virgin’s carrier airplane holding the VSS Unity spaceliner took off early Thursday from the Mojave Air and Space Port, about 145 kilometers north of Los Angeles, California. It returned to Earth minutes later.

After the spaceliner and its two test pilots topped an altitude of 80 kilometers, a crying Branson hugged and high-fived some of the hundreds of spectators who gathered in the California desert to witness the launch.

The test flight comes four years after Virgin Galactic’s original spaceliner crashed, killing the co-pilot and seriously injuring the pilot.

“We’ve had our challenges and to finally get to the point where we are at least within range of space altitude is a major deal for our team,” said Virgin Galactic CEO George Whiteside.

Virgin Galactic is spaceflight company within the London-based Virgin Group.

Apple Deepens Austin Ties, Expands Operations East and West

Apple will build a $1 billion campus in Austin, Texas, break ground on smaller locations in Seattle, San Diego and Culver City, California, and over the next three years expand in Pittsburgh, New York and Colorado.

The tech giant said Thursday that the new campus in Austin, less than a mile from existing Apple facilities, will open with 5,000 positions in engineering, research and development, operations, finance, sales and customer support. The site, according to Apple, will have the capacity to eventually accommodate 15,000 employees.

The three other new locations will have more than 1,000 employees each.

Early this year, Apple said that it would make more than $30 billion in capital expenditures in the U.S. over the next five years. That, the company said in January, would create more than 20,000 new jobs at existing and new campuses that Apple planned to build.

Where U.S. companies open new facilities or plants has always had the potential for public and political backlash.

That potential has intensified under the Trump administration, which has pushed companies to keep more of their operations inside the country’s borders.

While CEO Tim Cook has steered mostly clear President Donald Trump’s ire, Apple did receive some push back three months ago from the White House.

Apple sent a letter to the U.S. trade representative warning that the burgeoning trade war with China and rising tariffs could force higher prices for U.S. consumers.

Trump in a tweet told Apple to start making its products in the U.S., and not China.

Apple uses a lot of facilities overseas to produce components and its products, including China.

Top tech executives from Google, Microsoft, IBM, Oracle and Qualcomm gathered at the White House earlier this month to discuss strained ties between the administration and the industry, and trade tensions with China. Cook was not among them, nor was Amazon’s Jeff Bezos.

There are already 6,000 Apple employees in Austin, its largest operation outside of company headquarters in Cupertino, California, where 37,000 people are employed.

“Apple has been a vital part of the Austin community for a quarter century, and we are thrilled that they are deepening their investment in our people and the city we love,” said Austin Mayor Steve Adler in a prepared statement Thursday.

Apple said nearly a year ago that it would begin canvassing the U.S. for another campus.

Cities offered incentives to lure the company, but Cook avoided a high-profile competition that pitted them against one another as Amazon did over the last year and a half.

Amazon, too, expands

Amazon announced in November after a 14-month search it had selected Long Island City, Queens, and Arlington, Virginia, as the joint winners. Each site will employ around 25,000 people.

Cities are eager to bring in more tech employers because companies like Apple and Amazon ladle out six-figure salaries to engineers and other skilled workers.

The infusion of thousands of new and highly paid residents can ripple through an economy, with those employees filling restaurants, theaters, buying property and paying taxes.

Annual pay will vary at the new locations, but Apple workers in Cupertino have an average annual salary of about $125,000, according to a report the company submitted to the city.

Virgin Galactic’s New Flight Test to Soar Closer to Edge of Space

Virgin Galactic is preparing for a new flight test Thursday that aims to fly higher and faster than before toward the edge of space.

The U.S. company run by British tycoon Richard Branson is aiming to be the first to take tourists on brief trips into microgravity.

Virgin Galactic’s fourth flight test on the VSS Unity is scheduled for Thursday, weather permitting.

The flight will take off from a spaceport in Mojave, California.

The vessel does not launch from Earth but is carried to a higher altitude — about nine miles (15 kilometers) high — attached to an airplane.

Then, two pilots on the VSS Unity fire the engines toward the frontier of space, typically defined as an altitude of 62 miles (100 kilometers).

In July, after burning the rocket motor for 42 seconds, the VSS Unity reached a height of 32 miles, a part of the atmosphere called the mesosphere.

Commercial airplanes typically fly at an altitude of about six miles.

The VSS Unity reached a top speed of over 1,530 miles per hour, or beyond Mach 2.

“Overall the goal of this flight is to fly higher and faster than previous flights,” said a statement from Virgin Galactic.

“If all goes to plan our pilots will experience an extended period of microgravity as VSS Unity coasts to apogee, although — being pilots — they will remain securely strapped in throughout.”

Another U.S. rocket company, Blue Origin, founded by Amazon CEO Jeff Bezos, is also racing to be the first to send tourists to space, but using a small rocket to get there.

Virgin’s first flight date has been pushed back multiple times, following a test flight accident that killed a co-pilot in 2014.

Branson told CNN in November he hoped to send people to space “before Christmas.”

More than 600 clients have already paid $250,000 for a ticket.

Wall Street Gains on Better Signs in US-China Trade Talks

Wall Street stocks finished higher on Wednesday due to improved hopes for the US-China trade talks.

The Dow Jones Industrial Average added 0.6 percent at 24,527.27.

The broad-based S&P 500 advanced 0.5 percent to 2,651.07, while the tech-rich Nasdaq Composite Index jumped 1.0 percent to 7,098.31.

Wall Street stocks have been volatile in recent weeks in part due to unpredictable and ambiguous events connected to the Beijing-Washington trade negotiations.

The latest indicators have been more upbeat, with a Chinese Huawei executive granted bail in a Canadian court in a closely-watched legal case and confirmation from Commerce Secretary Wilbur Ross in a television interview that Beijing had offered to cut tariffs on autos imported from the United States and resume soybean purchases.

Unlike the last two sessions, there were no major gyrations lower on Wednesday. But stocks still finished well below their session highs, with the Dow falling about 300 points from its peak in the last three hours of trading.

Gainers included some equities that have been seen as vulnerable to a trade war with China. Boeing advanced 1.5 percent, Caterpillar 1.7 percent and Deere 0.8 percent.

Tech shares were also upward-bound, with Google parent Alphabet winning 1.1 percent, Amazon 1.2 percent and Netflix 3.6 percent.

Tencent Music, in its first session after going public, jumped 7.7 percent a day after the music streaming company raised $1.1 billion in an initial public offering.

OMG: California Regulators Consider Charge on Text Messaging

California regulators are considering a plan to charge a fee for text messaging on mobile phones to help support programs that make phone service accessible to the poor.

The Mercury News reports Wednesday that the proposal is scheduled for a vote next month by the state Public Utilities Commission.

The wireless industry and business groups have been working to defeat the plan.

Jim Wunderman of the Bay Area Council, a business-sponsored advocacy group, says it would essentially put a tax on conversations.

The newspaper says it’s unclear how much money individual consumers would be asked to pay their wireless carrier for texting services under the proposal. But it likely would be billed as a flat surcharge — not a fee per text.

Sports, Deaths Among 2018’s Top Google Searches

Sports, disaster and death were among the top searches on Google last year.

Each December, the technology company releases it’s top trending searches of the year. Topics that drew the interest of Americans included the World Cup, Hurricane Florence and three people who died in 2018 — rapper Mac Miller, designer Kate Spade and TV host and author Anthony Bourdain.

Google does not come up with its lists based on the number of total searches. Instead, the company looks at the search terms that enjoyed the highest spike compared to the previous year.

“Black Panther” topped the list of most searched movies, while rising stars in the Democratic party dominated the list of most searched politicians.

Here are the Top 10:

  1. World Cup

  2. Hurricane Florence

  3. Mac Miller

  4. Kate Spade

  5. Anthony Bourdain

  6. Black Panther

  7. Mega Millions Results

  8. Stan Lee

  9. Demi Lovato

  10. Election Results

Other categories include:

News

  1. World Cup

  2. Hurricane Florence

  3. Mega Millions

  4. Election Results

  5. Hurricane Michael

People

  1. Demi Lovato

  2. Meghan Markle

  3. Brett Kavanaugh

  4. Logan Paul

  5. Khloe Kardashian

Politicians

  1. Stacey Abrams

  2. Beto O’Rourke

  3. Ted Cruz

  4. Andrew Gillum

  5. Alexandria Ocasio-Cortez

Movies

  1. Black Panther

  2. Incredibles 2

  3. Deadpool 2

  4. Avengers: Infinity War

  5. A Quiet Place

All of the 2018 Google top trending search lists can be found here.

In Africa, Sickle Cell Patients Endure Pain, Discrimination

Africans who have the blood disorder sickle cell anemia met this week in the northern Cameroon town of Garoua to step up an awareness campaign.

One hundred people with sickle cell from Cameroon and five other African countries sit and talk at the Garoua market square in northern Cameroon.  

They say their aim is to educate people about sickle cell, an inherited, generally incurable disease that causes tiredness, swelling of the hands and feet, vision problems, and episodes of severe pain.

The patients want to end superstitions about the disease and stop doctors from pushing harmful practices like bloodletting and concoctions that will supposedly fix their blood.

Among the patents here is 26-year old Hayatou Alimatu who lost two children to the disease.

She came out today with her only surviving child, an eight year old girl who also has sickle cell.

Painkillers are expensive, and she hopes to one day take the child to a developed country in the hopes of getting more advanced treatment that could improve her quality of life.

She said her daughter normally gets outstanding grades at school and her averages grades are at the top.  When she has severe episodes, known as crises, her grades drop.

Sickle cell anemia affects red blood cells, the cells that carry oxygen throughout the body.  

Cells that are normally round become hard and look like the C-shaped farm tool called a sickle.  They get stuck in blood vessels, causing pain.  The cells also die early, causing a constant shortage of red blood cells.

Shattered dreams

Twenty-four-year old Blaise Fora said his hopes of getting married were shattered because he is a sickle cell patient.

He said he has decided to remain single because when he fell in love once and was preparing to get married, his fiancee’s family was vehemently opposed. They did not want him to – in their words – contaminate their daughter with sickle cell.  

Fora said the family was concerned that the couple’s children might be born with the disease.  Those types of concerns are shared by many people, and aid agencies are responding by suggesting couples that are about to marry to get genetic tests done first.

Haminatu Hadza Karim from Chad, is among those leading the largely informal campaign, organized by associations of sickle cell patients.

She says many of the women she works with have been thrown out by their husbands for delivering babies with sickle cell. She says she invites other women dealing with these prejudices to join them so they can fight for their rights and eradicate the disease.

Genetic counseling

Some people have the sickle cell trait without having the disease.  To pass on the disease to a baby, both parents must be carriers.

Dr. Oumar Zacki, who takes care of sickle cell patients in Garoua, says a lack of genetic counseling means many people are without crucial knowledge.

He says the population of Central and West Africa move about with no visible symptoms but who carry sickle cell genes, passed from generation to generation in a pattern of inheritance.

The World Health Organization reports that in Cameroon, Gabon, Congo, Ghana and Nigeria, between 20 and 30 percent of the population carries the sickle cell trait.  In Uganda, more than 40 percent carry the trait.

Pakistan Hosts Regional Meeting on Countering Afghan Opiates

Pakistan, Afghanistan and Iran have pledged to increase cooperation and information-sharing for effectively combating the trafficking of Afghan opiates.

War-shattered Afghanistan remains the world’s largest producer of opium, though the U.N. Office on Drugs and Crime noted in its latest survey the opium cultivation decreased by 20 percent in 2018 due to a severe drought and reduced prices.

The illegal opiates are largely smuggled to international markets through Pakistan and Iran.

Need for more initiatives

Afghan, Pakistan and Iranian counternarcotics officials concluded their two-day UNODC-facilitated interaction Wednesday in Islamabad, where delegates underscored the need for more efforts against the massive flow of illicit drugs.

Participants at the “Triangular Initiative” meeting called for timely sharing of information and conducting simultaneously interdiction operations along their shared largely porous borders.

The forum was established in 2007 with a mission to promote regional cooperation to reduce the poppy cultivation, trafficking, and consumption of drugs in the region and beyond.

Officials acknowledged that despite Afghanistan’s political tensions with Pakistan and Iran anti-drugs cooperation largely continues.

Renewed attitude

Cesar Guedes, UNODC representative in Pakistan, noted the three countries attended the Islamabad meeting with “a revived attitude and role”, raising prospects for more effective counternarcotics efforts in 2019.

“More needs to be done because the level of [Afghan opium] production has also increased. They need really to coordinate closer in their joint efforts,” he told VOA

Guedes also called for increased international assistance, saying Afghanistan, Pakistan and Iran alone cannot curb the menace of drugs.

“This has to be done in the framework of shared responsibility. All the countries, producers, consumers and transit need to join the effort,” he said.

Despite many challenges facing the government, the head of the Afghan delegation said authorities have taken significant steps to eradicate drug trafficking.

US assistance

Director General for Policy Planing at the Afghan Ministry of Narcotics, Mohammad Osman Frotan, said 89 percent of poppy cultivation this year has taken place in the Afghan provinces most hit by insurgent activities. He said counternarcotics authorities during 2018 have seized more than 433 tons of different types of drugs, and arrested and prosecuted almost 4,000 suspects.

The United States has spent more than $8 billion in the past 17 years to assist Afghanistan in eradication efforts. But the effort has failed to stop opium production, which increased to record highs and stood at an estimated 9,000 tons in 2017. Critics blamed insecurity, rampant corruption and patronage by influential Afghans for the unprecedented growth.

Twitter CEO Acknowledges Suffering of Myanmar’s Rohingya Muslims

Twitter chief executive officer Jack Dorsey is under fire for failing to address the humanitarian crisis involving the Rohingya Muslims during his recent meditation retreat in Myanmar.

Dorsey published a thread on his Twitter page Sunday praising Myanmar’s people as “full of joy,” and heaping equal praise on the nation’s cuisine.

Critics angrily accused Dorsey of ignoring the plight of more than 700,000 Rohingyas who fled from northern Rakhine state into neighboring Bangladesh to avoid a scorched earth campaign launched by the military in response to a series of attacks by Rohingya militants on security outposts.

A special United Nations fact-finding mission said the military acted “with genocidal intent” against the Rohingyas, based on interviews with hundreds of Rohingyas, who revealed numerous atrocities, including gang rapes, the torching of entire villages and extrajudicial killings.

Dorsey responded Wednesday that he was “aware of the human rights atrocities and suffering in Myanmar,” and that he did not “intend to diminish them by not raising the issue.” But he conceded that he “could have acknowledged that I don’t know enough and need to learn more.”

Critics have also pointed the finger at Twitter for allowing virulent anti-Rohingya hate speech onto the site during the height of the crackdown. Dorsey said people can use Twitter “to share news and information about events in Myanmar, as well as to bear witness to the plight of the Rohingya and other peoples and communities.”

This is not the first time the Twitter boss has gotten into hot water during his overseas travels. Dorsey caused a stir in India last month when a photograph emerged of him holding a poster that read “Smash Brahminical patriarchy,” a reference to India’s highest Hindu caste.