Advancements in digital printing are leading to more sophisticated, flexible electronics capable of changing the way we live and the way we use technology. Reporter Deana Mitchell takes a look at the latest technological innovations at a research center in San Jose, California.
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This is part of “Ocean Shock,” a Reuters series exploring climate change’s impact on sea creatures and the people who depend on them.
To stand at the edge of an ocean is to face an eternity of waves and water, a shroud covering seven-tenths of the Earth.
Hidden below are mountain ranges and canyons that rival anything on land. There you will find the Earth’s largest habitat, home to billions of plants and animals — the vast majority of the living things on the planet.
In this little-seen world, swirling super-highway currents move warm water thousands of miles north and south from the tropics to cooler latitudes, while cold water pumps from the poles to warmer climes.
It is a system that we take for granted as much as we do the circulation of our own blood. It substantially regulates the Earth’s temperature, and it has been mitigating the recent spike in atmospheric temperatures, soaking up much of human-generated heat and carbon dioxide. Without these ocean gyres to moderate temperatures, the Earth would be uninhabitable.
In the last few decades, however, the oceans have undergone unprecedented warming. Currents have shifted. These changes are for the most part invisible from land, but this hidden climate change has had a disturbing impact on marine life — in effect, creating an epic underwater refugee crisis.
Reuters has discovered that from the waters off the East Coast of the United States to the coasts of West Africa, marine creatures are fleeing for their lives, and the communities that depend on them are facing disruption as a result.
As waters warm, fish and other sea life are migrating poleward, seeking to maintain the even temperatures they need to thrive and breed. The number of creatures involved in this massive diaspora may well dwarf any climate impacts yet seen on land.
In the U.S. North Atlantic, for example, fisheries data show that in recent years, at least 85 percent of the nearly 70 federally tracked species have shifted north or deeper, or both, when compared to the norm over the past half-century. And the most dramatic of species shifts have occurred in the last 10 or 15 years.
Fish have always followed changing conditions, sometimes with devastating effects for people, as the starvation that beset Norwegian fishing villages in past centuries when the herring failed to appear one season will attest. But what is happening today is different: The accelerating rise in sea temperatures, which scientists primarily attribute to the burning of fossil fuels, is causing a lasting shift in fisheries.
The changes below the surface are not an academic matter.
Globally, fishing is a $140 billion to $150 billion business annually, according to the United Nations’ Food and Agriculture Organization, and in some parts of the world, seafood accounts for half of the average person’s diet. But the effects of this mass migration in the world’s oceans are also much more intimate than that.
From lobstermen in Maine to fishermen in North Carolina, livelihoods are at stake. For sardine-eating Portuguese and seafood-loving Japanese, cultural heritages are at risk. And a burgeoning aquaculture industry, fueled in part by the effects of climate change, is decimating traditional fishing in West Africa and destroying coastal mangrove swamps in Southeast Asia.
Reuters journalists have spent more than a year collecting their stories and little-reported data to bring you this series revealing the natural disaster unfolding beneath the whitecaps.
VOA will be featuring stories from the Ocean Shock series over the few months.
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Poking above the bright pink bougainvillea that spills into the street, the lone minaret of the Ta’la Al-Ali mosque towers over the Khalda neighborhood of Amman.
Aside from its colorful stain-glassed windows and ornate calligraphy, this mosque stands out for another reason: its roof is covered with shining solar panels that make the building’s carbon emissions close to zero.
The structure is part of a wider effort by mosques – and many other buildings in the city – to capitalize on Jordan’s plentiful sunshine and shift towards renewable energy, in a bid to achieve Amman’s goal of becoming a carbon neutral city by 2050.
“Almost all the mosques here in Jordan now cover 100 percent of their energy needs” with renewable power, said Yazan Ismail, an energy auditor at ETA-max Energy and Environmental Solutions, a green consultancy in Jordan.
Amman is one of more than 70 cities worldwide that are aiming to become “carbon neutral” by 2050, meaning they will produce no more climate-changing emissions than they can offset, such as by planting carbon-absorbing trees.
Each is going about achieving the goal in its own way. But because cities account for about three-quarters of carbon dioxide emissions, according to the United Nations, and consume more than two-thirds of the world’s energy, whether they succeed or fail will have a huge impact on if the world’s climate goals are met.
Feeding the Grid
In Amman, the push to make mosques greener – which began in 2014, with backing from the Ministry of Religious Affairs – has been so successful that many are now selling excess energy back to the national grid, Ismail said.
For the Ta’la Al-Ali mosque’s imam, who speaks to the faithful in his Friday sermons about protecting the climate, the decision to adopt clean energy coincides with wider religious values.
“The main reason for the use of solar energy is religious duty,” said Ahmad Al Rawashdeh. Islam urges conservation of nature’s resources, he said, and “warns against extravagance.”
But the use of solar energy, and power-saving LED lightbulbs, also is helping the mosque financially, he admitted.
Amman, where temperatures already soar above 40 degrees Celsius (104 Fahrenheit) in the summer, has clear incentives to try to hold the line on global warming.
But renewables are far from the norm in most of the country.
Jordan still imports close to 96 percent of its energy, most of it polluting fossil fuels, from its Middle Eastern neighbors, according to the World Bank.
Government officials say they are going to change that.
“We are committed to reducing our greenhouse gas emissions by 40 percent by 2030,” Minister of Environment Nayef Hmeidi Al-Fayez told the Thomson Reuters Foundation.
The country aims to generate 20 percent of its energy from renewable sources by 2022, Al-Fayez said. It’s a target he thinks will be met early, in part as solar panels go up on the city’s homes, businesses and government buildings.
Earlier this year the Abu Dhabi Future Energy Company (Masdar) put in place $188 million in financing to develop Jordan’s largest solar power plant for the state National Electric Power Company.
The project is scheduled to go online in the first half of 2020, and will supply power to about 110,000 homes while displacing 360,000 tonnes of carbon dioxide annually, a statement from Masdar said.
Green Schools
On the other side of the city, the Al-Hoffaz international academy – one of the first schools to go solar in Amman, in 2013 – now gets almost 95 percent of its energy from renewable sources, said Khaled Al Salaymah, assistant general manager of the school.
At Al Hoffaz, children in orange and black uniforms chant their times-tables as they file down the stairs of the academy, one of about 100 schools in Amman seeking to lower carbon emissions.
“Based on our community and public responsibilities we want to reduce our emissions and carbon contribution urgently,” said Al Salaymah. “Also, there’s an economic dimension: we’ve reduced our energy consumption costs too,” he said.
Along with glimmering solar electrical panels covering the basketball court, the teachers’ car park and much of the roof, the school uses solar water heaters and recycles its waste while also prioritizing environmental education, he said.
“We hold awareness sessions for students, parents and teachers here to ensure they know the benefits of going green and using renewable energy,” Al Salaymah told the Thomson Reuters Foundation. “It’s not just installing solar panels. We want to be green in every way.”
He said he had noticed a rise in social awareness of the risks of climate change, particularly among young Jordanians.
“The mentality has changed,” he said.
Jordan is also trying to cut emissions from tourism. The country hopes to market itself as a haven for ecotourists keen to stay in zero-carbon resorts along the salty Dead Sea or near the UNESCO World Heritage site of Petra.
The Feynan Ecolodge sits on the edge of the Dana Biosphere Reserve, on the road to the ancient crimson carved city of Petra.
With solar appliances serving its 26 rooms and candle-lit corridors, the lodge is entirely off grid, and offers visitors the chance to feast on vegetarian food, stargaze or learn to bake bread beneath the hot sand.
Manager Nabil Tarazi said the lodge’s daily energy consumption was less than that of a two-bedroom apartment in Amman.
The lodge is part of a string of buildings backed by Jordan’s Royal Society for the Conservation of Nature (RSCN), including a similar resort north of Amman in the protected forest reserve of Ajloun.
Nestled among evergreen oaks, that lodge harvests rainwater and uses geothermal heating and cooling to keep its emissions at net zero.
Future Pressures
Despite Jordan’s efforts to cut carbon emissions, Amman faces big challenges, including a booming population, swollen by the arrival of more than half a million refugees fleeing conflict in neighboring Syria.
Arid Amman is also among the most water-stressed cities in the world – enough that Jordan is now looking into desalination plants to keep the taps running.
But the push for solar power may also help.
A May report by the World Resources Institute found that thirsty Middle Eastern and North African countries, including Jordan, could cut water demand by switching to solar power, which uses less water to produce than fossil fuel electricity generation.
Jordan’s Environment Minister Al-Fayez said he has confidence Amman – and the country – will continue pushing to meet their ambitious carbon-cutting goals.
“We’re always optimistic in Jordan. That’s the way that we survive,” he said.
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NASA’s elite planet-hunting spacecraft has been declared dead, just a few months shy of its 10th anniversary.
Officials announced the Kepler Space Telescope’s demise Tuesday.
Already well past its expected lifetime, the 9½-year-old Kepler had been running low on fuel for months. Its ability to point at distant stars and identify possible alien worlds worsened dramatically at the beginning of October, but flight controllers still managed to retrieve its latest observations. The telescope has now gone silent, its fuel tank empty.
“Kepler opened the gate for mankind’s exploration of the cosmos,” said retired NASA scientist William Borucki, who led the original Kepler science team.
Super Earths found
Kepler discovered 2,681 planets outside our solar system and even more potential candidates. It showed us rocky worlds the size of Earth that, like Earth, might harbor life. It also unveiled incredible super Earths: planets bigger than Earth but smaller than Neptune.
NASA astrophysics director Paul Hertz estimated that anywhere from two to a dozen of the planets discovered by Kepler are rocky and Earth-sized in the so-called Goldilocks zone — the habitable area around a star where the temperature would permit existence of liquid water. But Kepler’s overall planet census showed that 20 percent to 50 percent of the stars visible in the night sky could have planets like ours in such a habitable zone for life, he said.
The $700 million mission even helped to uncover last year a solar system with eight planets, just like ours.
“It has revolutionized our understanding of our place in the cosmos,” Hertz said. “Now we know because of the Kepler Space Telescope and its science mission that planets are more common than stars in our galaxy.”
Almost lost in 2013 because of equipment failure, Kepler was salvaged by engineers and kept peering into the cosmos, thick with stars and galaxies, ever on the lookout for dips in in the brightness of stars that could indicate an orbiting planet.
“It was like trying to detect a flea crawling across a car headlight when the car was 100 miles away,” said Borucki said.
The resurrected mission became known as K2 and yielded 350 confirmed exoplanets, or planets orbiting other stars, on top of what the telescope had already uncovered since its March 7, 2009, launch from Cape Canaveral.
In all, close to 4,000 exoplanets have been confirmed over the past two decades, two-thirds of them thanks to Kepler.
Kepler focused on stars thousands of light-years away and, according to NASA, showed that statistically there’s at least one planet around every star in our Milky Way galaxy.
Borucki, who dreamed up the mission decades ago, said one of his favorite discoveries was Kepler 22b, a water planet bigger than Earth but in an area where it is not too warm and not too cold — the type “that could lead to life.”
Successor spacecraft
A successor to Kepler launched in April, NASA’s Tess spacecraft, has its sights on stars closer to home. It’s already identified some possible planets.
Tess project scientist Padi Boyd called Kepler’s mission “stunningly successful.”
Kepler showed us that “we live in a galaxy that’s teeming with planets, and we’re ready to take the next step to explore those planets,” she said.
Another longtime spacecraft chasing strange worlds in our own solar system, meanwhile, is also close to death.
NASA’s 11-year-old Dawn spacecraft is pretty much out of fuel after orbiting the asteroid Vesta as well as the dwarf planet Ceres. It remains in orbit around Ceres, which, like Vesta, is in the asteroid belt between Mars and Jupiter.
Two of NASA’s older telescopes have been hit with equipment trouble recently, but have recovered. The 28-year-old Hubble Space Telescope resumed science observations last weekend, following a three-week shutdown. The 19-year-old Chandra X-ray Telescope’s pointing system also ran into trouble briefly in October. Both cases involved critical gyroscopes, needed to point the telescopes.
Hertz said all the spacecraft problems were “completely independent” and coincidental in timing.
Now 94 million miles from Earth, Kepler should remain in a safe, stable orbit around the sun. Flight controllers will disable the spacecraft’s transmitters, before bidding it a final “goodnight.”
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Facebook is reporting a slight revenue miss but stronger than expected profit in its third-quarter earnings report.
Coming three months after the company’s stock suffered its worst one-day drop in history, wiping out $119 billion of its market value, the mixed results were perhaps not the redemption Facebook hoped for.
But shares inched a bit higher after-hours, suggesting, at least, that the social media giant didn’t further spook investors. With the myriad problems Facebook has been grappling with lately, this is likely good news for the company.
Facebook had 2.27 billion monthly users at the end of the quarter, below the 2.29 billion analysts were expecting. Facebook says it changed the way it calculates users, which reduced the total slightly. The company’s user base was still up 10 percent from 2.07 billion monthly users a year ago.
Earnings were $1.76 a share and revenue was $13.73 billion, an increase of 33 percent, for the July-September period.
Analysts had expected earnings of $1.46 per share on revenue of $13.77 billion, according to FactSet.
The company warned last quarter that its revenue growth will slow down significantly for at least the rest of this year and that expenses will continue to balloon. The following day the stock plunged 19 percent. It was the biggest one-day plunge in history, and the shares not only haven’t recovered, they’ve since fallen further amid a broader decline in tech stocks .
Facebook’s investors, users, employees and executives have been grappling not just with questions over how much money the company makes and how many people use it, but its effects on users’ mental health and worries over what it’s doing to political discourse and elections around the world. Is Facebook killing us? Is it killing democracy?
The problems have been relentless for the past two years. Facebook can hardly crawl its way out of one before another comes up. It began with “fake news” and its effects on the 2016 presidential election (a notion CEO Mark Zuckerberg initially dismissed) and continued with claims of bias among conservatives that still haven’t relented.
Then there’s hate speech, hacks and a massive privacy scandal in which Facebook exposed user data to a data mining firm, along with resulting moves toward government regulation of social media.
Amid all this, there have been sophisticated attempts from Russia and Iran to interfere with elections and stir up political discord in the U.S.
Facebook’s stock climbed $2.68, or 1.8 percent, to $148.90 in after-hours trading.
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A yellow excavator, forklift and other heavy equipment made by U.S. firm Caterpillar gleam outside Cuba’s annual trade fair, reflecting once-bright hopes for increased U.S.-Cuban commerce fanned by the 2014 detente between the old Cold War foes.
But inside the pavilion where U.S. firms present their wares, only eight have stands this year, according to a Reuters count. That is down from 13 last year and several dozen in 2015-16, underscoring the decline in U.S. business interest since Donald Trump became president.
Last year, the Trump administration tightened the decades-old trade embargo on the Communist-run island once more and sharply reduced staffing at the U.S. embassy in Havana due to a series of health incidents among U.S. diplomats.
“Trump has scared everyone off,” said Eduardo Aparicio, general manager of U.S. logistics company Apacargoexpress, operating under an exemption to the embargo allowing U.S. companies to sell food and medical supplies here.
Aparicio says he is struggling to find U.S. firms keen on doing business with Cuba given fears of reprisals from the Trump administration.
“Not that many things have changed with the Trump administration, but the outlook has. It no longer feels like we are advancing,” said Jay Brickman, vice president of Florida-based shipping company Crowley Maritime Corporation, which has been shipping to Cuba for 17 years.
“If you are a corporate executive who feels like nothing is happening, then eventually you look elsewhere.”
Brickman, Aparicio and others at Cuba’s premier business event said the country’s dire financial situation was another factor in declining U.S. business interest. Cuba is battling a cash crunch amid lower aid from ally Venezuela and weaker exports.
Brickman said Cuban orders via his firm were down 10 percent this year.
U.S. companies had embraced Cuba in the wake of the detente reached by former U.S. and Cuban Presidents Barack Obama and Raul Castro, jostling for a foothold in an opening market of 11 million consumers.
Lawyers working with U.S. firms interested in doing business with Cuba say the larger ones are taking a long-term view and remain keen.
Heavy equipment maker Caterpillar, for example, had lobbied to sell in Cuba for years before one of its dealers, privately held Puerto Rican company Rimco, said last year it was opening a distribution center here.
“This is the beginning of a lot of things to come,” Rimco Vice President Caroline McConnie said of the machinery displayed outside the pavilion.
McConnie said Rimco would look to rent as well as sell machines in Cuba given its cash crunch, and expected to announce its first two deals soon: one to rent equipment for quarries and another to sell marine motors for tugboats.
“We will benefit from the first movers’ advantage,” she said.
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Asia could reap massive benefits in health, environment, agriculture and economic growth if governments implement 25 policies such as banning the burning of household waste and cutting industrial emissions, according to a U.N. report.
Air pollution is a health risk for 4 billion people in Asia, killing about 4 million of them annually, and efforts to tackle the problem are already on track to ensure air pollution is no worse in 2030, but huge advances could be made, the report said.
The report’s 25 recommendations would cost an estimated $300 billion to $600 billion annually, a big investment but loose change compared with a projected $12 trillion economic growth increase.
The publication of the report, “Air Pollution in Asia and the Pacific: Science based solutions,” on Tuesday coincides with the World Health Organization holding its first global air pollution conference in Geneva this week
The recommendations also included post-combustion controls to cut emissions from power stations, higher standards for shipping fuels, ending routine flaring of gas from oil wells, and energy efficiency standards for industry and households.
The biggest gains would come from clean cooking, reducing emissions from industry, using renewable fuels for power generation and more efficient use of fertilizers.
Huge improvements in post-combustion controls and emission standards for road vehicles were already anticipated because of recent legislation, although both could be improved further.
Indeed, India may halt the use of private vehicles in the capital New Delhi if air pollution, which has reached severe levels in recent days, gets worse, a senior environmental official said Tuesday.
Authorities in the capital have already advised residents to keep outdoor activity to a minimum from the beginning of next month until at least the end of the Hindu festival of Diwali on Nov. 7, when firecrackers typically further taint air choked by the burning of crop stubble in neighboring states.
Helena Molin Valdes, head of Climate and Clean Air Coalition Secretariat at U.N. Environment, said there was increasing political openness to taking action on air pollution and the report reflected three years of discussions with governments.
“What the governments were saying in the region was: ‘Don’t tell us we have a problem, we know there is a problem, how can we deal with it and what will it take to do it?'” she said.
The report estimates its recommendations would cut carbon dioxide emissions by 20 percent compared to a baseline scenario, potentially decreasing global warming by one-third of a degree Celsius by 2050, which would also be a contribution in the fight against climate change.
One billion people would enjoy high air quality, while the number exposed to the worst pollution would be cut by 80 percent to 430 million. Premature deaths would fall by a third.
Crop yields would benefit because of a reduction in ozone, which is estimated to have cut 2015 harvests by 10 percent for maize, 4 percent for rice, 22 percent for soy and 9 percent across Asia, a total of 51 million tons.
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Wealthy space buffs will have the chance to own three small particles of lunar matter when what Sotheby’s describes as the only known documented “moon rocks” to be legally available for private ownership hit the auction block in November.
Sotheby’s said on Tuesday it expects the fragments, retrieved from the moon by a Soviet space mission in 1970, could fetch between $700,000 to $1 million at the Nov. 29 auction in New York.
The pieces — a basalt fragment, similar to most of the Earth’s volcanic rock, and bits of surface debris known as regolith — are being sold by an unidentified private American collector who purchased them in 1993.
Sotheby’s said in a statement they were first sold in 1993 by Nina Ivanovna Koroleva, the widow of former Soviet space program director Sergei Pavlovich Korolev.
The fragments, ranging in size from about .079 inch x .079 inch (2 x 2mm) to .039 inch x .039 inch (1 x 1mm), were presented to her as a gift on behalf of the Soviet Union in recognition of her late husband’s contributions to the program.
Sotheby’s said that the particles, encased under glass with a Russian plaque, are both the only known lunar sample to have ever been officially gifted to a private party, and with documented provenance to be available for private ownership.
Collectors pay huge sums for space exploration artifacts.
Last year, Sotheby’s sold a zippered bag stamped with the words “Lunar Sample Return” laced with moon dust which was used by Neil Armstrong for the first manned mission to the moon in 1969, for $1.8 million.
That sale took place after NASA lost a court battle to retrieve the artifact from a private collection.
Most other known samples taken from the moon remain with the two entities that collected them: the United States during the Apollo 11-17 missions and the Soviet Union via the unmanned Luna-16, Luna-20, and Luna-24 missions.
A number of other countries were gifted with Apollo 11 samples and Apollo 17 goodwill moon rocks on behalf on the Nixon administration, and in most places the law bars transferring such gifts to individuals.
The particles being sold in November were retrieved in September 1970 by Luna-16 which drilled a hole in the surface to a depth of 13.8 inches (35 cm) and extracted a core sample.
They are encased under glass below an adjustable lens and labeled “ЧАСТИЦЫ ГРУНТА ЛУНЫ-16″ [SOIL PARTICLES FROM LUNA-16].”
Tests on similar samples have dated the bits as being as much as 3.4 billion years old.
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Chinese authorities have stepped up efforts to block virtual private networks (VPN), service providers said Tuesday in describing a “cat-and-mouse” game with censors ahead of a major trade expo and internet conference.
VPNs allow internet users in China, including foreign companies, to access overseas sites that authorities bar through the so-called Great Firewall, such as Facebook Inc and Alphabet Inc’s Google.
Since Xi Jinping became president in 2013, authorities have sought to curb VPN use, with providers suffering periodic lags in connectivity because of government blocks.
“This time, the Chinese government seemed to have staff on the ground monitoring our response in real time and deploying additional blocks,” said Sunday Yokubaitis, the chief executive of Golden Frog, the maker of the VyprVPN service.
Authorities started blocking some of its services on Sunday, he told Reuters, although VyprVPN’s service has since been restored in China.
“Our counter measures usually work for a couple of days before the attack profile changes and they block us again,” Yokubaitis said.
The latest attacks were more aggressive than the “steadily increasing blocks” the firm had experienced in the second half of the year, he added.
The Cyberspace Administration of China did not respond immediately to a faxed request from Reuters to seek comment.
Another provider, ExpressVPN, also acknowledged connectivity issues on its services in China on Monday that sparked user complaints.
“There has long been a cat-and-mouse game with VPNs in China and censors regularly change their blocking techniques,” its spokesman told Reuters.
Last year, Apple Inc dropped a number of unapproved VPN apps from its app store in China, after Beijing adopted tighter rules.
Although fears of a blanket block on services have not materialized, industry experts say VPN connections often face outages around the time of major events in China.
Xi will attend a huge trade fair in Shanghai next week designed to promote China as a global importer and calm foreign concern about its trade practices, while the eastern town of Wuzhen hosts the annual World Internet Conference to showcase China’s vision for internet governance.
Censors may be testing new technology that blocks VPNs more effectively, said Lokman Tsui, who studies freedom of expression and digital rights at the Chinese University of Hong Kong.
“It could be just a wave of experiments,” he said of the latest service disruptions.
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Zimbabwe’s President Emmerson Mnangagwa met with business leaders Monday to discuss ways of boosting the country’s troubled economy. He suggested companies are contributing to shortages by holding back essential goods, but one of the businessman said the accusation is not true. Columbus Mavhunga reports for VOA News from Harare.
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Apple’s new iPads will resemble its latest iPhones as the company ditches a home button and fingerprint sensor to make room for the screen.
As with the iPhone XR and XS models, the new iPad Pro will use facial-recognition technology to unlock the device and authorize app and Apple Pay purchases.
Apple also unveiled new Mac models at an opera house in New York, where the company emphasized artistic uses for its products such as creating music, video and sketches. New Macs include a MacBook Air laptop with a better screen.
Research firm IDC says tablet sales have been declining overall, though Apple saw a 3 percent increase in iPad sales last year to nearly 44 million, commanding a 27 percent market share.
It is the time of the year when Indians hit the roads to distribute gifts and sweets to friends and family, visit colorful “Diwali bazars” and party as they gear up to celebrate the main Hindu festival of Diwali on November 7. But in the Indian capital, there is a party spoiler: a deadly haze of pollution that has prompted calls to minimize exposure to the dirty air and is making some pack up and leave the city during the festival.
Grey smog shrouds New Delhi and satellite towns as winter approaches and authorities have advised citizens to avoid strenuous outdoor activity, take only short walks, shut windows, reduce use of private vehicles and wear masks as a precaution.
A range of emergency measures has also been announced to reduce air pollution, such as a temporary ban on construction activity and coal and biomass based industries starting Thursday.
The measures kick in as the level of PM2, the tiny particulate matter that can dangerously clog lungs exceeded by more than six times the safe limit set by the World Health Organization. Earlier this year, WHO named Delhi as the world’s most polluted megacity — the city and its surrounding towns are home to 19 million people.
“There are pollution hotspots in the city where we have seen levels that are hitting serious levels,” says Anumita Roy Chowdhury, Executive Director, Research and Advocacy at the Center for Science and Environment in New Delhi. “But at least the action has started and we are hoping the emergency response will help.”
The pollution in the city and surrounding towns is a toxic mix of of dust, fumes from vehicles, burning of waste and polluting industries, and has been exacerbated with explosive growth. It worsens at this time of the year as farmers set fire to thousands of hectares of farmland in neighboring states, Diwali revelers set off firecrackers and still winter air keeps pollutants hovering over the city.
Authorities have launched a campaign to prevent farmers from burning crop residue, which helps them prepare the fields for the next harvest without incurring heavy labor costs. The acrid smoke from the fields billows towards Delhi, becoming one of the major triggers for the city’s deadly smog.
State authorities are optimistic the number of fires has been reduced as the government offers subsidies on equipment that enables farmers to plant the new crop with the stubble still in the fields and imposes fines on those who still light up the residue on their fields. But thousands of resentful farmers continue to burn the stubble, saying it is easier to pick up a matchstick and pay the penalty rather than invest in the equipment.
Others grumble the additional expense is cutting into already slim farm profits and leaving their crop more vulnerable to pests like rats.
“We don’t like scorching mother earth, but only when you work at the ground level you know the challenges you face,” said Vinod Kumar, who has a 16-hectare farm in Karnal in neighboring Haryana state. He does not find it viable to plant the new crop with the stubble still standing in the fields. “The taller stubble has to be set on fire.”
Even as crop fires rage, an ease on a ban on firecrackers by the Supreme Court has intensified New Delhi’s pollution worries. The top court rejected calls for an outright ban and said “green crackers” would be allowed for a two-hour window on Diwali.
But many in the country, including shops selling firecrackers, appeared clueless about what is an environmentally safe firework. They are doing brisk business — many in the city are loath to give up the age-old custom, which they see as an intrinsic part of Diwali celebrations despite several campaigns urging people to stay away from firecrackers.
Doctors are already advising people suffering from respiratory problems to leave the city and those who can afford to heed the warning are taking it seriously.
New Delhi resident, Pradeep Bhargava, who has suffered bouts of asthma, is taking no chances after last year when pollution spiked to its worst-ever level around Diwali and prompted doctors to declare a “medical emergency” and authorities to shut schools. “The pollution is the major factor that we are heading to the hills, but five days out of the city won’t really help,” he said. “We have to breathe the dirty air through the winter.”
Many environmentalists agree and point out that emergency measures taken during the smog season will not fix Delhi’s pollution crisis. “Focus now will really have to shift more towards round-the year plan so that those systemic reforms take place so that by next winter we begin to see more substantial changes,” said Chowdhury from the Center of Science and Environment.
New research strengthens the case that people used the chocolate ingredient cacao in South America 5,400 years ago, underscoring the seed’s radical transformation into today’s Twix bars and M&M candies.
Tests indicate traces of cacao on artifacts from an archaeological site in Ecuador, according to a study published Monday. That’s about 1,500 years older than cacao’s known domestication in Central America.
“It’s the earliest site now with domesticated cacao,” said Cameron McNeil of Lehman College in New York, who was not involved in the research.
The ancient South American civilization likely didn’t use cacao to make chocolate since there’s no established history of indigenous populations in the region using it that way, researchers led by the University of British Columbia in Canada said.
But the tests indicate the civilization used the cacao seed, not just the fruity pulp. The seeds are the part of the cacao pod used to make chocolate.
Indigenous populations in the upper Amazon region today use cacao for fermented drinks and juices, and it’s probably how it was used thousands of years ago as well, researchers said.
Scientists mostly agree that cacao was first domesticated in South America instead of Central America as previously believed. The study in Nature Ecology & Evolution provides fresh evidence.
Three types of tests were conducted using artifacts from the Santa Ana-La Florida site in Ecuador. One tested for the presence of theobromine, a key compound in cacao; another tested for preserved particles that help archeologists identify ancient plant use; a third used DNA testing to identify cacao.
Residue from one ceramic artifact estimated to be 5,310 to 5,440 years old tested positive for cacao by all three methods. Others tested positive for cacao traces as well, but were not as old.
How cacao’s use spread between South America and Central America is not clear. But by the time Spanish explorers arrived in Central America in the late 1400s, they found people were using it to make hot and cold chocolate drinks with spices, often with a foamy top.
“For most of the modern period, it was a beverage,” said Marcy Norton, a historian at the University of Pennsylvania and author of “Sacred Gifts, Profane Pleasures: A History of Tobacco and Chocolate in the Atlantic World.”
The chocolate drinks in Central America often contained maize and differ from the hot chocolate sold in the U.S. They did not contain milk, Norton said, and when they were sweetened, it was with honey.
By the 1580s, cacao was being regularly imported into Spain and spread to other European countries with milk being added along the way. It wasn’t until the 1800s that manufacturing advances in the Netherlands transformed chocolate into a solid product, Norton said.
Michael Laiskonis, who teaches chocolate classes the Institute of Culinary Education, said he’s seeing a growing interest in cacao flavors, indicating a return to a time when chocolate wasn’t just an ingredient buried in a candy bar.
He said he tries to incorporate chocolate’s past into his classes, including a 1644 recipe that combines Mayan and Aztec versions of drinks with European influences.
“It’s something that’s always been transforming,” he said.
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When massive gold deposits were discovered about a decade ago in Chimanimani, eastern Zimbabwe, the rural district became famous for attracting hundreds of artisanal miners from across the country every year.
Wealthy small-scale prospectors regularly offer residents generous deals for their land, locals say. To many widows selling their unused land, that kind of money can be life-changing and a source of greater autonomy.
But in recent years, widows in Chimanimani have found that taking a deal can have consequences. Many say they have been taken to tribal courts by their husbands’ families for selling portions of their land.
“I feel bruised,” said Mavis, a 63-year-old widow from Haroni village who did not want to disclose her surname.
“I lived in peace as a widow in my home until last year, when I sold an unwanted acre of my late husband’s land to korokoza,” she said, using a colloquial term for an artisanal gold miner.
He paid her $2,000 in cash. “All hell broke loose,” Mavis explained.
When her male relatives found out about the sale, they reported her to the tribal court.
“The accusations were insane. They said I bewitched my husband, even though he died way back in 1979, in the colonial war,” she told the Thomson Reuters Foundation.
The cultural norms of the Ndau people, who make up the majority of the population in Chimanimani, forbid widows from owning land their husbands leave behind or selling that land unless a male family member controls the transaction.
As her uncles laid claim to her late husband’s property, Mavis joined a growing number of widows whose male family members have denied them the right to sell land they are supposed to legally inherit.
“In our village, I am the fourth widow since 2017 to be brought to (tribal court) for selling land without male approval,” she said.
Her case is still ongoing.
Tribal Justice
According to Zimbabwe’s latest census, which was conducted in 2012, there are more than half a million widows in the country.
Throughout rural areas, widows routinely find themselves harassed and exploited by in-laws claiming the property their husbands left behind, rights activists say.
O’bren Nhachi, an activist and researcher focusing on natural resources and governance, said the problem has gotten worse in Chimanimani over the past few years, as the gold rush has pushed up the value of land.
“Chimanimani was a poor backwater district until gold was discovered. Suddenly, local land prices shot up because artisanal gold diggers are paying huge sums to snap up plots,” he said. “This has brought conflict, with male family members using patriarchy as a tool to dispossess widows of potential land sales income.”
Although Zimbabwe’s constitution gives women and men equal rights to property and land, in many rural communities tradition overrides national legislation, experts say.
Tribal custom dictates that chiefs are the custodians of communal land, and responsible for allocating land to villagers.
“A woman cannot sell land unless she has obtained permission from my Committee of Seven,” said Mutape Moyo, a tribal headman in Chimanimani, referring to the group of elders — all men — who hear cases in the local customary court.
But this makes it unclear who has legal ownership of land, Nhachi said.
“The laws of the country say the state is the owner of all land. Tribal chiefs are merely ‘custodians’. Does custodian mean they are owners?”
In a country where women carry out 70 percent of the agricultural work – according to the U.N. Food and Agriculture Organization – Nhachi said more women need to be made aware of how to legally hold onto their land if their husbands die.
He said he would like to see the government implement legal awareness programs and properly define who owns and distributes land in rural Zimbabwe.
No Recourse
Provincial administrator Edward Seenza, the head civil servant of Manicaland province, where Chimanimani is located, said that if widows lose their land in tribal courts, there are ways for them to appeal and reverse the ruling.
“If anyone is unhappy with a village head’s decision, they can speak to a chief,’ he said. “Where this does not produce the desired result, they can take their complaint to the district administrator and further up to my office.”
But activists say few rural women know they have that option. And those who do are often too poor or too scared to travel to a government office.
Seenza said that so far, not one woman has come to him to appeal a tribal court ruling.
And without legal help, widows denied the right to sell their land can be left devastated.
Rejoice, a 38-year-old widow from Chipinge district, sold her late husband’s mango orchard two years ago to a wealthy gold digger for $4,000. She needed the money to pay for medication to treat a kidney tumor.
Her father-in-law took her to tribal court.
“I was ordered to refund the buyer, in cash, with punitive interest; pay court fines for ‘disrespect’; and surrender the rest of the land to male family custodians,” said Rejoice, whose name has been changed to protect her identity.
She paid back the buyer as much as she could, but still owes him some money. And her husband’s family is still fighting for ownership of the land, she added.
The court told her that if she does not honor the ruling, she could be thrown out of her home.
“I will end up a destitute, living on the roadside,” she said. “The thought of this gives me sleepless nights.”
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A meticulous re-creation of a three-decade-old study of birds on a mountainside in Peru has given scientists a rare chance to prove how the changing climate is pushing species out of the places they are best adapted to.
Surveys of more than 400 species of birds in 1985 and then in 2017 have found that populations of almost all had declined, as many as eight had disappeared completely, and nearly all had moved to higher elevations in what scientists call “an escalator to extinction.”
“Once you move up as far as you can go, there’s nowhere else left,” said John W. Fitzpatrick, a study author and director of the Cornell Laboratory of Ornithology. “On this particular mountain, some ridgetop bird populations were literally wiped out.”
It’s not certain whether the birds shifted ranges because of temperature changes, or indirect impacts, such as shifts in the ranges of insects or seeds that they feed on.
These findings, published Monday in the Proceedings of the National Academy of Sciences, confirm what biologists had long suspected, but had few opportunities to confirm. The existence of a 1985 survey of birds on the same mountain gave scientists a rare and useful baseline.
Past research has documented habitats of birds and other species moving up in elevation or latitude in response to warming temperatures. But Mark Urban, director of the Center of Biological Risk at the University of Connecticut, who was not involved in the study said it was the first to prove what climate change models predicted: that rising temperatures will lead to local extinctions.
“A study like this where you have historical data you can go back to and compare is very rare,” said Urban. “As long as the species can disperse, you will see species marching up the mountain, until that escalator becomes a stairway to heaven.”
In 1985, Fitzpatrick established a basecamp alongside a river running down a mountain slope in southeastern Peru, aiming to catalog the habitat ranges of tropical bird species that lived there. His team spent several weeks trekking up and down the Cerro de Pantiacolla, using fine nets called mist nets to catch and release birds, and keeping detailed journals of birds they caught, spotted or heard chirping in the forests.
Two years ago, Fitzpatrick passed his journals, photos and other records to Benjamin Freeman, a postdoctoral fellow at the Biodiversity Research Centre at the University of British Columbia. Freeman, who has been researching tropical birds for more than a decade, set out to recreate the journey in August and September of 2017. Using old photos of mountain views, his team located the same basecamp.
Freeman largely recreated Fitzpatrick’s path and methodology to see what had happened in the intervening years, a period when average mean temperatures on the mountain rose 0.76 degrees Fahrenheit (0.42 degrees Celsius). Because the mountain lies at the edge of a national park, the area hadn’t been disturbed.
In addition to unfurling 40-foot (12-meter) mist nets on the slopes, Freeman’s team placed 20 microphone boxes on the mountain to record the chirps of birds that might not easily be seen.
“We found that the bird communities were moving up the slope to reach the climate conditions to which they were originally adapted,” said Freeman, the lead author of the study. Near the top of the mountain the bird species moved higher by 321 feet (98 meters), on average.
“We think temperature is the master-switch in explaining why species live where they do on mountain slopes,” said Freeman. “A huge majority of species in our study were doing the same thing.”
Birds adapted to live within narrow temperature bands — in regions without wide seasonal variations — may be particularly vulnerable to climate change, Fitzpatrick said.
“We should expect that what’s happening on this mountaintop is happening more generally in the Andes, and other tropical mountain ranges,” he said.
Far more men than women think their companies offer equal pay and promote the sexes equally, yet younger generations are wising up, a U.S. entertainment industry survey found on Monday.
Only a quarter of women think their employers pay them the same as men, while twice as many men believe their company has no gender pay gap, according to the survey by CNBC, a business news channel, and job-oriented social networking site LinkedIn.
About one third of women said both sexes rise up the ranks at the same rate in their workplaces, while more than half of men think the promotion rates are equal, according to responses from at least 1,000 LinkedIn members who work in entertainment.
“Men, typically we found across industries … they’re not as cognizant as their female counterparts to these issues,” said Caroline Fairchild, managing editor at LinkedIn.
Other surveys in finance and technology have revealed similar findings, she told the Thomson Reuters Foundation.
Congress outlawed pay discrimination based on gender in the federal Equal Pay Act in 1963, yet public debate over why wages still lag drastically for women has snowballed in recent years.
Last year in the United States, working women earned 82 percent of what men were paid, the Pew Research Center found.
According to the CNBC-LinkedIn survey, four in five women said the workplace holds more obstacles to advancement for women than for men, but only about half of men held the same opinion.
However the survey found that younger men were more likely than their older peers to say they were aware of the obstacles that stop women from succeeding at work, according to Fairchild.
“Perhaps the old guard of the industry is thinking a certain way, but we are seeing a perception change in what perhaps younger people in the industry are thinking,” she added.
A U.S. appeals court in San Francisco ruled in April that employers cannot use workers’ salary histories to justify gender-based pay disparities, saying that would perpetuate a wage gap that is “an embarrassing reality of our economy.”
A handful of U.S. cities and states ban employers from asking potential hires about their salary histories.
The World Economic Forum reported a global economic gap of 58 percent between the sexes for 2016 and forecast women would have to wait 217 years before they are treated equally at work.
Gender inequality in the workplace could cost the world more than $160.2 trillion in lost earnings, according to the World Bank. The figure compares the difference in lifetime income of everyone of working age and if women earned as much as men.
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Demand for bitcoin could single-handedly derail efforts to limit global warming because the increasingly popular digital currency takes huge amounts of energy to produce, scientists said on Monday.
Producing bitcoin at a pace with growing demand could by 2033 defeat the aim of limiting global warming to 2 degrees Celsius, according to U.S. research published in the journal Nature Climate Change.
Almost 200 nations agreed in Paris in 2015 on the goal to keep warming to “well below” a rise of 2°C above pre-industrial times.
But mining, the process of producing bitcoins by solving mathematical equations, uses high-powered computers and alto of electricity, the researchers said.
“Currently, the emissions from transportation, housing and food are considered the main contributors to ongoing climate change,” said study co-author Katie Taladay in a statement. “This research illustrates that bitcoin should be added to this list.”
Mining is a lucrative business, with one bitcoin currently selling for about $6,300 (4,900 British pounds).
In 2017, bitcoin production and usage emitted an estimated 69 million metric tons of carbon dioxide equivalent, the researchers said.
That year, bitcoin was involved in less than half of 1 percent of the world’s cashless transactions, they said.
As the currency becomes more common, researchers said it could use enough electricity to emit about 230 gigatons of carbon within a decade and a half. One gigaton is equal to one billion metric tons of carbon.
“No matter how you slice it, that thing is using a lot of electricity. That means bad business for the environment,” Camilo Mora, another co-author, told the Thomson Reuters Foundation.
Bitcoin mining, however, is becoming more energy efficient, said Katrina Kelly-Pitou, research associate at the University of Pittsburgh.
She said bitcoin miners are moving away from sites such as China, with coal-generated electricity, to more environmentally friendly utilities in Iceland and the United States.
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South Korean conglomerate Hyundai’s cancellation of a major Iran construction project due to problems related to U.S. economic sanctions has been met with silence in Iranian media.
In a brief regulatory filing published Monday, Hyundai Engineering & Construction said it canceled a $521 million contract a day earlier for building a petrochemicals complex in Iran.
“The contract was canceled because financing is not complete, which was a prerequisite for the validity of the contract, as external factors worsened, such as economic sanctions against Iran,” Hyundai said.
Twelve hours after Hyundai made the announcement, there were no mentions of it in Iranian state-controlled media. There also was little Farsi-language discussion of the move on Twitter.
The United States is set to reimpose sanctions on Iran’s key energy exports on Nov. 4 to try to pressure Tehran into agreeing to a new deal to curb its nuclear and other perceived malign activities. Energy exports are the main sources of revenue for the Iranian government.
For months, international companies in sectors such as energy, aviation, autos and shipping have been withdrawing from or scaling back business with Iran to avoid being hit by secondary U.S. sanctions for continuing such business as the primary U.S. sanctions take effect.
Speaking to the Monday edition of VOA Persian’s News at Nine program, Johns Hopkins University applied economics professor Steve Hanke said cancellations of Iranian construction contracts by Hyundai and other foreign companies cause significant delays in the construction process.
“Now, the Iranians have to more or less start over and find somebody new. All of this takes time. As it takes time, the Iranian economy sinks,” Hanke said.
Facing growing domestic discontent with Iran’s faltering economy, President Hassan Rouhani won parliamentary approval Saturday for a reshuffle of economic posts in his cabinet. He also said Iran can withstand U.S. sanctions by turning to other nations for business.
“Russia, China, India, the European Union and some African and Latin American countries are our friends,” he told parliament. “We have to work with them and attract investments.”
Hanke said it is more likely that Iran will finance the petrochemical project abandoned by Hyundai with Chinese and Russian partners than with the EU. Washington has put particular pressure on its European allies in recent months not to undermine U.S. sanctions against Iran.
The EU has said it will try to circumvent U.S. sanctions by setting up a “special purpose vehicle” to facilitate transactions between European businesses and Iran. The 28-nation bloc has said it will abide by a 2015 deal between Iran and world powers, curbing Iranian nuclear activities in return for relief from international sanctions. U.S. President Donald Trump withdrew from that deal in May, saying it was not tough enough on Iran. Tehran denies seeking nuclear weapons.
South Korea, a key U.S. ally in East Asia, has not vowed to defy U.S. sanctions, but it does appear to want to salvage its remaining commercial contracts with Iran. South Korean media said Foreign Minister Kang Kyung-wha spoke by phone with U.S. Secretary of State Mike Pompeo on Monday and asked Washington to be flexible in exempting South Korean companies from U.S. penalties for Iran-related business. There was no immediate readout of the phone call from the U.S. State Department.
Hyundai had signed a contract to build a petrochemical complex on Iran’s Persian Gulf coast near the southern town of Tonbak in March 2017. South Korean and Iranian media said the contract was for the construction of the second phase of the Kangan Petro Refining Complex in the South Pars Gas Field. The reports valued Hyundai’s contract with Iran’s Ahdaf Investment Company, an affiliate of a state-run oil firm, at $3 billion.
Hyundai, in its Monday statement, did not explain the discrepancy between the initially reported $3 billion valuation of the contract and its latest $512 million valuation.
This article originated in VOA’s Persian Service.
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Following the shooting deaths of 11 worshippers at a synagogue in the eastern United States, a U.N. human rights expert urged governments on Monday to do more to curb racist and anti-Semitic intolerance, especially online.
“That event should be a catalyst for urgent action against hate crimes, but also a reminder to fight harder against the current climate of intolerance that has made racist, xenophobic and anti-Semitic attitudes and beliefs more acceptable,” U.N. Special Rapporteur Tendayi Achiume said of Saturday’s attack on a synagogue in Pittsburgh, Pennsylvania.
Achiume, whose mandate is the elimination of racism, racial discrimination, xenophobia and related intolerance, noted in her annual report that “Jews remain especially vulnerable to anti-Semitic attacks online.”
She said that Nazi and neo-Nazi groups exploit the internet to spread and incite hate because it is “largely unregulated, decentralized, cheap” and anonymous.
Achiume, a law professor at the University of California, Los Angeles (UCLA) School of Law, said neo-Nazi groups are increasingly relying on the internet and social media platforms to recruit new members.
Facebook, Twitter and YouTube are among their favorites.
On Facebook, for example, hate groups connect with sympathetic supporters and use the platform to recruit new members, organize events and raise money for their activities. YouTube, which has over 1.5 billion viewers each month, is another critical communications tool for propaganda videos and even neo-Nazi music videos. On Twitter, according to one 2012 study cited in the special rapporteur’s report, the presence of white nationalist movements on that platform has increased by more than 600 percent.
The special rapporteur noted that while digital technology has become an integral and positive part of most people’s lives, “these developments have also aided the spread of hateful movements.”
She said in the past year, platforms including Facebook, Twitter and YouTube have banned individual users who have contributed to hate movements or threatened violence, but ensuring the removal of racist content online remains difficult.
Some hate groups try to get around raising red flags by using racially coded messaging, which makes it harder for social media platforms to recognize their hate speech and shut down their presence.
Achiume cited as an example the use of a cartoon character “Pepe the Frog,” which was appropriated by members of neo-Nazi and white supremacist groups and was widely displayed during a white supremacist rally in the southern U.S. city of Charlottesville, Virginia, in 2017.
The special rapporteur welcomed actions in several states to counter intolerance online, but cautioned it must not be used as a pretext for censorship and other abuses. She also urged governments to work with the private sector — specifically technology companies — to fight such prejudices in the digital space.
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The United States urged European Union governments on Monday to reflect on whether it was really in their interest to go ahead with a trade dispute over U.S. metals tariffs, and said it was hopeful of settling the issue with Mexico and Canada.
The U.S. tariffs attracted an unprecedented seven requests for WTO adjudication, as well as a slew of criticism, at a fractious WTO dispute settlement meeting, while the United States hit back with legal actions against its critics.
Shea not surprised
U.S. Ambassador Dennis Shea said he was not surprised by China’s opposition, since it had massive overcapacity in metals production and was a non-market economy, but that Washington was “deeply disappointed” with the EU’s stance.
“We would encourage the European countries to consider carefully their broader economic, political, and security interests,” Shea told the meeting.
“We will not allow China’s party-state to fatally undermine the U.S. steel and aluminum industries, on which the U.S. military, and by extension global security, rely.”
China’s representative responded by saying the United States was shifting its arguments to disguise its protectionism.
Canada and Mexico have also challenged the tariffs — 25 percent on steel and 10 percent on aluminium — but a U.S. trade official told the meeting that, after constructive discussions, Washington was hopeful of reaching an agreement with both.
Adam Austen, a spokesman for Canadian foreign minister Chrystia Freeland, told Reuters the best outcome would be for Washington to rescind the tariffs.
Taboo no longer
Norway, Russia and Turkey also asked the WTO to judge the legality of the U.S. tariffs, despite Washington’s assertion that they are based on national security and therefore outside WTO jurisdiction.
National security claims were taboo for most of the WTO’s 23-year history, because trade diplomats feared a domino effect as countries cited national security to get out of a wide range of obligations. But Shea suggested it would be even worse to try to challenge the U.S. national security claim.
“The United States wishes to be clear: if the WTO were to undertake to review an invocation of (the national security exemption), this would undermine the legitimacy of the WTO’s dispute settlement system and even the viability of the WTO as a whole,” he said.
Trachtman turns to Twitter
On Twitter, Joel Trachtman, professor of International Law at Fletcher School of Law and Diplomacy, and Jennifer Hillman, an American former WTO judge, said Shea’s position was not supported by WTO law.
Canada’s representative at the WTO meeting said fear of a national security threat was “inconceivable”, while Norway said it was “evidently divorced from real-world security concerns.”
Canada, China, the EU, Mexico and Japan argued that the U.S. tariffs were “safeguard” measures that could be addressed with sanctions under WTO rules. Washington for its part requested WTO adjudication of their retaliatory measures taken by Canada, China, the EU and Mexico.
All the requests for WTO adjudication will need to be confirmed at another meeting next month before going ahead.
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U.S. stocks fell on Monday in a volatile session, with the S&P 500 ending just shy of confirming its second correction of 2018, hurt by fresh worries of an escalation of U.S.-China trade tensions and a sharp drop in big tech and Internet names.
Following a morning rally, major U.S. indexes pulled back steeply after a Bloomberg report that the United States is preparing to announce tariffs on all remaining Chinese imports by early December if talks next month between presidents Donald Trump and Xi Jinping falter.
“Obviously this trade skirmish is metastasizing potentially into something worse than it already is,” said Mark Luschini, chief investment strategist at Janney Montgomery Scott in Philadelphia.
After the S&P 500 dropped more than 10 percent from its Sept. 20 record closing high during the session, the benchmark index pared its losses late to close down 9.9 percent from its peak. The Dow industrials also fell more than 10 percent from its Oct. 3 record close during the session, before ending down 8.9 percent from the mark.
On Monday, the Dow Jones Industrial Average fell 245.39 points, or 0.99 percent, to 24,442.92, the S&P 500 lost 17.44 points, or 0.66 percent, to 2,641.25 and the Nasdaq Composite dropped 116.92 points, or 1.63 percent, to 7,050.29.
Major tech and growth stocks, such as Amazon.com, Google parent Alphabet and Netflix, posted sharp declines. The S&P 500 technology sector fell 1.8 percent.
The so-called FANG growth stocks – Facebook, Amazon, Netflix and Alphabet – have lost more than $200 billion in market value in the past two sessions.
The industrials sector, which is seen as sensitive to trade issues, dropped 1.7 percent, with Boeing tumbling 6.6 percent.
“The concern about global growth and global trade … continues to create an overhang for U.S. corporations and global equities,” said Chad Morganlander, senior portfolio manager at Washington Crossing Advisors in Florham Park, New Jersey.
“Growth stocks typically do poorly in situations of global growth decelerating,” he said. “You set yourself up for a more defensive market until there’s a clear sign that investors can grab hold of.”
Market volatility has spiked in recent weeks, stemming from higher interest rates and worries about the economy and trade tensions. Investors also may be increasingly nervous about uncertainty surrounding U.S. congressional elections, now just a week away.
“Probably the most pervasive headwind is concern about midterm elections,” said Kristina Hooper, chief global market strategist at Invesco. “That is weighing down stocks, particularly technology as there is greater concern about regulation.”
Internet stocks also may have been wounded by Britain’s plan to tax the revenue from online platforms.
In corporate news, shares of software maker Red Hat surged 45.4 percent after the company agreed to be bought by IBM Corp for $34 billion. But IBM shares fell 4.1 percent, weighing on the Dow and S&P.
Investors who are bullish about stocks point to strong corporate profits this year and economic strength. But there are also concerns about the extent of a slowdown in earnings growth next year, while weak housing data has raised some worries about the economy.
Data on Monday showed U.S. consumer spending rose for a seventh consecutive month in September. But income recorded its smallest gain in more than a year amid moderate wage growth, suggesting the current pace of spending was unlikely to be sustained.
Declining issues outnumbered advancing ones on the NYSE by a 1.45-to-1 ratio; on Nasdaq, a 1.45-to-1 ratio favored decliners.
The S&P 500 posted three new 52-week highs and 65 new lows; the Nasdaq Composite recorded 23 new highs and 260 new lows.
About 9.3 billion shares changed hands in U.S. exchanges, above the 8.5 billion daily average over the last 20 sessions.
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NASA’s Parker Solar Probe is now closer to the sun than any spacecraft has ever gotten.
Parker on Monday surpassed the record of 26.6 million miles (43 million kilometers) set by Helios-2 back in 1976. And it will keep getting closer to the sun until it flies through the corona, or outer atmosphere, for the first time next week, passing within 15 million miles (24 million kilometers) of the solar surface.
Parker will make 24 close approaches to the sun over the next seven years, ultimately coming within just 3.8 million miles (6 million kilometers).
Launched in August, Parker is on track to set another record late Monday night. It will surpass Helios-2’s speed record of 153,454 miles per hour (247,000 kilometers per hour), relative to the sun.
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Jair Bolsonaro, a far-right former Army captain who won Brazil’s presidential election in convincing fashion, rode a wave of enthusiasm on Monday from giddy supporters, bullish investors and budding ally U.S. President Donald Trump.
Bolsonaro, who early in his legislative career declared he was “in favor” of dictatorships and demanded that Congress be disbanded, vowed on Sunday to adhere to democratic principles while holding up a copy of the country’s Constitution.
U.S. President Donald Trump said he had an “excellent call” congratulating Bolsonaro and tweeted about their plans to “work closely together on Trade, Military and everything else!”
Markets also cheered Bolsonaro’s victory, sending Brazil’s benchmark Bovespa stock index to an all-time high on his pledges to balance the federal budget and privatize state firms.
Bolsonaro’s win alarmed critics around the globe, given his defense of Brazil’s 1964-1985 military dictatorship, vows to sweep away leftist political opponents and a track record of denigrating comments about gays, women and minorities.
His victory brings Brazil’s military back into the political limelight after it spent three decades in the barracks following the country’s return to civilian rule. Several retired generals will serve as ministers and close advisers.
“You are all my witnesses that this government will defend the constitution, of liberty and of God,” Bolsonaro said in a Facebook live video in his first comments after his victory.
The president-elect’s future chief of staff told Reuters his first international trip would be to Chile — one of the South American neighbors that swung to the right in recent elections.
An outspoken Trump admirer, Bolsonaro also vowed to realign Brazil with more advanced economies such as the United States, overhauling diplomatic priorities after nearly a decade and a half of leftist rule.
The 63-year-old former paratrooper joins a list of populist, right-wing figures to win elections in recent years such as Trump, Philippine President Rodrigo Duterte and Hungarian Prime Minister Viktor Orban.
Trump’s friendly call augurs closer political ties between the two largest economies in the Americas – both now led by conservative populists promising to overturn the political establishment.
Mauricio Santoro, a political scientist with Rio de Janeiro State University, said he was concerned that the tense and violent atmosphere that enveloped Brazil’s election campaign may continue.
“It’s a worrying scenario. It’s possible that even with his win, we could see a further wave of violence among Bolsonaro’s supporters against those who backed his opponent,” Santoro said.
Bolsonaro supporters carried out several attacks in the run-up to Sunday’s vote, in particular targeting Brazilian journalists, according to a tally kept by Abraji, an investigative journalism group.
Bolsonaro himself was stabbed at a rally last month and will need to undergo surgery in mid-December.
Easy Win
Bolsonaro won 55.2 percent of votes in a run-off election against left-wing hopeful Fernando Haddad of the Workers Party (PT), who garnered 44.8 percent, according to electoral authority TSE.
The fiery lawmaker’s rise has been propelled by rejection of the leftist PT that ran Brazil for 13 of the last 15 years and was ousted two years ago in the midst of a deep recession and political graft scandal.
Thousands of Bolsonaro supporters cheered and set off fireworks outside his home in Rio de Janeiro’s beachfront Barra de Tijuca neighborhood as his victory was announced.
“I don’t idolize Bolsonaro and I don’t know if he will govern well, but we are hopeful. People want the PT out, they can’t take any more corruption,” said Tatiana Cunha, a 39-year-old systems analyst in the midst of the noisy celebrations.
Investors cheered Bolsonaro’s ascent, relieved that he could keep the PT out of power and hopeful that he would carry out fiscal reforms proposed by his orthodox economic guru.
Brazil’s benchmark Bovespa stock index rose as much as 3 percent to an all-time high in opening trade, led higher by shares of state-owned firms and blue-chips.
State lender Banco do Brasil SA rose nearly 5 percent and state oil company Petróleo Brasileiro SA opened 4 percent higher at an 8.5-year high.
Brazil’s currency, the real, gained around 10 percent against the dollar this month and interest rate futures have tightened dramatically as Bolsonaro’s prospects improved.
Investors are particularly heartened by his choice of Paulo Guedes, a Chicago University-trained economist and investment banker, as future economy minister.
Guedes, who wants to privatize an array of state firms, said on Sunday the new government will try to erase Brazil’s budget within deficit in a year, simplify and reduce taxes, and create 10 million jobs by cutting payroll taxes. New rules will boost investment in infrastructure, he told reporters.
Big Challenges
Still, Fitch Ratings on Monday highlighted the “deep fiscal challenges” confronting Bolsonaro’s team, as weak growth and a huge budget deficit give little room to maneuver.
“The exact details of how his administration plans to achieve (its) objectives are limited,” wrote Fitch analysts led by Shelly Shetty. “The lack of fiscal space, a high unemployment rate and a sluggish economic recovery will also likely limit economic policy options.”
Onyx Lorenzoni, a fellow congressman whom Bolsonaro has tapped as chief of staff, told journalists that Guedes would be responsible for structuring an independent, autonomous central bank with targets.
Asked about Brazil’s currency, Lorenzoni said Bolsonaro would offer businesses more predictability, but ruled out an exchange rate target.
In a separate interview with Reuters, he said the president-elect would meet with Guedes and other members of his team on Tuesday. He will oversee the transition from Rio this week and fly to the capital Brasilia next week, Lorenzoni added.
In parallel, representatives for Bolsonaro will begin meeting this week with President Michel Temer’s team to start work ahead of the Jan. 1 inauguration.
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Russia has sent a high-level official delegation to Venezuela, including a deputy finance minister, to help advise the cash-strapped country on economic reform at a time of crisis, a spokesman for the Russian Ministry of Finance said Monday.
Almost 2 million Venezuelans have fled the country since 2015, driven out by food and medicine shortages and violent crime with inflation running at 200,000 percent and the OPEC nation’s oil production hitting a 28-year low in 2017.
Russian oil major Rosneft said in August Venezuela owed it $3.6 billion, while Moscow and Caracas last year signed a debt restructuring deal that allowed Venezuela to pay Russia back a total of $3.15 billion over a decade.
Andrei Lavrov, a spokesman for the Ministry of Finance, said Monday that Deputy Finance Minister Sergei Storchak was due to take part in a meeting with Venezuelan government officials in Caracas on Tuesday.
Russian officials from the central bank and the Ministry of Economy would also attend, he said, saying Venezuela had invited the Russian experts to take part in a meeting tasked with drafting economic reform measures at a time of crisis.
“Venezuela’s government asked [Russia] to send relevant employees from Russian government ministries to share their experience of economic reform,” Lavrov said.
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