Mountain Birds on ‘Escalator to Extinction’ as Planet Warms

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. 

 

 

US Survey: What Pay Gap? Men Less Aware of Women’s Workplace Struggles

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.

Scientists: Producing Bitcoin Currency Could Void Climate Change Efforts

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.

Iran Silent on S. Korea’s Hyundai Quitting Major Construction Project 

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. 

UN Human Rights Expert Urges States to Curb Intolerance Online

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.

US Steel Tariff Fight Stirs Up Swarm of WTO Litigation

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.

Wall Street Drops on Trade Worries, S&P Nears Correction

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.

NASA Spacecraft Sets Record for Closest Approach to Sun

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.

Election of Far-right President in Brazil Cheered by Trump, Markets

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.

Russia Sends Officials to Venezuela to Advise on Crisis Reforms

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.

How Green Is My Forest? There’s an App to Tell You

A web-based application that monitors the impact of successful forest-rights claims can help rural communities manage resources better and improve their livelihoods, according to analysts.

The app was developed by the Indian School of Business (ISB) to track community rights in India, where the 2006 Forest Rights Act aimed to improve the lives of rural people by recognizing their entitlement to inhabit and live off forests.

With a smartphone or tablet, the app can be used to track the status of a community rights claim.

After the claim is approved, community members can use it to collect data on tree cover, burned areas and other changes in the forest and analyze it, said Arvind Khare at Washington D.C.-based advocacy Rights and Resources Initiative (RRI).

“Even in areas that have made great progress in awarding rights, it is very hard to track the socio-ecological impact of the rights on the community,” said Khare, a senior director at RRI, which is testing the app in India.

“Recording the data and analyzing it can tell you which resources need better management, so that these are not used haphazardly, but in a manner that benefits them most,” he told the Thomson Reuters Foundation.

For example, community members can record data on forest products they use such as leaves, flowers, wood and sap, making it easier to ensure that they are not over-exploited, he said.

While indigenous and local communities own more than half the world’s land under customary rights, they have secure legal rights to only 10 percent, according to RRI.

Governments maintain legal and administrative authority over more than two-thirds of global forest area, giving limited access for local communities.

In India, under the 2006 law, at least 150 million people could have their rights recognized to about 40 million hectares (154,400 sq miles) of forest land.

But rights to only 3 percent of land have been granted, with states largely rejecting community claims, campaigners say.

While the app is being tested in India, Khare said it can also be used in countries including Peru, Mali, Liberia and Indonesia, where RRI supports rural communities in scaling up forest rights claims.

Data can be entered offline on the app, and then uploaded to the server when the device is connected to the internet. Data is stored in the cloud and accessible to anyone, said Ashwini Chhatre, an associate professor at ISB.

“All this while local communities have been fighting simply for the right to live in the forest and use its resources. Now, they can use data to truly benefit from it,” he said.

WHO: Air Pollution a Health Risk for Children

The World Health Organization says air pollution kills hundreds of thousands of children every year and puts the physical health and neurological development of hundreds of millions of other youngsters at serious risk. The WHO is issuing a report titled “Air pollution and child health: Prescribing clean air” on the eve of the U.N. agency’s first-ever Global Conference on Air pollution and Health.

The World Health Organization reports more than 90 percent, or nearly 2 billion children under the age of 15, breathe toxic air every day. The WHO says debilitating problems associated with air pollution begin at conception and continue until adolescence.  

The report notes pregnant women exposed to polluted air are likely to give birth prematurely and have low-weight babies. A WHO scientist and expert on air pollution, Marie Noel Brune Drisse, warns that many babies will have neurodevelopment problems, resulting in lower IQs. 

“The fact is that air pollution is stunting our brains, even before we are born,” said Drisse. “The fact that it is leading to diseases that we may not be able to see immediately but look at much later in life like adult diseases. Our lung function and our respiratory systems are being altered during our development.” 

Drisse says this can lead to chronic respiratory and cardiovascular diseases, as well as certain types of cancers later in life. In 2016, the report estimated that 600,000 children died from acute lower respiratory infections caused by polluted air. It said the heaviest toll is paid by children in low- and middle-income countries. The report found that the highest death rates among children between the ages of 5 and 14 from both ambient and household air pollution occur in the African region.

The report says switching to clean cooking and heating fuels and technologies could save the lives of many children. It says other measures for reducing the toxic impact of air pollution include moving away from fossil fuels.

The report recommends the use of cleaner, renewable energy sources, less dependence on private cars in favor of public transportation, and better waste management systems. WHO officials say the benefits from implementing such measures will be felt almost immediately.

App Taken Down After Pittsburgh Gunman Revealed as User

Gab, a social networking site often accused of being a haven for white supremacists, neo-Nazis and other hate groups, went offline Monday after being refused by several web hosting providers following revelations that Pittsburgh synagogue shooting suspect Robert Bowers used the platform to threaten Jews.

“Gab isn’t going anywhere,” said Andrew Torba, chief executive officer and creator of Gab.com. “We will exercise every possible avenue to keep Gab online and defend free speech and individual liberty for all people.

Founded two years ago as an alternative to mainstream social networking sites like Facebook and Twitter, Torba billed Gab as a haven for free speech. The site soon began attracting online members of the alt-right and other extremist ideologies unwelcome on other platforms.

“What makes the entirely left-leaning Big Social monopoly qualified to tell us what is ‘news’ and what is ‘trending’ and to define what “harassment” means?” Torba wrote in a 2016 email to Buzzfeed News.

The tide swiftly turned against Gab after Bowers entered the Tree of Life synagogue Saturday morning with an assault rifle and several handguns, killing 11 and wounding six.

It came to light that Bowers had made several anti-Semitic posts on the site, including one the morning of the shooting that read “HIAS likes to bring invaders in that kill our people. I can’t sit by and watch my people get slaughtered. Screw your optics, I’m going in.” HIAS (Hebrew Immigration Aid Society) helps refugees resettle in the United States.

Following Bowers’ posts being picked up by national media, PayPal and payment processor Stripe announced that they would be ending their relationship with Gab. Hosting providers followed soon after, and the website was nonfunctional by Monday morning.

In an interview with NPR aired Monday, Torba defended leaving up Bowers’ post from the morning of the shooting.

“Do you see a direct threat in there?” Torba said. “Because I don’t. What would you expect us to do with a post like that? You want us to just censor anybody who says the phrase ‘I’m going in’? Because that’s just absurd.”

EU Agency: Air Pollution Still Exceeds Limits, Must Improve

The European Union’s environmental agency says air pollution is slowly improving across the continent but still exceeds the bloc’s limits and guidelines from the U.N. health agency.

The European Environment Agency on Monday issued its 2018 report on air quality and said emissions from road traffic, agriculture, energy production, industry and households are churning out pollutants like particulate matter, nitrogen dioxide and ground-level ozone.

Agency head Hans Bruyninckx said: “Air pollution is an invisible killer and we need to step up our efforts to address the causes.”

He said Europe must “redouble its efforts to reduce emissions caused by transport, energy and agriculture and invest in making them cleaner and more sustainable.”

The report was based on more than 2,500 monitoring stations across Europe in 2016, the latest available data.

 

 

 

Rising Seas Forcing Changes on Maryland’s Historic Eastern Shore Farms

The fields grow shoulder-high with weeds out the window of Bob Fitzgerald’s Ford pickup. The drive through Fitzgerald’s neighborhood in Princess Anne, Maryland, is a tour of dying forests and abandoned cropland.

“A few years ago, all of this was a good farm,” he said. “And it’s gone, as a farm.”

The land along the shores of the Chesapeake Bay has been sinking for centuries. But climate change is adding a second whammy. As the sea level rises, salt water is seeping into the water table, deeper and deeper inland. The ground is becoming too salty for crops to grow. 

Maryland’s Eastern Shore is home to some of the oldest farms in America. Fitzgerald’s dates back to 1666. He’s seen big changes in his lifetime.

“You just can’t believe how it’s taking things over in the last 15 or 20 years,” Fitzgerald said. “I can show you land around here that people raised tomatoes on when I was a little boy. And now it’s gone.”

Around the world, scientists warn that coastal farms are under threat from rising seas and encroaching salt water. A World Bank report estimates rice yields in coastal areas of Bangladesh may fall by more than 15 percent by 2050. Another report found that hundreds of millions of people will likely be displaced by rising waters.

Kate Tully aims to help keep Eastern Shore farmers in business as the seas rise. 

The University of Maryland agroecologist had seen the “ghost forests” of dying pine trees killed by the increasingly salty soil. When she started looking at maps, she said, “I realized that a lot of the land that was upslope wasn’t just forests, it was farms. And so I started poking around and talking to people and asking if this was an issue on farms.”

It was. But “a lot of people hadn’t really been talking about it” outside their own communities, she said. 

With a new $1.1 million research grant from the U.S. Department of Agriculture, Tully and her colleagues are aiming to give farmers options.

Test plots scattered around the Eastern Shore are trying out different crops.

“One thing that I’m very pleasantly surprised about is how well the sorghum does,” Tully said. The grain crop may be a good choice to feed the roughly 600 million chickens raised in the region each year. It’s a hardy crop that can handle salt, drought and heavy rains.

Tully’s group is also testing barley to supply the growing microbrew industry; the oilseed canola; switchgrass, a possible biofuel crop; and salt-tolerant soybeans. 

Just being able to grow a crop isn’t enough, though. It also has to be profitable. An economist on the team will be running the numbers.

“I never want to recommend something that would make farmers go out of business,” Tully said.

But farming the land may not be the best option. Another choice is to give in to nature and turn fields into wetlands. 

Wetlands attract waterfowl. Waterfowl attract hunters.

“There’s money in duck hunting,” Tully said. Hunting clubs will pay farmers for exclusive access to wetlands on their property. “It can be a lucrative pathway.”

Tully and her colleagues are just getting started. It will be a few years before they have recommendations for what will sustain communities that have been farming this land for centuries. 

“There’s a lot of history there. And as these seas rise, some of that history is going underwater,” Tully said. “And I find that to be a pretty moving, pretty motivating reason to try to figure out what we can do for these farmers.”

Shoppers May Face Hard Choices Again on Health Marketplaces

Insurance shoppers likely will have several choices for individual health coverage this fall. The bad news? There’s no guarantee they will cover certain doctors or prescriptions.

Health insurers have stopped fleeing the Affordable Care Act’s marketplaces and they’ve toned down premium hikes that gouged consumers in recent years. Some are even dropping prices for 2019. But the market will still be far from ideal for many customers when open enrollment starts Thursday.

Much of the insurance left on the marketplaces limits patients to narrow networks of hospitals or doctors and provides no coverage outside those networks.

Plus these plans can still be unaffordable for people who don’t receive help from the ACA’s income-based tax credits, and they often require patients to pay several thousand dollars toward their care before most coverage starts.

“People understand that things are kind of screwed up,” said Chicago-area broker Robert Slayton. “My objective is to give them what reality is, to give them options. Their job is to choose what may work.”

The ACA expanded coverage to millions of Americans when it established state-based marketplaces where people can buy a plan if they don’t get insurance through work or qualify for government programs like Medicaid. But the expansion has been rough.

Several insurers pulled back from these markets after being swamped with higher-than-expected costs. Many that remained jacked up prices or started limiting the hospitals and doctors included in their coverage networks.

Those narrow networks give insurers leverage to negotiate better rates that can lead to lower coverage prices, and the consulting firm McKinsey & Co. has found that the quality of their hospitals is comparable to broader networks.

Plans with narrow networks will cover necessary specialists like cardiologists, but they often exclude out-of-state care providers or academic medical centers, which tend to be more expensive.

They can pose problems for patients who have more than one physician or want to keep a doctor covered under a previous plan.

Jodi Smith Lemacks is nervous about changing or losing her job because that could mean cutting off her 15-year-old son Joshua from heart specialists he’s seen his entire life. The Richmond, Virginia, resident said she looked last year for options on the ACA’s marketplace to trim the coverage bill she pays through work.

She didn’t find any plans that would cover his current doctors, including some at the Children’s Hospital of Philadelphia, who treat his congenital heart disease.

“The issue with kids like Joshua is, it really matters, it’s life or death where you go,” she said.

Plans with some form of a limited network made up more than half of the choices offered for 2017 on the ACA’s marketplaces, according to the latest numbers from McKinsey. That coverage was particularly common in the price range where most consumers shop, which is within 10 percent of the lowest-priced plan.

These plans grew more common from 2014 to 2017, especially in cities where insurers could choose between competing hospital networks. But that trend has since stabilized, said McKinsey’s Jim Oatman.

Even so, brokers aren’t expecting narrow networks to go away. In some markets like St. Louis, they were the only option shoppers had among 10 plan choices for this year.

The narrow networks are grouped by hospital systems, and broker Kelly Rector has several customers who see doctors in different systems. She advises them to pick their coverage based on which doctor is most important and drop the others for in-network options.

Plans with narrow networks can make it harder to simply get to the doctor, especially if it’s a specialist.

Wichita Falls, Texas, residents with individual coverage have to drive nearly two hours to see an in-network neurologist, insurance agent Kelly Fristoe said. That can be stunning to customers who buy an individual plan after having coverage through work, which tends to come with wider networks.

“They don’t like it,” Fristoe said. “They’re forced to make a change, and they have to go establish themselves with a new specialist.”

Debbie Dean lives 15 minutes from a suburban Chicago hospital, but she’ll have to travel about an hour to an in-network location if she wants surgery on her injured shoulder. Dean couldn’t find affordable coverage that included the nearby hospital when she bought her 2018 plan.

Instead, she settled on insurance that comes with a $6,000 annual deductible she has to pay before most coverage starts. That, plus the travel distance, keeps her from seeking help.

“I’m grateful that I have coverage, but it’s really cruddy coverage,” she said. “I sit here with my shoulder killing me every day.”

Narrow-network plans with their lower prices can be good for shoppers who aren’t tied to a doctor and just want protection from big medical bills, said Paul Rooney, a vice president with the online insurance broker eHealth.

“They’re younger and they’re healthier and they’re thinking, ‘I’m going to get this coverage in case I hurt my knee playing basketball,’” he said.

But it can be tough for consumers when shopping to know if there’s a decent selection of doctors nearby until they need one.

People who “have the most to lose from having a narrow-network plan are those who have something unexpected happen to them,” said Daniel Polsky, a University of Pennsylvania economist.

DRC Health Ministry: Children Dying of Ebola at Unprecedented Rate

Children in eastern Democratic Republic of Congo are dying from Ebola at an unprecedented rate due largely to poor sanitary practices at clinics run by traditional healers, the health ministry said on Sunday.

The impact on children has been felt acutely in the city of Beni, which has emerged as the outbreak’s new epicenter. Of 120 confirmed Ebola cases in Beni, at least 30 are under 10-years-old, and 27 of them have died, according to health ministry data.

Many children affected by an unrelated malaria outbreak near Beni are thought to have contracted Ebola at clinics run by traditional healers who have also treated Ebola patients, said Jessica Ilunga, a spokeswoman for the health ministry.

“There is an abnormally high number of children who have contracted and died of Ebola in Beni. Normally, in every Ebola epidemic, children are not as affected,” Ilunga told Reuters.

“Traditional healers use the same tools to treat everyone. And the child who has entered a traditional healer’s clinic with malaria comes out with Ebola and dies several days later,” she said.

The rate of new cases in eastern Congo has accelerated in recent weeks. An emergency World Health Organization committee said earlier this month that the outbreak was likely to worsen significantly unless the response was stepped up.

The health ministry reported nine new confirmed cases late on Saturday — seven in Beni and two in the city of Butembo — the biggest one-day day jump since the outbreak was declared on Aug. 1.

The hemorrhagic fever is believed to have killed 168 people and infected another 98 in North Kivu and Ituri provinces, where attacks by armed groups and community resistance to health officials have complicated the response.

Congo has suffered 10 Ebola outbreaks since the virus was discovered near its eponymous Ebola River in 1976. The current one now ranks third in terms of number of confirmed cases.

 

Japan, India Leaders Build Ties Amid Trade, Security Worries

The leaders of Japan and India are reaffirming their ties amid growing worries about trade and regional stability.

Indian Prime Minister Narendra Modi, who arrived Saturday, was meeting Japanese Prime Minister Shinzo Abe at a resort area near Mount Fuji on Sunday. Modi is also visiting a nearby plant of major Japanese robot maker Fanuc.

 

Relations with China are a major issue shared by Modi and Abe, as their cooperation may balance China’s growing regional influence and military assertiveness.

 

“The India-Japan partnership has been fundamentally transformed and it has been strengthened as a ‘special strategic and global partnership,'” Modi told Kyodo News service. “There are no negatives but only opportunities in this relationship which are waiting to be seized.”

 

Modi chose Japan among the first nations to visit after taking power four years ago. He has been urging countries in the Indo-Pacific region to unite against protectionism and cross-border tensions.

 

In another sign of closer relations, India and Japan are also set to hold their first joint military exercises involving ground forces, starting next month.

 

Abe has just returned from China, where he met President Xi Jinping and agreed the two nations were “sharing more common interests and concerns.”

 

President Donald Trump’s policies that have targeted mostly China with tariffs, but also Japan and other nations, accusing them of unfair trade practices, are working to prod India and Japan to promote their economic ties.

 

The Japanese Foreign Ministry said the leaders had lunch at a hotel in Yamanashi Prefecture, west of Tokyo, and exchanged a wide range of views on pursuing “a free and open” Indo-Pacific region. Abe told Modi about his recent trip to China, and both sides agreed on the need to cooperate closely on getting North Korea to drop nuclear weapons development, the ministry said in a statement.

 

Japan’s investment in India still has room to grow. Japan is helping India build a super-fast railway system.

 

Abe has made bolstering and opening the nation’s economy central to his policies called “Abenomics,” and has encouraged trade, foreign investment and tourism.

 

Although Japan has long seen the U.S. as its main ally, especially in defense, Abe is courting other ties. He has also been vocal about free trade, which runs counter to Trump’s moves to raise tariffs.

 

Earlier this year, Japan signed a landmark deal with the European Union that will eliminate nearly all tariffs on products they trade. European and Japanese leaders pledged to strengthen their partnership in defense, climate change and human exchange, to send what they called a clear message against protectionism.

 

Abe and Modi will hold a more formal summit Monday in Tokyo.

 

 

 

 

French FinMin: Eurozone not Prepared Enough to Face New Crisis

There is no risk of contagion from Italy’s budget crisis in the European Union but the euro zone is not prepared enough to face a new economic crisis, French Finance Minister Bruno Le Maire told daily Le Parisien on Sunday.

The European Commission rejected Italy’s draft 2019 budget earlier this week for breaking EU rules on public spending, and asked Rome to submit a new one within three weeks or face disciplinary action.

“We do not see any contagion in Europe. The European Commission has reached out to Italy, I hope Italy will seize this hand,” he said in an interview.

“But is the eurozone sufficiently armed to face a new economic or financial crisis? My answer is no. It is urgent to do what we have proposed to our partners in order to have a solid banking union and a euro zone investment budget.”

Eurozone officials have said that Rome’s unprecedented standoff with Brussels seems certain to delay the reform process and probably dilute it for good.

Le Maire also said French banks with branches in Italy had issued corporate and household loans totaling 280 billion euros ($319 billion).

“This sum is manageable but substantial,” he said.

 

 

 

 

 

 

 

Istanbul to Unveil New Airport, Seeks to be World’s Biggest

Recep Tayyip Erdogan has held plenty of grand opening ceremonies in his 15 years at Turkey’s helm. On Monday he will unveil one of his prized jewels — Istanbul New Airport —

a megaproject that has been dogged by concerns about labor rights, environmental issues and Turkey’s weakening economy.

Erdogan is opening what he claims will eventually become the world’s largest air transport hub on the 95th anniversary of Turkey’s establishment as a republic. It’s a symbolic launch, as only limited flights will begin days later and a full move won’t take place until the end of the year.

 

Tens of thousands of workers have been scrambling to finish the airport to meet Erdogan’s Oct. 29 deadline. Protests in September over poor working conditions and dozens of construction deaths have highlighted the human cost of the project.

 

Istanbul New Airport, on shores of the Black Sea, will serve 90 million passengers annually in its first phase. At its completion in ten years, it will occupy nearly 19,000 acres and serve up to 200 million travelers a year with six runways. That’s almost double the traffic at world’s biggest airport currently, Atlanta’s Hartsfield-Jackson.

 

“This airport is going to be the most important hub between Asia and Europe,” Kadri Samsunlu, head of the 5-company consortium Istanbul Grand Airport, told reporters Thursday.

 

The airport’s interiors nod to Turkish and Islamic designs and its tulip-shaped air traffic control tower won the 2016 International Architecture Award. It also uses mobile applications and artificial intelligence for customers, is energy efficient and boasts a high-tech security system.

 

All aviation operations will move there at the end of December when Istanbul’s main international airport, named after Turkey’s founder Mustafa Kemal Ataturk, is closed down. Ataturk Airport now handles 64 million people a year. On the Asian side of the city, Sabiha Gokcen Airport handled 31 million passengers last year. It will remain open.

 

Erdogan is expected to announce the official name of the new airport, part of his plan to transform Turkey into a global player.

 

Turkish Airlines will launch its first flights out of the new airport to three local destinations: Ankara, Antalya and Izmir. It will also fly to Baku and Ercan in northern Cyprus.

 

Nihat Demir, head of a construction workers’ union, said the rush to meet Erdogan’s deadline has been a major cause of the accidents and deaths at the site that employs 36,000 people.

 

“The airport has become a cemetery,” he told The Associated Press, describing the pressure to finish as relentless and blaming long working hours for leading to “carelessness, accidents and deaths.”

 

The Dev-Yapi-Is union has identified 37 worker deaths at the site and claimed more than 100 dead remain unidentified.

 

Turkey’s Ministry of Labor has denied media reports about hundreds of airport construction deaths, saying in February that 27 workers had died at the site due to “health problems and traffic accidents.” It has not commented since then.

 

Airport workers in September began a strike against poor working conditions, including unpaid salaries, bedbugs, unsafe food and inadequate transport to the site. Security forces rounded up hundreds of workers and formally arrested nearly 30, among them union leaders. The company said it was working to improve conditions.

 

Megaprojects in northern Istanbul like the airport, the third bridge connecting Istanbul’s Asian and European shores and Erdogan’s yet-to-start plans for a man-made canal parallel to the Bosporus strait are also impacting the environment. The environmental group Northern Forests Defense said the new airport has destroyed forests, wetlands and coastal sand dunes and threatens biodiversity.

 

These projects are spurring additional construction of transportation networks, housing and business centers in already overpopulated Istanbul, where more than 15 million people live. Samsunlu, the airport executive, said an “airport city” for innovation and technology would also be built.

 

The five Turkish companies that won the $29 billion tender in 2013 under the “build-operate-transfer” model have been financing the project through capital and bank loans. IGA will operate the airport for 25 years.

 

Financial observers say lending has fueled much of Turkey’s growth and its construction boom, leaving the private sector with a huge $200 billion debt. With inflation and unemployment in Turkey at double digits and a national currency that has lost as much as 40 percent of its value against the dollar this year, economists say Turkey is clearly facing an economic downturn.

 

Despite those dark financial clouds, the airport consortium hopes the world’s growing aviation industry will generate both jobs and billions of dollars in returns.

 

“Istanbul New Airport will remain ambitious for growth and we will carry on mastering the challenge to be the biggest and the best. That’s our motto,” Samsunlu said.

 

 

China to Give Pakistan ‘Grant’ as UAE Mulls $6B in Aid

China plans to provide an unspecified financial “grant” to Pakistan while the United Arab Emirates is actively considering Islamabad’s request for a fiscal relief package of up to $6 billion to help the country deal with a looming balance-of-payments crisis, Chinese and Pakistani officials say.  

News of the anticipated financial aid came days after Prime Minister Imran Khan secured more than $6 billion in immediate financial support from Pakistan’s close ally, Saudi Arabia, during an official visit to Riyadh. 

Pakistan urgently needs foreign currency to shore up its depleting reserves of less than $8 billion, which is barely enough for servicing its debt and paying import bills. 

Khan’s nascent government, which took office two months ago and has inherited a debt-ridden national economy, estimates the country urgently needs about $12 billion to fulfill domestic and external liabilities. 

Khan is to travel to Beijing Nov. 2-5 on his first official visit to the country, where he is scheduled to meet President Xi Jinping and his Chinese counterpart. 

Chinese diplomats in Islamabad have announced ahead of Khan’s visit that it will result in “good news” in terms of securing financial assistance for Pakistan. 

“During the visit of the prime minister, we will provide, hopefully, a grant to the Pakistani government. Please look forward to the outcome of this visit. There will be more good news to follow,” said Deputy Chinese Ambassador Lijian Zhao, when asked whether Beijing would provide Khan financial assistance similar to the package the Saudis have pledged. He declined to speculate on the size of the grant. 

Under the Saudi deal, Riyadh will deposit $3 billion in the coming days with the central State Bank of Pakistan for one year, as balance-of-payments support. Additionally, Saudi Arabia will export oil to Islamabad worth more than $3 billion on a deferred-payment basis over the next three years. 

Khan’s government has rejected reports of any conditions attached to the Saudi aid package. 

Federal Minister Haroon Sharif, chairman of the Board of Investment, said Saturday that the Pakistani government had formally submitted a financial request to a visiting UAE delegation similar to what Saudis have pledged. The Gulf state, he noted, is one of the biggest oil suppliers to Pakistan. 

The minister told local Dunya TV the UAE delegation “positively” noted the Pakistani request and has promised to return with possible options in the next few days.

“It is expected to be a good package. I am unable to share the figures, but I think it would more or less be similar to the one Saudi Arabia has announced [for Pakistan],” said Sharif, who accompanied Khan during his visit to Saudi Arabia and will be part of the Pakistani delegation traveling to China. 

​IMF bailout plan 

In addition to pushing friendly countries to provide fiscal relief, Khan’s government has also turned to the International Monetary Fund to seek a bailout package. Formal talks are scheduled to begin in Islamabad on Nov. 7. Pakistan has taken advantage of repeated IMF bailouts in the past several decades. 

Analysts say the Saudi financial package and expected aid from both China and the UAE will most likely boost Pakistan’s negotiating position and may mean the country will require a smaller IMF arrangement. 

During Khan’s visit to Beijing, officials said the two countries would sign “many agreements” to boost trade and investment ties and launch the second phase of the China-Pakistan Economic Corridor (CPEC), which is the flagship of Xi’s global Road and Belt Initiative. 

The two sides will sign a framework for launching industrial cooperation under CPEC and increasing Pakistani exports to China. 

CPEC, Khan’s visit to China 

The United States has persistently expressed concerns about the Chinese infrastructure and connectivity initiative, saying they are burdening partner nations like Pakistan with debt. The U.S. also criticized a lack of transparency about the terms of contracts under the infrastructure initiative and consequent effects on the economy, said Henry Ensher, acting deputy assistant secretary of state. 

He acknowledged in a speech in Washington this month the importance of China-led initiative. “But that role ought to be done, ought to be played in accordance with usual rules about the transparency and accountability so that people in countries that cooperate with China can see clearly what they are signing up for,” Ensher said. 

U.S. officials have already cautioned the IMF about entering into an arrangement with Pakistan, citing CPEC loans as a main factor for the country’s debt crisis and suspecting the IMF money would be used to pay back China. 

Islamabad and Beijing have vehemently rejected Washington’s assertions as “misplaced” and “irrelevant.” Both countries acknowledge Chinese loans under CPEC are just over 6 percent of Pakistan’s total domestic and external debts of about $95 billion.  

Since launching CPEC in 2013, China has invested $19 billion in Pakistan, building or upgrading its transportation network and power plants and putting into operation the key Arabian Sea port of Gwadar. 

The mega-project is expected to bring more than $62 billion to Pakistan in Chinese investment by 2030, ultimately linking Gwadar to the landlocked western Chinese region of Xinjiang and giving Beijing the shortest secure access to international markets. 

“We are building these projects totally based on mutual consultation and also mutual sharing. … Definitely, there is no private interest or unilateral interest from the Chinese side. We believe all the projects are mutually beneficial,” Yao Jing, Beijing’s ambassador to Islamabad, told reporters at the sprawling Chinese Embassy on Friday.