Category Archives: Money

Amazon Rainforest is On Fire

By: Jessie Yeung of CNN

Fires are raging at a record rate in Brazil’s Amazon rainforest, and scientists warn that it could strike a devastating blow to the fight against climate change.
The fires are burning at the highest rate since the country’s space research center, the National Institute for Space Research (known by the abbreviation INPE), began tracking them in 2013, the center said Tuesday. 
There have been 72,843 fires in Brazil this year, with more than half in the Amazon region, INPE said. That’s more than an 80% increase compared with the same period last year.
The Amazon is often referred to as the planet’s lungs, producing 20% of the oxygen in the Earth’s atmosphere.

It is considered vital in slowing global warming, and it is home to uncountable species of fauna and flora. Roughly half the size of the United States, it is the largest rainforest on the planet.

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Garlic Fest Shooting 4 Dead and 15 Injured

By: Stephen Ellison of NBC

Four people were killed, including a 6-year-old boy, and 15 were wounded Sunday as two gunmen opened fire at the Gilroy Garlic Festival in Gilroy, California. 

One of the suspects was shot and killed, and a second suspect was still on the loose late Sunday, sources told NBC Bay Area.

A 6-year-old boy was among those killed, according to members of his family.

Police and emergency personnel responded to reports of an active shooter incident at Gilroy’s Christmas Hill Park about 5:40 p.m. As of 9:30 p.m. the scene was still active, with multiple agencies searching for the outstanding suspect, according to Gilroy police.

Gilroy police Chief Scot Smithee said he anticipated police remaining at  the scene overnight.

Officials with Santa Clara Valley Medical Center said they received five victims from the shooting, including two major trauma victims from St. Louise Hospital in Gilroy.

St. Louise initially received six gunshot wound victims, and of the four that remained there, one died, a hospital spokesperson said. 

An official with Regional Medical Center in San Jose said the hospital received four victims, one of which was in critical condition.

One witness told NBC Bay Area he was on his way out of the festival when he felt a bullet pass by his head, and when he turned around, he saw everyone running.

Another witness told NBC Bay Area some people were stranded at nearby Las Animas Elementary School.

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Trump Could Be Charged After He Leaves Office

By: Betsy Woodruff & Sam Brodey of The Daily Beast

Special Counsel Robert Mueller told Congress on Wednesday that he did not exonerate President Trump and that he could, in fact, be indicted after he leaves office. And he hinted that he believes Trump’s written answers to questions may have contained falsehoods.

In a curt exchange with Colorado Republican Rep. Ken Buck, the former special counsel said the Justice Department’s legal rules don’t shield Trump from criminal charges after he’s out of the White House. 

“Could you charge the president with a crime after he left office?” Buck asked.

“Yes,” Mueller replied.  

“You believe that he committed––you could charge the president of the United States with obstruction of justice after he left office?” Buck asked.

“Yes,” Mueller replied.  

House Judiciary Committee Democrats, including Rep. Jamie Raskin, nodded excitedly through the exchange—the closest Mueller came to explaining the significance of his refusal to exonerate the president in his report on Russian interference in the 2016 election and possible obstruction by the White House. It followed a similar, shorter exchange earlier with the Democratic Judiciary chairman, Rep. Jerry Nadler. 

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HPV Vaccines has significantly cuts rates of cancer causing infections

By: Jessica Hamzelou of New Scientist

The HPV vaccine appears to be working. Countries with vaccination programmes are lowering the rate of virus infection, precancerous lesions and genital warts in girls and women. Boys and men are benefiting too, even when they aren’t vaccinated.

That’s the conclusion of a review of 65 studies across 14 high-income countries, including 60 million people, over eight years. “Our results provide strong evidence that HPV vaccination works to prevent cervical cancer in real-world settings,” says Mélanie Drolet of Laval University in Canada, who led the work.

HPV vaccination programmes are currently running in around 115 countries, says Marc Brisson, also at Laval University, who co-authored the study. It is too soon to measure how these programmes might impact rates of cervical cancer, so the team looked at rates of HPV infection and the incidence of precancerous lesions and anal and genital warts, which can result from infection.

The team found that, between five and eight years into a vaccination programme, the prevalence of two strains of HPV that the vaccine protects against dropped by 83 per cent among teenage girls and 66 per cent in women aged 20 to 24. The prevalence of the virus also dropped by 37 per cent in women aged between 25 and 29, even though most were unvaccinated.

The incidence of anogenital warts also dropped – by 67 per cent among girls aged 15 to 19, and 54 per cent in women aged 20 to 24. Diagnoses of anogenital warts was reduced in unvaccinated boys and men too – by 48 per cent in boys aged 15 to 19, and 32 per cent in men aged 20 to 24. This suggests that vaccinating girls and young women can protect boys and men too, thanks to herd immunity, says Brisson.

The team also looked at the incidence of precancerous lesions in girls and women. Cervical intraepithelial neoplasia (CIN) is the term given to abnormal cervical cells, which can be diagnosed as CIN1, CIN2 or CIN3. The latter two can develop into cervical cancer if untreated.

Diagnoses of CIN2 and CIN3 decreased by 51 per cent among 15 to 19-year-old girls between five and nine years into vaccination programmes. Incidence of these lesions in unvaccinated women, on the other hand, increased over the same period.

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Reparations Debate Takes Place In U.S

Compliments of BBC

Some witnesses said reparations would damage the relationship between white and black Americans, while others said it was imperative to achieve justice.

Several Democratic White House hopefuls have taken up the idea of reparations.

But Republican leader Mitch McConnell has made it clear no reparations bill will pass while he controls the Senate.

The House of Representatives judiciary subcommittee on the constitution, civil rights and civil liberties said Wednesday’s hearing would examine “the legacy of the Trans-Atlantic Slave Trade, its continuing impact on the community and the path to restorative justice”.

Lawmakers considered a bill proposed by Texas Democrat Sheila Jackson-Lee to set up a commission to study the question of reparations for slavery.

Hundreds of people lined up outside the hearing venue and filled the overflow room to watch.

What are the arguments against reparations?

Republican witness Coleman Hughes, an African-American writer and New York student, argued during the hearing that such restitution “would insult many black Americans by putting a price on the suffering of their ancestors”.

“If we were to pay reparations today, we would only divide the country further, making it harder to build the political coalitions required to solve the problems facing black people today.

The second Republican witness, African-American former NFL player Burgess Owens, also rejected the idea, saying: “What strangers did to other strangers 200 years ago has nothing to do with us because that has nothing to do with our DNA.”

Congressman Mike Johnson, a Louisiana Republican, was booed as he spoke against “the injustice of monetary reparations from current taxpayers for the sins of a small subset of Americans from many generations ago”.

The hearing was held on Juneteenth, which commemorates 19 June 1865 when Texas slaves finally learned they were free, two-and-a-half years after President Abraham Lincoln’s Emancipation Proclamation.

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Atmospheric Carbon Levels Are Reaching Dangerous Levels

By: Jon Queally of Common Dreams

Atmospheric levels of carbon registered 415 parts per million over the weekend at one of the world’s key measuring stations, a concentration level researchers say has not existed in more than 3 million years – before the dawn of human history.

Taken at the Mauno Loa Observatory in Hawaii by the Scripps Institution of Oceanography, the measure continues the upward trend of atmospheric carbon concentration that lies at the heart of the global warming and climate crisis:

415.26 parts per million (ppm) CO2 in air 11-May-2019 http://scripps.ucsd.edu/programs/keelingcurve/  First daily baseline over 415ppm

Writing on his Informed Comment blog Monday, historian Juan Cole said that life on Earth in that pre-historic era, known as the Pliocene Period, is not a place humans would recognize:

In the Pliocene, it was much hotter.

In the Pliocene, oceans were much higher, maybe 90 feet higher.

That is our fate, folks. That is what 415ppm produces. It is only a matter of time, and some of the sea level rise will come quickly.

Amsterdam, New Orleans, Lisbon, Miami – the list of cities that will be submerged is enormous.

Elsewhere online, reaction to the unsettling milestone was met with a mix of frustration, alarm, and fresh demands for urgent action to address the crisis.

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Mexico Wants To Decriminalize Drugs With The Help of U.S.A

By: Jason Lemon of Newsweek

Mexico’s president released a new plan last week that called for radical reform to the nation’s drug laws and negotiating with the United States to take similar steps.

The plan put forward by the administration of President Andrés Manuel López Obrador, often referred to by his initials as AMLO, calls for decriminalizing illegal drugs and transferring funding for combating the illicit substances to pay for treatment programs instead. It points to the failure of the decades-long international war on drugs, and calls for negotiating with the international community, and specifically the U.S., to ensure the new strategy’s success.

“The ‘war on drugs’ has escalated the public health problem posed by currently banned substances to a public safety crisis,” the policy proposal, which came as part of AMLO’s National Development Plan for 2019-2024, read. Mexico’s current “prohibitionist strategy is unsustainable,” it argued.

The document says that ending prohibition is “the only real possibility” to address the problem. “This should be pursued in a negotiated manner, both in the bilateral relationship with the United States and in the multilateral sphere, within the [United Nations] U.N.,” it explained.

Drug reform advocates have welcomed AMLO’s plan. Steve Hawkins, executive director of the Marijuana Policy Project, told Newsweek that the Mexican president’s plan “reflects a shift in thinking on drug policy that is taking place around the world, including here in the U.S.”

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Instagram To Hide Likes

By: Hamza Shaban of Washington Post

Instagram will test hiding the number of likes and views that photos and videos receive — a central aspect of its platform — to rein in competitive tendencies and make the experience a little “less pressurized.”

Instagram’s head, Adam Mosseri, said the change is designed to minimize the stress of posting online, where users can fixate on how many likes their videos draw. “We want people to worry a little bit less about how many likes they’re getting on Instagram and spend a bit more time connecting with the people that they care about,” he said Tuesday during Facebook’s annual developer conference, F8.

In the test run, which will roll out in Canada this week, the Facebook-owned site will display user posts as it would normally, but people scrolling through the feed won’t see like counts. Account owners will still be able to check the tallies on their own photos and videos by clicking through a prompt.

Mosseri said the experiment is part of a broader effort to rethink the fundamentals of how Instagram works and create a more welcoming experience. The company also is testing a redesigned profile page that de-emphasizes follower counts. “We don’t want Instagram to feel like a competition, we want to make it a less pressurized environment,” he said.

The psychological drawbacks of social media use have gained more attention in recent years, with parents, consumer advocates and even tech companies pointing to its potential to increase anxiety and social isolation. Technologists also have taken issue with popular social media platforms that place engagement metrics at center stage, encouraging users to maximize those figures by spending more time on the site and perpetuating a feedback loop of notifications and social validation.

Though shielding like counts might curtail strategic efforts to punch up engagement numbers on Instagram, other troublesome aspects like social exclusion won’t be addressed with the change, said Karen North, a professor at the University of Southern California with expertise in social media and psychology. Young people might still feel left out, or worse, if they see their friends posting from parties and other social events without them, and then read the comments that follow. Neither is directly tied to likes, she said.

Hiding the counts could potentially introduce new problems for users, such as diminishing the feeling of camaraderie from liking a popular post tied to a social cause or a massive in-joke. “While we can focus on the negative side of comparing likes, it is also true that people enjoy the game of supporting a post, a friend or an influencer,” she said.

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Sharing Economy Helping or Hurting?

By: Ephrat Livni of QZ

No kid ever dreamed of growing up and driving for Uber or styling for Stitch Fix. In part, that’s because none of those companies existed when most of today’s adults were young. It’s also because, besides its much-touted “flexibility,” the gig economy isn’t much of a place to build a career. Instead, over the course of less than a decade, the self-described “tech companies” that connect people to gig work have managed to erode hard-fought labor protections in place for a century.

In Hustle and Gig, to be published in March by University of California Press, sociologist Alexandrea Ravenelle interviews 80 gig workers who are struggling, striving, and succeeding. She analyzes their stories in the context of US employment history and concludes that “for all its app-enabled modernity, the gig economy resembles the early industrial age…the sharing economy is truly a movement forward to the past.”

Although gig work was initially seen as a way to maximize worker freedom and create opportunities, it has, in its short history, proven corrosive. Ravenelle notes that a small percentage of people are making lots of money via side hustles, but they tend to be those who need it least. For example, she speaks to independent hoteliers in New York renting out rooms and apartments via AirBnB, including a corporate lawyer and a man with a chain of laundromats. Because they already had capital, have steady sources of income apart from their side gigs, and are willing to skirt rental laws, these two individuals are able to invest heavily in their “gigs” and create lucrative businesses.

Sadly, those who most need to work can find themselves trapped in a cycle of struggle. Ravenelle interviewed men and women signed up to do tasks on Task Rabbit—prior to its acquisition by IKEA—and who drove for Uber, for example. They were not employees and so had no health insurance, workers’ compensation protections, employer contributions to Social Security and payroll taxes, paid time off, family leave protections, discrimination protections, or unemployment insurance benefits.

Sometimes, this gig work also requires an initial outlay of capital. (My own neighbor just traded in her old vehicle for a new car, taking on thousands of dollars in debt so that she can make extra money driving for Lyft.) At the very least, a potential worker needs a smartphone and wi-fi service. Ravanelle’s book boasts an image inside of a young man in a park panhandling for $30 to activate his phone service so that he can start picking up work.

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Billionaires Send Money To Rebuild Notre Dame

By: Katy Clifton and Harriet Brewis of Evening Standard

It comes after billionaire Bernard Arnault’s family and his LVMH luxury goods group said they were donating 200 million euros to “show their solidarity at this time of national tragedy”.

The iconic tourist spot was engulfed by a raging fire on Monday night that caused its main spire and roof to collapse.

A statement from the Arnault family said: “The Arnault family and the LVMH group would like to show their solidarity at this time of national tragedy, and are joining up to help rebuild this extraordinary cathedral, which is a symbol of France, of its heritage and of French unity.”

The donation brings the total amount raised to more than 600 million euros, after French billionaire Francois-Henri Pinault and major French oil and gas company Total both pledged 100 million towards the reconstruction. 

Mr Pinault, married to actress Salma Hayek, is quoted in French media as saying he and his father, Francois, decided to donate to help with the “complete reconstruction” of Notre Dame.

The younger Mr Pinault is chief executive of international luxury group Kering, which owns brands such as Gucci and Yves Saint Laurent, and is the president of French holding company Groupe Artemis, which owns the Christie’s auction house.

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