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tongoscar

Quartz - Global business news and insights - 0 views

  • Climate change is already here. It’s not something that can simply be ignored by cable news or dismissed by sitting US senators in a Twitter joke.
  • Instead, we are seeing its creeping effects now—with hurricanes like Maria and Harvey that caused hundreds of deaths and billions of dollars in economic damage; with the Mississippi River and its tributaries overflowing their banks this spring,
  • Climate change is, at this very moment, taking a real toll on wildlife, ecosystems, economies, and human beings, particularly in the global south, which experts expect will be hit first and hardest.
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  • “The amount of change that we’re going to see—whether it’s serious, whether it’s dangerous, whether it’s devastating, whether it’s civilization-threatening—the amount of change we’re going to see is up to us,” she continued. “It depends on our choices today and in the next few years.”
  • Houston’s starting to get hot. It’s now about one degree fahrenheit warmer in Houston than it was in the second half of the 20th century. Houstonians can expect especially balmy falls this decade, as autumns are warming faster than other seasons in Texas.
  • This decade, St. Louis is expected to be more than two degrees fahrenheit warmer than it was, on average, during the latter half of the 20th century. While locals have endured more sweltering summer days, they have felt the change the most during the cold months.
  • Warmer air holds more water, which can lead to more severe rainfall. In recent years, rainstorms have pummeled the Midwest and led to widespread flooding across the region. In 2019 in St. Louis, rivers reached near-historic levels, and floodwaters inundated the area around the city’s iconic Gateway Arch.
  • For San Franciscans, the beginning of the decade will feel only a little different from past years. In 2020, it’s expected to be less than one degree fahrenheit warmer in San Francisco than it was, on average, between 1950 and 2000.
  • But there are new worries for the city. Rising temperatures have fueled ongoing drought in recent years, which has, in turn, led to more wildfires. Fires now burn more regularly across the Sierra Nevada as well as coastal mountain ranges.
  • By 2030, temperatures are expected to have warmed almost two degrees fahrenheit in Houston. Seas are expected to have risen a little more than a foot, enough to occasionally flood some low-lying areas outside the city.
tongoscar

Huawei is growing faster than any other smartphone manufacturer − and Apple s... - 0 views

  • Huawei’s market share is growing fast, thanks to its focus on the Chinese smartphone market.
  • One competitor who may be alarmed by these emerging figures is Apple. In the third quarter of 2018 the two companies had an almost identical share of the global smartphone market, Apple had 13.2% to Huawei’s 14.6%.
  • Huawei shipped higher volumes than expected as it shifted focus to its domestic market, particularly in lower-tier cities, and increased inventories given the unknown future with Google Mobile services.
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  • “While a sentiment of nationalism has helped to bolster Huawei in China, solid relationships with the local channel players has been key, offering favourable distributor terms and a well-rounded product portfolio. Nevertheless, there will be challenges ahead with 4G inventory to clear while consumers wait for affordable 5G products to hit the market.”
tongoscar

Huawei Shoots Up 66% As Apple Plummets: China Has Given Its Blacklist Verdict - 0 views

  • One of Huawei’s greatest defences in its ongoing battle against Washington and the blacklist imposed by the Trump administration has been its stronghold at home.
  • The Shenzhen tech giant knows that the impact of the blacklist is limited by unwavering support at home,
  • Android, its biggest international issue, has no impact on smartphone sales—Google’s software and services are unavailable in China.
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  • All that said, Huawei’s performance in pushing out smartphones in the third quarter was extraordinary.
  • “this is Huawei’s sixth consecutive quarter of double-digit growth amid a gloomy China market.” The company posted 66% annual growth, reaching a staggering 42% smartphone market share.
  • Apple has been desperate to hold onto a sensible market share in China, but this latest drop of 28% on the same quarter a year before takes it down to its lowest quarterly level for five years.
  • And given this is the world’s largest smartphone market, that dominance carries significant weight. The overall China market has shrunk slightly year-on-year, down 3%.
  • But of the 97.8 million devices that did ship in the quarter, Huawei had its brand stamped on a staggering 41.5 million of them.
  • “Huawei is in a strong position to consolidate its dominance further amid 5G network rollout.”
  • Clearly, Apple’s year-on-year quarter three drop has been a year in the making, But its challenge is that with a 5G offering a year away, it risks further China slippage as the market adopts smartphones capable of a generational shift in network speeds.
  • Most analysts still expect Huawei to start to take a hit as its newest devices reach the international markets absent core U.S. tech—read Google and full-fat Android. But no-one had expected the level of performance at home that Huawei has managed.
  • Germany’s foreign intelligence chief, has warned that Huawei should not be trusted as a core network supplier.
tongoscar

China says it banning US military visits to Hong Kong - CNN - 0 views

shared by tongoscar on 02 Dec 19 - No Cached
  • China will ban US warships and military aircraft from making stops in Hong Kong in the wake of Washington passing legislation supporting the territory's pro-democracy protesters,
  • "In response to the unreasonable behaviors of the US side, the Chinese government decides to suspend the review of requests by US military ships and aircraft to visit Hong Kong as of today," Chinese Foreign Ministry spokeswoman Hua Chunying said at a news conference in Beijing.
  • Hua also announced that Beijing would impose sanctions on several US non-governmental human rights organizations that have been monitoring and reporting on the protests in Hong Kong.
tongoscar

CDC has confirmed 34 cases of novel coronavirus in the US - CNN - 0 views

shared by tongoscar on 22 Feb 20 - No Cached
  • US officials have now confirmed 34 cases of novel coronavirus in the country, according to an announcement Friday by the US Centers for Disease Control and Prevention.These include 21 cases among repatriated individuals, as well as 13 US cases.
  • "We are keeping track of cases resulting from repatriation efforts separately because we don't believe those numbers accurately represent the picture of what is happening in the community in the United States at this time,"
  • The 21 repatriated include 18 former passengers of the Diamond Princess cruise ship that docked in Japan, plus three who had been previously evacuated from China.
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  • The 13th US case was confirmed overnight in Humboldt County, California. County officials offered few details but said a close contact with symptoms was also undergoing testing, and both are self-isolating at home.
  • "I think the folks on the ground did just the right thing, by -- out of an abundance of caution -- moving those 14 people into an isolation area where they pose no threat to themselves or anyone else, to provide room for a robust inter-agency discussion between not just CDC and state, but really the operational elements of HHS,"
  • "At the end of the day, the State Department had a decision to make, informed by our inter-agency partners, and we went ahead and made that decision," Walters said. "And the decision, I think, was the right one in bringing those people home."
tongoscar

U.S. prepares for coronavirus pandemic, school and business closures: health officials ... - 0 views

  • The United States has yet to see community spread of the virus that emerged in central China in late December. But health authorities are preparing medical personnel for the risk, Nancy Messonnier, an official with the Centers for Disease Control and Prevention (CDC) told reporters on a conference call.
  • “We’re not seeing community spread here in the United States yet, but it’s very possible, even likely, that it may eventually happen,” Messonnier said.
  • “Our goal continues to be to slow the introduction of the virus into the U.S. This buys us more time to prepare communities for more cases and possibly sustained spread.”
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  • The World Health Organization has warned that the window of opportunity to contain the international spread of the epidemic that has killed more than 2,200 people was closing, as the virus has spread to some 26 countries with a large cluster in South Korea and recent outbreaks in Iran, Lebanon and Italy
  • “If we do well, we can avert any serious crisis, but if we squander the opportunity then we will have a serious problem on our hands,” WHO chief Tedros Adhanom Ghebreyesus said in Geneva.
  • The United States currently has 13 cases of people diagnosed with the virus within the country and 21 cases among Americans repatriated on evacuation flights from Wuhan, China, and from the Diamond Princess cruise ship in Japan, CDC said.
tongoscar

Coronavirus economic impact: Australia could be among world's hardest hit nations | Wor... - 0 views

  • Australia could be one of the countries worst affected by the economic impact of the coronavirus outbreak as factories in China remain shuttered and millions of people are confined to their homes and banned from travelling.
  • But evidence is mounting that China is suffering a significant slowdown. S&P has downgraded its growth forecast for the world’s second biggest economy to 5% this year from 5.75%, predicting that the impact would spread around the world, while it seems clear that China’s lockdown is set to deprive Australia of billions of dollars in revenue from big spending tourists and students.
  • “When you look at how this will affect other countries, what their exposure is to China, how big the economy is, what type of companies it has, then Australia ticks a lot of the boxes,” he said. “In terms of which countries will be most affected, we’re right up there.”
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  • “It’s not just the numbers of tourists – it’s that they spend quite a lot because of the way they travel with packages, how they get around and spending on shopping,” he says. “If that gets cut off it’s a material impact on the economy in Australia.”
  • However, some partial data released on Friday suggests the scale of the problem that is emerging, with figures showing that property sales in China’s so-called first-tier cities fell by 93% on 3-5 February compared with the same days last year. Railway passenger traffic was down 89% on 5 February.
tongoscar

What do tense US-Iranian relations mean for China, North Korea? | News | Al Jazeera - 0 views

  • Deepening fractures in the relationship between the United States and Iran pose economic headaches for China but create strategic opportunities for North Korea, experts say - one of many reverberations from the weeklong crisis.
  • Its top sources are Saudi Arabia and Iraq, which has been exporting 100,000 barrels of crude oil a day to China since October as part of an infrastructure deal.  Beijing is also the biggest buyer of Iran's crude, although imports have fallen since waivers from US sanctions expired last year. In November, the Communist state bought 547,758 metric tonnes (539,106 tons) of crude from Iran, well below April's 3.04 million tonnes, according to Chinese customs data.
  • Chinese President Xi Jinping's administration, which held naval war exercises with Iran and Russia in the Gulf of Oman last month, has sternly criticised the US for Soleimani's death but there is not much else it can do, according to analysts. "China is keen to avoid further strain in its relations with the US, as ensuring regional stability and ending trade war are currently its top foreign policy priorities," said Kaho Yu, a senior Asia analyst at consulting firm Verisk Maplecroft in Singapore.
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  • "The US taking out a top Iranian leader may cause Pyongyang to rethink the scale of its next provocation," Leif-Eric Easley, an associate professor of international studies at Seoul's Ewha University, wrote in a Tuesday note published on The Lowy Institute, an Australian think-tank. "Pyongyang may now point to Iran's case to justify resisting denuclearisation and enhancing its self-avowed strategic deterrent for regime survival," he continued.
  • In September, the White House slapped sanctions on various Chinese people and companies, including two COSCO Shipping Corporation units, for "knowingly engaging" in the transport of Iranian crude in breach of US sanctions on the Islamic Republic. Telecommunications giant Huawei, deemed a national security risk by the US, has also come under fire over alleged sanctions violations. Its chief financial officer Meng Wanzhou is currently battling extradition to the US on charges of fraud and misleading HSBC Holdings over Huawei's business in Iran.
  • Given the riskiness of US foreign policy actions, other countries may be unwilling to continue cooperating with Washington, he warned: "With the current escalation in Iran-US ties, other countries with an interest in seeing a nuclear-free North Korea may be less willing to trust the US' good faith." "This is particularly true as China and Russia continue to set themselves up as an alternative force for North Korean denuclearisation in contrast to the US-led campaign of sanctions," Rinna said.
tongoscar

Coronavirus infection cases spread further in Japan - Japan Today - 0 views

  • The latest cases in Tokyo and Hokkaido involved people with no recent travel history to China and came on the heels of Japan's first coronavirus death -- that of a woman in her 80s in Kanagawa Prefecture, whose son-in-law, a taxi driver, was also found to be infected with the virus.
  • One was a worker on a traditional yakatabune roofed party boat on which the taxi driver attended a New Year's party held Jan. 18 with his wife, while the other did not attend the party but is a staffer of a taxi union the driver belongs to, the Tokyo government said.
  • So far, more than 250 people in Japan -- 218 of whom are passengers and crew from a cruise ship quarantined in Yokohama -- have been found to be infected with the pneumonia-causing virus.
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  • While health minister Katsunobu Kato said there is "no reason for changing the government position that it has yet to reach a state of epidemic in Japan," infection of a Hokkaido resident in his 50s with no recent history of traveling abroad has been confirmed, the Hokkaido government said. The man is being treated at a hospital where he remains in serious condition.
  • Elsewhere in Japan, a female taxi driver in her 60s in Okinawa tested positive for the virus, becoming the first confirmed case of infection in the country's southernmost island prefecture or the Kyushu region, local authorities said.
  • The government has already sent four chartered planes and repatriated a total of 763 people from Wuhan and other areas of Hubei Province amid a wide-scale lockdown of the area. It is planning to send a fifth plane on Sunday to bring home more Japanese and family members who wish to leave the city, Foreign Minister Toshimitsu Motegi said.
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