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Javier E

Opinion | The OpenAI drama explains the human penchant for risk-taking - The Washington... - 0 views

  • Along with more pedestrian worries about various ways that AI could harm users, one side worried that ChatGPT and its many cousins might thrust humanity onto a kind of digital bobsled track, terminating in disaster — either with the machines wiping out their human progenitors or with humans using the machines to do so themselves. Once things start moving in earnest, there’s no real way to slow down or bail out, so the worriers wanted everyone to sit down and have a long think before getting anything rolling too fast.
  • Skeptics found all this a tad overwrought. For one thing, it left out all the ways in which AI might save humanity by providing cures for aging or solutions to global warming. And many folks thought it would be years before computers could possess anything approaching true consciousness, so we could figure out the safety part as we go. Still others were doubtful that truly sentient machines were even on the horizon; they saw ChatGPT and its many relatives as ultrasophisticated electronic parrots
  • Worrying that such an entity might decide it wants to kill people is a bit like wondering whether your iPhone would prefer to holiday in Crete or Majorca next summer.
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  • OpenAI was was trying to balance safety and development — a balance that became harder to maintain under the pressures of commercialization.
  • It was founded as a nonprofit by people who professed sincere concern about taking things safe and slow. But it was also full of AI nerds who wanted to, you know, make cool AIs.
  • OpenAI set up a for-profit arm — but with a corporate structure that left the nonprofit board able to cry “stop” if things started moving too fast (or, if you prefer, gave “a handful of people with no financial stake in the company the power to upend the project on a whim”).
  • On Friday, those people, in a fit of whimsy, kicked Brockman off the board and fired Altman. Reportedly, the move was driven by Ilya Sutskever, OpenAI’s chief scientist, who, along with other members of the board, has allegedly clashed repeatedly with Altman over the speed of generative AI development and the sufficiency of safety precautions.
  • Chief among the signatories was Sutskever, who tweeted Monday morning, “I deeply regret my participation in the board’s actions. I never intended to harm OpenAI. I love everything we’ve built together and I will do everything I can to reunite the company.”
  • Humanity can’t help itself; we have kept monkeying with technology, no matter the dangers, since some enterprising hominid struck the first stone ax.
  • a software company has little in the way of tangible assets; its people are its capital. And this capital looks willing to follow Altman to where the money is.
  • More broadly still, it perfectly encapsulates the AI alignment problem, which in the end is also a human alignment problem
  • And that’s why we are probably not going to “solve” it so much as hope we don’t have to.
  • it’s also a valuable general lesson about corporate structure and corporate culture. The nonprofit’s altruistic mission was in tension with the profit-making, AI-generating part — and when push came to shove, the profit-making part won.
  • When scientists started messing with the atom, there were real worries that nuclear weapons might set Earth’s atmosphere on fire. By the time an actual bomb was exploded, scientists were pretty sure that wouldn’t happen
  • But if the worries had persisted, would anyone have behaved differently — knowing that it might mean someone else would win the race for a superweapon? Better to go forward and ensure that at least the right people were in charge.
  • Now consider Sutskever: Did he change his mind over the weekend about his disputes with Altman? More likely, he simply realized that, whatever his reservations, he had no power to stop the bobsled — so he might as well join his friends onboard. And like it or not, we’re all going with them.
Javier E

Binance Guilty Plea Shows What Crypto's Really About - WSJ - 0 views

  • So it turns out that of the two largest crypto exchanges, one was a fraud and the other was a money launderer. Whoever could have guessed?
  • Skeptics of bitcoin and other cryptocurrencies have had their prejudices reinforced. The two main use cases—fraud and crime—have been exposed to the public in dramatic fashion, so now all we have to do is sit back and wait for the inevitable collapse in value.
  • There must be something underpinning this value, so what is it? Here are the options:
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  • Digital art: The latest fad in crypto is a bitcoin “ordinal,” digital art—or anything else—virtually inscribed on a fraction of a bitcoin in the digital ledger known as the blockchain.
  • The sudden demand supports bitcoin’s value, in the same way that shopping in bitcoin would. I don’t understand why anyone would pay a cent, let alone real money, to inscribe art in the bitcoin blockchain, but hey, whatever floats your boat. 
  • The rise in small bitcoin transactions also shows just how useless it is as a currency, and why it’s nonsensical to think bitcoin could ever be used as real money. The median fee leapt to more than $5 over the past week, even as transaction sizes plunged, an insane cost to pay for something invented as a payment method.
  • Crime: I was tempted a few years ago by the idea that the value of crypto could be underpinned by genuine transactions that need to avoid the financial system: buying illegal drugs; money laundering; avoiding sanctions; anonymous (but legal) pornography purchases; terrorist finance; and ransomware. 
  • Bitcoin’s moves over the past three years have been much closer to the S&P 500 than to gold or inflation. But stocks are an investment in real assets that pay dividends, while bitcoin produces nothing.
  • There was a time when savers in countries with dodgy currencies and bad governments would buy bitcoin or other crypto to escape devaluation and avoid capital controls. But the rise of stablecoins allows these savers to buy digital dollars without the pain of trying to open offshore bank accounts, so they have no need for other cryptocurrencies
  • Gambling: Crypto offers a store of volatility more than a store of value. Its volatility makes it an excellent way to bet, and the pretense that it is an investment asset gives speculators cover; it sounds much better to say you are a crypto trader than that you just bet $100,000 at the track.
  • Basing the value of an asset on speculation is risky, because the value depends on everyone else betting that it has value. But so long as the merry-go-round continues, it looks like it has value, and decentralized finance, or DeFi, provides the infrastructure for speculation in the language of Wall Street.
  • Digital gold: When it became clear that bitcoin was useless as a currency, its backers switched to claiming that it is a store of value, with its maximum issuance offering protection against the money-printing tendencies of the Federal Reserve. The argument was tested to destruction over the past two years. Inflation was last below the Fed’s 2% target in February 2021, when one bitcoin cost close to $50,000. By the time inflation peaked in June last year the price had collapsed to $20,000, the opposite of what it should have done.
  • Lots of that was going on, and Binance has paid the price for helping. Bitcoin isn’t a particularly good way to hide from the cops, anyway, as repeated police busts have demonstrated. Crypto has to clean up its act, so basing its value on illegal transactions no longer makes sense.
  • Bitcoin has failed to live up to its original promise of being cheap online cash, but crypto keeps on reinventing itself. It’s so technically satisfying that it must be the solution to something, but quite what remains a mystery.
Javier E

We're That Much Likelier to Get Sick Now - The Atlantic - 0 views

  • Although neither RSV nor flu is shaping up to be particularly mild this year, says Caitlin Rivers, an epidemiologist at the Johns Hopkins Center for Health Security, both appear to be behaving more within their normal bounds.
  • But infections are still nowhere near back to their pre-pandemic norm. They never will be again. Adding another disease—COVID—to winter’s repertoire has meant exactly that: adding another disease, and a pretty horrific one at that, to winter’s repertoire.
  • “The probability that someone gets sick over the course of the winter is now increased,” Rivers told me, “because there is yet another germ to encounter.” The math is simple, even mind-numbingly obvious—a pathogenic n+1 that epidemiologists have seen coming since the pandemic’s earliest days. Now we’re living that reality, and its consequences.
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  • ‘Odds are, people are going to get sick this year,’”
  • In typical years, flu hospitalizes an estimated 140,000 to 710,000 people in the United States alone; some years, RSV can add on some 200,000 more. “Our baseline has never been great,” Yvonne Maldonado, a pediatrician at Stanford, told me. “Tens of thousands of people die every year.”
  • this time of year, on top of RSV, flu, and COVID, we also have to contend with a maelstrom of other airway viruses—among them, rhinoviruses, parainfluenza viruses, human metapneumovirus, and common-cold coronaviruses.
  • Illnesses not severe enough to land someone in the hospital could still leave them stuck at home for days or weeks on end, recovering or caring for sick kids—or shuffling back to work
  • “This is a more serious pathogen that is also more infectious,” Ajay Sethi, an epidemiologist at the University of Wisconsin at Madison, told me. In the past year, COVID-19 has killed some 80,000 Americans—a lighter toll than in the three years prior, but one that still dwarfs that of the worst flu seasons in the past decade.
  • Globally, the only infectious killer that rivals it in annual-death count is tuberculosis
  • Rivers also pointed to CDC data that track trends in deaths caused by pneumonia, flu, and COVID-19. Even when SARS-CoV-2 has been at its most muted, Rivers said, more people have been dying—especially during the cooler months—than they were at the pre-pandemic baseline.
  • This year, for the first time, millions of Americans have access to three lifesaving respiratory-virus vaccines, against flu, COVID, and RSV. Uptake for all three remains sleepy and halting; even the flu shot, the most established, is not performing above its pre-pandemic baseline.
  • COVID could now surge in the summer, shading into RSV’s autumn rise, before adding to flu’s winter burden, potentially dragging the misery out into spring. “Based on what I know right now, I am considering the season to be longer,” Rivers said.
  • barring further gargantuan leaps in viral evolution, the disease will continue to slowly mellow out in severity as our collective defenses build; the virus may also pose less of a transmission risk as the period during which people are infectious contracts
  • even if the dangers of COVID-19 are lilting toward an asymptote, experts still can’t say for sure where that asymptote might be relative to other diseases such as the flu—or how long it might take for the population to get there.
  • it seems extraordinarily unlikely to ever disappear. For the foreseeable future, “pretty much all years going forward are going to be worse than what we’ve been used to before,”
  • although a core contingent of Americans might still be more cautious than they were before the pandemic’s start—masking in public, testing before gathering, minding indoor air quality, avoiding others whenever they’re feeling sick—much of the country has readily returned to the pre-COVID mindset.
  • When I asked Hanage what precautions worthy of a respiratory disease with a death count roughly twice that of flu’s would look like, he rattled off a familiar list: better access to and uptake of vaccines and antivirals, with the vulnerable prioritized; improved surveillance systems to offer  people at high risk a better sense of local-transmission trends; improved access to tests and paid sick leave
  • Without those changes, excess disease and death will continue, and “we’re saying we’re going to absorb that into our daily lives,” he said.
  • And that is what is happening.
  • last year, a CDC survey found that more than 3 percent of American adults were suffering from long COVID—millions of people in the United States alone.
  • “We get used to things we could probably fix.” The years since COVID arrived set a horrific precedent of death and disease; after that, this season of n+1 sickness might feel like a reprieve. But compare it with a pre-COVID world, and it looks objectively worse. We’re heading toward a new baseline, but it will still have quite a bit in common with the old one: We’re likely to accept it, and all of its horrors, as a matter of course.
Javier E

How China's buses shaped the world's EV revolution - BBC Future - 0 views

  • After around two decades of government support, China now boasts the world's largest market for e-buses, making up more than 95% of global stock. At the end of 2022, China's Ministry of Transport announced that more than three-quarters (77% or 542,600) of all urban buses in the country were "new energy vehicles", a term used by the Chinese government to include pure electric, plug-in hybrids, and fuel cell vehicles powered by alternative fuels such as hydrogen and methanol. In 2022, around 84% of the new energy bus fleet was pure electric.
  • . In 2015, 78% of Chinese urban buses still used diesel or gas, according to the World Resources Institute (WRI). The NGO now estimates that if China follows through on its stated decarbonisation policies, its road transport emissions will peak before 2030.
  • China is also home to some of the world's biggest electric bus manufacturers, such as Yutong, which has been raking up orders across China, Europe and Latin America.
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  • "China has really been at the forefront of success in conversion of all vehicles to electric vehicles, especially buses," says Heather Thompson, chief executive officer of the Institute for Transportation and Development Policy (ITDP), a non-profit focusing on sustainable transport solutions. "The rest of the world is trying to do the same, but I think China is really out ahead."
  • At the time of China's 2001 entry into the World Trade Organisation, the international automotive industry was dominated by European, US and Japanese brands. These companies had spent decades perfecting internal combustion engine technology. To compete, Beijing decided to find a new track for its auto industry: making cars that did not use conventional engines.
  • That same year, the central government launched the so-called "863 plan" for EV research and development. There were numerous practical challenges, however, in the way of mass electrification. Not many manufacturers were making new energy vehicles, buyers were few and there was a lack of charging infrastructure in existence. The answer? Buses.
  • "The Chinese government adopted a very smart strategy," says Liu Daizong, ITDP's East Asia director. "They realised quite early on that they should drive [the EV industry] through electric buses," he notes, since their public service status meant Beijing "could have a strong hand on their electrification".
  • "Bus routes were fixed. This means when an electric bus finished a round, it could return to the depot to recharge," explains Xue Lulu, a mobility manager at the World Resources Institute (WRI) China. The typical daily mileage of a Chinese bus ­– 200km (120 miles) – was a realistic range for battery makers to meet.
  • The following year, the country began its large-scale rollout of new energy buses, with the "Ten Cities and Thousand Vehicles" programme. Over three years, the programme aimed to provide 10 cities with financial subsidies to promote 1,000 public-sector new energy vehicles in each, annually. Its goal was to have 10% new energy vehicles in the country by the end of 2012.
  • Strong policy support from both central and regional governments "gave manufacturers confidence in setting up production lines and stepping up research efforts," says Liu.
  • Together, these strong and consistent government signals encouraged Chinese manufacturers to expand their EV production capacity, bring down costs and improve their technologies. One such company was Build Your Dream, better known as BYD. The Shenzhen-based firm, the world's largest EV maker in 2022, ballooned its business a decade before by supplying electric buses and taxis for China's EV pilot cities.
  • "Back then, most buses used diesel, which was a main source of nitrogen oxides (NOx) emissions," says Xue, referring to the air pollution that smothered Beijing and other Chinese cities in the early 2010s. Yet in 2013, a new plan from central government cited tackling air pollution as one of the reasons for rolling out EVs.
  • This addition proved to be critical: it not only connected EV uptake with people's health, it also indirectly tied the e-bus campaign to local officials' political performance, as the central government would soon hand air-quality targets to all provinces.
  • The years 2013 and 2014 proved to be important for China's EV push. For the first time, the central government made EV purchase subsidies available to individual consumers, not just the public sector, opening the floodgate to private ownership. Additionally, it offered discounted electricity tariffs to bus operators to make sure the cost of running electric buses would be "significantly lower than" that of their oil or gas-powered equivalents.
  • The new economic push, plus local government's determination to battle air pollution, generated great enthusiasm for e-buses. By the end of 2015, the number of EV pilot cities rocketed from 25 to 88. In the same year, the central government set a target of 200,000 new energy buses on the road by 2020 and announced a plan to phase out its subsidies for fossil-fuel-powered buses.
  • To further stimulate the market, many cities devised various local policies on top of national incentives. For example, Shenzhen, a southern city with a population of more than 17 million, encouraged government agencies to work with private companies to create a full range of renting mechanisms for bus operators
  • Different cities' bus operators also designed different charging strategies. "Buses in Shenzhen had bigger batteries, so they normally charged overnight," says Xue, of WRI China. Between 2016 and 2020, Shanghai, another electric bus hub, subsidised the electricity e-buses used -- regardless of the hours of the day -- to give them more flexibility in charging.
  • Generous financial support did lead to problems. In 2016, an EV subsidy fraud shook China, with some bus operators found to have exaggerated the number of e-buses they had purchased. So that same year Beijing shifted its EV subsidy rules so bus operators could only receive financial support when a bus's mileage reached 30,000km (19,000 miles).
  • one year later, the government announced the so-called "dual-credit" policy. This allowed new energy vehicle makers to rake up credits which they could sell for cash to those needing to offset "negative credits" generated from making conventional cars.
  • it wasn't only China's buses that had benefitted.China's e-bus campaign helped create a big and stable market for its wider EV industry, brought down the costs and created economies of scale. In 2009, the year the e-bus campaign was rolled out, the total number of new energy vehicles sold stood at 2,300; by 2022, it was 6.9 million, analysis by Huang Zheng,
  • By 2022, the country had also built the world's largest EV charging network, with 1.8 million public charging stations – or two-thirds of the global total – and 3.4 million private equivalents. This means that on average, there is one charging pillar for every 2.5 of China's 13.1 million new energy vehicles.
  • Cold weather is a problem, too, as it can make a battery's charging time longer and its range shorter. The reason China has not achieved 100% electrification for its buses is its northern regions, which have harsh winters, says Xue.
  • To make e-buses truly "green", they should also be charged with renewable power, Wang says. But last year coal power still accounted for 58.4% of China's energy mix, according to the China Electricity Council, a trade body..
  • Globally, however, China is now in a league of its own in uptake of e-buses. By 2018, about 421,000 of the world's 425,000 electric buses were located in China; Europe had about 2,250 and the US owned around 300. A
  • But earlier this year, the European Commission announced a zero-emission target for all new city buses by 2030. And some countries are increasing their overall funding for the transition.
  • In 2020, the European Commission approved Germany's plan to double its aid for e-buses to €650m (£558m/$707m), then again in 2021 to €1.25 billion euros (£1.07m/$1.3bn). And the UK, which last year had the largest electric bus fleet in Europe with 2,226 pure electric and hybrid buses, has announced another £129m ($164m) to help bus operators buy zero-emissions fleets.
  • Countries have thus responded to China's manufacturing lead in divergent ways. "While the US has opted for a more competitive angle by fostering its own e-bus production, regions like Latin America are more open to trade with China due to a more friendly trading setup through [China's] Belt and Road Initiative,"
  • In order to avoid direct competition from Chinese manufacturers, the US has come up with a "school-bus strategy", says Liu. The Chinese don't make the iconic yellow vehicles, so this could ignite American e-bus manufacturing and create a local industry chain, he suggests. Backed by the US Environmental Protection Agency's $5bn (£3.9bn) Clean School Bus Programme, the national effort has so far committed to providing 5,982 buses.
  • In contrast, many Latin American cities, such as the Colombian capital of Bogota and the Chilean capital of Santiago, are greening their traditional bus sectors with the help of Chinese manufacturers, who are the largest providers to the region. In 2020, Chile became the country that had the most Chinese e-buses outside of China, and this year Santiago's public transport operator announced it has ordered 1,022 e-buses from Beijing-based Foton Motor, the biggest overseas deal the firm had received.
  • Chinese manufacturers are likely to receive a lot more orders from Chile and its neighbours in this decade. According to latest research by the global C40 Cities network, the number of electric buses in 32 Latin American cities is expected to increase by more than seven times by 2030, representing an investment opportunity of over $11.3bn (£8.9bn)
  • In June 2023, BloombergNEF forecast half of the world's buses to be entirely battery-powered by 2032, a decade ahead of cars. And by 2026, 36% and 24% of municipal bus sales in Europe and the US, respectively, are expected to be EVs as they begin to catch up with China
  • To meet the global climate goals set by the Paris Agreement, simply switching the world's existing bus fleets might not be enough. According to ITDP, the cumulative greenhouse gas emissions from urban passenger transport globally must stay below the equivalent of 66 gigatonnes CO2 between 2020 and 2050 for the world to meet the 1.5C temperature goal. This emissions limit will only be possible when the world not only adopts electric buses, but goes through a broader shift away from private transport
  • "We can't just focus on [replacing] the buses that exist, we need to actually get many, many more buses on the streets," Thompson adds. She and her team estimate that the world would need about 10 million more buses through 2030, and 46 million more buses cumulatively through 2050, to make public transport good enough to have a shot at achieving the Paris Agreement. And all those buses will need to be electric.
  • In China therefore, even though EVs are being sold faster than ever, its central government has instructed cities to encourage public transport use, as well as walking and riding bikes.
  • In Wang's hometown, meanwhile, which has just over three million residents, the local government has gone one step further and made all bus rides free. All citizens need to do is to swipe an app, with no charge, to get onto the bus. "My aunt loves taking buses now," says Wang. "She says it is so convenient."
Javier E

At Canada's Northern College, Most of the Students are From India - The New York Times - 0 views

  • How a Canadian college — in a remote town most Canadians have never visited, where winters can feel subarctic — became a magnet for young Indians is the story of the many forces buffeting the country.
  • Public colleges and universities, hit hard by budget cuts, have grown dependent on the higher tuitions international students must pay. For students from abroad, the institutions can be a conduit to permanent Canadian residence, and for Canada, the students help reduce labor shortages and increase the country’s flagging productivity.
  • The Canadian government said it was on track to host 900,000 foreign students this year, three times as many as a decade ago.
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  • Indians make up the largest group by far, accounting for 40 percent of all international students across the country, according to the Canada Bureau for International Education. China ranks second, at 12 percent.
  • At Northern College, there were 40 international students in 2014 — now it has 6,140. Enrollment got a further boost after Northern, like other remote public colleges, opened a campus by partnering with a private college in a Toronto suburb in 2015. Today, about one-third of Northern’s foreign students are in Timmins and at three other smaller northern campuses, while the rest are on the Toronto campus.
  • Maninderjit Kaur said she would probably not have gone to Timmins if the education consultant in India — who arranged her enrollment at Northern — had told her the school’s exact location.
  • She recalled landing at the airport in Toronto in 2018, and then hopping into an Uber, believing that Northern College was nearby. The eight-hour ride cost 800 Canadian dollars.
  • Now, Ms. Kaur works in marketing at the college and owns a gas station in town with her fiancé, Karanveer Singh, 28, who also came from India to study at Northern.
  • Dr. Penner, the college’s president, believed she held an ace: Graduates of Northern and other public colleges may apply for a post-graduation work permit that could lead to permanent residence and citizenship.
  • Early childhood education is a popular major among international students because of the high demand for related jobs in the region, said Erin Holmes, who oversees the program at Northern. Dozens of international students are immediately hired after graduating, allowing them to apply for permanent residence, Ms. Holmes said.
  • Across Canada, the influx of foreign students has been so great that it is blamed for worsening housing shortages. The Canadian government has recently taken measures to stem the increase, including by doubling the level of savings international students must prove they have
Javier E

Transcript: Ezra Klein Interviews Nimrod Novik - The New York Times - 0 views

  • for years now, a group of hundreds of former senior defense and diplomatic officials in Israel have been saying this is a catastrophe — that it is a catastrophe for Israeli security, a catastrophe for Israeli democracy, a catastrophe for Israelis’ international standing, and a catastrophe for Israel’s soul. Their warnings seem quite prescient now.
  • they’ve argued there was another way. There was a huge amount Israel could do on its own and should have been doing, that if Israel is not going to tip into a kind of single state that it did not want and could not ultimately defend, that the conditions had to be created now for something else to emerge in the future.
  • One of the people working on that project was Nimrod Novik. He’s my guest today. Novik was a top aide to Shimon Peres when Peres was prime minister and vice premier. In that role, Novik was involved in all manner of negotiations with the Palestinians, with the Arab world, with the international community. He’s on the executive committee of Commanders for Israel’s Security, which is a group I mentioned a minute ago. And he’s an Israel fellow at the Israel Policy Forum.
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  • NIMROD NOVIK: The group that worked on it, called Commanders for Israel’s Security, it’s over 500 Israeli retired generals, as well as their equivalents from the Mossad, Shin Bet Security, National Security Council, the entire Israeli security establishment. And we formed a team. We felt that Israeli policy was far too reactive and far too conservative for the good of the country, national security, short and long-term.
  • We had not anticipated the trauma of Oct. 7, but we certainly anticipated things getting from bad to worse, unless Israel changes course.
  • we came up with a plan that suggested even though a two-state solution, as you said, is not on this side of the horizon, but given that eventually, it’s the only solution that we believe serves Israel’s security and well-being long-term, as a strong Jewish democracy, we mapped out what can and should be done in the coming two, three years to reverse the slide towards the disaster of a one-state solution.
  • NIMROD NOVIK: There were primarily two governing concepts, if you will, of the Israeli policy. Again, calling it policy is giving it more credit than deserved. Israeli government have been reluctant to determine the end game of our relationship with the Palestinians. Where do we want to see ourselves and them two years, five years, 50 years from now? No decision has been made since the Oslo era.
  • As a result, what we’ve seen was a policy based on insisting on separating the Gaza Strip, ruled by Hamas from the West Bank, ruled sort of by the Palestinian Authority. Separation was one principle
  • And the other one was dubbed status quo, even though it was an illusion, because nothing was static about it. As a matter of fact, creeping annexation has been accelerating under various governments.
  • The more territory was taken by settlements, the more extreme settlers were conducting violent raids into Palestinian civil populations. The more the Palestinian Authority, internally defective, becoming more and more authoritarian, more and more detached from its own constituents, less responsive, less capable of governance, losing control over large swaths of West Bank territory, forcing the I.D.F. to enter more and more
  • It was a slide into a state where the Palestinian Authority would cease to function as the promise of the nucleus of a Palestinian state.
  • If we look at it today, it’s already perhaps the municipal government of the city of Ramallah, rather than of the West Bank, and weakening the Palestinian Authority by choking it financially. By not allowing it to demonstrate to its people that it is the vehicle that will bring them one day to their aspiration of statehood, on the one hand, and making sure that Hamas controls Gaza, the two tracks spelled disaster.
  • So I must confess, we had not anticipated that the disaster will look the way it did on Oct. 7, but we certainly realized that the policy in Gaza of rounds of violence every year, every two years, every 18 months, and buying off relative tranquility by funding Hamas through the auspices of Qatar, allowing it to arm and rearm, the inherent contradictions in the policy were quite apparent
  • There’s a right-wing one-state solution. I think when you mentioned the finance minister, Bezalel Smotrich, I think if you read things he has written in the past, he is looking for a one-state solution. He wants to crush Palestinian dreams of statehood and repress Palestinians sufficiently that they stop believing they can ever have anything better and eventually content themselves to Israeli rule and live quietly within that in order to gain better lives.
  • NIMROD NOVIK: I’ll put it bluntly. I believe that a two-state solution is inevitable, not because we wish it and not because it’s nice, not because Palestinians deserve self-determination — which they do, but that’s not a historic imperative. I believe that the two-state solution is inevitable because these two people are not going to live happily ever after under one roof.
  • For that to happen, for the two people to stay in one state, one of two things have to happen. Either Israelis will agree to grant Palestinian equal rights in that one state and therefore become a minority, or at least, a slim majority in our own country, and that’s never going to happen. Israelis are not going to agree to be less than the overwhelming majority in our own country.
  • Or Palestinians will agree forever to forgo equal rights, which I suspect is as unreasonable expectation as the other. So we will separate.
  • NIMROD NOVIK: Civil separation with overall security control — continued security control until a two-state agreement ushers in alternative security arrangements, is a concept that basically suggests reversing the creeping annexation, which is no longer creeping. It’s now galloping.
  • So the idea is to start reversing the slide towards one-state reality in the opposite direction, of reducing the friction between the two populations, increasing the capacity of the P.A. to perform, while maintaining the overall security controlled by Israel until a deal is struck.
  • You often hear when you talk to people in Israel about different paths that could be taken. Well, we don’t have anybody to negotiate with. The Palestinian Authority doesn’t have credibility. Hamas wants our destruction
  • And a core premise of the report is that there are things Israel can do unilaterally, that it doesn’t need a partner to do things that will make the situation better from its perspective and create conditions maybe for deals in the future. So tell me what is in Israel’s power here. What would you actually recommend to do tangibly?
  • NIMROD NOVIK: It’s not a genetic deformation of the Palestinians that they cannot govern themselves. This is nonsense. We had a period after the second intifada, the years 2007, 2008, where the Palestinian Authority, there was a prime minister by the name of Salam Fayyad. First, he was finance minister, later on prime minister, who revitalized the Palestinian Authority in a dramatic way. The authority was on the rise. People were proud in it, its own population. They could have won elections at that point.
  • And then Netanyahu was elected in 2009. Now, obviously, we are the strongest party. We hold most of the cards by far. And when we decide that we are going to choke the Palestinian Authority, the Palestinian Authority will choke
  • Now the second trend that happened was that Mahmoud Abbas, President Abbas, known as Abu Mazen, the early Abu Mazen was a very different person than the late one with whom we are dealing today. He became increasingly nondemocratic, authoritarian, autocratic, paranoid, removing from his vicinity and from position of power all the best and brightest that were working during that era
  • . Things went from bad to worse, Israel doing its share in weakening the P.A. and the P.A. leadership became more claustrophobic. All these can change.
  • At the moment, the West Bank is a Swiss cheese. It’s 169 islands of Palestinian-controlled areas surrounded each by Israeli-controlled territory. So we wanted to reduce that by half so that contiguity will have a security, law and order, and economic well-being effect.
  • We suggested a host of economic measures that enable the Palestinian Authority to deliver for the people, which is the opposite of what’s happening now, when our minister of finance is choking the Palestinian Authority by withholding funds that are theirs by the agreement Israel collects taxes for the Palestinian Authority, VAT and others. And we are supposed to automatically transfer them to the Palestinian Authority. It’s the main chunk of their budget.
lilyrashkind

How Educators Around the World Are Teaching the Russia-Ukraine War - The New York Times - 0 views

  • Please note: This is a special Lesson of the Day that brings together many different sources and ideas. Unlike our usual format, this is written to teachers, not students.
  • Then, in an extensive Going Further section, we have rounded up many contributions from teachers in the United States across subjects and levels who describe ways they are helping their students understand this conflict and its roots and effects.We hope that no matter what you teach, there is something here you can use.
  • Do Volodymyr’s actions surprise you? Why do you think The Times might have included this specific detail of this family’s story? What do you think it says about the power and importance of education, and the role it plays in young people’s lives, even amidst an ongoing war?
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  • Now, students will participate in a jigsaw activity. Below are three articles about three different student populations that have been affected by the war in Ukraine. Assign each student, or have them choose, one of the articles to become an “expert” in. Make sure there are about an even number of students reading each article.
  • 5. What are some of the fears or challenges teachers themselves are facing because of the war?6. You’ve read one of three articles about what education is like for a specific group of students. What role is school serving for the group you read about? Is there anything more schools could be doing to support these young people? If so, what and why?
  • What role can schools serve, even during war? How important do you think education is in a time like this? Do you believe educators should teach about what is happening in Ukraine? How do you think they should handle this sensitive subject?
  • Many teachers answered our call in mid-March to tell us how they were addressing the war in their classrooms. Here are some responses that show the many ways, large and small, that educators have sought to help their students understand the conflict and its roots, the plight of the Ukrainian people, the role of the United States and more. They have been edited for length and clarity.
  • I was shocked at how hungrily they soaked up the information, especially once Russia officially invaded Ukraine. These 10-, 11- and 12-year-olds wanted to learn more about what was happening in their world in the “right way” — via vetted news sources, exactly as you mentioned. After each episode, we discussed positives that we heard, we shared “wonders” (the things that we want to find more information on), and we shared one word to summarize the new information.
  • That day, my students’ remarks on the Russian invasion of Ukraine fit into five categories: empathy for the people of Ukraine, fear of World War III, criticism of Putin, criticism of memes that treat the invasion as a joke, and geopolitical curiosity.
  • Students then created infographics on Canva to illustrate their learning. Synthesizing that learning into smaller, digestible data bites helped them to make sense of such large, challenging concepts. Here are four examples of their work.
  • When discussing the conflict between Russia and Ukraine, that consisted of orienting everyone to where this conflict is happening geographically and what cities and countries are involved. We spoke about the history of NATO, key leaders, the concept of trade and supply chains — basically defining the common vocabulary and giving everyone the same tools for discussion.
  • That’s how I realized that my students needed to talk about the Russian invasion of Ukraine. As a result, I took the following steps the next day, with positive results.
  • As part of a larger project on the theme of “nostalgia,” students were asked to think of a family recipe that made them nostalgic. But we also talked about the food that brings us comfort no matter where we find ourselves. To help students connect to the Ukrainian people, we talked about the comforts of borscht with information from this article about a chef who is leading a drive to recognize the soup as a Ukrainian cultural heritage.
  • Teaching about Russia and Ukraine this spring encompassed history, vocabulary, maps, graphs, and photo analysis. We began with a brainstorm about what students had heard about what was happening with Ukraine and Russia. Then students moved on to define terms like Soviet Union, Cold War and NATO, and worked together to combine their definitions into one “best definition.” This vocabulary work set them up to read the Times article about what was happening in Ukraine as Russia invaded, annotating in the
  • Part of what has made the coverage of the war in Ukraine compelling is my students seeing visual inversions of their own lives. There’s a photo of a grandmother, but she’s holding an assault rifle. There are teenagers, not much older than they are, running drills. There’s a teacher, but instead of trying to manage a class, she’s barely managing to hold it together.
  • What do you notice about how the person is framed in the photograph?What is the posture? Where is their gaze?Imagine what they might be thinking as they gaze out of the frame.
  • This is an excellent piece to use when considering primary and secondary audiences, purpose, appeals, and overall effectiveness. It is also a story we can track to see if the speech moves anyone in Congress to change their position on the type of support to provide Ukraine.
  • Does the American government favor any countries over other countries? What is the policy that guides the American government when dealing with other countries?How does the American government handle disagreements with other countries?Which countries are American allies, or friends?Which are America’s traditional enemies? How is this determined? Does that history matter?
  • How does President Biden “create the enemy?” Why should America follow this course of action? What is he suggesting will happen if America does not? What does America stand to gain from this plan? Are potential losses discussed?Note patterns in rhetorical appeals, diction, values and themes. What assumptions does President Biden make about the American character or national identity? In what ways do American mythologies seem to bolster a “single story” of foreign policy?
  • Begins.” Students took notes on the use of ethos, pathos and logos in the construction of the podcast. They also responded to the importance of having free and independent journalists report on the war.
  • “We Lived Happily During the War,” “Dulce et Decorum Est” and “Dancing.”
  • E.I.H.R. cultivates partnerships among educators globally to create materials and deliver training based on best practices in Holocaust and human rights education. Together we deliver content and strategies for teaching conflict history and prevention, and sustainable peace. They have been building resources for teachers about Ukraine since Feb. 24, including this webinar on Understanding the Crisis in Ukraine from March 19.
criscimagnael

Australia Wields a New DNA Tool to Crack Missing-Person Mysteries - The New York Times - 0 views

  • The technique can predict a person’s ancestry and physical traits without the need for a match with an existing sample in a database.
  • When a man washed up on the shores of Christmas Island in 1942, lifeless and hunched over in a shrapnel-riddled raft, no one knew who he was.
  • It wasn’t until the 1990s that the Royal Australian Navy began to suspect that he may have been a sailor from the HMAS Sydney II, an Australian warship whose 645-member crew disappeared at sea when it sank off the coast of Western Australia during World War II.
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  • In 2006, the man’s remains were exhumed, but DNA extracted from his teeth yielded no match with a list of people Navy officials thought might be his descendants. With few leads, the scientist who conducted the DNA test, Jeremy Austin, told the Navy about an emerging technique that could predict a person’s ancestry and physical traits from genetic material.
  • In Australia, forensic scientists are repurposing the technique to help link missing persons with unidentified remains in the hope of resolving long-running mysteries. In the case of the sailor, Dr. Austin sent the sample to researchers in Europe, who reported back that the man was of European ancestry and most likely had red hair and blue eyes.
  • That alone wasn’t enough to identify the sailor, but it narrowed the search. “In a ship full of 645 white guys, you wouldn’t expect to see more than two or three with this pigmentation,”
  • This forensic tool, which has been slowly advancing since the mid-2000s, is similar to genetic tests that estimate risks for certain diseases. About five years ago, scientists with the Australian Federal Police began developing their own version of the technology, which combines genomics, big data and machine learning. It became available for use last year.
  • The predictions from DNA phenotyping — whether a person had, say, brown hair and blue eyes — will be brought to life by a forensic artist, combining the phenotype information with renderings of bone structure to generate a three-dimensional digital facial reconstruction.
  • “It’s an investigative lead we’ve never had before,”
  • In the United States, police departments have for years been using private DNA phenotyping services, like one from the Virginia-based Parabon NanoLabs, to try to generate facial images of suspects. The images are sometimes distributed to the public to assist in investigations.
  • Many scientists, however, are skeptical of this application of the technology. “You cannot do a full facial prediction right now,” said Susan Walsh, a professor of biology at Indiana University-Purdue University Indianapolis who developed some of the earliest phenotyping methods for eye and hair color. “The foundation of the genetics is absolutely not there.”
  • Facial image prediction has been condemned by human rights organizations, including the A.C.L.U., which suggest that it risks being skewed by existing social prejudices.
  • The same DNA was then linked to dozens of serious crimes across Western Europe, prompting a theory that the perpetrator was a serial offender from a traveling Roma community.It turned out that the recurring genetic material belonged to a female Polish factory worker who had accidentally contaminated the cotton swabs used to collect the samples.
  • “The families want any and all techniques applied to these cases if it’s going to help answer the question of what happened,” she said.
  • Such was the case with the mystery sailor. After his genotype was sequenced and his phenotype predicted, a team of scientists across several Australian institutions, including Dr. Ward’s program, used this information to track down a woman they believed to be a living relative of the soldier. They checked her DNA and had a match.
criscimagnael

What Canada Doesn't Know About Its Guns - The New York Times - 0 views

  • A drone lifted off from Michigan this month and flew across the St. Clair River toward Port Lambton, Ontario. Its spooked pilot aborted the landing after being spotted by a neighbor, leaving the police to later fish the drone out of a tree and discover 11 handguns strapped to it with plastic bags, tape and carabiner clips.
  • The problem is also glaring on the U.S.-Mexico border. Last August, Mexico sued 10 American gunmakers, blaming them for fueling violence in Mexico.
  • The spillover across Canada’s border with the United States extends beyond the guns themselves to the shared grief and calls for increased firearms regulations in the wake of mass shootings, including two just this month: 10 people were killed in a racist attack in a Buffalo supermarket on May 14; and 19 students and two teachers were killed on Tuesday at an elementary school in Uvalde, Texas.
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  • “Conservatives very much associate themselves now with the opposition to gun control, but that wasn’t always the case,” Blake Brown, a history professor at Saint Mary’s University in Halifax, told me. He said that Liberals and Conservatives passed firearms control measures in the 1950s and 1960s, and that both parties strengthened Canada’s gun laws in the years following the 1989 Montreal massacre.
  • As of May 18, Canadians who purchase a nonrestricted firearm, basically a rifle or shotgun, must provide identification as well as a valid firearms license. Businesses are required to keep these records, which may be viewed by the police with a warrant.
  • Two years ago, after the deadliest mass shooting in Canada’s history took place in Nova Scotia, his government banned military-style assault weapons. Last week, it carried out previously announced firearms record-keeping regulations.
  • “Certainly there have been periods in American history where they’ve been more aggressive in gun control than in Canada,” he said. “But, overall, the trend has been that Canada has seen themselves differently when it comes to firearms.” That has led to stricter gun laws amid fears of importing American gun violence.
  • It found that shotguns and rifles in Canada’s illegal market generally enter the system through legal purchases. That’s unlike illicit handguns, it said, which tend to be smuggled into Canada.
  • Since there is no systemic data collection on the origins of crime guns, one internal Statistics Canada presentation I read emphatically placed it in the “What we don’t know” category.
  • Without gun tracing and better data, the full picture of the United States’ effect on gun crimes in Canada will remain incomplete and based on haphazardly-tracked incidents like that of the gun-toting drone.
criscimagnael

Who Is Protected Against Monkeypox? - The New York Times - 0 views

  • Older people who received smallpox vaccinations may yet have some immunity, researchers say. Healthy children and adults generally do not become severely ill.
  • The answer is reassuring. Most children and adults with healthy immune systems are likely to dodge severe illness, experts said in interviews. But there are two high-risk groups.
  • One comprises infants younger than six months.
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  • “We can’t guarantee that a person who was vaccinated against smallpox is still going to be protected against monkeypox,” Dr. Fauci said.
  • In the United States, routine immunization for smallpox ceased in 1972. The military continued its vaccination program until 1991 as a precaution against a bioterrorism attack.
  • And many older adults, the group most likely to succumb to the monkeypox virus, are at least somewhat protected by decades-old smallpox vaccinations, studies suggest.
  • Monkeypox takes up to 12 days to cause symptoms, giving doctors a window of at least five days after exposure to vaccinate and forestall disease. (The approach, called post-exposure prophylaxis, is not an option for Covid patients because the coronavirus can start to ravage the body just a couple days after exposure.)
  • The agency is working to expand that capacity, she said, adding: “We’ve been preparing for this type of outbreak for decades.”
  • Each pustule contains live virus, and a ruptured blister can contaminate bed linens and other items, putting close contacts at risk. Infected people should also be very careful about rubbing their eyes because the virus can destroy sight.
  • “We’re lucky to have vaccines and therapeutics — things that can mitigate all that,” said Anne Rimoin, an epidemiologist at the University of California, Los Angeles, who has studied monkeypox in Africa. “We do have the ability to stop this virus.”
  • In the United States, the Centers for Disease Control and Prevention is tracking nine cases in seven states, not all of which have a history of travel to countries where monkeypox is endemic. That suggests that there may already be some level of community transmission, Dr. Rochelle Walensky, the agency’s director, told reporters on Thursday.
  • A majority of those infected currently are men under 50, and many identify as gay or bisexual, which may reflect the outbreak’s possible origins at a Gay Pride event in the Canary Islands. (The outbreak could just as easily have started among heterosexual people at a large event, experts said.)
  • No deaths have been reported. But experts are particularly concerned about close contacts who are children, older adults or who have weak immune systems for other reasons.
  • “Until we know more, we will be using available vaccine stocks for people who’ve had close contact with known cases, and people at highest risk for exposure through their jobs, like health care workers treating monkeypox patients,” he said.
  • Many of the most vulnerable groups may already be protected. In one study, Dr. Slifka and his colleagues drew blood from 306 vaccinated volunteers, some of whom had been immunized decades earlier, including one who had been immunized 75 years before. Most of them maintained high levels of antibodies to smallpox.
  • “We wouldn’t want to take the chance that somebody was left unprotected,” she said.
  • Laboratory evidence of antibodies does not prove that smallpox vaccination can protect against monkeypox. But answering that question would require that study participants be deliberately infected with smallpox or a related virus, an obviously unethical experiment.
  • The other three vaccinated individuals had no symptoms at all. “They didn’t even know they had been infected,” Dr. Slifka said.
  • The eradication of smallpox, while one of the greatest achievements in public health, has left populations vulnerable to the virus and to its cousins.
  • “If monkeypox were to establish itself in a wildlife reservoir outside of Africa, the public health setback would be enormous,” Dr. Rimoin said. “That, I think, is a legitimate concern.”
lilyrashkind

Lives Cut Short: COVID-19 Takes Heavy Toll on Older Latinos | Healthiest Communities He... - 0 views

  • LOS ANGELES – In December 2020, about 10 months into the COVID-19 pandemic, Javier Perez-Torres boarded a bus from Los Angeles to Tijuana, Mexico, to buy a bracelet for the upcoming birthday of one of the five granddaughters who lived with him and his wife. Perez-Torres, 68, a Mexican immigrant, liked the selection of inexpensive jewelry available in the city just south of the U.S. border, so he made the trek, which lasted more than four hours round-trip.
  • For more than a month, Miron went to the hospital to see her husband, who’d been intubated. But nurses – following COVID-19 safety protocols – wouldn’t let her in. She’d sit on a bench outside the hospital for hours, then go home, and repeat the process.In early February of last year, a nurse called to let her know her partner of more than 40 years had died. She could now see him. “I said, ‘Why would I want to see him now?’” Alicia recalls in an interview in Spanish.
  • Overall, mortality from COVID-19 is some two to three times higher for Latinos than for non-Hispanic whites, says Dr. Michael Rodriguez, vice chair in the Department of Family Medicine at the David Geffen School of Medicine at UCLA. Rodriguez also is a professor in the Department of Community Health Sciences in UCLA’s Fielding School of Public Health.
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  • Latinos have maintained this type of edge despite generally having lower incomes, less access to health care and a greater prevalence of some chronic health issues, such as diabetes and obesity. Some researchers believe the life expectancy advantage is tied to the fact that many Latino immigrants to the U.S. are younger and healthier than many older Latinos, and have lower rates of smoking.
  • The researchers used projections of COVID-19 mortality to reach their conclusions, and a follow-up study arrived at similar findings. A CDC analysis showing provisional life expectancy estimates also pointed to a three-year drop in life expectancy for Latinos, and a shrinking gap between Latinos and whites.
  • Latino subgroups have an array of political and cultural differences. But one cultural norm that cuts across all groups is the primacy of family. Whatever country they’re descended from, it’s not uncommon for Latinos in the U.S. to live in multigenerational households that often include young children, their adult parents and a grandparent or grandparents.When young children and adults – many of whom are essential workers – live with elderly grandparents, “that increases the risk for the older people in the household,” says Dr. Luis Ostrosky, chief of the Division of Infectious Diseases at the McGovern Medical School at UTHealth Houston. “If the younger people in the household contract COVID-19, they may be OK, because younger people have stronger immune systems and tend to be healthier. Older people – who tend to be not as healthy and have chronic diseases – may become severely ill, with increased risk of hospitalization and mortality.”
  • “Once you put all those together, what you find is you have the disappearing of the Latino paradox,” Saenz says.While older Latinos have continued to have a higher rate of COVID-19 mortality than their white counterparts during each year of the pandemic, the difference in death rates has diminished over time. During the first year of the crisis, Latinos age 65 and older died of COVID-19 at 2.1 times the rate of older whites, Saenz and Garcia’s research shows. In 2021, older Latinos died at 1.6 times the rate of older whites, and into late April of this year, older Hispanics had died at 1.2 times the rate of older whites. Saenz attributes the narrowing difference to COVID-19 death rates among older whites in red states where vaccination rates are lower.
  • Transportation, language and employment. A study in 2020 from the UCLA Latino Policy & Politics Initiative found Latinos (and Blacks) in Los Angeles County and New York City were roughly twice as likely to die of COVID-19 as non-Hispanic whites as of July 20 of that year, and noted that carpooling or taking public transportation to work may raise the risk of coronavirus exposure. The study also found that 34% and 37% of the populations in Los Angeles County and New York City were foreign-born, respectively, with Latinos making up the largest share of that population in each area. Approximately 13% of the foreign-born do not speak English, according to the report, which poses a challenge to their obtaining important health information.
  • “A three-year reduction in life expectancy is huge in historical terms. We usually have not seen reductions this large except during times of war or major pandemics,” says Theresa Andrasfay, a postdoctoral scholar at the Leonard Davis School of Gerontology at USC and one of the PNAS study’s researchers. “Of course, it’s really sad to think about the individuals who died of COVID, but it also has broader implications for the family members of those who died.”COVID-19 has not only claimed the lives of many older Latinos, but many younger, working-age Latinos as well, leaving behind children, siblings, parents and grandparents who depended on them, Andrasfay says. She says she and other researchers are working on an update, tracking the effect of COVID-19 on life expectancy in 2021: “We’re finding a similar pattern (to 2020), with Latinos having the largest reduction in life expectancy.”
  • Though he wasn’t in the best of health, Salvador Macias, 83, enjoyed going to a neighborhood community center for senior activities in Long Beach, a beachside city about 25 miles south of downtown Los Angeles. He lived in a modest, tidy house with his wife, Manuela, and their adult daughter, Julie.Salvador suffered from three chronic health conditions: diabetes, high cholesterol and high blood pressure, says his son, Joe Macias.In August 2020 – four months before health care workers received the first COVID-19 vaccine – the elder Macias became ill with the disease, suffering from fatigue and severe shortness of breath. After several days, Salvador died at home. Manuela, who doesn’t have the chronic health conditions her husband had, also contracted COVID-19. She was hospitalized for a week, but survived.
criscimagnael

In Patrice Nganang's Trilogy, Cameroon's Past Is Still Very Present - The New York Times - 0 views

  • The book, “A Trail of Crab Tracks,” explores the birth of independent Cameroon in the 1960s and its subsequent descent into civil war. Nganang, 52, wanted to get the details just right, from the experience of guerrilla fighters in the jungle to the names of plants and local rivers.“I was very careful,” Nganang said last month as a torrential spring rain fell outside his New Jersey home. “I didn’t want an older person to read it and say, ‘Come on, my son. It’s not right!’” His laughter, like a thunderclap, filled the room.
  • “The government was declaring war and cracking down on Anglophone protests,” he says. “They hadn’t started killing yet.”
  • Finally released and expelled from the country, Nganang emerged with a deeper commitment to his overarching project: an examination of Cameroon’s national identity, and how it has held within it the seeds of both great promise and disappointment.
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  • Now, he adds, “there are 20,000 people dead.”
  • “The dream of Cameroon is contradictory,” he continues, “because on the one hand you have this violence and brutality and yet you also have this utopian idea: ‘Let’s dream big!’ That contradiction always inspired me, and I think it’s a reflection of the Cameroonian character, maybe the African character.”
  • “The three novels are like a cake: tripartite,” Nganang says. “They are very much complex, but I also wanted them to be entertaining.”
  • The family story mirrors a national history of silences and betrayals: The two are inevitably, and tragically, linked. “The Cameroonian soul is a battlefield,”
  • There is another overlap, too. The name “Tanou,” he says, means “father of history”
  • “I would never have written this book if I hadn’t been on social media,” he says, describing the countless testimonials that Cameroonians around the world have shared with him, which have fueled his posts and informed his novel. “It changed me and changed the landscape of my writing because it made it possible for people to actually hear what I want to say.”
  • Social media has certainly given Nganang a significant platform from afar on the country’s issues,
  • “History is the backbone of everything we do, everything that happens,” he says. “Are things going to change? Like Yaoundé’s neighborhoods, what is poor today was rich yesterday and what is rich now was once poor. The reality of Cameroon, and Africa in general, is that nothing is forever.”
criscimagnael

The Race to Free Ukraine's Stranded Grain - The New York Times - 0 views

  • The Baltic Sea port has silos to store plenty of grain, railway lines to transport it there from Ukraine, where it has been trapped by the war, and a deep harbor ready for ships that can take it to Egypt, Yemen and other countries in desperate need of food.
  • “Starvation is near,
  • Belarus controls the railway lines offering the most direct, cheapest and fastest route for large volumes of grain out of Ukraine to Klaipeda and other Baltic ports.
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  • But using them would mean cutting a deal with a brutal leader closely allied with President Vladimir V. Putin of Russia, underscoring the painful moral and political decisions that now confront Western leaders as they scramble to avert a global food crisis.
  • The Lithuania route appears to be the most promising for getting food quickly to areas like the Middle East and Africa that need it the most, even if it is also a long shot.
  • “This is a decision that politicians need to take not me,” Mr. Latakas, the Klaipeda port director, said. “It is up to them to decide what is most important.”
  • Western nations like the United States, as well as Ukraine, oppose lifting sanctions imposed on Russia over its invasion but have not ruled out a deal with Belarus.
  • The war has halted those shipments, leaving around 25 million tons of grain, according to U.N. estimates, from last year’s harvest stranded in silos and at risk of rotting if it is not moved soon. A further 50 million tons is expected to be harvested in coming months. The grain elevators in Ukraine that have not been damaged or destroyed by shelling are quickly filling up. Soon, there will be no room left to store the incoming harvest.
  • Ukraine’s foreign minister, said severe bottlenecks meant that the existing routes through Poland and Romania “can provide only limited alleviation of the food crisis” given the volumes that need to be moved.
  • Warning of an approaching “hurricane of hunger,” the head of the United Nations, António Guterres, has sought to negotiate a deal under which Ukrainian grain would be transported out of the country by ship or train, and in exchange Russia and Belarus would sell fertilizer products to the global market without the threat of sanctions.
  • That means that Western governments and Ukraine are left to try out a range of possible solutions fraught with problems. Test runs of trains carrying grain from Ukraine through Poland to Lithuania, for example, have taken three weeks because of different track gauges in neighboring countries, requiring cargos to be loaded and unloaded multiples times.
  • Turkey has proposed using its ships to transport grain from Odesa, which, in addition to getting Ukraine to demine the port, would require an agreement from Russia not to hinder vessels.
  • But faced with the considerable challenges of executing such a plan, the best option for getting large quantities of Ukrainian grain to hungry people is probably by rail through Belarus to Klaipeda and other Baltic ports in Latvia and Estonia.That “won’t solve everything, but it would significantly alleviate the situation,”
  • Ukraine is opposed to any easing of sanctions against Russia but, increasingly desperate to move grain trapped by the war, is more open to the idea of a temporary easing of sanctions against Belarusian potash.
  • Roman Slaston, the head of Ukraine’s main agricultural lobby, said one challenge was that many rail connections through Belarus had been blown up by Belarusian railway employees sympathetic to the Ukrainian cause.
  • “Given that the Russian Army is still in Belarus, who is going to pay to repair that now?” Mr. Slaston asked. “This is like some kind of madness.”
  • We don’t grow food to store it,” he said. “People in Africa won’t be fed by our grain sitting in bags in our fields.”
lucieperloff

Food Prices Hit Two-Decade High, Threatening the World's Poor - The New York Times - 0 views

  • Food prices have skyrocketed globally because of disruptions in the global supply chain, adverse weather and rising energy prices, increases that are imposing a heavy burden on poorer people around the world and threatening to stoke social unrest.
  • A global index released on Thursday by the United Nations Food and Agriculture Organization showed food prices in January climbed to their highest level since 2011, when skyrocketing costs contributed to political uprisings in Egypt and Libya. The price of meat, dairy and cereals trended upward from December, while the price of oils reached the highest level since the index’s tracking began in 1990.
  • But as the pandemic began in early 2020, the world experienced seismic shifts in demand for food. Restaurants, cafeterias and slaughterhouses shuttered, and more people switched to cooking and eating at home.
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  • The effects of rising food prices have been felt unevenly around the world. Asia has been largely spared because of a plentiful rice crop. But parts of Africa, the Middle East and Latin America that are more dependent on imported food are struggling.
  • Joseph Siegle, the director of research at National Defense University’s Africa Center for Strategic Studies, estimated that 106 million people on the continent are facing food insecurity, double the number since 2018.
  • In the United States, food prices rose 6.3 percent in December compared with a year ago, while the price of restaurant meals rose 6.0 percent and the price of meat, poultry, fish and eggs jumped 12.5 percent, according to the Bureau of Labor Statistics.
  • But economists and agricultural experts say that while these efforts help at the margin, there may be little the government can do to combat a phenomenon that is both complex and global.
  • Overloaded shipping companies have been refusing to send their steel boxes to the Midwest to pick up agricultural products, instead preferring to ship them back to Asia to carry more lucrative cargo.
  • With both their costs and their sales prices increasing, many farmers are making similar margins to what they earned before, Mr. Edgington said. But “huge swings” in the price of corn, soybeans and fertilizer were still putting their finances at risk.
Javier E

Russia's Money Is Gone - Bloomberg - 0 views

  • One great theme of the post-2008 financial world is that money is a social construct, a way to keep track of what society thinks you deserve in terms of goods and services.
  • 15 years ago it was easier to think that money was an objective fact. Money is a kind of stuff, you might have thought, stuff with some predictable value that you can exchange for goods and services, and you can acquire a quantity of it and then you own that money and can use it however you like to buy things. 
  • Russia’s foreign reserves consist, in the first instance, of a set of accounting entries. But in a crisis the accounting entries don’t matter at all. All that matters are relationships, and if your relationships get bad enough then the money is as good as gone.
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  • The fiscal response to Covid-19 reinforced this point: Money is a tool of social decision-making, not an objective thing that you get through abstract merit.
  • the value of cryptocurrency is so clearly socially constructed: A Bitcoin was worth roughly nothing a decade ago, and roughly $41,000 today, solely because people collectively decided to ascribe value to Bitcoin.
  • money gets its value from people agreeing that it’s valuable.
  • As of Friday Russia had about $630 billion of foreign currency reserves, a large cushion designed to allow it to withstand economic sanctions and prop up the value of the ruble
  • But “foreign currency reserves” are not an objective fact; they are mostly a series of entries on lists maintained by foreign-currency issuers and intermediaries (central banks, correspondent banks, sovereign bond issuers, brokerages). 1  If those people cross you off the list, or put an asterisk next to your entry freezing your funds, then you can’t use those funds anymore.
  • The bulk of Russia’s foreign reserves are held in the form of securities, deposits at other central banks and deposits at foreign commercial banks. A ban on transactions with Russia’s central bank means that it can’t sell those securities or access those deposits.
  • Now you want something for yourself? OK, but that is going to be subtracted from the running total of how much you’ve done for the rest for us.
  • There is a lot to dislike, or at least to be uncomfortable with, in this situation.
  • But the response to the 2008 global financial crisis, and to its later European aftershocks, made it clear that something else was going on. Who has money and what they can do with it can be adjusted by the actions of central banks and national treasuries; banks can be bailed out; costs can be socialized.
  • it is also arguably bad for global prosperity: Trustworthy rules-based trade works better and produces more value than arbitrary uncertain trade.
  • But what I want to suggest is that this weekend’s actions are evidence that the basic structure is good. What I want to suggest is that society is good, that it is good for people (and countries) to exist in a web of relationships in which their counterparties can judge their actions and punish bad actions.
  • If money is socially constructed and property is contingent then money is a continuing, dynamic, ever-at-risk reward for prosocial behavior.
  • one of the ways I suggest students think about money is as a kind of social scorecard.
  • You did something good — made something somebody wanted, let somebody else use something you own, went to work and did everything the boss told you? Good for you, you get a cookie. Or more precisely, you get a credit, in both senses, in the personal record kept for you at a bank.
  • This is arguably bad for the dollar’s long-run dominance: Russia will develop its own ways around SWIFT, China will push other countries to adopt its digital yuan, everyone will use Bitcoin, etc
  • we have exactly this system already. The number is called a bank account. The difference is simply that we have so naturalized the system that “how much money you have” seems like simply a fact about you, rather than a judgment imposed by society.
  • Pervasive social credit systems seem dystopian, and you would not really want the U.S. government making day-to-day decisions about who deserves to keep their bank accounts.
  • But another idea is that money can insulate you from  the obligations of society, and that is also bad.
  • You get a claim on goods and services by being part of society, and having a big number next to your name on a list does not relieve you of your obligations. If you do something so outrageous that society as a whole decides you are a pariah, then money is a way for society to express that.
Javier E

Opinion | Children in the Hands of God and Climate Change - The New York Times - 0 views

  • Ezra Klein, who devoted his weekend column to arguing for an optimistic, life-affirming response to the challenges of rising temperatures.
  • I endorse my colleague’s argument unreservedly, especially his reasonable historical perspective on how the risks of a hotter future compare to the far more impoverished and brutal straits in which our ancestors chose life for their children and, ultimately, for us
  • In worrying about hypothetical kids faring badly under climate change, the secular imagination is letting itself be steered toward the harsh analysis of Blaise Pascal:Let us imagine a number of men in chains and all condemned to death, where some are killed each day in the sight of the others, and those who remain see their own fate in that of their fellows and wait their turn, looking at each other sorrowfully and without hope. It is an image of the condition of men.
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  • Why this, why now?
  • One answer is simple misapprehension: People steeped in the most alarmist forms of activism and argument may believe, wrongly, that we’re on track for the imminent collapse of human civilization or the outright extinction of the human race.
  • Another answer is ideological: The ideas of white and Western guilt are particularly important to contemporary progressivism, and in certain visions of ecological economy, removing one’s potential kids from the carbon-emitting equation amounts to a kind of eco-reparations.
  • I still suspect the fear of suffering and dying per se is more important than the kind of suffering and death being envisioned — that it’s the general idea of bearing a child fated to extinction that’s most frightening, not the specific perils of climate change.
  • the psychological roots of the procreation-amid-climate-change anxiety.
  • Or, rather, an image of men in a godless universe.
  • the problem of meaning in a purposeless cosmos clearly hangs over the more secularized precincts of our society, lending surprising resilience to all kinds of spiritual impulses and ideas but also probably contributing to certain forms of existential dread.
  • to the extent that every child deliberately conceived is a direct wager against Pascal’s dire analysis, it would make sense that under such shadows, anxieties about the ethics of childbearing would be particularly acute.
  • Against these anxieties, my colleague’s column urges a belief in a future where human agency overcomes existential threats and ushers in a “welcoming” and even “thrilling” world. This is a welcome admonition; I believe in those possibilities myself.
  • But the promise of a purposive, divinely created universe — in which, I would stress, it remains more than reasonable to believe — is that life is worth living and worth conceiving even if the worst happens, the crisis comes, the hope of progress fails.
  • The child who lives to see the green future is infinitely valuable; so is the child who lives to see the apocalypse. For us, there is only the duty to give that child its chance to join the story; its destiny belongs to God.
Javier E

You Are Going to Get COVID Again … And Again … And Again - The Atlantic - 0 views

  • You’re not just likely to get the coronavirus. You’re likely to get it again and again and again.
  • “I personally know several individuals who have had COVID in almost every wave,” says Salim Abdool Karim, a clinical infectious-diseases epidemiologist and the director of the Center for the AIDS Program of Research in South Africa, which has experienced five meticulously tracked surges, and where just one-third of the population is vaccinated.
  • er best guess for the future has the virus infiltrating each of us, on average, every three years or so. “Barring some intervention that really changes the landscape,” she said, “we will all get SARS-CoV-2 multiple times in our life.”
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  • that would be on par with what we experience with flu viruses, which scientists estimate hit us about every two to five years, less often in adulthood. It also matches up well with the documented cadence of the four other coronaviruses that seasonally trouble humans, and cause common colds.
  • For now, every infection, and every subsequent reinfection, remains a toss of the dice. “Really, it’s a gamble,” says Ziyad Al-Aly, a clinical epidemiologist and long-COVID researcher at Washington University in St. Louis. Vaccination and infection-induced immunity may load the dice against landing on severe disease, but that danger will never go away completely, and scientists don’t yet know what happens to people who contract “mild” COVID over and over again
  • Or maybe not. This virus seems capable of tangling into just about every tissue in the body, affecting organs such as the heart, brain, liver, kidneys, and gut; it has already claimed the lives of millions, while saddling countless others with symptoms that can linger for months or years.
  • considering our current baseline, “less dangerous” could still be terrible—and it’s not clear exactly where we’re headed. When it comes to reinfection, we “just don’t know enough,”
  • Perhaps, as several experts have posited since the pandemic’s early days, SARS-CoV-2 will just become the fifth cold-causing coronavirus.
  • A third or fourth bout might be more muted still; the burden of individual diseases may be headed toward an asymptote of mildness that holds for many years
  • Future versions of SARS-CoV-2 could continue to shape-shift out of existing antibodies’ reach, as coronaviruses often do. But the body is flush with other fighters that are much tougher to bamboozle—among them, B cells and T cells that can quash a growing infection before it spirals out of control
  • Those protections tend to build iteratively, as people see pathogens or vaccines more often. People vaccinated three times over, for instance, seem especially well equipped to duke it out with all sorts of SARS-CoV-2 variants, including Omicron and its offshoots.
  • promising patterns: Second infections and post-vaccination infections “are significantly less severe,” she told me, sometimes to the point where people don’t notice them at all
  • Bodies, wised up to the virus’s quirks, can now react more quickly, clobbering it with sharper and speedier strikes.
  • “There are still very good reasons” to keep exposures few and far between, Landon, of the University of Chicago, told me. Putting off reinfection creates fewer opportunities for harm: The dice are less likely to land on severe disease (or chronic illness) when they’re rolled less often overall. It also buys us time to enhance our understanding of the virus, and improve our tools to fight it.
  • Immunity, though, is neither binary nor permanent. Even if SARS-CoV-2’s assaults are blunted over time, there are no guarantees about the degree to which that happens, or how long it lasts.
  • A slew of factors could end up weighting the dice toward severe disease—among them, a person’s genetics, age, underlying medical conditions, health-care access, and frequency or magnitude of exposure to the virus.
  • for everyone else, no amount of viral dampening can totally eliminate the chance, however small it may be, of getting very sick.
  • Long COVID, too, might remain a possibility with every discrete bout of illness. Or maybe the effects of a slow-but-steady trickle of minor, fast-resolving infections would sum together, and bring about the condition.
  • Every time the body’s defenses are engaged, it “takes a lot of energy, and causes tissue damage,” Thomas told me. Should that become a near-constant barrage, “that’s probably not great for you.”
  • Bodies are resilient, especially when they’re offered time to rest, and she doubts that reinfection with a typically ephemeral virus such as SARS-CoV-2 would cause mounting damage. “The cumulative effect is more likely to be protective than detrimental,” she said, because of the immunity that’s laid down each time.
  • people who have caught the virus twice or thrice may be more likely to become long-haulers than those who have had it just once.
  • Some other microbes, when they reinvade us, can fire up the immune system in unhelpful ways, driving bad bouts of inflammation that burn through the body, or duping certain defensive molecules into aiding, rather than blocking, the virus’s siege. Researchers don’t think SARS-CoV-2 will do the same. But this pathogen is “much more formidable than even someone working on coronaviruses would have expected,
  • Seasonal encounters with pathogens other than SARS-CoV-2 don’t often worry us—but perhaps that’s because we’re still working to understand their toll. “Have we been underestimating long-term consequences from other repeat infections?” Thomas said. “The answer is probably, almost certainly, yes.”
  • the rhythm of reinfection isn’t just about the durability of immunity or the pace of viral evolution. It’s also about our actions and policies, and whether they allow the pathogen to transmit and evolve. Strategies to avoid infection—to make it as infrequent as possible, for as many people as possible—remain options, in the form of vaccination, masking, ventilation, paid sick leave, and more.
  • Gordon and Swartz are both hopeful that the slow accumulation of immunity will also slash people’s chances of developing long COVID.
  • The outlooks of the experts I spoke with spanned the range from optimism to pessimism, though all agreed that uncertainty loomed. Until we know more, none were keen to gamble with the virus—or with their own health. Any reinfection will likely still pose a threat, “even if it’s not the worst-case scenario,” Abdool Karim told me. “I wouldn’t want to put myself in that position.”
Javier E

Tracking Viral Misinformation - The New York Times - 0 views

  • More than a year after Donald J. Trump left office, the QAnon conspiracy theory that thrived during his administration continues to attract more Americans, including many Republicans and far-right news consumers, according to results from a survey released on Thursday from the Public Religion Research Institute.
  • The nonprofit and nonpartisan group found that 16 percent of Americans, or roughly 41 million people, believed last year in the three key tenets of the conspiracy theory
  • Those are that Satanist pedophiles who run a global child sex-trafficking operation control the government and other major institutions
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  • that a coming storm will sweep elites from power
  • and that violence might be necessary to save the country.
  • In October 2021, 17 percent of Americans believed in the conspiracy theory, up from 14 percent in March
  • the percentage of people who rejected QAnon falsehoods shrank to 34 percent in October from 40 percent in March
  • After Mr. Trump lost the 2020 presidential election, QAnon was expected to be hobbled without him. But it has persisted despite that and despite efforts by tech platforms to staunch its spread. Forensic linguists have also tried to unmask and defang the anonymous author who signed online messages as Q.
  • Robert P. Jones, the founder and chief executive of the research group and a social science researcher with decades of experience, said he never expected to be dealing with serious survey questions about whether powerful American institutions were controlled by devil-worshiping, sex-trafficking pedophiles. To have so many Americans agree with such a question, he said, was “stunning.”
  • Believers are “racially, religiously and politically diverse,”
  • Among Republicans, 25 percent found QAnon to be valid, compared with 14 percent of independents and 9 percent of Democrats.
  • Media preferences were a major predictor of QAnon susceptibility, with people who trust far-right news sources such as One America News Network and Newsmax nearly five times more likely to be believers than those who trust mainstream news
  • Fox News viewers were twice as likely to back QAnon ideas
  • Most QAnon believers associated Christianity with being American and said that the United States risked losing its culture and identity and must be protected from foreign influence
  • seven in 10 believers agreed with the lie that the 2020 election was stolen from Mr. Trump.
  • More than half of QAnon supporters are white, while 20 percent are Hispanic and 13 percent are Black.
  • They were most likely to have household incomes of less than $50,000 a year, hold at most a high school degree, hail from the South and reside in a suburb.
Javier E

Ukraine War and U.S. Politics Complicate Climate Change Fight - The New York Times - 0 views

  • Energy experts said that Mr. Biden missed an opportunity to connect the war in Ukraine to the need to more swiftly sever an economic reliance on fossil fuels. “The president did not articulate the long-term opportunity for the U.S. to lead the world in breaking free of the geopolitical nightmare that is oil dependency,” said Paul Bledsoe, a strategic adviser to the Progressive Policy Institute, a Washington-based think tank.
  • In exposing the enormous leverage that Russia has enjoyed with its energy exports, the Ukraine conflict is forcing European leaders to make some urgent choices: Should it build new fossil fuel infrastructure so that it can replace Russian fuel with liquefied natural gas from elsewhere, chiefly the United States? Or should it shift away from fossil fuels faster?
  • A draft of the report, reviewed by The New York Times, suggests that the new strategy will propose speeding up energy efficiency measures and renewable energy installations. It views imports of liquefied natural gas, or L.N.G., from the United States and elsewhere as a short term measure to offset Russian piped gas.
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  • Analysts have said European countries can quickly reduce gas dependence with energy efficiency measures and ramping up renewable energy investments, which are already in line with Europe’s ambition to stop pumping additional greenhouse gases into the atmosphere by midcentury
  • The conflict in Ukraine could fast-track some of that. It could also lead to what Lisa Fischer, who follows energy policy at E3G, a research group, called “a tectonic shift” — using renewables, rather than ample gas storage, to achieve energy security.
  • The President’s centerpiece legislative agenda, which he had called the Build Back Better act, is dead. Democrats still hope to pass approximately $500 billion of clean energy tax incentives that had been part of the package, but opportunities to do so are waning
  • The United States, for its part, has ramped up exports of L.N.G. to Europe to counter the decline in Russian piped gas. By the end of this year, the United States is poised to have the world’s largest L.N.G. export capacity.
  • White House officials said Mr. Biden wove climate change and clean energy throughout his speech. He noted that Ford and GM are investing billions of dollars to build electric vehicles, creating millions of manufacturing jobs in the United States. He also noted that funding from the infrastructure package will build a national network of 500,000 electric vehicle charging stations.
  • “Energy is a key weapon within this fight, and if there were far less dependency on gas there would be a different set of plays.”
  • If that investment does not come through and the Supreme Court also restricts the administration’s ability to regulate emission, Mr. Biden’s goal of cutting United States emissions roughly in half compared with 2005 levels could be essentially unattainable.
  • Even if climate wasn’t the stated focus of Mr. Biden’s Tuesday address, administration officials said that Russia’s war against Ukraine has not pushed climate change off the agenda. They noted that Mr. Biden has made climate change an emphasis in virtually every federal agency, and has moved ahead with major clean energy deployments including a record-breaking offshore wind auction last week that brought in more than $4 billion.
Javier E

China under pressure, a debate | Financial Times - 0 views

  • Despite the $300bn mega-bankruptcy of Evergrande, the risk of an immediate 2008-style crisis in China is slight.
  • let us linger over the significance of this point. What China is doing is, after all, staggering. By means of its “three red lines” credit policy, it is stopping in its tracks a gigantic real estate boom. China’s real estate sector, created from scratch since the reforms of 1998, is currently valued at $55tn. That is the most rapid accumulation of wealth in history. It is the financial reflection of the surge in China’s urban population by more than 480mn in a matter of decades.
  • Throughout the history of modern capitalism real estate booms have been associated with credit creation and, as the work of Òscar Jordà, Moritz Schularick and Alan M. Taylor has shown, with major financial crises.
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  • if we are agreed that Beijing looks set to stop the largest property boom in history without unleashing a systemic financial crisis, it is doing something truly remarkable. It is setting a new standard in economic policy.
  • Is this perhaps what policy looks like if it actually takes financial stability seriously? And if we look in the mirror, why aren’t we applauding more loudly?
  • Add to real estate the other domestic factor roiling the Chinese financial markets: Beijing’s remarkable humbling of China’s platform businesses, the second-largest cluster of big tech in the world. That too is without equivalent anywhere else.
  • Beijing’s aim is to ensure that gambling on big tech no longer produces monopolistic rents. Again, as a long-term policy aim, can one really disagree with that?
  • we have two dramatic and deliberate policy-induced shocks of the type for which there is no precedent in the West. Both inflict short-term pain with a view to longer-term social, economic and financial stability.
  • Ultimately political economy determines the conditions for long-run growth. So if you had to bet on a regime, which might actually have what it takes to break a political economy impasse, to humble vested interests and make a “big play” on structural change, which would it be? The United States, the EU or Xi’s China?
  • Beijing’s challenge right now is to manage the fall out from the two most dramatic development policies the world has ever seen, the one-child policy and China’s urbanisation, plus the historic challenge of big tech — less a problem specific to China than the local manifestation of what Shoshana Zuboff calls “surveillance capitalism”.
  • no, Xi’s regime has not yet presented a fully convincing substitute plan. But, as Michael Pettis has forcefully argued, China has options. There is an entire range of policies that Beijing could put in place to substitute for the debt-fuelled infrastructure and housing boom.
  • demography is normally treated as a natural parameter for economic activity. But in China’s case the astonishing fact is that the sudden ageing of its workforce is also a policy-induced challenge. It is a legacy of the one-child policy — the most gigantic and coercive intervention in human reproduction ever undertaken.
  • China needs to spend heavily on renewable energy and power distribution to break its dependence on coal. If it needs more housing, it should be affordable. All of this would generate more balanced growth. 5 per cent? Perhaps not, but certainly healthier and more sustainable.
  • If it has not so far pursued an alternative growth model in a more determined fashion, some of the blame no doubt falls on the prejudices of the Beijing policy elite. But even more significant are surely the entrenched interests of the infrastructure-construction-local government-credit machine, in other words the kind of political economy factors that generally inhibit the implementation of good policy.
  • The problem is only too familiar in the West. In Europe and the US too, such interest group combinations hobble the search for new growth models. In the United States they put in doubt the possibility of the energy transition, the possibility of providing a healthcare system that is fit for purpose and any initiative on trade policy that involves widening market access.
  • First and foremost China needs a welfare state befitting of its economic development.
  • On balance, if you want to be part of history-making economic transformation, China is still the place to be. But it is undeniably shifting gear. And thanks to developments both inside and outside the country, investors will have to reckon with a much more complex picture of opportunity and risk. You are going to need to pick smart and follow the politics and geopolitics closely.
  • If on the other hand you want to invest in the green energy transition — the one big vision of economic development that the world has come up with right now — you simply have to have exposure to China, whether directly or indirectly by way of suppliers to China’s green energy sector. China is where the grand battle over the future of the climate is going to be fought. It will be a huge driver of innovation, capital accumulation and profit, the influence of which will be felt around the world.
  • it is one key area that both the Biden administration and the EU would like to “silo off” from other areas of conflict with China.
  • I worry that we may be too focused on the medium-term. Given the news out of Hong Kong and mainland China, Covid may yet come back to bite us.
  • Here too China is boxed in by its own success. It has successfully pursued a no-Covid policy, but due to the failing of the rest of the world, it has been left to do so in “one country”.
  • Until China finds some way to contain the risks, this is a story to watch. A dramatic Omicron surge across China would upend the entire narrative of the last two years, which is framed by Beijing success in containing the first wave.
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