Showing posts with label #news. Show all posts
Showing posts with label #news. Show all posts

Wednesday, November 10, 2021

In New Hampshire, Cheney says Trump ‘at war’ with Constitution

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Rep. Liz Cheney (R-Wyo.) on Tuesday ripped into former President Trump for being “at war” with the Constitution and condemned GOP leaders who have failed to show courage and reject his lies that the 2020 electi…

Source: https://thehill.com/homenews/house/580830-in-nh-cheney-says-trump-at-war-with-constitution
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The Article Was Written/Published By: Scott Wong



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Supreme Court seems divided on Puerto Rico’s exclusion from federal benefits

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Supreme Court Justices heard arguments in a potentially landmark case on whether Puerto Ricans in the island should be denied some federal benefits.

Source: https://www.nbcnews.com/news/latino/supreme-court-seems-divided-puerto-ricos-exclusion-federal-benefits-rcna4969
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The Article Was Written/Published By: Nicole Acevedo



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U.S. consumer prices soared 6.2 percent in past year, most since 1990

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Prices for U.S. consumers jumped 6.2 percent in October compared with a year earlier as surging costs for food, gas and housing left Americans grappling with the highest inflation rate since 1990.

The year-over-year increase in the consumer price index exceeded the 5.4 percent rise in September, the Labor Department reported Wednesday. From September to October, prices jumped 0.9 percent, the highest month-over-month increase since June.

Inflation is eroding the strong gains in wages and salaries that have flowed to America’s workers in recent months, creating political headaches for the Biden administration and congressional Democrats and intensifying pressure on the Federal Reserve as it considers how fast to withdraw its efforts to boost the economy.

Job gains and pay raises have been much healthier during the pandemic recovery than they were after the Great Recession roughly a decade ago. But in contrast to the years that followed that downturn, inflation is now accelerating and diminishing Americans’ confidence in the economy, surveys have found.

Excluding the volatile food and energy categories, so-called core prices rose 0.6% in from September to October. Core prices are now up 4.6 percent compared with a year ago.

Energy costs soared 4.8 percent just from September to October, with gasoline, natural gas and heating oil surging for the same reason that many other commodities have grown more expensive: Demand has risen sharply as Americans are driving and flying more, but supplies haven’t kept up.

Economists still expect inflation to slow once supply bottlenecks are cleared and Americans shift more of their consumption back to pre-pandemic norms. As COVID-19 fades, consumers should spend more on travel, entertainment and other services and less on goods such as cars, furniture, and appliances, which would reduce pressure on supply chains.

But no one knows how long that might take. Higher inflation has persisted much longer than most economists had expected. And inflation is spreading well beyond items like appliances and new and used vehicles that are directly affected by the pandemic.

“The inflation overshoot will likely get worse before it gets better,” said Goldman Sachs economists in a research note Sunday.

For months, Federal Reserve Chair Jerome Powell had described inflation as “transitory,” a short-term phenomenon linked to labor and supply shortages resulting from the speed with which the economy rebounded from the pandemic recession. But last week, Powell acknowledged that higher prices could last well into next summer.

The Fed chair announced that the central bank will start reducing the monthly bond purchases it began last year as an emergency measure to boost the economy. Investors now expect the Fed to raise its benchmark interest rate twice next year from its record-low level near zero — much earlier than they had predicted a few months ago.

Many large companies are passing on the cost of higher pay to their customers, and in some cases, consumers are paying up rather than cutting back.

To attract workers, for example, McDonald’s boosted hourly pay 10 percent to 15 percent over the past year. To help cover those higher labor costs as well as more expensive food and paper, the company said last month that it raised prices 6 percent in the July-September quarter from a year earlier. Yet even so, company sales leapt 14 percent as virus restrictions eased.

Other companies have been more cautious. One of them, Wayfair, an online furniture retailer, said last week that its costs are rising as factories in Asia have shut down amid COVID outbreaks, ports are jammed, and labor costs have surged. But the company isn’t necessarily passing along all those higher costs.

“We are in a mass-oriented business where the average customer does not have an unlimited discretionary budget,” said Michael Fleisher, Wayfair’s chief financial officer. “Inflation is rampant across the economy, and there are competing demands for their time and wallet share.”

Source: https://www.politico.com/news/2021/11/10/consumer-prices-soar-520574
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The Article Was Written/Published By: Associated Press



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Move over, batteries: green hydrogen is the key to getting flying taxis off the ground

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VTOL (vertical take-off and landing) aircraft are rapidly growing from prototypes to commercial vehicles. But while most prioritize electric batteries, there’s a suite of companies developing hydrogen-powered VTOLs, including the Skai from US company Alaka’i I recently spoke to Brian Morrison, co-founder, president, and CTO, to find out more.   Why is Skai using hydrogen, not lithium-ion batteries? Firstly, I was curious why hydrogen instead of Lithium-ion batteries. Morrison said: “Lithium-ion batteries scare me.” He recalled the Boeing 787 lithium-ion battery fires in 1987. Boeing had delivered the aircraft to the airline just 18 days prior. In that time, the…

This story continues at The Next Web

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Source: https://thenextweb.com/news/hydrogen-powered-vtol-aircraft-are-the-future-according-to-skai?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TheNextWeb+%28The+Next+Web+All+Stories%29
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The Article Was Written/Published By: Cate Lawrence



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Tuesday, November 9, 2021

US Capitol attack committee issues subpoenas to 10 senior Trump officials

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  • Stephen Miller and Kayleigh McEnany among those subpoenaed
  • Committee expands investigation into events of 6 January

The House select committee investigating the January 6 insurrection at the US Capitol issued subpoenas on Tuesday to 10 more Trump administration officials, including former senior adviser Stephen Miller and press secretary Kayleigh McEnany, expanding its inquiry into Donald Trump’s involvement in circumstances surrounding the attack.

The subpoenas demanding documents and testimony are focused squarely on activities surrounding the White House and come a day after the select committee subpoenaed other top Trump lieutenants who aimed to undercut the results of the 2020 election while working from the Willard hotel in Washington.

Continue reading…

Source: https://www.theguardian.com/us-news/2021/nov/09/capitol-attack-committee-subpoenas-trump-officials
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The Article Was Written/Published By: Hugo Lowell in Washington



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NASA Delays Moon Landing to 2025, Blames Jeff Bezos and Congress

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In what is a surprise to absolutely no one, NASA won’t be sending astronauts to the lunar surface in 2024. Blaming everyone but the kitchen sink for the delay, the space agency now intends to send a crew, including a woman and a person of color, to the Moon in 2025.

Read more…

Source: https://gizmodo.com/nasa-delays-moon-landing-to-2025-blames-jeff-bezos-and-1848026410
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The Article Was Written/Published By: George Dvorsky



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GOP rep shares threatening voicemail after infrastructure vote

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Rep. Fred Upton (R-Mich.) revealed on Monday that he r…

Source: https://thehill.com/homenews/house/580666-gop-rep-shares-threatening-voicemail-after-infrastructure-vote
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The Article Was Written/Published By: Cameron Jenkins



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GE to split into three separate companies focusing on aviation, health care and energy

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Industrial giant General Electric will split into three companies following years of seeing its stock underperform, the company announced on Tuesday.

Source: https://www.nbcnews.com/business/business-news/ge-split-three-separate-companies-focusing-aviation-health-care-energy-rcna4914
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The Article Was Written/Published By: Jesse Pound, CNBC



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Twitter flags GOP lawmaker’s anime video depicting him killing Ocasio-Cortez, attacking Biden

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Twitter flagged the tweet Monday evening, saying it violated its policy on “hateful conduct.” However, the post remained accessible for the “public interest.”

Source: https://www.nbcnews.com/politics/politics-news/gop-lawmaker-tweets-altered-anime-video-depicting-him-killing-ocasio-n1283527
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The Article Was Written/Published By: Dartunorro Clark



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Over 25,000 tons of COVID-related plastic waste pollutes world’s oceans, study finds

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Over 25,000 tons of pandemic-related plastic waste pollute the global ocean, according to a study published in the journal PNAS on Monday.

Why it matters: Plastic waste poses a major threat to marine life and ecosystems. COVID-19 only increased the demand for single-use plastic, “intensifying pressure on this already out-of-control problem,” the researchers write.


  • The world has generated over 8 million tons of pandemic-related plastic waste. Most of this waste comes from hospitals and mainly accumulates on beaches and coastal sediments.

Threat level: “The released plastics can be transported over long distances in the ocean, encounter marine wildlife, and potentially lead to injury or even death,” the researchers said.

For the record: A recent study estimated that 1.56 million face masks entered the oceans in 2020. The excess waste will serve a long-term risk, researchers caution.

The bottom line: “We find a long-lasting impact of the pandemic-associated waste release in the global ocean,” the study states.

  • “At the end of this century, the model suggests that almost all the pandemic-associated plastics end up in either the seabed (28.8%) or beaches (70.5%).”
  • The findings reflect the need to improve medical waste management mechanisms, especially in developing countries, researchers note.

The big picture: Plastic pollution in oceans and other bodies of water could more than double by 2030, per an October assessment by the UN Environment Programme (UNEP).

  • Recycling won’t cut it anymore, the report found.
  • “It is vital that we use this momentum to focus on the opportunities for a clean, healthy and resilient ocean,” UNEP executive director Inger Andersen said in a statement.

Worth noting: The study comes as world leaders tackle climate change at COP26 in Glasgow.

Source: https://www.axios.com/covid-plastic-waste-pollution-oceans-5a16aaa2-1bea-43d2-8cdc-176d171eab8d.html
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The Article Was Written/Published By: Shawna Chen



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Deadly fire ‘decimates’ school in southern Niger

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At least 13 others injured after classrooms made out of straw were engulfed in a blaze in Maradi city.

Source: https://www.aljazeera.com/news/2021/11/9/at-least-26-children-die-in-niger-school-fire
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Monday, November 8, 2021

Climate on track to devastate world’s poorest economies: Study

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Some 65 nations will see GDP drop 20 percent by 2050 if temperatures rise, new report released at COP26 says.

Source: https://www.aljazeera.com/news/2021/11/8/climate-on-track-to-devastate-worlds-poorest-economies-study
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Sunday, November 7, 2021

Trump bashes Senate Republicans, McConnell over bipartisan infrastructure bill

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Former President Trump on Sunday doubled down on his criticism of Senate Minority Leader Mitch McConnell (R-Ky.) and other Senate Republicans who voted in favor of passing a $1.2 trillion bipartisan infrastructure b…

Source: https://thehill.com/homenews/administration/580471-trump-bashes-moderate-republicans-mcconnell-over-bipartisan
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The Article Was Written/Published By: Caroline Vakil



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Drone attack by militants on Iraqi PM ‘marks escalation’ in power struggle

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Officials see strike on premier’s home as assassination attempt by Iran-backed groups trying to overturn election result

Senior figures in Iraq believe a brazen drone attack on the home of Iraq’s prime minister, Mustafa al-Kadhimi, marks an unprecedented escalation between the country’s leaders and Iran-backed militant groups attempting to overturn last month’s election.

The overnight attack is seen by Iraqi officials as an assassination attempt, and the first of its kind against a prime minister since the US-led invasion to remove Saddam Hussein nearly 19 years ago.

Continue reading…

Source: https://www.theguardian.com/world/2021/nov/07/drone-attack-on-iraqi-pms-home-marks-escalation-in-power-struggle
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The Article Was Written/Published By: Martin Chulov Middle East correspondent



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What the 14th Century Plague Tells Us About How Covid Will Change Politics

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Nearly 700 years ago, Europe experienced the single most devastating pandemic in recorded human history. Within a timespan of roughly four years (1347–1351), an outbreak of plague tread an awful path across most of the continent, claiming the lives of about half of the population. Economic activities like mining and metallurgy came to a complete stop. In some cases, villages constructed around marginal agricultural lands were entirely abandoned, to be reclaimed by the forests. Chroniclers at the time referred to the event as the “Great Mortality” — today we know it as the Black Death.

Yet the legacy of the Black Death goes well beyond human suffering. The unparalleled pandemic did not just devastate the population in the areas it hit the hardest; it killed off entire social and economic institutions — especially ones that had, up until that point, restricted human freedom and stifled prosperity.

In recently published research, we trace out how the regions that experienced the worst mortality and the most extensive destruction began to look different from those that had fared better. In regions with the highest death toll, the power and social standing of workers went up precipitously, while exploitative labor practices crumbled. As a consequence, government, particularly at the local level, became significantly more democratic and inclusive — effects that could still be seen centuries later.

Today, we may be witnessing the early stages of a similar development. The recent surge in workers quitting low wage jobs, especially in the leisure and hospitality industries, has left employers scrambling to fill empty positions. Some suggest that the Covid pandemic and its fallout have, at least in the short run, augmented the bargaining power of labor. While the available evidence on this point is mixed (there has been only a modest increase in inflation-adjusted wage rates and little change to overall levels of inequality), the history of the Black Death suggests that pandemic-driven shifts in the labor supply can have important and long-lasting economic and political ramifications.

How precisely did the Black Death have this kind of impact? Medieval medicine understood neither how the plague spread nor how it could be treated. Today we know that plague is primarily transmitted to humans by infected rat fleas, but doctors in the 14th century commonly attributed the disease to poison in the air. Easily treated by antibiotics today, treatments at the time consisted of ineffective and potentially damaging procedures such as bloodletting. If allowed to take its course, plague has extremely high mortality — roughly 60 percent-70 percent of afflicted individuals will succumb to the disease. So when the plague entered Europe via trading routes with Central Asia, the result was a calamity of unfathomable magnitude.

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The effects of mass death on the economic fortunes of workers were profound. On the eve of the Black Death, Europe was characterized by feudalism, a hierarchical social and economic system with military aristocrats (and the clergy) at the top and a large mass of peasant laborers at the bottom. Because the economy was overwhelmingly agricultural, the elite’s capital was held almost exclusively as land. Peasants were tied to this land through a highly exploitative system of forced labor called serfdom, which demanded the uncompensated provision of labor and greatly restricted workers’ mobility.

The demographic collapse wrought by the Black Death was a fundamental shock to this system — at least it was in the areas where the toll of the plague was high. The basic laws of supply and demand explain why. In areas where the plague hit hard, it decimated the labor force. At the same time, the disease left the upper classes’ main capital asset, land, completely untouched. Thus, one factor of economic production, labor, suddenly became scarce and expensive, while the other, land, became abundant and cheap. The result was a massive increase in peasants’ bargaining power. Thus, workers were able to demand better working conditions, improve their access to land and, given the challenges elites faced in policing their movement, migrate to the cities. In the years immediately following the Black Death, serfdom collapsed and was replaced by a wage economy based on free labor.

Yet this reaction to the Black Death did not take place across the whole of Europe. Although much of Western Europe (including some western areas of what we now think of as Germany) suffered from the plague with particularly high intensity, leading to those massive changes to the bargaining power of labor, Eastern Europe, which was less exposed to trade and had sparser human settlement, saw significantly less death. Consequently, in the eastern parts of Europe, including the east of German-speaking Central Europe, the system of serfdom persisted for centuries longer than it did in the West.

These differences in labor freedom had important consequences for local politics and institutions. We find that areas of Central Europe that experienced high mortality from the Black Death — leading to an early end for serfdom — developed more inclusive political institutions at the local level, such as the use of elections to select city councils. These changes initially resulted from shifts in the organization of agriculture. In areas where the Black Death hit hard, elites were forced to decentralize much of the everyday control over agricultural management to the peasants themselves. This created a local need for coordination, since agricultural production at the village-level could only be successful if peasants agreed on the crops to be harvested and the division of labor in the agricultural round. As a consequence of these early experiences with self-governance, peasant villages began to demand the right to elect their own officials. Over time, this led to wider and wider participation in collective self-governance at the local level. Such experiences fostered a lasting culture of civic engagement and cooperation that proved essential for safeguarding the freedoms of laborers from future attempts by elites to roll back the gains won in the wake of the Black Death. In the southwest region of what is today Germany, for instance, the existence of institutions of local self-government allowed peasants to organize collectively to defend themselves against elites who would have returned them to the bondage of serfdom. They did so by collecting arms, forming armies and storming castles. This feat of collective organization — the Peasants’ War of 1525 — prevented the reimposition of labor coercion.

No comparable dynamic emerged in the areas that experienced low mortality from the Black Death, where serfdom ended late. Rather, in these areas, elites subjected peasants to an increasing array of exploitative labor obligations. Our research shows that the long-term effects of this major divergence in political cultures and institutional development was visible even centuries later: Citizens from regions that had a long tradition of democratic engagement rejected parties that were strongly antidemocratic in their orientation, such as Imperial Germany’s Conservative Party in the early 1870s or the National Socialists (i.e., the Nazi party) in the Weimar Republic’s fateful 1930 and July 1932 elections. In our analysis, the link between support for antidemocratic parties and the intensity of exposure to the Black Death holds irrespective of whether or not one takes into consideration factors such as pre-Black Death population densities and measures of exposure to trade. Moreover, we also make use of the fact that the Black Death had clear seasonal patterns and a decreasing intensity over time. These patterns allow us to infer the component of local mortality rates that is independent of specific political, economic, social or cultural conditions. When doing a new analysis that is based on this component of mortality rates only, we find very similar results and again confirm our theoretical expectations. For these reasons, we believe that the Black Death had a causal impact on long-run voting behavior.

The Southern German state of Württemberg offers a good example of these dynamics. Württemberg was hit especially hard by the Black Death. As a consequence, in many parts of the state, serfdom was replaced by peasant-led forms of local self-government. The workers’ greater independence and ability to organize collectively meant that Würrtemberg became one of the earliest and most important sites of the Peasants’ War of 1525, where the peasants defended their freedoms against the nobility. The state’s long political tradition of local participatory government helps explain why, at key moments in German history, it stood as a bastion for liberal values in otherwise highly illiberal times. At the founding of the German Empire, the highly antidemocratic Conservative Party was only able to achieve an average of 2.3 percent of the vote across Württemberg’s electoral districts in the 1871 election. This stands in stark contrast to the double-digit results and majorities that it achieved in the far eastern parts of Imperial Germany. In those areas, there had not been a comparable, longstanding experience with participatory government, which made it easier for antidemocratic forces to succeed. Similarly, in the 1930 election, the citizens of Württemberg strongly rejected the National Socialists, which only achieved 9.3 percent of Württemberg’s overall vote (the second-lowest among all major electoral districts of Weimar Germany), while the party’s nationwide average was twice as high with 18.3 percent.

So, the experience of the Black Death makes clear that pandemics can contribute to greater bargaining power for workers and perhaps even long run gains in human freedom that echo across the centuries. But will today’s Covid-19 pandemic lead to lasting social changes akin to those encountered in medieval Europe? While we are very skeptical that Covid will lead to changes that are as drastic or long lasting — as neither the destructive power of today’s pandemic nor the technological constraints on the economy are comparable — some of the dynamics of social change we are currently witnessing do resemble those observed in the wake of the Black Death.

Just like in medieval Europe, the current pandemic has been followed by a scarcity of available workers — a shortage that has, in many instances, given laborers the necessary leverage to leave their jobs, participate in strikes and otherwise negotiate for better working conditions. Whether this is just a short-lived uptick in workers’ bargaining power or the antecedent to something more permanent will depend on whether these recent gains become enshrined in institutions that permit workers to act collectively in defense of their rights. This could take the form of national legislation such as the Protecting the Right to Organize (PRO) Act, which would facilitate collective action across unions and enhance worker protections against retaliation for strikes. Or, it could be the result of reforms at the state-level, such as the extension of collective bargaining rights to all public employees in states that have a blanket prohibition or that limit that right to only certain classes of public employees. Alternatively, the state-level repeal of so-called right-to-work laws, which weaken bargaining leverage of unions, would also facilitate worker collective action. Initiatives like these might help American workers peaceably claw back their share of the productivity gains that have been overwhelmingly hoarded by owners, CEOs and upper-level management.

Still, the way in which Covid contributed to the current labor shortage is different from how the Black Death did so, which has implications for how long the effects of the pandemic will last. Unlike in medieval Europe, today’s labor shortage is caused by a combination of secondary pandemic effects — not the death of workers. Specifically, many laborers who would have worked a bit longer before retiring or who struggled to find jobs in the pre-Covid economy have dropped out of the active labor force. Additionally, many young parents are unable to find child care at affordable prices, which further amplifies the existing scarcity of labor. Individuals who belong to high-risk populations may be refraining from working right now due to fears of breakthrough infections or further variants of Covid emerging.

All of these changes are less permanent than demographic collapse, which was how the Black Death altered the labor supply. Some people who have dropped out of the active labor force might choose or be forced to reenter it. Similarly, once child care becomes more accessible, parents might return to work and increase the labor supply. Finally, with booster shots and increased vaccination rates, at-risk populations might be willing to return to work. If those dynamics unfold over the coming months, unless a substantially more deadly Covid variant emerges, the current level of labor power could potentially decline. Without the institutionalization of worker power through new laws or organizations (as occured in hard-hit areas after the Black Death pandemic), the return of the labor supply to its pre-Covid level could close the window of opportunity for workers to permanently gain a fairer share of the economic pie. Under such circumstances, the slow but steady erosion of labor bargaining power in the U.S. would not be reversed, but likely continue.

This contribution is based on the authors’ recent World Politics article, which can be accessed here.

Source: https://www.politico.com/news/magazine/2021/11/07/black-death-labor-politics-covid-history-519717
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The Article Was Written/Published By: Daniel W. Gingerich and Jan P. Vogler



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Saturday, November 6, 2021

Wyden rips Musk over Telsa stock poll: ‘It’s time for the Billionaires Income Tax’

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Sen. Ron Wyden (D-Ore.) ripped Tesla and SpaceX CEO Elon Musk Saturday after Musk proposed selling a percentage of his stock on Twitter. Musk’s earlier tweet appeared to be in response to a proposal th…

Source: https://thehill.com/homenews/senate/580414-wyden-rips-musk-over-telsa-stock-poll-its-time-for-the-billionaires-income
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The Article Was Written/Published By: Caroline Vakil



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U.S. hiring rebounded in October, with 531,000 jobs added

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America’s employers stepped up their hiring in October, adding a solid 531,000 jobs, the most since July and a sign that the recovery from the pandemic recession may be overcoming a virus-induced slowdown.

Friday’s report from the Labor Department also showed that the unemployment rate fell to 4.6 percent last month, from 4.8 percent in September. That is a comparatively low level but still well above the pre-pandemic jobless rate of 3.5 percent.

The economy’s emergence from the pandemic, by most measures, remains on course. Services companies in such areas as retail, banks and warehousing have reported a sharp jump in sales. More Americans bought new homes last month. And consumer confidence rose in October.

Still, the recovery would gain strength from a sustained acceleration in hiring. The economy grew at a healthy 6.5 percent annual rate in the first half of the year as vaccinations spread and Americans showed themselves more willing to travel, shop, eat out and attend entertainment events. Yet the delta variant held economic growth in the July-September quarter to just a 2 percent annual rate and sharply slowed hiring.

Recent economic gauges have cast a hopeful picture. After several rounds of stimulus checks and other government support payments, Americans as a whole have amassed about $2.5 trillion more in savings than they had before the pandemic. As that money is spent, it will likely fuel further economic activity.


The Conference Board, a business research group, said that in its October consumer confidence survey, the proportion of Americans who said they planned to buy cars, homes or major appliances all rose. And nearly half the survey respondents said they planned to vacation in the next six months — the highest such proportion since February 2020, before COVID-19 ripped through the economy.

Yet some companies say they still can’t find enough workers to fill jobs. Many parents, particularly mothers, haven’t returned to the workforce after having left jobs during the pandemic to care for children or other relatives. Defying the predictions of some, the expiration of a $300-a-week federal unemployment supplement hasn’t caused more people to look for work. Roughly 5 million fewer people have jobs now than did before the pandemic.

Most economists say they’re hopeful that with vaccinations helping to suppress the delta wave, more people will seek and find jobs because they’re no longer sick or caring for someone who is or because they no longer fear becoming infected. Those health issues had sidelined more people in September than in previous months.

America’s workers, who now enjoy greater leverage in the job market than they have in decades, are receiving solid pay increases. The draw of higher income could entice more people to come off the sidelines and look for work again. Wages and salaries in the July-September quarter, compared with a year earlier, jumped by the most in 20 years. Most of that gain, though, went to already employed people who left their jobs: The number of people who quit, mostly to take new positions, has reached a record high.

Rising inflation, though, has eroded much of the value of those pay increases and has become the most serious headwind for the U.S. economy. Higher costs for food, heating oil, rents and furniture have burdened millions of families. Prices rose 4.4 percent in September compared with 12 months earlier, the sharpest such increase in three decades.

That inflation surge was a key reason why the Federal Reserve announced this week that it would begin winding down the stimulus it has given the economy since the pandemic recession struck last year. The Fed will do so by reducing its monthly bond purchases, which have been intended to hold down long-term interest rates to spur borrowing and spending.

Chair Jerome Powell suggested that it won’t be possible to gain a clear picture of the job market’s health until the impact of COVID-19 declines further, which could take months.

Yet in the meantime, there are plenty of signs that the economy is healing: The number of people applying for first-time unemployment benefits fell for a fifth straight week, to a level nearly as low as the pace of jobless claims before the pandemic struck 20 months ago.

And while hiring has slowed for now, consumers as a whole have solid financial cushions. After several rounds of stimulus checks and other government support payments, Americans overall have amassed about $2.5 trillion more in savings than they had before the pandemic. As that money is spent, it will likely fuel further economic activity.

Source: https://www.politico.com/news/2021/11/05/hiring-october-rebound-519678
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The Article Was Written/Published By: Associated Press



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Congress puts pressure on Biden to defend Taiwan

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China’s military provocations toward Taiwan and President Joe Biden’s mixed messages are igniting a debate on Capitol Hill over whether to adopt a more aggressive official posture — including the possibility of preemptively authorizing Biden to use military force if Beijing invades the island nation.

The conversations, coupled with the White House’s efforts to walk back some of Biden’s apparent slips of the tongue, are fueling bipartisan efforts to ditch “strategic ambiguity,” the policy that has governed the U.S. posture toward the conflict for more than four decades. The strategic ambiguity doctrine, enshrined in the 1979 Taiwan Relations Act, stipulates that the U.S. remains purposely noncommittal about whether it would defend Taiwan from an attack or invasion by China.

But a push to proactively send Biden a war authorization could subvert ongoing efforts by Congress and the Biden administration to restrict presidential war powers. And undermining the status quo on Taiwan, both parties worry, could be seen by Beijing as a provocation, rather than a deterrent.

“This needs a very directed response from all of us that is properly worded,” said Sen. Jim Risch of Idaho, the top Republican on the Senate Foreign Relations Committee. “Because there’s a very delicate balance here, and we have maintained that delicate balance for many, many years. And it would be troublesome if we upset that.”

“I’m not interested in a cold war or a hot war,” said Rep. Jim McGovern (D-Mass.), a longtime proponent of reining in presidential war powers. “And I think that we ought to be focused on finding ways to prevent any kind of confrontation.”

Biden himself has been the source of some uncertainty about the U.S. position. In a recent CNN town hall, the president said “we have a commitment to” come to Taiwan’s defense if China attacks or invades the island nation — seemingly contradicting the strategic ambiguity policy.

White House officials quickly clarified that Biden was not announcing a policy change and that he was reiterating the U.S. commitment to Taiwan’s defense. But many Republicans — and, indeed, some Democrats — had hoped that he was, in fact, telegraphing a shift.

Rep. Elaine Luria (D-Va.), a retired Navy officer and the vice chair of the House Armed Services Committee, said in an interview that Congress should consider sending Biden a “very narrow and specific contingent authorization for the use of military force” to defend Taiwan. That action would effectively gut “strategic ambiguity” and allow the president to respond immediately to a Chinese attack or invasion without waiting for Congress to send him an authorization.

Luria added it could take weeks or months for Congress to consider and debate a war authorization if China were to attack. The U.S. would need to be ready to respond at a moment’s notice, she said, and that means being “less ambiguous” about “what our intentions are.”

“If we are going to intervene in a way that would limit the scope of conflict, prevent China from invading Taiwan, or deter them, then we could avoid a full-scale war,” she said.

Most members of Congress, Democrats and Republicans alike, are reluctant to give the president front-end authority to intervene militarily in the event of a Chinese invasion of Taiwan. Such an effort would also come at a time when bipartisan majorities in both chambers are moving to rein in, rather than ramp up, presidential war powers by taking outdated authorizations off the books.

“I am not a fan or advocate of giving war powers proactively to a president,” Senate Foreign Relations Chair Bob Menendez (D-N.J.) said in a brief interview. “If the president feels that that’s necessary, then he needs to come to Congress and then he can get an authorization for the use of military force.”

A senior administration official told POLITICO that the White House will “continue to engage with Congress on these important matters,” and that the Biden administration remains committed to the existing U.S. policy toward Taiwan.

At the same time, though, some lawmakers are expressing an openness to further bolstering Taiwan’s defensive capabilities — in ways that could muddle the strategic ambiguity policy.

“I do think that there are ways that we can enable Taiwan, whether that’s through foreign military sales, whether it is leverage with China, whatever we can find,” said Sen. Joni Ernst (R-Iowa), a combat veteran and a member of the Senate Armed Services Committee.

Earlier this week, Sen. Josh Hawley (R-Mo.), an Armed Services Committee member, introduced legislation that would send $3 billion each year to Taiwan for the purpose of boosting its military capabilities as a deterrent against Chinese aggression. He warned, however, that the U.S. should not suggest to Taipei that Washington would be standing by to head off an attack.

“It’s really important that we arm Taiwan and help them to defend themselves. China wants to gobble them up,” Hawley said in a brief interview. “But I think it’s also a mistake for [Taiwan] to say, ‘well, if something happens, the United States will just bail us out.’ They’re a long way away.”

Biden, a former senator and chair of the Foreign Relations Committee, has long been wary of drawing the U.S. into a war with China over Taiwan. In a May 2001 Washington Post op-ed, Biden criticized then-President George W. Bush for declaring that the U.S. has an obligation to defend Taiwan, similar to what the now-president said in the CNN town hall.

“No one expects world leaders to always stick the landing on their rhetoric,” said Sen. Todd Young (R-Ind.), a Foreign Relations Committee member. “And the strategic ambiguity is maintained when, after a media event, one clarifies one’s comments.”

At a news conference in Glasgow earlier this week, Biden said he was not worried about an armed conflict with China or even “something happening accidentally.”

“This is competition. It does not have to be conflict,” Biden said.

Indeed, the Biden administration has shown little interest in stepping back from strategic ambiguity, even as the president himself has hinted at a policy change in his off-the-cuff remarks. And some lawmakers are cautioning against statements and other actions that could upend the long-standing U.S. policy toward Taiwan, noting that the situation remains extraordinarily fragile.

“I think we have had a reasonably solid policy around Taiwan for going on 40 years now, and I don’t see a need to make that sort of an abrupt change to it,” said Rep. Adam Smith (D-Wash.), who chairs the House Armed Services Committee.

Gen. Mark Milley, the chair of the Joint Chiefs of Staff, said in an interview this week that the U.S. “absolutely” has the capability to defend Taiwan. While he doesn’t believe an invasion is likely in the near-term, “the Chinese are clearly and unambiguously building the capability to provide those options to the national leadership if they so choose at some point in the future,” he added.

That includes China’s recent test of a hypersonic missile, which some analysts have referred to as Beijing’s “Sputnik moment,” as well as its recent strike-group flyover which triggered Taiwan’s missile defense systems.

Others, like Adm. John Aquilino, head of U.S. Indo-Pacific Command, say that the possibility of a Chinese invasion is “much closer to us than most think,” adding that Beijing views a Taiwan takeover as its number-one priority.

Sen. Dan Sullivan (R-Alaska), an Armed Services Committee member and a colonel in the Marine Corps Reserves, noted that the U.S. has always reacted forcefully to actions by the Chinese that might portend a military conflict.

But, he said, “I think we need to think really hard about whether and to what degree we change the current posture.”

Source: https://www.politico.com/news/2021/11/05/congress-biden-taiwan-519689
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9 Surreal Photos of Volcanic Ash Blanketing One of the Canary Islands

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The Cumbre Vieja volcano on the island of La Palma in the Spanish Canary Islands is on its sixth straight week of eruption, seriously shaking up life on the island as it’s forced 7,000 people to evacuate, destroyed 2,500 homes, and created strange and hazardous side effects. As the volcano keeps erupting—and residents…

Read more…

Source: https://gizmodo.com/9-surreal-photos-of-volcanic-ash-blanketing-one-of-the-1847988877
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The Article Was Written/Published By: Molly Taft



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US Department of Energy wants to dramatically reduce the cost of carbon capture technology

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The US Department of Energy wants to accelerate the development of carbon capture technology. On Friday, the agency announced a program called Carbon Negative Shot. Part of its Energy Earthshots initiative, the goal here is to foster the development of carbon capture technology that can sequester CO2 at a cost of less than $100 per ton, and can be deployed at the gigaton scale. To put that in perspective, that much carbon is equivalent to the annual emissions of approximately 250 million cars.

“By slashing the costs and accelerating the deployment of carbon dioxide removal — a crucial clean energy technology — we can take massive amounts of carbon pollution directly from the air and combat the climate crisis,” said Secretary of Energy Jennifer M. Granholm. “With our Carbon Negative Shot, we can help remove the greenhouse gases already warming our planet and affecting our health — positioning America as a net-zero leader and creating good-paying jobs for a transitioning clean energy workforce.”

If it wasn’t clear already, the Energy Department has set an ambitious target. In September, Orca, the largest direct carbon capture facility ever, opened in Iceland. The plant will capture 4,000 tons of CO2 per year at a cost of about $600 per ton for bulk purchases. Chimeworks, the company that operates Orca, aims to reduce the cost to $300 or less per ton by 2030. That’s a long way away from the Energy Department’s goal of less than $100 per ton, but sustained and substantial support and investment from the government is exactly what could make that happen.

Source: https://www.engadget.com/department-of-energy-carbon-negative-shot-204740973.html?src=rss
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The Article Was Written/Published By: Igor Bonifacic



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