Category : * Economics, Politics

(Martin Plaut) Clarity from chaos:  does the truth of Nigeria’s mass murders lie in data?

Four years on, the data has astonished us – and reinforced our fears.

Our findings:  Boko Haram and ISWAP (the local ISIS group) carry out only a fraction of civilian killings:  just 10%.

A terror group unrecognised outside the country murders far more people

The Fulani Ethnic Militia (FEM) – a loose network of Fulani Islamist militias – are behind at least 39% of all civilian killings, and probably more.  Christian farmers are their special target.  ‘Land-based attacks’ – planned invasions of selected villages or homes, and occupation of the land  –  are their strategy.  Communities are chosen;  this is jihadist violence.

Overall, 2.7 Christians were killed for every Muslim killed in the data period.  Notably, Muslims are also terribly affected by the violence.  In states where the attacks occur, proportional loss to Christian communities is far higher.  In terms of local populations, 6.5 times as many Christians were murdered as Muslims.   As the charity Open Doors notes, a vast flight of poor Nigerians is now underway.

Read it all.

Posted in Death / Burial / Funerals, Nigeria, Terrorism, Violence

(Gallup) Economy Most Important Issue to 2024 Presidential Vote

The economy ranks as the most important of 22 issues that U.S. registered voters say will influence their choice for president. It is the only issue on which a majority of voters, 52%, say the candidates’ positions on it are an “extremely important” influence on their vote. Another 38% of voters rate the economy as “very important,” which means the issue could be a significant factor to nine in 10 voters.

Voters view Donald Trump as better able than Kamala Harris to handle the economy, 54% versus 45%. Trump also has an edge on perceptions of his handling of immigration (+9 percentage points) and foreign affairs (+5), while Harris is seen as better on climate change (+26), abortion (+16) and healthcare (+10). The candidates are evenly matched on voters’ impressions of who would better address gun policy.

Just under half of voters overall agree with Trump (49%) or Harris (47%) on the issues that matter most to them.

Read it all.

Posted in * Culture-Watch, * Economics, Politics, America/U.S.A., Economy, Politics in General, Sociology

(Christian Today) Chris Packham leads calls to rewild Church of England

TV presenter and conservationist Chris Packham has led calls to the Church of England to commit to re-wilding 30 per cent of its land. 

The call is backed by high profile figures including former Archbishop of Canterbury, Rowan Williams, former cabinet minister Michael Gove, and actor and broadcaster Stephen Fry, as well as 100,000 members of the public. 

The campaign, by the Wild Card group, was launched on the steps of St Paul’s Cathedral in London, where Packham unravelled the ’95 Wild Theses’ – a spin on Martin Luther’s Ninety-five Theses that triggered the Protestant Reformation. 

Read it all.

Posted in Animals, Church of England, Ecology, Energy, Natural Resources, Stewardship

(Economist) Big tech is bringing nuclear power back to life

“Nuclear Nightmare,” screamed the headline in Time magazine on April 9th 1979. One of the two reactors at a nuclear-power plant at Three Mile Island in Pennsylvania had suffered an accident. The governor ordered an evacuation of all vulnerable people within five miles of the plant as radioactive gas escaped.

In the end, the accident resulted in no injuries or loss of life. Two decades later, The Economist visited the Pennsylvania hinterlands and found the second, unproblematic reactor still running well and enjoying strong local support. It cranked out power until it was mothballed in 2019 owing not to safety concerns but to competition from cheap shale gas.

Now Three Mile Island is coming back from the dead. On September 20th Microsoft, a tech giant, and Constellation Energy, the utility that decommissioned the trouble-free reactor, signed a deal to return it to service. The utility will spend about $1.6bn to restore the plant by 2028. Microsoft will then buy its carbon-free power for the next 20 years.

Read it all.

Posted in Corporations/Corporate Life, Energy, Natural Resources, Science & Technology

(Bloomberg) “One-in-a-thousand year rainfall event”Helene has Reinsurers Preparing For a Historic Loss

In 2022, Ian caused about $60 billion of insured losses. Milton may result in $60 billion to $75 billion of damages and losses, with some models showing the total reach as much as $150 billion, Chuck Watson, a disaster modeler at Enki Research, said in an X post.

Cat-bond investors may also take a hit from the inland flooding caused by Hurricane Helene. Moody’s RMS estimates that US private-market insured losses from Helene will be $8 billion to $14 billion.

“Helene was a one-in-a-thousand year rainfall event,” said Jonathan Schneyer, director of catastrophe response at CoreLogic Inc., a catastrophe-modeling firm in Irvine, California. “It shows the power of a hurricane further inland.”

Read it all.

Posted in Corporations/Corporate Life, Natural Disasters: Earthquakes, Tornadoes, Hurricanes, etc.

(PRC) Prices are up in all U.S. metro areas, but some much more than others

Inflation in the United States is down significantly from its recent highs, falling from an annual rate of 9.1% in June 2022 to 2.5% in August 2024. But actual prices remain elevated and, absent a recession, are likely to stay that way.

On average, consumer prices in August 2024 were 22.0% above where they were in January 2020, before the COVID-19 pandemic scrambled the U.S. economy and much of the rest of American life. Today, 74% of Americans say they are very concerned about the price of food and consumer goods, while 69% say the same about housing costs, according to a recent Pew Research Center survey.

Of course, people don’t live on national averages. They live in particular places and buy particular things, and their experiences of inflation depend greatly on those particulars. The cost of apartments in Atlanta, bananas in Boston and sportswear in Seattle all factor into the national average inflation rate but can – and do – vary considerably from it….

Read it all.

Posted in * Economics, Politics, America/U.S.A., Consumer/consumer spending, Economy, Personal Finance, Urban/City Life and Issues

(WSJ) One Year After Oct. 7, Israel Sees a Future at War

One year after the brutal Hamas attack that ended Israel’s two-decade golden age of relative peace, expanding wealth and growing diplomatic ties, the country is now firmly on the counterattack and preparing to be at war for years.

Weathering a ferocious Iranian missile assault in recent days and shaking off calls from allies for a cease-fire in Gaza, Israel is instead opening new theaters of fighting.

It launched a stunning series of attacks against the Lebanese militia Hezbollah in Lebanon in recent weeks, while simultaneously targeting Houthi rebels in Yemen, rooting out militancy in the occupied West Bank and mapping out its next steps against Iran, the architect of a so-called axis of resistance that includes U.S.-designated terrorist groups bent on destroying Israel.

The campaign marks an aggressive shift in Israel’s security posture. 

Read it all.

Posted in Foreign Relations, Iran, Israel, Jordan, Lebanon, Middle East, Military / Armed Forces, Terrorism

(Reason) The nation’s public pension systems had $1.59 trillion in total unfunded liabilities at the end of 2023

Public pension systems in the U.S. have seen a significant increase in unfunded liabilities, particularly during the Great Recession. Between 2007 and 2010, unfunded liabilities grew by over $1.11 trillion—a 632% increase—reflecting the financial challenges faced during that period. Despite some improvements in funding ratios over the last decade, these liabilities have continued to rise, underscoring ongoing financial pressures.

As of the end of the 2023 fiscal year for each public pension system, total unfunded public pension liabilities (UAL) reached $1.59 trillion, with state pension plans carrying the majority of the debt.

The median funded ratio of public pension plans stood at 76% at the end of 2023, but stress tests suggest that another economic downturn could significantly increase unfunded liabilities, potentially raising the total to $2.71 trillion by 2025.

Read it all.

Posted in * Economics, Politics, Aging / the Elderly, Economy, Pensions

(Church Times) African women pen open letter on sexual violence

Sexual violence against women and girls is being seen as the defining characteristic of the worsening civil war in Sudan, as more evidence of the widespread use by all sides of rape as a weapon of war.

An open letter by 253 women across Africa and in the diaspora has called for urgent international action in response to a conflict described as being “fought on the bodies of women and girls”.

It refers to reports of gang rapes of girls as young as nine, and older women, including grandmothers raped in front of their daughters and granddaughters. Male relatives are frequently forced to watch. Women have also reported being targeted because of their ethnicity.

Read it all.

Posted in Anthropology, Defense, National Security, Military, Ethics / Moral Theology, Military / Armed Forces, Pastoral Theology, Sexuality, Sudan, Theology, Violence, Women

The Canticle of the Sun for Saint Francis of Assisi’s Feast Day

Most high, all powerful, all good Lord!
All praise is Yours, all glory, all honor, and all blessing.

To You, alone, Most High, do they belong.
No mortal lips are worthy to pronounce Your name.

Be praised, my Lord, through all Your creatures,
especially through my lord Brother Sun,
who brings the day; and You give light through him.
And he is beautiful and radiant in all his splendor!
Of You, Most High, he bears the likeness.

Be praised, my Lord, through Sister Moon and the stars;
in the heavens You have made them bright, precious and beautiful.

Posted in Animals, Church History, Energy, Natural Resources, Liturgy, Music, Worship, Poetry & Literature

(Economist) The year that shattered the Middle East

Ever since Hamas’s slaughter of Israelis on October 7th 2023, violence has been spreading. One year on, the Middle East is an inch away from an all-out war between Israel and Iran. Israel’s skilful decapitation of Hizbullah, a Lebanese militia backed by Iran, prompted the Islamic Republic to rain missiles on Israel on October 1st. Israel may retaliate, perhaps striking Iran’s industrial, military or nuclear facilities, hoping to end once and for all the threat it poses to the Jewish state.

Iran is certainly a menace, and use of force against it by Israel or America would be both lawful and, if carefully calibrated, wise. But the idea that a single decisive attack on Iran could transform the Middle East is a fantasy. As our special section explains, containing the Iranian regime requires sustained deterrence and diplomacy. In the long run, Israel’s security also depends on ending its oppression of the Palestinians.

Iran’s latest direct attack on Israel consisted of 180 ballistic missiles. Unlike an earlier strike in April, this time Iran gave little warning. But as before, most of the projectiles were intercepted. The salvo was a response to the humiliation of its proxy, Hizbullah, which until two weeks ago was the most feared militia in the region. No one should shed tears for a terrorist outfit that has helped turn Lebanon into a failed state. For the past year Hizbullah has bombarded Israel, forcing the evacuation of civilians in its northern belt. Israel’s counter-attack, unlike its invasion of Gaza, was long-planned. It has made devastating use of intelligence, technology and air power, killing the militia’s leaders, including its chief, Hassan Nasrallah, maiming its fighters with exploding pagers and destroying perhaps half of its 120,000 or more missiles and rockets.

Read it all.

Posted in Foreign Relations, Globalization, Iran, Israel, Middle East, Military / Armed Forces

(CNBC) The East and Gulf coast ports strike could be a no-win situation for the Biden administration

President Joe Biden and his administration are sticking to their position of not invoking the Taft-Hartley Act to force International Longshoremen’s Association dock workers back on the job at East and Gulf coast ports where a strike is hitting day two on Wednesday, a political decision that reflects the power of unions one month out from an election but risks losing some progress on what is the No. 1 issue for many voters: the economy.

Rhetoric from Cabinet secretaries, including Transportation Secretary Pete Buttigieg and acting Labor Secretary Julie Su, has become sharper in recent days, pointing the finger at the ports ownership and ocean carriers. But right now, there is no sign of any progress bringing the ILA and port owners back to the table for a new round of negotiations, according to CNBC sources. And there remains a big risk on the other side of the political decision-making: wage increases that are a win for workers but ultimately ripple through the economy in the form of higher prices, both domestically and around the world.

Much of the focus about the economic impact of the ports strike to date has been focused on the direct hit to the economy from the massive trade shutdown, and the ways in which supply chain congestion and delays can result in higher prices being passed along to consumers, which will become a bigger factor the longer a strike persists. But maritime and business experts are also warning about the risk of persistent wage inflation making its way into supply chain prices that the Federal Reserve has recently been successful in taming.

Read it all.

Posted in * Economics, Politics, Economy, Labor/Labor Unions/Labor Market, President Joe Biden

(Bloomberg) American Dams Weren’t Built for Today’s Climate-Charged Rain and Floods

As flooding hammered Appalachia in the aftermath of Hurricane Helene, residents became intimately familiar with a new norm in the US’s post-storm script: dams at imminent risk of failing.

Officials last week said multiple dams were on the brink, including Tennessee’s Nolichucky Dam and North Carolina’s Walters and Lake Lure dams. People in nearby communities were ordered to evacuate.

Ultimately, the dams held. But the close calls highlighted the stress on the nation’s dams, many of which are more than half a century old and none of which were designed for the higher levels of precipitation brought on by climate change.

Read it all.

Posted in Climate Change, Weather, Ecology, Energy, Natural Resources, Natural Disasters: Earthquakes, Tornadoes, Hurricanes, etc.

(NYT) Is the long-feared “wider war” in the Middle East here?

The long-feared “wider war” in the Middle East is here.

For the last 360 days, since the images of the slaughter of about 1,200 people in Israel last Oct. 7 flashed around the world, President Biden has warned at every turn against allowing a terrorist attack by Hamas to spread into a conflict with Iran’s other proxy force, Hezbollah, and ultimately with Iran itself.

Now, after Israel assassinated the Hezbollah chief, Hassan Nasrallah, and began a ground invasion of Lebanon, and after Iran retaliated on Tuesday by launching nearly 200 missiles at Israel, it has turned into one of the region’s most dangerous moments since the Arab-Israeli War of 1967.

The main questions now are how much the conflict might intensify, and whether the United States’ own forces will get more directly involved.

Read it all.

Posted in * Economics, Politics, Economy, Foreign Relations, Globalization, Iran, Israel, Lebanon, Military / Armed Forces

(Local Paper) 45,000 dockworkers are now on strike at 36 US ports, including South Carolina’s

For the first time in nearly 50 years, dockworkers at ports along the East and Gulf coasts have gone on strike.

Members of the International Longshoremen’s Association walked off the job at 12:01 a.m. Oct. 1 — the minute their six-year labor contracts expired — with three local Charleston union affiliates picketing outside S.C. State Ports Authority terminals for better wages, job security and “respect.”

Nearly 20 people stood along Morrison Drive in Charleston, across from the SPA’s Columbus Street Terminal, holding high signs that read “No work without a fair contract” and “Automation hurts families: ILA stands for job protection.”

Randy Campbell, a union vice president, said that members of his local ILA 1771, and two others, 1422 and 1422A, will remain outside of the Wando Welch, North Charleston and Columbus Street terminals until negotiations are done.

Read it all.

Posted in * South Carolina, Labor/Labor Unions/Labor Market

The Archbishop of Canterbury’s speech at the International Meeting for Peace

Reconciliation is not an event; it is a process taking generations. In 1945, Europe was a hopeless and bankrupt slaughterhouse of hatred and cruelty. Today, there are huge struggles, but the only place we ever truly express rivalry and hunger for victory is on the football field. And France is remarkably successful.

Reconciliation requires human participation. It happens through the brilliance of leadership, de Gasperi, Adenauer, Monnet, Schumann, de Gaulle, Churchill, General Marshall. Defying the bloodshed of the past, it beats swords into ploughshares. Reconciliation means history that is true. It means healing past hurts and admitting wrongs.

Reconciliation is not only agreement, although agreement is necessary; reconciliation is the transformation of destructive conflict into creative rivalry underpinned by mutual acceptance and love. It is a cycle of peace, justice, and mercy, building up a structure shining in the love of God. A moment of peace opens the way to truth telling. Truth telling sows the seeds of relationships. They allow a gram more of peace. In this thin soil of peace, justice can be sown. Amidst justice a fragile confidence appears. From confidence the next and better circle can begin.

But the foundation of it all is prayer, for in prayer we commit ourselves to partnership with God.

Read it all.

Posted in --Justin Welby, Archbishop of Canterbury, Foreign Relations, Globalization, Politics in General, Religion & Culture

(Science) Photos open rare window into North Korea’s nuclear weapons program

North Korea this month lifted the veil on one of its most closely guarded nuclear secrets, releasing the first public photos of centrifuges it uses to make bomb-grade uranium. The revelatory images of North Korean leader Kim Jong Un touring a vast centrifuge hall, along with the recent startup of a reactor that may be producing plutonium and tritium for atomic weapons, heighten concerns over the rogue nation’s growing arsenal. They also help bring its nuclear program into sharper focus.

Kim’s nuclear whistle stop, which also included images of a smaller centrifuge hall, follows a speech in which he reiterated a 2023 vow to “exponentially” increase his nuclear stockpile. He has suggested the effort will include large numbers of tactical nuclear weapons, lower yield devices designed for short- or medium-range missiles. “North Korea is deadly serious about deploying large numbers of tactical nuclear weapons,” says Jeffrey Lewis, a North Korea expert at the James Martin Center for Nonproliferation Studies. Tactical nukes would pose an especially grave threat to neighboring South Korea.

Read it all.

Posted in Foreign Relations, North Korea, Science & Technology

(NYT front page) Her Children Were Sick. Was It ‘Forever Chemicals’ on the Family Farm?

Allison Jumper’s family was a picture of healthy living. Active kids. Wholesome meals. A freezer stocked with organic beef from her in-laws’ farm in Maine.

Then in late 2020, she got a devastating call from her brother-in-law. High levels of harmful “forever chemicals” had been detected on their farm and in their cows’ milk, and they were getting shut down.

At first, Mrs. Jumper worried only about her in-laws’ livelihoods. But soon, her mind went somewhere else: to her own children’s mysterious health issues, including startlingly high cholesterol levels.

“Then it hit me,” she said at her home in Durham, N.H. “Could it be the beef?”

Read it all.

Posted in Children, Corporations/Corporate Life, Ecology, Energy, Natural Resources, Ethics / Moral Theology, Marriage & Family, Science & Technology

(Economist) Governments are bigger than ever. They are also more useless

You may

sense that governments are not as competent as they once were. Upon entering the White House in 2021, President Joe Biden promised to revitalise American infrastructure. In fact, spending on things like roads and rail has fallen. A flagship plan to expand access to fast broadband for rural Americans has so far helped precisely no one. Britain’s National Health Service soaks up ever more money, and provides ever worse care. Germany mothballed its last three nuclear plants last year, despite uncertain energy supplies. The country’s trains, once a source of national pride, are now always late.

You may also have noticed that governments are bigger than they once were. Whereas in 1960 state spending across the rich world was equal to 30% of GDP, now it is above 40%. In some countries growth in the state’s economic power has been still more dramatic. Since the mid-1990s Britain’s government spending has risen by six percentage points of gdp, while South Korea’s has risen by ten points. All of which raises a paradox: if governments are so big, why are they so ineffective?

The answer is that they have turned into what can be called “Lumbering Leviathans”. In recent decades governments have overseen an enormous expansion in spending on entitlements. Because there has not been a commensurate increase in taxes, redistribution is crowding out spending on other functions of government, which, in turn, is damaging the quality of public services and bureaucracies. The phenomenon may help explain why people across the rich world have such little faith in politicians. It may also help explain why economic growth across the rich world is weak by historical standards.

Read it all.

Posted in * Culture-Watch, Corporations/Corporate Life, Ethics / Moral Theology, History, Law & Legal Issues, Politics in General

(WSJ) America’s Ambitious Climate Plan Is Faltering

Climate optimism is fading. Higher costs, pushback from businesses and consumers, and the slow rollout of technology are delaying the transition from fossil fuels.

Renewable energy is growing faster than expected. But surging demand for power is sucking up much of that additional capacity and forcing utilities to burn fossil fuels, including coal, for longer than expected.

With greenhouse-gas emissions continuing at record levels, scientists expect floods and heat waves to get worse. This year is on track to be the hottest on record.

“The pace of our response is obviously totally insufficient,” said Sonia Seneviratne, a climate scientist at Swiss university ETH Zurich. On this trajectory, “it will become increasingly impossible to face the changing climate we are going to experience,” she said.

Read it all.

Posted in America/U.S.A., Corporations/Corporate Life, Ecology, Energy, Natural Resources, Ethics / Moral Theology, Politics in General, Science & Technology

(Telegraph) Ambrose Evans-Pritchard–Enjoy the torrid Fed rally, but the world is not out of the woods yet

The start of a Fed rate-cutting cycle is a huge moment for the international financial system. Central banks in emerging markets can loosen a little without fearing a run on their currencies. Indonesia’s central bank has stopped defending the rupiah and dared to cut rates. India’s Sensex stock index hit an all-time high on Thursday as markets anticipate a new world of abundant liquidity and surging inflows of foreign funds.

The Fed’s jumbo half-point cut is transmitted instantly to the 40-odd countries and currency boards linked to the US dollar in one way or another. These regions were forced to import the most aggressive tightening cycle in 40 years through their exchange rates, whether or not their local economies were synchronised with the US cycle….

But there is a large caveat to this rosy global picture. It all depends on whether the Fed is ahead of the curve and delivers a soft landing; or whether it is behind the curve, has misjudged the delayed effects of past tightening, and has already let recessionary dynamics take hold.

These binary outcomes can have drastically different consequences for the world.

Mislav Matejka, equity strategist at JP Morgan, says there have been four soft landings and eight recessions in the last 12 Fed cycles. The “softs” delivered stock market gains of 20pc or so over the following year. The “hards” led to months of sell-offs, snowballing into wipeout crashes in 2001 and 2008. This time the starting point is stretched after a 26pc rise in Wall Street’s S&P 500 index over the last year.

Read it all.

Posted in Economy, Federal Reserve

(Economist) Pennsylvania, the crucial battleground in America’s election

On July 21st Matt Roan, chair of the Cumberland County Democratic Committee, hosted a meeting with volunteers. The event took a turn when Mr Roan stopped to read a statement from Joe Biden announcing his departure from the presidential race. “There was this sort of sense of sadness—and then immediate hope,” Mr Roan recalls in his office, which overlooks the Pennsylvania state capitol. The activist speaks highly of Mr Biden but acknowledged that “things were not looking good” at the time. The rise of Kamala Harris attracted a surge of volunteers to a county that favoured Donald Trump by around 18 points in 2016 but only 11 points in 2020. If such improvements hold there and in other areas like it, Ms Harris would probably win the state and the presidency.

Both campaigns see Pennsylvania as a fulcrum of the 2024 election, and for good reason. The Economist’s forecast model suggests that the state—with its 19 electoral-college votes, the most of any swing state—is the tipping-point in 27% of the model’s updated simulations, meaning it decides the election more often than any other state. Mr Trump wins only 7% of the time when he loses the Keystone State. Indeed, he narrowly won Pennsylvania in 2016, and then he lost by 80,000 votes out of nearly 7m cast in his unsuccessful re-election bid four years later.

No state has drawn more money. Of the $839.5m that the Harris campaign and allied organisations already have spent or committed to advertising, $164.1m has gone to this state of 13m people. The less well-heeled Trump operation has directed $135.7m of $458.8m to Pennsylvania. Turn on the television, watch a YouTube video or listen to the radio inside Pennsylvania and it won’t be long before spots for Ms Harris or Mr Trump begin to play.

Read it all.

Posted in * Economics, Politics, America/U.S.A., Economy, Politics in General

(Church Times) Church of England invests millions to slash its carbon emissions

Further tens of millions of pounds are to be pumped into efforts to drastically reduce the Church of England’s carbon emissions over the next six years, the first impact report on its net-zero programme says.

The report summarises progress on the General Synod’s ambition to achieve net zero by 2030, which was set in 2020 (News, 12 February 2020). The Synod approved a “route map” to this goal two years later (News, 15 July 2022).

In real terms, the target is to decrease the Church’s emissions — mainly from its buildings — by 90 per cent against the current baseline: 415,000 tonnes of carbon-dioxide equivalent (415,000T CO2e). The remaining ten per cent is to be offset by carbon-cancelling schemes, such as tree-planting and installing solar panels.

Read it all.

Posted in Church of England (CoE), Corporations/Corporate Life, Ecology, Ethics / Moral Theology, Stock Market

(CNN) US military aid packages to Ukraine shrink amid concerns over Pentagon stockpiles

US military aid packages for Ukraine have been smaller in recent months, as the stockpiles of weapons and equipment that the Pentagon is willing to send Kyiv from its own inventory have dwindled. The shift comes amid concerns about US military readiness being impacted as US arms manufacturers play catchup to the huge demand created by the war against Russia.

The shortage means the Biden administration still has $6 billion in funds available to arm and equip Ukraine, but the Pentagon lacks the inventory it is willing to deliver more than two years into the war, two US officials told CNN.

“It’s about the stockpiles we have on our shelves, what [the Ukrainians] are asking for, and whether we can meet those requests with what we currently have” without impacting readiness, one of the officials said.

The Pentagon has asked Congress for more time to spend that money before it expires at the end of September, according to Maj. Gen. Pat Ryder, the Pentagon press secretary. It’s a stark reversal from last winter, when the administration was pleading with lawmakers for additional funding to support Ukraine against Russia’s invasion.

Read it all.

Posted in America/U.S.A., Foreign Relations, Military / Armed Forces, Politics in General, Russia, Ukraine

(DW) FBI disrupts major Chinese hacking group, director says

The FBI said on Wednesday that it had disrupted a Chinese hacking group nicknamed “Flax Typhoon”  that targeted critical infrastructure in the United States.

The Flax Typhoon hackers installed malicious software on thousands of computers and other internet-connected devices including cameras, video recorders and routers.

This created a botnet — a massive network of infected computers.

Universities, government agencies, telecommunications providers, media organizations and NGOs were among the targets, the FBI said.

“Flax Typhoon’s actions caused real harm to its victims, who had to devote precious time to clean up the mess when they discovered the malware,” said FBI director Chris Wray.

Read it all.

Posted in Foreign Relations, Politics in General, Science & Technology, The U.S. Government

(Bloomberg) Xi Unleashes a Crisis for Millions of China’s Best-Paid Workers

It’s 1 a.m. and Thomas Wu is riding his bike on the empty streets of Shanghai. The 43-year-old insurance executive has had another meltdown.

Wu’s pay has been slashed by 20% in a nationwide push to lower salaries at state-owned finance companies. He frets about layoffs and wonders how he’ll find 600,000 yuan ($84,500) to keep his two children in international school — a hallmark of upper-middle-class life in China. His six-year-old is behind in math.

“What’s the point of driving our kids nuts studying so hard?” Wu said. “The top-tier graduates can’t find a job, those who come back from overseas can’t find a job.” Pay increases, he says, are no longer tied to effort. “My work is meaningless.”

Read it all.

Posted in * Economics, Politics, Anthropology, China, Economy, Ethics / Moral Theology, Labor/Labor Unions/Labor Market, Politics in General, Psychology

(WSJ) The Missing Girls: How China’s One-Child Policy Tore Families Apart

Ricki Mudd was born in 1993 in China during the one-child policy era. She remembers her early childhood only in fragments, but has been told she had spent some of it hidden in a bag.

At age 5, she was adopted from a Chinese orphanage, one of the more than 150,000 children China sent overseas. Most were girls. In the West, they were one of the most visible consequences of the one-child policy, which ended in 2016. This month, Beijing put an end to foreign adoptions

China is grappling with a demographic crisis, with dropping birthrates and a rapidly aging population. The policies to control the population have given way to new ones in the opposite direction. But a legacy of the one-child policy is a dearth of women of childbearing age.

Because of a government decree that led to forced abortions and sterilizations, millions of girls were never born or were hidden from authorities. In the process, China’s gender ratio became increasingly skewed, with 117 boys born for every 100 girls in 2004, compared with 106 in 1980, United Nations data showed. 

Read it all.

Posted in Anthropology, Asia, Children, China, Ethics / Moral Theology, Marriage & Family, Politics in General, Theology

(Church Times) Bishop of Sheffield warns Lords of financial threat to higher education

The economic, social, and public benefits provided by universities are “threatened by the financial crisis” in higher education, the Bishop of Sheffield, Dr Pete Wilcox, has warned.

Contributing to a two-hour debate on the subject in the House of Lords last week, Dr Wilcox said that, in his diocese, the University of Sheffield and Sheffield Hallam University “support more than 19,500 jobs and generate more than £1 billion annually for the local economy. What is true in Sheffield is true across the country: universities are generally hugely beneficial to the communities within which they are situated.”

The Church of England believed that higher education should serve the common good, he said. The universities mentioned did this in a variety of ways, including private investment, and volunteer and work placements across health, social care, the law, and other areas.

Read it all (registration or subscription).

Posted in * Economics, Politics, Church of England (CoE), CoE Bishops, Economy, Education, England / UK, Religion & Culture

(SD) Researchers uncover a new technique for Turning seawater into fresh water through solar power

Researchers at the University of Waterloo have designed an energy-efficient device that produces drinking water from seawater using an evaporation process driven largely by the sun.

Desalination is critical for many coastal and island nations to provide access to fresh water, given water scarcity concerns due to rapid population growth and increasing global water consumption. Roughly 2.2 billion people worldwide have no access to clean water, emphasizing the urgent need for new technologies to generate fresh water, according to the UN World Water Development Report 2024.

Current desalination systems pump seawater through membranes to separate salt from water, but this process is energy-intensive, and salt often accumulates on the device’s surface, obstructing water flow and reducing efficiency. As a result, these systems require frequent maintenance and cannot operate continuously.

To solve this problem, Waterloo researchers drew inspiration from the natural water cycle to create a device that mirrors how trees transport water from roots to leaves. The new technology can continuously desalinate water without the need for major maintenance.

Read it all.

Posted in Energy, Natural Resources, Science & Technology

(Economist) Could Geothermal energy outperform nuclear power?

Geothermal energy may be approaching its Mitchell moment. George Mitchell, a scrappy independent oilman, is known as the father of fracking. Nearly three decades ago, he defied Big Oil and the conventional wisdom of his industry by making practical the hitherto uneconomic technique of pumping liquids and sands into the ground to force out gas and oil from shale rock and other tight geological formations. The enormous increase in productivity that resulted, known as the shale revolution, has transformed the global hydrocarbon business.

Now Fervo Energy, another scrappy Texan upstart, is applying such hydraulic fracturing—alongside other techniques borrowed from the petroleum industry—to the sleepy geothermal sector. Should it succeed, it would mean this relatively fringe source of energy could, in time, become a major player in the energy mix.

The motivation behind geothermal energy is to harness Earth’s abundant subsurface heat for useful ends. This is ordinarily done by tapping into underground reservoirs of hot water or steam. As these are only found in limited areas, this greatly limits the potential of conventional geothermal power. In contrast, “enhanced geothermal systems” (EGS), like the one deployed by Fervo, use hydraulic stimulation to create channels in hot rocks just about anywhere. One well pumps in water into those channels, where it is heated naturally to 200°C or higher. Another well then brings that hot water to the surface, where it is used to generate electricity in a turbine….

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Posted in Energy, Natural Resources, Science & Technology