Negotiations to lift an Olympic ban on Kuwait are making progress, but more issues need to be ironed out before the country’s Olympic return, the International Olympic Committee (IOC) said Wednesday.

Kuwait’s national Olympic committee (KOC) has been banned since October 2015 after the government was accused of interference with a new sports law.

As a result, Kuwaiti athletes had to compete under the Olympic flag at the Rio de Janeiro Games in 2016 and they have no access to IOC funds.

With the dispute still to be resolved Kuwait now risks missing out on a second consecutive summer Olympics with the 2020 Tokyo Games less than two years away.

The issue was discussed at the IOC executive board in the Argentine capital Wednesday, IOC spokesman Mark Adams said.

“There is progress there but there is still a lot of work to be done,” Adams told reporters. “But we are heading in the right direction.”

The IOC, in what it said was a gesture of goodwill, provisionally lifted a ban on Kuwait two days before the start of the Asian Games in August, allowing the country to participate under its own flag.

Talks in past years, however, failed to yield a result, and Kuwait in 2016 repeatedly sued the IOC unsuccessfully for $1 billion as compensation for the ban.

Kuwait said at the time the ban was unjustifiable and unfair and the IOC had not conducted “an appropriate investigation.” Kuwait had also been suspended in 2010 over a similar dispute but was reinstated before the 2012 London Olympics.

More than 15 of the country’s national sports bodies have been suspended in the past years, including its football federation.
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From: MeNeedIt

North Korea’s nuclear and missile tests have stopped, but its hacking operations to gather intelligence and raise funds for the sanction-strapped government in Pyongyang may be gathering steam.

U.S. security firm FireEye raised the alarm Wednesday over a North Korean group that it says has stolen hundreds of millions of dollars by infiltrating the computer systems of banks around the world since 2014 through highly sophisticated and destructive attacks that have spanned at least 11 countries. It says the group is still operating and poses “an active global threat.”

It is part of a wider pattern of malicious state-backed cyber activity that has led the Trump administration to identify North Korea — along with Russia, Iran and China — as one of the main online threats facing the United States. Last month, the Justice Department charged a North Korean hacker said to have conspired in devastating cyberattacks, including an $81 million heist of Bangladesh’s central bank and the WannaCry virus that crippled parts of Britain’s National Health Service.

DHS offers warning

On Tuesday, the U.S. Department of Homeland Security warned of the use of malware by Hidden Cobra, the U.S. government’s byword for North Korea hackers, in fraudulent ATM cash withdrawals from banks in Asia and Africa. It said that Hidden Cobra was behind the theft of tens of millions of dollars from teller machines in the past two years. In one incident this year, cash had been simultaneously withdrawn from ATMs in 23 different countries, it said.

North Korea, which prohibits access to the world wide web for virtually all of its people, has previously denied involvement in cyberattacks, and attribution for such attacks is rarely made with absolute certainty. It is typically based on technical indicators such as the Internet Protocol, or IP, addresses that identify computers and characteristics of the coding used in malware, which is the software a hacker may use to damage or disable computers.

But other cybersecurity experts tell The Associated Press that they also see continued signs that North Korea’s authoritarian government, which has a long track record of criminality to raise cash, is conducting malign activity online. That activity includes targeting of financial institutions and crypto-currency-related organizations, as well as spying on its adversaries, despite the easing of tensions between Pyongyang and Washington.

“The reality is they are starved for cash and are continuing to try and generate revenue, at least until sanctions are diminished,” said Adam Meyers, vice president of intelligence at CrowdStrike. “At the same time, they won’t abate in intelligence collection operations, as they continue to negotiate and test the international community’s resolve and test what the boundaries are.”

North Korea attacks continue

CrowdStrike says it has detected continuing North Korean cyber intrusions in the past two months, including the use of a known malware against a potentially broad set of targets in South Korea, and a new variant of malware against users of mobile devices that use a Linux-based operating system.

This activity has been taking place against the backdrop of a dramatic diplomatic shift as Kim Jong Un has opened up to the world. He has held summits with South Korean President Moon Jae-in and with President Donald Trump, who hopes to persuade Kim to relinquish the nuclear weapons that pose a potential threat to the U.S. homeland. Tensions on the divided Korean Peninsula have dropped and fears of war with the U.S. have ebbed. Trump this weekend will dispatch his top diplomat, Mike Pompeo, to Pyongyang for the fourth time this year to make progress on denuclearization.

But North Korea has yet to take concrete steps to give up its nuclear arsenal, so there’s been no let-up in sanctions that have been imposed to deprive it of fuel and revenue for its weapons programs, and to block it from bulk cash transfers and accessing to the international banking system.

FireEye says APT38, the name it gives to the hacking group dedicated to bank theft, has emerged and stepped up its operations since February 2014 as the economic vise on North Korea has tightened in response to its nuclear and missile tests. Initial operations targeted financial institutions in Southeast Asia, where North Korea had experience in money laundering, but then expanded into other regions such as Latin America and Africa, and then extended to Europe and North America.

In all, FireEye says APT38 has attempted to steal $1.1 billion, and based on the data it can confirm, has gotten away with hundreds of millions in dollars. It has used malware to insert fraudulent transactions in the Society for Worldwide Interbank Financial Telecommunication or SWIFT system that is used to transfer money between banks. Its biggest heist to date was $81 million stolen from the central bank of Bangladesh in February 2016. The funds were wired to bank accounts established with fake identities in the Philippines. After the funds were withdrawn they were suspected to have been laundered in casinos.

Cyber attacks an alternative 

The Foundation for Defense of Democracies, a Washington think tank, said in a report Wednesday that North Korea’s cyber capabilities provide an alternative means for challenging its adversaries. While Kim’s hereditary regime appears to prioritize currency generation, attacks using the SWIFT system raise concerns that North Korean hackers “may become more proficient at manipulating the data and systems that undergird the global financial system,” it says.

Sandra Joyce, FireEye’s head of global intelligence, said that while APT38 is a criminal operation, it leverages the skills and technology of a state-backed espionage campaign, allowing it to infiltrate multiple banks at once and figure how to extract funds. On average, it dwells in a bank’s computer network for 155 days to learn about its systems before it tries to steal anything. And when it finally pounces, it uses aggressive malware to wreak havoc and cover its tracks.

“We see this as a consistent effort, before, during and after any diplomatic efforts by the United States and the international community,” said Joyce, describing North Korea as being “undeterred” and urging the U.S. government to provide more specific threat information to financial institutions about APT38’s modus operandi. APT stands for Advanced Persistent Threat.

Large Chile bank hacked

The Silicon Valley-based company says it is aware of continuing, suspected APT38 operations against other banks. The most recent attack it is publicly attributing to APT38 was against of Chile’s biggest commercial banks, Banco de Chile, in May this year. The bank has said a hacking operation robbed it of $10 million.

FireEye, which is staffed with a roster of former military and law-enforcement cyberexperts, conducted malware analysis for a criminal indictment by the Justice Department last month against Park Jin Hyok, the first time a hacker said to be from North Korea has faced U.S. criminal charges. He’s accused of conspiring in a number of devastating cyberattacks: the Bangladesh heist and other attempts to steal more than $1 billion from financial institutions around the world; the 2014 breach of Sony Pictures Entertainment; and the WannaCry ransomware virus that in 2017 infected computers in 150 countries. 
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From: MeNeedIt

Tesla Chief Executive Officer Elon Musk and the electric car company have agreed to pay a total of $40 million and make a series of concessions to settle a government lawsuit alleging Musk duped investors with misleading statements about a proposed buyout of the company.

The Securities and Exchange Commission announced the settlement Saturday, two days after filing a case seeking to oust Musk as CEO.

The settlement will require Musk to relinquish his role as chairman for at least three years, but he will able to remain as CEO.
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From: MeNeedIt

Canadian Foreign Affairs Minister Chrystia Freeland postponed her U.N. speech Saturday as free-trade talks between the U.S. and Canada intensified.

Freeland had been scheduled to deliver Canada’s address to the General Assembly in New York, but Canada exchanged the slot with another country. Freeland may or may not give the speech on Monday.

A senior Canadian government official said they were making progress in the talks but that it wasn’t certain that they would reach a deal soon. The official, who spoke on condition of anonymity, said Canada would sign only a good deal.

Canada, the United States’ No. 2 trading partner, was left out when the U.S. and Mexico reached an agreement last month to revamp the North American Free Trade Agreement. The U.S. and Canada are under pressure to reach a deal by the end of the day Sunday, when the U.S. must make public the full text of the agreement with Mexico.

U.S. President Donald Trump has said he wants to go ahead with a revamped NAFTA, with or without Canada. It is unclear, however, whether Trump has authority from Congress to pursue a revamped NAFTA with only Mexico, and some lawmakers say they won’t go along with a deal that leaves out Canada. 

Dairy tariffs

Among other things, the negotiators are battling over Canada’s high dairy tariffs. Canada also wants to keep a NAFTA dispute-resolution process that the U.S. wants to jettison.

U.S.-Canada talks bogged down earlier this month, and most trade analysts expected the Sept. 30 deadline to come and go without Canada’s reinstatement. They suspected that Canada, which had said it wasn’t bound by U.S. deadlines, was delaying the talks until after provincial elections Monday in Quebec, where support for Canadian dairy tariffs runs high.

But trade attorney Daniel Ujczo of the Dickinson Wright law firm, who follows the NAFTA talks closely, said the United States put pressure on Canada, contending there would “consequences” if it didn’t reach an agreement by the end of the day Sunday. Trump has repeatedly threatened to start taxing Canadian auto imports. Ujczo put the odds of a deal this weekend at 75 percent. 

Relations between the two neighbors have been strained since Trump assailed Canadian Prime Minister Justin Trudeau at the Group of Seven meeting in June, calling him “weak” and “dishonest.” Canadian leaders have objected to Trump’s decision to impose tariffs on Canadian steel, citing national security.
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From: MeNeedIt

According to the latest report by the Committee to Protect Journalists in Pakistan, fatal violence against journalists has declined, but fear and self-censorship have grown. In this era, five Pakistani American students at Harvard University have created a startup that challenges censorship using the latest block-chain technology. Their mission is “making journalism truly free.” Saqib Ul Islam visited Harvard’s innovation lab to bring us the story of a new company called “Inkrypt.”
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From: MeNeedIt

Scientists have managed to wipe out a population of mosquitoes in a laboratory using a type of genetic engineering known as a gene drive. The intervention prevented the females from reproducing and caused the entire population to die off. Scientists hope the method can be transferred from the lab to the real world to tackle mosquito populations that spread diseases like malaria, as Henry Ridgwell reports.
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From: MeNeedIt

U.S. consumer spending increased steadily in August, supporting expectations of solid economic growth in the third quarter, while a measure of underlying inflation remained at the Federal Reserve’s 2 percent target for a fourth straight month.

Economists said Friday’s report from the Commerce Department should allay fears of the economy overheating and likely keeps the U.S. central bank on a gradual path of interest rate increases. The Fed raised rates Wednesday for the third time this year and removed the reference to monetary policy remaining “accommodative.”

“Growth is solid and inflation pressures modest,” said Chris Rupkey, chief economist at MUFG in New York. “This is exactly the environment the Fed needs to move interest rates up at a gradual pace as further rate hikes start to look like tightening.”

Consumer spending

The Commerce Department said consumer spending, which accounts for more than two-thirds of U.S. economic activity, rose 0.3 percent last month after an unrevised 0.4 percent gain in July. Spending last month was driven by outlays on health care, which offset a drop in motor vehicle purchases.

August’s increase in consumer spending was in line with economists’ expectations. When adjusted for inflation, consumer spending rose 0.2 percent after climbing 0.3 percent in July.

The report came on the heels of data Thursday showing a decline in orders for key capital goods in August and a further widening of the goods trade deficit, which prompted economists to downgrade their gross domestic product growth estimates for the third quarter to as low as a 2.8 percent annualized rate.

Third-quarter GDP growth forecasts were previously as high as a 4.4 percent pace.

Economic growth

The economy grew at a 4.2 percent rate in the second quarter, powered by robust consumer spending. Economists said data in hand suggested that consumer spending was on track to grow around 3.6 percent in the third quarter, close to the 3.8 percent pace set in the April-June period.

Consumer spending is being driven by a tightening labor market, which is starting to boost wage growth, as well as higher savings. It is also being supported by robust consumer confidence.

A separate report Friday showed the University of Michigan’s consumer sentiment index at a six-month high in September. A survey earlier this week from the Conference Board showed consumer confidence hitting an 18-year high in September.

The Conference Board places more weight on the labor market.

The dollar was trading higher against a basket of currencies, while U.S. Treasury yields fell. Stocks on Wall Street were little changed in late afternoon trade.

Eyes on tariffs

In August, spending on goods increased 0.3 percent, likely lifted by higher gasoline prices. Spending on goods rose 0.5 percent in July. Outlays on services advanced 0.4 percent, with spending on health care accounting for much of the increase.

There was a moderation in monthly price gains in August. The personal consumption expenditures (PCE) price index excluding the volatile food and energy components was unchanged. That was the weakest reading since March 2017 and followed a 0.2 percent gain in July.

August’s flat reading left the year-on-year increase in the so-called core PCE price index at 2.0 percent. The core PCE index is the Fed’s preferred inflation measure. It hit the U.S. central bank’s 2 percent inflation target in March for the first time since April 2012.

Economists say inflation could slightly overshoot its target amid concerns an escalating trade war between the United States and China could lead to price increase for a range of consumer goods.

Washington on Monday slapped tariffs on $200 billion worth of Chinese goods, with Beijing retaliating with duties on $60 billion worth of U.S. products. The United States and China had already imposed tariffs on $50 billion worth of each other’s goods.

Walmart Inc, the largest U.S. retailer, said last week it might hike prices because of the duties on Chinese imports.

“With this $200 billion increase, you are effectively tripling the amount of goods subject to a tariff and that has potential to influence prices,” said Tim Quinlan, a senior economist at Wells Fargo Securities in Charlotte, North Carolina.

JPMorgan estimates that the tariffs could add 0.2 to 0.3 percentage point to core inflation.

In August, personal income rose 0.3 percent after increasing by the same margin in July. Wages jumped 0.5 percent, the biggest gain in seven months, after rising 0.3 percent in July.

The saving rate was unchanged at 6.6 percent last month.
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From: MeNeedIt

Google Chief Executive Sundar Pichai has agreed to testify before the U.S. House Judiciary Committee later this year over Republican concerns that the company is biased against conservatives, a senior Republican said Friday.

Republicans want to question Google, the search engine of Alphabet Inc, about whether its search algorithms are influenced by human bias. They also want to probe it on issues such as privacy, classification of news and opinion, and dealing with countries with human rights violations.

Pichai met with senior Republicans on Friday to discuss their concerns, House Majority Leader Kevin McCarthy said.

McCarthy told reporters after the meeting that it was “very productive” and “frank.”

“I think we’ve really shown that there is bias, which is human nature, but you have to have transparency and fairness,” McCarthy said. “As big tech’s business grows, we have not had enough transparency and that has led to an erosion of trust and, perhaps worse, harm to consumers.”

Alphabet Inc’s Google unit has repeatedly denied accusations of bias against conservatives. Pichai left the meeting without comment.

Pichai wrote in an internal email last week that suggestions that Google would interfere in search results for political reasons were “absolutely false. We do not bias our products to favor any political agenda.”

The CEO had been scheduled to be in Asia this week but canceled the trip to be in Washington.

The hearing will take place after the midterm congressional elections in November, McCarthy said.

Google came under fire from members of both parties earlier this month for refusing to send a top executive to a Senate Intelligence Committee hearing that included Facebook Inc and Twitter Inc executives.

Republicans have also raised concerns about Google’s dominance. Earlier this week, the Justice Department met with state attorneys general to focus on the need to protect consumer privacy when big technology companies amass vast troves of data, but came to no immediate conclusions.

Asked if Republicans will push to break up Google, McCarthy said: “I don’t see that.” He said the hearing will look at privacy, bias issues, China and other matters.

Pichai is also meeting with Democratic lawmakers and is due to meet with White House economic adviser Larry Kudlow on Friday, a White House official said Thursday.
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From: MeNeedIt

Seven in 10 people worldwide die from cardiovascular diseases, cancer, diabetes and chronic lung diseases, according to a study published in The Lancet earlier this month.

These diseases not only rob people prematurely of their lives, they cost enormous amounts of money. The Lancet report estimated that over the next 15 years, the costs to developing countries alone is projected to total more than $7 trillion.

Three years ago, world leaders pledged to reduce premature deaths from these non-communicable diseases by one-third by the year 2030.

At Thursday’s U.N. General Assembly meeting in New York, WHO Director-General Tedros Adhanom Ghebreyesus said less than half of the world’s countries will meet that target, urging world leaders to recommit to these goals.

Tedros called for more political commitment and domestic investment. He said he knew from his own experience that “with political commitment, anything is possible. Without it, progress is slow.”

Tedros mentioned a list of what he called “best buys,” policy changes that cost little but produce huge rewards. “WHO’s best buys are cost-effective and affordable for all countries. Spending to build a healthier population is not a cost. It’s an investment in human capital that pays a rich reward.”

Tedros urged countries to increase tobacco taxes, restrict advertising for alcohol, and lower the amount of salt, sugar and fat in food products. Doing this will lower the risks for diabetes, cancer, heart disease and stroke. He advised countries to vaccinate girls against cervical cancer.   

Tedros also recommended that countries provide universal health coverage as the best way to prevent and treat non-communicable diseases.

He said if these policies were implemented globally, they would save 10 million lives by 2025 and prevent 17 million strokes and heart attacks by 2030. And, again, focusing on economic benefits, Tedros said implementing “best buys” would generate $350 billion in economic growth in the poorest countries between now and 2030.

 
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From: MeNeedIt

A rise in violence in the eastern Democratic Republic of Congo is displacing more people and hampering humanitarian efforts, including operations to stop the spread of Ebola, the United Nations refugee agency warns.

More than 20 people have been killed in recent attacks in the Beni area of Congo’s North Kivu province and farther north in Ituri province, both near the border with Uganda. 

The UNHCR estimates more than a million people are displaced in North Kivu. And, it notes, more people are fleeing their homes in the face of increasing attacks. 

The main rebel groups — the Allied Democratic Forces and National Army for the Liberation of Uganda — have been active in the Beni area for some time. However, UNHCR spokesman Babar Baloch tells VOA fighting has reached the city itself for the first time, making it risky for staff to move around.

“Many humanitarians have had to stop their activities. But, UNHCR, we are trying to send colleagues into Beni town as soon as we can to provide humanitarian assistance to those who have been affected by the recent rounds of violence,” Baloch said.

Beni is the epicenter of an Ebola outbreak in eastern DRC, and is the base for anti-Ebola operations by the World Health Organization. These operations were shut down temporarily following recent rebel attacks. 

WHO reports 154 confirmed and probable cases of Ebola in the area, including 101 deaths. The agency resumed its activities in Beni on Wednesday, despite security concerns. 

WHO officials say they cannot afford to halt operations and allow the deadly Ebola virus to spread. 
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From: MeNeedIt

Facebook has always been a convenient way to send birthday wishes to friends. But many users have started taking advantage of a new feature introduced a year ago by the popular social networking site to turn birthday wishes into donations to help a favorite cause. And it’s turned into a huge success for charities. In its first year, Facebook’s birthday fundraiser feature raised more than $300 million for charities around the world. Michelle Quinn has more.
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From: MeNeedIt

Tuberculosis is a vicious epidemic that is drastically underfunded. That was the takeaway message from the first high-level meeting focused on the infectious disease at the U.N. General Assembly in New York.

Amina Mohammad, U.N. deputy secretary-general, said the disease is fueled by poverty, inequality, migration and conflict, and that an additional $13 billion per year is needed to get the disease under control.  

Last year, tuberculosis killed more people than any other communicable disease — more than 1.3 million men, women and children.

The World Health Organization estimates that the 10 million people who become newly infected each year live mostly in poor countries with limited access to health care.

Dr. Tedros Adhanom Ghebreyesus, head of the WHO, told the assembly that partnership is vital to end the disease. He said the WHO is committed to working with every country, partner and community to get the job done.

The WHO plans to lead U.N. efforts to support governments and other partners in order to drive a faster response to TB.

Most people can be cured with a six-month treatment program. But as world leaders told the assembly, medication is expensive, and the stigma associated with TB interferes with getting people screened and treated.

Nandita Venkatesan, a young woman from India, told the assembly about the toll the disease has taken on her life. She got TB more than once, including a drug-resistant variety. She said it robbed her of eight years of her life while she was being treated. One of the medications she took to help cure TB robbed her of her hearing.

Venkatesan said getting cured involved hospital stays, six surgeries and negative reactions to at least one drug used to cure her.

Just days before the high-level meeting, the WHO released its annual TB report. It found cases in all countries and among all age groups. It also found that two-thirds of the cases were in eight countries — India, Pakistan, Bangladesh, China, Indonesia, the Philippines, South Africa and Nigeria.

The meeting ended with the adoption of a declaration intended to strengthen action and investments for ending TB and saving millions of lives.
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From: MeNeedIt