Top trade officials from 12 countries and the European Union on Thursday vowed to reform World Trade Organization rules in the face of U.S. actions that threaten to paralyze the body and address some of Washington’s complaints about Chinese subsidies.

The officials, meeting in the Canadian capital Ottawa, said they shared a “common resolve for rapid and concerted action” to address challenges to the WTO.

“The current situation at the WTO is no longer sustainable. Our resolve for change must be matched with action,” the officials said in a communique issued after their daylong meeting ended.

The United States and China, which are locked in an escalating tariff war that is threatening the WTO’s foundations, were not invited to the meeting to discuss reform ideas, but Canadian Trade Minister Jim Carr said he would report outcomes to them and try to persuade them to join the reform effort.

Carr acknowledged that no WTO reforms could proceed without a buy-in from the world’s two largest economies.

“They should listen because we’re making good arguments,” Carr told a news conference after the meeting, adding that the group’s proposals would ultimately serve U.S. and Chinese interests.

The officials from Canada, the European Union, Japan, Brazil, Mexico, Australia and seven other countries agreed to meet again in January 2019 to review progress from their discussions.

They were short on specifics of their proposals, but called for urgent action to unblock the appointment of new judges to the Appellate Body of the WTO’s dispute settlement system, which they said puts the functioning of the entire body at risk, causing rules enforcement to grind to a halt by the spring of 2019.

The statement did not refer directly to U.S. actions to block such appointments over longstanding complaints that many past appellate rulings have exceeded the judges’ authority, unfairly favoring China and some other members.

“Our number one priority is getting dispute settlement back on track. What good is there to have rules if they cannot be enforced?” said one participating minister who spoke on condition of anonymity.

U.S. President Donald Trump has repeatedly threatened to pull out of the 23-year-old trade body, with roots that date back to the end of World War II, if it does not “shape up” and treat the United States more fairly.

At the Ottawa meetings, Carr said “there was no blaming, there was no shaming” of the United States and the group agreed to consider “alternative” ways to settle disputes, including mediation.

The trade officials also said they recognize “the need to address market distortions caused by subsidies and other instruments,” a reference to complaints by the United States and some other Western economies that current WTO anti-subsidy rules fail to capture all the ways China’s government supports its industries and state enterprises.

The statement said the officials were concerned with WTO members’ track record in complying with subsidy notification requirements and called for stronger monitoring and transparency of countries’ trade policies.

The member group also vowed to “reinvigorate” the WTO’s long-stalled negotiating function, calling for talks to curb fisheries subsidies to be completed in 2019.

Mexico’s Deputy Economy Minister Juan Carlos Baker said world leaders would have a chance to press the United States, China and other nations twice next month — at an Asia-Pacific summit and a meeting of leaders of the G-20 group of nations.

“We are going to waste no opportunity whatsoever in terms of political events. … I am sure that we will use these occasions to speak about what we’re doing,” he said in an interview.
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From: MeNeedIt

Major U.S. stock indexes made strong gains in Thursday’s trading after some upbeat profit reports by major companies. 

The Nasdaq composite posted its biggest daily gain since March, as Microsoft’s upbeat earnings spurred a rebound in technology names and investors snapped up oversold shares. The Nasdaq added 209.94 points, or 2.95 percent, to 7,318.34, a day after it confirmed a correction and registered its biggest decline since 2011.

The Dow Jones industrial average rose 401.13 points, or 1.63 percent, to 24,984.55, while the Standard & Poor’s 500 gained 49.47 points, or 1.86 percent, to 2,705.57. Both moved back into positive territory for the year. 

In Europe, France’s key index jumped 1.6 percent, while German and British stock prices made smaller gains. 

Variety of gainers

The latest round of good U.S. results came from a variety of companies, including Ford Motor Co., Visa Inc., Whirlpool Corp. and Twitter Inc., and offered relief after the earnings season began slowly and stumbled further on sluggish outlooks from manufacturers and chipmakers. 

Stocks have sold off recently amid worries about rising interest rates, growing trade tensions between the world’s two largest economies, China’s slowing economy and the fading impact of the recent U.S. tax cut on company profits. 

In a further sign that economic growth is moderating, U.S. business spending on equipment appeared to have remained slow in September and the goods trade deficit grew as rising imports outpaced a rebound in exports. 

Lower prices

But the recent sell-off has also made stocks a bit cheaper. The S&P 500’s valuation fell to a 2½-year low of 15.3 times profit estimates for the next 12 months from 15.8, according to trading and data business Refinitiv.

Results from S&P 500 companies have pushed up third-quarter profit growth estimates to 23.6 percent from 21.8 percent in the last 10 days. But forecasts have trimmed fourth-quarter growth estimates to 19.4 percent from 19.9 percent, according to I/B/E/S data from Refinitiv. 

Some information for this report came from Reuters.
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From: MeNeedIt

British regulators slapped Facebook on Thursday with a fine of 500,000 pounds ($644,000) — the maximum possible — for failing to protect the privacy of its users in the Cambridge Analytica scandal.

At the same time, European Union lawmakers demanded an audit of Facebook to better understand how it handles information, reinforcing how regulators in the region are taking a tougher stance on data privacy compared with U.S. authorities.

Britain’s Information Commissioner Office found that between 2007 and 2014, Facebook processed the personal information of users unfairly by giving app developers access to their information without informed consent. The failings meant the data of some 87 million people was used without their knowledge.

“Facebook failed to sufficiently protect the privacy of its users before, during and after the unlawful processing of this data,” said Elizabeth Denham, the information commissioner. “A company of its size and expertise should have known better and it should have done better.”

The ICO said a subset of the data was later shared with other organizations, including SCL Group, the parent company of political consultancy Cambridge Analytica, which counted U.S. President Donald Trump’s 2016 election campaign among its clients. News that the consultancy had used data from tens of millions of Facebook accounts to profile voters ignited a global scandal on data rights.

The fine amounts to a speck on Facebook’s finances. In the second quarter, the company generated revenue at a rate of nearly $100,000 per minute. That means it will take less than seven minutes for Facebook to bring in enough money to pay for the fine.

But it’s the maximum penalty allowed under the law at the time the breach occurred. Had the scandal taken place after new EU data protection rules went into effect this year, the amount would have been far higher — including maximum fines of 17 million pounds or 4 percent of global revenue, whichever is higher. Under that standard, Facebook would have been required to pay at least $1.6 billion, which is 4 percent of its revenue last year.

The data rules are tougher than the ones in the United States, and a debate is ongoing on how the U.S. should respond. California is moving to put in regulations similar to the EU’s strict rules by 2020 and other states are mulling more aggressive laws. That’s rattled the big tech companies, which are pushing for a federal law that would treat them more leniently.

Facebook CEO Mark Zuckerberg said in a video message to a big data privacy conference in Brussels this week that “we have a lot more work to do” to safeguard personal data.

About the U.K. fine, Facebook responded in a statement that it is reviewing the decision.

“While we respectfully disagree with some of their findings, we have said before that we should have done more to investigate claims about Cambridge Analytica and taken action in 2015. We are grateful that the ICO has acknowledged our full cooperation throughout their investigation.”

Facebook also took solace in the fact that the ICO did not definitively assert that U.K. users had their data shared for campaigning. But the commissioner noted in her statement that “even if Facebook’s assertion is correct,” U.S. residents would have used the site while visiting the U.K.

EU lawmakers had summoned Zuckerberg in May to testify about the Cambridge Analytica scandal.

In their vote on Thursday, they said Facebook should agree to a full audit by Europe’s cyber security agency and data protection authority “to assess data protection and security of users’ personal data.”

The EU lawmakers also call for new electoral safeguards online, a ban on profiling for electoral purposes and moves to make it easier to recognize paid political advertisements and their financial backers.

 
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From: MeNeedIt

A new artificial intelligence program could make land borders across Europe more secure. When a pilot program begins next month, an avatar – called i-Border-Control – will help police guard several border crossings within the 26-nation, European Schengen Area. The technology was introduced this weekend (October 20) at a science festival hosted by Manchester Metropolitan University. VOA’s Mariama Diallo reports.
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From: MeNeedIt

When Washington’s $500 million Museum of the Bible held its grand opening in November 2017, attended by Vice President Mike Pence, there were questions even then about the authenticity of its centerpiece collection of Dead Sea Scrolls.

Now the museum has been forced to admit a painful truth: Technical analysis by a team of German scholars has revealed that at least five of the museum’s 16 scroll fragments are apparent forgeries.

The announcement has serious implications not only for the Bible Museum but for other evangelical Christian individuals and institutions who paid top dollar for what now seems to be a massive case of archaeological fraud.

Jeffrey Kloha, chief curator for the Museum of the Bible, said in a statement that the revelation is “an opportunity to educate the public on the importance of verifying the authenticity of rare biblical artifacts, the elaborate testing process undertaken and our commitment to transparency.” 

The scrolls are a collection of ancient Jewish religious texts first discovered in the mid-1940s in caves on the western shore of the Dead Sea in what is now Israel. The massive cache of Hebrew documents is believed to date back to the days of Jesus. With more than 9,000 documents and 50,000 fragments, the entire collection took decades to fully excavate.

Most of the scrolls and fragments are tightly controlled by the Israeli Antiquities Authority. But around 2002, a wave of new fragments began mysteriously appearing on the market, despite skepticism from Biblical scholars.

These fragments, they warned, were specifically designed to target American evangelical Christians, who prize the scrolls. That appears to be exactly what happened; a Baptist seminary in Texas and an evangelical college in California reportedly paid millions to purchase alleged pieces of the scrolls.

Also eagerly buying up fragments was the Green family — evangelical Oklahoma billionaires who run the Hobby Lobby chain of craft stores and who famously sued the Obama administration on religious grounds, saying they didn’t want to pay to provide their employees access to the morning-after pill or intrauterine devices.

The Greens are the primary backers of the Museum of the Bible and went on an archaeological acquisition spree in the years leading up to the museum’s opening. In addition to the alleged Dead Sea Scrolls fragments, the Greens ran afoul of the Justice Department, which said they had acquired thousands of smuggled artifacts looted from Iraq and elsewhere. The family agreed last year to return those artifacts and pay a $3 million fine.
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From: MeNeedIt

Several possessions of the late physicist’s Stephen Hawking will be included in an upcoming auction at Christie’s, the famed auction house.

Included among the items belonging to the iconic scientist will be one of his wheelchairs, one of five copies of his Cambridge University Ph.D. thesis “Properties of Expanding Universes,” and a script from one of his appearances on the television show “The Simpsons.”

At age 22, Hawking was diagnosed with amyotrophic lateral sclerosis, or ALS, just as he was beginning his doctoral work at Cambridge.

Thomas Venning, head of books and manuscripts at Christie’s, said Hawking was so despondent over the diagnosis that he “gave up his studies for a time.”

Hawking, however, returned to school, Venning said, and his thesis “was the fruit of his reapplying himself to his scientific work.” Hawking kept his thesis beside him for the rest of his life, according to Venning.

Hawking was one of the few scientists who have reached celebrity status. He is probably best known for his best-selling book “A Brief History of Time” and for his appearances on “The Simpsons.”

His daughter Lucy said the auction gives “admirers of his work the chance to acquire a memento of our father’s extraordinary life in the shape of a small selection of evocative and fascinating items.”

The physicist’s children hope to preserve his scientific archive.

The Associated Press reports that Christie’s is handling negotiations to hand over the archive to British authorities in lieu of inheritance tax.

Hawking’s items will be featured in a science sale that also includes papers by Isaac Newton, Charles Darwin and Albert Einstein.

Hawking’s items will be on display for several days in London, beginning October 30.

Hawking died in March at age 76.

 
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From: MeNeedIt

The World Health Organization is closely watching the Ebola outbreak in Congo where the number of cases has risen to 185 since the outbreak started in August. One of the challenges for health workers fighting highly infectious diseases like Ebola is spending time in HazMat suits. They can be unwieldy and incredibly hot, but new technology could solve one of those problems. VOA’s Kevin Enochs reports.
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From: MeNeedIt

For 150 years, the British Museum has housed one of the iconic, heavy-browed stone figures that Chile’s Easter Island is famous for.

Now the islanders are hoping desperately to get it back.

They plan to build a copy of the four-ton monolith and, potentially swap it for the real thing.

The statue, known as a “moai” and named the Hoa Hakananai’a, is one of hundreds originally found on the island. Carved by Polynesian colonizers somewhere between the 13th and 16th centuries, each of the big-headed figures was considered to represent tribal leaders or deified ancestors.

About a dozen have been removed from the island over the years. Now Camilo Rapu, president of the island’s Ma’u Henua community, said it’s time Hoa Hakananai’a was returned.

The Ma’u Henua community, with Chilean government support, launched a campaign in August to persuade the British Museum and Queen Elizabeth II to return the famous moai — in exchange for an exact replica to be carved on Easter Island.

“Our expert carvers will make a copy in basalt, the original stone used in the Hakananai’a moai, as an offering to Queen Elizabeth in exchange for the original,” Rapu told reporters in Santiago.

The Ma’u Henua have signed an agreement with the Bishop Museum — Hawaii’s largest museum, with a huge collection of Polynesian artifacts — to produce a polycarbonate copy of the Hakananai’a, to be ready by November 3.

The actual carving of the statue will take place on Easter Island, using thousand-year-old Rapa Nui techniques — combined with some modern technology to allow the job to be completed in seven months.

The Hakananai’a moai in the British Museum stands 2.4 meters tall (eight feet) and weighs about four tons.

On November 23, a committee of islanders and Chilean officials plans to travel to London in hopes of negotiating the moai’s return.

“This is a historic demand of the Rapa Nui people,” said Rapu. The Rapa Nui were the island’s aboriginal settlers, and their descendants still make up a large part of the population.

“This moai has a spiritual value; it is part of our family and our culture. We want her (the queen) to understand that for us, this is its value — not as a museum piece,” he said.

The islanders will bring with them a book, in support of their demand, signed by some of the thousands of tourists who every year visit the Pacific island paradise some 3,700 kilometers (2,300 miles) off Chile’s mainland.

 
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From: MeNeedIt

Foreigners sold a net 4.01 billion riyal ($1.07 billion) in Saudi stocks in the week ending Oct. 18, exchange data showed on Sunday – one of the biggest selloff since the market opened to direct foreign buying in mid-2015.

The selloff came during a week when investors were rattled by Saudi Arabia’s deteriorating relations with foreign powers following the disappearance of journalist Jamal Khashoggi.

Riyadh said on Saturday that Khashoggi died in a fight inside its Istanbul consulate, its first acknowledgment of his death after denying for two weeks that it was involved in his disappearance.

A breakdown of the data showed foreigners sold 5 billion riyals worth of stocks and bought 991.3 million worth.

The Saudi stock market is down about 4 percent since Khashoggi’s disappeared. The market had started to weaken before the incident as foreign funds slowed their buying after MSCI’s announcement in June that the kingdom will be included in its global emerging market benchmark next year.

As of Sunday, the Saudi index was up 5 percent so far this year, but down 5 percent this quarter.

($1 = 3.7518 riyals)
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From: MeNeedIt

Typhus, a bacterial infection that is sometimes life threatening, is on the rise in Los Angeles and several other U.S. cities. Public health officials say homelessness is making the problem worse and that the disease, which is associated with poverty and poor sanitation, is making a comeback in the United States.

Los Angeles County has seen 64 cases of typhus this year, compared with 53 at the same point last year and double the typical number, with a six-case cluster among the homeless in L.A. this year. Two cities in the county that have separate counts are also seeing higher numbers: Long Beach with 13 cases, up from five last year, and Pasadena with 20, a more than three-fold increase from 2017.

At a clinic in the L.A. neighborhood called Skid Row, Dr. Lisa Abdishoo of Los Angeles Christian Health Centers is on the lookout for symptoms. 

“It’s a nonspecific fever,” she said, “body aches, sometimes a headache, sometimes a rash.”

This kind of typhus is spread by fleas on rats, opossums, or even pets and is known as murine typhus, from the Latin word for “mouse.”

The risk is higher when people live on the streets in proximity to garbage, but the disease seems to be spreading through the Southern United States.

Not the typhus of WWI

“It’s never been considered a very common disease,” said Peter Hotez, dean of the National School of Tropical Medicine at Baylor College of Medicine in Houston, “but we seem to see it more frequently. And it seems to be extending across from Southern California all along the Mexican border into southeastern Texas and then into the Gulf Coast in Florida.”

Texas had 519 cases last year, said spokeswoman Lara Anton of the Texas Department of State Health Services. That’s more than three times the number in 2010, with clusters in Houston and Galveston. No figures for this year have been released.

This is a separate disease from typhoid fever and is not the epidemic form of typhus that caused hundreds of thousands of deaths in war time. That type, called epidemic typhus, is carried by body lice and often spreads in conflict zones. It led to millions of deaths in World War I alone.

Flea-borne typhus, the kind seen in California and Texas, is serious but often clears up on its own and responds to an antibiotic, Abdishoo said.

“It seems to get better a little faster if you have the treatment,” she said. “But there are cases where people have had more severe complications — it’s rare, but getting meningitis, and even death,” she cautioned.

Migration, urbanization, climate change

The reason for increased typhus numbers is uncertain, but it may be linked to migration, urbanization and climate change, said Hotez, the disease specialist. In some parts of the world, typhus is still linked to war and instability, “in the conflict zones in the Middle East, in North Africa, Central Asia, East Africa, Venezuela, for instance with the political instability there,” he said.

Murine typhus is one of several diseases on the rise in the southern United States, Hotez said. 

“Others include dengue, now emerging in southern Texas and Florida, the Zika virus infection, Chikungunya. We have a huge problem with West Nile virus,” he added, and Chagas disease, a condition usually seen in Latin America.

A report in May from the U.S. Centers for Disease Control and Prevention found that such “vector-borne” diseases, transmitted by ticks, fleas or mosquitoes, more than doubled in the United States between 2004 and 2016.

Hotez says they are on the rise in many industrial nations with crowded cities and pockets of poverty.

Skid Row physician Abdishoo says flea-borne typhus is still uncommon on the streets of Los Angeles, but “it has us all on high alert for this illness that we don’t necessarily think too much about. We want to be vigilant,” she added, “when you see a communicable disease on the rise.”

Officials in Los Angeles say they are working toward housing for the county’s 53,000 homeless residents to relieve conditions that help give rise to typhus and other diseases. Voters approved funding in 2016 and 2017 to finance the efforts.
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From: MeNeedIt

Typhus, a bacterial infection that is sometimes life-threatening, is on the rise in Los Angeles and several other U.S. cities. Public health officials say homelessness is making the problem worse. Mike O’Sullivan reports that this disease associated with poverty and poor sanitation is making a comeback in the United States.
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From: MeNeedIt

When you think of wind energy, you tend to think of the massive constructs that dot hilly landscapes or the ocean horizon. But two researchers see a future where it’s as common for wind turbines to show up in backyards and on rooftops and balconies. VOA’s Kevin Enochs reports.
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From: MeNeedIt