New Invention Detects Cancer in Seconds

If cancer is suspected in a patient, surgeons, in most cases, would have to cut some of the suspected tissue out and test it. Getting the results could be a long process. A new invention called a MasSpec Pen could cut the wait time to just seconds. VOA’s Elizabeth Lee reports from Austin, Texas, where the pen was created.

From: MeNeedIt

CO2-reducing XPRIZE Competition Enters Final Phase

Nonprofit international organization for public competitions XPRIZE has announced 10 finalists in its race to develop new technologies to lower carbon-dioxide emissions. Each team will get an additional incentive of $5 million to scale up their ideas and present them for the top prize of $20 million. VOA’s George Putic reports.

From: MeNeedIt

Trump Task Force to Study Postal System Finances

After weeks of railing against online shopping giant Amazon, President Donald Trump signed an executive order Thursday creating a task force to study the United States Postal System.

In the surprise move, Trump said that USPS is on “an unsustainable financial path” and “must be restructured to prevent a taxpayer-funded bailout.”

The task force will be assigned to study factors including its pricing in the package delivery market and will have 120 days to submit a report with recommendations.

The order does not specifically mention Amazon or it owner, Jeff Bezos. But Trump has been criticizing the company for months, accusing it of not paying its fair share of taxes, harming the postal service, and putting brick-and-mortar stores out of business. Trump has also gone after Bezos personally and accused The Washington Post, which he owns, of being Amazon’s “chief lobbyist.”

The U.S. Postal Service has indeed lost money for years, but package delivery has actually been a bright spot for the service.

Boosted by e-commerce, the Postal Service has enjoyed double-digit revenue increases from delivering packages. That just hasn’t been enough to offset pension and health care costs as well as declines in first-class letters and marketing mail, which together make up more than two-thirds of postal revenue.

Still, Trump’s claim the service could be charging more may not be entirely far-fetched. A 2017 analysis by Citigroup concluded that the Postal Service, which does not use taxpayer money for its operations, was charging below market rates as a whole on parcels. Still, federal regulators have reviewed the Amazon contract with the Postal Service each year, and deemed it to be profitable.

 

From: MeNeedIt

Trump Task Force to Study Postal System Finances

After weeks of railing against online shopping giant Amazon, President Donald Trump signed an executive order Thursday creating a task force to study the United States Postal System.

In the surprise move, Trump said that USPS is on “an unsustainable financial path” and “must be restructured to prevent a taxpayer-funded bailout.”

The task force will be assigned to study factors including its pricing in the package delivery market and will have 120 days to submit a report with recommendations.

The order does not specifically mention Amazon or it owner, Jeff Bezos. But Trump has been criticizing the company for months, accusing it of not paying its fair share of taxes, harming the postal service, and putting brick-and-mortar stores out of business. Trump has also gone after Bezos personally and accused The Washington Post, which he owns, of being Amazon’s “chief lobbyist.”

The U.S. Postal Service has indeed lost money for years, but package delivery has actually been a bright spot for the service.

Boosted by e-commerce, the Postal Service has enjoyed double-digit revenue increases from delivering packages. That just hasn’t been enough to offset pension and health care costs as well as declines in first-class letters and marketing mail, which together make up more than two-thirds of postal revenue.

Still, Trump’s claim the service could be charging more may not be entirely far-fetched. A 2017 analysis by Citigroup concluded that the Postal Service, which does not use taxpayer money for its operations, was charging below market rates as a whole on parcels. Still, federal regulators have reviewed the Amazon contract with the Postal Service each year, and deemed it to be profitable.

 

From: MeNeedIt

China Trade Deficit in March, Surplus with US for Quarter

China’s exports growth unexpectedly fell in March, raising questions about the health of one of the economy’s key growth drivers even as trade tensions rapidly escalate with the United States.

March import growth beat expectations, however, suggesting its domestic demand may still be solid enough to cushion the blow from any trade shocks.

That left China with a rare trade deficit for the month, also the first drop since last February.

The latest readings on the health of China’s trade sector follow weeks of tit-for-tat tariff threats by Washington and Beijing, sparked by U.S. frustration with China’s massive bilateral trade surplus and intellectual property policies, that have fueled fears of a global trade war.

China’s March exports fell 2.7 percent from a year earlier, lagging analysts’ forecasts for a 10 percent increase, and down from a sharper-than-expected 44.5 percent jump in February, which economists believe was heavily distorted by seasonal factors.

For the first quarter as a whole, exports still grew a hefty 14.1 percent.

Stronger currency

Some analysts had expected a pullback in March exports following an unusually strong start to the year, when firms stepped up shipments before the long Lunar New Year holiday in mid-February. That scenario did not alter their view that global demand remains robust.

But a stronger currency could also be starting to erode Chinese exporters’ competitiveness. The yuan appreciated around 3.7 percent against the U.S. dollar in the first quarter this year, on top of a 6.6 percent gain last year.

No hard timeline has been set by either Washington or Beijing for the actual imposition of tariffs, which leaves the door open to negotiations and a possible compromise that could limit the damage to both sides.

But with the threat of tariffs hanging over nearly a third of China’s exports to the United States, analysts say its companies and their U.S. customers may try to front-load shipments before any measures kick in.

China’s exports to the U.S. rose 14.8 percent in the first quarter from a year earlier, while imports rose 8.9 percent.

That sent its quarterly trade surplus with the U.S. surging 19.4 percent to $58.25 billion, though the March reading narrowed to $15.43 billion from $20.96 billion in February.

China’s total aluminum exports in March rose to their highest since June, just as the United States imposed a 10 percent tariff on imports of the metal on March 23 along with a 25 percent duty on steel imports.

Outlook cloudy

China’s exports rode a global trade boom last year, expanding at the fastest pace since 2013 and serving as one of the key drivers behind the economy’s forecast-beating expansion.

But the sudden spike in trade tensions with the United States is clouding the outlook for both China’s “old economy” heavy industries and “new economy” tech firms.

Washington says China’s $375 billion trade surplus with the United States is unacceptable, and has demanded Beijing reduce it by $100 billion immediately.

In a move to further force China to lower the trade surplus running with the U.S., Trump unveiled tariff representing about $50 billion of technology, transport and medical products early this month, drawing an immediate threat of retaliatory action from Beijing.

China’s tech sector, which is key part of Beijing’s longer-term “Made in China 2025” strategy to move from cheap goods to higher-value manufacturing, may be particularly vulnerable.

High-tech products have been among its fastest growing export segments. China exported $137.8 billion worth of high-tech products in the first quarter, up 20.5 percent on-year.

From: MeNeedIt

China Trade Deficit in March, Surplus with US for Quarter

China’s exports growth unexpectedly fell in March, raising questions about the health of one of the economy’s key growth drivers even as trade tensions rapidly escalate with the United States.

March import growth beat expectations, however, suggesting its domestic demand may still be solid enough to cushion the blow from any trade shocks.

That left China with a rare trade deficit for the month, also the first drop since last February.

The latest readings on the health of China’s trade sector follow weeks of tit-for-tat tariff threats by Washington and Beijing, sparked by U.S. frustration with China’s massive bilateral trade surplus and intellectual property policies, that have fueled fears of a global trade war.

China’s March exports fell 2.7 percent from a year earlier, lagging analysts’ forecasts for a 10 percent increase, and down from a sharper-than-expected 44.5 percent jump in February, which economists believe was heavily distorted by seasonal factors.

For the first quarter as a whole, exports still grew a hefty 14.1 percent.

Stronger currency

Some analysts had expected a pullback in March exports following an unusually strong start to the year, when firms stepped up shipments before the long Lunar New Year holiday in mid-February. That scenario did not alter their view that global demand remains robust.

But a stronger currency could also be starting to erode Chinese exporters’ competitiveness. The yuan appreciated around 3.7 percent against the U.S. dollar in the first quarter this year, on top of a 6.6 percent gain last year.

No hard timeline has been set by either Washington or Beijing for the actual imposition of tariffs, which leaves the door open to negotiations and a possible compromise that could limit the damage to both sides.

But with the threat of tariffs hanging over nearly a third of China’s exports to the United States, analysts say its companies and their U.S. customers may try to front-load shipments before any measures kick in.

China’s exports to the U.S. rose 14.8 percent in the first quarter from a year earlier, while imports rose 8.9 percent.

That sent its quarterly trade surplus with the U.S. surging 19.4 percent to $58.25 billion, though the March reading narrowed to $15.43 billion from $20.96 billion in February.

China’s total aluminum exports in March rose to their highest since June, just as the United States imposed a 10 percent tariff on imports of the metal on March 23 along with a 25 percent duty on steel imports.

Outlook cloudy

China’s exports rode a global trade boom last year, expanding at the fastest pace since 2013 and serving as one of the key drivers behind the economy’s forecast-beating expansion.

But the sudden spike in trade tensions with the United States is clouding the outlook for both China’s “old economy” heavy industries and “new economy” tech firms.

Washington says China’s $375 billion trade surplus with the United States is unacceptable, and has demanded Beijing reduce it by $100 billion immediately.

In a move to further force China to lower the trade surplus running with the U.S., Trump unveiled tariff representing about $50 billion of technology, transport and medical products early this month, drawing an immediate threat of retaliatory action from Beijing.

China’s tech sector, which is key part of Beijing’s longer-term “Made in China 2025” strategy to move from cheap goods to higher-value manufacturing, may be particularly vulnerable.

High-tech products have been among its fastest growing export segments. China exported $137.8 billion worth of high-tech products in the first quarter, up 20.5 percent on-year.

From: MeNeedIt

World Trade Body Warns US-China Tensions May Dent Business

The World Trade Organization predicts continued trade growth this year, though it warns that tensions and “tit-for-tat” retaliatory measures, notably between the U.S. and China, could compromise those projections.

WTO Director-General Roberto Azevedo laid out the trade body’s predictions at a news conference Thursday amid concerns about a trade war over U.S. President Donald Trump’s planned tariffs on Chinese and other goods and Beijing’s retaliation.

 

As it stands, the forecast is for 4.4 percent growth in merchandise trade volumes in 2018, easing to 4 percent next year. That’s down from 4.7 percent in 2017.

 

The WTO is pointing to “broadly positive signs” in world trade but says they face headwinds from “a rising tide of anti-trade sentiment and the increased willingness of governments to employ restrictive trade measures.”

From: MeNeedIt

World Trade Body Warns US-China Tensions May Dent Business

The World Trade Organization predicts continued trade growth this year, though it warns that tensions and “tit-for-tat” retaliatory measures, notably between the U.S. and China, could compromise those projections.

WTO Director-General Roberto Azevedo laid out the trade body’s predictions at a news conference Thursday amid concerns about a trade war over U.S. President Donald Trump’s planned tariffs on Chinese and other goods and Beijing’s retaliation.

 

As it stands, the forecast is for 4.4 percent growth in merchandise trade volumes in 2018, easing to 4 percent next year. That’s down from 4.7 percent in 2017.

 

The WTO is pointing to “broadly positive signs” in world trade but says they face headwinds from “a rising tide of anti-trade sentiment and the increased willingness of governments to employ restrictive trade measures.”

From: MeNeedIt

EU Seeks to Protect Farmers From Unfair Trade Practices

The European Union executive is seeking to protect farmers by imposing fines on retailers and supermarket chains using unfair trade practices.

 

EU Farm Commissioner Phil Hogan said Thursday the plan was “about giving voice to the voiceless” as small-scale farmers across the EU have struggled to eke out a living when faced with the negotiating power of major food conglomerates. He didn’t give details.

In recent years milk farmers and others have complained about having to sell below production costs, threatening their livelihood. The EU Commission said farmers are also faced with late payments, last-minute cancellations and unilateral contract changes.

 

The Copa-Cogeca farm union said that of the value of farm products, farmers now only get 21 percent, with the rest going to processors and retailers.

 

 

From: MeNeedIt

EU Seeks to Protect Farmers From Unfair Trade Practices

The European Union executive is seeking to protect farmers by imposing fines on retailers and supermarket chains using unfair trade practices.

 

EU Farm Commissioner Phil Hogan said Thursday the plan was “about giving voice to the voiceless” as small-scale farmers across the EU have struggled to eke out a living when faced with the negotiating power of major food conglomerates. He didn’t give details.

In recent years milk farmers and others have complained about having to sell below production costs, threatening their livelihood. The EU Commission said farmers are also faced with late payments, last-minute cancellations and unilateral contract changes.

 

The Copa-Cogeca farm union said that of the value of farm products, farmers now only get 21 percent, with the rest going to processors and retailers.

 

 

From: MeNeedIt

Another Trump Trade War, This Time with Rwanda over Clothes

The sweaty mechanic tossed aside the used jeans one by one, digging deep through the pile of secondhand clothes that are at the center of another, if little-noticed, Trump administration trade war.

 

The used clothes cast off by Americans and sold in bulk in African nations, a multimillion-dollar business, have been blamed in part for undermining local textile industries. Now Rwanda has taken action, raising tariffs on the clothing in defiance of U.S. pressure. In response, the U.S. says it will suspend duty-free status for clothing manufactured in Rwanda under the trade program known as the African Growth and Opportunity Act.

 

President Donald Trump’s decision has not gone down well in Rwanda, a small, largely impoverished East African nation still trying to heal the scars of genocide 24 years ago. Similar U.S. action against neighboring countries could follow; Uganda and Tanzania have pledged to raise tariffs and phase in a ban on used clothing imports by 2019.

 

The action against Rwanda comes just weeks after Trump met Rwandan President Paul Kagame at the World Economic Forum and proclaimed him a “friend,” as Trump sought to calm anger in Africa over his reported vulgar comments about the continent. Kagame currently chairs the African Union, where heads of state just days after the meeting drafted, but decided against issuing, a blistering statement on Trump.

 

The U.S. trade action is finding a mixed response in Africa, with some upset at Trump again, while others defend the secondhand clothing as popular, inexpensive and well-made.

 

The U.S. is a “bully” for retaliating against Rwanda’s efforts to grow its own textile industry, said Dismas Nkuranga, who deals in secondhand footwear in Rwanda’s capital, Kigali.

 

“The main objective for Rwanda is to see more companies in the country produce clothes here,” said Olivier Nduhungirehe, state minister for foreign affairs. “It’s also about giving Rwandans the dignity they deserve, not wearing secondhand clothes already used by other people.”

But at the sprawling Owino Market in neighboring Uganda’s capital, Kampala, the trade in used clothing continues to crackle, with some sellers shoving merchandise into the arms of shy potential buyers: a pair of jeans for a fraction of a dollar, a T-shirt for even less.

 

“Affordability is what I want,” said John Ekure, the mechanic who was shopping for jeans.

 

As some African governments worry that the bulk imports of used clothes constitute dumping, others question the ability of local clothing makers to satisfy appetites for quality goods at rock-bottom prices.

 

Rwanda has been supporting Chinese investors to set up textile factories in the hopes that the country eventually can produce affordable products and create 350,000 jobs by 2025. But many in Rwanda who praise the government’s decision to raise tariffs as progressive remain concerned about whether that goal can be reached.

 

In Uganda, where the per capita income is $615, traders and buyers said they hope the government will not move as swiftly as Rwanda in imposing higher tariffs on used clothes.

 

One trader said he had noticed a rise in the number of Rwandans coming to his stall to check out trench coats and jackets, apparently because such goods have become rare back home.

 

“If they are telling us they are going to create many industries making clothes, I can tell you they don’t have the capacity to do that,” Muhammad Kiyingi said of Uganda’s government. “Somebody should tell the government to think carefully.”

 

He predicted that tightening restrictions on imports of used clothing from the U.S. would lead to a spike in imports from places like China and the United Arab Emirates instead.

 

Following Rwanda’s lead would “cause more harm than good,” said Ramathan Ggoobi, an economist at Uganda’s Makerere University. “We have not yet built capacity to produce new products… so we would be protecting an inefficient producer.”

 

To satisfy the demand for Western fashion, African governments could offer incentives for Western textile companies to set up factories on the continent, said Uche Igwe, an analyst who advises the government in Nigeria, Africa’s most populous country.

 

“It is nice to grow our domestic industries and create employment,” he said. “However, we must first fix our infrastructural deficits so that local producers will produce at competitive costs.”

From: MeNeedIt

Solar Surge Threatens Hydro Future on Mekong 

Thousands of megawatts of wind and solar energy contracts in the Mekong region of Southeast Asia have been signed, seriously challenging the financial viability of major hydropower projects on the river, an energy expert told a water conference last week.

Buoyed by a recent Thai government decision to delay a power purchase deal with a major mainstream Mekong dam, clean-energy proponents and economists told the third Mekong River Commission summit that the regional energy market was on the cusp of a technological revolution.

Brian Eyler, director of the Southeast Asia Program at the Stimson Center, a nonprofit in Washington dedicated to enhancing global peace and security, said 6,000 megawatts’ worth of wind and solar contracts had been signed in Cambodia, Vietnam, Thailand and Laos in the last six months.

He said that in January 2017, he and his colleagues had suggested that more solar and wind energy projects be incorporated into Cambodia’s power development plan, the prospect of which had been “basically off the table” at the time. “In a year’s time, Cambodia has entirely restructured its energy sector” to emphasize solar projects in the country, “and if Cambodia’s doing it, you can bet that the other countries are doing it as well.”

Two gigawatts of wind and solar projects were announced in Vietnam in February and March alone according to a spreadsheet provided by the Stimson Center.

Hyunjung Lee, senior energy economist at the Asian Development Bank’s Southeast Asia Energy Division, said technologies such as wind and solar power were “going to hit the region very significantly, in my view.”

“The atmosphere in the region has been changed,” she said, even in just the past year. “We see a lot of development can happen in solar and wind in the region,” though more integrated approaches were needed.

Lee said the ADB was working to set up a Regional Power Coordination Center that would mimic a highly successful project in southern Africa to create an efficient, integrated regional market.

Impact on river system

A six-year Mekong River Commission Council study on development plans for the Mekong, which was the focus of the summit, suggested catastrophic impacts upon the health of the river system if all planned hydropower dams — 11 mainstream projects and more than 100 on tributaries — were built.

In a January report, the International Renewable Energy Agency found that the cost of electricity generated by solar facilities that supply utilities had fallen by 73 percent from 2010 to 2017, and the cost was forecast to be cut in half again by 2020. 

At that price trajectory, the cost of solar power would fall below that of hydropower by 2020, long before many planned Mekong dams go online.

Global solar capacity grew 32 percent, adding 94 gigawatts in 2017, while renewables across the board increased by 8.3 percent, the IREA survey of 15,000 data points found. Renewables and solar grew faster in Asia than anywhere else in the world, while the amount of hydropower commissioned across the globe was the lowest in a decade.

Wang Wenling, an assistant professor at Yunnan University’s Institute of International Rivers and Eco-Security, said she had just seen firsthand how far the price of solar technology had plummeted on a recent trip to North Carolina in the United States.

“I was super surprised how their solar power production cost per unit is actually cheaper than hydropower. I don’t know how they make it — it’s almost impossible for me — but their cost is only about 15 percent of the cost in China,” she said.

“So I think we have a lot of alternatives and it needs to be considered,” she said.

Some participants, particularly from Laos and Cambodia, remained skeptical of the technology.

“I think we need some more figures,” said a Cambodian member of the audience, raising concerns about stability. “We also think about some figure for the comparison between the occupation of the land of hydropower with solar energy.”

Attractive idea for Cambodia

Jake Brunner, program coordinator for the International Union for Conservation of Nature, said the figures for solar were particularly attractive in Cambodia, where land remained relatively cheap, while energy demand was high in neighboring southern Vietnam.

“We calculated that if you took one 10,000-hectare economic land concession in Cambodia, for example, and you made some very conservative assumptions, you could generate about 3 gigawatts, which is pretty close to Cambodia’s entire national consumption,” he said.

Land is a particularly sensitive issue in Cambodia, where rights group Licadho says more than half a million people have been affected by land conflicts.

Gregory Thomas, executive director of the Natural Heritage Institute, told the summit his organization had researched a solar photo-voltaic alternative for Cambodia that didn’t require any land at all.

Instead of building the massive planned Sambor dam on the Mekong, a “no dam alternative” study commissioned by the Cambodian government had recommended placing solar cells on the existing reservoir of the Lower Sesan II dam in Stung Treng.

“The advantage of integrating solar arrays on a hydropower reservoir that already exists is that you can use the unoccupied space on the reservoir without any land use conflicts whatsoever,” he said. “And, of course, the reservoir storage acts as a battery, essentially, to backstop the intermittent nature of the solar generation.”

Such a project could be cost-competitive and go online much more quickly than a hydropower dam, with 100 megwatts deployable in year, he said.

Floating solar projects are being developed around the world, including in China, where an enormous 150-megawatt installation on a lake that used to be a deserted coal mine is expected to go online in May, powering 15,000 homes.

From: MeNeedIt