20207 comments

• Comment Link Sunday, 27 July 2025 03:13 CoreyChear

  Indian and Chinese travelers hail end of visa freeze between world’s two most populous nations as diplomatic tensions thaw
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  They are the two most populous countries in the world and neighbors clamoring for more tourists, but for much of the last five years it has been difficult for Indian and Chinese nationals to vacation in each other’s nations.
  
  Now that looks set to finally change as previous fractious relations between the two Asian giants finally begin to thaw.
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  India will issue tourist visas for Chinese citizens for the first time in five years, allowing nationals from its neighboring country to freely visit each other, marking a significant reset in relations after a deadly border clash sent ties into a deep freeze.
  
  From Thursday, July 24, Chinese citizens can apply for tourist visas to India, the Indian embassy in Beijing said Wednesday.
  
  This “positive news” is in the “common interests of all parties,” China’s foreign spokesperson Guo Jiakun said. “China is willing to maintain communication and consultation with India to continuously improve the level of facilitation of personnel exchanges between the two countries.”
  
  There has been a gradual normalization of ties between India and China in recent months after relations were deeply strained in June 2020, when a brutal hand-to-hand battle in the Galwan Valley left at least 20 Indian and four Chinese soldiers dead.
  
  Both nations maintain a heavy military presence along their 2,100-mile (3,379-kilometer) de facto border, known as the Line of Actual Control (LAC) – a boundary that remains undefined and has been a persistent source of friction since their bloody 1962 war.
  
  The 2020 clash in the disputed region between Indian Ladakh and Chinese-controlled Aksai Chin marked the first deadly confrontation along India and China’s disputed border in more than 40 years.
• Comment Link Sunday, 27 July 2025 01:11 MichaelDen

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  Whilst Egypt’s summer heat increases its electricity demand, it could also offer a solution. The south of Egypt, where Scatec’s new project is breaking ground is “in the magic solar belt,” said Elgendy. According to the Global Solar Atlas, Egypt has the fourth-highest solar PV (photovoltaic) potential of any country.
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  Historically, solar energy has been hampered by its intermittency — solar panels only work during the day and large-scale battery storage has been too expensive. However, falling battery prices, combined with the lower operational and installation costs of solar power means that projects that combine solar generation with battery storage, like Obelisk, could overcome this problem.
  
  Because of its size and prime location, Obelisk, Elgendy said, “can demonstrate value for the rest of the region, for the rest of the world, that ‘solar plus batteries’ can take away this primary weakness.”
  The cost of battery storage projects has dropped by 89% between 2010 and 2023, driven by growing production capacity, especially in China. This drop, Elgendy said, means that by 2027 solar plus battery plants will be “the cheapest form of (any kind of electricity) generation.” A report by the Global Solar Council said that the availability of energy storage is a “major driver for increased solar installations globally.” However, whilst global battery storage capacity hit 363 gigawatt hours (GWh) in 2024, Africa only has 1.6 GWh.
  
  Whilst battery prices have dropped and solar is cheap to operate, these plants still need large investments to build, and the money can be hard to find, Elgendy said, adding that the “risk premium” of investing in the developing world means that these projects are more expensive to build in Africa. The continent attracted only 3% of global energy investments in 2024.
  
  Obelisk will receive $479.1 million in funding from the European Bank for Reconstruction and Development, the African Development Bank, and British International Investment. The first 561 MW of solar power and the full battery capacity are due to be online in the first half of 2026, and reach the full 1.1 gigawatt capacity by the end of the year.
• Comment Link Sunday, 27 July 2025 00:36 BarryJaick

  Job losses
  But what about the impact of tariffs on job creation? Surprisingly, an increase in import taxes has been found to result in slightly more unemployment across countries.
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  An example provided by Irwin at Dartmouth College points to one plausible explanation — and it has to do with the steeper cost of imported goods.
  
  “A number of studies have shown, on net, we lost jobs from the (2018) steel tariffs rather than gained jobs because there are more people employed in the downstream user industries than in the steel industry itself,” he said.
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  A study by the Federal Reserve Board found that a rise in input costs resulting from US tariff hikes in 2018-19 led to job losses in American manufacturing. The damage from those higher expenses was compounded by retaliatory taxes on US exports, more than offsetting a small boost to manufacturing employment from US tariffs — at least so far, the 2024 paper said.
  
  Retaliation by other countries is indeed another danger of pulling the tariff lever. Higher tariffs on American exports would typically raise their prices for foreign consumers, hitting demand for the goods in many cases.
  
  When Trump announced new tariffs this year, America’s major trading partners were quick to strike back with their own levies, although the US then agreed a temporary truce with China and the European Union.
  
  Costs of free trade
  While economists generally agree that free trade has benefited the global economy in recent decades, they acknowledge that it comes with certain costs.
  
  One is the loss of jobs in communities that are particularly exposed to new competition from foreign manufacturers.
  
  That is similar to the impact of technological progress on workers. “Manufacturing jobs as a share of the labor force have come down everywhere. It isn’t a US-specific story,” said Gimber at JPMorgan Asset Management, pointing to automation.
  
  He drew a parallel between helping workers affected by higher imports and what is known as a just transition — the idea that the drastic changes needed to move toward a greener economy should be fair to everyone and minimize harm to workers and communities.
  
  In both cases, providing workers in impacted industries with new skills or retraining them could be key, Gimber said.
  
  Another potential cost of free trade is dependency on far-flung manufacturers. That took on new relevance during the pandemic, which snarled global supply chains, contributing to shortages of products such as face masks and respirators in the US and elsewhere.
  
  However, economists do not typically see tariffs as a good way to build up domestic manufacturing, Fatas at INSEAD said, noting that subsidies for specific industries are viewed as a better tool “because they work more directly.”
  
  But perhaps the strongest argument in favor of free trade is its importance to maintaining peace between nations.
  
  As Gimber’s colleague David Kelly noted in March, closer trade relations give countries more to lose in any conflict.
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• Comment Link Saturday, 26 July 2025 23:04 VictorFlith

  Rescuers are hailing as a “four-legged hero” a furry Chihuahua whose pacing atop an Alpine rock helped a helicopter crew find its owner, who had fallen into a crevasse on a Swiss glacier nearby.
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  The man, who was not identified, was exploring the Fee Glacier in southern Switzerland on Friday when he broke through a snow bridge and fell nearly 8 meters (about 26 feet), according to Air Zermatt, a rescue, training and transport company.
  
  Equipped with a walkie-talkie, the man connected with a person nearby who relayed the accident to emergency services. But the exact location was unknown. After about a half-hour search, the pacing pooch caught the eye of a rescue team member.
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  As the crew zeroed on the Chihuahua, the hole the man fell into became more visible. Rescuers rappelled down, rescued the man and flew him and his canine companion to a hospital.
  
  “Imagine if the dog wasn’t there,” Air Zermatt spokesman Bruno Kalbermatten said by phone. “I have no idea what would happen to this guy. I think he wouldn’t survive this fall into the crevasse.”
  
  On its website, the company was effusive: “The dog is a four-legged hero who may have saved his master’s life in a life-threatening situation.”
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• Comment Link Saturday, 26 July 2025 21:29 Anthonykinge

  Emily Mazreku, director of marketing and communications at Breakthrough T1D, lives with type 1 diabetes and worked with Mattel to design the doll.
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  Barbie’s phone app displays a snapshot of her actual blood sugar readings from one day during the design process. Barbie’s blood glucose reading is 130 milligrams of sugar per deciliter of blood, which is in the normal range. Most people with diabetes try to keep their blood sugar between 70 and 180 mg/dl.Her continuous glucose monitor has a graph that shows the highs and lows that can happen during the day. The blue polka dots are nods to the colors and symbols for diabetes awareness.
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  Mazreku spent almost two years holding focus groups to get feedback about the features of the doll and to make sure it was representing the entire type 1 diabetes community.
  “Mattel approached us, and they wanted this to be a part of their Fashionista line,” Mazreku said. “And we jumped on that opportunity right away.”
  
  The line has dolls with more than 175 different looks, including a variety of skin tones, eye and hair colors. It includes a Barbie with behind-the-ear hearing aids, a blind doll who uses a cane and another with a prosthetic leg. There’s also a doll with vitiligo, a condition in which skin loses its pigment and becomes splotchy.
  
  “We know that increasing the number of people who can see themselves in Barbie continues to resonate,” said Devin Duff, a spokesperson for Mattel, in an email to CNN.
  
  The company said the blind Barbie and a doll with Down syndrome were among the most popular Fashionista dolls globally in 2024.
  The company launched its first doll with a disability — a friend for Barbie called Share-a-smile Becky, who used a wheelchair — in 1997. Customers noted at the time that Becky’s wheelchair couldn’t fit through the doors of the Barbie Dream House, a situation many people with disabilities encounter in real life.
• Comment Link Saturday, 26 July 2025 20:46 Kennethadeds

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• Comment Link Saturday, 26 July 2025 20:45 Georgehot

  Rescuers are hailing as a “four-legged hero” a furry Chihuahua whose pacing atop an Alpine rock helped a helicopter crew find its owner, who had fallen into a crevasse on a Swiss glacier nearby.
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  The man, who was not identified, was exploring the Fee Glacier in southern Switzerland on Friday when he broke through a snow bridge and fell nearly 8 meters (about 26 feet), according to Air Zermatt, a rescue, training and transport company.
  
  Equipped with a walkie-talkie, the man connected with a person nearby who relayed the accident to emergency services. But the exact location was unknown. After about a half-hour search, the pacing pooch caught the eye of a rescue team member.
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  As the crew zeroed on the Chihuahua, the hole the man fell into became more visible. Rescuers rappelled down, rescued the man and flew him and his canine companion to a hospital.
  
  “Imagine if the dog wasn’t there,” Air Zermatt spokesman Bruno Kalbermatten said by phone. “I have no idea what would happen to this guy. I think he wouldn’t survive this fall into the crevasse.”
  
  On its website, the company was effusive: “The dog is a four-legged hero who may have saved his master’s life in a life-threatening situation.”