Category Archives: News

worldwide news

US Productivity Grew at Solid 3.4% Rate in First Quarter

U.S. productivity grew at a strong 3.4% rate in the January-March quarter, the best showing in more than four years, the Labor Department reported Thursday. It was an encouraging sign that productivity may finally be improving after a long stretch of weakness.

 

The first quarter gain was more than double the 1.3% increase in the fourth quarter, although it was slightly lower than an initial estimate of 3.6% made a month ago. Labor costs fell during the first quarter, declining by 1.6% following a 0.4% drop in the fourth quarter.

 

Productivity, the amount of output per hour of work, is a key factor determining an economy’s growth potential. If the current rebound continues, it would provide support for President Donald Trump’s efforts to achieve sustained 3% growth rates.

 

The slight downward revision in productivity reflected the fact that overall output, as measured by gross domestic product, was revised down from an initial estimate of 3.2% growth to 3.1% growth in the first quarter.

 

The 3.4% advance in productivity was the strongest increase since a 3.7% rise in the third quarter of 2014. Productivity has risen 2.4% over the past four quarters, the best performance since a 2.7% four-quarter gain in 2010.

 

Productivity gains over the past decade have been lackluster, averaging just 1.3% annually from 2007 through 2018. That was less than half the 2.7% gains seen from 2000 to 2007, a period when the economy was benefiting from technology improvements in computers and the internet. From 1947 through 2018, annual productivity gains averaged 2.1%.

 

Economists see the slowdown in productivity over the past decade as one of the country’s biggest economic challenges. But recent signs indicate that may be turning around. The economy’s potential to grow is governed by two major factors, growth of the labor force and growth in productivity.

 

For all of 2018, GDP growth was 2.9%. The Trump administration has projected sustained GDP gains of 3% or better over the next decade, well above the 2.2% average GDP gains seen since the current expansion began in June 2009.

 

In a separate report Thursday, the Labor Department said that applications for unemployment benefits, a proxy for layoffs, held steady at 218,000 last week. That is a low level that indicates a strong job market. The government will release its May jobs report on Friday.

 

 

Front-Runner Biden Campaigning for President on His Terms

Just six weeks into his presidential campaign, Joe Biden is running as the Democrat to beat, charting a distinct path through the primary states, taking positions that may rile the party base and working with a single goal in mind: not being lumped in with the rest of the field.

While most Democrats crowd an Iowa dinner this weekend, he won’t be on the campaign trail. While most Democrats tout their support of abortion rights, Biden is offering a more nuanced, middle-ground position. And while most Democrats are preparing to battle one another, Biden is focused on President Donald Trump.

Biden’s moves suggest a candidate looking beyond the Democratic primary to the general election, laser-focused on issues that could shore him up with swing voters in key battleground states even if it spurs consternation from some Democrats now. At the moment, the strategy seems to be working as Biden enjoys a sizable lead in most early polls. But that could change with the first presidential debate of the season just weeks away.

“You are still running for the Democratic Party nomination, and you have to respect where the party is … and avoid pitfalls,” said Karen Finney, a key adviser in 2016 to Hillary Clinton, who navigated a fraught relationship with Democrats’ left flank to win the nomination but went on to lose the election. “It’s a very fine line he’s trying to walk.”

There are fresh signs of the peril he faces atop the field.

In a span of 24 hours this week, a staffer appeared to cut short a question-and-answer session with New Hampshire voters after the candidate called China “xenophobic,” suggesting the campaign remains anxious about Biden’s tendency to go off script. Aides admitted the campaign published a climate policy proposal without properly sourcing some material, a sign of a potential lack of discipline that sank Biden’s previous White House bids.

And Biden’s defense of his abortion views enraged fellow Democrats and left him uncomfortably close to Trump, whose campaign happily noted the president also opposes federal money supporting abortion.

More broadly, Biden risks contending with the same air of inevitability that Clinton confronted in 2016, magnifying every misstep and turning some voters against her.

“There are just places where he is out of step with the party,” Finney observed, citing his middle ground on abortion. “The question becomes whether there’s an assumption by this campaign that parts of the base might not like various positions but because people want to win, they’ll be willing to look past it.”

Biden’s Democratic competitors have been reluctant to attack publicly. Even as they disagreed with Biden’s abortion views on Wednesday, they generally avoided referring to him by name.

In private, however, rival campaigns are eager to complain that Biden hides from scrutiny. He’s among the only top-tier candidates yet to appear in a cable news town hall, and in contrast with many of his opponents, he rarely takes questions from groups of reporters after his campaign appearances.

Some of Biden’s top-tier opponents acknowledge they fear voter backlash should they engage the popular Biden more directly. They expect to debate policy differences, but most want to avoid the kind of scorched-earth attacks that fueled Trump’s rise during the 2016 Republican primary.

Only groups like the Progressive Change Campaign Committee — which backs Massachusetts Sen. Elizabeth Warren — have called Biden out aggressively. The group this week tweeted a picture of Biden’s schedule for June that features 10 days of campaigning; several days are limited to invitation-only fundraisers.

“You can hide for a few weeks during the primary, but you can’t hide from public engagement during the general election against Trump,” said PCCC co-founder Adam Green.

At Biden headquarters, aides don’t deny a front-runner’s approach, but they dispute any characterization that the former vice president isn’t engaging voters. Days when he’s not on the campaign trail, they say, are devoted to meetings with policy advisers and campaign aides. Indeed, Biden has unveiled two comprehensive policy outlines (education and climate) before the 40-day mark of his campaign, a faster clip than the gaggle of candidates who launched their bids in January and February.

And they say Biden made it to all four early voting states faster than most of his top-tier rivals.

Biden isn’t skipping large-scale Democratic events altogether. On Thursday, he’ll be in Atlanta at a Democratic National Committee event focused on minorities and voting rights. Later in June, he’ll spend two days at the South Carolina state party convention, an important stop ahead of the South’s first primary and the first nominating contest to feature a large black contingent.

And allowing a press pool at fundraisers — something his opponents aren’t doing systematically — means any misstep is captured, even if not on camera. He’s attended house parties and lunchtime meet-and-greets and taken questions in New Hampshire and Iowa, even if not as much as barnstormers like Warren or New Jersey Sen. Cory Booker.

Scott Brennan, a former Iowa Democratic Party chairman, said Biden’s strength in early polls allows him to “get a pass” from some of the criticism for now. But he warned that Biden should be aware of a nebulous measure: “Whether voters feel like you’re accessible.”

Then-Sen. Barack Obama skipped Iowa’s Hall of Fame dinner in 2007 — the same event Biden will miss this weekend. But Obama went on to win Iowa, largely because of his lengthy sessions answering questions from voters in more personal settings.

In New Hampshire on Tuesday, voters offered a mixed assessment.

Cynthia Tomai, a 51-year-old who is self-employed, said Biden has to play “catch up” to other candidates. “Would I like to see a little bit more aggressiveness in him?” Tomai said. “Yeah, I would. I think he does need to change his message a little bit.”

Lloyd Murray, a 67-year-old military veteran and business owner, said Biden’s front-runner approach is smart.

“I’m scared for him,” Murray said. “He’s known to make [gaffes] in the past. I want him to play it safe. He’s in the lead.”

 

 

Front-Runner Biden Campaigning for President on His Terms

Just six weeks into his presidential campaign, Joe Biden is running as the Democrat to beat, charting a distinct path through the primary states, taking positions that may rile the party base and working with a single goal in mind: not being lumped in with the rest of the field.

While most Democrats crowd an Iowa dinner this weekend, he won’t be on the campaign trail. While most Democrats tout their support of abortion rights, Biden is offering a more nuanced, middle-ground position. And while most Democrats are preparing to battle one another, Biden is focused on President Donald Trump.

Biden’s moves suggest a candidate looking beyond the Democratic primary to the general election, laser-focused on issues that could shore him up with swing voters in key battleground states even if it spurs consternation from some Democrats now. At the moment, the strategy seems to be working as Biden enjoys a sizable lead in most early polls. But that could change with the first presidential debate of the season just weeks away.

“You are still running for the Democratic Party nomination, and you have to respect where the party is … and avoid pitfalls,” said Karen Finney, a key adviser in 2016 to Hillary Clinton, who navigated a fraught relationship with Democrats’ left flank to win the nomination but went on to lose the election. “It’s a very fine line he’s trying to walk.”

There are fresh signs of the peril he faces atop the field.

In a span of 24 hours this week, a staffer appeared to cut short a question-and-answer session with New Hampshire voters after the candidate called China “xenophobic,” suggesting the campaign remains anxious about Biden’s tendency to go off script. Aides admitted the campaign published a climate policy proposal without properly sourcing some material, a sign of a potential lack of discipline that sank Biden’s previous White House bids.

And Biden’s defense of his abortion views enraged fellow Democrats and left him uncomfortably close to Trump, whose campaign happily noted the president also opposes federal money supporting abortion.

More broadly, Biden risks contending with the same air of inevitability that Clinton confronted in 2016, magnifying every misstep and turning some voters against her.

“There are just places where he is out of step with the party,” Finney observed, citing his middle ground on abortion. “The question becomes whether there’s an assumption by this campaign that parts of the base might not like various positions but because people want to win, they’ll be willing to look past it.”

Biden’s Democratic competitors have been reluctant to attack publicly. Even as they disagreed with Biden’s abortion views on Wednesday, they generally avoided referring to him by name.

In private, however, rival campaigns are eager to complain that Biden hides from scrutiny. He’s among the only top-tier candidates yet to appear in a cable news town hall, and in contrast with many of his opponents, he rarely takes questions from groups of reporters after his campaign appearances.

Some of Biden’s top-tier opponents acknowledge they fear voter backlash should they engage the popular Biden more directly. They expect to debate policy differences, but most want to avoid the kind of scorched-earth attacks that fueled Trump’s rise during the 2016 Republican primary.

Only groups like the Progressive Change Campaign Committee — which backs Massachusetts Sen. Elizabeth Warren — have called Biden out aggressively. The group this week tweeted a picture of Biden’s schedule for June that features 10 days of campaigning; several days are limited to invitation-only fundraisers.

“You can hide for a few weeks during the primary, but you can’t hide from public engagement during the general election against Trump,” said PCCC co-founder Adam Green.

At Biden headquarters, aides don’t deny a front-runner’s approach, but they dispute any characterization that the former vice president isn’t engaging voters. Days when he’s not on the campaign trail, they say, are devoted to meetings with policy advisers and campaign aides. Indeed, Biden has unveiled two comprehensive policy outlines (education and climate) before the 40-day mark of his campaign, a faster clip than the gaggle of candidates who launched their bids in January and February.

And they say Biden made it to all four early voting states faster than most of his top-tier rivals.

Biden isn’t skipping large-scale Democratic events altogether. On Thursday, he’ll be in Atlanta at a Democratic National Committee event focused on minorities and voting rights. Later in June, he’ll spend two days at the South Carolina state party convention, an important stop ahead of the South’s first primary and the first nominating contest to feature a large black contingent.

And allowing a press pool at fundraisers — something his opponents aren’t doing systematically — means any misstep is captured, even if not on camera. He’s attended house parties and lunchtime meet-and-greets and taken questions in New Hampshire and Iowa, even if not as much as barnstormers like Warren or New Jersey Sen. Cory Booker.

Scott Brennan, a former Iowa Democratic Party chairman, said Biden’s strength in early polls allows him to “get a pass” from some of the criticism for now. But he warned that Biden should be aware of a nebulous measure: “Whether voters feel like you’re accessible.”

Then-Sen. Barack Obama skipped Iowa’s Hall of Fame dinner in 2007 — the same event Biden will miss this weekend. But Obama went on to win Iowa, largely because of his lengthy sessions answering questions from voters in more personal settings.

In New Hampshire on Tuesday, voters offered a mixed assessment.

Cynthia Tomai, a 51-year-old who is self-employed, said Biden has to play “catch up” to other candidates. “Would I like to see a little bit more aggressiveness in him?” Tomai said. “Yeah, I would. I think he does need to change his message a little bit.”

Lloyd Murray, a 67-year-old military veteran and business owner, said Biden’s front-runner approach is smart.

“I’m scared for him,” Murray said. “He’s known to make [gaffes] in the past. I want him to play it safe. He’s in the lead.”

 

 

Ai-Da, Humanoid Robot Artist, Gears Up for First Solo Exhibition

Wearing a white blouse and her dark hair hanging loose, Ai-Da looks like any artist at work as she studies her subject and puts pencil to paper. But the beeping from her bionic arm gives her away – Ai-Da is a robot.

Described as “the world’s first ultra-realistic AI humanoid robot artist,” Ai-Da opens her first solo exhibition of eight drawings, 20 paintings, four sculptures and two video works next week, bringing “a new voice” to the art world, her British inventor and gallery owner Aidan Meller says.

“The technological voice is the important one to focus on because it affects everybody,” he told Reuters at a preview.

“We’ve got a very clear message we want to explore: the uses and abuses of A.I. today, because this next decade is coming in dramatically and we’re concerned about that and we want to have ethical considerations in all of that.”

Named after British mathematician and computer pioneer Ada Lovelace, Ai-Da can draw from sight thanks to cameras in her eyeballs and AI algorithms created by scientists at the University of Oxford that help produce coordinates for her arm to create art.

She uses a pencil or pen for sketches, but the plan is for Ai-Da to paint and create pottery. Her paint works now are printed onto canvas with a human painting over.

“From those coordinates from the drawing we’ve been able to take that into a algorithm that is then able to output it through a Cartesian graph that then produces a final image,” Meller said.

“It’s a really exciting process never been done before in the way that we’ve done it…We don’t know exactly how the drawings are going to turn out and that’s really important.”

On show at the “Unsecured Futures” exhibition are drawings paying tribute to Lovelace and mathematician Alan Turing, abstract paintings of trees, sculptures based on Ai-Da’s drawings of a bee and video works, one of which, “Privacy” pays homage to Yoko Ono’s 1965 “Cut Piece.”

Ai-Da, whose construction was completed in April, has already seen her art snapped up.

“It’s a sold out show with over a million pounds worth of artworks sold,” Meller said.

The exhibition, which opens on June 12 at the Barn Gallery at St John’s College, looks at the boundaries between technology, AI and organic life.

Asked by Meller about “all the AI going on at the moment,” Ai-Da, who has pre-programmed speech, replied: “New technologies bring the potential for good and evil. It is a great responsibility to try to curb excesses of negative use, something that we all must consider.”

Warren Criticizes Trump’s ‘Dart Throwing’ Mexico Tariff Decision

Democratic presidential hopeful Elizabeth Warren on Wednesday criticized U.S. President Donald Trump’s decision to impose tariffs on Mexico as “random dart throwing” that lacks a coherent strategy.

Trump unexpectedly told Mexico last week to take a harder line on curbing illegal immigration or face 5% tariffs on all its exports to the United States, rising to as much as 25% later in the year. On Tuesday, Trump said he expected to impose the tariffs as of Monday.

“Trump’s random dart throwing ain’t helping anybody,” Warren, a U.S. Senator from Massachusetts, told reporters after a campaign event in Elkhart, Indiana.

Moments earlier, before a crowd of about 600 in the town with a large manufacturing sector, Warren assailed companies that are moving production abroad. While that echoed Trump’s criticism, she faulted his approach.

“Lets be clear — tariff policy by tweet does not work,” Warren said. “Randomly raising tariffs on a handful of goods with no coherent policy and doing it nation by nation makes no sense at all.”

Warren is one of more than 20 Democrats vying for the Democratic nomination to challenge Trump in the November 2020 election.

Mexican officials will seek to persuade the White House in talks hosted by U.S. Vice President Mike Pence on Wednesday that their government has done enough to stem immigration and avoid looming tariffs. The tariff fight merges two of Trump’s biggest campaign promises, on immigration and fair trade.

“Nobody goes into battle by themselves when they can be stronger by having allies in it,” Warren said, calling for a “coherent trade policy.”

Other Candidates Weigh In

U.S. Senator Amy Klobuchar, who is also running to be a Democratic presidential nominee, criticized Trump for creating “chaos” by creating the tariffs and promising more.

“That’s the kind of chaos he likes,” Klobuchar said in an appearance on CNN on Tuesday. “And I just think that’s not how you embark on international diplomacy with one of our best allies.

U.S. Senator Kirsten Gillibrand, another Democratic presidential hopeful, had a similar criticism.

“This president has no plan and no ability to have a thoughtful approach towards trade or the economy,” Gillibrand said on Monday in a town hall on Fox News. “Because if he wanted to reduce the trade deficit, he’s only grown it.”

Warren Criticizes Trump’s ‘Dart Throwing’ Mexico Tariff Decision

Democratic presidential hopeful Elizabeth Warren on Wednesday criticized U.S. President Donald Trump’s decision to impose tariffs on Mexico as “random dart throwing” that lacks a coherent strategy.

Trump unexpectedly told Mexico last week to take a harder line on curbing illegal immigration or face 5% tariffs on all its exports to the United States, rising to as much as 25% later in the year. On Tuesday, Trump said he expected to impose the tariffs as of Monday.

“Trump’s random dart throwing ain’t helping anybody,” Warren, a U.S. Senator from Massachusetts, told reporters after a campaign event in Elkhart, Indiana.

Moments earlier, before a crowd of about 600 in the town with a large manufacturing sector, Warren assailed companies that are moving production abroad. While that echoed Trump’s criticism, she faulted his approach.

“Lets be clear — tariff policy by tweet does not work,” Warren said. “Randomly raising tariffs on a handful of goods with no coherent policy and doing it nation by nation makes no sense at all.”

Warren is one of more than 20 Democrats vying for the Democratic nomination to challenge Trump in the November 2020 election.

Mexican officials will seek to persuade the White House in talks hosted by U.S. Vice President Mike Pence on Wednesday that their government has done enough to stem immigration and avoid looming tariffs. The tariff fight merges two of Trump’s biggest campaign promises, on immigration and fair trade.

“Nobody goes into battle by themselves when they can be stronger by having allies in it,” Warren said, calling for a “coherent trade policy.”

Other Candidates Weigh In

U.S. Senator Amy Klobuchar, who is also running to be a Democratic presidential nominee, criticized Trump for creating “chaos” by creating the tariffs and promising more.

“That’s the kind of chaos he likes,” Klobuchar said in an appearance on CNN on Tuesday. “And I just think that’s not how you embark on international diplomacy with one of our best allies.

U.S. Senator Kirsten Gillibrand, another Democratic presidential hopeful, had a similar criticism.

“This president has no plan and no ability to have a thoughtful approach towards trade or the economy,” Gillibrand said on Monday in a town hall on Fox News. “Because if he wanted to reduce the trade deficit, he’s only grown it.”

Bernie Sanders Urges Walmart to Boost Starvation Wages’

Democratic U.S. presidential hopeful Bernie Sanders on Wednesday told Walmart shareholders and top executives that the world’s largest retailer should boost the “starvation”-level wages it pays its workers and stop fueling income inequality.

Speaking at Walmart’s shareholder meeting, the U.S. senator said: “Despite the incredible wealth of Walmart’s owners” the company pays “starvation wages.”

He presented a shareholder proposal asking the company to give hourly employees a seat on its board and raise base wages to $15 an hour.

Walmart’s “wages are so low, many of these employees are forced to rely on government programs like food stamps, Medicaid and public housing in order to survive,” Sanders said.

“The American people are so tired of subsidizing the greed of some of the largest corporations in the United States,” he added.

Sanders had three minutes to present and make comments. His remarks at the meeting drew attention to his campaign for the 2020 Democratic presidential nomination as well as to the drive for higher hourly U.S. wages, one of his signature issues.

The proposal, filed by Walmart worker Carolyn Davis, was buried at the end of the annual proxy filing. It had no chance of passing since a majority of shares are owned by the family of the founder, the late Sam Walton, and the retailer has asked shareholders to vote against it.

Sanders also complained that “Walmart’s CEO is making a thousand times more than the average Walmart employee.”

Walmart’s CEO received a 423.6 million pay package last year. The ratio compared with that of the median associate was 1,076 to 1.

Protesters gathered outside the meeting, many from the labor group “United for Respect” which has pushed for a worker presence on Walmart’s board. They held signs supporting Sanders 2020 presidential campaign and calling for a $15 per hour U.S. minimum wage.

“What do we want? 15. When do we want it? Now!” the protesters chanted as Sanders briefly addressed workers and the media in a parking lot outside the meeting.

Final results of the vote were expected later in the afternoon.

Walmart has raised its minimum wage twice since 2016 to $11 an hour, still lower than the $15 an hour that rival Amazon.com Inc pays employees. Retailers Target and Costco also pay higher rates than Walmart.

Chief Executive Officer Doug McMillon said Walmart has raised wages in the United States by 50 percent in the past four years and continues to increase wages on a market-by-market basis to hire and retain talent. He also urged Congress to raise the federal minimum wage, calling the current minimum of $7.25 an hour “too low.”

“We are not perfect, but together we are learning, we are listening and changing,” he said.

Walmart has said it pays an average of $17.50 an hour to its hourly employees, including benefits.

Last year, Sanders introduced the Stop Walmart Act, a bill that would prevent large companies from buying back stock unless they pay all employees at least $15 an hour.

The U.S. Senator has also backed campaigns to push Amazon and Disney  to raise their minimum wages, an issue that has found support with all Democratic candidates running for the presidential nomination.

Walmart, which employs nearly 1.5 million Americans and is the largest U.S. private-sector employer, drew sharp criticism from labor groups and unions when it changed the format of its annual meeting last year, splitting it into two separate events.

The business meeting at which Sanders spoke is now held a few days before the big shareholder event, which draws thousands of employees. This year and the year before, the company rushed through shareholder proposals at the business meeting, which had a fraction of the attendees, in less than 30 minutes.

Canada Details Plans for 5G Internet Rollout

Canada on Wednesday said it was preparing for the arrival of ultra-fast 5G internet service as it outlined plans to make more 5G spectrum available starting next year.

The federal Innovation Ministry released a paper outlining changes to an auction expected next year, a decision on a higher frequency millimeter wave spectrum in 2021, and a proposal for a new frequency in 2022.

“The next steps in our plan will continue to improve rural internet access and allow for the timely deployment of 5G connectivity while increasing the level of competition to lower prices for Canadians,” Innovation Minister Navdeep Bains said in a statement.

The government estimates that 5G wireless technologies could be a C$40 billion ($29.8 billion) industry in Canada by 2026, and it is investing C$199 million over five years to modernize spectrum equipment.

Canada has not yet said whether or not it will use 5G equipment provided by China-based Huawei Technologies Co Ltd.

The United States has accused Huawei of being tied to China’s government, and has effectively banned U.S. firms from doing business with the company for national security reasons.

Canada Details Plans for 5G Internet Rollout

Canada on Wednesday said it was preparing for the arrival of ultra-fast 5G internet service as it outlined plans to make more 5G spectrum available starting next year.

The federal Innovation Ministry released a paper outlining changes to an auction expected next year, a decision on a higher frequency millimeter wave spectrum in 2021, and a proposal for a new frequency in 2022.

“The next steps in our plan will continue to improve rural internet access and allow for the timely deployment of 5G connectivity while increasing the level of competition to lower prices for Canadians,” Innovation Minister Navdeep Bains said in a statement.

The government estimates that 5G wireless technologies could be a C$40 billion ($29.8 billion) industry in Canada by 2026, and it is investing C$199 million over five years to modernize spectrum equipment.

Canada has not yet said whether or not it will use 5G equipment provided by China-based Huawei Technologies Co Ltd.

The United States has accused Huawei of being tied to China’s government, and has effectively banned U.S. firms from doing business with the company for national security reasons.

World Bank: Iran Likely to Suffer Worse Recession Than Previously Thought

This article originated in VOA’s Persian Service.

WASHINGTON —The World Bank says Iran is likely to experience an even worse recession this year than previously thought, as U.S. sanctions largely choke off oil exports that have been Tehran’s main revenue source.

In its latest Global Economic Prospects report published Wednesday, the Washington-based institution that provides loans to countries said it expects Iran’s Gross Domestic Product to shrink by 4.5% this year, a steeper contraction than its earlier estimate of negative 3.6% GDP growth for 2019.

“The oil industry is an important part of Iran’s economy, and its oil production is clearly going to drop because of the new U.S. sanctions,” said Patrick Clawson, research director for the Washington Institute for Near East Policy, in a VOA Persian interview on Wednesday.

The Trump administration imposed a total, unilateral ban on Iranian oil exports on May 2 as part of its campaign of “maximum pressure” on Iran to negotiate an end to its perceived malign behaviors. It had issued sanctions waivers to eight of Iran’s oil customers in November to allow them to keep importing Iranian crude for six months, but later said it would not renew those waivers and would require those customers to reduce such imports to zero.

U.S. economist Steve Hanke of Johns Hopkins University in Baltimore told VOA Persian in another Wednesday interview that Iran’s internal economic problems also are to blame for its worsening recession. “Iran is very corrupt, has very little economic freedom, and it’s hard to start a business there because Iran is not really a free market or liberal economy,” Hanke said.

Transparency International, a Berlin-based civil society organization that monitors global corruption, has ranked Iran 138 out of 180 countries in its Corruption Perceptions Index.

Iran’s other low global economic rankings include 155 out of 180 nations in the Economic Freedom Index of the Washington-based Heritage Foundation, a conservative public policy institute, and 128 out of 190 governments in the World Bank’s Ease of Doing Business index.

The World Bank’s new report also said Iran’s year-on-year inflation rate has risen sharply from about 10% in the middle of last year to about 52% in April. It said the depreciation of Iran’s rial since May 2018, when the U.S. announced it would re-impose sanctions on Iran, has contributed to the rising inflation. The rial’s slump versus the dollar in Iran’s unofficial currency market has made dollar-denominated imports more expensive for Iranians.

Clawson said Iran’s inflation is high primarily because it is relying on printing money to finance its spending. “The Iranian government is not bringing in enough revenue to pay for its expenses, so it is borrowing money from the banking system to cover the difference, and that is driving inflation,” he said.

Hanke, who says he is the only economist outside Iran to measure its inflation with high frequency, told VOA Persian that he calculated Iran’s actual inflation rate to be 113% on Wednesday, much higher than the World Bank’s latest reading.

The World Bank’s projection of a 4.5% contraction in Iran’s GDP this year is not as bad as the 6% contraction predicted by the International Monetary Fund, another global lending agency, in its latest report from April. The World Bank also said it expects economic growth in Iran to return next year “as the impact of U.S. sanctions tapers off and as inflation stabilizes.” It projected a 0.9% rise in Iran’s GDP for 2020.

Hanke declined to make his own predictions for Iran’s economic performance, saying any forecasts for a nation such as Iran are problematic because they rely on guesswork.

World Bank: Iran Likely to Suffer Worse Recession Than Previously Thought

This article originated in VOA’s Persian Service.

WASHINGTON —The World Bank says Iran is likely to experience an even worse recession this year than previously thought, as U.S. sanctions largely choke off oil exports that have been Tehran’s main revenue source.

In its latest Global Economic Prospects report published Wednesday, the Washington-based institution that provides loans to countries said it expects Iran’s Gross Domestic Product to shrink by 4.5% this year, a steeper contraction than its earlier estimate of negative 3.6% GDP growth for 2019.

“The oil industry is an important part of Iran’s economy, and its oil production is clearly going to drop because of the new U.S. sanctions,” said Patrick Clawson, research director for the Washington Institute for Near East Policy, in a VOA Persian interview on Wednesday.

The Trump administration imposed a total, unilateral ban on Iranian oil exports on May 2 as part of its campaign of “maximum pressure” on Iran to negotiate an end to its perceived malign behaviors. It had issued sanctions waivers to eight of Iran’s oil customers in November to allow them to keep importing Iranian crude for six months, but later said it would not renew those waivers and would require those customers to reduce such imports to zero.

U.S. economist Steve Hanke of Johns Hopkins University in Baltimore told VOA Persian in another Wednesday interview that Iran’s internal economic problems also are to blame for its worsening recession. “Iran is very corrupt, has very little economic freedom, and it’s hard to start a business there because Iran is not really a free market or liberal economy,” Hanke said.

Transparency International, a Berlin-based civil society organization that monitors global corruption, has ranked Iran 138 out of 180 countries in its Corruption Perceptions Index.

Iran’s other low global economic rankings include 155 out of 180 nations in the Economic Freedom Index of the Washington-based Heritage Foundation, a conservative public policy institute, and 128 out of 190 governments in the World Bank’s Ease of Doing Business index.

The World Bank’s new report also said Iran’s year-on-year inflation rate has risen sharply from about 10% in the middle of last year to about 52% in April. It said the depreciation of Iran’s rial since May 2018, when the U.S. announced it would re-impose sanctions on Iran, has contributed to the rising inflation. The rial’s slump versus the dollar in Iran’s unofficial currency market has made dollar-denominated imports more expensive for Iranians.

Clawson said Iran’s inflation is high primarily because it is relying on printing money to finance its spending. “The Iranian government is not bringing in enough revenue to pay for its expenses, so it is borrowing money from the banking system to cover the difference, and that is driving inflation,” he said.

Hanke, who says he is the only economist outside Iran to measure its inflation with high frequency, told VOA Persian that he calculated Iran’s actual inflation rate to be 113% on Wednesday, much higher than the World Bank’s latest reading.

The World Bank’s projection of a 4.5% contraction in Iran’s GDP this year is not as bad as the 6% contraction predicted by the International Monetary Fund, another global lending agency, in its latest report from April. The World Bank also said it expects economic growth in Iran to return next year “as the impact of U.S. sanctions tapers off and as inflation stabilizes.” It projected a 0.9% rise in Iran’s GDP for 2020.

Hanke declined to make his own predictions for Iran’s economic performance, saying any forecasts for a nation such as Iran are problematic because they rely on guesswork.

Amazon Says Drones Will Be Making Deliveries In Months

Amazon said Wednesday that it plans to use self-driving drones to deliver packages to shoppers’ home in the coming months 

The online shopping giant did not give exact timing or say where the drones will be making deliveries.

Amazon said its new drones use computer vision and machine learning to detect and avoid people or laundry clotheslines in backyards when landing.  

“From paragliders to power lines to a corgi in the backyard, the brain of the drone has safety covered,” said Jeff Wilke, who oversees Amazon’s retail business. 

Wilke said the drones are fully electric, can fly up to 15 miles and carry packages that weigh up to five pounds. 

Amazon has been working on drone delivery for years. Back in December 2013, Amazon CEO and founder Jeff Bezos told the “60 Minutes” news show that drones would be flying to customer’s homes within five years. But that deadline passed due to regulatory hurdles.  

The Federal Aviation Administration, which regulates commercial use of drones in the U.S., did not immediately respond to a request for comment Wednesday. 

In April, a subsidiary of search giant Google won approval from the FAA to make drone deliveries in parts of Virginia. 

Democratic Rivals Rebuke Biden for Not Backing Abortion Rule Repeal

Joe Biden is under fire from his Democratic presidential rivals and women’s rights advocates for his defense of a decades-old prohibition on federal money paying for abortions.

Most Democratic White House hopefuls reflect their party’s latest platform calling for the outright repeal of the Hyde Amendment, which traces back to a compromise made when Biden was a young Delaware senator in the years after the landmark Roe v. Wade Supreme Court ruling legalized abortion nationwide.

But a Biden campaign spokesman said Wednesday that the former vice president supports the measure, though he “would be open to repealing it” if abortion access is further threatened by restrictive state laws, like those recently passed in Georgia and Alabama.

The hedging prompted intraparty outcry, with top Democrats reaffirming their commitment to abortion rights and scrapping the Hyde Amendment. They generally avoided mentioning Biden by name, but the pushback marked the first significant instance in which virtually the entire crowded 2020 field united to critique Biden, who has emerged as an early Democratic front-runner .

New York Sen. Kirsten Gillibrand, who has campaigned as an unapologetic feminist, tweeted “reproductive rights are human rights, period. They should be nonnegotiable for all Democrats.” On Capitol Hill, California Sen. Kamala Harris told The Associated Press she was “absolutely opposed to the idea that a woman is not going to have an ability to exercise her choice based on how much money she’s got.”

Campaigning in Indiana, Massachusetts Sen. Elizabeth Warren said, “This isn’t about the politics, this is about what’s right. The Hyde Amendment should not be the law.”

Other presidential candidates, including Vermont Sen. Bernie Sanders, New Jersey Sen. Cory Booker, Minnesota Sen. Amy Klobuchar and former Texas Rep. Beto O’Rourke, also voiced support for ending the Hyde Amendment.

Biden’s abortion views came under scrutiny recently after video emerged of a conversation between him and a South Carolina activist that appeared to suggest he backed the Hyde Amendment’s repeal. His campaign said Biden thought the activist was asking about the so-called Mexico City rule, which prohibits U.S. foreign aid to non-American organizations that provide abortion services.

The campaign said Biden supports ending the Mexico City rule but backs the Hyde Amendment for now. That would change, it said, “if avenues for women to access their protected rights under Roe v. Wade are closed.”

Biden, a Roman Catholic, has long been a supporter of the once-bipartisan Hyde Amendment, which President Bill Clinton signed into law in 1993. It bars the use of federal funds for abortion other than in cases of incest, rape or to save the life of the mother.

That position aligns the former vice president with the man he’s trying to unseat next year, President Donald Trump. Campaign spokesman Tim Murtaugh said Wednesday that “President Trump opposes taxpayer funding of abortions and supports the Hyde Amendment.”

Biden has said in the past he agrees with his church’s opposition to abortion personally but doesn’t think the government should impose his views on others. After the Supreme Court decided the Roe v. Wade case, Biden originally worried the decision “went too far,” though he later became a staunch defender of it.

“I’ve stuck to my middle-of-the-road position on abortion for more than 30 years,” he wrote in his 2007 book “Promises to Keep.” `’I still vote against partial birth abortion and federal funding, and I’d like to make it easier for scared young mothers to choose not to have an abortion, but I will also vote against a constitutional amendment that strips a woman of her right to make her own choice.”

As a party, Democrats didn’t expressly state opposition to the Hyde Amendment until 2016. The Democratic platform that year also introduced a specific mention of Planned Parenthood, as it was adopted amid a rash of Republican-run state legislatures trying to strip Medicaid financing for the women’s health giant whose services include abortion and abortion referrals.

Abortion rights supporters also condemned the Hyde Amendment on Wednesday.

“As abortion access is being restricted and pushed out of reach in states around the country, it is unacceptable for a candidate to support policies that further restrict abortion,” Kelley Robinson, executive director of the Planned Parenthood Action Fund, said in a statement.

Ilyse Hogue, president of NARAL Pro-Choice America, said Biden’s position “further endangers women and families already facing enormous hurdles and creates two classes of rights for people in this country, which is inherently undemocratic.”

Biden ally and California Democratic Sen. Dianne Feinstein said in an interview, “I respect Joe. I just disagree.” She said it wouldn’t affect her support, but she planned to raise the issue with him: “Oh, yeah. We’ll talk about it. No question.”

Hawaii Democratic Sen. Mazie Hirono went further, saying she was “very disappointed” in Biden’s position and urged Democratic presidential candidates to “come together” in full support of abortion rights.

“This is why there are going to be a lot of women and others who are going to be asking Biden, `Where exactly are you on the issue of a woman’s right to choose?”’ Hirono said.

 

Democratic Rivals Rebuke Biden for Not Backing Abortion Rule Repeal

Joe Biden is under fire from his Democratic presidential rivals and women’s rights advocates for his defense of a decades-old prohibition on federal money paying for abortions.

Most Democratic White House hopefuls reflect their party’s latest platform calling for the outright repeal of the Hyde Amendment, which traces back to a compromise made when Biden was a young Delaware senator in the years after the landmark Roe v. Wade Supreme Court ruling legalized abortion nationwide.

But a Biden campaign spokesman said Wednesday that the former vice president supports the measure, though he “would be open to repealing it” if abortion access is further threatened by restrictive state laws, like those recently passed in Georgia and Alabama.

The hedging prompted intraparty outcry, with top Democrats reaffirming their commitment to abortion rights and scrapping the Hyde Amendment. They generally avoided mentioning Biden by name, but the pushback marked the first significant instance in which virtually the entire crowded 2020 field united to critique Biden, who has emerged as an early Democratic front-runner .

New York Sen. Kirsten Gillibrand, who has campaigned as an unapologetic feminist, tweeted “reproductive rights are human rights, period. They should be nonnegotiable for all Democrats.” On Capitol Hill, California Sen. Kamala Harris told The Associated Press she was “absolutely opposed to the idea that a woman is not going to have an ability to exercise her choice based on how much money she’s got.”

Campaigning in Indiana, Massachusetts Sen. Elizabeth Warren said, “This isn’t about the politics, this is about what’s right. The Hyde Amendment should not be the law.”

Other presidential candidates, including Vermont Sen. Bernie Sanders, New Jersey Sen. Cory Booker, Minnesota Sen. Amy Klobuchar and former Texas Rep. Beto O’Rourke, also voiced support for ending the Hyde Amendment.

Biden’s abortion views came under scrutiny recently after video emerged of a conversation between him and a South Carolina activist that appeared to suggest he backed the Hyde Amendment’s repeal. His campaign said Biden thought the activist was asking about the so-called Mexico City rule, which prohibits U.S. foreign aid to non-American organizations that provide abortion services.

The campaign said Biden supports ending the Mexico City rule but backs the Hyde Amendment for now. That would change, it said, “if avenues for women to access their protected rights under Roe v. Wade are closed.”

Biden, a Roman Catholic, has long been a supporter of the once-bipartisan Hyde Amendment, which President Bill Clinton signed into law in 1993. It bars the use of federal funds for abortion other than in cases of incest, rape or to save the life of the mother.

That position aligns the former vice president with the man he’s trying to unseat next year, President Donald Trump. Campaign spokesman Tim Murtaugh said Wednesday that “President Trump opposes taxpayer funding of abortions and supports the Hyde Amendment.”

Biden has said in the past he agrees with his church’s opposition to abortion personally but doesn’t think the government should impose his views on others. After the Supreme Court decided the Roe v. Wade case, Biden originally worried the decision “went too far,” though he later became a staunch defender of it.

“I’ve stuck to my middle-of-the-road position on abortion for more than 30 years,” he wrote in his 2007 book “Promises to Keep.” `’I still vote against partial birth abortion and federal funding, and I’d like to make it easier for scared young mothers to choose not to have an abortion, but I will also vote against a constitutional amendment that strips a woman of her right to make her own choice.”

As a party, Democrats didn’t expressly state opposition to the Hyde Amendment until 2016. The Democratic platform that year also introduced a specific mention of Planned Parenthood, as it was adopted amid a rash of Republican-run state legislatures trying to strip Medicaid financing for the women’s health giant whose services include abortion and abortion referrals.

Abortion rights supporters also condemned the Hyde Amendment on Wednesday.

“As abortion access is being restricted and pushed out of reach in states around the country, it is unacceptable for a candidate to support policies that further restrict abortion,” Kelley Robinson, executive director of the Planned Parenthood Action Fund, said in a statement.

Ilyse Hogue, president of NARAL Pro-Choice America, said Biden’s position “further endangers women and families already facing enormous hurdles and creates two classes of rights for people in this country, which is inherently undemocratic.”

Biden ally and California Democratic Sen. Dianne Feinstein said in an interview, “I respect Joe. I just disagree.” She said it wouldn’t affect her support, but she planned to raise the issue with him: “Oh, yeah. We’ll talk about it. No question.”

Hawaii Democratic Sen. Mazie Hirono went further, saying she was “very disappointed” in Biden’s position and urged Democratic presidential candidates to “come together” in full support of abortion rights.

“This is why there are going to be a lot of women and others who are going to be asking Biden, `Where exactly are you on the issue of a woman’s right to choose?”’ Hirono said.

 

YouTube Bans Holocaust Denial Videos in Policy Reversal

YouTube said on Wednesday it would remove videos that deny the Holocaust, school shootings and other “well-documented violent events,” a major reversal in policy as it fights criticism that it provides a platform for hate speech and harassment.

The streaming service, owned by Alphabet Inc’s Google, also said it would remove videos that glorify Nazi ideology or promote groups that claim superiority to others to justify several forms of discrimination.

In addition, video creators that repeatedly brush up against YouTube’s hate speech policies, even without violating them, will be removed from its advertising revenue-sharing program, YouTube spokesman Farshad Shadloo said.

YouTube for years has stood by allowing diverse commentary on history, race and other fraught issues, even if some of it was objectionable to many users.

But regulators, advertisers and users have complained that free speech should have its limits online, where conspiracies and hate travel fast and can radicalize viewers. The threat of widespread regulation, and a few advertiser boycotts, appear to have spurred more focus on the issue from YouTube and researchers.

In a blog post, the company did not explain why it changed its stance but said “we’ve been taking a close look at our approach towards hateful content in consultation with dozens of experts in subjects like violent extremism, supremacism, civil rights and free speech.”

YouTube acknowledged the new policies could hurt researchers who seek out objectionable videos “to understand hate in order to combat it.” The policies could also frustrate free speech advocates who say hate speech should not be censored.

Jonathan Greenblatt, chief executive of the Anti-Defamation League, which researches anti-Semitism, said it had provided input to YouTube on the policy change.

“While this is an important step forward, this move alone is insufficient and must be followed by many more changes from YouTube and other tech companies to adequately counter the scourge of online hate and extremism,” Greenblatt said in a statement.

Other types of videos to be removed under YouTube’s new rules include conspiracy theories about Jews running the world, calls for denying women civil rights because of claims they are less intelligent than men, and some white nationalist content, Shadloo said.

YouTube said creators in the revenue-sharing program who are repeatedly found posting borderline hate content would be notified when they do it one too many times and could appeal their termination. The company did not immediately respond to questions about what the limit on such postings would be.

 

YouTube Bans Holocaust Denial Videos in Policy Reversal

YouTube said on Wednesday it would remove videos that deny the Holocaust, school shootings and other “well-documented violent events,” a major reversal in policy as it fights criticism that it provides a platform for hate speech and harassment.

The streaming service, owned by Alphabet Inc’s Google, also said it would remove videos that glorify Nazi ideology or promote groups that claim superiority to others to justify several forms of discrimination.

In addition, video creators that repeatedly brush up against YouTube’s hate speech policies, even without violating them, will be removed from its advertising revenue-sharing program, YouTube spokesman Farshad Shadloo said.

YouTube for years has stood by allowing diverse commentary on history, race and other fraught issues, even if some of it was objectionable to many users.

But regulators, advertisers and users have complained that free speech should have its limits online, where conspiracies and hate travel fast and can radicalize viewers. The threat of widespread regulation, and a few advertiser boycotts, appear to have spurred more focus on the issue from YouTube and researchers.

In a blog post, the company did not explain why it changed its stance but said “we’ve been taking a close look at our approach towards hateful content in consultation with dozens of experts in subjects like violent extremism, supremacism, civil rights and free speech.”

YouTube acknowledged the new policies could hurt researchers who seek out objectionable videos “to understand hate in order to combat it.” The policies could also frustrate free speech advocates who say hate speech should not be censored.

Jonathan Greenblatt, chief executive of the Anti-Defamation League, which researches anti-Semitism, said it had provided input to YouTube on the policy change.

“While this is an important step forward, this move alone is insufficient and must be followed by many more changes from YouTube and other tech companies to adequately counter the scourge of online hate and extremism,” Greenblatt said in a statement.

Other types of videos to be removed under YouTube’s new rules include conspiracy theories about Jews running the world, calls for denying women civil rights because of claims they are less intelligent than men, and some white nationalist content, Shadloo said.

YouTube said creators in the revenue-sharing program who are repeatedly found posting borderline hate content would be notified when they do it one too many times and could appeal their termination. The company did not immediately respond to questions about what the limit on such postings would be.

 

O’Rourke Voting Rights Plan Seeks 65% National Voter Turnout

Beto (BET’-oh) O’Rourke has unveiled a voting rights proposal he says can increase voter registration by 50 million and raise nationwide voter turnout to 65%.

He’s seeking to ensure 35 million new voters cast ballots in 2024’s presidential race.

The former Texas congressman and 2020 Democratic presidential candidate announced Wednesday he’d champion legislation ensuring automatic voter registration, including preregistration starting at age 16 and same-day registration. He’d make Election Day a holiday, extend early voting and strengthen the Voting Rights Act.

O’Rourke promises to direct the Justice Department to combat strict voter ID laws around the country and keep some state officials from “purging” voter rolls. He’d back a constitutional amendment imposing 12-year House and Senate term limits and 18-year limits for Supreme Court justices.

The Pew Research Center says voter turnout was 61% in 2016.

US Court Weighs if Climate Change Violates Children’s Rights

In a courtroom packed with environmental activists, federal judges wrestled Tuesday with whether climate change violates the constitutional rights of young people who have sued the U.S. government over the use of fossil fuels.

A Justice Department attorney warned three judges from the 9th U.S. Circuit Court of Appeals that allowing the case to go to trial would be unprecedented and open the doors to more lawsuits.

“This case would have earth-shattering consequences,” Assistant Attorney General Jeffrey Clark said. 

He called the lawsuit “a direct attack on the separation of powers” and said the 21 young people who filed it want the courts to direct U.S. energy policy, instead of government officials.

The young people are pressing the government to stop promoting the use of fossil fuels, saying sources like coal and oil cause climate change and violate their Fifth Amendment rights to life, liberty and property. 

The judges seemed to feel the enormity of the case, which the plaintiffs’ lawyer compared in scope to the U.S. Supreme Court’s Brown v. Board of Education ruling that mandated desegregation of schools in the 1950s.

If the case moves forward, the judiciary would be “dealing with different branches of government and telling them what to do,” said Judge Andrew Hurwitz, instead of issuing court orders telling officials to stop doing something deemed unconstitutional.

The dire threat to people, particularly the young, demands such action, said Julia Olson, chief legal counsel for Our Children’s Trust, which is representing the plaintiffs. 

“When our great-grandchildren look back on the 21st century, they will see that government-sanctioned climate destruction was the constitutional issue of this century,” Olson told the judges.

​The lawsuit asks the courts to declare federal energy policy that contributes to climate change unconstitutional, order the government to quickly phase out carbon dioxide emissions to a certain level by 2100 and mandate a national climate recovery plan. 

The Obama and Trump administrations have tried to get the case dismissed since it was filed in Oregon in 2015.

“It’s just really disappointing to see the lengths that they go to – to not only not let us get the remedy that we’re seeking, but not even let us have the chance to prove our facts or present our case at trial,” said Nathan Baring, a 19-year-old from Fairbanks, Alaska, who joined the lawsuit when he was 15.

Baring said a social media campaign in the early days featured the hashtag #KidsvsGov, which was changed to #YouthvsGov as they got older.

“I think eventually it’s just going to have to be #AdultsvsGov,’’ Baring said, laughing.

As the case drags on, sea ice that protects coastal Alaska communities from fierce storms is forming later in the year, leaving those villages vulnerable, he said. 

The young people argue that government officials have known for more than 50 years that carbon pollution from fossil fuels causes climate change and that policies promoting oil and gas deprive them of their constitutional rights.

Lawyers for President Donald Trump’s administration say the young people didn’t find any “historical basis for a fundamental right to a stable climate system or any other constitutional right related to the environment.”

The lawsuit says the young are more vulnerable to serious effects from climate change in the future. The American Academy of Pediatrics, 14 other health organizations and nearly 80 scientists and doctors agreed in a brief filed with the appeals court.

They pointed out that the World Health Organization estimates 88% of the global health burden of climate change falls on children younger than 5.

The case has become a focal point for many youth activists, and the courtroom in Portland was packed. 

If the 9th Circuit judges decide the lawsuit can move forward, it would go before the U.S. District Court in Eugene, where the case was filed. The appeals court judges will rule later.

US Court Weighs if Climate Change Violates Children’s Rights

In a courtroom packed with environmental activists, federal judges wrestled Tuesday with whether climate change violates the constitutional rights of young people who have sued the U.S. government over the use of fossil fuels.

A Justice Department attorney warned three judges from the 9th U.S. Circuit Court of Appeals that allowing the case to go to trial would be unprecedented and open the doors to more lawsuits.

“This case would have earth-shattering consequences,” Assistant Attorney General Jeffrey Clark said. 

He called the lawsuit “a direct attack on the separation of powers” and said the 21 young people who filed it want the courts to direct U.S. energy policy, instead of government officials.

The young people are pressing the government to stop promoting the use of fossil fuels, saying sources like coal and oil cause climate change and violate their Fifth Amendment rights to life, liberty and property. 

The judges seemed to feel the enormity of the case, which the plaintiffs’ lawyer compared in scope to the U.S. Supreme Court’s Brown v. Board of Education ruling that mandated desegregation of schools in the 1950s.

If the case moves forward, the judiciary would be “dealing with different branches of government and telling them what to do,” said Judge Andrew Hurwitz, instead of issuing court orders telling officials to stop doing something deemed unconstitutional.

The dire threat to people, particularly the young, demands such action, said Julia Olson, chief legal counsel for Our Children’s Trust, which is representing the plaintiffs. 

“When our great-grandchildren look back on the 21st century, they will see that government-sanctioned climate destruction was the constitutional issue of this century,” Olson told the judges.

​The lawsuit asks the courts to declare federal energy policy that contributes to climate change unconstitutional, order the government to quickly phase out carbon dioxide emissions to a certain level by 2100 and mandate a national climate recovery plan. 

The Obama and Trump administrations have tried to get the case dismissed since it was filed in Oregon in 2015.

“It’s just really disappointing to see the lengths that they go to – to not only not let us get the remedy that we’re seeking, but not even let us have the chance to prove our facts or present our case at trial,” said Nathan Baring, a 19-year-old from Fairbanks, Alaska, who joined the lawsuit when he was 15.

Baring said a social media campaign in the early days featured the hashtag #KidsvsGov, which was changed to #YouthvsGov as they got older.

“I think eventually it’s just going to have to be #AdultsvsGov,’’ Baring said, laughing.

As the case drags on, sea ice that protects coastal Alaska communities from fierce storms is forming later in the year, leaving those villages vulnerable, he said. 

The young people argue that government officials have known for more than 50 years that carbon pollution from fossil fuels causes climate change and that policies promoting oil and gas deprive them of their constitutional rights.

Lawyers for President Donald Trump’s administration say the young people didn’t find any “historical basis for a fundamental right to a stable climate system or any other constitutional right related to the environment.”

The lawsuit says the young are more vulnerable to serious effects from climate change in the future. The American Academy of Pediatrics, 14 other health organizations and nearly 80 scientists and doctors agreed in a brief filed with the appeals court.

They pointed out that the World Health Organization estimates 88% of the global health burden of climate change falls on children younger than 5.

The case has become a focal point for many youth activists, and the courtroom in Portland was packed. 

If the 9th Circuit judges decide the lawsuit can move forward, it would go before the U.S. District Court in Eugene, where the case was filed. The appeals court judges will rule later.

How Vietnam Will Avoid Currency ‘Manipulator’ Label, Save its Economy

Vietnam is likely to make concessions to the United States so it can escape a U.S. watch list of possible currency manipulators and head off a hit to its fast-growing economy led by exchange rate-sensitive exports, analysts who follow the country say.

The Southeast Asian country, they forecast, will probably talk to the U.S. side over the next six to nine months, consider approving fewer changes in its foreign exchange rate and accept more high-value American imports.

Those measures would help Vietnam get off the U.S. Treasury’s list of nine countries that Washington will examine further for whether those states are currency “manipulators.” Manipulation implies deliberate state-driven currency rate changes that favor a country’s own exporters and make trade more costly for importers. The U.S. list released in late May added Vietnam, Malaysia and Singapore.

The policy changes might place a speed bump in the economy, which has grown around 6% every year since 2012, but a “manipulator” label could lead to tariffs on Vietnamese goods shipped to the United States and choke economic expansion.

“I think they’ll definitely (take action), because they’re extremely worried about this matter, so they’ll carry out some necessary communications and make some adjustments,” said Tai Wan-ping, Southeast Asia-specialized international business professor at Cheng Shiu University in Taiwan. “If they keep going, to be on this list is disadvantageous for Vietnam.”

Exports and the local currency

Vietnam, a growing manufacturing powerhouse that reels in factory investors from around Asia for its lost costs, posted a $39.5 billion surplus in trade with the United States last year and a $13.5 billion surplus in the first quarter this year.

The same country also adjusts its dong currency exchange rate within a band but trending toward weakness versus the U.S. dollar. That trend favors exporters, a majority of the $238 billion Vietnamese economy.

“The reality is, it’s what we call in economics a dirty float currency. It’s not grossly manipulated — it basically reflects market rate for the dong,” said Adam McCarty, chief economist with Mekong Economics in Hanoi. 

“But it’s sort of controlled to stop big fluctuations, so that the change in the exchange rate month to month is rather small, but it’s always been slowly and steadily in the direction of depreciation of the Vietnamese dong,” McCarty said.

​Inflows of “hot money” into Vietnam, which could hurt exports eventually, sometimes require the country to adjust its foreign exchange rate, Tai said.

Measures to get off the list

Vietnam’s limiting of any further fluctuations would put the U.S. government more at ease, said Rajiv Biswas, Asia-Pacific chief economist at the market research firm IHS Markit.

“The U.S. Treasury did say that Vietnam should reduce its intervention in the exchange rate and let the currency move in line with economic fundamentals,” Biswas said. “If you’re not intervening in your currency, that automatically reduces the risk of being named a currency manipulator.”

But Vietnamese net purchases of foreign currency last year came to just 1.7% of GDP, below the 2% that Washington uses to define “persistent one-sided intervention in the foreign exchange market,” Hanoi-based SSI Research said in a note Monday. Governments can adjust exchange rates by buying or selling foreign currency.

Vietnam, where many of the top companies are state-invested, could reduce the trade balance by buying more “capital intensive equipment” and aerospace goods such as aircraft from the United States, Biswas said.

India left the U.S. list in May after easing a trade surplus, though China – in the thick of a trade dispute with Washington – was kept on it.

There are few other “policy levers” Vietnam can use to answer the U.S. Treasury concerns, said Gene Fang, an associate managing director with Moody’s Investors Service in Singapore.

Negotiations with Washington

Vietnam will probably remain on the U.S. list over at least the next half a year, when the document is due for an update, analysts believe. The two sides are likely to discuss the currency rate and the trade imbalance as Vietnam deliberates its response measures, they say.

Eventually the U.S. government could seek negotiations with Vietnam and place tariffs on Vietnamese exports if it sees fit, Fang said.

“I guess one of the things we could see as a result would be that the U.S. places higher tariffs on Vietnamese exports to the U.S., and that would be certainly negative from a growth perspective,” he said.

How Vietnam Will Avoid Currency ‘Manipulator’ Label, Save its Economy

Vietnam is likely to make concessions to the United States so it can escape a U.S. watch list of possible currency manipulators and head off a hit to its fast-growing economy led by exchange rate-sensitive exports, analysts who follow the country say.

The Southeast Asian country, they forecast, will probably talk to the U.S. side over the next six to nine months, consider approving fewer changes in its foreign exchange rate and accept more high-value American imports.

Those measures would help Vietnam get off the U.S. Treasury’s list of nine countries that Washington will examine further for whether those states are currency “manipulators.” Manipulation implies deliberate state-driven currency rate changes that favor a country’s own exporters and make trade more costly for importers. The U.S. list released in late May added Vietnam, Malaysia and Singapore.

The policy changes might place a speed bump in the economy, which has grown around 6% every year since 2012, but a “manipulator” label could lead to tariffs on Vietnamese goods shipped to the United States and choke economic expansion.

“I think they’ll definitely (take action), because they’re extremely worried about this matter, so they’ll carry out some necessary communications and make some adjustments,” said Tai Wan-ping, Southeast Asia-specialized international business professor at Cheng Shiu University in Taiwan. “If they keep going, to be on this list is disadvantageous for Vietnam.”

Exports and the local currency

Vietnam, a growing manufacturing powerhouse that reels in factory investors from around Asia for its lost costs, posted a $39.5 billion surplus in trade with the United States last year and a $13.5 billion surplus in the first quarter this year.

The same country also adjusts its dong currency exchange rate within a band but trending toward weakness versus the U.S. dollar. That trend favors exporters, a majority of the $238 billion Vietnamese economy.

“The reality is, it’s what we call in economics a dirty float currency. It’s not grossly manipulated — it basically reflects market rate for the dong,” said Adam McCarty, chief economist with Mekong Economics in Hanoi. 

“But it’s sort of controlled to stop big fluctuations, so that the change in the exchange rate month to month is rather small, but it’s always been slowly and steadily in the direction of depreciation of the Vietnamese dong,” McCarty said.

​Inflows of “hot money” into Vietnam, which could hurt exports eventually, sometimes require the country to adjust its foreign exchange rate, Tai said.

Measures to get off the list

Vietnam’s limiting of any further fluctuations would put the U.S. government more at ease, said Rajiv Biswas, Asia-Pacific chief economist at the market research firm IHS Markit.

“The U.S. Treasury did say that Vietnam should reduce its intervention in the exchange rate and let the currency move in line with economic fundamentals,” Biswas said. “If you’re not intervening in your currency, that automatically reduces the risk of being named a currency manipulator.”

But Vietnamese net purchases of foreign currency last year came to just 1.7% of GDP, below the 2% that Washington uses to define “persistent one-sided intervention in the foreign exchange market,” Hanoi-based SSI Research said in a note Monday. Governments can adjust exchange rates by buying or selling foreign currency.

Vietnam, where many of the top companies are state-invested, could reduce the trade balance by buying more “capital intensive equipment” and aerospace goods such as aircraft from the United States, Biswas said.

India left the U.S. list in May after easing a trade surplus, though China – in the thick of a trade dispute with Washington – was kept on it.

There are few other “policy levers” Vietnam can use to answer the U.S. Treasury concerns, said Gene Fang, an associate managing director with Moody’s Investors Service in Singapore.

Negotiations with Washington

Vietnam will probably remain on the U.S. list over at least the next half a year, when the document is due for an update, analysts believe. The two sides are likely to discuss the currency rate and the trade imbalance as Vietnam deliberates its response measures, they say.

Eventually the U.S. government could seek negotiations with Vietnam and place tariffs on Vietnamese exports if it sees fit, Fang said.

“I guess one of the things we could see as a result would be that the U.S. places higher tariffs on Vietnamese exports to the U.S., and that would be certainly negative from a growth perspective,” he said.

US Report Urges Steps to Reduce Reliance on Foreign Critical Minerals

The U.S. Commerce Department on Tuesday recommended urgent steps to boost domestic production of rare earths and other critical minerals, warning that a halt in Chinese or Russian exports could cause “significant shocks” in global supply chains.

The report includes 61 specific recommendations — including low-interest loans and “Buy American” requirements for defense companies — to boost domestic production of minerals essential for the manufacture of mobile phones and a host of other consumer goods, as well as fighter jets.

It also called for closer cooperation with allies such as Japan, Australia and the European Union, and directed reviews of government permitting processes to speed up domestic mining.

U.S. reliance on foreign minerals has worried U.S. officials since 2010, when China embargoed exports of so-called rare earth minerals to Japan during a diplomatic row. The issue took on new urgency in recent weeks after Chinese officials suggested rare earths and other critical minerals could be used as leverage in the trade war between the world’s largest economic powers.

“The United States is heavily dependent on foreign sources of critical minerals and on foreign supply chains resulting in the potential for strategic vulnerabilities to both our economy and military,” the Commerce Department said in a long-awaited report outlining a new federal strategy on critical minerals.

“If China or Russia were to stop exports to the United States and its allies for a prolonged period — similar to China’s rare earths embargo in 2010 — an extended supply disruption could cause significant shocks throughout U.S. and foreign critical mineral supply chains,” the report said.

Boosting trade with other countries could reduce U.S. reliance on sources of critical minerals that could be disrupted, and robust enforcement of U.S. trade laws and international agreements could also help address adverse impacts of market-distorting foreign trade measures, it said.

The report was cheered by U.S. miners, including MP Materials, which owns California’s Mountain Pass mine, the only current rare earths facility in the United States.

For now, it must pay a 25 percent tariff to ship its rare earths to China for processing, collateral damage in the U.S.-China trade war.

“We welcome this report and hope that the Commerce Department’s ‘Call to Action’ results in some real action from Washington,” said James Litinsky, co-chairman of MP Materials.

Recommendations

The report called for a combination of short-term measures, such as stockpiling, and longer-term moves to catalyze exploration, design and construction of new mines, as well as re-establishing domestic downstream manufacturing supply chains.

It recommended several measures for the Interior Department and its subagencies, including the Bureau of Land Management and the Forest Service, to remove obstacles to critical mineral development and make it easier to get permits.

It said the BLM and Forest Service should review all areas that are currently “withdrawn” — or protected — from development and assess whether those restrictions should be lifted or reduced to allow for critical mineral development.

Commerce also proposed altering how the Interior Department and its agencies review mining projects under the bedrock National Environmental Policy Act, urging expedited environmental studies and identifying minerals which can be excluded from environmental reviews.

The report drew immediate fire from Democrats who said the new strategy would harm the environment and amounted to fresh concessions to multinational corporations.

“This administration has set shameful new records for industry giveaways, and this is one of the worst,” said Raul Grijalva, Democratic chairman of the House of Representatives Natural Resources Committee.

The industry applauded the report, however.

“The steps outlined in this report will go a long way in unlocking the value of all our domestic mineral resources while continuing strict environmental protections,” said Hal Quinn, president of the National Mining Association.

The Buy American recommendation, which would require defense weapons and related products be built with domestically-sourced rare earths, could make it easier to secure financing if investors knew there would be a guaranteed revenue source for new projects, prospective U.S. rare earth miners said.

“I would encourage the federal government to move as quickly as possible, and ‘buy American’ is one way to do that,” said Anthony Marchese, chairman of Texas Mineral Resources Corp, which is seeking $300 million to develop the Round Top rare earth deposit in Texas.

Joe Biden Releases Climate Plan: Net Zero Emissions by 2050

Democratic presidential candidate Joe Biden is pitching a $5 trillion-plus climate proposal that he says would lead the U.S. to net zero emission of carbon pollution by 2050.

The former vice president calls for $1.7 trillion in federal spending over 10 years, with the rest of the investments coming from the private sector. Biden proposes covering the taxpayer costs by repealing the corporate tax cuts that President Donald Trump signed in 2017, while eliminating existing subsidies to the fossil fuel companies.

Biden’s plan — a mix of tax incentives, federal spending, new regulation and more aggressive foreign policy on climate issues — comes as he pushes back on rivals’ assertions that his environmental agenda isn’t bold enough. Climate activists largely praised his pitch Tuesday, although some said the Democrats’ 2020 front-runner still hasn’t gone far enough to challenge the fossil fuel industry.

His proposal calls the Green New Deal pushed by some Democrats on Capitol Hill “a crucial outline” but stops short of some of its timelines for weaning the U.S. economy off power from fossil fuels, even as he promises a “clean energy revolution” nationwide and internationally.

“I will lead America and the world, not only to confront the crisis in front us but to seize the opportunity it presents,” Biden says in a campaign video posted online, warning that failure to act threatens “the livability of our planet” and will accelerate natural disasters that are “already happening.”

Biden also joined many of his Democratic primary opponents in pledging not to accept campaign contributions from the fossil fuel industry and promising to keep the U.S. in the United Nations climate agreement signed in 2015 while he was vice president under President Barack Obama. Trump, who calls climate science a “hoax,” has pledged to withdraw from that accord.

Reaction to plan

But the release of Biden’s plan was not without controversy. The campaign was forced to amend the proposal because a handful of passages did not credit some of its sources. The Biden campaign said “several citations” had been “inadvertently left out.”

Biden’s plan is similar in size and scope to what former Texas Rep. Beto O’Rourke has proposed. Its total price tag falls short of Washington Gov. Jay Inslee’s pitch for $3 trillion in federal spending over a decade and Massachusetts Sen. Elizabeth Warren’s $2 trillion green manufacturing plan, also unveiled Tuesday.

Inslee took advantage of the contrasts, saying at a Michigan campaign stop that Biden’s “proposals really lack teeth and they lack ambition that is necessary to defeat the climate crisis.” He added, “We don’t have 30 years to get this job done. We’ve got to start acting now.”

League of Conservation Voters lobbying executive Tiernan Sittenfeld was more complimentary, applauding Biden for “committing to ambitious goals.” Greenpeace, which recently released a scorecard ranking Biden second to last among Democratic candidates, called the outline “a critical step forward,” but spokesman John Noel added that if Biden “wants to become a leader on climate, he needs to outline a plan to phase out fossil fuels.”

At the pro-Green New Deal Sunrise Movement, executive director Varshini Prakash called Biden’s plan “a good start.” Prakash also gave climate activists credit for pushing Biden to the left following their outcry after a recent news report asserted Biden was looking for a “middle ground” on climate. Biden disputed the report at the time.

As president, Biden says he’d start by reversing many actions of the Trump administration, then turn to necessary congressional action and executive branch regulation, while using U.S. political and economic muscle to limit emissions from other nations.

Lost jobs

He acknowledges that such an overhaul would affect existing U.S. energy workers — coal miners and power plant operators especially. He calls first for pension and benefit protections for all such workers and promises an “unprecedented investment” in retraining and redevelopment in those communities.

Biden recognizes the “environmental justice” movement that highlights how pollution disproportionately affects poorer, mostly nonwhite communities. He pledges a more aggressive Environmental Protection Agency, clean drinking water for all Americans and a focus on minority communities for initial rounds of federal clean energy spending.

He doesn’t offer specific spending amounts for those priorities.

Still, Biden’s dual focus on coal towns and nonwhite communities reflects political lessons from 2016 Democratic presidential nominee Hillary Clinton’s loss. Clinton drew ire in coal country when she said as part of a more sweeping statement on energy development that “we’re going to put a lot of coal miners and coal companies out of business.” 

 

Transportation, construction

Biden also envisions expanding the nation’s railways, theoretically reducing demand for car and airline travel.

Among his ideas for automobiles, Biden calls for fuel economy standards “beyond” the Obama administration’s goal of about 54 miles (87 kilometers) per gallon (3.8 liters). The Trump administration has rolled that back, saying the regulation would increase auto prices. Biden also pitches expanded tax credits for purchases of electric vehicles, along with 500,000 more public charging stations nationwide by the end of 2030.

He calls for reducing carbon output from the nation’s buildings by more than 50 percent by 2035, through new construction and tax breaks for retrofitting existing commercial and residential properties. The Energy Department would be tasked with tightening efficiency standards for household appliances and equipment.

Like O’Rourke, Biden mentions nuclear energy as a source the federal government should boost with tax incentives. That could put him at odds with some activists on the left who cast nuclear energy as too dangerous.

On the international front, Biden calls out China as the world’s biggest coal polluter and says he’d hinge all future bilateral deals with Beijing on carbon reductions. Biden also urges an international alliance that would help other nations afford low-carbon development and pitches a global moratorium on Arctic offshore drilling.

Joe Biden Releases Climate Plan: Net Zero Emissions by 2050

Democratic presidential candidate Joe Biden is pitching a $5 trillion-plus climate proposal that he says would lead the U.S. to net zero emission of carbon pollution by 2050.

The former vice president calls for $1.7 trillion in federal spending over 10 years, with the rest of the investments coming from the private sector. Biden proposes covering the taxpayer costs by repealing the corporate tax cuts that President Donald Trump signed in 2017, while eliminating existing subsidies to the fossil fuel companies.

Biden’s plan — a mix of tax incentives, federal spending, new regulation and more aggressive foreign policy on climate issues — comes as he pushes back on rivals’ assertions that his environmental agenda isn’t bold enough. Climate activists largely praised his pitch Tuesday, although some said the Democrats’ 2020 front-runner still hasn’t gone far enough to challenge the fossil fuel industry.

His proposal calls the Green New Deal pushed by some Democrats on Capitol Hill “a crucial outline” but stops short of some of its timelines for weaning the U.S. economy off power from fossil fuels, even as he promises a “clean energy revolution” nationwide and internationally.

“I will lead America and the world, not only to confront the crisis in front us but to seize the opportunity it presents,” Biden says in a campaign video posted online, warning that failure to act threatens “the livability of our planet” and will accelerate natural disasters that are “already happening.”

Biden also joined many of his Democratic primary opponents in pledging not to accept campaign contributions from the fossil fuel industry and promising to keep the U.S. in the United Nations climate agreement signed in 2015 while he was vice president under President Barack Obama. Trump, who calls climate science a “hoax,” has pledged to withdraw from that accord.

Reaction to plan

But the release of Biden’s plan was not without controversy. The campaign was forced to amend the proposal because a handful of passages did not credit some of its sources. The Biden campaign said “several citations” had been “inadvertently left out.”

Biden’s plan is similar in size and scope to what former Texas Rep. Beto O’Rourke has proposed. Its total price tag falls short of Washington Gov. Jay Inslee’s pitch for $3 trillion in federal spending over a decade and Massachusetts Sen. Elizabeth Warren’s $2 trillion green manufacturing plan, also unveiled Tuesday.

Inslee took advantage of the contrasts, saying at a Michigan campaign stop that Biden’s “proposals really lack teeth and they lack ambition that is necessary to defeat the climate crisis.” He added, “We don’t have 30 years to get this job done. We’ve got to start acting now.”

League of Conservation Voters lobbying executive Tiernan Sittenfeld was more complimentary, applauding Biden for “committing to ambitious goals.” Greenpeace, which recently released a scorecard ranking Biden second to last among Democratic candidates, called the outline “a critical step forward,” but spokesman John Noel added that if Biden “wants to become a leader on climate, he needs to outline a plan to phase out fossil fuels.”

At the pro-Green New Deal Sunrise Movement, executive director Varshini Prakash called Biden’s plan “a good start.” Prakash also gave climate activists credit for pushing Biden to the left following their outcry after a recent news report asserted Biden was looking for a “middle ground” on climate. Biden disputed the report at the time.

As president, Biden says he’d start by reversing many actions of the Trump administration, then turn to necessary congressional action and executive branch regulation, while using U.S. political and economic muscle to limit emissions from other nations.

Lost jobs

He acknowledges that such an overhaul would affect existing U.S. energy workers — coal miners and power plant operators especially. He calls first for pension and benefit protections for all such workers and promises an “unprecedented investment” in retraining and redevelopment in those communities.

Biden recognizes the “environmental justice” movement that highlights how pollution disproportionately affects poorer, mostly nonwhite communities. He pledges a more aggressive Environmental Protection Agency, clean drinking water for all Americans and a focus on minority communities for initial rounds of federal clean energy spending.

He doesn’t offer specific spending amounts for those priorities.

Still, Biden’s dual focus on coal towns and nonwhite communities reflects political lessons from 2016 Democratic presidential nominee Hillary Clinton’s loss. Clinton drew ire in coal country when she said as part of a more sweeping statement on energy development that “we’re going to put a lot of coal miners and coal companies out of business.” 

 

Transportation, construction

Biden also envisions expanding the nation’s railways, theoretically reducing demand for car and airline travel.

Among his ideas for automobiles, Biden calls for fuel economy standards “beyond” the Obama administration’s goal of about 54 miles (87 kilometers) per gallon (3.8 liters). The Trump administration has rolled that back, saying the regulation would increase auto prices. Biden also pitches expanded tax credits for purchases of electric vehicles, along with 500,000 more public charging stations nationwide by the end of 2030.

He calls for reducing carbon output from the nation’s buildings by more than 50 percent by 2035, through new construction and tax breaks for retrofitting existing commercial and residential properties. The Energy Department would be tasked with tightening efficiency standards for household appliances and equipment.

Like O’Rourke, Biden mentions nuclear energy as a source the federal government should boost with tax incentives. That could put him at odds with some activists on the left who cast nuclear energy as too dangerous.

On the international front, Biden calls out China as the world’s biggest coal polluter and says he’d hinge all future bilateral deals with Beijing on carbon reductions. Biden also urges an international alliance that would help other nations afford low-carbon development and pitches a global moratorium on Arctic offshore drilling.