Category Archives: News

Worldwide news. News is information about current events. This may be provided through many different media: word of mouth, printing, postal systems, broadcasting, electronic communication, or through the testimony of observers and witnesses to events. News is sometimes called “hard news” to differentiate it from soft media

US Trade Gap Hits $566 Billion in 2017, Highest Since 2008

The U.S. trade deficit hit the highest level in nine years in 2017, defying President Donald Trump’s efforts to bring more balance to America’s trade relationships.

 

The Commerce Department said Tuesday that the trade gap in goods and services rose to $566 billion last year, the highest level since $708.7 billion in 2008. Imports set a record $2.9 trillion, swamping exports of $2.3 trillion.

 

The U.S. ran an $810 billion deficit in the trade of goods and a $244 billion surplus in services such as banking and education.

 

The goods deficit with China hit a record $375.2 billion in 2017, and the goods gap with Mexico rose to $71.1 billion. Trump has sought to reduce the deficits with China and Mexico. His administration is weighing whether to impose trade sanctions on China for the theft of U.S. intellectual property. It is also renegotiating the North American Free Trade Agreement with Mexico and Canada.

 

The overall December trade deficit in goods and services rose to $53.1 billion, up from $50.4 billion in November and highest since October 2008.

 

Countries run trade deficits when they buy more from other countries than they sell.

 

Trump sees trade deficits as a sign of economic weakness and largely as the result of unfair competition by America’s trading partners. Most economists see them largely as the result of bigger economic forces: Americans spend more than they produce, and imports fill the gap.

 

Robots Replacing Workers is Nothing New

What does the not-so-distant future look like when an increasing number of robots enters the workforce? What types of jobs will they do and would you be replaced by a robot? VOA’s Elizabeth Lee spoke to experts in the field of robotics at the Consumer Electronics Show earlier this year for the answer.

Glasses Capture 360 Video From Wearer’s Perspective

Imagine putting on a pair of glasses and immediately being able to record 360-degree video, hands free, regardless of what you are doing. It will soon be possible with glasses made by Orbi.

“We’re making the first 360-degree video recording eyewear,” said Adil Suranchin, chief of operations at Orbi, a company headquartered in Berkeley, California, with its software team in Russia and with hardware developed in Taiwan, Japan, China and Canada.

Pair of glasses, four lenses

The glasses have a built-in camera with four lenses, two in front and two in the back. The result is 4K resolution immersive video. The glasses allow video to be recorded from the user’s perspective.

“You put them on, press the button, and you can say goodbye to all the mounts and rigs and tripods required for current action cameras.” Suranchin continued, “Every camera has a field of view of 180 degrees so it allows you to capture a complete dome view.”

The dome view means if the person wearing Orbi’s glasses isn’t looking down when recording, the video will have an area where it is just black.

Privacy concerns

Video-recording glasses also raises privacy concerns of the people being recorded.

“We have LED indicators, LED lights that light on when the recording is being done so that all surrounding people would know that the recording is happening,” Suranchin said.

The video can be shared instantly, and the files are saved on an SD card. The glasses are water-resistant, polarized and can be pre-ordered for $399 to be shipped starting August.

Nigeria’s President Signs Order to Boost Local Production, Employment

Nigeria’s President Muhammadu Buhari on Monday signed an executive order aimed at boosting the local production of goods and create jobs in the west African country.

Buhari, a 75-year-old former military ruler, has frequently spoken about ending the OPEC member’s dependence on oil exports while also creating jobs by boosting local food production.

And in 2015, months after Buhari came to power in May of that year, the central bank restricted access to foreign currency to import certain goods in a bid to stimulate local manufacturing.

The president “ordered that all ‘procuring authorities shall give preference to Nigerian companies and firms in the award of contracts, in line with the Public Procurement Act 2007,'” said the presidency in a statement circulated on Monday.

“The executive order also prohibits the ministry of interior from giving visas to foreign workers whose skills are readily available in Nigeria,” added the statement.

Around four out of every 10 people in the country’s workforce were unemployed or underemployed by the end of September, according to data released by the statistics office in December.

The order states that consideration will only be given to a foreign professional, “where it is certified by the appropriate authority that such expertise is not available in Nigeria.”

The country, which has Africa’s largest population and biggest economy, in 2016 fell into its a recession largely caused by low oil prices and militant attacks on energy facilities in the Niger Delta region.

It emerged from recession in the second quarter of 2017, largely on higher on oil prices.

Will US Intelligence Agencies Stop Confiding to Congress?

Top intelligence and law enforcement officials warn that last week’s release of a congressional memo alleging FBI surveillance abuse could have wide-ranging repercussions: Spy agencies could start sharing less information with Congress, weakening oversight. Lawmakers will try to declassify more intelligence for political gain. Confidential informants will worry about being outed on Capitol Hill.

The GOP-produced memo released last week contends that when the FBI asked a secret court for a warrant to do surveillance on a former associate in then-candidate Donald Trump’s campaign, the bureau relied too heavily on a dossier compiled by an ex-British spy whose opposition research was funded by Democrats.

Critics accuse Rep. Devin Nunes, R-Calif., of abusing his power as chairman of the House intelligence committee to do the president’s bidding and undermine the investigation into whether any Trump campaign associates colluded with Russian during the 2016 election. His office rebuts that claim, saying the real abuse of power was using unverified information bought and paid for by one political campaign to justify government surveillance of former Trump campaign foreign policy adviser Carter Page.

This is’t the first time intelligence has been politicized. Both Democrats and Republicans used the release of the so-called torture report in late 2015 outlining the CIA’s detention and interrogation program as political ammunition. In the 1960s, while intelligence agencies warned that the Vietnam War was being lost, the White House was telling the public the opposite. During the George W. Bush administration, cherry-picked intelligence about Iraqi weapons of mass destruction fueled momentum for the U.S. invasion of Iraq.

Former CIA Director Mike Hayden worries that the memo’s release will damage congressional oversight and the effectiveness of law enforcement.

“We are chiseling away at processes and institutions on which we currently depend — and on which we will depend in the future,” said Hayden, who has worked for both Democratic and Republican administrations.

Hayden, who also directed the National Security Agency, wrote an op-ed in The Cipher Brief, an online newsletter focused on intelligence issues, to urge Justice Department and intelligence professionals to speak out. He wondered, though, if they would, given Trump’s penchant for honoring loyalty.

“A senior official in justice or a senior official in intelligence needs to say, ‘We need to take a knee here. We need to take a deep breath’” Hayden said. “What we are now doing is destroying the institutions we need to keep America safe.”

Josh Campbell, a former supervisory special agent with the FBI who investigated counterterrorism, recently resigned to do just that. Partisan attacks undermine the agency and national security, according to Campbell, who said he disagrees with colleagues who advised staying mum until the current controversy passes.

“FBI agents are dogged people who do not care about the direction of political winds,” Campbell said in an editorial published Feb. 2 in The New York Times. “But to succeed in their work, they need public backing. Scorched-earth attacks from politicians with partisan goals now threaten that support, raising corrosive doubts about the integrity of the FBI that could last for generations.”

FBI director Christopher Wray and the second-ranking official at the Justice Department, Rod Rosenstein, had urged Trump to keep the memo classified and out of public view, but the president declined. Last week, Trump attacked both agencies through his Twitter account, saying their leadership and investigators had “politicized the sacred investigative process in favor of Democrats and against Republicans.”

Wray has defended the bureau and its agents throughout the memo controversy.

Rep. Will Hurd, R-Texas, who is a member of the House intelligence committee, said the memo is not a rebuke of the FBI rank-and-file or special counsel Robert Mueller.

“The memo is about a process and what kinds of information should be used in order to allow the federal government to spy on Americans,” said Hurd, a former covert CIA officer. “In my opinion, unverified information, circular reporting and rumors should not be used in an application to spy on American citizens. We should be protecting our civil liberties.”

Robert Litt, the former general counsel for the director of national intelligence, said the future relationship between intelligence agencies and their congressional overseers has been put at risk.

“The precedent that’s been set here is very dangerous’ Litt said. “You can only imagine if the Democrats get control of the House in the mid-year election; they will now be able to say look, ‘We’ve established a precedent here. You’ve released classified information, and we’re going to start doing it as well.’”

Democrats have prepared their own memo in response to the one Nunes released last week and have asked the committee to authorize its release.

Rep. Adam Schiff of California, the ranking Democrat on the House intelligence committee, said he too fears lawmakers will start seeking to disclose intelligence information in politically biased memos.

Schiff also worries that confidential sources could become more reluctant to provide information to U.S. intelligence agencies for fear that Congress could out them. Moreover, the American public could start wondering whether actions that law enforcement and intelligence agencies take to protect the country will be mischaracterized for political reasons, he said.

The contract between intelligence agencies and the House intelligence committee is broken, he warned.

“I have to think that it’s going to have a chilling effect on what they’re willing to share with us,” he said “It’s also going to be very demoralizing for people at the FBI to see them being used as a piñata for partisan reasons.”

Deal on US Immigration Reform Remains Elusive

With three days to go before U.S. government funding runs out yet again, the path to an immigration deal remained murky on Monday, with President Donald Trump rejecting core elements of a bipartisan proposal put forward in the Senate.

“Any deal on DACA that does not include STRONG border security and the desperately needed WALL is a total waste of time,” Trump tweeted, restating some of his demands for approving a path to citizenship for hundreds of thousands of young undocumented immigrants brought to America as children.

“We’re building the wall. Believe me, we’re building the wall,” the president later emphasized during a speech in Ohio. “The ones that don’t want security at the southern border or any other border are the Democrats.”

Trump spoke out as Republican Senator John McCain of Arizona and Democratic Senator Chris Coons of Delaware unveiled a proposal granting legal status to recipients of Deferred Action for Childhood Arrivals, or DACA, an Obama administration program Trump set for expiration next month.

The bipartisan bill seeks to boost border security but would mandate a study to determine the most effective means to do so — neither ruling out a border wall nor providing immediate funding for one, as Trump has demanded. Setting a goal of attaining “operational control” of U.S. borders by 2020, the proposed legislation mirrors a House bill that has dozens of co-sponsors of both political parties.

Immigrant rights groups praised the proposal for its limited scope, saying a bill that focuses on DACA and border security has a better chance of passing in Congress than comprehensive legislation addressing both legal and illegal immigration.

“Narrow gets it done. A radical and massive overhaul does not,” said Frank Sharry of Washington-based America’s Voice, which urges a swift path to citizenship for the nation’s estimated 11 million undocumented immigrants.

In his tweet, Trump noted that March 5, when DACA recipients lose protections from deportation, “is rapidly approaching.” He said Democrats “seem not to care about DACA. Make a deal!”

For their part, Democratic leaders signaled a growing resistance to key planks of the White House’s blueprint for immigration, including a reduction in legal immigration and prioritizing newcomers with advanced skills to benefit the U.S. economy.

“This is not an acceptable premise,” Senate Minority Whip Dick Durbin, an Illinois Democrat, said on CNN. “They (Trump and some Republican lawmakers) want to cut legal immigration into the United States of family members, some of whom have waited 20 years or more to join up with their families here.”

A continued impasse would put to the test a pledge by Senate Majority Leader McConnell, a Kentucky Republican. Last month, McConnell secured enough Democratic support to end a three-day partial government shutdown by promising to start a floor debate on a DACA fix if no bipartisan immigration agreement had been reached by Feb. 8, when federal spending authority expires once again.

House Committee Votes to Send Democratic Version of Memo to Trump

The House Intelligence Committee has voted to release the Democratic rebuttal to a Republican-approved memo alleging that the Federal Bureau of Investigation (FBI) abused its power in probing Russian interference in the 2016 U.S. presidential election.

The memo now goes to U.S. President Donald Trump, who will review the Democratic rebuttal to see if it exposed classified information. Trump claims the Republican memo crafted by House Intelligence chairman Devin Nunes and others “totally vindicates” him of wrongdoing in the ongoing investigation into Russian meddling in the election and whether he obstructed justice in trying to limit the probe.

In a Twitter remark early Monday, Trump assailed the top Democrat on the panel, referring to him as “Little Adam Schiff.” The California congressman has called the Republican memo a “political hit job” on the FBI.

The president said Schiff “is desperate to run for higher office.” Trump claimed Schiff “is one of the biggest liars and leakers in Washington, right up there” with former FBI director James Comey, Virginia Senator Mark Warner, former Central Intelligence Agency director John Brennan and former director of National Intelligence James Clapper —all of whom Trump has feuded with over national security issues.

“Adam leaves closed committee hearings to illegally leak confidential information. Must be stopped!” Trump claimed.

Schiff responded on Twitter, saying, “Mr. President, I see you’ve had a busy morning of ‘Executive Time.’ Instead of tweeting false smears, the American people would appreciate it if you turned off the TV and helped solve the funding crisis, protected Dreamers or … really anything else.”

Meanwhile, Trump praised Nunes, saying, “Representative Devin Nunes, a man of tremendous courage and grit, may someday be recognized as a Great American Hero for what he has exposed and what he has had to endure!”

Later, in a speech in Ohio extolling his tax cut legislation, Trump called Democrats “un-American” and “treasonous” for not applauding his State of the Union speech last week.

Republican memo

Several Republicans on Sunday disputed Trump’s contention that the Republican memo vindicated him in the investigation being conducted by special counsel Robert Mueller.

The four-page memo concluded the FBI relied excessively on opposition research funded by Democrats in a dossier compiled by a former British spy, Christopher Steele, as its sought approval from a U.S. surveillance court in October 2016 to monitor Carter Page, a Trump campaign adviser, and his links to Russia.

But the memo also noted that the FBI investigation that eventually led to Mueller’s probe started months earlier — in July 2016 — when agents began looking into contacts between another Trump adviser, George Papadopoulos, and Russian operatives. Papadopoulos, as part of Mueller’s probe, has pleaded guilty to lying to investigators about his Russian contacts and, pending his sentencing, is cooperating with Mueller’s investigation.

Congressman Trey Gowdy of South Carolina, one of the key authors of the Republican memo, told CBS’s Face the Nation the document does not undermine Mueller’s months-long investigation.

Gowdy said that “there is a Russia investigation without a [Steele] dossier” because of other Trump campaign links to Russia, including a June 2016 meeting at Trump Tower in New York set up by Trump’s eldest son, Donald Trump Jr., on the premise that a Russian lawyer would hand over incriminating evidence on Trump’s election opponent, Democrat Hillary Clinton. Gowdy said the Steele dossier “also doesn’t have anything to do with obstruction of justice.”

Another Republican on the Intelligence panel, Congressman Chris Stewart of Utah, told Fox News, “I think it would be a mistake for anyone to suggest the special counsel should not continue his work. This memo, frankly, has nothing to do at all with the special counsel.”

Opposition to memo

In a letter Sunday, Senate Democratic leader Charles Schumer pushed Trump to approve the release of the Democratic response to the Nunes memo, saying Americans should “be allowed to see both sides of the argument and make their own judgments.” 

Democratic lawmakers opposed to Friday’s release of the memo contend that the Republican-approved statement “cherry-picks” information and overstates the importance of the Steele dossier in the FBI’s effort to win approval from the Federal Intelligence Surveillance Court for the monitoring of Page’s activities.

The FBI also opposed release of the memo, saying it had “grave concerns” about its accuracy because of omissions concerning its request to the surveillance court to monitor Page. Deputy Attorney General Rod Rosenstein, who is overseeing the Mueller investigation, also opposed its release.

Nunes said last week he hoped release of the memo would “shine a light” on what he called “this alarming series of events.”

“The committee has discovered serious violations of the public trust, and the American people have a right to know when officials in crucial institutions are abusing their authority for political purposes,” Nunes said. “Our intelligence and law enforcement agencies exist to defend the American people, not to be exploited to target one group on behalf of another.”

Venezuela Announces 99.6 Percent Devaluation of Official Forex Rate

Venezuela’s central bank on Monday announced a devaluation of more than 99 percent of its official exchange rate with the launch of a new foreign exchange platform, a move critics quickly said would not create a functioning currency market.

The central bank said the first auction of its new DICOM system yielded an exchange rate of 30,987.5 bolivars per euro, equivalent to around 25,000 per dollar.

That is a devaluation of 86.6 percent with respect to the previous DICOM rate and 99.6 percent from the subsidized rate of 10 bolivars per dollar, which was eliminated last week.

Venezuela is undergoing a major crisis, with quadruple-digit inflation and shortages of food and medicine. Economists consistently describe the 15-year-old currency control system as the principal obstacle to functioning commerce and industry.

The new rate is still dwarfed by the black market rate for greenbacks, currently at 228,000 bolivars per dollar according to website DolarToday, which is used as a reference.

The existence of such disparate exchange rates has for years encouraged Venezuelans to buy dollars on the cheap and flip them on the black market for a profit. That has created shortages of hard currency, which in turn fuels shortages of imported products such as food and medicine.

The government has repeatedly created foreign exchange mechanisms similar to DICOM, but business leaders say they never provided a steady supply of hard currency.

The government would repeatedly end up shuttering the foreign exchange platforms in part because maintaining an exchange rate so divergent from the black market rate proved to be unsustainable.

“If the exchange rate is imposed arbitrarily, it will perpetuate the crisis,” wrote Alejandro Grisanti of local consultancy Ecoanalitica on Twitter.

(1 eur = 1.24 dollars)

UN: US Tax Overhaul May Drain $2 Trillion From Foreign Projects

U.S. President Donald Trump’s tax reform could bring almost $2 trillion back to the United States as U.S. firms repatriate cash piles from foreign affiliates, a U.N. report said Monday.

Ending the incentive to hoard cash overseas could produce a stimulus effect in the United States, and Trump has credited the tax reform with spurring a $350 billion investment plan by Apple.

“Now is the perfect time to bring your business, your jobs, and your investments to the United States of America,” Trump told the World Economic Forum in Davos last month.

The reform ends a system whereby companies defer tax on foreign earnings until the funds are repatriated. Instead it treats those earnings as if they were being repatriated, with an 8 percent tax on non-cash assets and a 15.5 percent tax on cash.

“This measure is widely expected to have the most significant and immediate effect on global investment patterns,” said the report by the U.N. trade and development agency UNCTAD.

Big firms had long awaited such a tax break, having last received one in the 2005 U.S. Homeland Investment Act, which brought $300 billion back from abroad, the report said.

Since then, U.S. overseas retained earnings have grown to $3.2 trillion, half of U.S.-owned foreign direct investment, with about $2 trillion in cash. Unlike in 2005, companies are not required to actually repatriate the funds.

The biggest overseas cash hoarders are in the tech sector, with Apple, Microsoft, Cisco, Alphabet and Oracle holding $530 billion, a quarter of the total, the report said. Other major cash holders are in pharmaceuticals and engineering.

Almost 40 percent of the funds are located in the United Kingdom or its Caribbean offshore territories such as the British Virgin Islands, UNCTAD said, citing data from the Bureau of Economic Analysis.

Even if the money was not invested in tangible assets, its withdrawal could still have a macroeconomic impact, said Richard Bolwijn, UNCTAD’s head of investment research.

“It’s still a part of … the external sources of finance helping to make up for savings shortfalls in developing countries,” he said.

Much of the impact depends on how other countries react, and there is still uncertainty as the details of the tax bill are clarified. In addition, there are some concerns that the U.S. reforms could violate tax treaties and trade rules, the UNCTAD report said.

US Regulators to Back More Oversight of Digital Currencies

Digital currencies such as bitcoin demand increased oversight and may require a new federal regulatory framework, the top U.S. markets regulators will tell lawmakers at a hotly anticipated congressional hearing on Tuesday.

Christopher Giancarlo, chairman of the Commodity Futures Trading Commission, and Jay Clayton, chairman of the Securities and Exchange Commission, will provide testimony to the Senate Banking Committee amid growing concerns globally over the risks virtual currencies pose to investors and the financial system.

Giancarlo and Clayton will say current state-by-state licensing rules for cryptocurrency exchanges may need to be reviewed in favor of a rationalized federal framework, according to prepared testimony published on Monday.

Reporting by Michelle Price.

Israeli Entrepreneurs Invest in Tech Startups

Five years ago, Israeli investor Jon Medved started OurCrowd, a business that lets people buy into some of the newest and most innovative tech startups in the world. Some of the most innovative new products were on display at the recent investor summit. VOA’s Kevin Enochs reports. Faith Lapidus narrates.

Fallout Deepens From Republican Memo on FBI Surveillance

Washington is witnessing a moment of extreme friction between the White House and U.S. law enforcement rivaling that of the Watergate scandal of the 1970s. VOA’s Michael Bowman reports, fallout continues from Friday’s release of a Republican House committee memo alleging bias and improper procedures at the FBI – a document President Donald Trump says vindicates him, but Justice Department officials called misleading and damaging to national security.

Claims and Counterclaims Surround Russia Probe Memo

U.S. President Donald Trump is contending that a controversial memo alleging that the FBI abused its power in probing Russian interference in the 2016 presidential election “totally vindicates” him, but that view was challenged Sunday by one of the memo’s own authors.

Trump complained in a Saturday Twitter comment that the “Russian Witch Hunt goes on and on. Their was no Collusion and there was no Obstruction (the word now used because, after one year of looking endlessly and finding NOTHING, collusion is dead). This is an American disgrace!”

But Congressman Trey Gowdy of South Carolina, one of the key authors of the Republican memo released by the House Intelligence Committee, told CBS’s “Face the Nation” on Sunday that the document does not undermine the months-long investigation by special counsel Robert Mueller into the Russian campaign meddling or whether Trump obstructed justice in trying to curb the probe.

The four-page “Nunes memo,” named after the House Intelligence panel chairman, Congressman Devin Nunes of California, concluded that the Federal Bureau of Investigation relied excessively on opposition research funded by Democrats in a dossier compiled by a former British spy, Christopher Steele, as its sought approval from a U.S. surveillance court in October 2016 to monitor Carter Page, a Trump campaign adviser, and his links to Russia.

But the memo notes that the FBI investigation that eventually led to Mueller’s probe started months earlier, in July 2016, when agents began looking into contacts between another Trump adviser, George Papadopoulos, and Russian operatives. Papadopoulos, as part of Mueller’s probe, has pleaded guilty to lying to investigators about his Russian contacts and, pending his sentencing, is cooperating with Mueller’s investigation.

Gowdy said in the television interview that “there is a Russia investigation without a [Steele] dossier” because of other Trump campaign links to Russia, including a June 2016 meeting at Trump Tower in New York set up by Trump’s eldest son, Donald Trump Jr., on the premise that a Russian lawyer would hand over incriminating evidence on Trump’s election opponent, Democrat Hillary Clinton. Gowdy said the Steele dossier “also doesn’t have anything to do with obstruction of justice.”

Another Republican on the Intelligence panel, Congressman Chris Stewart of Utah, told Fox News, “I think it would be a mistake for anyone to suggest the special counsel should not continue his work.  This memo, frankly, has nothing to do at all with the special counsel.”

Democratic lawmakers opposed to Friday’s release of the memo say that as soon as Monday they will seek the Intelligence committee’s approval to release their counter interpretation of the classified information underlying the Nunes document.  The Democrats contend that the Republican-approved statement “cherry-picks” information and overstates the importance of the Steele dossier in the FBI’s effort to win approval from the Federal Intelligence Surveillance Court for the monitoring of Page’s activities.

Democratic Congressman Jerrold Nadler of New York said the memo released by the Republicans “is a disgrace. House Republicans should be ashamed.”

Senate Democratic leader Charles Schumer, in a letter Sunday, pushed Trump to approve release of the Democratic response to the Nunes memo, saying Americans should “be allowed to see both sides of the argument and make their own judgments.” 

Ahead of Trump’s approval of release of the Republican-backed House Intelligence panel’s memo, the FBI said it had “grave concerns” about its accuracy because of omissions concerning its request to the surveillance court to monitor Page. Deputy Attorney General Rod Rosenstein, who is overseeing the Mueller investigation, also opposed its release.

Rosenstein was one of several Justice Department officials who signed off on the request to the surveillance court to monitor Page, leaving some Trump critics to voice fears that Trump would soon fire Rosenstein.

When asked Friday whether he still had confidence in Rosenstein or was likely to fire him, Trump said, “You figure that one out.”

Later, however, White House spokesman Raj Shah, said on Fox News, “Rod Rosenstein’s job is not on the line. We expect him to continue his job as deputy attorney general.”

FBI, DOJ response

​After the memo’s release, the FBI on Friday re-issued its statement saying the agency “takes seriously its obligations to the FISA Court and its compliance with procedures overseen by career professionals.”

The FBI noted it was given “limited opportunity” to review the document before lawmakers voted to release it. “As expressed during our initial review, we have grave concerns about material omissions of fact that fundamentally impact the memo’s accuracy,” the agency said.

Nunes issued a statement Friday expressing hope that the actions of Intelligence Committee Republicans would “shine a light” on what he called “this alarming series of events.”

 

“The committee has discovered serious violations of the public trust, and the American people have a right to know when officials in crucial institutions are abusing their authority for political purposes,” Nunes said. “Our intelligence and law enforcement agencies exist to defend the American people, not to be exploited to target one group on behalf of another.”

 

Attorney General Jeff Sessions weighed in on the memo’s release Friday, saying, he has “great confidence in the men and women of this Department [of Justice]. But no department is perfect.”

 

FBI Director Christopher Wray, who was appointed by Trump, told agency employees Friday that he stood with them. “I stand by our shared determination to do our work independently and by the book,” Wray said in a statement to 35,000 FBI staff.

Watch:

|

Stock Sell-off Creates Market Jitters

Recent losses on global financial markets, including those in the U.S., have some investors concerned about expectations for their holdings and plans for the future.

The Dow Jones Industrial Average declined 2.5 percent Friday, its largest percentage drop since Britain’s decision in June 2016 to leave the European Union.

The Dow and the broader U.S. Standard & Poor’s 500 Index ended the week roughly 4-percent lower, their biggest weekly drops since early 2016, amid fears of inflation and disappointing quarterly corporate earnings results.

Key stock indexes in Europe also fell Friday. Germany’s DAX index dropped 1.7-percent, while France’s CAC 40 Index declined 1.6-percent.

In Asia, Japan’s Nikkei 225 Index slid nearly 1-percent and South Korea’s Kospi fell 1.7-percent.

Meanwhile, U.S. bond yields climbed and contributed to the sell-off after the U.S. government reported that wages grew last month at their fastest pace in eight years.

The wage data helped stoke investor concern that the Federal Reserve, the U.S. central bank, will respond to higher inflation by hiking its key interest rate more quickly than anticipated.

Darrell Cronk, head of the Wells Fargo Investment Institute, said an extended period of low interest rates has helped create the uncertainty.

“We’ve enjoyed low interest rates for so long, we’re having to deal with a little bit higher rates now, so the market is trying to figure out what that could mean for inflation.”

The yield on the benchmark 10-year U.S. Treasury notes rose to 2.852-percent, its highest level in more than four years. The rise in bond yields hinders stock performance in two ways: it makes corporate borrowing more expensive and it makes bonds more attractive to investors compared to riskier stocks.

Bond strategists were unwilling Friday to predict what lies ahead for interest rates this week after the markets’ unusual volatility in the past week.

Investors may get a hint of the direction of interest rates when trading resumes in Asia early Monday, and possibly more insight after the U.S. Treasury’s $66 billion in auctions of 3-, 10- and 30-year bonds from Tuesday to Thursday.

Fixing Pollution by Fixing Your Gas Guzzler

Statistics from the Environmental Protection Agency show automobiles are responsible for at least 50 percent of emissions of harmful and planet-warming gases. But because cars are not going away, one enterprising British company is working to fix the problem where it starts. VOA’s Kevin Enochs reports.

Guest Workers Leave Behind Big Houses, Ghost Neighborhoods

Over the last decades, growing economic hardships forced people in cities and villages around the world to leave their hometowns to find work in other countries. Dreaming of returning one day and enjoying a better life where they grew up, many invested most of their savings buying houses back home. But often, these houses remain empty, making many communities look like ghost towns. Faiza Elmasry has the story. Faith Lapidus narrates.

GOP-Controlled Statehouses Test Legal Limits of Abortion

Republicans who control a majority of the nation’s statehouses are considering a wide range of abortion legislation that could test the government’s legal ability to restrict a woman’s right to terminate a pregnancy.

The Mississippi House passed a bill Friday that would make the state the only one to ban all abortions after 15 weeks of pregnancy. In Missouri, lawmakers heard testimony earlier in the week on a bill that would ban abortions after 20 weeks.

The Ohio House is expected to consider bills, already passed in the Senate, that would prohibit the most common type of procedure used to end pregnancies after 13 weeks and require that fetal remains be buried or cremated.

​Crucial question

Abortion is a perennial hot button issue in statehouses across the country. Republican-controlled states have passed hundreds of bills since 2011 restricting access to the procedure while Democratic-led states have taken steps in the other direction.

The early weeks of this year’s state legislative sessions have seen a flurry of activity around the issue. It comes as activists on both sides say they expect the U.S. Supreme Court to soon consider a question that remains unclear: How far can states go in restricting abortion in the interest of preserving and promoting fetal life?

The state bills debated since the start of the year “are all tests designed to see how far government power to legislate on behalf of a fetus can reach,” said Jessica Mason Pieklo, who has been tracking legislation as the senior legal analyst for Rewire, a website that promotes views supporting abortion rights.

She said the outcome will determine whether states can legally ban abortion after a specific time period and outlaw specific medical procedures. Advocates for abortion rights say those strategies undermine the Supreme Court’s 1973 ruling that women have the right to terminate pregnancies until a fetus is viable.

​Women speak out

In Utah, critics have warned that a pending bill to prevent doctors from performing abortions on the basis of a Down syndrome diagnosis is unconstitutional. But its co-sponsor, Republican state Sen. Curt Bramble, said he is willing to defend the bill in court because its goal is to protect unborn children.

“There are times if the Supreme Court got it wrong, it is appropriate to push back,” said Bramble, an accountant from Provo.

The anti-abortion bills have drawn opposition from women who say they have made the excruciating choice to terminate a pregnancy, often after discovering serious fetal abnormalities.

“A 20-week abortion ban sounds OK, but if that gets passed, what’s next — 18 weeks, 15 weeks? At what point does it make abortion truly illegal?” said Robin Utz of St. Louis, 38, who submitted testimony this week against the Missouri bill. “It’s terrifying and it’s willfully ignorant.”

Utz recounted terminating her pregnancy in its 21st week in November 2016, after learning her daughter would be born with a fatal kidney disease if she survived birth. She said doctors told her that dilation and evacuation, the most common abortion procedure in the second trimester, was the safest way to terminate the pregnancy.

Court challenges underway

Undeterred by such stories, the National Right to Life Committee and its allies have been pushing for state laws that ban abortion after 20 weeks of pregnancy and outlaw dilation and evacuation. Supporters of both measures argue that fetuses are capable of feeling pain after 20 weeks and call the procedure “dismemberment abortion.”

Several court challenges to both types of laws are underway, with federal appeals courts considering the “dismemberment abortion” bans approved last year in Texas and Arkansas. The Kansas Supreme Court is expected to rule soon on the first-in-the-nation ban passed in that state three years ago.

Ingrid Duran, director of state legislation at the National Right to Life Committee, said the model state laws drafted by her group are aimed at U.S. Supreme Court Justice Anthony Kennedy, a swing vote who wrote the court’s 2007 opinion upholding a federal ban on a procedure critics call partial-birth abortion.

She said the court could use similar reasoning to prohibit dilation and evacuation and noted it has never considered whether states have an interest in protecting fetuses from pain.

“We did draft these laws with the bigger picture in mind,” Duran said.

Texas ruling shifts focus

The shifted focus comes after the court dealt the anti-abortion movement a blow in 2016 by ruling that strict Texas regulations on abortion clinics and doctors were an undue burden on abortion access and unconstitutional.

Anti-abortion groups hope President Donald Trump will be able to nominate one or more justices to the Supreme Court following last year’s confirmation of Neil Gorsuch, potentially making the court more conservative on the issue for decades to come.

In the meantime, some of them are cautioning their allies not to go too far.

Duran said the proposed 15-week ban in Mississippi, which now goes to the state Senate, caught her by surprise. She noted that prior state laws banning abortion after 12 weeks or once a heartbeat was detected have been found unconstitutional.

In South Carolina this past week, state senators tabled a bill that would have banned most abortions to give lawmakers more time to study the consequences. Also last week, a legislative committee in Tennessee amended a bill to remove language that would have outlawed abortion once a fetal heartbeat is detectable, which is usually around six weeks. The bill’s sponsor, Republican Rep. Micah Van Huss, said he would be back.

“I will not stop fighting for the lives of babies until abortion is abolished in this state,” he said.

Climate Change Skeptic Out as Trump Nominee for Environmental Job

The White House late Saturday confirmed plans to withdraw the nomination of a climate change skeptic with ties to the fossil fuel industry to serve as President Donald Trump’s top environmental adviser.

 

Kathleen Hartnett White was announced last October as Trump’s choice to chair the Council on Environmental Quality. She had served under former Texas Gov. Rick Perry, now Trump’s energy secretary, for six years on a commission overseeing the state environmental agency.

 

But White’s nomination languished in the Senate, and was among a batch of nominations the Senate sent back to the White House at the end of 2017 when Congress closed up for the year. Trump resubmitted White’s nomination in January.

 

Pollution defended

White, who is not a scientist, has compared the work of mainstream climate scientists to “the dogmatic claims of ideologues and clerics.” In a contentious Senate hearing last November, she defended past statements that particulate pollution released by burning fuels is not harmful unless one were to suck on a car’s tailpipe.

Critics of White’s nomination to head the council pointed to her praise of fossil fuels as having improved living conditions around the world and helping to end slavery. She has called carbon dioxide not a pollutant but “a necessary nutrient for plant life.” 

 

During Perry’s tenure as governor of Texas, White often was critical of what she called the Obama administration’s “imperial EPA,” the Environmental Protection Agency, and she opposed stricter limits on air and water pollution.

White was a senior fellow at the Texas Public Policy Foundation, a conservative think tank that received funding from Koch Industries, ExxonMobil, Chevron and other fossil-fuels companies. White could not immediately be reached late Saturday for comment.

Nomination withdrawn

The Washington Post first reported late Saturday on plans by the White House to pull White’s nomination, citing two administration officials who had been briefed on the matter but spoke on condition of anonymity because the White House has not formally announced its decision.

 

A White House official later confirmed the Post report. The official was not authorized to discuss personnel decisions by name and spoke on condition of anonymity.

 

Trump himself has called climate change a hoax and has laid the groundwork for withdrawing the U.S. from the Paris climate accords. 

Other top Trump administration officials who question the scientific consensus that carbon released in the atmosphere from burning fossil fuels is the primary driver of global warming include Perry, EPA Administrator Scott Pruitt and Interior Secretary Ryan Zinke.

 

U.S. Senator Tom Carper, the top Democrat on the Senate Environment and Public Works Committee, said it was “abundantly clear very early on” that heading the Council on Environmental Quality wasn’t the right job for White. Carper called withdrawing White’s nomination “the right thing to do” and urged the Trump administration to nominate a “thoughtful environmental and public health champion to lead this critical office in the federal government.”

Democrat Calls Nunes Memo ‘Flawed’; Trump Says It ‘Vindicates’ Him

A controversial memo alleging FBI investigators abused their powers in the probe of Russian interference in the 2016 presidential election is “embarrassingly flawed,” the ranking Democrat on the House Judiciary Committee said Saturday.

The memo released by the House Intelligence Committee “is a disgrace,” Democratic Rep. Jerrold Nadler said in a response to the document that has obsessed the U.S. political world this week. “House Republicans should be ashamed.”

Nadler’s six-page memo, addressed to his Democratic colleagues and obtained by television news networks, said the document — known as “the Nunes memo,” produced by House Republican Devin Nunes, chairman of the Intelligence Committee — “is deliberately misleading and deeply wrong on the law.”

The memo, released to the public Friday, alleges that the FBI overstepped its authority in obtaining a surveillance warrant for an aide to Donald Trump’s presidential campaign. The Nunes memo says the FBI relied heavily on a dossier of information assembled by Christopher Steele, a Russia expert and former British spy, for the campaign of Trump rival Hillary Clinton, via the law firm Perkins Cole and the research firm Fusion GPS.

The release of the memo intensified the battle between Trump and his Republican allies in Congress on one side and Democrats and top FBI officials on the other about whether the probe into Russian interference in the presidential election was affected by political bias on the part of investigators.

In his rebuttal, Nadler said the Republicans failed to show that the FBI relied substantially or solely on the dossier in question. Further, he said, “the Nunes memo does not provide a single shred of evidence that any aspect of the Steele dossier is false or inaccurate in any way.”

New Trump tweets

Joining the furor Saturday evening, President Trump, who is spending the weekend at his Florida golf resort, tweeted quotes of an editorial that appeared a day earlier in the Wall Street Journal. It said, in part, “The four page memo released Friday reports the disturbing fact [misquote in tweet; WSJ said “reports disturbing facts”] about how the FBI and FISA [in WSJ, “Foreign Intelligence Surveillance Court” was spelled out] appear to have been used to influence the 2016 election and its aftermath.”

Trump did not quote a later paragraph in the editorial, in which the Wall Street Journal called for the release of the Democratic rebuttal to the Nunes memo.

“Democrats are howling that the memo, produced by Republican staff, is misleading and leaves out essential details,” the Journal said. “By all means let’s see that, too. President Trump should declassify it promptly.” The editorial also called for release of a referral for criminal investigation of the dossier’s author.

Earlier in the day, Trump tweeted that the disputed Republican memo “totally vindicates” him, despite a contrary view by most Democrats.

“This memo totally vindicates ‘Trump’ in probe,” the president tweeted Saturday morning. “But the Russian Witch Hunt goes on and on. Their [sic] was no Collusion and there was no Obstruction (the word now used because, after one year of looking endlessly and finding NOTHING, collusion is dead). This is an American disgrace!”

Rep. Adam Schiff, the ranking Democrat on the House Intelligence Committee, tweeted back at the president, saying, “Quite the opposite, Mr. President. The most important fact disclosed in this otherwise shoddy memo was that FBI investigation began July 2016 with your advisor, Papadopoulos, who was secretly discussing stolen Clinton emails with the Russians.”

A significant part of the document focuses on Foreign Intelligence Surveillance Act (FISA) warrants that permitted FBI surveillance of former Trump campaign foreign policy adviser Carter Page, a businessman with interests in Russia.

There had been concerns about Page’s alleged contacts with Russian intelligence agents.

The memo asserts that the dossier was an “essential part” of the FISA application on Page.

​FBI, DOJ response

After the memo’s release, the FBI on Friday re-issued its statement from earlier this week, saying the agency “takes seriously its obligations to the FISA Court and its compliance with procedures overseen by career professionals.”

The FBI noted it was given “limited opportunity” to review the document before lawmakers voted to release it.

“As expressed during our initial review, we have grave concerns about material omissions of fact that fundamentally impact the memo’s accuracy,” the agency said.

Rep. Nunes issued a statement Friday expressing hope that the actions of Intelligence Committee Republicans would “shine a light” on what he called “this alarming series of events.”

“The committee has discovered serious violations of the public trust, and the American people have a right to know when officials in crucial institutions are abusing their authority for political purposes,” Nunes said. “Our intelligence and law enforcement agencies exist to defend the American people, not to be exploited to target one group on behalf of another.”

Attorney General Jeff Sessions weighed in on the memo’s release Friday, saying, he has “great confidence in the men and women of this Department (of Justice). But no department is perfect.”

FBI Director Christopher Wray told agency employees Friday that he stood with them after the release of the memo.

“I stand by our shared determination to do our work independently and by the book,” Wray said in a statement to 35,000 FBI staff members.

Tillerson Visits Argentina to Talk Conservation, Economics

U.S. Secretary of State Rex Tillerson’s Latin American tour took him Saturday to Argentina, where he talked with officials about conservation and diplomacy.

Traveling from Mexico City after meeting with the Mexican president and other senior officials on Friday, Tillerson arrived in Bariloche, a lakeside resort town in Argentina’s Nahuel Huapi National Park.

Local news reports said Tillerson met with park rangers to discuss progress made in joint U.S.-Argentine projects on science and conservation issues. He also met with a student selected for the U.S. Fulbright scholarship program.

Tillerson was scheduled to visit the Argentine capital, Buenos Aires, to meet with his counterpart, Jorge Faurie.

On Monday, Tillerson is set to meet with Argentina President Mauricio Macri to discuss regional issues, including upcoming elections and the political crisis in Venezuela.

Before his visit, Tillerson told reporters that he hoped other countries would follow Argentina’s lead on making economic reforms and generating growth.

On Friday in Mexico, Tillerson said that immigrants bring “enormous value” to the U.S., but added the U.S. government lacked “good discipline” in regulating who enters the country to live.

‘Out of normal order’

After meeting in Mexico City with Mexican Foreign Secretary Luis Videgaray and Canadian Foreign Minister Chrystia Freeland, Tillerson told reporters the U.S. had put “many mechanisms in place” over the years to control immigration, but had “never gone back to clean this up.”

“Let’s make sure we have systems in place where we understand who’s coming into the country,” Tillerson said. He said immigration in the U.S. had “gotten out of normal order,” which is why President Donald Trump is pushing Congress to “fix these defects that have risen over the years.”

The Mexican government has repeatedly expressed opposition to Trump’s proposals to curb illegal immigration and have Mexico pay for a reinforced border wall.

Differences over the issue did not preclude Videgaray from praising the U.S. He said the Mexican government’s relationship with the Trump administration was “closer” than it was under former President Barack Obama’s administration. Videgaray acknowledged the two countries “do have some differences” but said “we are working closely and we are about results.”

Tillerson later held a closed-door meeting with Mexican President Enrique Pena Nieto during a time when relations have also been strained by U.S. threats to pull out of the North American Free Trade Agreement (NAFTA).

NAFTA, which Trump alleges costs American jobs, was discussed at the trilateral meeting, along with energy development and drug interdiction.

Tillerson’s travels through Latin America will also take him to Peru and Colombia, with a final stop in Jamaica on February 7.

Former Utah Monument Lands Open to Claims, but No Land Rush in Sight

The window opened Friday for oil, gas, uranium and coal companies to make requests or stake claims to lands that were cut from two sprawling Utah national monuments by President Trump in December, but there doesn’t appear to be a rush to seize the opportunities.

For anyone interested in the uranium on the lands stripped from the Bears Ears National Monument, all they need to do is stake a few corner posts in the ground, pay a $212 initial fee and send paperwork to the federal government under a law first created in 1872 that harkens back to the days of the Wild West.

They can then keep rights to the hard minerals, including gold and silver, as long as they pay an annual fee of $155.

It was unclear if anyone was doing that Friday.

​Inquiries, but no claims yet

The Bureau of Land Management declined repeated requests for information about how they’re handling the lands and how many requests and claims came in.

The agency says it must comply with a complex web of other laws and management plans.

Steve Bloch, legal director of the Southern Utah Wilderness Alliance, said he was told by the BLM Friday afternoon that inquiries were made but no claims sent in.

He said other conservation groups that have sued to block the downsized monument boundaries are watching closely to ensure no lands are disturbed in the short-term, hoping a judge will side with them and return the monuments to the original boundaries.

Two of the largest uranium companies in the U.S., Ur-Energy Inc. and Energy Fuels Resources Inc., said they have no plans to mine there. The price of uranium, which has fallen to about $22 per pound, down from more than $100 in the mid-2000s, would “discourage any investment in new claims,” said Luke Popovich, a spokesman for the National Mining Association.

Colorado-based Energy Fuels asked for a reduction of Bears Ears last year in a public comment, but spokesman Curtis Moore said in a statement that the company has higher priorities elsewhere. He noted the lands were open to claims for 150 years before President Barack Obama creating the national monument in 2016.

“There probably isn’t any land available for staking that would be of much interest to anyone,” Moore said.

Coal in Grand Staircase-Escalante

In Grand Staircase-Escalante National Monument, part of a major coal reserve that a company was preparing to mine before President Bill Clinton protected the lands in 1996, has been made available again but it appears unlikely any company will immediately jump at the chance this time.

Out-of-state demand for Utah’s coal had led to a drop in coal production to about 14 million tons in 2017, down from about 27 million tons in the mid-2000s, said Michael Vanden Berg, energy and mineral program manager at the Utah Geological Survey.

“If a new mine were to open, it would be competing with existing mines in Utah for limited demand,” Vanden Berg said.

Popovich called it “doubtful given market conditions and other factors” that companies interested in coal would put in a lease request.

Vanden Berg noted that a potential coal port in Oakland, California, could open up an Asian market and that technology could be developed to change market forces.

Oil and gas potential

There’s some potential for oil and gas at Grand Staircase, Vanden Berg said. But Kathleen Sgamma, president of an oil and gas industry group called Western Energy Alliance, said heavy oil shale in the area would require an intensive mining operation that doesn’t make sense in today’s market.

“There’s no fracking trucks at the border waiting to rush in,” Sgamma said.

President Trump downsized the Bears Ears National Monument by about 85 percent and Grand Staircase-Escalante National Monument by nearly half. It earned him cheers from Republican leaders in Utah who lobbied him to undo protections by Democratic presidents that they considered overly broad.

Bears Ears, created nearly a year ago, will be reduced to 315 square miles (815.85 square kilometers). Grand Staircase-Escalante will be reduced from nearly 3,000 square miles (7,770 square kilometers) to 1,569 square miles (4,063.71 square kilometers).

Conservation groups called it the largest elimination of protected land in American history.

Scientists Develop Blood Test to Detect Eight Types of Cancer

Feb. 4 is World Cancer Day, an annual opportunity to raise awareness of cancer and encourage its prevention, detection and treatment. In the area of detection, Faith Lapidus reports that researchers at the Johns Hopkins Kimmel Cancer Center in Baltimore, Maryland, are developing a blood test that screens for eight different types of cancer.

Britain Buys Into China’s ‘One Belt’ Initiative, but Washington Offers Warning

Britain has made clear its desire to be part of China’s so-called ‘One Belt One Road Initiative’ — a cornerstone of President Xi Jinping’s vision to boost Chinese investment and influence across Asia, Europe and Africa. There are, however, concerns over the financial and humanitarian costs of the vast infrastructure projects being undertaken. As Henry Ridgwell reports, the United States has issued a blunt warning over what it sees as the dangers of being tied to China’s huge investment projects.