Month: March 2019

Germany: Michael Jackson Exhibit Opens Amid Revived Abuse Allegations

An exhibition of art about Michael Jackson is opening in Germany amid fresh controversy over the singer’s alleged abuse of children.

Curator Nicholas Cullinan said Thursday the show at Bonn’s Bundeskunsthalle was conceived long before the recent broadcast of HBO documentary “Leaving Neverland,” which details Jackson’s alleged molestation of two boys.

Some radio stations in North America have since stopped playing Jackson’s music. Jackson died in 2009.

The show previously was exhibited in London.

Cullinan said it “was never celebratory. It’s about the complexity of Michael Jackson, how he means very different things to many very different people.”

Ellen Heimes, who heads a local branch of Germany’s largest child protection organization, said the show should prompt a debate about spotting and preventing child abuse.

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Germany: Michael Jackson Exhibit Opens Amid Revived Abuse Allegations

An exhibition of art about Michael Jackson is opening in Germany amid fresh controversy over the singer’s alleged abuse of children.

Curator Nicholas Cullinan said Thursday the show at Bonn’s Bundeskunsthalle was conceived long before the recent broadcast of HBO documentary “Leaving Neverland,” which details Jackson’s alleged molestation of two boys.

Some radio stations in North America have since stopped playing Jackson’s music. Jackson died in 2009.

The show previously was exhibited in London.

Cullinan said it “was never celebratory. It’s about the complexity of Michael Jackson, how he means very different things to many very different people.”

Ellen Heimes, who heads a local branch of Germany’s largest child protection organization, said the show should prompt a debate about spotting and preventing child abuse.

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EU Parliament Urged to Strip ExxonMobil Lobbyists of Access Badges

The European Parliament faced calls Thursday to strip ExxonMobil lobbyists of their access badges after the US oil giant missed the assembly’s first hearing into claims it knowingly misled the public on climate change.

Greens deputy Molly Scott Cato told the hearing in Brussels she would formally make the request later Thursday to deny ExxonMobil its six registered parliament access badges.

Activists and scientists told the hearing that ExxonMobil has for decades misled the public about the threat climate change poses to the world, comparing it the tobacco lobby’s past campaign.

Under parliamentary rules, Cato said, “lobbyists shall have their access badges denied” when they refuse without good reason to comply with a formal summons to attend a committee hearing or inquiry.

“I believe this provides us with grounds we need to withdraw Exxon’s lobby badges,” the British MEP said, adding she would write a letter to that effect later Thursday.

Her call was supported by MEP Eleonora Evi, who sits on the petition and environment committees that hosted the first EU public hearing into Exxon’s approach to climate change.

In a letter dated Wednesday, ExxonMobile said the oil company is “constrained from participating because of ongoing climate litigation in the United States.”

It said it was concerned that public commentary, including at the Brussels hearing, “could prejudice those pending proceedings,” according to a copy obtained by AFP.

Geoffrey Supran, a Harvard University researcher, told the panel that Exxon has known since 1959 that fossil fuel burning “was sufficient to melt the ice cap and submerge New York” but yet publicly cast doubt on the threat for years.

A peer-reviewed study of nearly 200 documents spanning decades and co-authored by Supran found that four-fifths of scientific studies and internal memos acknowledged global warming is real and caused by humans.

At the same time, a similar proportion of hundreds of paid editorials in major US newspapers over the same period cast deep doubt on these widely accepted facts, according to the study published last year.

“The most fundamental thing this [Brussels] hearing does is start to put the evidence on record,” Supran told AFP.

“It also adds momentum and precedent to calls for US Congress and other governments to hold similar hearings into what Exxon and the entire fossil fuel industry knew and did about climate change,” he said.

In 2017, the European Parliament decided to deny access to Monsanto executives and lobbyists after the US agro giant turned down an invitation to a hearing over claims Monsanto influenced scientific research on a weedkiller’s safety.

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EU Parliament Urged to Strip ExxonMobil Lobbyists of Access Badges

The European Parliament faced calls Thursday to strip ExxonMobil lobbyists of their access badges after the US oil giant missed the assembly’s first hearing into claims it knowingly misled the public on climate change.

Greens deputy Molly Scott Cato told the hearing in Brussels she would formally make the request later Thursday to deny ExxonMobil its six registered parliament access badges.

Activists and scientists told the hearing that ExxonMobil has for decades misled the public about the threat climate change poses to the world, comparing it the tobacco lobby’s past campaign.

Under parliamentary rules, Cato said, “lobbyists shall have their access badges denied” when they refuse without good reason to comply with a formal summons to attend a committee hearing or inquiry.

“I believe this provides us with grounds we need to withdraw Exxon’s lobby badges,” the British MEP said, adding she would write a letter to that effect later Thursday.

Her call was supported by MEP Eleonora Evi, who sits on the petition and environment committees that hosted the first EU public hearing into Exxon’s approach to climate change.

In a letter dated Wednesday, ExxonMobile said the oil company is “constrained from participating because of ongoing climate litigation in the United States.”

It said it was concerned that public commentary, including at the Brussels hearing, “could prejudice those pending proceedings,” according to a copy obtained by AFP.

Geoffrey Supran, a Harvard University researcher, told the panel that Exxon has known since 1959 that fossil fuel burning “was sufficient to melt the ice cap and submerge New York” but yet publicly cast doubt on the threat for years.

A peer-reviewed study of nearly 200 documents spanning decades and co-authored by Supran found that four-fifths of scientific studies and internal memos acknowledged global warming is real and caused by humans.

At the same time, a similar proportion of hundreds of paid editorials in major US newspapers over the same period cast deep doubt on these widely accepted facts, according to the study published last year.

“The most fundamental thing this [Brussels] hearing does is start to put the evidence on record,” Supran told AFP.

“It also adds momentum and precedent to calls for US Congress and other governments to hold similar hearings into what Exxon and the entire fossil fuel industry knew and did about climate change,” he said.

In 2017, the European Parliament decided to deny access to Monsanto executives and lobbyists after the US agro giant turned down an invitation to a hearing over claims Monsanto influenced scientific research on a weedkiller’s safety.

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Dubai Finds Itself Entangled in Case Against R. Kelly

Dubai found itself entangled in the sex abuse case against American R&B singer R. Kelly on Thursday after the performer asked a U.S. judge to allow him to come to the Arabian Peninsula sheikhdom to perform shows and “meet with the royal family.”

Officials in Dubai and the wider United Arab Emirates did not immediately respond to requests for comment from The Associated Press regarding the singer’s request, which an Illinois judge could consider at a court hearing on Friday.

However, Kelly’s request highlighted the close political and security ties between the U.S. and the UAE, a federation of seven sheikhdoms. It also comes as celebrities and even world leaders on the run have chosen Dubai as a safe haven.

Kelly was charged on Feb. 22 with 10 counts of aggravated sexual abuse for allegedly assaulting three underage girls and one adult woman, coming after the release of a documentary “Surviving R. Kelly.” He has denied ever abusing anyone.

In a court filing Wednesday, Kelly’s lawyer Steven A. Greenberg said the singer needed to raise money as “he has struggled of late to pay his child support and other child related expenses.”

“Before he was arrested Mr. Kelly had signed a contract to perform between 3-5 shows in Dubai, UAE, in April 2019,” the court filing read. “He requests permission to travel to Dubai for the shows. While there he is supposed to meet with the royal family.”

The filing does not elaborate on where Kelly is supposed to perform. There was no immediately publicized event for which Kelly was known to be a performer, nor did anyone in the entertainment industry hear about one.

However, Dubai’s luxury nightclubs often host hip hop and other artists for days at a time to perform and be seen among the millionaires of this skyscraper-studded city that is home to the world’s tallest building. Rich families also pay for celebrities at their parties.

It is also unclear what is meant by “royal family.” The UAE’s seven emirates are overseen by hereditary rulers who hold absolute power. Dubai’s ruler is Sheikh Mohammed bin Rashid Al Maktoum, 69. His 36-year-old son, Sheikh Hamdan bin Mohammed Al Maktoum, serves as Dubai’s crown prince and is next in line to be ruler.

The state-linked Abu Dhabi newspaper The National, which has written several times about the case against Kelly, reported Thursday on the singer’s request to come to Dubai, without mentioning his claim of seeing its rulers.

The R. Kelly filing comes as some in Dubai questioned the decision to host a Michael Jackson tribute show there later this month, after another documentary aired allegations the late pop star sexually abused children. Dubai Opera, which will host that event, told the AP the show would still be performed and that the venue will “have no further comment.”

Dubai, home to the world’s largest manmade archipelago the Palm Jumeriah and an indoor ski slope in its desert climes, has long drawn celebrities craving both luxury and seclusion. Will Smith is a repeated visitor. Lindsay Lohan lives off and on in the sheikhdom. David Beckham, Shah Rukh Khan and others are believed to own property in Dubai.

Yet it also has drawn world leaders seeking to escape their own countries. Pakistani Gen. Pervez Musharraf, facing criminal charges back home, fled to Dubai in 2016. Former Thai Prime Minister Yingluck Shinawatra came to Dubai to avoid a criminal conviction in 2017, following in the footsteps of her brother, the ousted former Prime Minister Thaksin Shinawatra.

The U.S. does not have an extradition treaty with the UAE. However, the U.S. stations some 5,000 troops in the country and Dubai’s Jebel Ali port is the biggest port of call for the U.S. Navy outside of America.

Kelly’s lawyer acknowledged that in his filing.

“The United States and the UAE have great relations and they (UAE) are not going to (jeopardize) that relationship to harbor R. Kelly,” the filing said.

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Dubai Finds Itself Entangled in Case Against R. Kelly

Dubai found itself entangled in the sex abuse case against American R&B singer R. Kelly on Thursday after the performer asked a U.S. judge to allow him to come to the Arabian Peninsula sheikhdom to perform shows and “meet with the royal family.”

Officials in Dubai and the wider United Arab Emirates did not immediately respond to requests for comment from The Associated Press regarding the singer’s request, which an Illinois judge could consider at a court hearing on Friday.

However, Kelly’s request highlighted the close political and security ties between the U.S. and the UAE, a federation of seven sheikhdoms. It also comes as celebrities and even world leaders on the run have chosen Dubai as a safe haven.

Kelly was charged on Feb. 22 with 10 counts of aggravated sexual abuse for allegedly assaulting three underage girls and one adult woman, coming after the release of a documentary “Surviving R. Kelly.” He has denied ever abusing anyone.

In a court filing Wednesday, Kelly’s lawyer Steven A. Greenberg said the singer needed to raise money as “he has struggled of late to pay his child support and other child related expenses.”

“Before he was arrested Mr. Kelly had signed a contract to perform between 3-5 shows in Dubai, UAE, in April 2019,” the court filing read. “He requests permission to travel to Dubai for the shows. While there he is supposed to meet with the royal family.”

The filing does not elaborate on where Kelly is supposed to perform. There was no immediately publicized event for which Kelly was known to be a performer, nor did anyone in the entertainment industry hear about one.

However, Dubai’s luxury nightclubs often host hip hop and other artists for days at a time to perform and be seen among the millionaires of this skyscraper-studded city that is home to the world’s tallest building. Rich families also pay for celebrities at their parties.

It is also unclear what is meant by “royal family.” The UAE’s seven emirates are overseen by hereditary rulers who hold absolute power. Dubai’s ruler is Sheikh Mohammed bin Rashid Al Maktoum, 69. His 36-year-old son, Sheikh Hamdan bin Mohammed Al Maktoum, serves as Dubai’s crown prince and is next in line to be ruler.

The state-linked Abu Dhabi newspaper The National, which has written several times about the case against Kelly, reported Thursday on the singer’s request to come to Dubai, without mentioning his claim of seeing its rulers.

The R. Kelly filing comes as some in Dubai questioned the decision to host a Michael Jackson tribute show there later this month, after another documentary aired allegations the late pop star sexually abused children. Dubai Opera, which will host that event, told the AP the show would still be performed and that the venue will “have no further comment.”

Dubai, home to the world’s largest manmade archipelago the Palm Jumeriah and an indoor ski slope in its desert climes, has long drawn celebrities craving both luxury and seclusion. Will Smith is a repeated visitor. Lindsay Lohan lives off and on in the sheikhdom. David Beckham, Shah Rukh Khan and others are believed to own property in Dubai.

Yet it also has drawn world leaders seeking to escape their own countries. Pakistani Gen. Pervez Musharraf, facing criminal charges back home, fled to Dubai in 2016. Former Thai Prime Minister Yingluck Shinawatra came to Dubai to avoid a criminal conviction in 2017, following in the footsteps of her brother, the ousted former Prime Minister Thaksin Shinawatra.

The U.S. does not have an extradition treaty with the UAE. However, the U.S. stations some 5,000 troops in the country and Dubai’s Jebel Ali port is the biggest port of call for the U.S. Navy outside of America.

Kelly’s lawyer acknowledged that in his filing.

“The United States and the UAE have great relations and they (UAE) are not going to (jeopardize) that relationship to harbor R. Kelly,” the filing said.

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US Negotiators to Visit China Next Week for New Round of Trade Talks

China says a high-ranking U.S. delegation will travel to Beijing next week to resume negotiations aimed at resolving the ongoing trade war between the world’s two leading economies.

Commerce Ministry spokesman Gao Feng announced Thursday that U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will visit the Chinese capital next Thursday and Friday, March 28 & 29, followed by a trip to Washington in early April by Chinese Vice Premier Liu He.

The trade war between the United States and China began last year when President Donald Trump imposed punitive tariffs on $250 billion worth of Chinese imports to compel Beijing to change its trading practices.

China has retaliated with its own tariff increases on $110 billion of U.S. exports. The Trump administration is also pushing China to end its practice of forcing U.S. companies to transfer their technology advances to Chinese firms.

Trump had initially imposed a deadline of March 2 for both sides to reach a deal before imposing a hike in tariffs from 10 to 25 percent, but delayed the increase late last month citing “substantial progress” in the negotiations. But Chinese President Xi Jinping has reportedly cancelled tentative plans to visit Trump’s Mar-a-Lago estate in Florida next month to sign a final deal, a sign that the talks have stalled.

Trump issued a warning Wednesday that U.S. tariffs could remain in place for a “substantial period” to ensure that Beijing lives up to any agreement.

 

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US Negotiators to Visit China Next Week for New Round of Trade Talks

China says a high-ranking U.S. delegation will travel to Beijing next week to resume negotiations aimed at resolving the ongoing trade war between the world’s two leading economies.

Commerce Ministry spokesman Gao Feng announced Thursday that U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will visit the Chinese capital next Thursday and Friday, March 28 & 29, followed by a trip to Washington in early April by Chinese Vice Premier Liu He.

The trade war between the United States and China began last year when President Donald Trump imposed punitive tariffs on $250 billion worth of Chinese imports to compel Beijing to change its trading practices.

China has retaliated with its own tariff increases on $110 billion of U.S. exports. The Trump administration is also pushing China to end its practice of forcing U.S. companies to transfer their technology advances to Chinese firms.

Trump had initially imposed a deadline of March 2 for both sides to reach a deal before imposing a hike in tariffs from 10 to 25 percent, but delayed the increase late last month citing “substantial progress” in the negotiations. But Chinese President Xi Jinping has reportedly cancelled tentative plans to visit Trump’s Mar-a-Lago estate in Florida next month to sign a final deal, a sign that the talks have stalled.

Trump issued a warning Wednesday that U.S. tariffs could remain in place for a “substantial period” to ensure that Beijing lives up to any agreement.

 

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World Water Day 2019: Leaving No One Behind

March 22 is the annual observance of World Water Day. This year’s theme is “No One Left Behind.” But according to a report from UNICEF and the World Health Organization, nearly a billion people today live without access to clean drinking water. Arash Arabasadi reports.

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World Water Day 2019: Leaving No One Behind

March 22 is the annual observance of World Water Day. This year’s theme is “No One Left Behind.” But according to a report from UNICEF and the World Health Organization, nearly a billion people today live without access to clean drinking water. Arash Arabasadi reports.

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US Meteorologists Retire Hurricane Names Florence, Michael

Hurricanes Florence and Michael, which caused widespread death and destruction in the United States last year, have earned the dubious distinction of having their names retired. 

The National Oceanic and Atmospheric Administration said Wednesday that the two names will be replaced with Francine and Milton, starting with the 2024 hurricane season. 

The United Nations’ World Meteorological Organization maintains six lists with 21 names each that are organized alphabetically and alternate between male and female names. 

Each list is used once every six years. The current group goes from 2018 to 2023, with the cycle restarting in 2024. 

Names are retired when meteorologists determine that a hurricane has been so destructive that reusing its name would be insensitive.

The first hurricane name to be retired was Carol, in 1954. So far, 88 names have been dropped from the list. 

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US Meteorologists Retire Hurricane Names Florence, Michael

Hurricanes Florence and Michael, which caused widespread death and destruction in the United States last year, have earned the dubious distinction of having their names retired. 

The National Oceanic and Atmospheric Administration said Wednesday that the two names will be replaced with Francine and Milton, starting with the 2024 hurricane season. 

The United Nations’ World Meteorological Organization maintains six lists with 21 names each that are organized alphabetically and alternate between male and female names. 

Each list is used once every six years. The current group goes from 2018 to 2023, with the cycle restarting in 2024. 

Names are retired when meteorologists determine that a hurricane has been so destructive that reusing its name would be insensitive.

The first hurricane name to be retired was Carol, in 1954. So far, 88 names have been dropped from the list. 

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Harvard Sued for Profiting From Images of Enslaved Ancestors

An American woman has filed a lawsuit against Harvard University, accusing the prestigious institution of “shamelessly” profiting from photos of her ancestors who were slaves in the 19th century.

Tamara Lanier of Norwich, Connecticut, is suing the Ivy League school for “wrongful seizure, possession and expropriation” of images of her great-great-great grandfather, Renty, and his daughter, Delia.

She wants Harvard to hand the images over to her family and pay an unspecified amount in damages. 

Early type of photography used

The lawsuit says the 1850 daguerreotypes, an early type of photograph, were commissioned by Harvard biologist Louis Agassiz who was seeking racially “pure” slaves born in Africa.

The father and daughter were stripped and photographed from various angles in an effort to “prove” Agassiz’s theory that black people are inferior and to “justify their subjugation, exploitation and segregation.”

“To Agassiz, Renty and Delia were nothing more than research specimens,” the suit says. “The violence of compelling them to participate in a degrading exercise designed to prove their own subhuman status would not have occurred to him, let alone mattered.”

The suit says Harvard has over the years exploited the images, including using an image of Renty to promote a 2017 conference called “Universities and Slavery: Bound by History,” which explored the relationships between universities and slavery, and as a cover of a book that explores the use of photography in anthropology. 

History shared by mother

Lanier said as a child she heard stories about Renty from her mother who made sure to pass down family history.  She alleges that in 2011 she wrote to then-Harvard president Drew Faust, detailing her ties to Renty.

At the time, she wanted to learn more about the images and how they would be used. In another letter sent in 2017, she demanded that Harvard relinquish the photos. In both cases, she said, Harvard did not address her requests.

The suit charges that “by contesting Lanier’s claim of lineage, Harvard is shamelessly capitalizing on the intentional damage done to black Americans’ genealogy by a century’s worth of policies that forcibly separated families, erased slaves’ family names, withheld birth and death records, and criminalized literacy.”

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Harvard Sued for Profiting From Images of Enslaved Ancestors

An American woman has filed a lawsuit against Harvard University, accusing the prestigious institution of “shamelessly” profiting from photos of her ancestors who were slaves in the 19th century.

Tamara Lanier of Norwich, Connecticut, is suing the Ivy League school for “wrongful seizure, possession and expropriation” of images of her great-great-great grandfather, Renty, and his daughter, Delia.

She wants Harvard to hand the images over to her family and pay an unspecified amount in damages. 

Early type of photography used

The lawsuit says the 1850 daguerreotypes, an early type of photograph, were commissioned by Harvard biologist Louis Agassiz who was seeking racially “pure” slaves born in Africa.

The father and daughter were stripped and photographed from various angles in an effort to “prove” Agassiz’s theory that black people are inferior and to “justify their subjugation, exploitation and segregation.”

“To Agassiz, Renty and Delia were nothing more than research specimens,” the suit says. “The violence of compelling them to participate in a degrading exercise designed to prove their own subhuman status would not have occurred to him, let alone mattered.”

The suit says Harvard has over the years exploited the images, including using an image of Renty to promote a 2017 conference called “Universities and Slavery: Bound by History,” which explored the relationships between universities and slavery, and as a cover of a book that explores the use of photography in anthropology. 

History shared by mother

Lanier said as a child she heard stories about Renty from her mother who made sure to pass down family history.  She alleges that in 2011 she wrote to then-Harvard president Drew Faust, detailing her ties to Renty.

At the time, she wanted to learn more about the images and how they would be used. In another letter sent in 2017, she demanded that Harvard relinquish the photos. In both cases, she said, Harvard did not address her requests.

The suit charges that “by contesting Lanier’s claim of lineage, Harvard is shamelessly capitalizing on the intentional damage done to black Americans’ genealogy by a century’s worth of policies that forcibly separated families, erased slaves’ family names, withheld birth and death records, and criminalized literacy.”

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Federal Reserve Foresees No Interest Rate Hikes in 2019

The Federal Reserve left its key interest rate unchanged Wednesday and projected no rate hikes in 2019, dramatically underscoring its plan to be “patient” about any further increases.

The Fed said it was keeping its benchmark rate — which can influence everything from mortgages to credit cards to home equity lines of credit — in a range of 2.25 percent to 2.5 percent. It also announced that it will stop shrinking its bond portfolio in September, a step that should help hold down long-term rates. It will begin slowing the runoff from its bond portfolio in May.

Combined, the moves signal no major increases in borrowing rates for consumers and businesses. And together with the Fed’s dimmer forecast for economic growth this year — 2.1 percent, down from a previous projection of 2.3 percent — the statement it issued Wednesday after its latest policy meeting suggests that it’s grown more concerned about the economy.

With the prospect of no rate hikes ahead anytime soon, the stock market reversed losses it had suffered before the Fed issued its statement and was up modestly soon after.

The Fed’s decision was approved on an 11-0 vote.

Economic activity slows

Some Fed watchers say they think the next rate move could be a cut later this year if the economy slows as much as some fear it might.

In signaling no rate increases at all this year, the Fed’s policymakers reduced their forecast from two that were previously predicted in December. They now project one rate hike in 2020 and none in 2021. The Fed had raised rates four times last year and a total of nine times since December 2015.

The Fed’s pause in credit tightening is a response, in part, to slowdowns in the U.S. and global economies. It says that while the job market remains strong, “growth of economic activity has slowed from its solid rate in the fourth quarter.”

The Fed laid out a plan for stemming the reduction of its balance sheet: In May, it will slow its monthly reductions in Treasurys from $30 billion to $15 billion and end the runoff altogether in September. Starting in October, the Fed will shift its runoff of mortgage bonds into Treasurys so its overall balance sheet won’t drop further.

Change in direction

The central bank’s new embrace of patience and flexibility reflects its calming response since the start of the year to slow growth at home and abroad, a nervous stock market and persistently mild inflation. The Fed executed an abrupt pivot when it met in January by signaling that it no longer expected to raise rates anytime soon. 

The shift toward a more hands-off Fed and away from a policy of steadily tightening credit has encouraged the view that the central bank is done raising rates for now and might even act this year to support rather than restrain the economy. Though the U.S. economy is on firm footing, it faces risks from slowing growth and trade conflicts. 

All of which suggests that the Fed may recognize that it went too far after it met in December. At that meeting, the Fed approved a fourth rate hike for 2018 and projected two additional rate increases in 2019. Chairman Jerome Powell also said he thought the balance sheet reduction would be on “automatic pilot.” 

That message spooked investors, who worried about the prospect of steadily higher borrowing rates for consumers and businesses and perhaps a further economic slowdown. The stock market had begun falling in early October and then accelerated after the Fed’s December meeting.

Trump weighs in

President Donald Trump, injecting himself not for the first time into the Fed’s ostensibly independent deliberations, made clear he wasn’t happy, calling the December rate hike wrong-headed. Reports emerged that Trump was even contemplating trying to fire Powell, who had been his hand-picked choice to lead the Fed. 

But after the December turmoil, the Fed in January began sending a more comforting message. At an economic conference soon after New Year’s, Powell stressed that the Fed would be “flexible” and “patient” in raising rates — a word he and other policymakers have invoked repeatedly since — and “wouldn’t hesitate” to change course if necessary. 

Powell, appearing last week on CBS’s “60 Minutes,” denied that pressure from Trump had influenced the Fed’s policy shift. Private economists generally agree that a slowing economy and a sinking stock market, which eased Fed worries about any possible stock bubble, were more decisive factors. 

Stocks have rallied

After sharply falling in December, stocks have rallied and recouped most of their late-year losses in trading since the start of 2019, a rebound credited larger to the Fed’s easier monetary stance. 

Some analysts say they think the Fed won’t raise rates at all this year if the outlook becomes as dim as they are forecasting. 

That view is supported by the CME Group, which tracks trading in futures contracts on the Fed’s benchmark rate. It says traders now put the probability of any Fed rate hike this year at just 1 percent and project a roughly one-in-four chance that the Fed will actually cut rates by year’s end to help prevent a slowing economy from toppling into a recession.

 

 

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Labrador Retriever Most Pup-ular US Dog Breed for 28th Year

Labrador retrievers aren’t letting go of their hold on U.S. dog lovers, but German shorthaired pointers are tugging on the top ranks of doggy popularity, according to new American Kennel Club data.

Labs topped the list for the 28th year in a row. Yet there’s been plenty of movement over time on the purebred pup-ularity ladder. 

Here’s a look at the 2018 rankings being released Wednesday. 

Top top 10

After Labs, the top five breeds nationwide are German shepherds, golden retrievers, French bulldogs and bulldogs. Rounding out the top 10 are beagles, poodles, Rottweilers, German shorthaired pointers and Yorkshire terriers.

Labs smashed the record for longest tenure as top dog back in 2013. Fans credit the Lab’s generally amiable nature and aptitude in many canine roles: bomb-sniffer, service dog, hunters’ helper, dog-sport competitor and patient family pet. 

At No. 9, the German shorthaired pointer notched its highest ranking since getting AKC recognition in 1930. These strikingly speckled hunting dogs are also versatile — some work as drug — and bomb-detectors — and active companions. 

“I think people are learning about how fun the breed is,” says AKC spokeswoman Brandi Hunter. 

The suddenly ubiquitous French bulldog remains the fourth most popular breed for a second year, after surging from 83rd a quarter-century ago.

The numbers

The rankings reflect a breed’s prevalence among the 580,900 puppies and other purebred dogs newly registered in 2018 with the AKC, the country’s oldest such registry.  Some 88,175 of these dogs were Labs. 

AKC says registrations, which are voluntary, have been growing for six years.

Estimates of the total number of pet dogs nationwide range from about 70 million to 90 million.

The consistent fave

Beagles, now No. 6, can boast they’re uniquely beloved. No other breed has made the top 10 in every decade since record-keeping began in the 1880s. 

Why? “They’re a good general family dog,” lively, friendly, relatively low-maintenance and comfortable with children, says breeder Kevin Shupenia of Dacula, Georgia. Beagles also work sniffing out contraband meat and plants at airports, detecting bedbugs in homes and doing their traditional job: hunting rabbits. 

“They have a sense of humor, and they’re just characters,” Shupenia says. 

The rarest of them all

The most scant breed was the sloughi (pronounced SLOO’-ghee). The greyhound-like dog has a long history in North Africa but garnered AKC recognition only three years ago. It replaces the Norwegian lundehund in the rarest-breed spot. 

How did doodles do?

Wonder where goldendoodles, puggles, or cockapoos stand? You won’t find these and other popular “designer dogs” among the 193 breeds recognized and ranked by the AKC.

That’s not to say they never will be, if their fanciers so desire. New breeds join the club periodically, after meeting criteria that include having at least 300 dogs nationwide and three generations. 

Meanwhile, designer and just plain mixed-breed dogs can sign up with AKC to compete in such sports as agility, dock diving and obedience. 

The whys, pros and cons of popularity

Many factors can influence a breed’s popularity: ease of care, exposure from TV and movies, and famous owners, to name a few. 

Popularity spurts can expand knowledge about a breed, but many people in dogdom rue slipshod breeding by people trying to cash in on sudden cachet. 

Elaine Albert, a longtime chow chow owner and sometime breeder, is glad the ancient Chinese dog is now 75th in the rankings, after leaping into the top 10 in the 1980s. Albert recalls that she and other chow rescue volunteers were swamped as people gave up dogs with temperament and health problems, which she attributes to careless breeding.

“I certainly wouldn’t want (chows) to be number one, ever,” says Albert, of Hauppauge, New York. “They belong where they are…. They’re not for everybody.”

On the other hand, aficionados of rare breeds sometimes worry about sustaining them.  

The purebred debate 

Some animal-welfare groups feel the pursuit of purebred dogs puts their looks ahead of their health and diverts people from adopting pets. Critics also say the AKC needs to do more to thwart puppy mills.

The club says it encourages responsible breeding of healthy dogs, not as a beauty contest but to preserve traits that have helped dogs do particular jobs. 

 

 

                

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Labrador Retriever Most Pup-ular US Dog Breed for 28th Year

Labrador retrievers aren’t letting go of their hold on U.S. dog lovers, but German shorthaired pointers are tugging on the top ranks of doggy popularity, according to new American Kennel Club data.

Labs topped the list for the 28th year in a row. Yet there’s been plenty of movement over time on the purebred pup-ularity ladder. 

Here’s a look at the 2018 rankings being released Wednesday. 

Top top 10

After Labs, the top five breeds nationwide are German shepherds, golden retrievers, French bulldogs and bulldogs. Rounding out the top 10 are beagles, poodles, Rottweilers, German shorthaired pointers and Yorkshire terriers.

Labs smashed the record for longest tenure as top dog back in 2013. Fans credit the Lab’s generally amiable nature and aptitude in many canine roles: bomb-sniffer, service dog, hunters’ helper, dog-sport competitor and patient family pet. 

At No. 9, the German shorthaired pointer notched its highest ranking since getting AKC recognition in 1930. These strikingly speckled hunting dogs are also versatile — some work as drug — and bomb-detectors — and active companions. 

“I think people are learning about how fun the breed is,” says AKC spokeswoman Brandi Hunter. 

The suddenly ubiquitous French bulldog remains the fourth most popular breed for a second year, after surging from 83rd a quarter-century ago.

The numbers

The rankings reflect a breed’s prevalence among the 580,900 puppies and other purebred dogs newly registered in 2018 with the AKC, the country’s oldest such registry.  Some 88,175 of these dogs were Labs. 

AKC says registrations, which are voluntary, have been growing for six years.

Estimates of the total number of pet dogs nationwide range from about 70 million to 90 million.

The consistent fave

Beagles, now No. 6, can boast they’re uniquely beloved. No other breed has made the top 10 in every decade since record-keeping began in the 1880s. 

Why? “They’re a good general family dog,” lively, friendly, relatively low-maintenance and comfortable with children, says breeder Kevin Shupenia of Dacula, Georgia. Beagles also work sniffing out contraband meat and plants at airports, detecting bedbugs in homes and doing their traditional job: hunting rabbits. 

“They have a sense of humor, and they’re just characters,” Shupenia says. 

The rarest of them all

The most scant breed was the sloughi (pronounced SLOO’-ghee). The greyhound-like dog has a long history in North Africa but garnered AKC recognition only three years ago. It replaces the Norwegian lundehund in the rarest-breed spot. 

How did doodles do?

Wonder where goldendoodles, puggles, or cockapoos stand? You won’t find these and other popular “designer dogs” among the 193 breeds recognized and ranked by the AKC.

That’s not to say they never will be, if their fanciers so desire. New breeds join the club periodically, after meeting criteria that include having at least 300 dogs nationwide and three generations. 

Meanwhile, designer and just plain mixed-breed dogs can sign up with AKC to compete in such sports as agility, dock diving and obedience. 

The whys, pros and cons of popularity

Many factors can influence a breed’s popularity: ease of care, exposure from TV and movies, and famous owners, to name a few. 

Popularity spurts can expand knowledge about a breed, but many people in dogdom rue slipshod breeding by people trying to cash in on sudden cachet. 

Elaine Albert, a longtime chow chow owner and sometime breeder, is glad the ancient Chinese dog is now 75th in the rankings, after leaping into the top 10 in the 1980s. Albert recalls that she and other chow rescue volunteers were swamped as people gave up dogs with temperament and health problems, which she attributes to careless breeding.

“I certainly wouldn’t want (chows) to be number one, ever,” says Albert, of Hauppauge, New York. “They belong where they are…. They’re not for everybody.”

On the other hand, aficionados of rare breeds sometimes worry about sustaining them.  

The purebred debate 

Some animal-welfare groups feel the pursuit of purebred dogs puts their looks ahead of their health and diverts people from adopting pets. Critics also say the AKC needs to do more to thwart puppy mills.

The club says it encourages responsible breeding of healthy dogs, not as a beauty contest but to preserve traits that have helped dogs do particular jobs. 

 

 

                

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Even With Trade Deal, US Tariffs on China Could Remain

U.S. tariffs on China are likely to remain in place for a while, even if a trade deal is reached, President Donald Trump told reporters Wednesday. 

 

“The deal is coming along nicely,” the president said about the trade talks with Beijing, noting U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin would be heading to China within days to continue discussions.  

  

“We’re taking in billions and billions of dollars right now in tariff money, and for a period of time that will stay,” Trump said.

The president’s remarks indicated that Washington’s tariffs could stay in place until U.S. officials are convinced the Chinese are adhering to the terms of the agreement. 

 

“They’ve had a lot of problems living by certain deals,” the president noted on the White House South Lawn just before boarding the Marine One helicopter.   

China might accept a deal in which most of the U.S. tariffs are rolled back, according to Brookings Institution senior fellow David Dollar, but he said he expected President Xi Jinping would not accept any pact in which no tariffs were lifted. 

 

“It’s very hard for the Chinese president to agree to a deal that’s so clearly asymmetric. Chinese people are so active on the internet and social media, and President Xi will hear about it from the people if he makes a deal that looks bad for China,” Dollar told VOA.  

  

Tit-for-tat tariffs imposed last year ignited fears of a trade war between the United States and China, the world’s two largest economies, which annually trade more than a half-trillion dollars’ worth of goods.  

 

The value of Chinese products sold in the United States far outweighs the value of those sent to China, and that deficit alone represents about 80 percent of America’s overall trade gap in goods. 

A pillar of the Trump presidency has been reducing that huge gap by negotiating bilateral trade deals and rebuilding the U.S. manufacturing base.

Trump traveled Wednesday to an area in Ohio where General Motors is set to shutter a car assembly plant, affecting about 1,500 jobs and undercutting the president’s manufacturing revival message.  

 

“What’s going on with General Motors?” Trump asked during a speech. “Get that plant open or sell it to somebody and they’ll open it. Everybody wants it.”  

 

“Intervening to try to keep one factory open isn’t going to do much for the economy” at a time when manufacturing is declining as a share of the overall job market, said Dollar, of the Brookings Institution. “It’s a bad precedent for politicians to intervene like that.”  

 

A resident scholar at the American Enterprise Institute, Claude Barfield, agrees presidents should not intervene in individual corporate decisions.  

 

“The president is woefully ignorant about trade and this part of the economy. He thinks it does help. I don’t think it does at all help,” Barfield, a former consultant to the office of the U.S. trade representative, told VOA.  

The closure of the GM plant in Lordstown, according to a Cleveland State University study, will result in a total loss of 7,700 jobs in the region, including supply chain and consumer services employment tied to the auto plant, cutting 10 percent of the gross regional product in the greater Youngstown area. 

 

Trump, in his remarks on Wednesday, placed some of the blame on the United Auto Workers, the union representing the GM workers.  

 

“Your union leaders aren’t on our side,” Trump declared. “They could have kept General Motors” operating the Lordstown plant.  

Trump spoke at a facility in Lima that makes the M1 Abrams tank for the U.S. Army, about 300 kilometers from the idled auto factory.  

 

“You better love me. I kept this place open,” Trump told workers at the General Dynamics facility, which was nearly closed six years ago after Army officials told Congress they did not need the additional tanks.  

Ohio, which Trump won in the 2016 election by 8 percentage points, again will be a key battleground state in next year’s presidential election. 

 

Polls in the Buckeye State, where the president relies on a strong base of working-class voters, show his approval rating slipping. 

 

Trade and tariffs are “not even the core issue about retaining the manufacturing jobs in this region,” University of Akron associate professor Mahesh Srinivasan, who is director of the school’s Institute of Global Business, told VOA. 

 

Srinivasan said the focus by the Trump administration should not be so much on trade agreements as on “the inevitable march of automation and technology that has displaced workers from traditional jobs. The need of the hour is doubling down with even more emphasis on worker training and education to prepare the workforce for tomorrow’s jobs.”  

 

Tariffs on imported automobiles — as are being contemplated by the White House — “would be counterproductive, like we have seen with steel tariffs,” said Srinivasan, who was part of former President Barack Obama’s Advanced Manufacturing Partnership task force. “It could attract retaliatory tariffs that will negatively impact numerous automobile manufacturers in Ohio and other Midwestern states, which today are supplying to automobile manufacturers globally.”  

  

Some trade analysts agree that Trump’s metals tariffs on Canada and Mexico have hurt American manufacturing, including making U.S. auto plants less competitive.  

 

Patsy Widakuswara and Elizabeth Cherneff contributed to this report. 

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WHO: New Oral Treatment More Effective in Combating Multidrug-Resistant TB

Tuberculosis has plagued humans for thousands of years and continues to do so. In advance of this year’s World TB Day, March 24, the World Health Organization is issuing a call to action to eradicate the disease by 2030.  

As part of these efforts, the WHO is launching an oral drug regimen it says can more effectively treat people with multi-drug resistant tuberculosis.  

TB remains the world’s deadliest infectious disease, killing nearly 4,500 people a day and infecting 10 million people a year.

 

Despite the grim statistics, much progress has been made in the diagnosis, prevention and treatment of the disease.  The WHO says 54 million lives have been saved since 2000.  But the WHO also warns the gains risk being lost with the emergence of multidrug-resistant TB or MDR-TB.

 

The current treatment for MDR-TB involves a two-year treatment course of painful injections, which provoke many bad side effects.  

 

The WHO says it is hopeful the new oral treatment program it is launching will be more effective in controlling the spread of the particularly virulent form of tuberculosis.  

 

The director of the WHO’s Global TB Program, Tereza Kasaeva, told VOA the new oral drug treatment the WHO is recommending has far fewer adverse side effects.

 

“Of course, it will be definitely much, much easier and there will not be a need for regular frequent visits of the physicians or health workers for making these injections.  No doubt, as we see from the data, the effectiveness, the treatment success will be definitely much, much higher,” Kasaeva said.

 

The South African government has announced it plans to adopt the injection-free treatment.  Kasaeva said the cost of the oral treatment is around $2,000, which is largely unaffordable for low-income countries.   

 

She said South Africa is engaging in talks with pharmaceutical companies to drop the price to $400.

The WHO says South Africa is one of the 20 countries most affected by MDR-TB.  Others include Russia, China, India, Nigeria, Pakistan and Vietnam.

 

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BMW Warns Profits Will Fall Due to Costs, Trade Uncertainty

German automaker BMW said Wednesday that profits in 2019 would be “well below” last year’s and that it planned to cut 12 billion euros ($13.6 billion) in costs by the end of 2022 to offset spending on new technology.

The company said profits would be eroded by higher raw materials prices, the costs of compliance with tougher emissions requirements and unfavorable shifts in currency exchange rates.

The Munich-based automaker also faces increased uncertainty due to international trade conflicts that could lead to higher tariffs.

The company forecast a profit margin of 6 to 8 percent for its automotive business, short of the long-term strategic target of 8 to 10 percent, which it said still “remains the ambition” for the company given “a stable business environment.”

BMW said it had no plans for layoffs even as it outlined cost saving measures that include dropping half of its engine variants as it seeks to reduce product complexity. The BMW, MINI and Rolls-Royce brands are to get a single sales division.

Chief Financial Officer Nicolas Peter said that given the headwinds to earnings, “we began to introduce countermeasures at an early stage and have taken a number of far-reaching decisions.”

The company said the measures were needed “to offset the ongoing high level of upfront expenditure required to embrace the mobility of the future.”

BMW shares were down 4.9 percent to 72.02 euros in Frankfurt.

Automakers around the world have faced heavy up-front costs for new technologies expected to change how people get from one place to another in the next decade. Those include electric cars and renting cars through smartphone apps. Yet the returns from such investments remain uncertain and auto companies face competition from tech firms such as Uber and Waymo.

BMW made 7.2 billion euros ($8.2 billion) in net profit last year, down 17 percent from 2017, when it booked a gain of $1 billion from U.S. tax changes. The company faced headwinds from increased tariffs on vehicles exported to China from the United States. It also suffered from turmoil on the German auto market when companies faced bottlenecks getting cars certified for new emissions rules.

BMW faces uncertainty from U.S.-China trade tensions that could result in new tariffs if talks do not result in an agreement. U.S. President Donald Trump has also threatened to impose auto import tariffs that would hit EU automakers, but has held off for now. BMW could also suffer disruption if Britain leaves the European Union without a negotiated departure agreement to address trade issues.

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Mexico President Talks US Investment With Trump Son-in-Law

Mexican President Andres Manuel Lopez Obrador says talks with White House senior adviser Jared Kushner have led to advances toward an agreement that would have the U.S. government guarantee some $10 billion in development investments for Mexico and Central America.

Lopez Obrador said Wednesday that the investments would aim to reduce immigration from Mexico and Central America by providing more opportunities in those countries. Roughly half of the sum would go to Mexico while the remainder would be divided among Honduras, Guatemala and El Salvador.

 

Lopez Obrador and President Donald Trump’s son-in-law dined Tuesday in the Mexico City home of Bernardo Gomez, co-executive president of Grupo Televisa.

 

The Mexican leader says they also discussed the pending ratification of the new trade agreement dubbed the U.S.-Mexico-Canada Agreement.

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Starbucks to Test Recyclable Cups, Redesign Stores

Starbucks says it plans to test both recyclable and compostable cups over the next year.

 

Customers in New York, San Francisco, Seattle, London and Vancouver, British Colombia, will help test the cups, which use fiber, paper and other materials in place of plastic liners.

 

Seattle-based Starbucks was expected to announcement the test program Wednesday at its annual shareholders meeting.

The company also said it plans to redesign its stores as it adapts to increasing mobile pick-up and delivery orders.

 

Changes will vary by location. For example, in a neighborhood with three Starbucks cafes, one might be changed to an express format while another offers delivery.

 

Starbucks’ U.S. mobile orders more than doubled between 2016 and 2018, to 12 percent of orders. But there have been complaints about congestion in stores.

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