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	<title>huge &#8211; USA NEWS LIVE</title>
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		<title>Collidating plasma vapion from the sun produce huge geomagnetic storms &#8211; study you&#8217;ll help scientists help to watch the longer term space weather</title>
		<link>https://bloggingthree.soflytech.com/2025/02/collidating-plasma-vapion-from-the-sun-produce-huge-geomagnetic-storms-study-youll-help-scientists-help-to-watch-the-longer-term-space-weather/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Sun, 23 Feb 2025 00:29:17 +0000</pubDate>
				<category><![CDATA[Technology]]></category>
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					<description><![CDATA[The sun strikes frequently Bubbles of the plasma of its surface, which comprises an intensive magnetic field. These events are mentioned Coronal mass changesor cmes. If two of those effects collide, you possibly can create strong geomagnetic storms that may result in beautiful Auroras, but can interfere with satellites and GPS on earth. On May [&#8230;]]]></description>
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<p>The sun strikes frequently <a href="https://science.nasa.gov/learn/heat/big-ideas/big-idea-3-1/">Bubbles of the plasma</a> of its surface, which comprises an intensive magnetic field. These events are mentioned <a href="https://www.swpc.noaa.gov/phenomena/coronal-mass-ejections">Coronal mass changes</a>or cmes. If two of those effects collide, you possibly can create strong geomagnetic storms that may result in beautiful Auroras, but can interfere with satellites and GPS on earth.</p>
<p>On May 10, 2024, people within the northern hemisphere were in a position to observe this <a href="https://science.nasa.gov/science-research/heliophysics/how-nasa-tracked-the-most-intense-solar-storm-in-decades/">Effects of those solar activities</a> on earth <a href="https://www.ncei.noaa.gov/news/what-is-space-weather">Room weather</a>. </p>
<figure class="align-right zoomable">
<div class="placeholder-container" style="--aspect-ratio-percent:133.33333333333331%;--background-color:#293350"><img decoding="async" alt="Luminating colors visible over the night sky, increasing with a tree in the foreground." class="lazyload" src="https://images.theconversation.com/files/647476/original/file-20250206-19-uhuxof.png?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=237&#038;fit=clip" srcset="https://images.theconversation.com/files/647476/original/file-20250206-19-uhuxof.png?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=600&#038;h=800&#038;fit=crop&#038;dpr=1 600w, https://images.theconversation.com/files/647476/original/file-20250206-19-uhuxof.png?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=600&#038;h=800&#038;fit=crop&#038;dpr=2 1200w, https://images.theconversation.com/files/647476/original/file-20250206-19-uhuxof.png?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=600&#038;h=800&#038;fit=crop&#038;dpr=3 1800w, https://images.theconversation.com/files/647476/original/file-20250206-19-uhuxof.png?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;h=1005&#038;fit=crop&#038;dpr=1 754w, https://images.theconversation.com/files/647476/original/file-20250206-19-uhuxof.png?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=754&#038;h=1005&#038;fit=crop&#038;dpr=2 1508w, https://images.theconversation.com/files/647476/original/file-20250206-19-uhuxof.png?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=754&#038;h=1005&#038;fit=crop&#038;dpr=3 2262w" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px"></div><figcaption>
              <span class="caption">The northern lights, as will be seen here from Michigan in May 2024, are brought on by geomagnetic storms within the atmosphere.</span><br />
              <span class="attribution"><span class="source">Shirsh Lata Soni</span></span><br />
            </figcaption></figure>
<p>Two merging cmes triggered the most important geomagnetic storm in twenty years, which was manifested in <a href="https://www.skyatnightmagazine.com/space-science/aurora-10-may-2024">Brightly coloured Auroras visible</a> About the sky.</p>
<p>I&#8217;m a <a href="https://scholar.google.com/citations?user=4dMq4IgAAAAJ&#038;hl=en">Solar physicist</a>. My colleagues and I would like to enhance, track and understand the predictions of space weather with the aim of improving and higher understanding. In modern times, through which technological systems are increasingly prone to room weather disorders, it has never been more vital to know how cmes interact. </p>
<h2>Coronal mass changes</h2>
<p><a href="https://www.swpc.noaa.gov/phenomena/coronal-mass-ejections">Cmes are long and twisted</a> &#8211; much like ropes &#8211; and the way often they occur <a href="https://www.space.com/solar-cycle-frequency-prediction-facts">11-year cycle</a>. The researchers observe about one one per week for the solar minum, but near the solar maximum you possibly can observe a median of two or three a day. </p>
<figure>
<p><a href="https://www.youtube.com/watch?v=p2hn5m4g5by">https://www.youtube.com/watch?v=p2hn5m4g5by</a></p><figcaption><span class="caption">During the solar maximum, solar torches and coronal masses are more common.</span></figcaption></figure>
<p>When two or more cm interacts, they create massive clouds of invited particles and magnetic fields that may compress, merge or mix them again in the course of the collision. These interactions can increase the influence of the CME on the earth&#39;s magnetic field and sometimes create geomagnetic storms.</p>
<h2>Why do you study the interaction of CMES?</h2>
<p>Almost <a href="https://doi.org/10.1007/s11207-017-1091-6">A 3rd of the cms interact</a> With other cmes or <a href="https://science.nasa.gov/sun/what-is-the-solar-wind/">The sunwind</a>This is a current of charged particles which might be released from the outer layer of the sun.</p>
<p><a href="https://doi.org/10.1051/0004-6361/202347552">In the study of my research team</a>We published in May 2024 and located that CMES that interact or collide with one another causes a geomagnetic storm far more often &#8211; twice more often than a person CME. The mixture of strong magnetic fields and high pressure in these CME collisions might be what they cause to create storms.</p>
<p>While <a href="https://www.space.com/solar-cycle-frequency-prediction-facts">Maxima solar</a>If there will be greater than 10 cm a day, the likelihood that CME interacts with one another takes with one another. However, the researchers should not sure whether or not they usually tend to create a geomagnetic storm in these periods. </p>
<p>Scientists can examine the interacting cms in the event that they move through space and observe how they contribute to geomagnetic storms by examining observations from spatial and floor-based observatories.</p>
<p>In this study we examined three cmes that interacted with one another once they traveled through the space with the space base <a href="https://stereo.gsfc.nasa.gov/instruments/instruments.shtml">STEREO</a>. We validated these observations <a href="https://ccmc.gsfc.nasa.gov/models/EUHFORIA%20Heliosphere%7E1.1/">With three -dimensional simulations</a>.</p>
<p>The CME interactions we examined created a posh magnetic field and a compressed plasmaschine, which is a layer of charged particles within the upper atmosphere that interacts with the earth&#39;s magnetic field. </p>
<p>If this complex structure <a href="https://www.swpc.noaa.gov/phenomena/earths-magnetosphere">On the earth&#39;s magneticosphere of the earth</a>It compressed the magnetosphere and triggered an intensive geomagnetic storm.</p>
<figure class="align-center zoomable">
<div class="placeholder-container" style="--aspect-ratio-percent:24.53580901856764%;--background-color:#221d2c"><img decoding="async" alt="Four pictures that show a CME CME interaction based on white light observations from the stereo telescope." class="lazyload" src="https://images.theconversation.com/files/647482/original/file-20250206-19-zsm4o9.png?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;fit=clip" srcset="https://images.theconversation.com/files/647482/original/file-20250206-19-zsm4o9.png?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=600&#038;h=147&#038;fit=crop&#038;dpr=1 600w, https://images.theconversation.com/files/647482/original/file-20250206-19-zsm4o9.png?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=600&#038;h=147&#038;fit=crop&#038;dpr=2 1200w, https://images.theconversation.com/files/647482/original/file-20250206-19-zsm4o9.png?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=600&#038;h=147&#038;fit=crop&#038;dpr=3 1800w, https://images.theconversation.com/files/647482/original/file-20250206-19-zsm4o9.png?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;h=185&#038;fit=crop&#038;dpr=1 754w, https://images.theconversation.com/files/647482/original/file-20250206-19-zsm4o9.png?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=754&#038;h=185&#038;fit=crop&#038;dpr=2 1508w, https://images.theconversation.com/files/647482/original/file-20250206-19-zsm4o9.png?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=754&#038;h=185&#038;fit=crop&#038;dpr=3 2262w" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px"></div><figcaption>
              <span class="caption">Four pictures show three interacting cmes based on observations from the stereo telescope. In pictures C and D you possibly can see the northeastern flank of CME-1 and CME-2, which interact with the southwestern a part of CME-3.</span><br />
              <span class="attribution"><span class="source">Shirsh Lata Soni</span></span><br />
            </figcaption></figure>
<p>The same process generated the geomagnetic storm from May 2024.</p>
<p>Between the eighth and ninth May, several earth -made CME broke out of the sun. When these CMES were merged, they formed an enormous, combined structure that arrived at Earth at the top of May 2024. This structure triggered the extraordinary geomagnetic storm, which many individuals observed. People even saw the northern lights within the sky in parts of the southern United States that night.</p>
<h2>More technology and better operations</h2>
<p>Scientists have an expansive network of spatial and ground -based observatories equivalent to that <a href="https://science.nasa.gov/mission/parker-solar-probe/">Parker Solar probe</a>Present <a href="https://www.esa.int/Science_Exploration/Space_Science/Solar_Orbiter">Solar orbiter</a>The <a href="https://sdo.gsfc.nasa.gov/">Solardynamic Observatory</a> And others who can be found to watch the heliocha &#8211; the region across the sun &#8211; to watch a wide range of viewpoints.</p>
<p>These resources along with advanced modeling functions offer timely and effective ways to look at how CME cause geomagnetic storms. The <a href="https://science.nasa.gov/science-research/heliophysics/nasa-noaa-sun-reaches-maximum-phase-in-11-year-solar-cycle/">The sun will reach its solar maximum</a> In the years 2024 and 2025. Therefore, since more complex cms come from the sun in the subsequent few years and an increasing dependence on the spatial infrastructure for communication, navigation and scientific exploration is more vital than ever. </p>
<p>Integration of the commentary data from room -based missions equivalent to <a href="https://science.nasa.gov/mission/wind/">wind</a> And <a href="https://science.nasa.gov/mission/ace/">AS</a> and data from floor -based facilities equivalent to <a href="https://www.e-callisto.org/">The e-callisto network</a> And radio operatories with state -of -the -art simulation tools enable researchers to research the information in real time. In this fashion you possibly can quickly predict what the CMES do. </p>
<p>This progress is essential to maintain the infrastructure secure and prepare for the subsequent solar maximum. Coping with these challenges today guarantees resistance to future space weather.</p>
</p></div>
<p><em>image credit : theconversation.com</em></p>
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		<title>A practical idea of ​​investing strategically, or an enormous probability of waste?</title>
		<link>https://bloggingthree.soflytech.com/2025/02/a-practical-idea-of-investing-strategically-or-an-enormous-probability-of-waste/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Sat, 08 Feb 2025 17:23:09 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[chance]]></category>
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		<category><![CDATA[idea]]></category>
		<category><![CDATA[investing]]></category>
		<category><![CDATA[practical]]></category>
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		<category><![CDATA[waste]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=24200</guid>

					<description><![CDATA[The United States could soon connect Norway, Kuwait and Mongolia Invested strategic interest in projects in a national reserve? If President Donald Trump makes his way, perhaps. On February 3, 2025 Trump gave an executive regulation Call after the Creation of a US sovereign assets fund. This was not entirely unexpected. After all, the concept [&#8230;]]]></description>
										<content:encoded><![CDATA[<p></p>
<div itemprop="articleBody">
<p>The United States could soon connect <a href="https://www.newsweek.com/which-countries-have-sovereign-wealth-fund-how-much-are-they-worth-2025791">Norway, Kuwait and Mongolia</a> Invested strategic interest in projects in a national reserve? If President Donald Trump makes his way, perhaps.</p>
<p>On February 3, 2025 Trump <a href="https://www.bloomberg.com/news/articles/2025-02-03/trump-signs-action-to-create-sovereign-wealth-fund-in-next-year">gave an executive regulation</a> Call after the <a href="https://www.whitehouse.gov/fact-sheets/2025/02/fact-sheet-president-donald-j-trump-orders-plan-for-a-united-states-sovereign-wealth-fund/">Creation of a US sovereign assets fund</a>.</p>
<p>This was not entirely unexpected. After all, the concept in September 2024 was not only from the Trump team, but in addition from <a href="https://www.bloomberg.com/news/articles/2024-09-06/biden-aides-working-on-proposal-for-us-sovereign-wealth-fund">President Joe Bidens Financial Department</a>.</p>
<p>Many back then, <a href="https://as.tufts.edu/economics/people/faculty/patrick-schena">including me</a>When it considered it <a href="https://www.wsj.com/politics/policy/biden-and-trump-are-both-eyeing-a-sovereign-wealth-fund-why-5ac8ea08">At best, far -fetched</a>. But with the initiative, which is now gaining traction, it&#8217;s definitely ripe to assume what a US sovereign assets could appear to be.</p>
<h2>What is a sovereign asset fund?</h2>
<p>In its most simple form, <a href="https://www.nytimes.com/2025/02/04/business/trump-sovereign-wealth-fund.html">Sovereign assets</a> are pools of state savings, which were generally amassed for a few years through the sale of raw materials, traded goods, state corporations and land use rights.</p>
<p>They share a wide range of destinations, equivalent to B. the stabilization of presidency funds, the financing of retirement or educational programs, save for future generations and even the administration of state corporations.</p>
<p>They generally diversify investments in assets, geographies and sectors, including some, equivalent to sports and entertainment within the case of Saudi Arabia that match the national development goals.</p>
<p>Sovereign assets are often related to great prosperity &#8211; the &#8220;oil fund&#8221; in Norway shall be estimated <a href="https://www.nbim.no">value 1.7 trillion US dollars</a>. With regard to the dimensions, Norway is hardly alone. And the Norway Fund is typical of one other note: Sovereign asset funds are sometimes based in smaller countries with oversized natural resources equivalent to Kuwait, the United Arab Emirates and Qatars and even Tiny Guyana within the Caribbean. </p>
<p>In reality, most sovereign assets are more modest when it comes to their gross domestic products.</p>
<h2>How long has SWFS have been around?</h2>
<p>Sovereign asset funds are hardly recent. The so -called modern era of sovereign asset funds dates from the early Nineteen Fifties with the creation of the <a href="https://www.kia.gov.kw/about-kia/#maindate">Kuwait Investment Board</a>.</p>
<p>But some state investment funds like that <a href="https://texaspsf.org/our-history/">Texas everlasting school find</a>Long lead of the Kuwait Investment Board. </p>
<p>As in Texas, there are already many such means within the United States, including those in <a href="https://apfc.org">Down</a>Present <a href="https://www.sic.state.nm.us/about-the-sic/">New Mexico</a> And <a href="https://statetreasurer.wyo.gov/2024-treasurers-annual-report-now-available-2/">Wyoming</a> &#8211; Everyone identifies themselves as &#8220;sovereign asset funds&#8221;. These are after all state funds, however the term “confident” is used generously.</p>
<p>Sovereign wealth finds often invest outside of their geographies, not only to diversify the returns, but in addition to avoid higher inflation that may result from the investment at home.  </p>
<p>In fact, the United States benefited from investments from the sovereign assets funds from other countries. Developed market economies equivalent to the USA <a href="https://static.ie.edu/CGC/SovereignWealthFunds_2024report_IECGC.pdf">are attractive goals for investments</a>In view of the relative strengths of their institutions in addition to the dimensions and liquidity of their financial markets.</p>
<p>In the past ten years, nevertheless, there was a rapid expansion of the variety of sovereign assets that invest domestically, particularly to support <a href="https://documents1.worldbank.org/curated/en/099613406162214370/pdf/IDU0ddbf82f70fcd204f920beec04821bc68f6e3.pdf">Strategic national goals</a>. Some of them contain medium in <a href="https://isif.ie">Ireland</a>Present <a href="https://www.niifindia.in">India</a> And <a href="https://www.ina.go.id">Indonesia</a>.</p>
<p>Your investment programs are aimed toward critical sectors and national “champions” with the aim of mobilizing foreign capital for co-investment in local markets.</p>
<figure class="align-center ">
<div class="placeholder-container" style="--aspect-ratio-percent:66.71087533156499%;--background-color:#2f3352"><img decoding="async" alt="A man in a yellow jersey runs to a ball." class="lazyload" src="https://images.theconversation.com/files/647686/original/file-20250207-15-vqh48v.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;fit=clip" srcset="https://images.theconversation.com/files/647686/original/file-20250207-15-vqh48v.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=1 600w, https://images.theconversation.com/files/647686/original/file-20250207-15-vqh48v.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=2 1200w, https://images.theconversation.com/files/647686/original/file-20250207-15-vqh48v.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=3 1800w, https://images.theconversation.com/files/647686/original/file-20250207-15-vqh48v.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=1 754w, https://images.theconversation.com/files/647686/original/file-20250207-15-vqh48v.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=2 1508w, https://images.theconversation.com/files/647686/original/file-20250207-15-vqh48v.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=3 2262w" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px"></div><figcaption>
              <span class="caption">The football superstar Cristiano Ronaldo plays for Al-Nassr, where the general public investment fund of Saudi Arabia has a controlling share.</span><br />
              <span class="attribution"><a class="source" href="https://www.gettyimages.com/detail/news-photo/cristiano-ronaldo-of-al-nassr-runs-with-the-ball-during-the-news-photo/2197469164?adppopup=true">Abdullah Ahmed/Getty Images</a></span><br />
            </figcaption></figure>
<h2>The basic questions of a fund</h2>
<p>What could a US sovereign assets appear to be? Would it&#8217;s well financed? And in that case, how? Through taxes, proceeds, budget broadcasts, tariffs of the financial bond?</p>
<p>Would it invest globally or domestically? Could it&#8217;s used to strengthen the social security system? Is it used to tackle the double deficits of budget and trade? Or will it have a strategic mandate &#8211; to enhance national security, energy security or climate safety?</p>
<p>These are all basic questions that must be fastidiously examined. The creation of a sovereign asset fund mustn&#8217;t be an exercise within the back room. It have to be carried out openly, with experienced input and public advice.</p>
<p>The process corresponds to much more demanding organizational and governance decisions in relation to the legal structure, the property and administration of the fund, the independence of its board of directors and its distance from the influence of the federal government in his decisions.</p>
<p>After all, the history of the sovereign asset fund shouldn&#8217;t be without attempts. <a href="https://www.netflix.com/title/81735368">Take Malaysias 1MDB</a>which was usurpated for political and private profit and have become a corruption scandal of several billion dollars, or <a href="https://www.imf.org/external/pubs/ft/wp/2008/wp08142.pdf">Venezuelas macrostabilization and development funds</a>which were each effectively exhausted.</p>
<p>In these and other cases, the collapse with the failure of the federal government may be connected each when it comes to design in addition to in culture and ultimately <a href="https://doi.org/10.1080/09692290.2023.2190601">traces back into politics</a>. </p>
<h2>Where does the USA start?</h2>
<p>It is interesting to seek out that it was George W. Bush <a href="https://www.foreignaffairs.com/articles/2008-01-01/public-footprints-private-markets">Finance department</a> During the financial crisis in 2008, this was influential to advertise sovereign asset funds, to define a framework for governance practices and principles.</p>
<p>Known because the <a href="https://www.ifswf.org/santiago-principles-landing/santiago-principles">Santiago principles</a>This 24 regulations agreed in 2008 are intended to make sure transparent and solid government with adequate operating controls, risk management and accountability. </p>
<p>In order to achieve success and in accordance with the Santiago principles, a US sovereign assets would must be based on a functional governance structure that permits it to evaluate on the idea of economic services.</p>
<p>It would also must be freed from political interference and open, transparent and on the arm length of non-public or skilled interests of each related parties. </p>
<h2>Where would it not invest?</h2>
<p>The next thing that have to be taken under consideration is the fund&#39;s investment positions and techniques. Trump has suggested that such a fund <a href="https://www.bbc.com/news/articles/cvgm81x2d3ko">might be used to purchase Tiktok</a>. But would this be a strategic investment that drives the national competitiveness of the United States?</p>
<p>Perhaps a confident asset fund could possibly higher be invited to essential national priorities within the United States within the United States, higher within the United States under a focused strategic mandate.</p>
<p>It is essential that the fund is &#8220;additional&#8221;. This signifies that it might spend money on projects that other investors couldn&#8217;t finance themselves as a consequence of scaling, difficulty or duration. Essentially, the fund would &#8220;push&#8221; investors as an alternative of suppressing them.</p>
<h2>And what about financing?</h2>
<p>Maybe essentially the most critical query stays: where does the cash come from?</p>
<p>Increased taxes are a non -starter and naturally Trump as a consequence of the political will <a href="https://www.npr.org/2024/11/25/nx-s1-5203099/trump-tax-cuts-social-security-tipped-income">Campaign obligations</a>.</p>
<p>The output of Treasury bonds would only increase the US flap and possibly result in higher inflation. The allocations from the federal government&#39;s own budget also appear to be a non-starter, because the US budget deficits have been well anchored for a very long time.</p>
<p>The president has proposed that a fund <a href="https://www.usatoday.com/story/money/2025/02/04/what-is-sovereign-wealth-fund-trump-order/78209260007/">Could use tariff payments</a> &#8211; But the truth of the tariff rollout is itself <a href="https://apnews.com/article/trump-tariffs-canada-mexico-china-sheinbaum-trudeau-017efa8c3343b8d2a9444f7e65356ae9">questionable and apparently open to negotiations</a>.</p>
<figure class="align-center ">
<div class="placeholder-container" style="--aspect-ratio-percent:66.71087533156499%;--background-color:#30395d"><img decoding="async" alt="A tower is illuminated against a city at night." class="lazyload" src="https://images.theconversation.com/files/647688/original/file-20250207-15-yyghf0.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;fit=clip" srcset="https://images.theconversation.com/files/647688/original/file-20250207-15-yyghf0.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=1 600w, https://images.theconversation.com/files/647688/original/file-20250207-15-yyghf0.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=2 1200w, https://images.theconversation.com/files/647688/original/file-20250207-15-yyghf0.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=3 1800w, https://images.theconversation.com/files/647688/original/file-20250207-15-yyghf0.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=1 754w, https://images.theconversation.com/files/647688/original/file-20250207-15-yyghf0.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=2 1508w, https://images.theconversation.com/files/647688/original/file-20250207-15-yyghf0.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=3 2262w" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px"></div><figcaption>
              <span class="caption">Malaysias 1MDB financed the Tunn Razak Exchange Tower, the best constructing in Kuala Lumpur, Malaysia. But it was also the source of the best corruption scandal in Malaysian history.</span><br />
              <span class="attribution"><a class="source" href="https://www.gettyimages.com/detail/news-photo/general-view-of-the-kuala-lumpur-city-with-the-tun-razak-news-photo/1013051538?adppopup=true">Erz huiying/getty pictures</a></span><br />
            </figcaption></figure>
<p>A more practical option may be the standard partnership with private equity limited. In this model, the USA acts as a general partner and joining other institutional investors &#8211; including other sovereign asset funds &#8211; to speculate within the funds.</p>
<p>The United States appoints a management team as general partner who would choose and manage the investments &#8211; after all for a fee. His mandate can be to realize strong market returns and at the identical time to advertise the strategic national interests of the United States</p>
<p>The <a href="https://www.niifindia.in/">National investment and infrastructure funds in India</a> is such an example. This approach would require a lower initial capital obligation within the United States and provides the manager room for discretion of where and the way capital ought to be used. To mention unnecessarily that the demand for a robust basic governance is reinforced as a part of such a plan.</p>
<p>To be clear: the challenges, restrictions and risks for the beginning of a US sovereign assets are sizes which might be larger than similar <a href="https://www.reuters.com/markets/commodities/guyana-approves-wealth-fund-local-content-rules-expected-oil-boom-2021-12-30/">Efforts in Guyana</a> <a href="https://www.theguardian.com/world/2024/nov/25/suriname-president-oil-wealth">or suriname</a>.</p>
<p>Promising the creation of a fund is definitely feasible. However, whether it is ensured that the fund sincerely improves the well -being of all Americans within the generations, it might be removed from it.</p>
</p></div>
<p><em>image credit : theconversation.com</em></p>
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		<title>Healthy Earnings: An enormous deal to spice up Novo Nordisk&#039;s production is nearing completion</title>
		<link>https://bloggingthree.soflytech.com/2024/12/healthy-earnings-an-enormous-deal-to-spice-up-novo-nordisks-production-is-nearing-completion/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Sat, 14 Dec 2024 23:59:30 +0000</pubDate>
				<category><![CDATA[Health]]></category>
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		<category><![CDATA[completion]]></category>
		<category><![CDATA[deal]]></category>
		<category><![CDATA[earnings]]></category>
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		<category><![CDATA[Nordisk39s]]></category>
		<category><![CDATA[Novo]]></category>
		<category><![CDATA[production]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=20914</guid>

					<description><![CDATA[Novo Nordisk has just moved one step closer to significantly improving supplies of its blockbuster weight-loss drug Wegovy and diabetes drug Ozempic. The Danish drugmaker&#39;s parent company, Novo Holdings, received permit Last week, European antitrust regulators urged it to maneuver forward with its planned $16.5 billion takeover of U.S. drugmaker Catalent, a deal that had [&#8230;]]]></description>
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<div id="SpecialReportArticle-ArticleBody-6" data-module="ArticleBody" data-test="articleBody-2" data-analytics="SpecialReportArticle-articleBody-6-2"><span class="HighlightShare-hidden" style="top:0;left:0"></span></p>
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<p><span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="SpecialReportArticle-QuoteInBody-2">Novo Nordisk<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    has just moved one step closer to significantly improving supplies of its blockbuster weight-loss drug Wegovy and diabetes drug Ozempic.</p>
<p>The Danish drugmaker&#39;s parent company, Novo Holdings, received <a href="https://ec.europa.eu/commission/presscorner/detail/en/ip_24_6247" target="_blank">permit </a>Last week, European antitrust regulators urged it to maneuver forward with its planned $16.5 billion takeover of U.S. drugmaker Catalent, a deal that had raised concerns amongst rival drugmakers and lawmakers alike. </p>
<p>That leaves the U.S. Federal Trade Commission as the ultimate hurdle Novo Holdings must overcome to solidify the colossal deal the corporate announced in February. Novo Holdings and Novo Nordisk said they expect the deal to shut by the tip of the month. </p>
<p>Catalent is a sexy takeover goal for Novo Holdings, which owns 77% of the voting shares in Novo Nordisk. </p>
<p>The deal could increase availability of the drugs as Catalent is the essential supplier of fill-finish work, which incorporates filling and packaging syringes and injection pens for Wegovy and Ozempic. Novo Holdings will immediately sell three Catalent sites to Novo Nordisk for $11 billion upon completion of the transaction, making the drugmaker higher prepared to fulfill increasing demand for its products.</p>
<p>“In the anti-obesity arms race, capacity continues to matter, and the completion of this deal could significantly accelerate Novo&#39;s ability to serve this growing market,” Evan Seigerman, an analyst at BMO Capital Markets, wrote in a note on Friday. “Novo emphasized last quarter that it continues to see no issues with patient demand and that for every dose discussed, capacity is the biggest bottleneck to growing its GLP-1 franchises.”</p>
<p>The European Commission, the chief arm of the European Union, explicitly stated that the transaction wouldn&#8217;t pose a big threat to competition. The commission said drug manufacturers continued to have access to several alternative manufacturers of prefilled syringes and orally disintegrating tablets. </p>
<p>“The transaction would not result in customers lacking alternative sources of supply to Catalent,” the Commission stressed, noting that “there is sufficient spare capacity on the market.”</p>
<p>Rival drugmakers have rejected the deal. </p>
<p>Earlier this 12 months <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="SpecialReportArticle-QuoteInBody-5">Eli Lilly<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    was the primary to indicate that there may very well be problems for the reason that company is a significant competitor to Novo Nordisk in the load loss drug space. In August, Eli Lilly CEO David Ricks also told analysts that the corporate relies on a Catalent site for some production, but that &#8220;it&#39;s more of an oddity that your main competitor is also your contract manufacturer, and how to resolve this situation.”</p>
<p><span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="SpecialReportArticle-QuoteInBody-6">Roche<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>Thomas Schinecker, the company&#39;s top executive, also said in a media call in October that the Catalent deal would have no impact on the company but &#8220;could pose an issue for other smaller players.&#8221; He said it was &#8220;not a superb idea&#8221; to limit competition in the weight-loss drug space, which Roche wants to join. </p>
<p>Also in October, a coalition of more than ten labor unions, public interest organizations and consumer groups wrote a letter to FTC Commissioner Lina Khan urging her to &#8220;challenge this transaction&#8221; and ensure that &#8220;competition is protected and consumers.&#8221; have unrestricted access to treatment.” .&#8221;</p>
<p>You can send suggestions, suggestions, story ideas and data to Annika at <a href="http://nbcuni.com/?__source=newsletter%7Chealthyreturns" target="_blank">annikakim.constantino@nbcuni.com</a>.</p>
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<h2 class="ArticleBody-subtitle"><a id="headline0"></a>Nobel laureates call on senators to oppose confirmation of Robert F. Kennedy Jr.</h2>
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<p>Nearly 80 Nobel laureates in chemistry, medicine, economics and physics signed a letter Monday urging the Senate to oppose the confirmation of Robert F. Kennedy Jr. as Health and Human Services secretary.</p>
<p>President-elect Donald Trump announced Kennedy as his HHS pick last month after saying in October that he would let him &#8220;go wild&#8221; on health care. Kennedy, who briefly ran as an independent candidate within the presidential election, has previously spread misinformation and conspiracy theories on topics resembling&#8230; <a href="https://www.annenbergpublicpolicycenter.org/fact-checking-presidential-candidate-robert-f-kennedy-jr-on-vaccines-autism-and-covid-19/" target="_blank">Vaccinations</a>Covid-19 and autism, amongst others. </p>
<p>If the Senate confirms Kennedy as head of HHS, he can be answerable for managing the Food and Drug Administration, the Centers for Disease Control and Prevention, the Medicare and Medicaid insurance programs and the National Institutes of Health.</p>
<p>In the letter, obtained by CNBC on Monday, the Nobel laureates said they &#8220;strongly urge&#8221; senators to vote against Kennedy&#39;s nomination. The New York Times <a href="https://www.nytimes.com/2024/12/09/health/kennedy-hhs-nobel-laureates.html" target="_blank">first reported</a> the letter. </p>
<p>“In addition to his lack of qualifications or relevant experience in medicine, science, public health, or administration, Mr. Kennedy has been an opponent of many health-protecting and life-saving vaccines,” the letter said.</p>
<p>&#8220;Given his record, placing Mr. Kennedy at the helm of DHHS would endanger public health and undermine America&#39;s global leadership in the health sciences in both the public and commercial sectors,&#8221; it said. </p>
<p>The letter&#39;s signatories include 31 Nobel Prize winners in medicine, 18 in physics, 17 in chemistry and 11 in economics. Victor Ambros and Gary Ruvkun, who won the Medicine Prize this 12 months for his or her <a href="https://www.nobelprize.org/prizes/medicine/2024/press-release/" target="_blank">​​Discovery of microRNA</a>signed the letter. Daron Acemoglu and Simon Johnson, who won this 12 months&#39;s economics prize for his or her work on How <a href="https://www.nobelprize.org/prizes/economic-sciences/2024/press-release/" target="_blank">Institutions</a> affect the prosperity of countries also signed the letter.  </p>
<p>Here is the total text: </p>
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<p>Feel free to send suggestions, suggestions, story ideas and data to Ashley at ashley.caroot@nbcuni.com.</p>
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<p><em>image credit : www.cnbc.com</em></p>
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		<title>Inexpensive Housing in California Requires Huge Market Drop – The Mercury News</title>
		<link>https://bloggingthree.soflytech.com/2024/11/inexpensive-housing-in-california-requires-huge-market-drop-the-mercury-news/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Tue, 26 Nov 2024 20:48:37 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[affordable]]></category>
		<category><![CDATA[California]]></category>
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		<category><![CDATA[housing]]></category>
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		<category><![CDATA[Mercury]]></category>
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		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=19863</guid>

					<description><![CDATA[Dramatic changes can be needed to repair California&#39;s home affordability mess. My trusty spreadsheet compared housing price appreciation to income growth for ten major California metro areas using housing indexes from ICE, a mortgage technology company, and salary statistics from the U.S. Bureau of Economic Analysis. First, consider the estimated median home payment for these [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" src="https://www.mercurynews.com/wp-content/uploads/2024/11/Home-gains-vs.-income-growth@2x.jpeg?w=1400px&amp;strip=all" /></p>
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<p>Dramatic changes can be needed to repair California&#39;s home affordability mess.</p>
<p>My trusty spreadsheet compared housing price appreciation to income growth for ten major California metro areas using housing indexes from ICE, a mortgage technology company, and salary statistics from the U.S. Bureau of Economic Analysis.</p>
<p>First, consider the estimated median home payment for these California metro areas.</p>
<p>In 2018, payments for the everyday $509,400 home purchase were $2,020 per thirty days with a mean mortgage rate of 4.3% and a down payment of 20%.</p>
<p>That was 22% of a typical house hunter&#39;s income of $109,100, including dual earners.</p>
<p>Then think in regards to the payment for today&#39;s median-priced home of $759,500. The payment doubled to $4,000 per thirty days with an rate of interest of 6.9%.</p>
<p>The mortgage now eats up 32% of the $148,500 income, which has increased 36% in six years.</p>
<p>So what wouldn&#8217;t it take to bring this payment burden back to pre-Corona levels?</p>
<p>Interest rates would should fall to three.5%. Incomes would should increase by 50%. Or prices would should fall by 33%. Or a mixture of the three.</p>
<p>This lack of affordability is why a 3rd fewer homes are being sold in California this 12 months than in 2018.</p>
<h4>How did we get here?</h4>
<p>Remember, the housing market was upended throughout the pandemic by several things: demand for more housing, mortgage rates below 3%, and stimulus packages that boosted incomes.</p>
<p>Now let&#39;s have a look at how six years of home value appreciation through October contrasts with rising per capita incomes within the six years to 2023.</p>
<p>In eight of those ten Californian metropolises, real estate prices rose faster than incomes. Here&#39;s how they ranked by distance&#8230;</p>
<p><b>Bakersfield: </b> 63% increase in home value in comparison with 29% growth in income.</p>
<p><b>Domestic Empire: </b> 65% home equity gain versus 37% income growth.</p>
<p><b>San Diego: </b> 66% home ownership gain versus 39% income growth.</p>
<p><b>Fresno: </b> 60% home equity gain versus 33% income growth.</p>
<p><b>Ventura County: </b> 51% home ownership gain versus 36% income growth.</p>
<p><b>LA-OC: </b> 50% home equity gain versus 39% income growth.</p>
<p><b>Sacramento: </b> 46% home equity gain versus 35% income growth.</p>
<p><b>Stockton: </b> 50% home equity gain vs. 45% income growth.</p>
<p>And in two California metropolitan areas, incomes exceeded housing prices&#8230;</p>
<p><b>San Jose: </b> 34% home gains, exceeded by 54% income growth.</p>
<p><b>San Francisco: </b> 26% home gains, exceeded by 46% income growth.</p>
<h4>Glimmer of hope</h4>
<p>A bit of fine news for home buyers: appreciation is decreasing.</p>
<p>Price increases within the 12 months to October were significantly lower in all but certainly one of the ten metropolises than the pace of appreciation over the past five years.</p>
<p>San Diego experienced the most important decline, with prices rising 3.2% last 12 months, in comparison with an annual average increase of 9.9% between 2018 and 2023. That represents a decline of 6.7 percentage points.</p>
<p>San Jose was the one place with out a decline in appreciation. The 5.1% annual increase was barely higher than the 5% annual increase in 2018-23.</p>
<p>Here&#39;s how the nine other metropolitan areas fared, in line with ICE Math, sorted by appreciation chill&#8230;</p>
<p><b>Domestic Empire: </b> Annual gain of three.5% versus average annual increases of 9.8% in 2018-23 &#8211; 6.3 points cooler.</p>
<p><b>Sacramento: </b> 1.7% annual gain versus 7.5% annual gain in 2018-23 – 5.8 points cooler.</p>
<p><b>Bakersfield: </b> Annual gain of 4.1% versus annual gain of 9.4% in 2018-23 &#8211; 5.3 points cooler.</p>
<p><b>Stockton: </b> Annual gain of two.9% versus annual increase of seven.9% in 2018-23 &#8211; 5 points cooler.</p>
<p><b>Ventura County: </b> 3.3% annual gain versus a 7.9% rise in 2018-23 &#8211; 4.7 points cooler.</p>
<p><b>Fresno: </b> Annual gain of 4.2% versus annual gain of 8.9% in 2018-23 &#8211; 4.7 points cooler.</p>
<p><b>Los Angeles-Orange County: </b> Annual gain of three.9% versus annual increase of seven.7% in 2018-23 &#8211; 3.7 points cooler.</p>
<p><b>San Francisco: </b> Annual gain of 1.3% versus annual gain of 4.4% in 2018-23 &#8211; 3.1 points cooler.</p>
<p>But lower home price increases are in no way a cure, because “affordability” actually means lowering prices.</p>
</p>
<aside class="related left"></aside>
<p>Originally published: <time datetime="2024-11-26 11:39:14">November 26, 2024 at 11:39 am PST</time></p>
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<p><em>image credit : www.mercurynews.com</em></p>
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		<title>Countries spend huge amounts of cash on fossil fuel subsidies – which is why they&#8217;re so difficult to eliminate</title>
		<link>https://bloggingthree.soflytech.com/2024/11/countries-spend-huge-amounts-of-cash-on-fossil-fuel-subsidies-which-is-why-theyre-so-difficult-to-eliminate/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Mon, 18 Nov 2024 02:35:24 +0000</pubDate>
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		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=19319</guid>

					<description><![CDATA[Fossil fuels are those Main drivers of climate changeYet they&#8217;re still heavily subsidized by governments world wide. Although many countries have explicitly done so promised to cut back fossil fuel subsidies To combat climate change, this has proven difficult to attain. This keeps fossil fuels relatively inexpensive, their consumption and their greenhouse gas emissions proceed [&#8230;]]]></description>
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<p>Fossil fuels are those <a href="https://science.nasa.gov/climate-change/causes/">Main drivers of climate change</a>Yet they&#8217;re still heavily subsidized by governments world wide. </p>
<p>Although many countries have explicitly done so <a href="https://home.treasury.gov/system/files/206/pittsburgh_summit_leaders_statement_250909.pdf">promised to cut back fossil fuel subsidies</a> To combat climate change, this has proven difficult to attain. This keeps fossil fuels relatively inexpensive, their consumption and their greenhouse gas emissions <a href="https://www.reuters.com/business/environment/fossil-fuel-use-emissions-hit-recorcds-2023-report-says-2024-06-19/">proceed to grow</a>.</p>
<p>I work in <a href="https://scholar.google.com/citations?user=g-ArgSwAAAAJ&#038;hl=en">Environmental and energy law</a> and have been involved within the fossil fuel sector for years. Here&#39;s how fossil fuel subsidies work and why they&#39;re so persistent.</p>
<h2>What is a grant?</h2>
<p>A subsidy is a financial profit given by a government to an organization or industry. Some subsidies are relatively obvious, reminiscent of: <a href="https://www.gao.gov/products/gao-24-106086">publicly funded crop insurance</a> or <a href="https://www.ineteconomics.org/perspectives/blog/us-tax-dollars-funded-every-new-pharmaceutical-in-the-last-decade">Research grants to support pharmaceutical firms</a> develop recent drugs.</p>
<p>Others are less visible. A <a href="https://www.investopedia.com/articles/economics/08/tariff-trade-barrier-basics.asp">Customs duty on an imported product</a>For example, domestic producers of this product may be subsidized. More controversially, some would argue that it&#8217;s a government <a href="https://www.imf.org/en/Topics/climate-change/energy-subsidies">fails to make an industry pay for the damage</a> B. Air or water pollution, this also represents a subsidy. </p>
<p>Subsidies, particularly on this broader sense, are widespread throughout the worldwide economy. Many industries receive advantages through government motion that usually are not available to other industries in the identical jurisdiction, e.g <a href="https://www.ft.com/content/7b210065-0444-3c2b-bc2a-cdcfad2ae2f7">Tax relief</a>relaxed regulations or trade promotions.</p>
<figure class="align-center ">
<div class="placeholder-container" style="--aspect-ratio-percent:66.71087533156499%;--background-color:#9f6855"><img decoding="async" alt="Farmers arrive with their tractors at the Brandenburg Gate in Berlin on December 18, 2023 to protest against planned cuts in government subsidies to reduce their fuel costs." class="lazyload" src="https://images.theconversation.com/files/627372/original/file-20241022-17-1hefra.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;fit=clip" srcset="https://images.theconversation.com/files/627372/original/file-20241022-17-1hefra.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=1 600w, https://images.theconversation.com/files/627372/original/file-20241022-17-1hefra.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=2 1200w, https://images.theconversation.com/files/627372/original/file-20241022-17-1hefra.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=3 1800w, https://images.theconversation.com/files/627372/original/file-20241022-17-1hefra.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=1 754w, https://images.theconversation.com/files/627372/original/file-20241022-17-1hefra.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=2 1508w, https://images.theconversation.com/files/627372/original/file-20241022-17-1hefra.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=3 2262w" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px"></div><figcaption>
              <span class="caption">German farmers drove tractors to Berlin in 2023 to protest the federal government&#39;s plan to chop fuel subsidies.</span><br />
              <span class="attribution"><a class="source" href="https://www.gettyimages.com/detail/news-photo/farmers-arrive-on-their-tractors-at-the-brandenburg-gate-to-news-photo/1856084742">Michele Tantussi/Getty Images</a></span><br />
            </figcaption></figure>
<p>Governments use subsidies for political and practical reasons. Politically, subsidies are useful for negotiating or increasing political support. In democracies, they will appease voters who otherwise wouldn&#8217;t conform to a change in policy. The 2022 Inflation Reduction Act, for instance, squeaked its way through Congress <a href="https://www.nytimes.com/2022/08/11/opinion/climate-inflation-reduction-act.html">Subsidizing each renewable energy and oil and gas production</a>. </p>
<p>Practically speaking, subsidies can stimulate a promising young industry, e.g <a href="https://doi.org/10.1016/j.eneco.2023.106641">Electric vehicles</a>Attracting businesses to a community or helping a mature sector weather an economic downturn, reminiscent of <a href="https://knowledge.wharton.upenn.edu/podcast/knowledge-at-wharton-podcast/auto-bailout-ten-years-later-right-call/">Rescue package for the auto industry</a> This happened in 2008. Of course, policies can outlive their original purpose; Some of today&#39;s petroleum subsidies could also be <a href="https://www.cambridge.org/core/journals/journal-of-policy-history/article/abs/gasoline-taxes-and-the-great-depression-a-comparative-history/C5D2412C3E26AB0229C53BF944286AF3">attributed to the worldwide economic crisis</a>.  </p>
<h2>How are fossil fuels subsidized?</h2>
<p>Fossil fuel subsidies are available in many forms world wide. For example:</p>
<ul>
<li>
<p>In <a href="https://www.kapsarc.org/research/publications/sectoral-and-economy-wide-effects-of-domestic-energy-price-reforms-in-saudi-arabia/">Saudi Arabia</a>Fuel prices are set by the federal government, not the market. <a href="https://www.arabnews.com/node/2145501/business-economy">Price caps</a> Subsidize the value residents pay for gasoline. The costs for state-owned oil producers there are offset by oil exports, which dwarf domestic consumption.</p>
</li>
<li>
<p><a href="http://documents1.worldbank.org/curated/en/099748505212431959/pdf/IDU1e31e5e531f16114baa1b62c1b3201c9c2e68.pdf">Indonesia</a> It also caps energy prices after which compensates state-owned energy firms for the losses they bear. </p>
</li>
<li>
<p>In the United States, oil firms can do that <a href="https://www.law.cornell.edu/cfr/text/26/1.612-4">make a tax deduction</a> cover a big portion of their drilling costs. </p>
</li>
</ul>
<p><a href="https://documents1.worldbank.org/curated/ar/961661467990086330/pdf/WPS7220.pdf">Other subsidies are less direct</a>for instance, when governments undercut prices for permits to extract or drill fossil fuels or fail to gather all taxes owed by fossil fuel producers. </p>
<p><iframe id="wWvRp" class="tc-infographic-datawrapper" src="https://datawrapper.dwcdn.net/wWvRp/1/" height="400px" width="100%" style="border: 0;" scrolling="no" frameborder="0"></iframe></p>
<p>Estimates of the overall value of worldwide fossil fuel subsidies vary significantly depending on whether analysts use a broad or narrow definition. The Organization for Economic Cooperation and Development, or OECD for brief, <a href="https://fossilfuelsubsidytracker.org/">the annual total is calculated</a> in 2022 can be about 1.5 trillion US dollars. Tch <a href="https://www.imf.org/en/Publications/WP/Issues/2023/08/22/IMF-Fossil-Fuel-Subsidies-Data-2023-Update-537281">The International Monetary Fund reported</a> a number greater than 4 times higher, about $7 trillion. </p>
<h2>Why do fossil fuel subsidy estimates vary so widely?</h2>
<p>Analysts <a href="https://www.heritage.org/energy/commentary/flawed-fossil-fuel-subsidy-math">disagree about it</a> Whether the subsidy tables should keep in mind environmental damage brought on by the extraction and use of fossil fuels that is just not included in the value of the fuel. The IMF views the prices of worldwide warming, local air pollution, and even traffic congestion and road damage as implicit subsidies because fossil fuel firms don&#39;t pay to repair these problems. The <a href="https://fossilfuelsubsidytracker.org/methodology/">The OECD ignores these implicit advantages</a>.</p>
<p>Regardless of which definition is applied, the general effect of national policies on fossil fuel prices paid by consumers is dramatic. </p>
<p><iframe id="eZ0PJ" class="tc-infographic-datawrapper" src="https://datawrapper.dwcdn.net/eZ0PJ/4/" height="400px" width="100%" style="border: 0;" scrolling="no" frameborder="0"></iframe></p>
<p>Oil, for instance, is traded on a world market, but the value per gallon <a href="https://www.globalpetrolprices.com/gasoline_prices/">Gasoline varies enormously</a> world wide, from around 10 cents in Iran, Libya and Venezuela &#8211; where it&#8217;s heavily subsidized &#8211; to over $7 in Hong Kong, the Netherlands and far of Scandinavia, where fuel taxes counteract subsidies.</p>
<h2>What is the world doing about fossil fuel subsidies?</h2>
<p>World leaders have recognized that fossil fuel subsidies undermine efforts to combat climate change because they make fossil fuels cheaper than they otherwise can be.</p>
<p>In 2009, leaders of the G20, which incorporates lots of the world&#39;s largest economies, <a href="https://home.treasury.gov/system/files/206/pittsburgh_summit_leaders_statement_250909.pdf">issued a press release</a> with the choice to &#8220;rationalize and phase out in the medium term inefficient fossil fuel subsidies that encourage wasteful consumption.&#8221; Later that very same 12 months, the governments of the Asia-Pacific Economic Cooperation Forum or <a href="https://www.apec.org/meeting-papers/leaders-declarations/2009/2009_aelm">APEC has made a similar promise</a>. </p>
<p>In 2010, ten more countries, including the Netherlands and New Zealand, established the <a href="https://fffsr.org/">Friends of fossil fuel subsidy reform</a> group to “build political consensus on the importance of reforming fossil fuel subsidies.”</p>
<p>But these commitments have had little effect. One major subject <a href="https://doi.org/10.1086/719272">Study of 157 countries</a> Between 2003 and 2015, it found that governments “collectively made little or no progress” in reducing subsidies. In fact, the OECD found that total global subsidies nearly doubled in each 2021 and 2022.</p>
<p><iframe id="jgucE" class="tc-infographic-datawrapper" src="https://datawrapper.dwcdn.net/jgucE/2/" height="400px" width="100%" style="border: 0;" scrolling="no" frameborder="0"></iframe></p>
<h2>Why are fossil fuel subsidies so difficult to eliminate?</h2>
<p>There are several the reason why fossil fuel subsidies are difficult to eliminate. Many subsidies directly impact the prices incurred by fossil fuel producers, so reducing subsidies tends to end in higher prices for consumers. Because fossil fuels affect nearly every sector of the economy, rising fuel costs increase the costs of countless goods and services. </p>
<p>Subsidy reform tends to have a broad impact and is consistently inflationary. And if not rigorously planned, subsidy cuts may be regressive, forcing low-income residents to spend a bigger percentage of their income on energy.</p>
<p>Even in countries where there&#8217;s broad support for robust climate policies, subsidies are being reduced <a href="https://www.iisd.org/gsi/sites/default/files/politics_ffs.pdf">may be deeply unpopular</a> and perhaps even <a href="https://www.reuters.com/world/africa/deluge-protests-fuel-subsidies-prove-hard-abolish-2024-08-08/">cause public unrest</a>. </p>
<figure class="align-center ">
<div class="placeholder-container" style="--aspect-ratio-percent:66.71087533156499%;--background-color:#31515c"><img decoding="async" alt="Police and soldiers use tear gas to disperse crowds gathered at Eagle Square protesting the rising cost of living following the abolition of petrol subsidies in Abuja." class="lazyload" src="https://images.theconversation.com/files/627373/original/file-20241022-15-z4ydaq.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;fit=clip" srcset="https://images.theconversation.com/files/627373/original/file-20241022-15-z4ydaq.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=1 600w, https://images.theconversation.com/files/627373/original/file-20241022-15-z4ydaq.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=2 1200w, https://images.theconversation.com/files/627373/original/file-20241022-15-z4ydaq.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=3 1800w, https://images.theconversation.com/files/627373/original/file-20241022-15-z4ydaq.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=1 754w, https://images.theconversation.com/files/627373/original/file-20241022-15-z4ydaq.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=2 1508w, https://images.theconversation.com/files/627373/original/file-20241022-15-z4ydaq.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=754&#038;h=503&#038;fit=crop&#038;dpr=3 2262w" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px"></div><figcaption>
              <span class="caption">Police and soldiers use tear gas to disperse a crowd protesting the rising cost of living following the elimination of gasoline subsidies, in Abuja, Nigeria, Aug. 1, 2024.</span><br />
              <span class="attribution"><a class="source" href="https://www.gettyimages.com/detail/news-photo/police-and-soldiers-intervene-with-tear-gas-to-disperse-the-news-photo/2164156787">Emmanuel Osodi/Anadolu via Getty Images</a></span><br />
            </figcaption></figure>
<p>The increase in fossil fuel subsidies in 2021-22 is illustrative. After Russia invaded Ukraine <a href="https://www.oecd-ilibrary.org/agriculture-and-food/oecd-inventory-of-support-measures-for-fossil-fuels-2023_87dc4a55-en;jsessionid=csgpqONmf0w_sb-kYIT-nkKdrhGbKG082tfVHeYi.ip-10-240-5-72">Energy prices rose across Europe</a>. Governments were quick to supply aid to their residents, leading to <a href="https://www.iea.org/topics/fossil-fuel-subsidies">their largest fossil fuel subsidies</a> at all times. Europe had to choose from climate targets and reasonably priced energy and overwhelmingly selected the latter.</p>
<p>Of course, economists note that increasing fossil fuel prices can reduce demand and reduce emissions that drive climate change and harm the environment and human health. Against this background, price spikes offer a possibility for reform. <a href="https://www.imf.org/en/Publications/WP/Issues/2023/08/22/IMF-Fossil-Fuel-Subsidies-Data-2023-Update-537281">As the IMF noted</a>when prices decline after an increase, it “delivers.”[s] An opportune time to cost carbon and native air pollution emissions without necessarily raising energy prices above recent levels.”</p>
</p></div>
<p><em>image credit : theconversation.com</em></p>
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		<title>West Coast recruiting: Oregon&#039;s huge weekend, Boise State&#039;s success in Europe, the most recent from USC and flip season details</title>
		<link>https://bloggingthree.soflytech.com/2024/10/west-coast-recruiting-oregons-huge-weekend-boise-states-success-in-europe-the-most-recent-from-usc-and-flip-season-details/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Fri, 11 Oct 2024 18:03:47 +0000</pubDate>
				<category><![CDATA[Sports]]></category>
		<category><![CDATA[Boise]]></category>
		<category><![CDATA[Coast]]></category>
		<category><![CDATA[details]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[Flip]]></category>
		<category><![CDATA[huge]]></category>
		<category><![CDATA[latest]]></category>
		<category><![CDATA[Oregon39s]]></category>
		<category><![CDATA[recruiting]]></category>
		<category><![CDATA[season]]></category>
		<category><![CDATA[state39s]]></category>
		<category><![CDATA[success]]></category>
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		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=17147</guid>

					<description><![CDATA[Oregon&#39;s moment Arguably essentially the most anticipated game in Autzen Stadium history will happen on Saturday when Oregon plays Ohio State. Although the Ducks have played three home games this season, they&#8217;ve targeted this weekend&#39;s showdown with the second-place Buckeyes as a showcase for potential recruits. And the visitor list is totally wealthy. The Ducks [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" src="https://www.mercurynews.com/wp-content/uploads/2019/11/GettyImages-1192421130.jpg?w=1400px&amp;strip=all" /></p>
<hr>
<h3>Oregon&#39;s moment</h3>
<p>Arguably essentially the most anticipated game in Autzen Stadium history will happen on Saturday when Oregon plays Ohio State.</p>
<p>Although the Ducks have played three home games this season, they&#8217;ve targeted this weekend&#39;s showdown with the second-place Buckeyes as a showcase for potential recruits.</p>
<p>And the visitor list is totally wealthy.</p>
<p>The Ducks will welcome the No. 1 receiver within the country, Dakorien Moore, who transferred to Oregon on July 4. (He&#39;s the fifth-ranked prospect overall, in keeping with 247Sports.)</p>
<p>The top prospects from five states in the category of 2026 are also scheduled to participate:</p>
<p>North Carolina tight end Kendre Harrison (five stars); Utah tight end Brock Harris (five); Oregon edge rusher Tony Cumberland (4), who selected the Ducks; Washington outpoints Derek Colman-Brusa (4); and Nevada athlete Jett Washington, 4, the nephew of NBA legend Kobe Bryant.</p>
<p>Additionally, Oregon State&#39;s No. 1 prospect within the 2027 class might be at Autzen Stadium on Saturday night: four-star Josiah Molden, the son of former Duck star and NFL first-round pick Alex Molden.</p>
<p>Oregon coach Dan Lanning has achieved an unprecedented level of recruiting in Eugene, even in comparison to the high standards set by his predecessor, Mario Cristobal.</p>
<p>And that is Lanning&#39;s moment.</p>
<h3>Flip season</h3>
<p>Oregon State secured a win of its own when the Beavers convinced Wyoming tight end Logan Knapp to go to Corvallis last weekend after which celebrated the news that Knapp had decommitted from the Cowboys and chosen the Beavers. (He is projected to be an edge rusher for OSU.)</p>
<p>But there are two other significant prospects committed to running conference schools on the West Coast who&#8217;ve received interesting offers elsewhere:</p>
<p>– Jaron Keawe Sagapolutele is the No. 1 recruit in Hawaii and a four-star quarterback who committed to Cal over the summer. But his senior season at Campbell High School in Ewa Beach was impressive enough to generate offers from Oregon and Utah.</p>
<p>The Ducks&#39; offer is critical because Sagapolutele&#39;s favorite player is Oregon quarterback Dillon Gabriel, whose passing record on Oahu was broken by Sagapolutele.</p>
<p>And keep watch over Notre Dame, which had kept Sagapolutele warm in case the Irish lose Deuce Knight, who transferred to Auburn. USC did the identical with Sagapolutele while the Trojans ride the Julian Lewis rollercoaster.</p>
<p>— Meanwhile, Zac Stascausky, Oregon State&#39;s No. 2 highschool recruit, transferred his own commitment from Minnesota to Washington in August. But because the start of the season, the newly minted four-star prospect has added offers from Georgia, Oregon and UCLA.</p>
<p>He&#39;s already turned around once, and turning him around again may very well be an extended shot. But he lives in Oregon and three of his former training partners at B12 Performance have signed to play for Ducks offensive line coach A&#39;Lique Terry in 2024.</p>
<h3>Broncos are going global</h3>
<p>Boise State&#39;s brand has never been hotter, thanks largely to Heisman Trophy candidate Ashton Jeanty, who leads the nation within the race by a large margin.</p>
<p>Head coach Spencer Danielson isn&#39;t just benefiting locally or nationally. It&#39;s going international.</p>
<p>This week alone, the Broncos received commitments from two European products: safety Arthur de Boachie, who&#8217;s originally from the Netherlands and now plays on the NFL Academy within the United Kingdom; and German-born Daniil Starykh, an offensive lineman.</p>
<p>Apparently the Blue Turf has crossed the pond and the Bronco brand is making its way into Europe.</p>
<p>Of course, they&#39;ve all the time had success in Southern California, and Tahj Crutchfield, a cornerback from Rancho Cucamonga, committed to the Broncos last week.</p>
<p>And in LaGary Mitchell Jr., the son of former Bronco linebacker LaGary Mitchell, they brought in a top-five player within the state within the 2026 class.</p>
<h3>USC turns south</h3>
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<p>There has been a number of talk in regards to the Trojans&#39; recruiting efforts in SEC country. They have won some duels only to lose those engagements later.</p>
<p>So because the Trojans wait for the frontrunners to unfold within the 2024-25 recruiting cycle, they&#39;re pleased to simply accept a commitment from Miami defensive lineman Floyd Boucard, a three-star prospect.</p>
<p>That he was once committed to Oklahoma, where USC coach Lincoln Riley still lives rent free within the minds of Sooner fans, probably makes it even sweeter.</p>
<hr>
</p>
<p><em>image credit : www.mercurynews.com</em></p>
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		<title>Apple is popping AirPods into hearing aids, underscoring its efforts to capture the large healthcare market</title>
		<link>https://bloggingthree.soflytech.com/2024/10/apple-is-popping-airpods-into-hearing-aids-underscoring-its-efforts-to-capture-the-large-healthcare-market/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Mon, 07 Oct 2024 19:46:41 +0000</pubDate>
				<category><![CDATA[Health]]></category>
		<category><![CDATA[aids]]></category>
		<category><![CDATA[AirPods]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[capture]]></category>
		<category><![CDATA[efforts]]></category>
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		<category><![CDATA[hearing]]></category>
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		<category><![CDATA[market]]></category>
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		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=16830</guid>

					<description><![CDATA[Soon you would possibly not be drowning out individuals with AirPods in your ears &#8211; they is likely to be wearing them to listen to you higher. Apple announced Monday that its AirPods Pro 2 headphones will develop into an FDA-approved hearing aid through a software update in the approaching weeks. That means adults with [&#8230;]]]></description>
										<content:encoded><![CDATA[<p></p>
<div id="RegularArticle-ArticleBody-5" data-module="ArticleBody" data-test="articleBody-2" data-analytics="RegularArticle-articleBody-5-2"><span class="HighlightShare-hidden" style="top:0;left:0"></span></p>
<div class="group">
<p>Soon you would possibly not be drowning out individuals with AirPods in your ears &#8211; they is likely to be wearing them to listen to you higher.</p>
<p>Apple announced Monday that its AirPods Pro 2 headphones will develop into an FDA-approved hearing aid through a software update in the approaching weeks. That means adults with mild or moderate hearing loss — about 30 million Americans, in line with the Food and Drug Administration — can use Apple earbuds to raised amplify certain sounds they need to hear.</p>
<p>&#8220;After you take a hearing test, your AirPods Pro transform into a personalized hearing aid that amplifies the specific sounds you need in real time, such as parts of speech or elements in your environment,&#8221; Apple&#39;s vice chairman of health, Sumbul Desai, said in Introductory video of the feature.</p>
<p>According to RBC Capital Markets, the announcement is the newest example of Apple&#39;s technique to penetrate the healthcare industry, a possible $15 trillion market by 2030. Apple CEO Tim Cook has identified healthcare features because the &#8220;most important contribution “Company for Humanity”.</p>
<p>That strategy includes developing FDA-approved features for its wearable products and replacing often more expensive purpose-built medical devices. Since 2020, Apple has added an irregular heartbeat notification service, an atrial fibrillation reader and an electrocardiogram reader to its Apple Watch, according to FDA filings.</p>
<p>The new feature is a free software update for some AirPods models that will be included in Apple&#39;s $249 AirPods Pro 2.</p>
<p>According to buying guides, many over-the-counter hearing aids are much more expensive <a href="https://www.hearingloss.org/hearing-help/technology/otc-hearing-aids/" goal="_blank" rel="noopener">quoted by</a> the Hearing Loss Association of America, an advocacy group. While some OTC hearing aids cost as little as $99, most range from $799 to several thousand dollars.</p>
<p>&#8220;The really cool thing about Apple now saying its AirPods could be over-the-counter hearing aids is that we&#39;re seeing this technology innovation at a price and in a product that could be very mainstream,&#8221; said Barbara Kelley, executive director of the Hearing Loss Association of America.</p>
<p>Apple is trying to boost AirPods sales after a few weak years.</p>
<p>The company doesn&#39;t break out AirPods stats individually, but the wearables category fell 2% annually in the most recent quarter for which sales are available. Analysts say adding health features like a hearing aid expands the market for the device, which could boost sales.</p>
<p>“The hearing aid is a very specific use case,” said Gene Munster, founder of Deepwater Asset Management, who estimates that AirPods account for about 5% of Apple’s total sales. “It opens it up to a different market.”</p>
</div>
<h2 class="ArticleBody-subtitle"><a id="headline0"></a>How it works</h2>
<div class="group">
<p>The Apple listening experience requires a pair of Apple AirPods Pro headphones and an iPhone.</p>
<p>The company has integrated a hearing test into its devices in the Settings app. After the program checks that the headphones fit properly on the user&#39;s ears, it plays a series of tones for about five minutes. The user has to tap the screen when they hear a sound.</p>
<p>This creates a profile of different frequencies and volume settings that the user may not be able to hear, which are stored in the Health app. This profile can be applied to turn the AirPods Pro into personalized hearing aids.</p>
<p>Apple said the test was scientifically valid and based on data the company collected with its sound recognition apps and a study of 160,000 participants that began in 2019.</p>
<p>In <a href="https://youtu.be/uarNiSl_uh4?t=2269" goal="_blank" rel="noopener">a promotional video</a>Apple showed a mother using AirPods on her birthday to help her son hear better.</p>
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<h2 class="ArticleBody-subtitle"><a id="headline1"></a>Over the counter</h2>
<div class="group">
<p>Apple&#39;s launch was spurred by a recent regulatory change.</p>
<p>Previously, all hearing aids required a prescription, which had to be completed after testing by a licensed audiologist. In 2022, the FDA opened the market to over-the-counter hearing aids, which were significantly cheaper through the use of audio testing software or at-home fitting.</p>
<p>However, Apple&#39;s AirPods won&#39;t immediately make other hearing aids obsolete.</p>
<p>Among its limitations is the battery, which lasts six hours. That&#39;s not enough for all-day wear that some OTC hearing aids can handle.</p>
<p>In addition, the AirPods Pro are only suitable for people with mild to moderate hearing loss, i.e. people who have difficulty understanding speech in noisy environments. Anyone with “severe” or “profound” hearing loss still needs to see a licensed audiologist, experts said.</p>
<p>Apple&#39;s hearing aids were <a href="https://www.fda.gov/news-events/press-announcements/fda-authorizes-first-over-counter-hearing-aid-software" goal="_blank" rel="noopener">deleted</a> from the FDA on Thursday. The agency said Apple&#39;s hearing test was evaluated in a study of 118 subjects in the U.S., with &#8220;comparable results&#8221; to professional fitting, and was approved through a de novo process, which includes medical devices without a clear predecessor on the market regulated.</p>
<p>Bridget Dobyan, executive director of the Hearing Industries Association, said she welcomed Apple&#39;s entry into the market to raise awareness of hearing health, but there are still many hearing loss situations that require a medical approach.</p>
<p>“OTC hearing aids may be appropriate for adults with mild to moderate hearing loss, but visiting a licensed hearing care professional can also help determine individual hearing health needs,” Dobyan said.</p>
<p>It&#39;s not uncommon for Apple&#39;s foray into the healthcare industry to be criticized by mainstream companies who claim the tech company&#39;s features aren&#39;t a replacement for real medical devices.</p>
<p>For example, Joe Kiani, CEO of Masimo, a medical device company currently engaged in an intellectual property and trade practices dispute with Apple, <a href="https://www.bloomberg.com/news/articles/2024-01-18/masimo-ceo-says-users-are-better-off-without-apple-s-oxygen-tool" goal="_blank" rel="noopener">said earlier this year</a> that the Apple Watch&#39;s pulse oximeter feature &#8220;masqueraded&#8221; as a &#8220;reliable, medical-grade pulse oximeter.&#8221;</p>
<p>After a legal victory over patents, Masimo forced Apple in January to turn off the pulse oximeter on newly sold Apple Watch devices.</p>
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		<title>Rising NFL valuations mean huge profits for owners</title>
		<link>https://bloggingthree.soflytech.com/2024/09/rising-nfl-valuations-mean-huge-profits-for-owners/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Fri, 06 Sep 2024 11:53:28 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[huge]]></category>
		<category><![CDATA[NFL]]></category>
		<category><![CDATA[owners]]></category>
		<category><![CDATA[profits]]></category>
		<category><![CDATA[rising]]></category>
		<category><![CDATA[valuations]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=14021</guid>

					<description><![CDATA[A National Football League team is now a $6.5 billion business. That&#39;s the typical value of the NFL&#39;s 32 franchises, in accordance with CNBC&#39;s official 2024 NFL Team Valuations. Professional football teams are a lucrative asset for the owners of the most well-liked U.S. sports league: The returns they&#8217;ve earned on their initial investments dwarf [&#8230;]]]></description>
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<div id="SpecialReportArticle-ArticleBody-6" data-module="ArticleBody" data-test="articleBody-2" data-analytics="SpecialReportArticle-articleBody-6-2"><span class="HighlightShare-hidden" style="top:0;left:0"></span></p>
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<div class="InlineVideo-inlineThumbnailContainer"><img decoding="async" class="InlineVideo-videoThumbnail" src="https://image.cnbcfm.com/api/v1/image/108029647-17255426071725542603-36130742561-1080pnbcnews.jpg?v=1725542606&#038;w=750&#038;h=422&#038;vtcrop=y" alt="CNBC&#39;s official NFL team ratings for 2024: How the franchises fare"><span class="InlineVideo-videoButton"></span><span></span></div>
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<p>A National Football League team is now a $6.5 billion business.</p>
<p>That&#39;s the typical value of the NFL&#39;s 32 franchises, in accordance with CNBC&#39;s official 2024 NFL Team Valuations. Professional football teams are a lucrative asset for the owners of the most well-liked U.S. sports league: The returns they&#8217;ve earned on their initial investments dwarf the gains of traditional stocks over equivalent periods.</p>
<p>Take, for instance, the Houston Texans, No. 11 in CNBC&#39;s 2024 value rankings. In 1999, the last time the NFL expanded, the late Robert McNair agreed to purchase the rights to the franchise for a purchase order price of $600 million, which takes under consideration the payment structure and the worth of a deal over time. The Texans at the moment are price $6.35 billion, greater than ten times McNair&#39;s transfer fee and 3 times the profits of the <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="SpecialReportArticle-QuoteInBody-3">S&#038;P500<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    since this 12 months.</p>
<p>That&#39;s not bad for a team that has a record of 152-202-1 in its 22 seasons and has never made it to the Super Bowl.</p>
<p>And Texans should not alone.</p>
<p>Of the last 10 NFL teams sold, seven have outperformed the S&#038;P 500 on a percentage basis within the period for the reason that sale. The Washington Commanders and Denver Broncos &#8212; No. 13 and No. 14 on CNBC&#39;s list of 2024 team valuations &#8212; have lagged overall market gains and, notably, were sold throughout the last two years. The Miami Dolphins, No. 8 on CNBC&#39;s list, also lag the S&#038;P but were last sold in 2009, when the stock market was getting back from a low point following the slumps through the 2007-08 financial crisis.</p>
</div>
<h2 class="ArticleBody-subtitle"><a id="headline0"></a>Rising rankings</h2>
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<p>The increase in the worth of football teams is basically the results of the league&#39;s massive and growing media contracts.</p>
<p>The NFL’s current television contracts with <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="SpecialReportArticle-QuoteInBody-8">Comcast,<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span> <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="SpecialReportArticle-QuoteInBody-9">Disneys,<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span> <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="SpecialReportArticle-QuoteInBody-10">Outstanding<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    And <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="SpecialReportArticle-QuoteInBody-11">Fox,<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    The contracts that began last season are price a mean of $9.2 billion per 12 months, 85 percent greater than previous deals.</p>
<p>Add the streaming offers with <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="SpecialReportArticle-QuoteInBody-12">YouTube<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    for NFL Sunday Ticket and with <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="SpecialReportArticle-QuoteInBody-13">Amazon Prime<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    For Thursday Night Football, the NFL is guaranteed a mean of $12.4 billion per 12 months through 2032 – nearly double the $6.48 billion it earned annually during its previous media rights cycle.</p>
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<p>In addition to those bulk deals, the league increased its media revenue by selling additional streaming games.</p>
<p>Last season, the NFL sold exclusive streaming rights to a Wild Card playoff game to Comcast&#39;s Peacock streaming service for $110 million, in accordance with an individual conversant in the deal.</p>
<p>The league sold three exclusive streaming packages for this season: two games on Christmas Day on <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="SpecialReportArticle-QuoteInBody-14">Netflix<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    for a complete of $150 million; a Wild Card game on Amazon Prime for $120 million; and a global regular-season game on Peacock for $80 million, in accordance with the person conversant in the deals. The league is anticipated to receive about $200 million for its Sunday Ticket industrial rights, which bring numerous NFL games to bars and restaurants, in accordance with the person conversant in the matter.</p>
<p>Combined, total media rights fees amount to $357 million per team (up from $325 million in 2023).</p>
<p>CNBC sources requested anonymity to debate details of the deals, which should not publicly available.</p>
</div>
<div class="group">
<p>A rising tide lifts all boats within the NFL. The 32 teams split revenue from national media contracts equally, together with money from league-wide sponsorship and licensing deals and 34% of gate receipts. In 2023, $13.68 billion, or 67% of the NFL&#39;s $20.47 billion in revenue, was split evenly.</p>
<p>When such high revenue sharing is combined with a salary cap that limits player spending to about 49% of revenue, teams in small markets like Green Bay, Wisconsin, and Buffalo, New York, can compete with teams in large markets like New York and Los Angeles. The small-market Kansas City Chiefs, No. 18 in CNBC&#39;s 2024 rankings rankings, have won the last two Super Bowls and three of the last five.</p>
<p>But there continues to be an enormous difference between the teams&#39; values, largely resulting from the stadiums. Teams don&#8217;t receive a share of the revenue generated from luxury suites, on-site restaurants, merchandise stores, sponsorships or non-NFL events at their stadiums.</p>
<p>Last 12 months it made a much bigger difference than usual.</p>
</div>
<div class="group">
<p>Pop star Taylor Swift performed at several NFL stadiums as a part of her successful Eras Tour last 12 months, including SoFi Stadium in Los Angeles, Raymond James Stadium in Tampa Bay, Gillette Stadium in New England and Lincoln Financial Field in Philadelphia. An Eras Tour stop generated $4 million in revenue per show for the host stadium, in accordance with an individual conversant in the matter who spoke on the condition of anonymity to debate confidential information.</p>
<p>The Dolphins&#39; Hard Rock Stadium, which can also be a stop on the Eras Tour, brought in greater than $30 million last 12 months from college football games, soccer matches, live shows, festivals and tennis matches &#8211; and that quantity could double this 12 months, in accordance with an individual conversant in the matter.</p>
</div>
<h2 class="ArticleBody-subtitle"><a id="headline1"></a>Return on investment</h2>
<div class="group">
<p>In addition, the revenue sharing and salary cap agreements make the league very profitable.</p>
<p>During the 2023 season, the 32 NFL teams generated average revenue of $640 million and average operating income (earnings before interest, taxes, depreciation, and amortization) of $127 million. The typical NFL team has an EBITDA margin of 19%.</p>
<p>The NFL&#39;s financial success led to higher bonuses for team sales.</p>
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<p>Two years ago <span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="SpecialReportArticle-QuoteInBody-15">Walmart<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    Heir Rob Walton bought the Denver Broncos for $4.65 billion, or 8.8 times the team&#39;s revenue. But nowadays, a possible owner is unlikely to pay lower than 10 times revenue for a team. The average value-to-revenue ratio in CNBC&#39;s rating of all 32 teams for 2024 is 10.2.</p>
<p>Last 12 months, private equity billionaire Josh Harris bought the Washington Commanders for $6.05 billion, or 11 times revenue. Earlier this 12 months, a possible owner considered buying the Tampa Bay Buccaneers for about $6 billion, which might have valued the team at 9.4 times revenue, in accordance with two people conversant in the matter.</p>
<p>When teams change hands, they prove to be a sensible investment.</p>
<p>The league&#39;s most precious team, the Dallas Cowboys, are price $11 billion &#8211; 73 times what owner Jerry Jones paid for the team in 1989. The S&#038;P 500 has risen just 18 times since Jones bought the Cowboys.</p>
<p>The Cowboys had by far the best revenue of any team within the league last 12 months at $1.22 billion and the best operating income at $550 million, largely resulting from sponsorship revenue. Dallas is approaching an NFL high of $250 million in sponsorship revenue, in accordance with CNBC sources.</p>
</div>
<div class="group">
<p>The Los Angeles Rams, ranked No. 2 on CNBC&#39;s 2024 valuation list, were also No. 2 in revenue with $825 million. The Rams were also No. 2 in sponsorship revenue within the league and made a tidy sum by hosting greater than 25 non-football events at SoFi Stadium, including six sold-out nights of Swift&#39;s Eras Tour and three of Beyoncé&#39;s Renaissance Tour, in addition to live shows by Ed Sheeran, Metallica and Pink.</p>
<p>The Rams, who were in St. Louis when sports and entertainment mogul Stanley Kroenke bought the team for $750 million in 2010, at the moment are price $8 billion. Even when factoring within the $550 million relocation fee Kroenke needed to pay the league to maneuver the team to Los Angeles, in addition to a $571 million settlement fee related to the legal challenges of the move, his investment is greater than 4 times as much.</p>
<p>The rise in the worth of NFL teams explains why private equity firms can&#39;t wait to speculate within the league.</p>
<p>For several years, Major League Baseball, the National Basketball Association, the National Hockey League and Major League Soccer have allowed institutional investors to buy limited partnership interests in teams. European soccer leagues akin to the English Premier League have done in order well.</p>
<p>The NFL followed suit just last week. The league&#39;s owners voted to permit a select group of personal equity firms &#8211; Ares Management, Sixth Street Partners, Arctos Partners and an investor consortium including Dynasty Equity, Blackstone, Carlyle Group, CVC Capital Partners and Ludis &#8211; to purchase as much as 10% of shares in NFL franchises. The firms have committed $12 billion in capital over time, people conversant in the matter told CNBC.</p>
<p>Allowing private equity firms to speculate within the league is meant to make it easier to finance the acquisition of a team.</p>
<p>Even the lowest-valued team on CNBC&#39;s list, the Cincinnati Bengals, are price $5.25 billion.</p>
<p>Factoring within the league&#39;s maximum allowable debt of $1.4 billion, that leaves an equity burden of $3.8 billion. Assuming a general partner holds the required 30%, limited partners must contribute a complete of $2.7 billion to get in the sport.</p>
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<p><a href="https://www.cnbcevents.com/game-plan-2024/?utm_source=dotcom&amp;utm_medium=cnbcsport&amp;utm_campaign=GP" target="_blank" rel="noopener"></a></p>
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<p><em>image credit : www.cnbc.com</em></p>
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		<title>The domestication of horses had a huge effect on human society – latest scientific findings make clear when and where this primary happened</title>
		<link>https://bloggingthree.soflytech.com/2024/09/the-domestication-of-horses-had-a-huge-effect-on-human-society-latest-scientific-findings-make-clear-when-and-where-this-primary-happened/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Tue, 03 Sep 2024 18:30:36 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[clarify]]></category>
		<category><![CDATA[domestication]]></category>
		<category><![CDATA[findings]]></category>
		<category><![CDATA[happened]]></category>
		<category><![CDATA[horses]]></category>
		<category><![CDATA[huge]]></category>
		<category><![CDATA[Human]]></category>
		<category><![CDATA[impact]]></category>
		<category><![CDATA[scientific]]></category>
		<category><![CDATA[society]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=13754</guid>

					<description><![CDATA[In all of human history, no other animal has influenced human society as much because the horse. But when and the way humans domesticated horses is a scientific mystery. Half 1,000,000 years ago or more, early human ancestors hunted horses with picket spears, the first weaponsand used their bones for early tools. During the late [&#8230;]]]></description>
										<content:encoded><![CDATA[<p></p>
<div itemprop="articleBody">
<p>In all of human history, no other animal has influenced human society as much because the horse. But when and the way humans domesticated horses is a scientific mystery. </p>
<p>Half 1,000,000 years ago or more, early human ancestors hunted horses with picket spears, the <a href="https://doi.org/10.1073/pnas.2320484121">first weapons</a>and used their bones for early tools. During the late Paleolithic period, 30,000 years ago or more, ancient artists selected wild horses as their muse: horses are the <a href="https://www.newscientist.com/article/2223567-stone-age-artists-were-obsessed-with-horses-and-we-dont-know-why">most often depicted animal in Eurasian cave art</a>.</p>
<p>After their first domestication, horses became <a href="https://www.shh.mpg.de/398736/mongolias-nomadic-horse-culture">Basis of shepherd life</a> within the grassland of <a href="https://www.britannica.com/place/the-Steppe">Inner Asia</a>and necessary technological advances akin to <a href="https://doi.org/10.15184/aqy.2021.146">the chariot</a>, <a href="https://doi.org/10.15184/aqy.2023.172">Saddle and stirrups</a> contributed to horses becoming an important technique of transport for travel, communication, agriculture and war in much of the traditional world. With the assistance of sea travel, these animals eventually reached the coasts of all major land masses &#8211; even Antarctica for a short while.</p>
<p>As they spread, horses modified the ecology, social structures and economy on an unprecedented scale. Ultimately, only industrial mechanization displaced their almost universal role in society.</p>
<p>Because of their enormous influence on our shared human history, researching when, why and the way horses were domesticated is a vital step in understanding the world we live in today.</p>
<p>Doing so has proven surprisingly difficult. In my latest book,<a href="https://www.ucpress.edu/book/9780520380677/hoof-beats">Hoofbeat: How horses shaped human history</a>” I compile latest archaeological evidence that revises what <a href="https://scholar.google.com/citations?user=mlo_aD8AAAAJ&#038;hl=en&#038;oi=sra">Scientists like me</a> thought we knew about this story.</p>
<figure class="align-center zoomable">
<div class="placeholder-container" style="--aspect-ratio-percent:95.49071618037135%;--background-color:#644d3d"><img decoding="async" alt="Bones wrapped in cloth on the grass, horse statues in the background" class="lazyload" src="https://images.theconversation.com/files/592464/original/file-20240506-20-94f4xe.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;fit=clip" srcset="https://images.theconversation.com/files/592464/original/file-20240506-20-94f4xe.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=600&#038;h=573&#038;fit=crop&#038;dpr=1 600w, https://images.theconversation.com/files/592464/original/file-20240506-20-94f4xe.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=600&#038;h=573&#038;fit=crop&#038;dpr=2 1200w, https://images.theconversation.com/files/592464/original/file-20240506-20-94f4xe.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=600&#038;h=573&#038;fit=crop&#038;dpr=3 1800w, https://images.theconversation.com/files/592464/original/file-20240506-20-94f4xe.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;h=720&#038;fit=crop&#038;dpr=1 754w, https://images.theconversation.com/files/592464/original/file-20240506-20-94f4xe.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=754&#038;h=720&#038;fit=crop&#038;dpr=2 1508w, https://images.theconversation.com/files/592464/original/file-20240506-20-94f4xe.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=754&#038;h=720&#038;fit=crop&#038;dpr=3 2262w" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px"></div><figcaption>
              <span class="caption">Horses have long been worshipped within the steppes of Inner Asia, as evidenced by the horse skulls and prayer flags at this monument to racehorses in central Mongolia.</span><br />
              <span class="attribution"><span class="source">William Taylor</span></span><br />
            </figcaption></figure>
<h2>A hypothesis on the domestication of horses</h2>
<p>Over the years, almost each time and place on Earth has been suggested as a possible origin of horse domestication, from Europe tens of hundreds of years ago to places like Saudi Arabia, Anatolia, China, and even the Americas.</p>
<p>However, by far probably the most predominant model for the domestication of horses was the Indo-European hypothesis, also generally known as <a href="https://www.scientificamerican.com/article/new-evidence-fuels-debate-over-the-origin-of-modern-languages/">the “Kurgan hypothesis”.</a> It is argued that sometime within the fourth millennium BC or earlier, the inhabitants of the steppes of western Asia and the Black Sea, generally known as the Yamnaya, who built large burial mounds called kurgans, were hopping around on horses. The new-found mobility of those early riders, <a href="https://press.princeton.edu/books/paperback/9780691148182/the-horse-the-wheel-and-language">The story continues</a>helped trigger large-scale migrations across the continent and spread ancient Indo-European languages ​​and cultures throughout Eurasia.</p>
<p>But what evidence supports the Kurgan hypothesis concerning the domestication of the primary horse? Many of an important clues come from the bones and teeth of prehistoric animals, over a <a href="https://academic.oup.com/edited-volume/28022/chapter-abstract/211834206?redirectedFrom=fulltext">Discipline generally known as archaeozoology</a>Over the past 20 years, archaeozoological data have looked as if it would point to the concept horses were first domesticated at sites of the Botai culture in Kazakhstan, where scientists have found large quantities of horse bones at sites dating to the fourth millennium BC.</p>
<p><iframe id="yjoeb" class="tc-infographic-datawrapper" src="https://datawrapper.dwcdn.net/yjoeb/3/" height="400px" width="100%" style="border: 0;" scrolling="no" frameborder="0"></iframe></p>
<p>Other varieties of compelling evidence piled up. Archaeologists discovered evidence of what looked like holes in fence posts that will have been a part of old corrals. They also found <a href="https://doi.org/10.1126/science.1168594">Ceramic shards with greasy horse stays</a> Isotope measurements suggest that they were deposited in the course of the summer months, a time when milk from domestic horses might be collected. </p>
<p>However, the scientific evidence for the early domestication of the horse was a series of <a href="https://doi.org/10.1126/science.1168594">Changes within the teeth of some Botai horses</a> and jaw bones. Like the teeth of many modern and ancient riding horses, the teeth of the Botai horses appeared to have been worn down by a bridle or bit. </p>
<p>Taken together, the info strongly suggested that the horse was domesticated in northern Kazakhstan around 3500 BC—not quite within the homeland of the Yamnaya Islands, but geographically close enough to sustain the fundamental Kurgan hypothesis.  </p>
<p>Some facets of the Botai story, nonetheless, never quite fit together. From the start, several studies showed that the combo of horse stays found at Botai was different from that of most later pastoral cultures: Botai is made up of equal parts female and male horses, mostly of healthy reproductive age. Regularly killing healthy, reproductive animals like this might devastate a breeding herd. But this demographic mix is ​​common amongst animals that were hunted. Some Botai horses even have projectile points of their ribs, showing that they died from hunting relatively than a controlled slaughter.</p>
<p>These unresolved open questions overshadowed a fundamental consensus linking the Botai culture to the domestication of horses. </p>
<figure class="align-center zoomable">
<div class="placeholder-container" style="--aspect-ratio-percent:66.57824933687002%;--background-color:#333a4d"><img decoding="async" alt="Upper and lower jaw of a horse, teeth visible" class="lazyload" src="https://images.theconversation.com/files/592465/original/file-20240506-16-hlux13.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;fit=clip" srcset="https://images.theconversation.com/files/592465/original/file-20240506-16-hlux13.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=1 600w, https://images.theconversation.com/files/592465/original/file-20240506-16-hlux13.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=2 1200w, https://images.theconversation.com/files/592465/original/file-20240506-16-hlux13.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=3 1800w, https://images.theconversation.com/files/592465/original/file-20240506-16-hlux13.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;h=502&#038;fit=crop&#038;dpr=1 754w, https://images.theconversation.com/files/592465/original/file-20240506-16-hlux13.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=754&#038;h=502&#038;fit=crop&#038;dpr=2 1508w, https://images.theconversation.com/files/592465/original/file-20240506-16-hlux13.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=754&#038;h=502&#038;fit=crop&#038;dpr=3 2262w" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px"></div><figcaption>
              <span class="caption">Horse bones from archaeological sites contain evidence of humanity&#39;s earliest relationship with horses.</span><br />
              <span class="attribution"><span class="source">Peter Bittner</span></span><br />
            </figcaption></figure>
<h2>New scientific instruments raise latest questions</h2>
<p>In recent years, with the rapid improvement of archaeological and scientific tools, necessary assumptions concerning the Botai, Yamnaya cultures and the early chapters of human-horse history have been refuted.</p>
<p>First, improved biomolecular tools show that whatever happened in Botai had little to do with the domestication of horses alive today. In 2018, nuclear genome sequencing revealed that Botai horses weren&#8217;t the ancestors of domestic horses, but of <a href="https://www.scientificamerican.com/article/przewalskis-horses-are-finally-returning-to-their-natural-habitat/">Przewalski&#39;s horse</a>a wild relative and steppe dweller who, not less than in recorded history, has never been domesticated. </p>
<p>When my colleagues and I then examined the skeletal features related to horse riding at Botai, we found that <a href="https://doi.org/10.1038/s41598-021-86832-9">Similar problems will also be observed in wild horses from the Ice Age</a> from North America that was definitely never ridden. Although riding may cause noticeable changes to teeth and jaw bones, we reasoned that the small problems observed in Botai horses may possibly be related to natural variation or life history.</p>
<p>This finding raises the query again: were there any horse transports in Botai in any respect? </p>
<figure class="align-center zoomable">
<div class="placeholder-container" style="--aspect-ratio-percent:66.57824933687002%;--background-color:#ad7151"><img decoding="async" alt="Man looking at large jawbone with teeth under a bright light" class="lazyload" src="https://images.theconversation.com/files/592466/original/file-20240506-18-55abdb.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;fit=clip" srcset="https://images.theconversation.com/files/592466/original/file-20240506-18-55abdb.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=1 600w, https://images.theconversation.com/files/592466/original/file-20240506-18-55abdb.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=2 1200w, https://images.theconversation.com/files/592466/original/file-20240506-18-55abdb.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=600&#038;h=400&#038;fit=crop&#038;dpr=3 1800w, https://images.theconversation.com/files/592466/original/file-20240506-18-55abdb.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;h=502&#038;fit=crop&#038;dpr=1 754w, https://images.theconversation.com/files/592466/original/file-20240506-18-55abdb.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=754&#038;h=502&#038;fit=crop&#038;dpr=2 1508w, https://images.theconversation.com/files/592466/original/file-20240506-18-55abdb.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=754&#038;h=502&#038;fit=crop&#038;dpr=3 2262w" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px"></div><figcaption>
              <span class="caption">Researcher Chance Ward examines a horse jawbone in an archaeological laboratory in Wyoming.</span><br />
              <span class="attribution"><span class="source">Peter Bittner</span></span><br />
            </figcaption></figure>
<h2>Leaving the Kurgan hypothesis prior to now</h2>
<p>Over the previous couple of years, the try to understand the archaeological evidence referring to the domestication of the horse has turn out to be an increasingly controversial matter.</p>
<p>For example, in 2023, archaeologists found that human hip and leg skeletal problems present in Yamnaya and early Eastern European graves were very much like problems seen in mounted riders, consistent with the Kurgan hypothesis. But problems like these will be brought on by other varieties of animal transport, including <a href="https://doi.org/10.1016/j.jchb.2017.05.004">Cattle carts found at Yamnaya-period sites</a>.  </p>
<p>So how should archaeologists interpret these contradictory signals?</p>
<p>A clearer picture could also be closer than we predict. An in depth genomic study of early Eurasian horses, published in <a href="https://doi.org/10.1038/s41586-024-07597-5">June 2024 within the journal Nature</a>shows that Yamnaya horses weren&#8217;t the ancestors of the primary domesticated horses, generally known as the DOM2 lineage. And Yamnaya horses showed no genetic evidence of tight control of reproduction, akin to changes related to inbreeding.</p>
<p>Instead, the primary DOM2 horses appear shortly before 2000 BC, long after the Yamnaya migrations and shortly before the primary horse and chariot burials appear within the archaeological finds.</p>
<figure class="align-right zoomable">
<div class="placeholder-container" style="--aspect-ratio-percent:133.33333333333331%;--background-color:#a06b58"><img decoding="async" alt="Three people crouch on muddy ground, with a large white jawbone visible between them" class="lazyload" src="https://images.theconversation.com/files/616113/original/file-20240828-16-mpor4w.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=237&#038;fit=clip" srcset="https://images.theconversation.com/files/616113/original/file-20240828-16-mpor4w.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=600&#038;h=800&#038;fit=crop&#038;dpr=1 600w, https://images.theconversation.com/files/616113/original/file-20240828-16-mpor4w.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=600&#038;h=800&#038;fit=crop&#038;dpr=2 1200w, https://images.theconversation.com/files/616113/original/file-20240828-16-mpor4w.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=600&#038;h=800&#038;fit=crop&#038;dpr=3 1800w, https://images.theconversation.com/files/616113/original/file-20240828-16-mpor4w.jpg?ixlib=rb-4.1.0&#038;q=45&#038;auto=format&#038;w=754&#038;h=1005&#038;fit=crop&#038;dpr=1 754w, https://images.theconversation.com/files/616113/original/file-20240828-16-mpor4w.jpg?ixlib=rb-4.1.0&#038;q=30&#038;auto=format&#038;w=754&#038;h=1005&#038;fit=crop&#038;dpr=2 1508w, https://images.theconversation.com/files/616113/original/file-20240828-16-mpor4w.jpg?ixlib=rb-4.1.0&#038;q=15&#038;auto=format&#038;w=754&#038;h=1005&#038;fit=crop&#038;dpr=3 2262w" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px"></div><figcaption>
              <span class="caption">Archaeologists examine an ancient horse jawbone that melted from mountain ice in western Mongolia.</span><br />
              <span class="attribution"><span class="source">Yancen Diemberger</span>, <a class="license" href="http://creativecommons.org/licenses/by-nd/4.0/">CC BY-ND</a></span><br />
            </figcaption></figure>
<p>At present, all evidence seems to suggest that the domestication of the horse probably occurred within the Black Sea steppes, but much later than the Kurgan hypothesis requires. Rather, human mastery of the horse began shortly before the explosive spread of horses and chariots throughout Eurasia within the early second millennium BC.</p>
<p>Of course, more stays to be determined. In the most recent study, the authors point to some odd patterns within the Botai data, particularly fluctuations in genetic estimates of generation time—essentially, how long it takes on average for a population of animals to supply offspring. Could these suggest that the Botai people were still breeding these wild Przewalski&#39;s horses in captivity, but just for meat, with no role in transportation? Perhaps. Future research will tell us needless to say.</p>
<p>Be that as it might, one thing is evident from these contradictory signals: the primary chapters of the human-horse story should be retold.</p>
</p></div>
<p><em>image credit : theconversation.com</em></p>
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		<title>Donald Trump could receive huge sums of cash from Adelson</title>
		<link>https://bloggingthree.soflytech.com/2024/08/donald-trump-could-receive-huge-sums-of-cash-from-adelson/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Sat, 17 Aug 2024 11:10:23 +0000</pubDate>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[Adelson]]></category>
		<category><![CDATA[Donald]]></category>
		<category><![CDATA[huge]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[receive]]></category>
		<category><![CDATA[sums]]></category>
		<category><![CDATA[Trump]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=12192</guid>

					<description><![CDATA[Billionaire Republican major donor Miriam Adelson appears to be pursuing a blank-check policy on the subject of her support of former President Donald Trump as she seeks to assist him return to the White House. Adelson&#39;s political adviser Andy Abboud was overheard telling attendees of a campaign rally at Trump&#39;s golf club in Bedminster, New [&#8230;]]]></description>
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<p>Billionaire Republican major donor Miriam Adelson appears to be pursuing a blank-check policy on the subject of her support of former President Donald Trump as she seeks to assist him return to the White House.</p>
<p>Adelson&#39;s political adviser Andy Abboud was overheard telling attendees of a campaign rally at Trump&#39;s golf club in <a href="https://www.nbcnews.com/politics/2024-election/trump-says-presidential-civilian-award-better-top-military-honor-whose-rcna166855" target="_blank" rel="noopener">Bedminster, New Jersey</a>said Thursday that regardless of the Republican presidential candidate needs from Adelson, he&#8217;ll get his boss&#39;s support, in line with Abboud and an individual acquainted with the matter.</p>
<p>This person and one other person on this story were granted anonymity to talk freely about private matters.</p>
<p>“We will do whatever it takes to make him win,” Abboud said in a transient telephone interview with CNBC on Friday, confirming these overheard comments. “In their [Adelson&#8217;s] spirit and in the minds of those who lead the political action committee [Preserve America]we will do whatever it takes to make him win.”</p>
<p>He noted that the cash Adelson donates to support Trump won&#8217;t necessarily be unlimited, and didn&#8217;t give a selected figure for a way much the businesswoman might donate to support Trump.</p>
<p>The Preserve America super PAC, which Adelson is co-funding, plans to spend greater than the greater than $100 million it used to oppose President Joe Biden within the 2020 election, David Carney, a senior adviser to the committee, said in a press release to CNBC. Adelson has already <a href="https://docquery.fec.gov/cgi-bin/fecimg/?202407159653486020" target="_blank" rel="noopener">5 million US dollars</a> to the PAC, in line with Federal Election Commission records.</p>
<p>The super PAC can spend and lift unlimited amounts of cash to run against Vice President Kamala Harris, the presumptive Democratic presidential nominee. It has reserved over $40 million price of television ads attacking Harris and supporting Trump through September, in line with data from. <a href="https://x.com/AdImpact_Pol/status/1816817595359670423" target="_blank" rel="noopener">Advertising impact</a>The super PAC will spend about $60 million through Labor Day, in line with an individual acquainted with the matter.</p>
<p>The ads will air in the important thing states of Michigan, Pennsylvania and Wisconsin.</p>
<p>Adelson spoke out in full support of Trump on the New Jersey rally and called on Jewish voters to support him fairly than Harris.</p>
<p>&#8220;President Trump deserves the full support of the entire Jewish people,&#8221; said Adelson, who <a href="https://trumpwhitehouse.archives.gov/medaloffreedom/" target="_blank" rel="noopener">Freedom Medal</a> by Trump in 2018. &#8220;And to anyone who cares about the security and prosperity of Israel, this must be our promise to him &#8211; this must be our promise to him &#8211; that in January he will have the White House again.&#8221;</p>
<p>Abboud&#39;s admission that Adelson will do whatever she will to assist Trump over Harris suggests that she could potentially emerge as considered one of the important thing donors to the previous president&#39;s support by the top of the 2024 election cycle.</p>
<p>Adelson is the widow of the late casino magnate Sheldon Adelson and, in line with <a href="https://www.forbes.com/profile/miriam-adelson/" target="_blank" rel="noopener">Forbes</a>Miriam Adelson and her family own over half of Las Vegas Sands, the casino giant founded by her late husband.</p>
<p>Both Miriam and Sheldon Adelson have been major Trump donors for the reason that 2016 election. Together, they were the most important donors within the 2020 election, giving $200 million to Republicans while giving about $90 million to Preserve America, in line with data from . <a href="https://www.opensecrets.org/elections-overview/biggest-donors?cycle=2020" target="_blank" rel="noopener">Open secrets</a>.</p>
<p>The Super PAC ended up raising just over $105 million and spent most of its money opposing then-President Biden, in line with <a href="https://www.fec.gov/data/committee/C00756882/?cycle=2020&amp;tab=spending" target="_blank" rel="noopener">FEC Records</a>.</p>
<p>The donations got here after the Adelsons gained access to Trump and experienced political successes under his administration, akin to the relocation of the U.S. embassy to <a href="https://www.reuters.com/article/world/why-is-the-us-moving-its-embassy-to-jerusalem-idUSKBN1I810Z/" target="_blank" rel="noopener">Israel</a> from Tel Aviv to Jerusalem.</p>
<p>There is not any indication that Miriam Adelson will stop donating, despite a report from <a href="https://www.nytimes.com/2024/08/10/us/politics/trump-campaign-election.html" target="_blank" rel="noopener">The New York Times</a>citing sources who said Adelson received indignant text messages from a Trump adviser complaining concerning the people running Preserve America.</p>
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<p><em>image credit : www.cnbc.com</em></p>
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