Economy
Yellen Pressed to Back Strong Dollar in Reversing Trump-Era Tone
Janet Yellen once touted the benefits of a weaker greenback for exports, but as the incoming Treasury secretary, she faces pressure to return the U.S. to a “strong-dollar” policy — and may cause trembles on Wall Street if she doesn’t.
The greenback’s tumble this year — it’s heading for the second-biggest drop in the past decade — has already stoked foreign policy makers’ concerns, thanks to the competitive advantage it gives the U.S. Even a tacit endorsement of a weakening dollar could spur tensions with trading partners.
2020: The Year We Sold Our Liberties For A Medical Tyranny (CleanEnergyFan)
It has its Prophets (eg. Neil Ferguson); its Priesthood of experts (eg. Whitty and Vallance); its own Soteriology (eg. The Vaccine of Salvation); its evangelists (eg. Piers Morgan); its own eschatology (eg. The New Normal); and of course its heretics (anyone questioning the data or the narrative).
Not everyone who has adopted the bizarre practices of Covidianity is a Covidian. Many have been cowed into it somewhat unwillingly; many have been bamboozled into it somewhat unwittingly; and many others just do not seem to have thought through what is being done to them, much less whether it is right, necessary and proportionate. But there are definitely true Covidians, and you can recognise them by their insistence that all bow down to their cult, and that those who refuse should be shamed.
Despair is hurting America’s labor markets (thc0655)
There is much to be troubled about in America today. The past few years have exposed deep divisions in the U.S. Many of these are a result of a widening gap between those with opportunities and hope, and those who are falling behind. These divisions are evident in high income inequality, reduced social and geographic mobility, and in gaps across the rich and poor in a range of other outcomes, including in premature mortality.
Federal agency says employers can legally require workers to get COVID vaccine
A federal agency declared last week that employers can legally mandate that employees receive the coronavirus vaccine, or be prohibited from entering the workplace if they refuse.
The guidance came as millions of Pfizer COVID-19 vaccine doses were distributed across the United States, with the first inoculation occurring early last Monday.
Facebook and Twitter have reversed algorithms deployed during the election to prioritize MSM reporting – which, if you recall, peddled the ‘Russian disinformation’ angle on the Hunter Biden laptop story, as opposed to reporting on its content. Also, unrelated we’re sure, Facebook and Twitter execs were giant Biden supporters, and many have joined his transition team and will perhaps be rewarded with positions in his administration.
President Trump makes May Day call to Belém and congratulates Portuguese response to pandemic
US President Donald J Trump has called Portugal’s head of state President Marcelo Rebelo de Sousa this May Day afternoon for a “very cordial” discussion on “diverse subjects of bilateral interest”.
He took the opportunity to “praise the Portuguese response” says a note on the official site of the Portuguese presidency, and “offer all help that may be considered useful and necessary”.
Airlines, unions optimistic that deal on payroll support is close
After months of wrangling, Congress passed a $900 billion coronavirus aid package late Monday that will bring relief to millions of Americans, including tens of thousands in the aviation industry who were furloughed in September.
The deal includes $45 billion in support for the transportation sector, including $15 billion for airlines and $1 billion for airline contractors.
Vaccinations at Chicago-area hospital to resume after 4 workers experience adverse reactions
A north suburban hospital is temporarily pausing coronavirus vaccinations after four workers reported feeling adverse reactions.
Since Thursday, four team members at Advocate Condell Medical Center in Libertyville experienced reactions shortly after receiving the Pfizer COVID-19 vaccination. Their symptoms included tingling and elevated heartrates, the hospital said in a statement.
Environment
A wealth of new research in glacier and sea ice extent show modern Iceland is 2-4°C colder than all of the last 8000 years except for a slightly colder late 19th century. Even the 1700s were warmer with less ice than today in and around Iceland.
A new study (Geirsdóttir et al., 2020) now affirms peak Holocene warmth at least “∼3–4 °C above modern in Iceland” prevailed throughout much of the last 8000 years. Data from tree growth, glacier-induced soil erosion, algae productivity, sea ice biomarker proxies (IP25), and other climate indices affirm these conclusions.
CRISPR Helps Researchers Uncover How Corals Adjust To Warming Oceans
The CRISPR/Cas9 genome editing system can help scientists understand, and possibly improve, how corals respond to the environmental stresses of climate change. Work led by Phillip Cleves—who joined Carnegie’s Department of Embryology this fall—details how the revolutionary, Nobel Prize-winning technology can be deployed to guide conservation efforts for fragile reef ecosystems.
Gold & Silver
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