Economy
Bitcoin soars past $55,000 on George Soros fund endorsement – CNN
Bitcoin is back, and it has a prominent new supporter.
‘Fighting for our future’: Kellogg’s workers at all US cereal plants strike after contract with the cereal maker expires – USA Today
Work at all of the Kellogg Company’s U.S. cereal plants came to a halt Tuesday as roughly 1,400 workers went on strike, but it wasn’t immediately clear how much the supply of Frosted Flakes or any of the company’s other iconic brands would be disrupted.
The strike includes plants in Omaha, Nebraska; Battle Creek, Michigan; Lancaster, Pennsylvania; and Memphis, Tennessee. The union and the Battle Creek-based company have been at an impasse at the bargaining table for more than a year, said Daniel Osborn, president of the local union in Omaha. The dispute involves an assortment of pay and benefits issues such as the loss premium health care, holiday and vacation pay and reduced retirement benefits.
Spain may offer $300 monthly bribes to get adults out of their parents’ houses – Quartz
Spain’s prime minister Pedro Sánchez is worried that too many not-so-young people are still living with their parents well into their thirties.
He announced on Tuesday (Oct. 5) that his government plans to offer adults aged 18 to 35 €250 ($290) a month to spend on rent for up to two years. The initiative, which is part of a broader housing plan, will apply to adults who earn less than €23,725 ($27,398) per year.
Why India is on the brink of an unprecedented power crisis – BBC
India is on the brink of an unprecedented power crisis.
More than half of the country’s 135 coal-fired power plants are running on fumes – as coal stocks run critically low. In a country where 70% of the electricity is generated using coal, this is a major cause for concern as it threatens to derail India’s post-pandemic economic recovery.
A Very Predictable Global Energy Crisis – OilPrice.com
Gas prices in Europe are breaking record after record. The UK is facing supply shortages reminiscent of the late 1970s winter of discontent. Chinese factories are shutting down because of power shortages, and the outlook is grim. In fact, it may be the first crisis of many.
When gas prices in Europe started rising faster and faster last month as the continent prepared for winter and found out it was not the only one, gas suddenly became important. That’s after being excluded from the list of low-carbon energy sources and after the EU’s green transition chief Frans Timmermans said gas had no place in the transition. It now appears Timmermans and his fellow Brussels bureaucrats could not have been more wrong.
Environment
U.S. Coast Guard boards cargo ship investigated in California oil spill – KRON4
U.S. Coast Guard investigators have boarded a massive cargo ship as they probe what caused the rupture of an offshore oil pipeline that sent crude washing up on Southern California beaches.
The Associated Press reported Wednesday that the Rotterdam Express appeared to make a series of unusual movements while anchored in the closest spot to where the break in the pipeline happened, according to data collected by a marine navigation service. The Coast Guard is investigating whether a ship anchor might have snagged and bent the pipeline owned by Amplify Energy, a Houston-based company that operates three offshore oil platforms south of Los Angeles.
Bowing to investors, Microsoft will make its devices easier to fix – Grist
In a first-of-its-kind victory for the right-to-repair movement, Microsoft has agreed to take concrete steps to facilitate the independent repair of its devices following pressure from its shareholders.
On Monday, Microsoft and the investor advocacy nonprofit As You Sow reached an agreement concerning a shareholder resolution As You Sow filed in June urging the tech company to analyze the “environmental and social benefits” of making device repair easier. After months of negotiations, Microsoft has agreed to comply — and then some. Not only will the company study how increasing access to the parts and information needed for repair can reduce its contributions to climate change and electronic waste, it has also agreed to act on the findings of that study by the end of next year.
Health
Fauci on Child Vaccinations, Boosters and Merck Covid Pill – Bloomberg
Dr. Anthony Fauci, chief medical adviser to U.S. President Joe Biden, says he can’t predict when or if a Covid-19 vaccine for children will be approved. He also comments on Merck’s Covid pill and the possibility of being able to mix and match booster shots.
The World’s First Malaria Vaccine—and What it Means for the Future of Pandemic Response – Time
On Oct. 6, the World Health Organization recommended use of the first vaccine to fight malaria. The decision is momentous and highly anticipated for many reasons: among them is that this is the first vaccine to help reduce the risk of deadly severe malaria in young children in Sub-Saharan Africa, where the disease remains a leading killer.
The vaccine offers hope that there can be a circle of learning from one pandemic to the next. Malaria, our oldest pandemic, may offer insights on how we can survive contemporary scourges like COVID-19. Malaria evolved at least 2.5 million years ago and first infected humans in rural parts of Africa. It then spread to all continents save Antarctica—notably, killing off armies ranging from those trying to conquer ancient Rome to those battling to control the Pacific in World War II. Malaria, according to historians, may have killed more people than any other pandemic.
2021 Western Australia school leavers must be vaccinated for year end event – Bunbury Mail
Anyone wishing to attend Western Australia’s largest school leavers event in Dunsborough next month will need to be vaccinated.
The Chief Health Officer has provided advice that the precaution is necessary to ensure a safe event for school leavers and the local community. Mandatory vaccination will be required by way of directions issued under the Public Health Act 2016.
This will require all event attendees and personnel to be vaccinated with at least one dose of a COVID-19 vaccine by November 22, 2021. The directions only apply to the event at Dunsborough which is scheduled to be held from Monday, November 22 to Friday, November 26, and attracts about 9,000 attendees.
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