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Ronaldo misses penalty as Al Nassr eliminated from Saudi King’s Cup

Around The Globe - Wed, 10/30/2024 - 07:03
Portuguese star's stoppage-time penalty flies over the bar and knocks over a young fan filming him from the stands.

Botswana election: Who is in the running and what’s at stake?

Around The Globe - Wed, 10/30/2024 - 06:40
Some 1 million Batswana will vote amid worries about the economy as diamond dollars fall.

Biden tries to end furore after seeming to call Trump supporters ‘garbage’

Around The Globe - Wed, 10/30/2024 - 06:36
The outgoing president’s comments came as Democratic presidential candidate Kamala Harris made a major address.

Australia to boost missile production after China tests ICBM in Pacific

Around The Globe - Wed, 10/30/2024 - 06:30
Australia to increase missile defence and long-range strike capability as Asia Pacific region enters 'missile age'.

Donald Trump attempts to recover Latino support with Pennsylvania rally

Around The Globe - Wed, 10/30/2024 - 05:42
The Republican presidential candidate surrounded himself with Latino surrogates in Allentown as he weathered scandal.

Russia-Ukraine war: List of key events, day 978

Around The Globe - Wed, 10/30/2024 - 05:22
As the war enters its 978th day, these are the main developments.

EU hikes tariffs on Chinese EVs, prompting rebuke from Beijing

Around The Globe - Wed, 10/30/2024 - 04:33
China's Commerce Ministry promises to take 'all necessary measures' to protect the interests of Chinese firms.

Israel again bombs Gaza’s Beit Lahiya hours after killing 93 in one strike

Around The Globe - Wed, 10/30/2024 - 04:27
Fresh Israeli attack on northern Gaza town kills 19 as US expresses horror at earlier raid that killed 93 people.

‘Not who we are’: Harris seeks finish line push at crowded US capital rally

Around The Globe - Wed, 10/30/2024 - 03:52
Democrat gave her 'closing argument' speech at the Ellipse, where Donald Trump riled up supporters on January 6, 2021.

US tech stocks send Nasdaq to hit record high, as Alphabet beats forecasts

Around The Globe - Wed, 10/30/2024 - 03:07
Tech-heavy Nasdaq Composite Index rises 0.8 percent as investors bet on strong earnings from Meta, Amazon and Microsoft.

Harris makes final pitch to voters one week before US election

Around The Globe - Wed, 10/30/2024 - 02:11
Democratic presidential candidate Kamala Harris made her final pitch to voters one week before the US election.

US finalizes rule restricting investment in Chinese tech firms

Technology - Wed, 10/30/2024 - 01:10
The Treasury Department on Monday finalized a new rule meant to prevent U.S.-based people and companies from investing in the development of a range of advanced technologies in China, thereby preventing Beijing from accessing cutting-edge expertise and equipment. The rule, which implements an executive order signed by President Joe Biden in 2023, focuses particularly on advanced semiconductors and microelectronics and the equipment used to make them, technology used in quantum computing, and artificial intelligence systems. When it takes effect on January 2, the rule will prohibit certain transactions in semiconductors, microelectronics and artificial intelligence. It also establishes mandatory reporting requirements for transactions that are not banned outright. In the field of quantum computing, the rule is more far-reaching, banning all transactions “related to the development of quantum computers or production of any critical components required to produce a quantum computer,” as well as the development of other quantum systems. Unlike the fields of AI and semiconductors, the rule does not allow for transactions that can be completed so long as they are reported to the government. The rule also announced the creation of the Office of Global Transactions within Treasury’s Office of Investment Security, which will administer the Outbound Investment Security Program. Justification and opposition “Artificial intelligence, semiconductors, and quantum technologies are fundamental to the development of the next generation of military, surveillance, intelligence and certain cybersecurity applications like cutting-edge code-breaking computer systems or next generation fighter jets,” Paul Rosen, assistant secretary for investment security, said in a statement. “This Final Rule takes targeted and concrete measures to ensure that U.S. investment is not exploited to advance the development of key technologies by those who may use them to threaten our national security,” Rosen said. Beijing has repeatedly complained about U.S. technology policy, arguing that the U.S. is dedicated to preventing China’s rise as a global power. In a press conference on Tuesday, Chinese Foreign Ministry spokesperson Lin Jian reiterated China’s longstanding objections to U.S. efforts to withhold advanced technology from Chinese companies. “China deplores and rejects the U.S.’s Final Rule to curb investment in China,” Lin said. “China has protested to the U.S. and will take all measures necessary to firmly defend its lawful rights and interests.” Not just equipment The language of the rule frequently notes that it applies to transactions with “countries of concern,” but the specific language in the text makes it plain that the targets of the rule are companies and individuals doing business in mainland China as well as the “special administrative districts” of Hong Kong and Macao. The Final Rule’s ban on transactions is not limited to the physical transfer of finished goods and machinery in the specified fields. Explanatory documents released on Monday make it clear that several intangible benefits are also covered. Countries of concern “are exploiting or have the ability to exploit certain United States outbound investments, including certain intangible benefits that often accompany United States investments and that help companies succeed,” an informational statement accompanying the rule said. “These intangible benefits include enhanced standing and prominence, managerial assistance, investment and talent networks, market access, and enhanced access to additional financing.” Signaling to US companies The onus will be on U.S. companies to comply with the new rule, Stephen Ezell, vice president for global innovation policy at the Information Technology & Innovation Foundation, told VOA. “This is the U.S. government signaling to U.S. entities and investors that they need to think twice about making investments on the prohibited transaction side of the equation that would advance China's capabilities in these areas,” Ezell said. He added that the impact of the rule on investment in Chinese technology companies would have effects far beyond any reduction in funding. “It's not just the dollars,” he said. “A key target here is getting at the intangible benefits that come with those investments, such as managerial capability, talent networks.” He described that loss as “very significant.” Closing loopholes In an email exchange with VOA, Daniel Gonzales, a senior scientist at the RAND Corporation, explained that the purpose of the rule was, in part, to prevent U.S. investment firms from supporting Chinese firms in the development of certain kinds of technology. “These rules were put in place after many episodes where U.S. [venture capital] companies helped to transfer or nurture advanced technologies that have relevant military capabilities,” Gonzales wrote. “One particular case was that of TikTok and its AI algorithms, which were developed with the help of Sequoia Capital of California.” Sequoia did not break any laws in assisting TikTok, Gonzales said. But “it has since become known to U.S. authorities that TikTok does possess an AI algorithm that has a variety of applications, some of which have military implications. This new rule is intended to close this loophole.” Gonzales said the U.S. government’s concern with quantum computing is also born of worries about Chinese offensive capabilities. “Chinese researchers are working on developing quantum computer algorithms that can break encryption codes used by the U.S. government and the U.S. financial sector to protect private and confidential information,” he wrote. “China has several startup companies working to develop more powerful quantum computers. This new rule is intended to prevent the leakage of U.S. quantum technology to China through U.S. VCs.”

Companies find solutions to power EVs in energy-challenged Africa

Technology - Tue, 10/29/2024 - 22:33
NAIROBI, KENYA — Some companies are coming up with creative ways of making electric vehicles a more realistic option in power-challenged areas of Africa. Countries in Africa have been slow adopters of battery-powered vehicles because finding reliable sources of electricity is a challenge in many places. The Center for Strategic and International Studies described Africa as “the most energy-deficient continent in the world” and said that any progress made in electricity access in the last five years has been reversed by the pandemic and population growth. Onesmus Otieno, for one, regrets trading in his diesel-powered motor bike for an electric one. He earns his living making deliveries and ferrying passengers around Nairobi, Kenya’s capital, with his bike. The two-wheeled taxis popularly known as “boda boda” in Swahili are commonly used in Kenya and throughout Africa. Kenyan authorities recently introduced the electric bikes to phase out diesel ones. Otieno is among the few riders who adopted them, but he said finding a place to charge his bike has been a headache. Sometimes the battery dies while he is carrying a customer, he said, while a charging station is far away. So, he has to end that trip and cancel other requests. To address the problem, Chinese company Beijing Sebo created a mobile application that allows users of EVs to request a charge through the app. Then, charging equipment is brought to the user’s location. Lin Lin, general manager for overseas business of Beijing Sebo, said because the company produces the equipment, it can control costs. “We can deploy the product ... in any country they need, and they don’t need to build or fix charging stations,” Lin said. “We can move to the location of the user, and we can bring electricity to electric vehicles.” Lin said the mobile charging vans use electricity generated from solid waste and can charge up to five cars at one time for about $7 per vehicle — less for a motorbike. Countries in Africa have been slow to adopt electric vehicles because there is a lack of infrastructure to support the technology, analysts say. The cost of EVs is another barrier, said clean energy expert Ajay Mathur. ''Yes, the capital cost is more,” Mathur said. “The first cost is more, but you recover it in about six years or so. We are at the beginning of the revolution.” Electric motor bike maker Spiro offers a battery-swapping service in several countries to address the lack of EV infrastructure. But studies show that for many African countries, access to reliable and affordable electricity remains a challenge. There are frequent power cuts, outages and voltage fluctuations in several regions. Companies such as Beijing Sebo and Spiro are finding ways around the lack of power in Africa. ''We want to solve the problem of charging anxiety anywhere you are,” Lin said.  This story originated in VOA's Mandarin Service.

Ukraine’s Zelenskyy says Russia war is being pushed ‘beyond borders’

Around The Globe - Tue, 10/29/2024 - 21:38
Ukrainian president's remarks come as a number of North Korean troops arrive in Russia's Kursk region.

More outrage after Trump calls controversial New York rally ‘a lovefest’

Around The Globe - Tue, 10/29/2024 - 21:00
Backlash is growing from the Sunday rally, where a comedian made crude jokes about migrants and Puerto Ricans.

Why is Israel banning the UN’s relief agency for Palestinians?

Around The Globe - Tue, 10/29/2024 - 20:52
Israel's parliament passed bills that would ban UNRWA from operating in Israeli territory.

CNN bans panellist Ryan Girdusky who verbally attacked Mehdi Hasan

Around The Globe - Tue, 10/29/2024 - 20:42
CNN has banned a conservative commentator from the network after he targeted journalist Mehdi Hasan.

Trump singles out immigration as ‘biggest issue’ at Mar-a-Lago event

Around The Globe - Tue, 10/29/2024 - 20:30
Republican presidential candidate Donald Trump launched his final week of campaigning with an event at his Mar-a-Lago.

Russia’s Putin launches drill of nuclear forces simulating strikes

Around The Globe - Tue, 10/29/2024 - 19:31
The exercise involved Russia's full nuclear "triad" of ground, sea, and air-launched missiles

Eight wounded in new attack on UNIFIL peacekeepers in Lebanon

Around The Globe - Tue, 10/29/2024 - 19:07
UNIFIL says rocket attack likely fired by Hezbollah or 'affiliated group' hit its headquarters in Naqoura.

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