In Posh Bangkok Neighborhood, Residents Trade Energy with Blockchain

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Residents in a Bangkok neighborhood are trying out a renewable energy trading platform that allows them to buy and sell electricity between themselves, signaling the growing popularity of such systems as solar panels get cheaper. The pilot project in the center of Thailand's capital is among the world's largest peer-to-peer renewable energy trading platforms using blockchain, according to the firms involved. The system has a total generating capacity of 635 KW that can be traded via Bangkok city's electricity grid between a mall, a school, a dental hospital and an apartment complex. Commercial operations will begin next month, said David Martin, managing director of Power Ledger, an Australian firm that develops technology for the energy industry and is a partner in the project. "By enabling trade in renewable energy, the…
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Indonesia Battles Currency Woes

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Policymakers in Indonesia are grappling to deal with a weakened currency, the rupiah, which was valued at just 14,930 per U.S. dollar last week — its lowest point since the 1998 Asian financial crisis. But unlike 20 years ago, when economic turmoil led to major political upheaval in Indonesia, most observers say that Southeast Asia’s largest economy is now far better positioned to endure a poorly performing currency. The United States Federal Reserve’s planned interest rate hikes have impacted emerging markets worldwide as investors sell assets in countries such as Indonesia in favor of American ones. The Argentine peso and Turkish lira both crashed in late August, crises that sent major shockwaves across developing economies. President Donald Trump’s trade war with Beijing has also seen a devaluation of the Chinese…
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Study: US Teens Prefer Remote Chats to Face-to-Face Meetings

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American teenagers are starting to prefer communicating via text instead of meeting face-to-face, according to a study published Monday by the independent organization Common Sense Media. Some 35 percent of kids aged 13 to 17 years old said they would rather send a text than meet up with people, which received 32 percent. The last time the media and technology-focused nonprofit conducted such a survey in 2012, meeting face-to-face hit 49 percent, far ahead of texting's 33 percent. More than two-thirds of American teens choose remote communication -- including texting, social media, video conversation and phone conversation -- when they can, according to the study.  In 2012 less than half of them marked a similar preference. Notably, in the six-year span between the two studies the proportion of 13- to…
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Japan’s Bid to End Whaling Ban is Top Issue at Conference

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Japan will once again try to get the international ban on whale hunting overturned at the global conference of the International Whaling Commission (IWC), which opened in Brazil on Monday. The proposal presented by Japan says, "Science is clear: there are certain species of whales whose population is healthy enough to be harvested sustainably.'' While the Japanese proposal is supported by other traditional whaling countries, such as Iceland and Norway, it faces fierce opposition from countries such as Australia and Brazil, and the European Union, as well as from numerous environmental groups. Japan, which has pushed for an amendment to the ban for years, accuses the IWC of siding with anti-whaling nations rather than trying to reach a compromise between conservationists and whalers. Whale meat has been a a traditional…
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DOE: US, Saudi Energy Ministers Meet in Washington 

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U.S. Energy Secretary Rick Perry met with Saudi Energy Minister Khalid al-Falih on Monday in Washington, the U.S. Energy Department said, as the Trump administration encourages big oil-producing countries to keep output high ahead of Washington’s renewed sanctions on Iran’s crude exports. Perry and Falih discussed the state of world oil markets, the potential for U.S.-Saudi civil nuclear cooperation and efforts to share technologies to develop “clean fossil fuels,” the department said in a statement. The Saudi Embassy in Washington did not immediately respond to a request for comment. Perry will also meet with Russian Energy Minister Alexander Novak, on Thursday in Moscow, a U.S. source and a diplomatic source said Sunday night. High oil prices are a risk for President Donald Trump and his fellow Republicans in Nov. 6…
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Canada’s Freeland to Hold NAFTA Talks Tuesday as Time Runs Short

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Canadian Foreign Minister Chrystia Freeland will meet U.S. Trade Representative Robert Lighthizer in Washington on Tuesday for another round of talks to renew the NAFTA trade pact, an official said on Monday, as time runs short to seal a deal. Freeland spokesman Adam Austen did not give details. After more than a year of negotiations, Canada and the United States are still trying to resolve differences over the North American Free Trade Agreement, which also includes Mexico. U.S. officials say time is running out to agree on a text on which the current Congress can vote. Canadian officials say they are working on the assumption they have until the end of September. Freeland spent three days in Washington last week and said on Friday as she prepared to leave that…
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Survey: Number of Americans Getting News on Social Media Slows

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About two-thirds of American adults say they occasionally get their news from social media, according to a survey released Monday by the Pew Research Center. The number is 1 percent more than last year, indicating a slowdown in the growth of news consumption on social media. Despite the popularity of social media, 57 percent said they expected the news they received on these platforms to be inaccurate. Republicans were far more negative than Democrats about social media news, with 72 percent saying they expect it to be inaccurate. Forty-six percent of Democrats and 55 percent of independents reported feeling the same. Pew surveyor Katerina Eva Matsa said this falls in line with years of research on political attitudes toward news media in general. "We've seen stark differences between Republicans and…
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Creditors Warn Greece on Debt Relief as Inspectors Return

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Greece's lead creditor warned the country on Monday not to stray from reforms agreed upon before the end of its international bailout, as European monitors arrived to check the nation's finances. The five-day inspection is expected to focus on government promises over the weekend to offer tax relief as well as plans to scrap promised pension cuts that are due to take effect in 2019. Klaus Regling, managing director of the European Stability Mechanism, the eurozone's rescue fund, told Austria's Die Presse newspaper that Greece needed to stick to its commitments. `We are a very patient creditor. But we can stop debt relief measures that have been decided for Greece if the adjustment programs are not continued as agreed," he said. "The debt level appears to be frighteningly elevated. But…
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Ford Says It Will Not Move Small Car Production from China to US

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Ford says it has no plans to move production of a small car from China to the United States despite President Donald Trump's enthusiastic tweet Sunday. "It would not be profitable to the build the Focus Active in the U.S. given an expected annual sales volume of fewer than 500,000 units," a Ford statement said. Ford earlier announced it would not ship the cars from China to the United States because tariffs would make them too expensive, prompting a Trump tweet saying "This is just the beginning. This car can now be BUILT IN THE U.S.A. and Ford will pay no tariffs." Ford may keep building the Focus Active in China, but won't not sell them in the United States. Trump has imposed tariffs on $50 billion in Chinese imports…
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Flush From End of Bailout, Greek PM Announces Tax Breaks

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Greek Prime Minister Alexis Tsipras on Saturday unveiled plans for tax cuts and pledged spending to heal years of painful austerity, less than a month after Greece emerged from a bailout program financed by its European Union partners and the International Monetary Fund. Tsipras, who faces elections in about a year, used a keynote policy speech in the northern city of Thessaloniki to announce a spending spree that he said would help fix the ills of years of belt-tightening and help boost growth. But he said Athens was also committed to sticking to the fiscal targets pledged to lenders. "We will not allow Greece to revert to the era of deficits and fiscal derailment," he told an audience of officials, diplomats and businessmen. Tsipras promised a phased reduction of the corporate tax to 25 percent from 29 percent from next year, as…
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Trump: Apple Can Avoid Tariffs by Shifting Production to US

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President Donald Trump concedes that some Apple Inc. products may become more expensive if his administration imposes "massive'' additional tariffs on Chinese-made goods, but he says the tech company can fix the problem by moving production to the U.S. "Start building new plants now. Exciting!'' Trump said Saturday in a tweet aimed at the Cupertino, California, company. This week, Apple said that a proposed additional round of tariffs on $200 billion in Chinese imports would raise prices on some of its products, including the Apple Watch and the Mac mini. The company is highly exposed to a trade war between the U.S. and China. It makes many of its products for the U.S. market in China, and it also sells gadgets including the iPhone in China, making them a potential…
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Trump Says US, Japan Have Begun Talks on Trade

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U.S. President Donald Trump said on Friday the United States and Japan have begun discussion over trade, saying that Tokyo "knows it's a big problem" if an agreement cannot be reached, and that India has also asked to start talks on a trade deal. "We're starting that," Trump told reporters aboard Air Force One. "In fact Japan has called us ... they came last week." "If we don't make a deal with Japan, Japan knows it's a big problem," he added. Later in a speech in Sioux Falls, South Dakota, Trump said: "India called us the other day. They said we'd like to start doing a trade deal. First time." "They wouldn't talk about it with the previous administrations. They were very happy with the way it was," he said…
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China’s August Trade Surplus With US Hits Record $31 Billion

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China's trade surplus with the United States reached a record $31 billion in August, despite hefty tariffs recently imposed on Chinese goods.  The news of the surplus came just hours after U.S. President Donald Trump threatened to impose another $267 billion worth of tariffs on Chinese imports, which would cover virtually all the goods China imports to the United States.  The potential tariffs would come on top of punitive levies on $50 billion in Chinese goods already in place as well as another $200 billion that Trump says “could take place very soon.” He told reporters traveling with him to Fargo, North Dakota "behind that, there's another $267 billion ready to go on short notice if I want." “That changes the equation,” he added. Such a move would subject virtually…
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Converting Body Heat Into Electricity to Power Sensors

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The number of wearable technologies that use sensors as medical tools to track a person’s well-being - is on the rise. All of them - need an electric charge or a battery source to operate, but a handful of researchers are trying to take batteries out of the equation. At the Texas A&M University in College Station, researchers are doing just that - looking at ways to use our own body heat to power all those sensors. Elizabeth Lee takes a look at the emerging new technology. ...
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Body Heat Converted Into Electricity Powers Health Sensors

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There has been an increasing number of wearable technologies that have health sensors as medical tools to track a person’s well-being. Many of these devices need to be charged or are battery-powered.  A handful of researchers want to take batteries out of the equation and instead, use waste body heat and convert that into useful electricity to power sensors.  “The average person is something like an 80-watt light bulb,” said Jamie Grunlan, Texas A&M University’s Linda & Ralph Schmidt '68 Professor in Mechanical Engineering. Grunlan and his team of researchers are working on using the waste heat the body gives off and converting that into useful electricity. The idea is to create printable, paintable thermoelectric technology that looks like ink and can coat a wearable fabric, similar to dyeing colors…
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Trump Threatens to Tax Virtually All Chinese Imports to US

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U.S. President Donald Trump is threatening to impose tariffs on another $267 billion worth Chinese imports, which would cover virtually all the goods China imports to the United States. The potential tariffs would come on top of punitive levies on $50 billion in Chinese goods already in place, as well as tariffs on another $200 billion worth of goods that Trump says "could take place very soon." He told reporters traveling with him to Fargo, North Dakota, on Friday that "behind that, there's another $267 billion ready to go on short notice if I want." "That changes the equation," he added. Such a move would subject virtually all U.S. imports from China to new duties. The president's comments came one day after a public comment period ended on his proposal to…
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Modest Premium Hikes Expected as ‘Obamacare’ Stabilizes

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Millions of people covered under the Affordable Care Act will see only modest premium increases next year, and some will get price cuts. That's the conclusion from an exclusive analysis of the besieged but resilient program, which still sparks deep divisions heading into this year's midterm elections. The Associated Press and the consulting firm Avalere Health crunched available state data and found that “Obamacare's” health insurance marketplaces seem to be stabilizing after two years of sharp premium hikes. And the exodus of insurers from the program has halted, even reversed somewhat, with more consumer choices for 2019. The analysis found a 3.6 percent average increase in proposed or approved premiums across 47 states and Washington, D.C., for next year. This year the average increase nationally was about 30 percent. The…
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US Adds Strong 201K Jobs; Unemployment Stays at 3.9 Percent

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Hiring picked up in August as U.S. employers added a strong 201,000 jobs, a sign of confidence that consumers and businesses will keep spending despite the Trump administration's conflicts with U.S. trading partners. The Labor Department said Friday the unemployment rate remained 3.9 percent, near an 18-year low.  Americans' paychecks grew at a faster pace in August. Average hourly wages rose last month and are now 2.9 percent higher than they were a year earlier, the fastest year-over-year gain in eight years. Still, after adjusting for inflation, pay has been flat for the past year. The economy is expanding steadily, fueled by tax cuts, confident consumers, greater business investment in equipment and more government spending. Growth reached 4.2 percent at an annual rate in the April-June quarter, the fastest pace…
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Twitter Bans Jones, ‘Infowars,’ Citing Abuse

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Twitter has permanently banned far-right media personality Alex Jones for violating its policy against "abusive behavior." Jones, who is known as a conspiracy theorist, has about 900,000 followers on Twitter. His Infowars website has hundreds of thousands of followers, as well. Twitter accused Jones of violating its policy after he was seen on television berating and insulting a CNN reporter waiting to enter congressional hearings on social media policies. Jones called the reporter a smiling "possum caught doing some really nasty stuff" and also made fun of his clothes. Twitter had previously suspended Jones' account, but now he is banned from posting on the social media site. Jones has yet to comment. Jones is one of the country's most controversial media figures, known for saying the President George W. Bush…
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Facebook, Twitter, Step Up Defenses Ahead of Midterm Election

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Facebook and Twitter executives defended their efforts to prevent Russian meddling in U.S. midterm elections before congressional panels Wednesday. The social media companies' efforts to provide assurances to lawmakers come amid warnings from internet researchers that Moscow still has active social media accounts aimed at influencing U.S. political discourse. VOA's Congressional Correspondent Katherine Gypson has more from Capitol Hill. ...
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Warnings of Huge Disruption as Britain Prepares for Possible Cliff-Edge Brexit

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Britain risks huge disruptions to its economy and society, including trade, transport, health care and citizens' rights, if it leaves the European Union next March without a deal. That's the conclusion of a new report on the short-term risks of a so-called 'no-deal Brexit.' The report comes as lawmakers return to London after a six-week summer break to face growing uncertainty over Britain's future relations with the EU. Henry Ridgwell reports from London. ...
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Canada’s Strong-willed Foreign Minister Leads Trade Talks

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She is many things that would seem to irritate President Donald Trump: a liberal Canadian former journalist. That makes Foreign Minister Chrystia Freeland an unusual choice to lead Canada's negotiations over a new free trade deal with a surprisingly hostile U.S. administration. Recruited into politics by Prime Minister Justin Trudeau, Freeland has already clashed with Russia and Saudi Arabia. Those who know her say she's unlikely to back down in a confrontation with Trump. "She is everything the Trump administration loathes," said Sarah Goldfeder, a former official with the U.S. Embassy in Canada. Freeland, a globalist negotiating with a U.S. administration that believes in economic nationalism and populism, hopes to salvage a free trade deal with Canada's largest trading partner as talks resumed Wednesday in Washington. The 50-year-old Harvard graduate…
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Trump Team, Canada Officials Resume Talks to Revamp NAFTA

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Trump administration officials and Canadian negotiators are resuming talks to try to keep Canada in a North American trade bloc with the United States and Mexico. "We are looking forward to constructive conversations today," Canadian Foreign Affairs Minister Chrystia Freeland told reporters as she entered a meeting with U.S. Trade Rep. Robert Lighthizer. Last week, the United States and Mexico reached a preliminary agreement to replace the 24-year-old North American Free Trade Agreement. But those talks excluded Canada, the third NAFTA country.   Freeland flew to Washington last week for four days of negotiations to try to keep Canada within the regional trade bloc. The U.S. and Canada are sparring over issues including U.S. access to Canada's protected dairy market and American plans to protect some drug companies from generic…
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Transcript: ‘Russian Troll Hunter’ on Unmasking Phony Online Profiles

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Josh Russell works as a systems analyst and programmer at Indiana University, has two daughters, and exposes Russian internet trolls in his spare time. Russell first became interested in the phenomenon of Russian trolls during the 2016 presidential election, when he noticed a large amount of misinformation distributed about Democratic candidate Hillary Clinton. He noticed how many accounts spreading misinformation, ostensibly run by American activists, were, in fact, operating from abroad, and were linked up to now notorious Russian “troll farms.” Today Russell collaborates with many American journalists in the fight against fake information on the internet. Question: We recently learned that Russian hackers attacked some conservative U.S. organizations, the Hudson Institute, for example, and the International Republican Institute. What, in your opinion, is driving this? Joshua Russell: Any organization…
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