Ecuador to Probe Legality of Debt Under Ex-president Correa

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Ecuador's comptroller's office on Monday announced it will open an audit of debt contracted in the last five years of the government of former President Rafael Correa to determine the legality of the operations and the use of the funds. The move follows a report by the comptroller's office revealing that some documentation relating to debt operations had been declared secret and that official reports on public debt had excluded some of the operations. President Lenin Moreno, a former Correa protege, since his election last year been has criticized the ex-president's handling of the economy and is seeking to unwind some Correa-era reforms. Correa says such efforts constitute a "coup" by Moreno. A team of economists, lawyers and businessmen will analyze debt operations carried out between January 2012 and May…


China Says It Shut Down 128,000 Websites in 2017

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China shut down nearly 128,000 websites that contained obscene and other “harmful” information in 2017, the official Xinhua news agency reported late on Monday, citing government data. Xinhua said 30.9 million illegal publications were confiscated in 2017, while 1,900 people were subject to criminal penalties, according to figures from the national office in charge of combating pornography and illegal publications. Under China's President Xi Jinping’s leadership, China has tightened censorship and controls of cyberspace as part of efforts to maintain “social stability.” But while the government says its rules are aimed at ensuring national security and stability, human rights organizations have warned that the country’s tough laws governing the internet amount to repressive measures aimed at quashing dissent. In Washington-based Freedom House’s 2017 report on internet freedom, China was designated…


Tunisian Protester Killed in Clashes with Police Over Price Hikes, Unemployment

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One person was killed Monday during clashes between security forces and protesters in a Tunisian town, a security official and residents said, as demonstrations over rising prices and tax increases spread in the North African country. A man was killed during a demonstration against government austerity measures in Tebourba, 40 km (25 miles) west of Tunis, the security official said, without giving details. The protest had turned violent when security forces tried stopping some youths from burning down a government building, witnesses said. Five people were wounded and taken to a hospital, state news agency TAP said. Tunisia, widely seen in the West as the only democratic success among nations where Arab Spring revolts took place in 2011, is suffering increasing economic hardship. Anger has been building up since the…


Trump Takes Victory Lap on Taxes with Rural Americans

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Connecting with rural Americans, President Donald Trump on Monday hailed his tax overhaul as a victory for family farmers and pitched his vision to expand access to broadband internet, a cornerstone of economic development in the nation's heartland. "Those towers are going to go up and you're going to have great, great broadband,'' Trump told the annual convention of the American Farm Bureau Federation. "Farm country is God's country,'' he declared. Trump became the first president in a quarter-century to address the federation's convention, using the trip to Nashville as a backdrop for a White House report that included proposals to stimulate a segment of the national economy that has lagged behind others. His Southern swing also included a stop in Atlanta for the national college football championship game. Joined…


Google Faces Lawsuit Accusing It of Discriminating Against Conservative White Men

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Two former employees of Google have accused the tech giant of discriminating against conservative white men, in a class action lawsuit filed Monday.   One of the accusers, James Damore, was fired from the company last year after writing a memo defending the gender gap in Silicon Valley tech jobs as possibly a matter of biological differences between men and women.   Damore and David Gudeman, another former engineer at the Google, filed the suit at the Santa Clara Superior Court in California, alleging discrimination and retaliation.   The two argue in their suit that Google uses illegal hiring quotas to fill jobs with women and minority applicants. "Google's management goes to extreme — and illegal — lengths to encourage hiring managers to take protected categories such as race and/or…


As Growing Economies Jostle for Power, What Post-Brexit Role for Britain?

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As Britain’s 2019 exit from the European Union edges closer, it is looking to carve out a new role for itself on the world stage. Many analysts say it could struggle to retain its influence as other world powers demand greater representation in global bodies like the United Nations. But the British government insists it is looking to build global alliances beyond Europe. "Britain punches above its weight" - a boxing analogy once used by a former foreign secretary to describe his country’s role on the world stage, and often repeated since. But the punch could be losing power, says Luke McDonagh of City University London. “Leaving the EU means that the UK could now be seen as a medium-sized economy in an increasingly polarized world where there are massive…


Scientists Breeding Climate Change Resistant Coral

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Coral reefs support nearly a quarter of all marine species, but because of climate change, half of the world’s reefs have disappeared in the past 50 years. With that problem not going away, scientists are looking for ways to make better coral that can resist the rising temperatures. VOA's Kevin Enochs reports. ...


Entrepreneurs Flock to Las Vegas for Giant Consumer Electronics Show

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Packed inside an SUV and heading to Las Vegas, employees of CaptureProof, a San Francisco startup, are part of a time-honored technology industry tradition — attending the giant consumer electronics show that takes over the Las Vegas strip every January. Starting Monday, more than 180,000 people are expected to attend CES — the show once know as the Consumer Electronics Show — with about one-third of them international visitors. There will be 4,000 exhibitors in every conceivable tech category — gaming, self-driving cars, digital health, digital sports, drones, robots. Outside official CES, many companies set up their own events in hotels throughout Las Vegas. The result is a crush of people and cars, a cacophony of sounds and logos, as everyone tries to get each others' attention.   And that…


New Tech Gadgets Are Following the Sound of Your Voice

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What's the hottest thing in the world of technology these days? Your voice. Some of the most popular gadgets over the holiday season were smart speakers with digital assistants from Amazon and Google . Apple is coming out with its own speaker this year; Microsoft and Samsung have partnered on another. As the annual Consumer Electronics Show kicks off in Las Vegas this week, manufacturers are expected to unveil even more voice-controlled devices - speakers and beyond - as Amazon and Google make their digital assistants available on a wider array of products. If these prove popular, you'll soon be able to order around much more of your house, including kitchen appliances, washing machines and other devices. CES is expected to draw more than 170,000 people, as some 4,000 exhibitors…


Eritrea Closes Hundreds of Businesses for Bypassing Banks 

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Eritrea has temporarily shut down nearly 450 private businesses, the latest in a series of moves that has sent shockwaves through the economy of the Red Sea nation. The closures were a response to companies hoarding cash and “failing to do business through checks and other banking systems,” according to a Dec. 29 editorial published by Eritrea’s Ministry of Information on the state-run website Shabait.com. Most of the affected businesses operate in the hospitality sector, according to the announcement, and they will remain closed for up to eight months, depending on the severity of the violations. About 58,000 private businesses operate across the country, according to the government; less than 1 percent was affected by the recent closures. Replacing the currency The government has taken other steps in recent years…


Iran’s Working Class on Front Lines of Protests

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The Iranian town of Doroud should be a prosperous place — nestled in a valley at the junction of two rivers in the Zagros Mountains, it’s in an area rich in metals to be mined and stone to be quarried. Last year, a military factory on the outskirts of town unveiled production of an advanced model of tanks. Yet local officials have been pleading for months for the government to rescue its stagnant economy. Unemployment is around 30 percent, far above the official national rate of more than 12 percent. Young people graduate and find no work. The local steel and cement factories stopped production long ago, and their workers haven’t been paid for months. The military factory’s employees are mainly outsiders who live on its grounds, separate from the…


US Economy Ends Year with Modest Job Gains

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The U.S. economy ended 2017 by adding 148,000 new jobs in December. Despite the modest gain, hiring was strong enough to suggest the economic momentum will continue. But while the national unemployment rate remained unchanged at a 17-year low of 4.1 percent, analysts say the pace of job growth may be slowing down. Mil Arcega has more. ...


Twitter Says Accounts of World Leaders Have Special Status

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Social media giant Twitter has reiterated its stance that accounts belonging to world leaders have special status, pushing back against calls from some users for the company to ban U.S. President Donald Trump.  In a blog post Friday, Twitter said it would not block the accounts of world leaders even if their statements were “controversial” because of a need to promote discussions about public policy.  ​“Blocking a world leader from Twitter or removing their controversial tweets would hide important information people should be able to see and debate,” Twitter said. It said such a move would also not silence a world leader, but it “would certainly hamper necessary discussion around their words and actions.” “Twitter is here to serve and help advance the global, public conversation. Elected world leaders play…


Businesses Delay Patch, Fear Fix Will Be Worse Than Chip Flaw

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Chances that a fix to a major microchip security flaw may slow down or crash some computer systems are leading some businesses to hold off installing software patches, fearing the cure may be worse than the original problem. Researchers this week revealed security problems with chips from Intel Corp and many of its rivals, sending businesses, governments and consumers scrambling to understand the extent of the threat and the cost of fixes. Rather than rushing to put on patches, a costly and time-intensive endeavor for major systems, some businesses are testing the fix, leaving their machines vulnerable. "If you start applying patches across your whole fleet without doing proper testing, you could cause systems to crash, essentially putting all of your employees out of work," said Ben Johnson, co-founder of…


Brits Call for ‘Latte Levy’ to Reduce Cup Waste

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Britain should charge a 25-pence ($0.34) levy on disposable coffee cups to cut down waste and use the money to improve recycling facilities, a committee of lawmakers said Friday. Chains Pret A Manger, Costa Coffee, Caffe Nero and Greggs alongside U.S. firm Starbucks are among the biggest coffee-sellers in Britain, rapidly expanding in the last 10 years to meet increasing demand. Although some outlets give a discount to customers using their own cup, only 1-2 percent of buyers take up the offer, according to parliament’s environmental audit committee, which said a “latte levy” was needed instead. 2.5 billion cups a year “The UK throws away 2.5 billion disposable coffee cups every year; enough to circle the planet 5½ times,” said chair of the committee, Mary Creagh. “We’re calling for action…


Apple to Issue Fix for iPhones, Macs at Risk From Chip Flaw

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Apple Inc. will release a patch for the Safari web browser on its iPhones, iPads and Macs within days, it said Thursday, after major chipmakers disclosed flaws that leave nearly every modern computing device vulnerable to hackers. On Wednesday, Alphabet Inc.'s Google and other security researchers disclosed two major chip flaws, one called Meltdown affecting only Intel Corp. chips and one called Spectre affecting nearly all computer chips made in the last decade. The news sparked a sell-off in Intel's stock as investors tried to gauge the costs to the chipmaker. In a statement on its website, Apple said all Mac and iOS devices were affected by both Meltdown and Spectre. But the most recent operating system updates for Mac computers, Apple TVs, iPhones and iPads protect users against the Meltdown attack and do not slow down the devices, it added. Meltdown does…


Investors Skittish, but Marijuana Growers, Sellers to Stay the Course

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Marijuana-related stocks plummeted, cannabis boosters worried about the industry’s future and defiant growers and sellers vowed to keep operating after U.S. Attorney General Jeff Sessions signaled a tougher approach Thursday to federal pot enforcement. The plunging stock prices reversed a weekslong rally driven by optimism for legal recreational sales that started Monday in California. Several marijuana stocks saw double-digit losses in the hours after Sessions’ announcement, including the largest pot-producing company that is publicly traded. Canopy Growth, a Canada-based company with the ticker symbol WEED, lost $3.58 a share, or 10 percent, to close at $32.32 on the Toronto Stock Exchange. Shares of garden-supply company Scotts Miracle-Gro also skidded Thursday, following a steady rise last year after it added fertilizer, lights and other products to serve marijuana growers. The company’s…


Intel Shares Fall as Investors Worry About Costs of Chip Flaw

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Intel Corp shares fell nearly 2 percent Thursday as investors worried about the potential financial liability and reputational hit from recently disclosed security flaws in its widely used microprocessors. The largest chipmaker had confirmed Wednesday that flaws reported by researchers could allow hackers to steal sensitive information from computers, phones and other devices. Apple Inc, Microsoft Corp and other software makers have issued patches to protect against the vulnerabilities. Intel may be on the hook for costs stemming from lawsuits claiming that the patches would slow computers and effectively force consumers to buy new hardware, and big customers will likely seek compensation from Intel for any software or hardware fixes they make, security experts said. "The potential liability is big for Intel," said Eric Johnson, dean of Vanderbilt University's Owen…


Wall Street’s Love of Tax Cuts Drives Dow to 25,000 Mark

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Wall Street sure loves the tax bill, even if polls show most Americans don't. The Dow Jones industrial average surged past 25,000 Thursday, a strong signal of investor enthusiasm for President Donald Trump's $1.5 trillion tax cut. The milestone comes less than a year after the Dow topped 20,000. "We broke a very, very big barrier," Trump said Thursday at the White House. "Every time you see that number go up on Wall Street it means jobs, it means success, it means 401(k)s that are flourishing." It's easy to see why investors like the tax overhaul: Businesses will benefit from a steep cut in the corporate tax rate. They'll also be able to fully deduct the cost of major purchases from their taxable income, reducing the amount they owe. And…


YouTube Star Logan Paul Steps Away From Posting After Outcry

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YouTube star Logan Paul has stepped away from posting videos following an outcry when he uploaded images of what appeared to be the body of someone who killed themselves in a Japanese forest. Paul took to Twitter on Wednesday to say he was suspending his video blog "for now" and "taking time to reflect." A petition on Change.org that demands his YouTube channel be deleted had been signed by more than 125,000 people by Thursday morning. Paul created a furor when he posted a video of him in a forest near Mount Fuji showing what seemed to be a body hanging from a tree. The video was viewed some 6 million times before being removed from Paul's YouTube channel, a verified account with more than 15 million subscribers. A storm…


Dow Breaks 25,000 Barrier for First Time

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The Dow Jones Industrial Average broke through the 25,000-threshold for the first time Thursday, and notched another 1,000-point milestone. The index of blue-chip stocks is studded with industrial heavyweights such as Boeing and Caterpillar. Among the biggest gainers were technology companies and banks. Wells Fargo jumped 1.9 percent and Microsoft rose 0.7 percent. U.S. President Donald Trump tweeted Thursday morning, "Dow just crashes through 25,000. Congrats! Big cuts in unnecessary regulations continuing."   The Dow increased 118 points, or 0.5 percent, to 25,037. The Nasdaq edged up 16 points to 7,081. This latest record came in early trading Thursday — only five weeks after closing above 24,000 points for the first time. Other major indexes also rose to new levels, driven by a strong report on private jobs. The recent…


Australia Plans Legal Cannabis Exports to a Lucrative World Market

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Australia said Thursday it planned to become the fourth country in the world to legalize medicinal marijuana exports in a bid to score a piece of the estimated $55 billion global market. Cannabis cultivation in Australia is still relatively small, as recreational use remains illegal. But the government hopes domestic medicinal use, legalized last year, and exports will rapidly boost production. “Our goal is very clear: to give farmers and producers the best shot at being the world’s No. 1 exporter of medicinal cannabis,” Health Minister Greg Hunt told reporters in Melbourne. Company shares rise Shares in the more than a dozen Australian cannabis producers listed on the local exchange soared after the announcement. Cann Group ended the day up 35 percent; AusCann Group rose nearly 54 percent; and BOD…