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☆ 'Long way to go': Bank of Japan douses hopes that policy tweak marks the end of easy policy
▼ + stars: | 2023-08-02 | by ( Clement Tan | ) www.cnbc.com time to read: +3 min

watch nowThe Bank of Japan has pushed back on speculation its recent policy adjustment marked the start of a tightening cycle. On Friday, the BOJ unexpectedly loosened its yield curve control, a move some market watchers said marked the start of the end of the Japanese central bank's ultra-easy monetary policy position. The BOJ's yield curve control is part of its ultra-easy monetary policy, which also includes keeping short-term interest rates at -0.1%. It is aimed at reflating growth in the world's third-largest economy and sustainably achieve its 2% inflation target after years of deflation. There is no free lunch for any policy," Ichida said.

Persons: Shinichi Ichida, Ichida, Bank of Japan Ichida Organizations: Bank of, Bank of Japan Locations: Bank, Bank of Japan, Chiba prefecture

CNN —Texas has separated at least 26 migrant family units on the southern border since July 10 under Gov. Greg Abbott’s Operation Lone Star border initiative, according to Texas Rio Grande Legal Aid immigration attorney Kristin Etter. “This is just a very harsh and cruel detour from the asylum process,” Etter told CNN in an interview Wednesday. This is a shift in Texas DPS policy on the border, Etter says. Children and their mothers were never separated, but instead turned over to the US Border Patrol together,” Texas DPS Communications Chief Travis Considine said in a statement.

Persons: Greg Abbott’s, Kristin Etter, ” Etter, Etter, Greg Abbott's, Brandon Bell, “, Travis Considine, “ It’s, Biden, Abbott Organizations: CNN, Lone Star, Texas Rio, Legal, Texas Department of Public Safety, Trump, US Border Patrol, Etter . Texas Gov, Biden, Getty, Texas DPS, DPS, ”, ” Texas DPS Communications, Houston Chronicle, Border Patrol, US Department of Justice Locations: Texas, Eagle, , Texas, Etter, ” Texas, Kristin Etter Texas Rio, Mexico, Rio

SINGAPORE, Aug 2 (Reuters) - Singapore's prime minister on Wednesday said his ruling party had "taken a hit" over a spate of scandals including a graft probe and senior lawmakers' resignations, which shocked the city-state otherwise known as a haven of political stability. He said such incidents involving ministers are rare, and that the ruling People's Action Party (PAP) has "zero tolerance" for corruption. "...The PAP has taken a hit but we will show Singaporeans that we will uphold standards and do the right thing, so that trust is maintained," he said. While the PAP has maintained a grip on power since 1959, voters, already bruised by high living costs, have raised eyebrows at the graft probe and resignations of two senior PAP lawmakers on account of an "inappropriate relationship". When asked why their relationship was kept under wraps since late 2020, Lee said, "I should have forced the issue earlier".

Persons: Lee Hsien Loong, Iswaran, General's Chambers, Lee, Kanupriya Kapoor Organizations: Transport, Action Party, Thomson Locations: SINGAPORE, Singapore

☆ Singapore's prime minister pledges 'zero tolerance' after recent wave of political scandals
▼ + stars: | 2023-08-02 | by ( Clement Tan | ) www.cnbc.com time to read: +2 min

Singapore's prime minister Lee Hsien Loong vowed Wednesday to uphold "zero tolerance" toward any wrongdoing by government officials. His comments came after a wave of political scandals rocked the Southeast Asian nation in recent weeks, tarnishing the pristine image that underpins its standing as a global financial center. "The founding generation built up Singapore and entrusted it to our generation in good shape," Lee said in a parliamentary address Wednesday. Lee said actions taken after these scandals showed two aspects of how his PAP government works. "One, when there is a suspicion or allegation of wrongdoing in the discharge of official duties, especially possible corruption, there is zero tolerance," he said in the first parliamentary session after these events,.

Persons: Lee Hsien Loong, Lee, Iswaran, Ong Beng Seng, Tan Chuan, Jin, Cheng Li Hui, Shanmugam, Vivian Balakrishnan Organizations: Central Business District, Party, Home Affairs Minister, Foreign Locations: Bay, Singapore

[1/3] A person walks by a church in the center of Lisbon, Portugal, December 2, 2021. Unimpressed, Almeida and two other victims launched the Coracao Silenciado (Silenced Heart) association, which gives a voice and support to those who have suffered abuse. "The only thing that helps us is to make other victims feel like they are not alone," Almeida said. Francis, who is visiting Portugal to attend a global gathering of young Catholics known as World Youth Day, is expected to meet privately with abuse victims. "There will be young people from all over the world and the reality (of abuse) is present in all continents," she said.

Persons: Pedro Nunes, Filipa Almeida, Pope Francis, Manuel Clemente, Almeida, Francis, Catarina Demony, Andrei Khalip, Conor Humphries Organizations: Reuters Connect, Portuguese Bishops, Conference, Thomson Locations: Lisbon, Portugal, Reuters Connect LISBON, Portuguese

☆ Here's how to invest $100,000 right now, according to billionaire Mike Novogratz
▼ + stars: | 2023-08-01 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

Billionaire Mike Novogratz would put $100,000 in Alibaba stock, silver, gold, ether, and bitcoin. That advice is for young and risk-tolerant investors, he told David Rubenstein on Bloomberg TV. But for more risk-averse investors, Novogratz said they should mainly focus on bonds. I'd be buying silver, gold, bitcoin and ethereum. His preferred assets have made gains year to date, with Alibaba up 12%, gold 7.7%, silver 3.5%, ether 52.5%, and bitcoin 74.4%.

Persons: Mike Novogratz, David Rubenstein, Novogratz, That'd, bitcoin, Larry Fink's, Fundstrat Organizations: Bloomberg, Service, Privacy, Galaxy Digital Locations: Wall, Silicon, Beijing, BlackRock

☆ Amazon employees leak secret info that marketplace sellers can buy on Telegram
▼ + stars: | 2023-08-01 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +7 min

For a fee of $200 to $400, sellers can pay for services like "Amazon Magic," as one broker on encrypted messaging service Telegram calls it. The Telegram group has over 13,000 members, and it's far from the only one. A public Facebook page identified by CNBC offers an internal screenshot service with "valuable insight into your seller account, allowing you to see how Amazon employees view your account and its performance." Account annotations, internal notes from an Amazon staffer on a seller's account, were among the confidential data being exchanged between the defendants and employees. The Amazon Magic group on Telegram is public, with users advertising black hat services almost daily.

Persons: Johnny Milano, Christy Distefano, Remi Vaughn Organizations: Bloomberg, Getty, Telegram, Facebook Groups, Walmart, CNBC, Facebook, Amazon ., LinkedIn, Amazon, Street Journal, Department of Justice, FBI Locations: Melville , New York, China, India, Costa Rica, Ukraine

☆ Bank of Japan needs to move sooner to a new normal as current policy is 'very harmful', says strategist
▼ + stars: | 2023-07-31 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

Japan needs to transition sooner to a "new normal" as the country's current ultra low interest rate policy regime has been "inappropriate" and "very harmful" for the economy, according to a strategist. Central banks around the world have raised rates aggressively to rein in inflation, but Japan has kept its benchmark rate at -0.1% since 2016. On Friday, the Bank of Japan kept its ultra low interest rates unchanged but shocked financial markets by loosening its yield curve control — or YCC. "And when you have zero interest rates, it creates all sorts of distortions and dislocations that I think are very harmful." Moving away from negative interest rates would have far-reaching effects on the Japanese economy, from corporate investment to household savings.

Persons: Kevin Hebner, CNBC's, they've, Hebner, It's, Japan hasn't, hasn't Organizations: Bank of Japan Locations: Japan

☆ CNBC Daily Open: More signs the Fed might stop hikes
▼ + stars: | 2023-07-31 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Stripping out food and energy prices, core PCE was 4.1%, the lowest annual increase since September 2021, and rose 0.2% from May. Meanwhile, Germany's gross domestic product stagnated in the second quarter, according to flash estimates, but France's GDP grew by 0.5%, easily beating the expected 0.1%. CNBC Pro's Sarah Min breaks down what analysts are expecting from those data points releasing this week.

Persons: Sarah Min Organizations: CNBC, Federal Reserve, Google, of Japan, Apple, Amazon, Dow Jones Industrial, Big Tech

☆ Illegal child labor on the rise with nationwide violations found, Labor Department says
▼ + stars: | 2023-07-30 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +12 min

JBS has said that they do not tolerate child labor and that they would stop using PSSI at every location where the child labor violations were alleged to have occurred. In addition, the Wage and Hour Division of the Labor Department is currently pursuing more than 700 open child labor cases. Officials at the Labor Department emphasized in a press call this week that the increase in child labor violation findings is partially due to “significantly enhanced child labor enforcement efforts” in recent months. The fight to weaken child labor lawsThe Department of Labor on Thursday said its interagency task force on child labor has begun cross-training with other governmental agencies like Health and Human Services and the Office of Refugee Resettlement to identify and report possible incidences of child labor exploitation. But at the same time that violations of child labor protections are rising, states across the country are introducing legislation to weaken child labor laws.

Persons: it’s, ”, Labor Julie Su, Jordan Barab, Obama, Barab, JBS, Cargill, ” PSSI, PSSI, “, That’s, DOL, Karen Garnett, Tiffanie Boyd, there’s, David Weil, Weil, Jaehoon, Jay, Chang, ” McDonald’s, they’re, Biden, Sen, Rich Draheim, “ That’s Organizations: New, New York CNN, Labor Department, Packers Sanitation Services Inc, Cargill, JBS, Department of Labor, Labor, Occupational Safety, Health Administration, PSSI, Blackstone Group, CNN, McDonald’s, of, “ Employers, Heller School for Social Policy, Management, Brandeis University, Hyundai, Kia, Health, Human Services, Refugee Resettlement, US Department of Agriculture, Economic, Institute, Minnesota, Republican Locations: New York, Nebraska, JBS USA, Minnesota, Louisiana, Texas, Louisville , Kentucky, McDonald’s, United States, DOL, Alabama, Colombia, El Salvador, Guatemala, Honduras, Mexico, Missouri , Ohio, South Dakota, Arkansas, Iowa, America

☆ The Bank of Japan just shocked markets with a policy tweak — here's why it matters
▼ + stars: | 2023-07-28 | by ( Silvia Amaro | ) www.cnbc.com time to read: +5 min

Kazuo Ueda, governor of the Bank of Japan (BOJ). Bloomberg | Bloomberg | Getty ImagesThe Bank of Japan announced Friday "greater flexibility" in its monetary policy — surprising global financial markets. The central bank loosened its yield curve control — or YCC — in an unexpected move with wide-ranging ramifications. When asked if the central bank had shifted from dovish to neutral, he said: "That's not the case. MUFG said that Friday's "flexibility" tweak shows the central bank is not yet ready to end this policy measure.

Persons: Kazuo Ueda, Shigeto Nagai, CNBC's, —, Duncan Wrigley, MUFG, Governor Ueda, Michael Metcalfe, Metcalfe Organizations: Bank of Japan, Bloomberg, Getty, of Japan, Nasdaq, Oxford Economics, disinflation, Capital Economics, U.S, U.S . Federal, Bank, Pantheon, Street Global Locations: Europe, Japan, U.S ., China, dovish

☆ Ex-Twitter safety exec slams Elon Musk's move to reinstate account that shared obscured image of child being tortured: 'This guy blew up my life by saying I condone pedophilia and then he turns around
▼ + stars: | 2023-07-28 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

Yoel Roth slammed Elon Musk's decision to reinstate a user that posted a child torture image. Yoel Roth, Twitter's former head of trust and safety, took a dig at Elon Musk's decision to reinstate an account that had posted an obscured image of a toddler being tortured. "For now, we will delete those posts and reinstate the account," Musk wrote on X, after McGee's suspension brought backlash from his right-wing supporters and a number of "Free Dom" posts. Roth, the site's former head of trust and safety, wrote on BlueSky that he found Musk's decision to be confusing. But after resigning from the role two weeks into Musk's ownership, Roth changed his tune.

Persons: Yoel Roth, Elon, Musk, Twitter's, Roth, Twitter —, Dominick McGee, McGee, he'd, Peter Scully, Dom, Barack Obama — Organizations: Morning, Elon, Twitter, Washington Post Locations: Australian, Philippines, British

☆ Europe stocks open lower as French economy grows 0.5%; Bank of Japan jolts markets with policy shift
▼ + stars: | 2023-07-28 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

The Stoxx 600 index was down 0.36% in early trade, with media and tech stocks shedding some of Thursday's strong gains to fall 1.4% and 1.3%, respectively. Japan's strict yield curve control policy will now allow movements in the range of around plus and minus 0.5% without "rigid limits," the central bank said. The central bank also offered to buy 10-year bonds at 1% every business day through fixed-rate operations, effectively expanding its tolerance by another 50 basis points. The unexpected move rattled Asia-Pacific markets, with Japan's Nikkei 225 falling by over 2%, the yen gaining and the 10-year bond yield rising to its highest level since September 2014. Global markets are also sensitive to monetary policy moves in Japan, due to its longstanding status as the world's biggest creditor nation.

Persons: — CNBC's Clement Tan, Sumathi Bala Organizations: Bank of Japan, Japan's Nikkei, European Central Bank, Dow Jones Locations: Asia, Pacific, Japan

Djamani was sentenced to the mandatory death penalty in 2018 after being convicted of possessing 31 grams of heroin. Djamani is the first woman to be hanged in Singapore since hairdresser Yen May Woen, 36, in 2004, who was also convicted of drug trafficking. Criminal lawyer Joshua Tong said those convicted of drug trafficking were usually men, but he had seen “his fair share” of women drug offenders. We demand an immediate moratorium on the use of the death penalty,” the group wrote on X, formerly known as Twitter. The case put Singapore’s zero-tolerance drug laws back under scrutiny, with rights advocates arguing the mandatory death penalty for drug trafficking is an inhumane punishment.

Persons: Saridewi, Djamani, Yen, Woen, ”, Celia Ouellette, “, ” Adilur Rahman Khan, Chiara Sangiorgio, Joshua Tong, Tong, Mohd Aziz bin Hussain, Kirsten Han, “ TJC, Suppiah, Dharmalingam Organizations: CNN, Singapore, Central Narcotics Bureau, Business Initiative for Justice, International Federation for Human Rights, Ministry of Home Affairs, Twitter, United Nations Office, Drugs Locations: Changi, Singapore, “ Singapore, France, Asia, East, Southeast Asia

☆ US not seeking permanent base in Papua New Guinea, defense secretary says
▼ + stars: | 2023-07-27 | by ( ) www.reuters.com time to read: +2 min

July 27 (Reuters) - U.S. Secretary of Defense Lloyd Austin said on Thursday during a visit to Papua New Guinea that Washington was not seeking a permanent base in the Pacific Islands nation under a new defence agreement. Papua New Guinea (PNG) and the United States signed a defence cooperation agreement in May that sets a framework for the U.S. to refurbish PNG ports and airports for military and civilian use. read moreAustin met with PNG's Prime Minister James Marape on a visit to discuss the deepening defence ties. "I just want to be clear, we are not seeking a permanent base in PNG," Austin told a news conference in the Papua New Guinea capital Port Moresby. He said the two nations were deepening an existing defence relationship, and would modernise PNG's defence force and boost interoperability.

Persons: Defense Lloyd Austin, Austin, James Marape, Marape, Kirsty Needham, Alasdair Pal, Tom Hogue, Michael Perry Organizations: Defense, United, PNG's, Beijing, Solomon Islands, China, Thomson Locations: Papua New Guinea, Washington, United States, U.S, Australia, Port Moresby, PNG's, Pacific, China, Taiwan, Solomon, Marape, Philippines, Korea, Sydney

☆ Jeffrey Epstein withdrew up to $80,000 in cash 'several times a month' while he paid girls for 'massages,' court filings say
▼ + stars: | 2023-07-25 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +9 min

At the time, there were reports that he paid cash to girls for "massages" — a code word for sex. When asked about the large withdrawals, Epstein said he needed to pay for jet fuel. JPMorgan's private bank has a policy to "discourage" large cash deposits and spending. Bankers, according to an excerpt of the guidelines filed in court Tuesday morning, are responsible for getting clients to explain their large cash withdrawals. "Issue is he really never stopped the large cash withdrawals," a compliance officer wrote then.

Persons: Jeffrey Epstein, Epstein, Morgan, Jeffrey Epstein's, James, Emily Michot, Ghislaine Maxwell, sexualized massages, Glenn Dubin, Sergey Brin, Bill Gates, Leon Black, Larry Summers, Prince Andrew, Ehud Barak, Thomas Pritzker, Benjamin Netanyahu, JPMorgan, Alexander Acosta, Mr, John Duffy, Mary Erdoes, Erdoes, Duffy Organizations: JPMorgan, Morning, JPMorgan Chase, Private Bank, Banker, Islands, US Virgin Islands, U.S ., Miami Herald, Tribune, Service, Getty, Virgin Islands, police, US, Office, Southern, of Locations: Little St, U.S, U.S . Virgin Islands, Palm Beach, Sultan, Dubai, Prince, Florida, of New York

New York CNN —A 68-year-old woman has her job back after she was fired last month for attempting to stop shoplifters at a Lowe’s store in Georgia. “The Lowes (sic) employee, Donna Hansbrough was fired for attempting to stop the theft,” the post said. “After senior management became aware of the incident and spoke to Donna Hansbrough today, we are reinstating her job and we are pleased that she has accepted the offer to return to Lowe’s,” Lowe’s said. In Kansas, Kansas Attorney General Kris Kobach, a Republican, said retail crime is a “spiraling problem,” adding that Kansas and Missouri are among the top 10 states in the nation for the volume of retail crime. “There is a link between drug trafficking and organized retail crime,” Kobach told lawmakers in June.

Persons: Donna Hansbrough, Lowes, “ Lowes, Donna, ” Lowe’s, Hansbrough, “, Kris Kobach, Kobach, ” Kobach, ”, Read Hayes, they’ve, Lululemon Organizations: New, New York CNN, Rincon Police Department, Lowes, CNN, Retailers, National Retail Federation, Republican, Kansas, “, University of Florida, Prevention Research Council, Walmart, “ Retailers Locations: New York, Georgia, Rincon, San Francisco, America, In Kansas, Kansas, Missouri, Peachtree Corners , Georgia

☆ Morgan Stanley cuts Israel sovereign credit to "dislike stance" after judiciary changes
▼ + stars: | 2023-07-25 | by ( Marc Jones | ) www.reuters.com time to read: +1 min

"Markets are now likely to extrapolate the future policy path and we move Israel sovereign credit to a 'dislike stance'." They added that recent developments pointed to "continued uncertainty" in Israel and for the shekel currency to weaken and borrowing costs to rise as investors attach a higher risk premium. "In our adverse scenario we think that growth could weaken significantly to 1.6% (year-on-year) in 2024 with inflation remaining significantly above the Bank of Israel's tolerance band." "For now, we keep our call for one more 25 basis point hike to 5% at the BoI's September meeting, but risks to the rates outlook are now shifting to the upside again." Reporting by Marc Jones and Steve Sheer in Jerusalem, additional reporting by Ari Rabinovitch; Editing by Amanda CooperOur Standards: The Thomson Reuters Trust Principles.

Persons: Morgan Stanley, Benjamin Netanyahu, Morgan, Marc Jones, Steve Sheer, Ari Rabinovitch, Amanda Cooper Organizations: Bank of, Thomson Locations: Israel, Jerusalem

BEIJING, July 24 (Reuters) - China is struggling to revive foreign investment in its financially battered cities and provinces as foreign firms remain wary of political risks and new incentives fall far short of sweeteners once used to attract overseas money. With their coffers depleted after an economically bruising pandemic and property crisis, local authorities have been racing to find new revenue sources, with foreign investment particularly coveted. He cited five meetings between their London office and delegations from Chinese local governments in late June. PART OF THE SYSTEMLocal authorities carry out a delicate balancing act when courting foreign investment and dealing with critical questions about Xi's security policies. "As far as the macro situation is concerned, local governments can't do anything to reassure foreign investors.

Persons: Premier Li Qiang, Kiran Patel, Xi Jinping's, Noah Fraser, it's, Li Qiang, Agatha Kratz, Joe Cash, Brenda Goh, Sam Holmes Organizations: Premier, China - Britain Business Council, China's Ministry of Commerce, Canada China Business Council, Communist Party, Thomson Locations: BEIJING, China, Sichuan, Chaozhou, Shanghai

☆ There was a gonorrhea outbreak at a McDonald's branch among staff who were having sex with each other, a report says
▼ + stars: | 2023-07-22 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +3 min

There was an outbreak of gonorrhea among staff at a McDonald's branch in the UK, a report says. The BBC reported that there had been an outbreak of gonorrhea among staff at a branch in Northern Ireland but did not provide any further details. Another manager at a Cheshire branch is alleged to have tried to pressure a 16-year-old female worker into having sex. He added that McDonald's UK would investigate all of the allegations. The US-owned hamburger chain has 1,450 outlets in the UK and employs 170,000 staff, the BBC reported.

Persons: Alistair Macrow Organizations: Northern, Service, BBC, . Workers, vapes, Workers, Ireland Locations: Northern Ireland, Wall, Silicon, Hampshire, Cheshire, Plymouth

☆ India is said to be an 'oasis' in the desert. Here are some sectors to watch for
▼ + stars: | 2023-07-21 | by ( Charmaine Jacob | ) www.cnbc.com time to read: +8 min

Major economies were hit by higher inflation during the Covid-19 pandemic, but India's inflation was already elevated. In June, India's inflation rate was 4.81%, which remains within the Reserve Bank of India's tolerance band of 2% to 6%. There is a paradigm shift and flight of capital from Indian households savings to equity to contribute to the India growth story," Azeez told CNBC's "Squawk Box Asia" last week. "So whichever way one looks at the economic numbers, India appears as an oasis in the global desert," he added. watch nowHowever, Matthew Asia's Mittal said that instead of buying into pharmaceutical companies, upstream companies such as Syngene will be a good investment opportunity.

Persons: Goldman Sachs, Darren Robb, Feroze Azeez, Anand, Azeez, CNBC's, Nifty, it'll, Soumya Rajan, Peeyush Mittal, Nilesh Shah, Shah, Financials, Rajan, Waterfield's Rajan, We've, we've, Hindenburg, Matthews, Mittal, India's, Nestle, Kotak's Shah, Punit Paranjpe, Matthew Asia's Mittal Organizations: Bank, Getty, Wealth, Reserve Bank, Monetary Fund, Waterfield, Matthews Asia, CNBC, Mahindra Asset Management, IDFC, IDFC Ltd, HDFC Bank, Housing Development Finance Corporation, India's HDFC Bank, ICICI Bank, Bajaj Finance, Mahindra Finance, Nestle, World Bank, Nurphoto, Hindustan Unilever, Britannia Industries, Manufacturing Global, Godrej Aerospace, Afp Locations: India, United Kingdom, Japan, Mumbai, China, Nestle India, LuLu, Lulu, Kerala

ORLANDO, Florida, July 20 (Reuters) - Chinese stocks have traded at a discount to global peers for over a decade but have rarely been cheaper than they are now. The fact that U.S. equities are more expensive than Chinese stocks is nothing new. At minimum, investors will need clearer evidence of a turnaround in China's economic and market conditions before moving back into its equities in any great size. The era of double-digit annual GDP growth looks to be over, and challenges are multiple and mounting. Nominal annual GDP growth of 4.8% in the second quarter was lower than real GDP growth of 6.3%, a huge deflation red flag.

Persons: Goldman Sachs, China's, Zhang Zhiwei, Zhang Dandan, Jamie McGeever, Jamie Freed Organizations: Nasdaq, NYSE, Monetary Fund, Citi, Bank of America, Societe Generale, Peking University, Wall, Reuters, Thomson Locations: ORLANDO, Florida, China, United States, U.S, Beijing, India

☆ Scientists identify which butterflies are most at risk as the climate warms
▼ + stars: | 2023-07-21 | by ( Jenna Schnuer | ) edition.cnn.com time to read: +8 min

But when things really heat up, they adjust their body temperature in relation to the air temperature through strategies called thermal buffering and thermal tolerance. Thermal buffering includes physical acts like moving into a cooler, shadier area or slanting wings out of the direct path of sunlight. “These are molecules that many animals, butterflies and humans included, produce to protect themselves from high temperatures,” Ashe-Jepson said. For the thermal buffering test, the researchers caught, tested and released 1,334 butterflies representing 54 species from six butterfly families. To test thermal tolerance, a smaller group of the captured butterflies was put to work one more time.

Persons: —, ”, Esme Ashe, Jepson, ” Ashe, “, Ashe, Akito Kawahara, they’ll, ” Kawahara Organizations: CNN, University of Cambridge, Smithsonian Tropical Research, McGuire, University of Florida Locations: United Kingdom, Panama, Biodiversity, Gainesville

☆ Like strongman, like son? Cambodia's Hun Manet makes political debut
▼ + stars: | 2023-07-20 | by ( Clare Baldwin | ) www.reuters.com time to read: +6 min

[1/2] General Hun Manet, son of Cambodia's Prime Minister Hun Sen holds a party flag as he attends a kickoff of an election campaign rally for the upcoming national election in Phnom Penh, Cambodia, July 1, 2023. The political debut of Hun Manet, 45, marks one of the final steps in a decades-long grooming process that is expected to end with him succeeding his father as prime minister. For some, Hun Manet represents a young, fresh face who will further develop Cambodia. He recently hosted Hun Manet as an AmCham guest of honour. In 2019 and 2020, Hun Manet met three foreign leaders, the Lowy Institute think tank said.

Persons: Hun Manet, Cambodia's, Hun Sen, Cindy Liu, Hun, Anthony Galliano, Hun Manet's, liberalize, spokespeople, Hun Sen's, Sam Rainsy, feudalistic, Manet, Lee Morgenbesser, he's, Morgenbesser, I've, –, Clare Baldwin, Kay Johnson, Robert Birsel Organizations: REUTERS, Cambodian, Cambodia People's Party, National Assembly, Cambodia, ASEAN Parliamentarians, Human Rights, Reuters, U.S, New York University, University of Bristol, ABC, Griffith University, Royal Cambodian Armed Forces, Lowy Institute, Thomson Locations: Phnom Penh, Cambodia, Thai, West, Southeast Asia, Western

☆ Using AI to monitor orphaned elephants in Botswana could usher in the return of the woolly mammoth
▼ + stars: | 2023-07-19 | by ( Tom Page | ) edition.cnn.com time to read: +7 min

The startup has entered a collaboration with Elephant Havens, a wildlife foundation based in the Okavango Delta that cares for orphaned elephants. The findings, the organizations hope, could provide a blueprint for releasing the elephants into the wild and mammoth hybrids to the tundra. A new system for elephant monitoringHuman-wildlife conflict is the leading cause of elephant orphans in Botswana, says Elephant Havens founder Debra Stevens. After five years in the enclosure, Elephant Havens will reintroduce these bonded herds into the wild, and monitor their progress for a decade. Biotech company Colossal wants to create a hybrid combining mammoth DNA with that of Asian elephants.

Persons: “, –, Elephant, We’ll, ”, Matt James, Debra Stevens, “ That’s, Stevens, revel, Havens, Steve Metzler, Dr, Wendy Kiso, James, Debra, ” James, Ben Lamm, ” Lamm, Lamm Organizations: CNN, Colossal Biosciences, Biotech company Colossal, Colossal Locations: Botswana, Africa, rewilding, America

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