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The Summary Forecasts for hurricanes Helene and Milton were highly accurate. Nearly five days before Hurricane Milton hit Florida, National Hurricane Center forecasters predicted its track within just 12 miles of where the storm later made landfall. And yet, at a time when hurricane forecasts are at their most accurate, some meteorologists say they’ve never faced so much skepticism, hatred and conspiracy-minded pushback. They take it personally.”Hurricane forecasts have become more accurateHurricane forecasts have improved dramatically over the past 50 years. The National Hurricane Center publishes data each year about how its forecasts have aligned with reality, and the trend shows a decline in track errors since the 1970s.

Persons: Helene, Milton, ”, John Morales, they’ve, They’ve, “, there’s, Matthew Cappucci, ” Cappucci, Cappucci, Bill Gates, Bradley Panovich, “ It’s, Kim Klockow McClain, Shel Winkley, ” Winkley, Hurricane Milton “ Organizations: Hurricane Milton, National Hurricane Center, National Weather Service, NBC, MyRadar, Washington Post, Harvard, Climate, NOAA Locations: Florida, North Carolina, Appalachia, Louisiana, Charlotte , North Carolina, Hurricane

WASHINGTON — The Supreme Court on Wednesday allowed the Biden administration at least in the short term to enforce its latest attempt to curb climate-harming carbon emissions from coal- and gas-fired power plants that contribute to climate change. The Supreme Court is often skeptical of major agency actions but it has bucked that reputation in recent weeks. Under the proposed rule, the EPA wants to require “carbon capture,” a technique that uses solvents to remove carbon dioxide from a power plant’s emissions. The appeals court in July declined to block the regulation, saying the major questions doctrine did not apply on this occasion. In court papers, the challengers sought to portray the new regulation as being essentially the same as the one the Supreme Court struck down.

Persons: WASHINGTON —, Biden, Clarence Thomas, Samuel Alito, Brett Kavanaugh, Neil Gorsuch, Patrick Morrisey, Vicki Patton, Donald Trump, ” Morrisey, Elizabeth Prelogar, Prelogar Organizations: Republican, Environmental Protection Agency, U.S ., Appeals, District of Columbia Circuit, West Virginia, Environmental Defense Fund, Democratic, EPA Locations: West Virginia, U.S, EPA’s bailiwick, ”

Amazon Web Services is investing over $500 million in nuclear power, announcing three projects from Virginia to Washington State. Amazon is the latest large tech company to buy into nuclear power to fuel the growing demands from data centers. An estimated 70% of the world’s internet traffic travels through Data Center Alley each day. “Small modular nuclear reactors will play a critical role in positioning Virginia as a leading nuclear innovation hub,” said Virginia Gov. “Amazon and X-energy are poised to define the future of advanced nuclear energy in the commercial marketplace,” said X-energy CEO J. Clay Sell.

Persons: It’s, there’s, ”, Matthew Garman, Bob Blue, Glenn Youngkin, Youngkin, Garman, Ken Griffin, Clay Organizations: Amazon, Services, Washington State, AWS, Amazon’s, Dominion Energy, Nuclear, Google, Kairos, Constellation Energy, Microsoft, Dominion, Gov, Energy, Fund, Citadel, Ares Management Corporation, NGP, University of Michigan, Talen Energy, Susquehanna Steam Electric Locations: Virginia, Washington, Dominion’s, SMRs, ” Virginia, U.S, Northern Virginia, Loudon County, Washington State, Northwest, Maryland, Salem Township , Pennsylvania, Talen

☆ Considering an electric vehicle? Experts explain how to pick one for your lifestyle and budget
▼ + stars: | 2024-10-16 | by ( Nora Naughton | Tim Levin | ) www.businessinsider.com time to read: +5 min

Used electric vehicles became more affordable after a new tax credit kicked in in January 2023. And as more models flood the market, you can get a particularly good deal on a used EV. Battery range will degrade over timeAnyone who's owned a smartphone knows that lithium-ion batteries wear out over time. The good news is that an EV's battery is unlikely to fail completely or render the car useless. Automotive retail analysts described it as a welcome change for EV shoppers on a budget.

Persons: —, Scott Case, EVs, Graham, Geotab, Nora Naughton, Jim Fish, Fish Organizations: Service, Graham Rapier, Environmental Protection Agency, EV, Opus, Automotive, EVs Locations: Florida

☆ BMW CEO: A 2035 gasoline ban will hit the European car industry 'in its heart' and make it reliant on Chinese batteries
▼ + stars: | 2024-10-16 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

BMW CEO Oliver Zipse says a 2035 gasoline ban will hit the European auto industry. Zipse's warnings come amid fears in the auto industry of a Darwinistic price war with China. AdvertisementA "correction" of the planned 2035 gasoline vehicle ban, Zipse said, would help reduce European OEMs' reliance on China for batteries. This, Tavares said, is because automakers will have to continue to invest in both electric and gasoline vehicles, thus incurring higher costs. Mercedes-Benz CEO Ola Källenius told attendees at the Berlin Global Dialogue conference on October 2 that the Western auto industry is fighting a "Darwinistic-like price war" with their Chinese rivals.

Persons: Oliver Zipse, —, Zipse, weren't, Carlos Tavares, helms, Tavares, Ola Källenius, Källenius Organizations: BMW, Service, Union, Paris Automotive Summit, EU, Zipse, BMW didn't, Business Insider, Western, Chrysler, Fiat, Maserati, Peugeot, Financial Times, European Automobile Manufacturers ' Association, Benz, Berlin Global Locations: China, Europe

☆ A Beloved Maple Tree Had to Come Down, But It Lives On
▼ + stars: | 2024-10-16 | by ( Daryln Brewer Hoffstot | Kristian Thacker | ) www.nytimes.com time to read: +2 min

So it pained me to take down the old sugar maple, my arboreal cathedral, one rafter at a time, her demise not from flames but an underground blaze of fungus. The tree was old when we moved to the farm 36 years ago, about the age of this farmhouse we figured, 160 years. And she’s not the only tree stressed on the farm. We watched the old maple die slowly. I saw no Baltimore oriole nest high in her branches as I had the year before, nor did I find on the ground the glossy white and elliptical egg of a mourning dove.

Persons: rafter, ”, She’s, Anthills Organizations: oriole

☆ Global water cycle off balance for ‘first time in human history’
▼ + stars: | 2024-10-16 | by ( Laura Paddison | ) edition.cnn.com time to read: +5 min

CNN —Humanity has thrown the global water cycle off balance “for the first time in human history,” fueling a growing water disaster that will wreak havoc on economies, food production and lives, according to a landmark new report. The water cycle refers to the complex system by which water moves around the Earth. “For the first time in human history, we are pushing the global water cycle out of balance,” said Johan Rockström, co-chair of the Global Commission on the Economics of Water and a report author. “Precipitation, the source of all freshwater, can no longer be relied upon.”Graphic showing the movement of "green water" and "blue water" in the global water cycle. The report’s authors say world governments must recognize the water cycle as a “common good” and address it collectively.

Persons: ”, Johan Rockström, Bruno Kelly, Richard Allan, Allan, Robyn Beck, Ngozi Organizations: CNN, Global Commission, Water, Nations, Rio, Reading University ,, Getty, World Trade Organization Locations: Manaus, Brazil, Reading University , England, kilter, Huron , California, AFP

☆ Amazon goes nuclear, to invest more than $500 million to develop small module reactors
▼ + stars: | 2024-10-16 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +5 min

Amazon Web Services is investing over $500 million in nuclear power, announcing three projects from Virginia to Washington State. Amazon is the latest large tech company to buy into nuclear power to fuel the growing demands from data centers. "Amazon and X-energy are poised to define the future of advanced nuclear energy in the commercial marketplace," said X-energy CEO J. Clay Sell. Last spring, AWS invested in a nuclear energy project with Talen Energy , signing an agreement to purchase nuclear power from the company's existing Susquehanna Steam Electric Station, a nuclear power station in Salem Township, Pennsylvania. AWS also purchased the adjacent, nuclear-powered data center campus from Talen for $650 million.

Persons: It's, there's, Matthew Garman, Bob Blue, Glenn Youngkin, Youngkin, Garman, Ken Griffin, Clay Sell Organizations: Amazon, Services, Washington State, AWS, Dominion Energy, Nuclear, Google, Kairos, Constellation Energy, Microsoft, Dominion, Gov, Energy, Fund, Citadel, Ares Management Corporation, NGP, University of Michigan, Talen Energy, Susquehanna Steam Electric Locations: Virginia, Washington, Dominion's, SMRs, U.S, Northern Virginia, Loudon County, Washington State, Northwest, Maryland, Salem Township , Pennsylvania, Talen

☆ Jerry Seinfeld says he no longer thinks the ‘extreme left’ has broken comedy
▼ + stars: | 2024-10-16 | by ( Rosa Rahimi | ) edition.cnn.com time to read: +3 min

CNN —Jerry Seinfeld says he “officially” takes back his claim that the “extreme left” is suppressing the art of comedy. This is the result of the extreme left and P.C. Speaking to comedian Tom Papa on Tuesday’s episode of the Breaking Bread podcast, Seinfeld admitted that he “got it wrong” and it is “not true” that the extreme left has inhibited the art of comedy. You don’t make the gate, you’re out of the game. “I don’t think the … extreme left has done anything to inhibit the art of comedy.

Persons: Jerry Seinfeld, “, reminisced, ’, ‘, ‘ Mary Tyler Moore ’, there’ll, ”, Seinfeld, Tom Papa, you’re Lindsey Vonn, you’re, ” Seinfeld, Muhammad Ali, Sean Connery, … Organizations: CNN, Yorker, New Yorker Locations: United States

☆ Consumers are in for some relief: Lower energy prices are on the way
▼ + stars: | 2024-10-16 | by ( Olesya Dmitracova | ) edition.cnn.com time to read: +5 min

London CNN —For consumers still scarred by jumps in their energy bills in recent years, the International Energy Agency has good news: Oil and natural gas prices will probably be lower over the next five years. Energy prices soared in the wake of Russia’s full-scale invasion of Ukraine in February 2022, which followed a rise in global demand as economies reopened after Covid lockdowns put lives on hold. And that “would move us into a very different energy world from the one we have experienced in recent years during the global energy crisis,” he added in a statement accompanying the IEA’s latest World Energy Outlook report. But global oil output has been increasing, thanks mostly to producers in the United States and other countries in the Americas. The energy body reiterated its previous forecasts that demand for oil, natural gas and coal will peak by the end of the decade.

Persons: Covid lockdowns, Ukraine don’t, Fatih Birol, Birol, ” Birol, “ Organizations: London CNN, International Energy Agency, Energy, Brent, IEA, US, CNN, ” Locations: Ukraine, United States, Americas, Qatar

☆ Amazon invests in nuclear energy, hot on the heels of Google and Microsoft
▼ + stars: | 2024-10-16 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

The first sites in Washington and Virginia would provide carbon-free energy to meet growing demand. Amazon's announcement follows recent investments in nuclear energy from Microsoft and Google amid the AI boom. Advertisement"We need smart solutions that can help us meet growing energy demands while also addressing climate change," Amazon's vice president of global data centers, Kevin Miller, said in a statement. The first sites in Washington and Virginia would provide carbon-free energy to meet growing demand through partnerships with Energy Northwest and Dominion Energy, respectively. Constellation Energy has struck a deal to provide Microsoft with nuclear power by reopening the Three Mile Island plant.

Persons: —, Ken Griffin, Kevin Miller, – Organizations: Microsoft, Google, Service, Tech, Amazon, AWS, Citadel, Ares Management Corporation, NGP, University of Michigan, Energy Northwest, Dominion Energy, E, Constellation Energy, Susquehanna, Electric, IEEE Spectrum, Dow Locations: Washington, Virginia, Pennsylvania, New Jersey , Ohio, Texas

☆ Saudi Arabia’s coveted Masters 1000 tennis tournament has stalled as Six Kings arrives in Riyadh
▼ + stars: | 2024-10-16 | by ( Matthew Futterman | ) www.nytimes.com time to read: +11 min

After years of pushing, everything looks ready for Saudi Arabia’s billion-dollar move to become a major force in tennis to take off — with one major hitch. The Ministry of Sport of Saudi Arabia, the Saudi Tennis Federation (STF) and the WTA Tour then announced a three-year deal to host the tour finals. These moves raised Saudi Arabia’s tennis profile, but its potential new tournament at the start of the season was seen as the most important of its tennis investments — and its most divisive. It would cement Saudi Arabia’s place at the center of the sport, bringing with it an extensively criticized human rights record. Saudi Arabia’s moves into tennis have roiled the organisations behind the Grand Slam tournaments.

Persons: Carlos Alcaraz, Rafael Nadal, Daniil Medvedev, Holger Rune, —, Novak Djokovic, Turki Alalshikh, Rome —, ”, Nadal, Sinclair, Chris Evert, Martina Navratilova, “, Jamal Khashoggi, Henry Nicholls, Iga Swiatek, Adam Pretty Organizations: St, Saudi Arabia’s General Entertainment Authority, WTA, Saudi, ATP, Public Investment Fund, SURJ Sports Investment, U.S ., ”, Sport, Saudi Tennis Federation, WTA Tour, Sinclair, Tennis, Rights Watch, Athletic, Wimbledon, Getty, Australia, Tennis Australia, Laver Locations: Hotel, Riyadh, Saudi, Jeddah, Saudi Arabia, U.S, Indian Wells, Madrid, Rome, provisionality, PIF, Istanbul, Turkey, Australia, New Zealand

A young-voter advocacy group backing Vice President Kamala Harris is launching a campaign on TikTok meant to target young voters — but not necessarily those backing former President Donald Trump. The Voters for Tomorrow campaign underscores just how tight the race is between Harris and Trump. “It’s not about winning the White House,” Gates said of the long-shot Stein campaign. “A vote for Stein is really a vote for Trump,” says the voice-over, before playing a clip of Trump praising Stein. In response to the TikTok campaign, Stein campaign manager Jason Call called for a debate between Harris and Stein.

Persons: Kamala Harris, Donald Trump, Jill Stein, Harris, “, Elizabeth Holmes, Anna Delvey, ”, Katy Gates, she’s, ” Gates, Stein, Hillary Clinton, Trump, Clinton, Gen, Santiago Mayer, “ It’s, Mayer, “ We’re, we’re, doesn’t, Jason Call, ” TikTok, TikToker Organizations: Voters, Green Party, NBC, Young Democrats, ”, Tomorrow, NBC News, Trump, White, DNC Locations: Wisconsin, Gates, Pennsylvania , Michigan, Pennsylvania

☆ A La Niña winter is coming. Here’s what that could mean for the US
▼ + stars: | 2024-10-15 | by ( Mary Gilbert | ) edition.cnn.com time to read: +5 min

La Niña isn’t here yet, but has a 60% chance of emerging through November, according to the Climate Prediction Center. While it’s still unclear just how strong La Niña will get, current forecasts favor a weaker one. That outlook could be change when the center releases its latest forecast on Thursday based on trends toward a weaker La Niña. CNN WeatherThis is due to the behavior of the jet stream — essentially a river of air that storms flow through — which often shifts north during a La Niña winter. La Niña had a hand in the extremely wet winter much of the state endured from December 2022 to February 2023 and during the wet winter before that.

Persons: it’s, El Niño, El, Niño, Emily Becker, ” Becker, Niña, It’s Organizations: CNN, El, Northern, La, University of Miami, Dakotas, Niña Locations: United States, Northeast, Midwest, Pacific Northwest, East Coast, Plains, Northern California, Southern California

☆ This startup uses AI to predict wildfires. Check out the 10-slide deck OroraTech used to raise a $27 million Series B.
▼ + stars: | 2024-10-15 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +2 min

Munich-based startup OroraTech has secured a $27 million Series B funding round. The startup uses AI and thermal data to predict and monitor wildfire risks globally. The startup provides thermal data and insights to customers for a range of use cases — predominantly to predict and monitor the risk of wildfires. AdvertisementOroraTech has gained interest from various stakeholders, including governments and insurance companies. The startup makes its money by charging a monthly subscription to companies that can use its API to stream OroraTech data into their own systems.

Persons: OroraTech, Martin Langer, Langer Organizations: Service, Bayern Kapital, Ananda Impact Ventures, ConActivity, Findus Venture Locations: Munich, Greece

☆ Why Big Tech is turning to nuclear to power its energy-intensive AI ambitions
▼ + stars: | 2024-10-15 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

Technology giants are turning to nuclear energy to power the energy-intensive data centers needed to train and run the massive artificial intelligence models behind today's generative AI applications. Microsoft and Google are among the firms agreeing deals to purchase nuclear power from certain suppliers in the U.S. to bring additional energy capacity online for its data centers. This week, Google said it would purchase power from Kairos Power, a developer of small modular reactors, to help "deliver on the progress of AI." Google said its first nuclear reactor from Kairos Power would be online by 2030, with more reactors going live through 2035. The tech giant isn't the only firm looking to nuclear power to realize its AI ambitions.

Persons: Michael Terrell Organizations: Technology, Microsoft, Google Locations: U.S, Pennsylvania

☆ Two pioneering Black CEOs have a warning for companies abandoning diversity
▼ + stars: | 2024-10-15 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +7 min

But opponents ignore both the history of so-called meritocracy, and the fact that DEI programs benefit business, Frazier and Chenault argue. But they said opponents have weaponized select examples of diversity programs that are not practiced widely to oppose DEI entirely. Brandon Bell/Getty ImagesMeanwhile, conservative legal groups are now filing lawsuits targeting companies’ diversity initiatives, and Republican leaders like Florida Gov. Frazier and Chenault said there was a split between companies that rushed to create diversity programs in the wake of George Floyd’s murder in 2020 and companies that have embedded these programs into their business. “For those companies that had integrated DEI into the way they do business, fundamentally, it’s marbled into the meat, so to speak.

Persons: Ken Frazier, Ken Chenault, Ken Chenault’s, John Deere, Davidson, Bud Light’s, Frazier, ” Frazier, America’s “, Elon, Chenault, Roy Vagelos —, — Frazier, Vagelos, weren’t, Merck, —, ” Chenault, don’t, George Floyd, Brandon Bell, Ron DeSantis, Arkansas Sen, Tom Cotton, Bud Light, Robby Starbuck, Starbuck, George Floyd’s, They’re, ” Organizations: New, New York CNN, America, Merck, Black, American Express, Fortune, CNN, Corporate America, Tractor Supply, Boston Consulting Group, DEI, Revelio Labs, White, ” Companies, McKinsey, Republican, Florida Gov, Disney, Nike, Harley Locations: New York, Philadelphia, America, Arkansas

☆ 18 cities with reasonably priced homes that will be million-dollar markets in the next decade
▼ + stars: | 2024-10-15 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Home prices have soared in the last decade, so buyers get less for their money than they once did. Here are 18 markets with reasonably priced homes that are set for strong price growth. In fact, in some of the nation's competitive markets, $1 million is nothing more than the price of admission to home ownership. Below are 18 cities with homes that cost $633,150 or less in Q2 that are set to be million-dollar markets by the end of 2035, sorted by which will reach the $1 million threshold the fastest. Along with each reasonably priced real-estate market is its median home price and projections for the years ahead, as well as the home price growth rate from 2014 to 2024 that it's based on.

Persons: —, Zoocasa's Mackenzie Scibetta, Scibetta Organizations: Service, National Association of Realtors, Golden State, Business Locations: California, Los Angeles, San Francisco, Golden, San Jose, San Francisco's Bay

☆ Google is taking the nuclear option to power soaring demand for AI. Here's why it's such a big deal.
▼ + stars: | 2024-10-15 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +7 min

The search giant has struck a deal to bring new nuclear plants online to power its AI data centers. Google became the first tech giant to broker a deal for entirely new nuclear power plants after it unveiled a partnership with industry firm Kairos Power on Monday. AdvertisementGoogle CEO Sundar Pichai had previously hinted that his company was evaluating investment opportunities in nuclear power. That 86-page report didn't mention nuclear power, bar a single endnote. AdvertisementBy one estimate, a search request on OpenAI's buzzy chatbot demands around 10 times as much electricity as a general Google search.

Persons: —, Power, Sundar Pichai, Justin Sullivan, Getty, Michael Terrell, Ethan Mollick, FQtUsE0L9d, lChspwoZjC, OpenAI, Yann LeCun, Sam Altman, Altman Organizations: Google, Service, Big Tech, Wharton, Microsoft, Constellation, Amazon, Talen Energy, Susquehanna, Electric, Helion Energy Locations: East Tennessee, Baltimore, Pennsylvania, Davos, Big

☆ The Panda Factories
▼ + stars: | 2024-10-15 | by ( Mara Hvistendahl | Joy Dong | ) www.nytimes.com time to read: +30 min

They show that, from the beginning, zoos saw panda cubs as a pathway to visitors, prestige and merchandise sales. Panda keepers with cubs at the Chengdu Research Base of Giant Panda Breeding, in China, in 2022. A Chinese giant panda at the Panda Park in Al Khor, in Qatar, in 2022. Smithsonian Institution Archives A panda wakes up from anesthesia in March 1999 during a seminal study by American and Chinese researchers into panda breeding. Smithsonian Institution Archives Giant panda Mei Xiang taken out of the China Conservation and Research Center for the Giant Panda in Wolong, Sichuan Province, in 2000, for shipment to the National Zoo in Washington.

Persons: Ariana Drehsler, Kati Loeffler, “, ’, Loeffler, Kimberly Terrell, ”, Terrell, Soraya, Xin Bao, zookeepers, Richard M, Nixon, Pat Nixon, Annalisa Meyer, Melissa Songer, Heather Bacon, Bacon, Don Kohlbauer, JoGayle Howard, Darting, Howard, Ping Ping, Thomas Hildebrandt, Dr, Hildebrandt, Lei Lei, Meyer, Lung Yuan Chih, Lung, James Ayala, . Hildebrandt, Ayala, interjected, Mei Xiang, Ken Cedeno, Tian Tian, Xiang, David Wildt, Mei, Mei Xiang vomited, Qi Ji, Agnes Bun, scrawled, Pierre Comizzoli, Mads Frost Bertelsen, Meng Lan, Su Weizhong Organizations: Zoo Washington, Factories, Chengdu Research Base, Archives San Diego Zoo, The New York Times Chengdu Research Base, China, National Zoo, New York Times, Smithsonian Institution, Times, Pandas, Agence France, Memphis Zoo, Tulane University, Smithsonian, San Diego Zoo, The New York, Smithsonian . Pandas, Zoo, Associated Press, University of Central, Bear Care Group, China Conservation and Research Center, San Diego Union Tribune, Feature, Future Publishing, Getty, U.S . Fish, Wildlife Service, ”, Leibniz Institute for Zoo, Wildlife Research, National Zoo Washington, Institution Archives Chengdu Research Base, Breed, The New York Times, Beijing Zoo, Tsinghua University, Animal Studies, Visitors, New York Times China Conservation and Research Center, Smithsonian National, Associated, Smithsonian’s, and Wildlife Service, National, Fujifilm, Smithsonian Institution Archives, Reuters, Smithsonian Channel, “, Copenhagen Zoo Locations: China, Chengdu, Sichuan, Archives San Diego Zoo California, Washington, Louisiana, Japan, San Diego, San Francisco, Indonesia, Qatar, Al Khor, University of Central Lancashire, England, U.S, San, Fuzhou, United States, Feature China, Sichuan Province, Beijing, Berlin ., Wolong, Taiwan, American, estrus, New York Times China, Europe, Washington ,, Washington , DC, Beijing Zoo Beijing

☆ Considering getting flood insurance after Milton and Helene? Here’s what to expect
▼ + stars: | 2024-10-15 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +5 min

Still, “lack of flood insurance is the largest insurance coverage gap we see across the United States,” he said. Here’s what you’re likely to encounter if you’re shopping around for flood insurance policies. Flood insurance 101Homeowners with mortgages are almost always required to have home insurance by their lenders. Most flood insurance is offered through the federally backed National Flood Insurance Program, a part of the Federal Emergency Management Agency. The NFIP estimates that more than 40% of NFIP flood insurance claims come from outside high-risk flood zones.

Persons: Helene, Mark Friedlander, ”, Rebecca Blackwell, policyholders, Melissa Sue Gerrits, Friedlander, Andy Neal, Milton, Neal, Scott Hawkins, ” Hawkins Organizations: New, New York CNN, Insurance Information Institute, CNN, Flood Insurance, Federal Emergency Management Agency, AP, FEMA Locations: New York, North Carolina, United States, Gulf, Mexico, Hurricane Milton, Englewood , Florida, Swannanoa , North Carolina

HONG KONG — China conducted large-scale military drills around Taiwan on Monday in what it said was a warning to “independence forces” on the Beijing-claimed island. The exercises had been expected after Beijing criticized a speech last week by Taiwan President Lai Ching-te. China, which has not ruled out the use of force in achieving its unification goal, views Lai as a separatist and a “troublemaker.” The Chinese military also held two days of “punishment” drills around Taiwan after his inauguration in May. “The existence of the Republic of China is an undeniable fact,” it said in a statement, using the formal name for Taiwan. Lai said in his speech that Taiwan and China were “not subordinate to each other.”“On this land, democracy and freedom are growing and thriving.

Persons: ”, Lai Ching, Lai, Li Xi, Mao Ning Organizations: Taiwan, Chinese Defense Ministry, ‘ Taiwan, Theater Command, Taiwan’s Ministry of National Defense, Mainland Affairs Council, Chinese Communist Party, Foreign Ministry Locations: HONG KONG — China, Taiwan, Beijing, China, ‘ Taiwan Independence, Republic of China, Taiwan Strait, ” China, People’s Republic of China

☆ Nobel Prize in economics 2024 awarded to Acemoglu, Johnson and Robinson for explaining why some nations are rich and others poor
▼ + stars: | 2024-10-14 | by ( Christian Edwards | ) edition.cnn.com time to read: +5 min

London CNN —Three economists were awarded the Nobel Prize Monday for their research into how the nature of institutions helps explain why some countries become rich and others remain poor. Daron Acemoglu, Simon Johnson and James Robinson will share the prize, which carries a cash award of 11 million Swedish kronor ($1 million). The authors warned that “the current path of AI is neither good for the economy nor for democracy.”The latest Nobel Prize in economics was announced in Stockholm on October 14, 2024. In “Why Nations Fail,” he and Robinson argued that China, because it lacks inclusive institutions, would not be able to sustain its economic growth. The economics prize is officially known as Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel.

Persons: Daron Acemoglu, Simon Johnson, James Robinson, –, —, ”, Robinson, Acemoglu, Johnson –, MIT –, Christine Olsson, ” Acemoglu, Alfred Nobel, Claudia Goldin, Goldin Organizations: London CNN —, Massachusetts Institute of Technology, MIT, University of Chicago, TT, Agency, AP, Bank of Sweden, Economic Sciences, Harvard University Locations: Turkish, American, British, Nogales, Arizona, Mexico’s Sonora, Nogales , Arizona, Stockholm, China, Beijing, Bank, Swedish

☆ China launches war games around Taiwan, drawing ire from Taipei, Washington
▼ + stars: | 2024-10-14 | by ( ) www.cnbc.com time to read: +3 min

Taiwan President Lai Ching-te gives a keynote address on national day to mark the 113th birthday of the Republic of China, Taiwan's formal name, in Taipei, Taiwan October 10, 2024. The Chinese military's Eastern Theatre Command said the "Joint Sword-2024B" drills were taking place in the Taiwan Strait and areas to the north, south and east of Taiwan. In 2022, shortly after then-U.S. House Speaker Nancy Pelosi visited Taiwan, China fired missiles over the island. Taiwan's China policy making Mainland Affairs Council said that China's latest war games and refusal to renounce the use of force were "blatant provocations" that seriously undermined regional peace and stability. Joseph Wu, the secretary-general of Taiwan's National Security Council, said Taiwan would "stay alert" but would remain "moderate and responsible, maintain status quo across the Taiwan Strait."

Persons: Lai Ching, Ann Wang, Lai, Nancy Pelosi, Joseph Wu, Wu Organizations: Reuters China's, Eastern Theatre Command, ., Affairs Council, Taiwan's, Affairs, Taiwan's National Security Council Locations: Taiwan, Republic of China, Taipei, Taipei and U.S, China, Beijing, Taiwan Strait, Taiwan's China

☆ 'Free Solo' climber Alex Honnold often sees melted glaciers on his climbs. It's changed the course of his career.
▼ + stars: | 2024-10-14 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +4 min

'Free Solo' climber Alex Honnold witnessed the effects of climate change throughout his career. It inspired him to start the Honnold Foundation in 2012, a non-profit that builds renewable energy resources around the world. He's seen 'dramatic' landscape changes on his climbsHonnold and Caldwell previously planned an ice climb in Patagonia, Argentina. Related storiesHis foundation focuses on communitiesIn 2023, the Honnold Foundation helped launch the first community-led microgrid project in Puerto Rico. "The Devil's Climb" premieres October 17 at 9pm EST on National Geographic and streams the next day on Disney+ and Hulu.

Persons: Alex Honnold, He's, Tommy Caldwell, Caldwell, Renan Ozturk Honnold, Honnold, Matt Pycroft, Hurricane Maria, Adam Skolnick, Skolnick Organizations: Honnold Foundation, Service, Geographic, Hurricane, Disney Locations: Patagonia, Alaska, Argentina, Puerto Rico, Detroit, Memphis, Hulu

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