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U.S. Lobbyists Drop Chinese Clients Amid Tightened Scrutiny
Lobbying firms in Washington are reportedly rushing to drop clients from China as lawmakers look to tighten scrutiny. The push comes in the wake of a surge in Chinese lobbying in recent years and growing concerns about China’s influence. Legislators aim to prevent the Chinese Communist Party (CCP) and the People’s Liberation Army (PLA) from using gray areas to secretly advance policy agendas that harm the interests of the American people.
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Demand for Computer Chips Fueled by AI Could Reshape Global Politics and Security
A global race to build powerful computer chips that are essential for the next generation of artificial intelligence (AI) tools could have a major impact on global politics and security. The US is currently leading the race in the design of these chips, also known as semiconductors. But most of the manufacturing is carried out in Taiwan.
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AI Chip Race: Fears Grow of Huge Bubble
A global contest is underway to build powerful chips for the next generation of artificial intelligence. OpenAI CEO Sam Altman is calling for a $7 trillion investment.
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Hurricanes and Power Grids: Eliminating Large-Scale Outages with a New Approach
Large scale-power outages caused by tropical cyclones can be prevented almost entirely if a small but critical set of power lines is protected against storm damages.
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Israeli Tech to Help Modernize Pacific Northwest Power Grid
Exodigo gets federal funding to help Pacific Northwest National Laboratory transition to underground electric power lines.
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Chicago Is the Latest City Rethinking Disputed Technology That Listens for Gunshots
More than 150 U.S. cities use ShotSpotter, but now Chicago has joined a growing list of cities that have cut ties with the controversial company that tries to reduce urban gun violence with 24/7 technology that listens for the crack of gunshots and immediately notifies police.
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Cybersecurity Software Wins a 2024 Federal Laboratory Consortium Excellence in Technology Transfer Award
Lincoln Laboratory–developed Timely Address Space Randomization (TASR) was transferred to two commercial providers of cloud-based services.
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Indonesia Harnesses Chinese Capital and Innovation to Dominate World Nickel Production
Indonesia’s success in deploying Chinese capital and innovation to become the dominant force in the global nickel industry has been achieved in the face of concerted opposition from the European Union through the World Trade Organization.
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Will The EU Ban Russian Aluminum?
It is estimated that the European Union still imports the metal from Russia to the tune of 2.3 billion euros ($2.5 billion) per year. The bloc also exports various aluminum products to Russia, worth some 190 million euros. About 85 percent of Russia’s aluminum business — including the lucrative construction and automotive industries – are so far untouched by sanctions. EU member states want to change that.
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New Contract Approved by Security Officers Represented by LEOS-PBA Will See Major Wage Increase
LEOS-PBA has successfully negotiated with Paragon Systems a new contract for union members in upstate New York, a contract which will see the highest wage increase ever given to Paragon Protective Security Officers (PSOs). The contract will see more than 30 percent wage increase over the next three years.
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Does Australia Have the Will to Develop the Next Critical Mineral at Scale?
The forces of demand driven by the global energy transition and supply limited by geopolitics are coalescing to make yet another mineral globally ‘critical’—uranium. Australia’s rich economic geology has endowed it with the world’s biggest uranium resources. Yet Australians have a long-term aversion to uranium mining.
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Shoring Up Ports to Withstand Cyberattacks
There are more than 300 ports in the United States, employing an estimated 31 million Americans, and contributing about $5.4 trillion to the country’s economy The White House is moving forward with reforms aimed at shoring up cybersecurity at U.S. ports, some of which may already be in danger of falling under the sway of hackers linked to China.
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Cybersecurity and Data Protection: Does ChatGPT Really Make a Difference?
Cybersecurity and data privacy have become central concerns, affecting business operations and user safety worldwide. A new analysis has looked at the various approaches to cybersecurity and data protection taken by key global players, namely the European Union, the United States, and China.
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NYC to Launch Debit-Card Pilot Program for Migrants
New York City announced it was launching what it described as a cost-saving pilot program to provide 500 migrant families with prepaid debit cards to buy food and baby supplies. The debit-cards will be loaded with an average of $12.52 per person, per day, for 28 days, and the city says the program will save $600,000 per month and $7.2 million annually relative to the current system of providing boxes with non-perishable food.
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NYC’s EBT System for Benefit-Delivery System: Backgrounder
In choosing to use the Electronic Benefit Transfer (EBT) system to deliver benefits to migrants, New York City has chosen a tried and proven benefits-delivery system. Over the past two decades, the EBT system has become the cornerstone of efforts by the federal, state, and local governments to deliver social benefits effectively, efficiently, and at a lower cost to the tax payer.
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More headlines
The long view
To Make Children Better Fact-Checkers, Expose Them to More Misinformation — with Oversight
“We need to give children experience flexing these skepticism muscles and using these critical thinking skills within this online context,” a psychology researcher said.
Proof That Immigrants Fuel the U.S. Economy Is Found in the Billions They Send Back Home
Studies indicate that remittances — or money immigrants send back home — constitute 17.5% of immigrants’ income. Given that, we estimate that the immigrants who remitted in 2022 had take-home wages of over $466 billion. Assuming their take-home wages are around 21% of the economic value of what they produce for the businesses they work for – like workers in similar entry-level jobs in restaurants and construction – then immigrants added a total of $2.2 trillion to the U.S. economy yearly. That is about 8% of the U.S. GDP.
Major Lithium Mine Approved in Nevada, Supporting a Domestic Supply of Critical Minerals
Critical minerals are essential building blocks of the modern economy and America’s energy security, from clean energy technologies – like electric vehicle and grid storage batteries and wind turbines – to semiconductors to advanced defense systems and consumer electronics.
Revising the Cost of Climate Change
Climate scientists have warned of calamitous consequences if global temperatures continue their rise. But macroeconomists have largely told a less alarming story, predicting modest reductions in productivity and spending as the world warms. Until now. New study of economic toll yields projections ‘six times larger than previous estimates’.