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Thomastroro

29 Jul 2025 - 05:51 am

Job losses
But what about the impact of tariffs on job creation? Surprisingly, an increase in import taxes has been found to result in slightly more unemployment across countries.
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An example provided by Irwin at Dartmouth College points to one plausible explanation — and it has to do with the steeper cost of imported goods.

“A number of studies have shown, on net, we lost jobs from the (2018) steel tariffs rather than gained jobs because there are more people employed in the downstream user industries than in the steel industry itself,” he said.
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kraken darknet
A study by the Federal Reserve Board found that a rise in input costs resulting from US tariff hikes in 2018-19 led to job losses in American manufacturing. The damage from those higher expenses was compounded by retaliatory taxes on US exports, more than offsetting a small boost to manufacturing employment from US tariffs — at least so far, the 2024 paper said.

Retaliation by other countries is indeed another danger of pulling the tariff lever. Higher tariffs on American exports would typically raise their prices for foreign consumers, hitting demand for the goods in many cases.

When Trump announced new tariffs this year, America’s major trading partners were quick to strike back with their own levies, although the US then agreed a temporary truce with China and the European Union.

Costs of free trade
While economists generally agree that free trade has benefited the global economy in recent decades, they acknowledge that it comes with certain costs.

One is the loss of jobs in communities that are particularly exposed to new competition from foreign manufacturers.

That is similar to the impact of technological progress on workers. “Manufacturing jobs as a share of the labor force have come down everywhere. It isn’t a US-specific story,” said Gimber at JPMorgan Asset Management, pointing to automation.

He drew a parallel between helping workers affected by higher imports and what is known as a just transition — the idea that the drastic changes needed to move toward a greener economy should be fair to everyone and minimize harm to workers and communities.

In both cases, providing workers in impacted industries with new skills or retraining them could be key, Gimber said.

Another potential cost of free trade is dependency on far-flung manufacturers. That took on new relevance during the pandemic, which snarled global supply chains, contributing to shortages of products such as face masks and respirators in the US and elsewhere.

However, economists do not typically see tariffs as a good way to build up domestic manufacturing, Fatas at INSEAD said, noting that subsidies for specific industries are viewed as a better tool “because they work more directly.”

But perhaps the strongest argument in favor of free trade is its importance to maintaining peace between nations.

As Gimber’s colleague David Kelly noted in March, closer trade relations give countries more to lose in any conflict.

Rosariohycle

29 Jul 2025 - 04:37 am

The latest Barbie slays in a chic blue polka-dot crop top, ruffled miniskirt, chunky heels and an insulin pump. She is the brand’s first doll with type 1 diabetes.
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Dollmaker Mattel worked with Breakthrough T1D, formerly known the Juvenile Diabetes Research Foundation, to design the doll, which aims to represent the roughly 304,000 kids and teens living with type 1 diabetes in the United States.
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The doll launched Tuesday at the Breakthrough T1D Children’s Congress, a three-day event in Washington that brings in kids and teens living with the condition to meet with lawmakers. This year, they’re asking Congress to renew funding for the Special Diabetes Program, which was first allocated by Congress in 1997. The program’s current funding ends after September.

The advocacy efforts have taken on new urgency this year. With so many deep cuts to federally funded projects in recent months, Breakthrough T1D said it’s anxiously watching to see if this funding will be reupped.

Type 1 diabetes is an autoimmune disease, meaning the body mistakenly attacks its own organs and tissues. In this case, rough antibodies go after cells in the pancreas that make insulin, an essential hormone that helps the body turn food into energy. As a result, the body doesn’t make enough of its own insulin, so people have to take insulin by injection or though a pump to survive.

Type 1 diabetes is typically diagnosed in childhood but can be diagnosed in anyone at any age. It differs from type 2 diabetes, in which people are still able to make insulin but their cells stop responding to it.

In addition to the insulin pump that attaches to the new Barbie’s waist, the chestnut-haired beauty has a continuous glucose monitor on her arm – a button held on by a strip of heart-shaped Barbie-pink tape. Her cell phone displays an app that shows her glucose readings. She also has a light blue purse to hold her supplies and snacks to help her manage her blood sugar throughout the day. It matches her shoes, of course.

Adolphboync

29 Jul 2025 - 04:09 am

Colin Goodson knows more about energy than most people.

The tall, bearded Mainer is an engineer on an offshore oil drilling ship in the Gulf of Mexico. But when it came time for him to build a home in Southern Maine, Goodson largely bypassed fossil fuels.
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The house he built is entirely off the grid, powered from rooftop solar and batteries that convert the sun’s energy to electricity. Electrons power much of his two-story home; it is heated and cooled with heat pumps, and Goodson and his wife cook meals on an induction range. Incredibly well-insulated, the entire home is heated by a small wood stove.
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Goodson loves his new house, even though it has raised the eyebrows of his drilling ship colleagues.

“All the guys at work think I’m crazy,” Goodson said during a recent tour of his home. “They think I’m living in a shack out in the woods somewhere and I go outside to use the toilet, but that’s clearly not the case.”

The house, built by New Hampshire company Unity Homes, is a far cry from a shack. Modern and spacious, it has running water and three bathrooms.
Despite also having initial concerns about her husband’s off-the-grid aspirations, Katie Goodson is a convert as well – especially after the lights stayed on during an intense storm that knocked their neighbors’ electricity out.

“I would never go back,” she told CNN. “When I tell co-workers or neighbors that we live off-grid and they see the house, they’re always like, ‘Whoa, this isn’t what I was expecting!’ It’s really fun surprising people; I live a totally normal life.”

The Goodsons are part of a small but growing number of homeowners who are choosing to build energy-efficient “panelized” homes that are pre-made in a factory. The homes are better for the climate, and although they have a high upfront cost, several homeowners say their energy savings, quality of life and overall cost of living has greatly improved since moving in.

Robertovum

29 Jul 2025 - 02:50 am

Americans nearing retirement and recent retirees said they were anxious and frustrated following a second day of market turmoil that hit their 401(k)s after President Donald Trump’s escalation of tariffs.

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As the impending tariffs shook the global economy Friday, people who were planning on their retirement accounts to carry them through their golden years said the economic chaos was hitting too close to home.

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Some said they are pausing big-ticket purchases and reconsidering home renovations, while others said they fear their quality of life will be adversely affected by all the turmoil.

“I’m just kind of stunned, and with so much money in the market, we just sort of have to hope we have enough time to recover,” said Paula, 68, a former occupational health professional in New Jersey who retired three years ago.

Paula, who spoke on the condition of anonymity because she feared retaliation for speaking out against Trump administration policies, said she was worried about what lies ahead.
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“What we’ve been doing is trying to enjoy the time that we have, but you want to be able to make it last,” Paula said Friday. “I have no confidence here.”

Trump fulfilled his campaign promise this week to unleash sweeping tariffs, including on the United States’ largest trading partners, in a move that has sparked fears of a global trade war. The decision sent the stock market spinning. On Friday afternoon, the broad-based S&P 500 closed down 6%, the tech-heavy Nasdaq dropped 5.8%, and the Dow Jones Industrial Average fell more than 2,200 points, or about 5.5%.

Josephton

29 Jul 2025 - 12:02 am

The latest Barbie slays in a chic blue polka-dot crop top, ruffled miniskirt, chunky heels and an insulin pump. She is the brand’s first doll with type 1 diabetes.
трипскан сайт
Dollmaker Mattel worked with Breakthrough T1D, formerly known the Juvenile Diabetes Research Foundation, to design the doll, which aims to represent the roughly 304,000 kids and teens living with type 1 diabetes in the United States.
https://tripscan.biz
tripskan
The doll launched Tuesday at the Breakthrough T1D Children’s Congress, a three-day event in Washington that brings in kids and teens living with the condition to meet with lawmakers. This year, they’re asking Congress to renew funding for the Special Diabetes Program, which was first allocated by Congress in 1997. The program’s current funding ends after September.

The advocacy efforts have taken on new urgency this year. With so many deep cuts to federally funded projects in recent months, Breakthrough T1D said it’s anxiously watching to see if this funding will be reupped.

Type 1 diabetes is an autoimmune disease, meaning the body mistakenly attacks its own organs and tissues. In this case, rough antibodies go after cells in the pancreas that make insulin, an essential hormone that helps the body turn food into energy. As a result, the body doesn’t make enough of its own insulin, so people have to take insulin by injection or though a pump to survive.

Type 1 diabetes is typically diagnosed in childhood but can be diagnosed in anyone at any age. It differs from type 2 diabetes, in which people are still able to make insulin but their cells stop responding to it.

In addition to the insulin pump that attaches to the new Barbie’s waist, the chestnut-haired beauty has a continuous glucose monitor on her arm – a button held on by a strip of heart-shaped Barbie-pink tape. Her cell phone displays an app that shows her glucose readings. She also has a light blue purse to hold her supplies and snacks to help her manage her blood sugar throughout the day. It matches her shoes, of course.

Samuelmor

28 Jul 2025 - 11:29 pm

More than 200 firefighters are struggling to tackle an out-of-control wildfire on Crete — Greece’s largest island and a tourist hotspot — as authorities order mass evacuations.
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The fire broke out Wednesday afternoon near Ierapetra, a town on the island’s southeast coast, amid unusually high temperatures, 3 to 5 degrees Celsius (5.4 to 9 Fahrenheit) above average, and gale-force winds of around 50 miles an hour.

The conditions are creating “new outbreaks, making firefighting work very difficult,” the Fire Department’s press spokesperson, Chief Vasilios Vathrakoyannis, said in a statement Thursday.
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More than 230 firefighters, along with 46 vehicles and 10 helicopters have been deployed to fight the blaze, according to fire officials.

The flames have spread rapidly, reaching homes as well as hotels and other tourist accommodations.

Authorities asked residents of four settlements to evacuate and move toward Ierapetra. About 1,500 people have been evacuated so far, according to the Greek public broadcaster ERT.

The Ierapetra municipality has converted an indoor training center facility into a makeshift camp, where hundreds of tourists and residents who abandoned their homes spent the night Wednesday.
The police, medical services and the coast guard have all been called to the area.

“We are entering the third and most difficult month of the fire season,” Vathrakoyannis said. July is typically the hottest month in Greece and is often accompanied by strong winds. “These conditions favor the spread of fires and increase their danger,” he said.
Wildfires have ripped through other European countries this week as the continent endures a brutal heat wave.

Tens of thousands were evacuated in Turkey as blazes ripped through the western Izmir and Manisa provinces and southern Hatay province, damaging nearly 200 homes.

Blazes also broke out in France and in Spain, where two people died.

Europe experiences wildfires every year, but they are becoming more intense and frequent due to human-caused climate change, which fuels heat and drought, both helping set the stage for fierce, destructive fires.

Terryamipt

28 Jul 2025 - 10:15 pm

The study’s focus on 12 cities makes it just a snapshot of the true heat wave death toll across the continent, which researchers estimate could be up to tens of thousands of people.
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“Heatwaves don’t leave a trail of destruction like wildfires or storms,” said Ben Clarke, a study author and a researcher at Imperial College London. “Their impacts are mostly invisible but quietly devastating — a change of just 2 or 3 degrees Celsius can mean the difference between life and death for thousands of people.”
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The world must stop burning fossil fuels to stop heat waves becoming hotter and deadlier and cities need to urgently adapt, said Friederike Otto, a climate scientist at Imperial College London. “Shifting to renewable energy, building cities that can withstand extreme heat, and protecting the poorest and most vulnerable is absolutely essential,” she said.

Akshay Deoras, a research scientist at the University of Reading who was not involved in the analysis, said “robust techniques used in this study leave no doubt that climate change is already a deadly force in Europe.”

Richard Allan, a professor of climate science at the University of Reading who was also not involved in the report, said the study added to huge amounts of evidence that climate change is making heat waves more intense, “meaning that moderate heat becomes dangerous and record heat becomes unprecedented.”

It’s not just heat that’s being supercharged in out hotter world, Allan added. “As one part of the globe bakes and burns, another region can suffer intense rainfall and catastrophic flooding.”

Williamtem

28 Jul 2025 - 09:40 pm

‘The most ridiculous thing I’ve ever seen’: Resurgent Rory McIlroy left incredulous after bizarrely hitting two balls at once
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As the latest inductee into one of sport’s most exclusive clubs, there is little that grand slam champion Rory McIlroy has not seen in the game of golf. Then, just past the halfway mark of his Open Championship third round on Saturday, he swung.

Enjoying an excellent day in front of a vociferous home support at Royal Portrush in Northern Ireland, the 36-year-old found himself in a spot of bother when his tee shot at the par-four 11th curved into the rough on the right of the fairway.

The “Oh my God” that followed the subsequent swipe of his wedge was McIlroy’s response to his effort falling short of the green, but the world No. 2’s attention quickly turned to the ball, somehow, at his feet.
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Miraculously, his swing had inadvertently popped up a second ball submerged below his played one in the Dunluce Links soil.

“Oh my goodness … That’s got to be a first hasn’t it?” exclaimed three-time Open winner Nick Faldo on the Sky Sports Golf broadcast.

“He was very fortunate to miss the ferns and the wild rose bushes but then he lands on an old golf ball … what a story.”

McIlroy evidently saw the funny side, holding aloft the hidden treasure with an incredulous smile even as he watched his actual shot trickle away from the green before tossing it into a nearby bush.

After the round, McIlroy said he “honestly” didn’t know what happened on the 11th.

“That is the most weird, ridiculous thing I’ve ever seen. Then my ball came out really weird and spinny. Yeah, just so strange.”
‘One of the largest roars I’ve ever heard on a golf course’
Though a first bogey of the round followed, the five-time major winner immediately responded in stunning fashion to reignite a day he had begun with three birdies in four holes.

Just over 56 feet away from the par-five 12th cup, he knocked a perfectly weighted putt that rolled for more than 10 seconds before dropping in for eagle and sparking rapturous scenes in the stands behind him.

“It’s one of the largest roars I’ve ever heard on a golf course,” he remarked later.

It was the undoubted personal highlight of a day that saw McIlroy, born some 60 miles away in the small town of Holywood, keep his dream of a fairytale home Open win alive, as a five-under 66 lifted him to eight-under par overall.

That left him six strokes adrift of leader Scottie Scheffler: one shot closer than at the start of Saturday but still surely requiring an even greater performance if he is to lift his second Claret Jug.

“He’s playing like Scottie. I don’t think it’s a surprise … He’s just so solid, he doesn’t make mistakes,” McIlroy said.

“He’s turned himself into a really consistent putter as well. So there doesn’t seem to be any weakness there. Whenever you’re trying to chase down a guy like that, it’s hard to do.”

Whatever the outcome, McIlroy has banished the demons of a tearful missed cut when the major returned to Royal Portrush for the first time in 68 years in 2019.

The 29-time PGA Tour winner has enjoyed phenomenal support all week on the Causeway Coast, with chants of “Rory, Rory, Rory” ringing out through rain and shine, even after a steady start of 70 and 69.

‘Absolutely incredible out there. The atmosphere has been electric all day,” McIlroy told Sky Sports.

“An absolute pleasure to play in front of my home crowd, my fans. I’ve tried my best. I try my best every week, but I’m really just trying to hang in there and stay in it.”

Veladuh

28 Jul 2025 - 09:22 pm

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Barrynut

28 Jul 2025 - 08:57 pm

Job losses
But what about the impact of tariffs on job creation? Surprisingly, an increase in import taxes has been found to result in slightly more unemployment across countries.
kra34 cc
An example provided by Irwin at Dartmouth College points to one plausible explanation — and it has to do with the steeper cost of imported goods.

“A number of studies have shown, on net, we lost jobs from the (2018) steel tariffs rather than gained jobs because there are more people employed in the downstream user industries than in the steel industry itself,” he said.
https://kra35c.cc
kraken ссылка
A study by the Federal Reserve Board found that a rise in input costs resulting from US tariff hikes in 2018-19 led to job losses in American manufacturing. The damage from those higher expenses was compounded by retaliatory taxes on US exports, more than offsetting a small boost to manufacturing employment from US tariffs — at least so far, the 2024 paper said.

Retaliation by other countries is indeed another danger of pulling the tariff lever. Higher tariffs on American exports would typically raise their prices for foreign consumers, hitting demand for the goods in many cases.

When Trump announced new tariffs this year, America’s major trading partners were quick to strike back with their own levies, although the US then agreed a temporary truce with China and the European Union.

Costs of free trade
While economists generally agree that free trade has benefited the global economy in recent decades, they acknowledge that it comes with certain costs.

One is the loss of jobs in communities that are particularly exposed to new competition from foreign manufacturers.

That is similar to the impact of technological progress on workers. “Manufacturing jobs as a share of the labor force have come down everywhere. It isn’t a US-specific story,” said Gimber at JPMorgan Asset Management, pointing to automation.

He drew a parallel between helping workers affected by higher imports and what is known as a just transition — the idea that the drastic changes needed to move toward a greener economy should be fair to everyone and minimize harm to workers and communities.

In both cases, providing workers in impacted industries with new skills or retraining them could be key, Gimber said.

Another potential cost of free trade is dependency on far-flung manufacturers. That took on new relevance during the pandemic, which snarled global supply chains, contributing to shortages of products such as face masks and respirators in the US and elsewhere.

However, economists do not typically see tariffs as a good way to build up domestic manufacturing, Fatas at INSEAD said, noting that subsidies for specific industries are viewed as a better tool “because they work more directly.”

But perhaps the strongest argument in favor of free trade is its importance to maintaining peace between nations.

As Gimber’s colleague David Kelly noted in March, closer trade relations give countries more to lose in any conflict.