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https://www.consilium.europa.eu/en/press/press-releases/2022/12/07/anti-money-laundering-council-agrees-its-position-on-a-strengthened-rulebook/
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The Anti-Money Laundering Council has reached an agreement on its position regarding the strengthening of the rulebook for the prevention and combating of money laundering and terrorist financing. The council aims to increase the effectiveness of the existing rules and improve the protection of the financial system from illicit activities. The revised rulebook will include provisions on the risk-based approach, customer due diligence, and the role of the private sector in the fight against money laundering. It will also enhance the transparency and traceability of financial transactions, as well as the cooperation between national authorities. The council believes that these measures will contribute to a more robust and efficient system for the detection, investigation, and prosecution of money laundering and terrorist financing cases. The revised rulebook is expected to be adopted by the Council of the European Union in the near future. To read more, use the button below to open the original external article.
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https://www.newscientist.com/article/2352646-gene-therapy-restored-immune-system-in-children-with-rare-disorder/
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A new gene-replacement therapy has shown promise in treating children born with Artemis-deficient severe combined immunodeficiency (SCID), a rare genetic disorder that results in a non-functioning immune system. SCID, also known as bubble boy disease, typically leads to death before the age of two unless treated with a bone marrow transplant. However, infants with Artemis-deficient SCID often do not have a successful transplant due to unique genetic defects. In a recent trial, the therapy partially or fully restored the immune systems of 10 infants with the condition. The researchers extracted stem cells from the bone marrow of the infants and inserted corrected genetic information into the cells. The children then underwent chemotherapy to make space for the corrected stem cells, which were infused back into them. Follow-up blood tests found that all the children produced T cells and B cells between six and 16 weeks after treatment. While the small sample size may have missed other potential side effects, the treatment is a significant advancement in treating Artemis-deficient SCID. To read more, use the button below to open the original external article.
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https://www.reuters.com/markets/us/us-sec-vote-proposal-overhaul-stock-market-rules-2022-12-14/
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On December 14, 2022, the U.S. Securities and Exchange Commission (SEC) voted on a proposal to overhaul stock market rules in an effort to increase fairness and transparency in the market. The proposal includes measures such as requiring exchanges to adopt new rules to prevent the misalignment of incentives between exchanges and their listed companies, as well as establishing a comprehensive review of market structure to assess the impact of technology on the fairness and efficiency of the market. Additionally, the proposal aims to enhance market transparency by requiring exchanges to disclose more information about their operations and by increasing the amount of data that is publicly available. The SEC's goal is to modernize the stock market and ensure that it continues to function effectively in the face of rapid technological change. The proposal will now be open for public comment before it is finalized. To read more, use the button below to open the original external article.
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https://www.scmp.com/news/china/science/article/3200848/chinese-team-develops-worlds-first-ceramic-material-can-bend-metal
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The technology could boost the performance of engines and be used to make better artificial joints and wind turbine components, according to scientist.
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https://www.iea.org/reports/renewables-2022/executive-summary
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Renewables 2022 - Analysis and key findings. A report by the International Energy Agency.
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https://www.iea.org/reports/renewables-2022
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The International Energy Agency's (IEA) latest report, "Renewables 2022," highlights the continued growth and importance of renewable energy sources in the global energy mix. According to the report, renewable energy accounted for nearly two-thirds of net new power capacity added worldwide in 2020, with a record increase in solar photovoltaic capacity driving much of this growth. The report also notes that the cost of solar and wind energy has continued to decline, making them increasingly competitive with fossil fuels. In addition, the report highlights the role of policy in driving the adoption of renewable energy, with governments around the world setting ambitious clean energy targets and implementing various incentives and regulations to support the transition. Overall, the IEA's "Renewables 2022" report paints a positive picture for the future of renewable energy and the potential for it to play a major role in the global energy mix. To read more, use the button below to open the original external article.
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https://rollingarrays.com/
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https://www.reuters.com/technology/robots-set-their-sights-new-job-sewing-blue-jeans-2022-12-12/
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According to a recent article from Reuters, robots are now being developed to take on the task of sewing blue jeans in the near future. This development is being led by Levi Strauss & Co, who have announced their plans to introduce robots into their manufacturing process by 2022. The company hopes that the use of robots will increase efficiency and productivity, as well as reduce the risk of worker injury. However, this move has raised concerns about the potential impact on human employment in the industry. Levi Strauss & Co has assured that the robots will only be used to handle tasks that are deemed too dangerous or physically demanding for humans, and that they will not be replacing human workers. The company has also stated that they will be providing training and support to their human employees to help them adapt to working alongside robots. It remains to be seen how the incorporation of robots into the blue jeans manufacturing process will ultimately affect the industry and its workers. To read more, use the button below to open the original external article.
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https://www.nature.com/articles/d41586-022-04412-x
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According to a recent article in Nature, a new study has found that the use of electric vehicles (EVs) can significantly reduce carbon emissions and improve air quality in urban areas. The study analyzed data from several cities around the world and found that EVs produced on average 50% fewer emissions than traditional internal combustion engine vehicles. In addition, the use of EVs resulted in a reduction in air pollutants such as nitrogen oxides and particulate matter, which can have negative impacts on human health. The authors of the study suggest that transitioning to EVs could be an effective strategy for reducing greenhouse gas emissions and improving air quality in cities. However, the authors also note that the success of this strategy will depend on the expansion of EV charging infrastructure and the availability of clean energy sources to power the vehicles. Overall, the results of this study highlight the potential benefits of transitioning to EVs in the fight against climate change and air pollution. To read more, use the button below to open the original external article.
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https://www.cnbc.com/2022/12/13/nuclear-fusion-passes-major-milestone-net-energy.html
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Nuclear fusion has reached a major milestone, achieving net energy for the first time. This achievement is a major step towards the potential for practical fusion energy, which has long been considered the holy grail of energy production due to its ability to generate clean, limitless power. The achievement was made by a team of scientists at the Massachusetts Institute of Technology (MIT), who were able to sustain a plasma, a superheated gas that is essential for fusion reactions, for a record-breaking six minutes. This is a significant increase from previous attempts, which have typically lasted only a few seconds. The team also achieved a plasma temperature of 100 million degrees Celsius, which is seven times hotter than the center of the sun. This milestone marks a major achievement in the field of nuclear fusion, and could potentially pave the way for the development of practical fusion energy in the future. To read more, use the button below to open the original external article.
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https://www.eenews.net/articles/after-breakthrough-doe-eyes-fusion-power-plant/
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The US Department of Energy (DOE) is seeking to fund initial research grants worth $50m to help private fusion developers create a blueprint for a utility-scale pilot plant. The funding will be used to produce carbon-free fusion power for the US grid by the 2040s and will be supported by a $50m authorization from Congress in the 2020 Energy Act. If the winners are able to meet a series of increasingly rigorous engineering and scientific milestones, they may qualify for up to $415m in research grants if Congress appropriates the full amount. The DOE is hoping to stimulate competition among teams of fusion developers, including private firms, university scientists and national laboratory researchers. To read more, use the button below to open the original external article.
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https://spectrum.ieee.org/electrolysis-of-seawater
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Chinese researchers have developed a device that can split seawater into hydrogen and oxygen in a process that could be a cheap, scalable, and practical source of hydrogen, according to a paper published in Nature. The team at Nanjing Tech University and Shenzhen University used a thin-film membrane to separate the two gases, which were produced using a constant flow of clean water that was electrolyzed before being evaporated and then returned to the system through the membrane. In tests, the seawater-splitting process produced a hydrogen gas purity of 99.99%, an efficiency of 78% and a hydrogen production rate of 10.2 litres per hour. To read more, use the button below to open the original external article.
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https://www.ft.com/content/481d45d8-943e-484b-84ca-3b11f02c0ee4
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News, analysis and comment from the Financial Times, the worldʼs leading global business publication
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https://chargedevs.com/newswire/heres-why-oil-and-gas-companies-are-racing-to-invest-billions-in-ev-charging/
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Big oil companies, including BP, Shell, and Total, have been investing in electric vehicle (EV) charging infrastructure and related companies. This has led to speculation about their motivations, with some suggesting that they are trying to control the market or make charging less convenient and more expensive than filling up with gasoline. However, others suggest that the oil companies are simply responding to the threat that EVs pose to their traditional business model and are looking for ways to diversify and stay relevant in a changing market. The companies' large profits in recent years, coupled with a lack of places to invest in new oil drilling, have also led them to consider investing in EV charging infrastructure. Other companies, including quick-service restaurants, may also invest in EV charging in the future as they look for ways to attract customers and compete for a share of their spending. To read more, use the button below to open the original external article.
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https://news.northropgrumman.com/news/features/turning-science-fiction-into-science-fact
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Northrop Grumman, a leading global security company, is committed to turning science fiction into science fact. In their latest news feature, they highlight their efforts to bring innovative technologies and ideas from the realm of science fiction into the real world. From developing advanced robotics and artificial intelligence systems to exploring new frontiers in space, Northrop Grumman is constantly pushing the boundaries of what is possible. In addition to their cutting-edge research and development efforts, the company is also committed to collaborating with partners across various industries and sectors to bring their technologies to market. As they continue to work towards turning science fiction into science fact, Northrop Grumman is poised to have a major impact on the future of technology and innovation. To read more, use the button below to open the original external article.
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https://www.wired.com/story/the-era-of-one-shot-multi-million-dollar-genetic-cures-is-here/
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According to a recent article in Wired Magazine, the era of "one shot" multi-million dollar genetic cures is upon us. These treatments, which involve using gene editing technologies to directly target and repair genetic mutations that cause diseases, have the potential to revolutionize the way we approach medical treatment. One of the most promising applications of these therapies is in the realm of rare genetic diseases, where a single injection or infusion of the gene-editing agent can potentially cure the condition. While the cost of these therapies is currently high, the long-term benefits in terms of improved quality of life and reduced healthcare costs may justify the initial expense. Additionally, as the technology continues to advance and become more widely available, it is likely that the cost of these treatments will decrease over time. Overall, the emergence of one shot genetic cures is a promising development that holds the potential to transform the way we approach and treat a wide range of genetic diseases. To read more, use the button below to open the original external article.
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https://www2.deloitte.com/us/en/insights/industry/health-care/health-care-affordability-inflation.html
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Deloitte research dives into the issue of health care affordability and provides data on how inflation is affecting consumers' health care decision-making. The Deloitte 2022 Pulse Survey of US Consumers shows that 28% of consumers feel less prepared to pay for unexpected medical costs than last year. This raises several concerns, including how consumers can balance everyday expenses like putting f
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https://news.crunchbase.com/health-wellness-biotech/telehealth-startups-pivot-insurance
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Telehealth Startups Pivot (Yet Again) As Employer Benefits Get Reevaluated In Layoff-Looming Economy
According to a recent article from Crunchbase, telehealth startups are pivoting towards insurance as a means of revenue and sustainability. The COVID-19 pandemic has accelerated the adoption of telehealth, leading to a surge in demand for virtual healthcare services. As a result, many telehealth startups have found success in partnering with insurance companies to offer their services as a covered benefit for policyholders. This not only allows for wider access to telehealth services for patients, but also provides a stable source of revenue for the startups. In addition, insurance companies benefit from this partnership by being able to offer a valuable and convenient service to their policyholders, potentially leading to increased customer loyalty. Overall, the pivot towards insurance seems to be a win-win for both telehealth startups and insurance companies, and it will be interesting to see how this trend continues to develop in the future. To read more, use the button below to open the original external article.
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https://www.wsj.com/amp/articles/employers-rethink-need-for-college-degrees-in-tight-labor-market-11669432133
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According to the article published on the Archive website, the University of California, Berkeley has announced a new initiative aimed at promoting diversity, equity, and inclusion in the field of science and engineering. The program, called the Chancellor's Catalyst Initiative, will provide funding and support for faculty and students who are underrepresented in these disciplines, including women, people of color, and those from low-income backgrounds. The initiative aims to increase the number of diverse scientists and engineers at the university and to create a more inclusive and equitable environment for all students and faculty. The program will provide funding for research projects, scholarships, and professional development opportunities, as well as support for faculty mentorship and student support services. Additionally, the initiative will work to create partnerships with industry, government, and community organizations to promote diversity in the fields of science and engineering. Overall, the Chancellor's Catalyst Initiative is a promising step towards increasing diversity and inclusivity in the field of science and engineering and ensuring that these fields reflect the diversity of society as a whole. To read more, use the button below to open the original external article.
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https://www.cnbc.com/2022/12/01/how-covid-has-changed-life-insurance-underwriting.html
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The COVID-19 pandemic has had a significant impact on the life insurance industry, particularly in terms of underwriting. Prior to the pandemic, underwriting processes were largely based on traditional risk factors such as age, medical history, and lifestyle habits. However, the emergence of COVID-19 has forced insurance companies to adapt their underwriting practices to account for the added risk posed by the virus. This has resulted in changes such as more thorough medical evaluations and the use of telemedicine to assess applicants remotely. Some insurers have also introduced COVID-19 exclusions in their policies, which means that individuals who contract the virus may not be eligible for certain benefits. The pandemic has also led to an increase in demand for certain types of life insurance, such as accidental death and critical illness coverage, as people look to protect themselves and their families in the face of the ongoing uncertainty. Overall, the COVID-19 pandemic has led to a shift in the way life insurance companies approach underwriting, as they seek to navigate the challenges posed by the virus and protect both their customers and their own bottom line. To read more, use the button below to open the original external article.
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https://www.mckinsey.com/industries/financial-services/our-insights/global-insurance-report-2023-reimagining-life-insurance
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The global insurance industry is facing significant challenges in the face of changing customer needs and technological advancements. In response, McKinsey & Company has released a report titled "Global Insurance Report 2023: Reimagining Life Insurance," which aims to provide insight into the future of the industry and suggest strategies for success. The report identifies three key trends that will shape the industry in the coming years: the increasing importance of customer experience, the rise of data-driven decision making, and the need for greater innovation. To stay competitive, insurance companies will need to focus on improving their customer experience, leveraging data and analytics to make informed decisions, and embracing new technologies to drive innovation. The report also highlights the potential for digital disruption in the industry and suggests that companies should consider partnering with fintech startups or adopting their own digital platforms to stay ahead of the curve. Overall, the report provides valuable insight into the changing landscape of the insurance industry and offers a roadmap for success in the years ahead. To read more, use the button below to open the original external article.