Day: January 4, 2018

Interior Department Wants to Open 90 Percent of US Continental Shelf to Drilling    

The U.S. Department of the Interior has announced plans to open up 90 percent of America’s coastal waters to oil drilling, including off California and Florida, two areas where activists have worked for years to protect marine ecosystems from oil spills.

The proposed five-year plan released Thursday is much more expansive than one issued by President Donald Trump in April last year. The Interior Department is proposing 47 possible auctions of drilling rights in nearly all parts of the U.S. continental shelf.

It is a major increase from the 11 lease sales during the Obama administration.

The draft plan would allow the sale of drilling leases in 25 of the nation’s 26 offshore planning areas, including 19 areas in the waters around Alaska, seven in the Pacific Ocean, and nine in the Atlantic Ocean.

One area considered off-limits is the waters near Alaska’s far-western Aleutian Islands, which were protected by former President George W. Bush.

“We are going to become the strongest energy superpower this world has ever known,” Interior Secretary Ryan Zinke told reporters Thursday in a conference call. “We want to grow our nation’s offshore energy industry, instead of slowly surrendering it to foreign shores. We will produce enough energy to meet our needs at home, and we will export enough energy to lead the world.”

Zinke also said in a news release Thursday that “responsibly developing our energy resources” is important to the U.S. economy and will help fund coastline conservation. He said the broad proposal is meant to kick off a “lengthy and robust” public comment period.

“Not all areas are appropriate for offshore drilling, and we will take that into consideration in the coming weeks,” he said.

The Department of the Interior is in charge of setting the start date of the 60-day public comment period. 

Some critics of the proposal have already let their feelings be known. 

Florida Governor Rick Scott, an ally of Trump, has already vowed to fight attempts to drill in Florida. In a statement Thursday, Scott said, “I have already asked to immediately meet with Secretary Zinke to discuss the concerns I have with this plan and the crucial need to remove Florida from consideration.”

Another Trump ally in Florida, Representative Matt Gaetz, has also said he is opposed to drilling off the Florida coast.

The administration is currently operating under the five-year plan set by the Obama administration, which covers 2017-2022. Initially, President Barack Obama had proposed drilling off the Atlantic Coast and off Alaska’s Arctic shore, but both proposals were dropped in the final plan.

Last year, Zinke took a number of steps to make it easier to lease and explore for onshore and offshore oil, including removing some safety regulations put into place after the Deepwater Horizon oil spill in the Gulf of Mexico. 

Eleven people died in the initial explosion on the Deepwater Horizon in 2010, and the resulting oil spill — an estimated total of 4.9 billion barrels over five months — is considered the largest industrial spill in the history of the petroleum industry.

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Trump Disavows Granting Access to Author, Tries to Block Publication of Insider Book

U.S. President Donald Trump has disavowed granting White House access to Michael Wolff, author of a book to be published Friday, that portrays a chaotic initial year for the president. In a tweet late Thursday, the president also gave Steve Bannon, who ran Trump’s presidential campaign in its final quarter, a new nickname.

Earlier Thursday, the White House press secretary had to field a barrage of questions for a second consecutive day from reporters about the book.

Most people in the United States could “probably care less about a book full of lies,” responded Sarah Huckabee Sanders, who characterized Fire and Fury as “trash” and something “a fired employee wanted to peddle.”

​That fired employee is Bannon was also chief strategist in the White House for the initial seven months of Trump’s presidency.

Bannon is quoted extensively by Wolff in the 336-page book.

Asked if Breitbart News should fire Bannon, who is executive chairman of the right-wing news and opinion website, Sanders replied, “I certainly think it’s something they should look at and consider.”

A lawyer for the president on Thursday sought to block publication of the book, contending it is defamatory and libelous, demanding Wolff and his publisher, Henry Holt and Co., stop the release of the book. It originally had been scheduled to be released Tuesday, but Wolff said Thursday it now would arrive in bookstores Friday — four days early.

Charles Harder said his legal team is “investigating numerous false and/or baseless statements” made about Trump in the book that Wolff said came from more than 200 interviews he conducted during Trump’s successful election campaign and after the president took office a year ago.

Harder, the previous day, also sent a cease-and-desist letter to Bannon, demanding that he stop making defamatory remarks about Trump and his family.

On Thursday, Trump said, “He [Bannon] called me a great man last night, so he obviously changed his tune pretty quick.”

The White House says President Trump is not trying to block anyone’s constitutional protection of freedom of speech through the legal threats.

“The president absolutely believes in the First Amendment,” responded Huckabee Sanders to a reporter’s question at Thursday’s media briefing. “But as we’ve said before, the president also believes in making sure that information is accurate before pushing it out as fact when it certainly and clearly is not.”

In the most controversial passage in the book, Bannon is quoted saying he thought it “treasonous” and “unpatriotic” that Trump’s eldest son, Donald Trump, Jr., along with the president’s son-in-law, Jared Kushner, now a White House adviser, and then-campaign manager Paul Manafort, met with Russians in the midst of the campaign at Trump Tower in New York. The younger Trump had been promised by an intermediary for the Russians that he would be handed incriminatingdocuments about Trump’s election challenger, Democrat Hillary Clinton, as part of Moscow’s effort to help Trump win, although Trump, Jr. subsequently said no such damaging evidence materialized.

Within hours of the surfacing of excerpt from the book, Trump said in a statement on Wednesday, “Steve Bannon has nothing to do with me or my presidency. When he was fired, he not only lost his job, he lost his mind.”

Trump said that Bannon was “only in it for himself” and “spent his time at the White House leaking false information to the media to make himself seem far more important than he was” at the same time that he had declared war on the media.

Bannon also is quoted as saying that Trump, Jr. will “crack like an egg” under the pressure of the investigations into meddling by Russia in the last U.S. presidential election.

On Thursday, White House officials continued to attack Wolff’s credibility, accusing him of having a record of misquoting interview subjects and inventing scenarios.

“This is a practice he is used to doing,” claimed Huckabee Sanders, describing Wolff’s latest book as “mistake after mistake after mistake.”

Ken Bredemeier and Masood Farivar contributed to this report.

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New York’s Met Museum Will Start Charging Mandatory $25 Fee

New York’s Metropolitan Museum of Art is partially abandoning its “pay-what-you-wish” admissions policy that has made it an egalitarian destination for generations of art lovers.

Starting March 1, the museum will charge a mandatory $25 entrance fee to most adult visitors who don’t live in New York state.

Museum President and CEO Daniel Weiss announced the change Thursday.

Weiss says the extra money will help balance the Met’s $305 million annual operating budget.

Entrance will remain free for all children under 12 and pay-as-you-wish for students up to graduate school in New York and surrounding New Jersey and Connecticut.  

The $25 fee will allow visitors to enter the Met over three consecutive days, instead of just one.

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Childish Gambino, Lady Gaga to Perform at Grammy Awards

Childish Gambino, Lady Gaga, Little Big Town and Pink will perform at the 60th Grammy Awards, which will also feature Broadway musical tributes by Patti LuPone and Ben Platt in honor of the show’s return to New York City.

The Recording Academy announced Thursday the first round of performers for the January 28 awards show, held live from Madison Square Garden.

Gambino will make his Grammy stage debut after being nominated for five awards, including album of the year and record of the year.

LuPone will reprise her 1981 Grammy performance of “Don’t Cry For Me Argentina,” while Platt, who is nominated for his work on the musical album “Dear Evan Hansen,” will perform a classic from “West Side Story” honoring the music of Andrew Lloyd Webber and Leonard Bernstein.

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CBS News Fires Political Director for ‘Inappropriate’ Acts

CBS News has fired its political director, Steve Chaggaris, for “inappropriate behavior.”

CBS News says in an emailed statement that “accounts” of his behavior were brought to their attention in the last two weeks and were “immediately investigated.” He was fired Wednesday for “violating company policy.”

The company did not specify what Chaggaris was accused of and declined to answer follow-up questions. Chaggaris was not immediately available for comment.

Chaggaris had led the news team’s political coverage and appeared on-air. He was a longtime employee, having started at CBS News in 1999, with a two-year gap from 2010-2012 working for a news startup and Yahoo.

CBS News fired Charlie Rose in November from its morning show after several women accused him of unwanted sexual advances.

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YouTube Star Logan Paul Steps Away From Posting After Outcry

YouTube star Logan Paul has stepped away from posting videos following an outcry when he uploaded images of what appeared to be the body of someone who killed themselves in a Japanese forest.

Paul took to Twitter on Wednesday to say he was suspending his video blog “for now” and “taking time to reflect.”

A petition on Change.org that demands his YouTube channel be deleted had been signed by more than 125,000 people by Thursday morning.

Paul created a furor when he posted a video of him in a forest near Mount Fuji showing what seemed to be a body hanging from a tree.

The video was viewed some 6 million times before being removed from Paul’s YouTube channel, a verified account with more than 15 million subscribers.

A storm of criticism followed despite two apologies, with commenters saying Paul seemed disrespectful and that his initial apology was inadequate.

In Paul’s initial apology, he said he had wanted to raise awareness about suicide and possibly save lives, and he denied his goal was to drive clicks to his social media content.

“I thought I could make a positive ripple on the internet, not cause a monsoon of negativity,” he said in his Twitter post.

“I don’t expect to be forgiven. I’m simply here to apologize,” he said on the more somber video apology uploaded on YouTube and Twitter late Tuesday. “None of us knew how to react or how to feel.”

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Death Rates After Surgery Twice as High in African Hospitals

Patients in African hospitals are twice as likely to die after surgery than the global average, according to a new study.

Although African patients were younger and at lower risk than average, 1 percent died of complications after elective surgery, compared to a 0.5 percent death rate worldwide.

“It’s really concerning when you see how high the mortality is, considering that the patients are generally fit and they’re having a lot more minor surgeries,” lead author Bruce Biccard of the University of Cape Town said.

Workforce and resource shortages across the continent are likely a major factor, the authors of the study write in the journal The Lancet.

The group of more than 30 African researchers took a one-week snapshot of surgeries at 247 hospitals in 25 African countries, from Algeria to Madagascar.

The study found a severe shortage of African surgeons, obstetricians and anesthesiologists. Previous research has found that fewer patients die after surgery when there are 20 to 40 specialists per 100,000 population. Across the continent, this study found an average of less than one per 100,000.

In addition to the high death rate, “the most alarming finding was how few people actually received surgery,” noted a commentary accompanying the study. An expert panel has estimated that 5 percent of the population needs surgery in a year. African hospitals on average performed less than one-twentieth of that figure.

It noted that patients were receiving surgery later in the course of their diseases. Nearly 60 percent of the operations were urgent or emergency procedures, compared with about a quarter in high-income countries.

Most of the patients who died did not do so on the operating table, but in the days following surgery.

“We’re actually failing to recognize patients who are having complications in the post-op period,” study author Biccard said. “So a minor complication becomes a major complication.”

That offers an opportunity for improvement, Biccard noted. Since increasing the number of doctors is unlikely in the short term, his group is working on a method “that will tell us before surgery which patients we think are going to get into trouble.”

His group is planning a study in 2019 to see if they can reduce patient deaths by focusing limited resources on patients at the highest risk.

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Dow Breaks 25,000 Barrier for First Time

The Dow Jones Industrial Average broke through the 25,000-threshold for the first time Thursday, and notched another 1,000-point milestone. The index of blue-chip stocks is studded with industrial heavyweights such as Boeing and Caterpillar.

Among the biggest gainers were technology companies and banks. Wells Fargo jumped 1.9 percent and Microsoft rose 0.7 percent.

U.S. President Donald Trump tweeted Thursday morning, “Dow just crashes through 25,000. Congrats! Big cuts in unnecessary regulations continuing.”

 

The Dow increased 118 points, or 0.5 percent, to 25,037. The Nasdaq edged up 16 points to 7,081.

This latest record came in early trading Thursday — only five weeks after closing above 24,000 points for the first time.

Other major indexes also rose to new levels, driven by a strong report on private jobs.

The recent rally has been spurred by faster economic gains around the world, along with a more optimistic outlook from businesses and consumers.

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Cate Blanchett to Head Cannes Film Festival Jury

Australian actress and campaigner against sexual harassment Cate Blanchett will head this year’s Cannes film festival jury, organizers said Thursday.

In a statement, top Cannes officials Pierre Lescure and Thierry Fremaux expressed their delight in welcoming “such a rare and unique artist whose talent and convictions enrich both screen and stage.”

A two-time Academy award winner, Blanchett follows Spanish director Pedro Almodovar, who headed the 70th edition of the festival last year. This year’s star-studded event on the French Riviera will take place from May 8-19.

The appointment of Blanchett, 48, comes months after she expressed her support to the dozens of women who came forward with allegations of sexual assault and harassment against Harvey Weinstein, the disgraced Hollywood mogul.

More recently, she joined the Time’s Up initiative alongside other high-profile actresses including Reese Witherspoon and Emma Stone. The campaign aims to clamp down against sexual harassment and inequality in the workplace.

Cannes organizers did not mention the Weinstein scandal or Blanchett’s commitment to the fight against sexual harassment.

“I have been to Cannes in many guises over the years; as an actress, producer, in the marketplace, the gala-sphere and in competition,” Blanchett said.

“But never solely for the sheer pleasure of watching the cornucopia of films this great festival harbors. I am humbled by the privilege and responsibility of presiding over this year’s jury.”

 Blanchett won the 2014 Oscar for best actress for her part in Woody Allen’s “Blue Jasmine,” ten years after being awarded the Oscar for best supporting actress in Martin Scorsese’s “The Aviator.”

 In 2012, she was honored by the French government and awarded the Chevalier de l’Ordre des Arts et des Lettres by the French Minister for Culture.

 

 “This festival plays a pivotal role in bringing the world together to celebrate story,” Blanchett said. “That strange and vital endeavor that all peoples share, understand and crave.”

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Egypt Detains Female Singer for Video Inciting Debauchery

Egyptian prosecutors have ordered the detention of a little-known female singer over a racy video posted online, the second female singer to face legal action within a month.

The prosecutors charged Laila Amer with violating public decency and inciting debauchery in the video, titled “Bos Omak,” or “Look at Your Mother” a pun on a popular Arabic profanity. She was arrested Wednesday.

Amer appears in the three-minute clip belly dancing and making provocative gestures. It shows her playing a downtrodden housewife complaining to her husband about his bossy mother.

Lawyer Ahmed Mahran, who filed a complaint with authorities over the video, said the clip contributed to “destroying morality and disseminating vice.”

Egypt’s musicians union cancelled Amer’s membership and said in a statement that her video was “an insult to the Egyptian people,” according to the state-run Al-Ahram newspaper.

Last month, Shaimaa Ahmed, another female singer whose stage name is Shima, faced similar charges and was sentenced to two years in prison, which was reduced to one year on appeal.

Ahmed’s video, titled “Andy Zerof,” or “I’ve Got Circumstances”, showed her dancing in her underwear and suggestively licking an apple and eating a banana before a classroom of young men.

Similar cases have been brought before Egyptian courts in recent years.

In 2015, an Egyptian court sentenced two belly dancers, known as Shakira and Bardis, to six months in prison following their conviction on charges of inciting debauchery. Their sentences were later reduced to three months.

Egyptian authorities have been criticized in recent years for their crackdown on dissent and freedoms. In September, they arrested dozens for waving an LGBT rainbow flag at a Cairo concert by a popular Lebanese indie rock band whose lead singer is openly gay. The band, Mashrou’ Leila, was later banned from performing in Egypt.

Egypt is a majority Muslim nation that has steadily grown more conservative over the past half century. However, it remains far more liberal than Gulf Arab nations, with a relatively vibrant arts and music scene.

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Chicken Waste Could Generate Power Plant Electricity

Coal-fired power plants release greenhouse gases into the air, causing pollution and contributing to climate change. But as much as 10 percent of the coal used in power stations could be replaced … by chicken waste. VOA’s Deborah Block has a report.

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Marijuana Sales Brisk in California Following Monday’s Legalization

The recreational use of marijuana is now legal in California. But only a few cities in the U.S. state are ready to start selling pot, which was officially legalized on Jan. 1. The logistics of creating new business models is complicated, but it’s clear the demand is high. VOA’s Kevin Enochs reports.

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Australia Plans Legal Cannabis Exports to a Lucrative World Market

Australia said Thursday it planned to become the fourth country in the world to legalize medicinal marijuana exports in a bid to score a piece of the estimated $55 billion global market.

Cannabis cultivation in Australia is still relatively small, as recreational use remains illegal. But the government hopes domestic medicinal use, legalized last year, and exports will rapidly boost production.

“Our goal is very clear: to give farmers and producers the best shot at being the world’s No. 1 exporter of medicinal cannabis,” Health Minister Greg Hunt told reporters in Melbourne.

Company shares rise

Shares in the more than a dozen Australian cannabis producers listed on the local exchange soared after the announcement.

Cann Group ended the day up 35 percent; AusCann Group rose nearly 54 percent; and BOD Australia closed up about 39 percent. All were record highs for those companies. Hydroponics Company finished up 30 percent, hitting its highest price in five weeks.

Peter Crock, chief executive of Cann Group, which cultivates cannabis for medicinal and research purposes, said medicinal marijuana production had been stymied by limited demand from Australian patients.

“While the Australian patient base is growing, it is very small,” Crock told Reuters. “Being able to export will allow us to have the scale to increase production.”

Hunt said the new legislation would include a requirement that growers first meet demand from local patients before exporting the remainder of their crop.

Three countries export

Despite growing demand, only Uruguay, Canada and the Netherlands have so far legalized the export of medicinal marijuana. Israel has said it intends to do so within months.

The Australian government’s proposal needs to pass federal parliament when it returns to session in February. The country’s main opposition Labor Party has signaled it would support the move. Exports would then likely begin within months.

Fuelled by a growing acceptance of the benefits of marijuana to manage chronic pain, moderate the impact of multiple sclerosis and to soften the effects of cancer treatment, several countries and 29 states in the United States have legalized cannabis for medicinal use.

Australia’s chief commodity forecaster does not publish data on cannabis production, but rough estimates by the University of Sydney estimated the legal industry at A$100 million ($78 million), well below the C$4 billion ($3.19 billion) that Canada estimates its market to be worth.

U.S. consultants Grand View Research last year forecast the global medicinal cannabis market would be worth $55.8 billion by 2025.

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Astronauts: Trump’s Proposed Moon Mission Will Take Time

American astronauts aboard the International Space Station told VOA on Wednesday that their excitement about recently announced plans to restore U.S. manned space missions to lunar orbit was eclipsed only by their skepticism about the logistical feasibility of completing the mission within six years.

“Going back to the moon is a bigger project than a lot of people think,” said Expedition 54 Flight Engineer Scott Tingle, who joined fellow NASA astronaut Mark Vande Hei at the ISS on December 19.

Just last month, David Kring, head of the Lunar and Planetary Institute at the Universities Space Research Association, said the first unmanned launch in the program to get back to the moon could come in a little more than a year.

Kring, who was present at Trump’s signing ceremony for the new lunar policy directive, which came 45 years to the day after Apollo 17’s final moon landing on December 13, 1972, said an unmanned mission to lunar orbit could happen by 2019.

“That will launch the Orion crew vehicle and will orbit the moon without astronauts,” Kring told VOA. “Then in 2023 the vehicle launches again, this time with astronauts who will orbit the moon and return. After that is successful, we can actually deploy the astronauts in space [in between the Earth and the moon].”

US, Russia to cooperate

Russia and the United States in September agreed to cooperate on a NASA-led program to build the first lunar space station as part of a longer-term mission to send humans to Mars. Both countries said a manned lunar spaceport could be orbiting the moon by 2024, when the International Space Station program is slated to end.

Speaking with VOA’s Russian service via an ISS live-feed broadcast by NASA’s Mission Control Center in Houston, Texas, Tingle said successfully launching a manned vehicle into lower-moon orbit by 2023 might not be as simple as it sounds.

“Just because we’ve done it before doesn’t mean we’re that close to doing it now,” Tingle said. “We’ve got a lot of work to do, a lot of engineering to do, a lot of planning to do, a lot of operations to do, and it’s going to be expensive. It’s going to take a lot of manpower, and it’s going to take a lot of thinking outside the box to make it as quickly and efficiently as we can.

“And we can’t do that alone,” he added. “We’re going to need to do it with international partners. So I do believe the international partnership will work; I believe it will be necessary to have a really good product to be able to achieve success with that mission goal.”

‘A wise step’

Despite the logistical challenges, Tingle’s U.S. colleague aboard the ISS, Mark Vande Hei, expressed optimism about the new lunar directive.

“I think it’s an extremely wise step,” Vande Hei said. “I think the moon provides us an excellent opportunity to rehearse, relatively close to the Earth, inhabiting a planetary-sized object with the ability, if things go wrong, to get people back relatively easily when compared with going to Mars.

“I think it’s going to be a huge step for humanity to have a lasting presence anyplace other than lower-Earth orbit,” he added. “I’m really looking forward to getting people on the moon, keeping them there for long periods of time, and then using that as a way to test out equipment to get ready to make sure we do it safely when we finally do get to Mars.”

Tingle was part of a trio of U.S., Japanese and Russian astronauts to join Vande Hei aboard the ISS on December 19.

Vande Hei, who has been aboard the ISS since September, floated aside Tingle and Norishige Kanai of the Japan Aerospace Exploration Agency throughout the interview.

New Year’s in space

The three astronauts, Tingle said, shared a New Year’s Eve dinner with the three Russian astronauts inhabiting another wing of the ISS.

“New Year’s Day, we took a little bit of time off, but more importantly we celebrated by having a nice, good dinner with our Russian colleagues down in the Russian segment,” Tingle said. “They were hospitable to us, and it was fun to sit and relax with them.”

Asked if they popped a bottle of champagne to ring in 2018, Tingle paused, passing the microphone to Vande Hei.

“No, we’re not allowed any alcohol,” said Vande Hei. “But our Russian crewmates went ahead and made us some grape juice with labels that made it look like we had champagne, so that was kind of fun to pretend.”

This story originated in VOA’s Russian service.

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Conditions are Severe for Rohingya Health in Camps

Health workers are concerned with outbreaks of diseases in the massive Rohingya camps housing more than 650,000 people. Cramped quarters, malnourishment and pre-existing health conditions add up to real concerns as new cases of diphtheria worry aid workers. Steve Sandford reports from Cox’s Bazar in Bangladesh.

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Mormon Church Leader Thomas Monson Dies at 90  

Mormon church leader Thomas Monson has died, the church announced Wednesday from its Salt Lake City headquarters. 

He was 90 years old and led the church for 10 years.

Monson became a church bishop when he was just 22, and at age 36 became the youngest apostle in Mormon church history.

Monson was well-respected by Mormons all over the world for his dedication to humanitarian causes, from disaster relief to the simplicity of urging members to bring comfort to someone who is lonely. 

Monson was also a successful newspaper publisher.

The Mormon church is formally known as the Church of Jesus Christ of Latter-Day Saints and was founded in New York state in 1830.

Its 16 million followers around the world regard the church leader as a prophet who received define revelation.

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US Auto Sales Decline, Ending Record Streak

Auto sales in the United States fell by 2 percent in 2017, the first decline in seven years.

Ford Motor reported Wednesday that its new vehicle sales fell 1 percent, as did those of General Motors. Fiat Chrysler reported a decline of 8 percent compared with 2016. Volkswagen said its sales in the U.S. rose by 5 percent.

But even with the decline, the industry sold 17.2 million cars, making 2017 the fourth-best sales year in U.S. history, after 2000, 2015 and 2016, according to Kelley Blue Book.

For the 36th straight year, Ford’s F-Series pickup truck remained the top-selling vehicle in the country. Mercedes-Benz was the top selling luxury brand, even with a sales decline of 1 percent.

Analysts expect auto sales to fall in 2018 because of higher interest rates. But they say the vehicles themselves are to blame for some of the decline. The newer models are more durable so drivers are holding on to their cars longer. The average age of vehicles on the road has climbed to 11.6 years, up from 8.8 years in 1998.

Despite the decline, the industry remains robust. The average price of a new vehicle reached an all-time high last year of $36,113, as drivers bought bigger SUVs with more sophisticated technology.

“It’s still a buoyant industry and the underlying factors that drive it are still very positive,” Ford’s U.S. sales chief, Mark LaNeve, said.

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Security Flaws Put Virtually All Phones, Computers at Risk, Researchers Say

Security researchers on Wednesday disclosed a set of security flaws that they said could let hackers steal sensitive information from nearly every modern computing device containing chips from Intel Corp., Advanced Micro Devices Inc. and ARM Holdings.

One of the bugs is specific to Intel but another affects laptops, desktop computers, smartphones, tablets and internet servers alike. Intel and ARM insisted that the issue was not a design flaw, but it will require users to download a patch and update their operating system to fix.

“Phones, PCs — everything is going to have some impact, but it’ll vary from product to product,” Intel CEO Brian Krzanich said in an interview with CNBC Wednesday afternoon.

Researchers with Alphabet Inc.’s Google Project Zero, in conjunction with academic and industry researchers from several countries, discovered two  flaws.

The first, called Meltdown, affects Intel chips and lets hackers bypass the hardware barrier between applications run by users and the computer’s memory, potentially letting hackers read a computer’s memory and steal passwords.

The second, called Spectre, affects chips from Intel, AMD and ARM and lets hackers potentially trick otherwise error-free applications into giving up secret information.

The researchers said Apple Inc. and Microsoft Corp. had patches ready for users for desktop computers affected by Meltdown. Microsoft declined to comment and Apple did not immediately return requests for comment.

Daniel Gruss, one of the researchers at Graz University of Technology in Austria who discovered Meltdown, said in an interview with Reuters that the flaw was “probably one of the worst CPU bugs ever found.”

Specter a long-term issue

Gruss said Meltdown was the more serious problem in the short term but  could be decisively stopped with software patches. Specter, the broader bug that applies to nearly all computing devices, is harder for hackers to take advantage of but less easily patched and will be a bigger problem in the long

term, he said.

Speaking on CNBC, Intel’s Krzanich said Google researchers told Intel of the flaws “a while ago” and that Intel had been testing fixes that device makers who use its chips will push out next week. Before the problems became public, Google on its blog said Intel and others planned to disclose the issues on January 9.

The flaws were first reported by The Register, a tech publication. It also reported that the updates to fix the problems could cause Intel chips to operate 5 percent to 30 percent more slowly.

Intel denied that the patches would bog down computers based on Intel chips.

“Intel has begun providing software and firmware updates to mitigate these exploits,” Intel said in a statement. “Contrary to some reports, any performance impacts are workload-dependent, and, for the average computer user, should not be significant and will be mitigated over time.”

ARM spokesman Phil Hughes said that patches had already been shared with the companies’ partners, which include many smartphone manufacturers.

“This method only works if a certain type of malicious code is already running on a device and could at worst result in small pieces of data being accessed from privileged memory,” Hughes said in an email.

AMD chips are also affected by at least one variant of a set of security flaws but that can be patched with a software update. The company said it believes there “is near zero risk to AMD products at this time.”

Google’s report

Google said in a blog post that Android phones running the latest security updates are protected, as are its own Nexus and Pixel phones with the latest security updates. Gmail users do not need to take any additional action to protect themselves, but users of its Chromebooks, Chrome web browser and many of its Google Cloud services will need to install updates.

The defect affects the so-called kernel memory on Intel x86 processor chips manufactured over the past decade, allowing users of normal applications to discern the layout or content of protected areas on the chips, The Register reported, citing unnamed programmers.

That could make it possible for hackers to exploit other security bugs or, worse, expose secure information such as passwords, thus compromising individual computers or even entire server networks.

Dan Guido, chief executive of cybersecurity consulting firm Trail of Bits, said that businesses should quickly move to update vulnerable systems, saying he expects hackers to quickly develop code they can use to launch attacks that exploit the vulnerabilities.

“Exploits for these bugs will be added to hackers’ standard toolkits,” said Guido.

Shares in Intel were down by 3.4 percent following the report but nudged back up 1.2 percent to $44.70 in after-hours trading, while shares in AMD were up 1 percent to $11.77, shedding many of the gains they had made earlier in the day when reports suggested its chips were not affected.

It was not immediately clear whether Intel would face any significant financial liability arising from the reported flaw.

“The current Intel problem, if true, would likely not require CPU replacement in our opinion. However the situation is fluid,” Hans Mosesmann of Rosenblatt Securities in New York said in a note, adding it could hurt the company’s reputation.

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