Day: January 9, 2018

Ecuador to Probe Legality of Debt Under Ex-president Correa

Ecuador’s comptroller’s office on Monday announced it will open an audit of debt contracted in the last five years of the government of former President Rafael Correa to determine the legality of the operations and the use of the funds.

The move follows a report by the comptroller’s office revealing that some documentation relating to debt operations had been declared secret and that official reports on public debt had excluded some of the operations.

President Lenin Moreno, a former Correa protege, since his election last year been has criticized the ex-president’s handling of the economy and is seeking to unwind some Correa-era reforms. Correa says such efforts constitute a “coup” by Moreno.

A team of economists, lawyers and businessmen will analyze debt operations carried out between January 2012 and May 2017 and will present recommendations in April.

Comptroller Pablo Celi said Correa and former Finance Ministry officials had been notified about investigation.

Shortly after taking office last May, Moreno said that total public debt was $42 billion dollars, plus additional liabilities including some associated with payments to oil services companies.

I have just learned of a supposed preliminary report on the audit of the debt and a commission that includes several haters of the (Citizen’s Revolution),” Correa said via Twitter, referring to his political movement.

During a later speech in the city of Guayaquil he described the probe as “persecution.”

The former president is leading a campaign for the “No” vote in a Feb. 4 referendum on constitutional reforms include a measure to prohibit indefinite re-election, a measure Correa created that allowed him to run for a second term.

Correa himself in 2008 commissioned a team of experts to study the country’s prior debt operations. The experts concluded that several debt operations were “illegitimate,” leading his government to declare a default.

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Usage Remains Low for Pill that Can Prevent HIV Infection

From gritty neighborhoods in New York and Los Angeles to clinics in Kenya and Brazil, health workers are trying to popularize a pill that has proven highly effective in preventing HIV but which – in their view – remains woefully underused.

Marketed in the United States as Truvada, and sometimes available abroad in generic versions, the pill has been shown to reduce the risk of getting HIV from sex by more than 90 percent if taken daily. Yet worldwide, only about a dozen countries have aggressive, government-backed programs to promote the pill. In the U.S., there are problems related to Truvada’s high cost, lingering skepticism among some doctors and low usage rates among black gays and bisexuals who have the highest rates of HIV infection.

“Truvada works,” said James Krellenstein, a New York-based activist. “We have to start thinking of it not as a luxury but as an essential public health component of this nation’s response to HIV.”

A few large U.S. cities are promoting Truvada, often with sexually charged ads. In New York, “Bare It All” was among the slogans urging gay men to consult their doctors. The Los Angeles LGBT Center – using what it called “raw, real language” – launched a campaign to increase use among young Latino and black gay men and transgender women.

“We’ve got the tools to not only end the fear of HIV, but to end it as an epidemic,” said the center’s chief of staff, Darrel Cummings. “Those at risk have to know about the tools, though, and they need honest information about them.”

Truvada in the U.S.

In New York, roughly 30 percent of gay and bisexual men are using Truvada now, up dramatically from a few years ago, according to Dr. Demetre Daskalakis, a deputy commissioner of the city’s health department.

However, Daskalakis said use among young black and Hispanic men – who account for a majority of new HIV diagnoses – lags behind. To address that, the city is making Truvada readily available in some clinics in or near heavily black and Hispanic neighborhoods.

“We like to go to the root of the problem,” said Daskalakis, who personally posed for the “Bare It All” campaign.

According to the U.S. Centers for Disease Control and Prevention , Truvada would be appropriate for about 1.2 million people in the U.S. – including sex workers and roughly 25 percent of gay men. Gilead Scientific, Truvada’s California-based manufacturer, says there are only about 145,000 active prescriptions for HIV prevention use.

Under federal guidelines, prime candidates for preventive use of Truvada include some gay and bisexual men with multiple sexual partners, and anyone who does not have HIV but has an ongoing sexual relationship with someone who has the virus.

An international approach 

Abroad, a few government health agencies – including those in France, Norway, Belgium, Kenya, South Africa, Brazil and some Canadian provinces – have launched major efforts to promote preventive use of Truvada or generic alternatives, providing it for free or a nominal charge. In Britain, health officials in Scotland and England recently took steps to provide the medication directly through government-funded programs, though in England it’s in the form of a trial limited to 10,000 people.

Truvada was launched in 2004, initially used in combination with other drugs as the basic treatment for people who have HIV, the virus that causes AIDS. It is primarily spread through sex.

Controversy arose in 2012 when the U.S. Food and Drug Administration approved Truvada to reduce the risk of getting HIV in the first place, for what’s called pre-exposure prophylaxis, or PrEP. It blocks the virus from making copies and taking hold. Critics warned that many gay men wouldn’t heed Truvada’s once-a-day schedule and complained of its high cost – roughly $1,500 a month.

Gilead offers a payment assistance plan to people without insurance that covers the full cost. Some cities and a few states – including Illinois, Massachusetts and Washington – also help cover costs. Activists have pressed Gilead to make its copay program more generous in light of its profits from Truvada.

“There’s no reason it has to cost so much,” said Krellenstein.

Gilead spokesman Ryan McKeel, in an email, said the company is reviewing the copay program.

“Like those in the advocacy community, we are committed to expanding access to Truvada for PrEP to as many people as possible,” he wrote.

In June, the FDA approved a generic version of Truvada, which is likely to push the price down, but it won’t be available in the U.S. for a few years.

The Truvada debate has taken many twists, as exemplified by the varying stances of the Los Angeles-based AIDS Healthcare Foundation – a leading HIV/AIDS service provider. In 2012, the group unsuccessfully petitioned the FDA to delay or deny approval of Truvada for preventive use. The foundation’s president, Michael Weinstein, belittled Truvada as “a party drug” and warned it would increase the spread of sexually transmitted infections by encouraging men to engage in sex without condoms.

But last year, the foundation, while still skeptical about some Truvada-related policies, urged Gilead to cut its price to make it more available.

“We have no dispute about its ability to prevent HIV transmission,” said spokesman Ged Kenslea. He noted that the organization’s 40 pharmacies across the U.S. handle many Truvada prescriptions.

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China Says It Shut Down 128,000 Websites in 2017

China shut down nearly 128,000 websites that contained obscene and other “harmful” information in 2017, the official Xinhua news agency reported late on Monday, citing government data.

Xinhua said 30.9 million illegal publications were confiscated in 2017, while 1,900 people were subject to criminal penalties, according to figures from the national office in charge of combating pornography and illegal publications.

Under China’s President Xi Jinping’s leadership, China has tightened censorship and controls of cyberspace as part of efforts to maintain “social stability.”

But while the government says its rules are aimed at ensuring national security and stability, human rights organizations have warned that the country’s tough laws governing the internet amount to repressive measures aimed at quashing dissent.

In Washington-based Freedom House’s 2017 report on internet freedom, China was designated the “worst abuser of internet freedom” for the third consecutive year.

“New regulations increased pressure on companies to verify users’ identities and restrict banned content and services,” Freedom House said in its report.

China has more than 730 million internet users, boasts the largest e-commerce market in the world and has consumers who enthusiastically embrace mobile digital technology. 

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Tunisian Protester Killed in Clashes with Police Over Price Hikes, Unemployment

One person was killed Monday during clashes between security forces and protesters in a Tunisian town, a security official and residents said, as demonstrations over rising prices and tax increases spread in the North African country.

A man was killed during a demonstration against government austerity measures in Tebourba, 40 km (25 miles) west of Tunis, the security official said, without giving details.

The protest had turned violent when security forces tried stopping some youths from burning down a government building, witnesses said. Five people were wounded and taken to a hospital, state news agency TAP said.

Tunisia, widely seen in the West as the only democratic success among nations where Arab Spring revolts took place in 2011, is suffering increasing economic hardship.

Anger has been building up since the government said that from Jan. 1, it would increase the price of gasoil, some goods and taxes on cars, phone calls, the internet, hotel accommodations and other items, part of austerity measures agreed with its foreign lenders.

The 2018 budget also raises customs taxes on some products imported from abroad, such as cosmetics, and some agricultural products.

The economy has been in crisis since a 2011 uprising unseated the government and two major militant attacks in 2015 damaged tourism, which comprises 8 percent of GDP. Tunisia is under pressure from the International Monetary Fund to speed up policy changes and help the economy recover from the attacks.

Violent protests spread in the evening to at least 10 towns with police and crowds clashing in Fernaneh, Bouhajla, Ouslatia, Moulouche, Sabitla, Gtar and Kef.

There was also a protest turning violent in Ettadamen district in the capital, residents said. Security forces had already dispersed small protests in Tunis late Sunday.

On Monday, about 300 people also took to the streets in the central Tunisian town of Sidi Bouzid, cradle of the country’s Arab Spring revolution, carrying banners aloft with slogans denouncing high prices.

A lack of tourists and new foreign investors pushed the trade deficit up by 23.5 percent year-on-year in the first 11 months of 2017 to a record high $5.8 billion, official data showed at the end of December.

Weakened dinar

Concerns about the rising deficit have hurt the dinar, sending it to 3.011 versus the euro Monday, breaking the psychologically important 3 dinar mark for the first time, traders said.

The currency is likely to weaken further, said Tunisian financial risk expert Mourad Hattab.

“The sharp decline of the dinar threatens to deepen the trade deficit and make debt service payments tighter, which will increase Tunisia’s financial difficulties,” he said.

Hattab said the dinar may fall to 3.3 versus the euro in the coming months because of high demand for foreign currency and little expectation of intervention from the authorities.

Last year, former Finance Minister Lamia Zribi said the central bank would reduce its interventions so that the dinar steadily declined in value, but it would prevent any dramatic slide.

The central bank has denied any plans to liberalize the currency, but Hattab said Monday’s decline showed there was an “undeclared float” of the dinar.

A weaker currency could further drive up the cost of imported food after the annual inflation rate rose to 6.4 percent in December, its highest rate since July 2014, from 6.3 percent in November, data showed Monday.

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Trump Takes Victory Lap on Taxes with Rural Americans

Connecting with rural Americans, President Donald Trump on Monday hailed his tax overhaul as a victory for family farmers and pitched his vision to expand access to broadband internet, a cornerstone of economic development in the nation’s heartland.

“Those towers are going to go up and you’re going to have great, great broadband,” Trump told the annual convention of the American Farm Bureau Federation.

“Farm country is God’s country,” he declared.

Trump became the first president in a quarter-century to address the federation’s convention, using the trip to Nashville as a backdrop for a White House report that included proposals to stimulate a segment of the national economy that has lagged behind others. His Southern swing also included a stop in Atlanta for the national college football championship game.

Joined by Agriculture Secretary Sonny Perdue, Senate Agriculture Committee Chairman Pat Roberts, R-Kan., and a group of Tennessee lawmakers, Trump said most of the benefits of the tax legislation are “going to working families, small businesses, and who – the family farmer.”

The package Trump signed into law last month provides generous tax cuts for corporations and the wealthiest Americans, and more modest reductions for middle- and low-income individuals and families. 

The president vastly inflated the value of the package in his speech, citing “a total of $5.5 trillion in tax cuts, with most of those benefits going to working families, small businesses and who? The family farmer.” The estimated value of the tax cuts is actually $1.5 trillion for families and businesses because of cuts in deductions and the use of other steps to generate offsetting tax revenue.

Tax reports

The president warned against voting for Democrats in this November’s midterm elections, saying they would undo the tax bill. “If the Democrats ever had the chance, the first thing they would do is get rid of it and raise up your taxes,” Trump said.

Trump also highlighted the doubling of the threshold for the estate tax – earning a standing ovation from the audience – and the ability for companies to immediately write off the full cost of new equipment. He said that “in every decision we make, we are honoring America’s proud farming legacy.”

Central to the report is the assessment that the “provider for an equalization among rural America is connectivity; that high-speed internet should remain a high priority for the administration,” said Ray Starling, the special assistant to the president for agriculture, trade and food assistance. The report calls for expediting federal permitting to allow for broadband internet expansion in rural areas and for making it easier for providers to place cell towers on federal lands.

Trump signed an executive order following his speech on rural broadband, aimed at easing the process to put private broadband infrastructure on federal property. The White House described the move, along with a memorandum directing the Interior Department to work on a plan to increase access to their facilities for broadband deployment, as “incremental,” but the start of an effort to make progress on the issue.

White House officials said all work was in the early stages and did not offer an overall timeline. Officials noted the price tag for rural broadband expansion has been estimated at $80 billion, but said the administration had not determined a cost.

The president also took credit for working to roll back the Obama administration’s interpretation of the Clean Water Act, which had greatly expanded the list of bodies of water subject to federal regulation. The Farm Bureau ran a public relations campaign against the rule and called it “dangerous and unlawful.”

The Agriculture and Rural Prosperity Task Force report highlights the importance of addressing the opioid crisis, which has disproportionately affected rural communities.

Trump also called on Congress to renew the farm bill this year, adding he supports providing for federal crop insurance. The massive federal legislation funds federal agriculture and food policy, and it offers assistance to rural communities.

Trump visits Atlanta

From Nashville, Trump was traveling to Atlanta to watch Alabama’s Crimson Tide and Georgia’s Bulldogs face off Monday night in the College Football Playoff National Championship. The game is set for Mercedes-Benz Stadium, the new $1.5 billion home field of the Atlanta Falcons.

Before departing for the game, Trump referenced his ongoing defense of the American flag and the national anthem, saying there was enough space for people to express their views. “We love our flag and we love our anthem and we want to keep it that way,” he said.

ESPN, which is televising the game, said Sunday that it appeared unlikely Trump would be interviewed during the game. Stephanie Druley, ESPN senior vice president for events and studio programs, said the network had been in contact with the White House and she did not “get the sense” that an interview would be arranged.

Trump criticized ESPN in October in response to “SportsCenter” host Jemelle Hill tweeting that the president was a “white supremacist.”

A network often seeks an interview with the president when he attends a game it’s televising.

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Trump Signs Bill Expanding Atlanta Park Honoring King

President Donald Trump has signed a bill to create a national historic park in Atlanta honoring Martin Luther King Jr.

 

The new law expands an existing historic site commemorating King to include the Prince Hall Masonic Temple. The temple served as the headquarters of an organization once headed by King, the Southern Christian Leadership Conference.

 

The site currently includes King’s childhood home and a church where he was a pastor, Ebenezer Baptist Church.

Trump signed the legislation aboard Air Force One on Monday after arriving in Georgia to attend the college football championship game. He is being joined by King’s niece Alveda King.

 

White House spokesman Hogan Gidley says King made America “more just and free.”

 

Next Monday is the federal holiday honoring King.

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Energy Agency Rejects Trump Bid to Boost Coal, Nuclear Power

An independent energy agency on Monday rejected a Trump administration plan to bolster coal-fired and nuclear power plants, dealing a blow to President Donald Trump’s efforts to boost the struggling coal industry.

The decision by the Republican-controlled Federal Energy Regulatory Commission was unexpected and comes amid repeated promises by Trump to revive coal as the nation’s top power source. The industry has been besieged by multiple bankruptcies and a steady loss of market share as natural gas and renewable energy flourish.

The energy commission said in its decision that despite claims by the administration to the contrary, there’s no evidence that any past or planned retirements of coal-fired power plants pose a threat to reliability of the nation’s electric grid.

Even so, the five-member commission said it will review the resilience of the nation’s electric grid and requested information within 60 days from regional transmission organizations and independent system operators that oversee the grid. The panel said it expects to “promptly decide” whether additional action is needed.

The Trump administration’s plan, outlined last fall by Energy Secretary Rick Perry, was opposed by an unusual coalition of business and environmental groups that frequently disagree with each other. Dow Chemical, Koch Industries and U.S. Steel Corp. stood with environmentalists in opposing the plan to reward nuclear and coal-fired power plants for adding reliability to the nation’s power grid.

Eight former federal energy regulators — including five former energy commission chairs — criticized the plan, saying it would disrupt electricity markets and raise prices, especially in the Northeast and Midwest.

Perry thanked the energy panel Monday for addressing his proposal, which he said had initiated a national debate on the resiliency of the nation’s electric system.

“What is not debatable is that a diverse fuel supply, especially with onsite fuel capability, plays an essential role in providing Americans with reliable, resilient and affordable electricity, particularly in times of weather-related stress like we are seeing now,” Perry said.

Perry was referring to his proposal to compensate power plant owners that maintain a 90-day fuel supply protected against severe weather and other disruptions, a feature shared by coal and nuclear power. Renewable energy sources such as wind and solar power have far less storage capacity.

Critics said the weakness of Perry’s plan was shown by a recent cold snap that gripped the East Coast. Instead of plunging the eastern seaboard into cold darkness, the storm caused relatively few outages, including one that shut down a nuclear power plant in Massachusetts.

“Rick Perry’s scheme to prop up aging nuclear and dirty coal plants was never about making sure the lights and heat stayed on,” said John Moore, an energy policy expert for the Natural Resources Defense Council. “It was about protecting the bank accounts of plant owners at the expense of everyday Americans.”

The exact cost of Perry’s plan is unknown, but critics say it could have resulted in subsidies to coal and nuclear plants worth billions of dollars.

Environmental groups said the administration’s plan would boost dirty and dangerous fuels, while non-coal and nuclear energy providers warned about interference in the free market and manufacturers that use huge amounts of electricity complained about higher energy prices. Tech giant Apple weighed in Monday against the proposal, saying it would inhibit innovation and competition and interfere with plans to increase use of “clean energy” such as wind and solar power.

In its decision, the five-member energy panel essentially agreed with critics who said there was no evidence of a threat to the grid’s day-to-day reliability that would justify the action Perry was seeking. Perry’s request to FERC came after he denied a coal industry request to issue an emergency order protecting coal-fired power plants that complained they were overburdened by environmental rules and market stresses.

Trump committed to the measure in private conversations last summer with top coal executives. But the White House eventually agreed with Perry’s decision to reject the proposed two-year moratorium on closures of coal-fired power plants — an action that would have been an unprecedented federal intervention in the nation’s energy markets.

Ohio-based Murray Energy Corp., the nation’s largest privately owned coal company, had sought the order. CEO Robert Murray warned Trump that failing to act would cause thousands of coal miners to be laid off and threatened the viability of his largest customer, Ohio-based FirstEnergy Solutions.

Murray Energy could not immediately be reached for comment Monday.

Deputy Energy Secretary Dan Brouillette said in an interview that the department was encouraged by FERC’s decision, noting that the panel has pledged to conduct its own review of grid resiliency.

“They voted 5-0 to address resiliency. I think it’s a very important first step,” he said.

 

                 

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Google Faces Lawsuit Accusing It of Discriminating Against Conservative White Men

Two former employees of Google have accused the tech giant of discriminating against conservative white men, in a class action lawsuit filed Monday.

 

One of the accusers, James Damore, was fired from the company last year after writing a memo defending the gender gap in Silicon Valley tech jobs as possibly a matter of biological differences between men and women.

 

Damore and David Gudeman, another former engineer at the Google, filed the suit at the Santa Clara Superior Court in California, alleging discrimination and retaliation.

 

The two argue in their suit that Google uses illegal hiring quotas to fill jobs with women and minority applicants.

“Google’s management goes to extreme — and illegal — lengths to encourage hiring managers to take protected categories such as race and/or gender into consideration as determinative hiring factors, to the detriment of Caucasian and male employees,” the complaint stated.

 

The suit also accuses the company of not protecting employees with conservative viewpoints, including employees who support U.S. President Donald Trump.

 

“Damore, Gudeman and other class members were ostracized, belittled, and punished for their heterodox political views, and for the added sin of their birth circumstances of being Caucasians and/or males,” the lawsuit said.

 

Google said it looks forward to defending itself against the allegations in court.

 

Google fired Damore in August after he wrote an internal memo that was later made public in which he said that “genetic differences” may explain “why we don’t see equal representation of women in tech and leadership.”

 

Google chief Sundar Pichai said “portions of the memo violate our code of conduct and cross the line by advancing harmful gender stereotypes in our workplace.”

 

In Friday’s lawsuit, Damore said his memo was intended to remain internal and said he wrote it as a response to a request for feedback about a recent diversity and inclusion summit he attended.

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