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Sunday, 09 July
20:30
10 Sunday Reads "IndyWatch Feed Economics"
Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures:
Lessons From the Catastrophic Failure of the Metaverse: Did the creative class learn anything from buying into a product that was obviously destined to flop? (The Nation)
How China Came to Dominate the Worlds Largest Nickel Source for Electric Cars: Chinese firms mastered a process that unlocked Indonesias ore for use in making EV batteries. (Wall Street Journal)
Those 10,000 5-star reviews are fake. Now theyll also be illegal. The FTC has proposed new rules that clarify what is and isnt a deceptive online review and would give it the power to fine $50,000 for each fake. (Washington Post)
A Drug for Itchy Dogs Costs $1,200. Why Is the Human Equivalent $43,000? What a shot that treats pet eczema reveals about how pharma companies actually price their drugs. (Barrons)
New York State Built Elon Musk a $1 Billion Factory. It Was a Bad Deal. New Tesla facility in Buffalo was supposed to house a huge solar-panel operation, but the project hasnt turned out as planned. (Wall Street Journal)
David Zaslav kills everything he touches, including GQ: Zaslav is the man in charge of frankencorp Warner Bros. Discovery and, in an impressively short period of time, has managed to fk up nearly everything within its considerable portfolio. Freelance writer Jason Bailey attempted to note all of those fk-ups for posterity just this week, when he wrote an article for GQ excoriating Zaslav for his pathetic stewardship of WBD. It noted all of Zaslavs lowlights, which I will repeat here for reasons that will soon become evident. SFGATE columnist Drew Magary unpacks the latest in the saga of the HBO-slayer. (SF Gate)
What Makes Putin and the Worlds Autocrats So Resilient? Regimes are cooperating more closely to withstand diplomatic pressure from the West. (Wall Street Jour...
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Saturday, 08 July
23:07
PM Marape Expresses Gratitude to Indonesian President Joko Widodo for highly successful one-day visit to PNG "IndyWatch Feed Niugini"
Prime Minister James Marape extends his heartfelt appreciation to Indonesian President H.E. Joko Widodo for his immensely successful one-day visit to Papua New Guinea on Wednesday, July 5, 2023. The visit resulted in several significant accomplishments and outcomes.
Reflecting on the visit as President Widodo departed Port Moresby, Prime Minister Marape expressed his jubilation and commendation for the fruitful discussions and achievements reached during the high-level engagement.
"We are deeply honored to host President Widodo, especially considering Indonesia's remarkable position as the 16th-largest economy in the world with a nominal gross domestic product (GDP) of US$1.392 trillion and the 7th-largest by purchasing power parity (PPP) GDP of US$4.398 trillion. We are privileged to have such an economic giant as our neighbor," Prime Minister Marape remarked.
He further emphasised the significance of President Widodo's monumental visit, which focused not only on government-to-government matters but also on the core objectives of Marape's Pangu Pati: fostering economic growth and enhancing commerce and trade relations.
"The business relations between Indonesia and Papua New Guinea have reached unprecedented levels," Prime Minister Marape declared.
"We have opened the doors for increased business-to-business engagements between our two countries."
To facilitate this collaboration at the highest level, Prime Minister Marape announced the establishment of a task force, led by Deputy Prime Minister Hon. John Rosso and International Trade and Investment Minister Hon. Richard Maru, in partnership with the Indonesian counterparts.
One of the notable achievements of the visit was the agreement for Indonesia to sponsor 2,000 Papua New Guinean students to pursue higher education in Indonesian colleges and universities. Prime Minister Marape highlighted the reciprocity of the arrangement, stating, "For every student Indonesia sponsors, we will match their support by sponsoring another student from Papua New Guinea. We aim to foster increased business-to-business and people-to-people rela...
19:37
Terrible flooding from the lahars of Semeru volcano in Indonesia "IndyWatch Feed World"
The constant rains of the last few days have caused a large amount of material and water to move down the slopes of the volcano, causing overflows and damage.
19:00
TIDBITS: THIS WEEKS HONOURABLE MENTIONS "IndyWatch Feed War"
This was QUITE a week for some excellent stories and articles, so my thanks to all of you taking the time to spot and send
The post TIDBITS: THIS WEEKS HONOURABLE MENTIONS appeared first on The Giza Death Star.
01:32
Degraded, but not defunct: Modified land still has wildlife value, study says "IndyWatch Feed Pacific"
Humans have transformed the planet to a staggering extent. Studies estimate that, as a species, weve modified at least three-quarters of the Earths land surface. Over time, vibrant mosaics of forest, grassland and wetland have been replaced with our road networks, bustling cities, and industrial-scale pastures, plantations and croplands. With so much of the globe under our influence, more focus needs to be placed on recognizing and preserving the biodiversity value of human-dominated landscapes, says an international team of researchers in a new review study published in Global Ecology and Conservation. The idea that we can have nature conservation of biodiversity in some parts of a landscape, country, or continent, and then have our food production landscapes and human-dominated landscapes in separate areas, I think is a bit ridiculous, study co-author Ben Scheele, an ecologist at Australian National University, told Mongabay. We really have to be serious about having wildlife in areas that are heavily human-modified. To this end, Scheele and his colleagues from Australia and the United States present a new conceptual framework, based on ecological theory, which they say will help resource managers and conservation biologists anticipate how species living in modified landscapes are likely to respond to repeated and rapid changes in land use. Natural forest abuts an oil palm plantation in Sumatra, Indonesia. The large old trees are vital for species survival as surrounding land is converted from one human land use to another. Image by Rhett A. Butler for Mongabay. While individual species responses willThis article was originally published on Mongabay
Friday, 07 July
22:15
UFO-hunting Harvard scientists say debris from unidentified object that crashed into Pacific Ocean in 2014 appears 'artificial in origin', could be remnants of an 'interstellar spacecraft' "IndyWatch Feed Niugini"
Tiny metal fragments recovered from an interstellar object that crashed into the Pacific Ocean appear 'artificial in origin', scientists say. A Harvard duo recovered 50 unusual iron spheres after tracking down the unidentified object, known as IM1, off the coast of Papua New Guinea last week as part of a $ 1.5 million underwater search mission. New lab analysis of the metal spheres reveals they are 'anomalous' and stronger than any observed meteor produced by nature, according to Professor Avi Loeb, former chair of Harvard's astronomy department who led the research.