As Iran’s Theocrats Bungled the COVID Crisis, Secularism Got a Shot in the Arm – Friendly Atheist – Patheos

Iran is among the countries most affected (infected?) by the coronavirus. A month ago, an Iranian citizen died of COVID-19 every ten minutes. The country had to dig mass graves that, as the Washington Post put it with a dramatic flourish, were visible from space. (Well, sure. With a high-quality satellite eye, such as the WorldView-3, you can see objects smaller than a car.) Officially, as of yesterday, almost 5,500 Iranians had succumbed to the virus.

With any luck, the country has now put the worst behind it.

Iranian state television reported Thursday that 1,030 new cases had been confirmed and 90 people had died since Wednesday. That brought the total number of fatalities in Iran to 5,481, continuing Irans status as the Middle Eastern country hardest hit by the virus. But the new daily case numbers are lower than previous days, raising hopes that Iran may be turning the corner in its fight against the virus.

Irans health minister, Saeed Namaki, said on Wednesday that in the prior 18 days, thanks to divine blessing as well as the efforts of our colleagues we were able to reduce the number of new patients by 53% and the death toll by 30% daily.

He can thank Allah all he wants, but not everyone in Iran is so inclined. There are signs that secularism, and a rejection of hardline religion, are on the rise.

Iran expert Azadeh Zamirirad of the German Institute for International and Security Affairs penned an interestinganalysison the topic. She argues that when a fundie government shutters religious shrines and prohibits large spiritual gatherings and the sky doesnt fall! people realize that religion is not as crucial as theyd assumed.

The corona-crisis puts the theocratic state in an unfamiliar and rather uneasy position. It is forced to suspend religious rituals that are an essential part of its political identity and, whats more, it has to actively prevent people from performing those rituals. Due to corona, religion has been put in the back seat for the time being, with the approval of the highest religious authority of the state, the Supreme leader himself [Ali Khamenei]. A separation of the political and religious spheres is a fundamental contradiction to the Islamic Republics concept of order, which categorically rejects secular aspirations.

And yet, secular aspirations exist. Its too early for wild optimism, but they appear to be becoming more widespread.

The current crisis is having an impact on the status of religion in Iran, but it is also affecting faith. Closing down shrines that, for centuries, were considered places of immunity and healing, is tantamount to demystifying long-held Shiite beliefs. Amid the crisis, the trend toward alternative medicine, such as Islamic remedies that have been largely promoted by the state in recent years, had to give way to reality as well. The corona-crisis has publicly exposed the clear-cut limits of faith and superstition.Some clerics already fear a theological crisis and are warning of an Iranian renaissance that would go hand in hand with people turning their backs on religion altogether.

This is exciting stuff and not, I think, too far-fetched. For decades, Iranians tasted modernity and secularism in fact, in the Middle East, they (plus Lebanon and its people) exemplified it. Before the Islamic Revolution of 1979, both Tehran and Beirut were sometimes referred to as the Paris of the East: freewheeling, creative, open-minded, cosmopolitan, fashionable. These photos of life in Iran before fundamentalist killjoys spoiled everything are striking. These too.

True, the younger generation came of age in fundieland, and remains at risk of being brainwashed by the state. Then again, under-30 Iranians also grew up with the Internet always a direct and thrilling danger to fact-free religious claims.

Given the current conditions, the idea of secularism in particular is gaining new traction,

writesZamirirad. When the corona-crisis took off,

the Iranian state acted hesitantly. Domestic power struggles hampered effective coordination efforts and made crisis management much more difficult The high level of distrust toward the state was not only based on the fact that Iranian authorities had withheld information and initially not taken the situation seriously themselves. The Iranian leadership had already lost a lot of credibility after a massive crackdown on protests in November 2019 and when the Revolutionary Guards shot down a passenger plane by accident only a few months afterwards. The initial handling of the corona-crisis reinforced the perception among many that the state was not up to the challenges of the day.

Even the Islamic loyalists seem to be entertaining doubts.

Opponents of the Islamic Republic, who reject the idea that the state had any legitimacy to begin with, see the corona crisis as yet another confirmation of clerical incompetence. At the same time, the cluster of crises in recent months and the ways in which they have been handled have also sown doubts among supporters of the system. As a result, the question of legitimacy has now reached the social base of the Islamic Republic itself.

If any oppressive, majority-Muslim Middle Eastern nation has the makings of a future secular democracy, its Iran. Id give my left pinkie to see the place return to vibrancy and cultural greatness.

(Image via Shutterstock)

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As Iran's Theocrats Bungled the COVID Crisis, Secularism Got a Shot in the Arm - Friendly Atheist - Patheos

Brensocatib (Formerly INS1007) to be Studied in Patients with Severe COVID-19 in Investigator-Initiated Trial | Small Molecules | News Channels -…

DetailsCategory: Small MoleculesPublished on Thursday, 23 April 2020 17:59Hits: 835

--Insmed to support STOP-COVID19 Study, Expected to Begin in the UK in May 2020--

BRIDGEWATER, NJ, USA I April 23, 2020 I Insmed Incorporated (Nasdaq:INSM), a global biopharmaceutical company on a mission to transform the lives of patients with serious and rare diseases, today announced that it will provide funding and clinical drug supply for the STOP-COVID19 (Superiority Trial of Protease inhibition in COVID-19) trial, an investigator-initiated study of brensocatib (formerly known as INS1007) in up to 300 hospitalized patients with COVID-19 sponsored by the University of Dundee. The study, which has been prioritized and designated an Urgent Public Health trial by the UK's National Institute for Health Research, is expected to begin enrollment in May 2020.

Brensocatib is a novel oral, reversible inhibitor of dipeptidyl peptidase 1 (DPP1) currently being developed by Insmed for the treatment of bronchiectasis and other inflammatory diseases. DPP1 is an enzyme that catalyzes the activation of neutrophil serine proteases (NSPs) in neutrophils when they are formed in the bone marrow. Neutrophils are the most common type of white blood cell and play an essential role in pathogen destruction and inflammatory mediation. By inhibiting the activation of NSPs, brensocatib may offer applicability in a range of neutrophil-mediated diseases. Neutrophil influx into the lungs is a defining characteristic of acute respiratory distress syndrome (ARDS), a severe outcome of COVID-19 that is associated with high mortality. Reduction of neutrophil proteases may reduce the progression of lung injury and the need for ventilation in these patients.

"The global COVID-19 pandemic has generated an extraordinary response from the biopharmaceutical industry to bring to bear all potential means of fighting this disease and preventing its most severe outcomes, including the need for ventilation and ICU stays," said Martina Flammer, M.D., Chief Medical Officer of Insmed. "At the start of the outbreak, Insmed began pursuing an in vivo mouse model to better understand the potential of brensocatib in preventing ARDS. As we rapidly advance this early-stage research simultaneously, we are very pleased to support Professor James Chalmers and the University of Dundee in leading a controlled clinical trial that will help us evaluate the potential impact of brensocatib on hospitalized patients suffering from severe COVID-19."

The STOP-COVID19 trial is a prospective, randomized, double-blind, placebo-controlled trial of brensocatib in patients with severe COVID-19. The multicenter study is expected to enroll up to 300 patients at 10 sites in the UK who present to the hospital with confirmed COVID-19 and are at risk of needing increased levels of supplemental oxygen and/or ventilation. Patients will be randomized 1:1 to receive either brensocatib 25 mg once daily or matching placebo on top of standard of care. The primary endpoint is clinical improvement on a seven-point ordinal scale as defined by the World Health Organization. Patients will be treated for 28 days, with a sample-size reassessment performed once 100 patients have been enrolled and treated.

"The medical community has never faced a more urgent need for treatment than the unprecedented situation we face today with COVID-19," said lead study investigator James Chalmers, MBChB, Ph.D., Professor and Consultant Respiratory Physician at the School of Medicine,University of Dundee, UK. "The mechanism of action of brensocatib that we observed in a Phase 2 study in patients with non-cystic fibrosis bronchiectasis provides a strong rationale for evaluating this novel treatment candidate in other neutrophil-driven inflammatory conditions. It is my hope that this novel approach will have applicability in patients at risk of ARDSa devastating outcome of COVID-19 for which there are currently no approved therapies."

In February 2020, Insmed reported positive top-line results from the global randomized, double-blind placebo-controlled Phase 2 WILLOW study evaluating the efficacy, safety, and pharmacokineticsof brensocatib in adults with non-cystic fibrosis bronchiectasis. In this study of more than 250 patients, brensocatib was generally well-tolerated. The study met both its primary and key secondary endpoint.

Insmed will continue to develop brensocatib in patients with bronchiectasis and expects to begin enrollment in a Phase 3 programin the second halfof 2020 following anticipated discussions later this year with health authorities on the design of the program.

About Brensocatib (Formerly INS1007)

Brensocatib is a small molecule, oral, reversible inhibitor of dipeptidyl peptidase I (DPP1) being developed by Insmed for the treatment of patients with bronchiectasis. DPP1 is an enzyme responsible for activating neutrophil serine proteases (NSPs), such as neutrophil elastase, in neutrophils when they are formed in the bone marrow. Neutrophils are the most common type of white blood cell and play an essential role in pathogen destruction and inflammatory mediation. In chronic inflammatory lung diseases, neutrophils accumulate in the airways and result in excessive active NSPs that cause lung destruction and inflammation. Brensocatib may decrease the damaging effects of inflammatory diseases such as bronchiectasis by inhibiting DPP1 and its activation of NSPs.

About Insmed

Insmed Incorporated is a global biopharmaceutical company on a mission to transform the lives of patients with serious and rare diseases. Insmed's first commercial product, ARIKAYCE (amikacin liposome inhalation suspension), is the first and only therapy approved inthe United Statesfor the treatment of refractoryMycobacterium aviumcomplex (MAC) lung disease as part of a combination antibacterial drug regimen for adult patients with limited or no alternative treatment options. MAC lung disease is a chronic, debilitating condition that can cause severe and permanent lung damage. Insmed's earlier-stage clinical pipeline includes brensocatib, a novel oral reversible inhibitor of dipeptidyl peptidase 1 with therapeutic potential in non-cystic fibrosis bronchiectasis and other inflammatory diseases, and INS1009, an inhaled formulation of a treprostinil prodrug that may offer a differentiated product profile for rare pulmonary disorders, including pulmonary arterial hypertension. For more information, visitwww.insmed.com.

SOURCE: Insmed

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Brensocatib (Formerly INS1007) to be Studied in Patients with Severe COVID-19 in Investigator-Initiated Trial | Small Molecules | News Channels -...

Coronavirus row: Mike Pompeo suggests US could form alternative to the WHO – Express.co.uk

The Secretary of State's intervention comes after the White House suspended all funding to the body accusing it of being China-centric and promoting Beijings disinformation.Mr Pompeo was speaking on a radio interview with Fox News. When asked if he saw the WHO being supplanted with another organisation, he said: Were going to take a look at exactly that issue.

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When its not delivering, when in fact its failing to get the outcomes that are desired, were going to work with partners around the world to deliver a structure, a form, a governance model, that will actually deliver on the intended purposes.

The WHO has rejected Washingtons accusations and insisted China has been clear and transparent.

According to Reuters, the US was the largest overall donor to WHO, pumping in $400million (323.5million) in 2019.

This accounts for 15 percent of its budget.

Members of the Democratic Party have criticised the Trump administration and the Republican Party for their attacks on the WHO.

Vermont Senator Patrick Leahy acknowledged the WHO needed reform but criticised Trump for using it as a scapegoat.

Mr Leahy explained: The World Health Organisation does need reform, just as it needs the strong support of the United States and other countries in order to do its job.

READ MORE:Piers Morgan hits out at staggering idiocy of lockdown protestors

After Trump criticised the WHOs handling of the virus, the director-general said: "Please don't politicize this virus.

The focus of all political parties should be to save their people.

"If you don't want many more body bags, then you refrain from politicizing it."

When asked if the US sought a change of leadership in the WHO, Mr Pompeo explained: Even more than that, it may be the case that the United States can never return to underwriting, having U.S. taxpayer dollars go to the WHO.

Dr Tedros was the first person to hold the role who had not worked as a medical doctor.

He has a Biology Degree from the University of Asmara, an immunology of infectious diseases masters from the London School of Hygiene and Tropical Medicine and a PhD in community health from the University of Nottingham.

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Floating an idea that could help with stress levels in Cornwall – Standard Freeholder

A pod at a True REST float spa, the photo provided by the company. The first Canadian franchise will be located in Cornwall.Handout/Cornwall Standard-Freeholder/Postmedia NetworkHandout Not For ResaleSupplied

Stressed out?

Who isnt these days?

Heres something that could help when this small business opens in Cornwall, possibly as early as this December: True REST Float Spa, the first Canadian franchise location for one of the fastest-growing companies in the increasingly-popular flotation therapy industry.

A husband and wife team, Tim and Marie-Pier Tremblay, are the Cornwall owner/operators of True REST Float Spa, and they told the Standard-Freeholder they hope the business would generate four to six jobs.

Its going to provide a location for residents to relieve their stress in a highly sanitary, non-contact environment, Tim Tremblay said. Its a stress-free relaxation experience.

Flotation tanks, also called isolation tanks, or sensory deprivation tanks, are widely advertised as a form of alternative medicine. Theyre light-proof, sound-proof environments with enough dissolved Epsom salt to allow people to float effortlessly on the waters surface.

True REST Float Spa in Cornwall, to be located on Vincent Massey Drive, in the Seaway Shopping Centre, will have four pods, each one with 1,200 pounds of Epsom salt.

The REST is an acronym for Reduced Environmental Stimulus Therapy, and long before the pandemic, the de-stressing industry was growing. At the other end of the spectrum, a very high-energy stress-relieving activity has gained traction, with smash room or rage room businesses popping up, places to go to reduce tension and anger by breaking things and not worrying about the cleanup afterwards.

Many experts say the COVID-19 pandemic is causing a mental health crisis, with lasting effects that could even, for some, result in post-traumatic stress disorder. With weeks of distancing about to turn into months, many are experiencing a great sense of isolation, and along with the economic effects that are costing hundreds of thousands of jobs, the long-term fallout from the virus could be devastating.

The Tremblays, who will be moving to the area from Saint-Georges, Que., said they chose Cornwall as the place for their franchise because its central to where their families are located Tim is originally from the Niagara region. The Tremblays said a Facebook campaign will soon be launched thatll target the Cornwall area, which will include sign-up opportunities and early package incentives without any financial commitment up until a month before the grand opening.

When people sign up theyll have access to all online content available that may help them de-stress right now, Tremblay said.

Experts say that now, during the crisis, effective ways of reducing stress include doing 30 minutes of exercising or stressing, keeping a tidy room, making nutritious food, meditating for 10 minute, having video chats with friends, and attempting to re-direct thoughts that veer towards worries about the future, to instead thinking about the current moment and what positive steps can be taken today.

thambleton@postmedia.com

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Floating an idea that could help with stress levels in Cornwall - Standard Freeholder

Experts Believe the Coronavirus Could Be Defeated with the Twenty-fifth Amendment – The New Yorker

WASHINGTON (The Borowitz Report)In a possible breakthrough that Americans have been hoping for, experts believe that the coronavirus could be defeated by the Twenty-fifth Amendment to the United States Constitution.

The experts, from the fields of science, public health, government, and law, were uniformly enthusiastic in their conviction that the Twenty-fifth Amendment is the single most powerful weapon that the nation currently has to vanquish the coronavirus.

Researchers are hard at work developing therapeutics and vaccines, but it will be some time before those solutions are viable, Davis Logsdon, a doctor and professor at the University of Minnesota, said. The Twenty-fifth Amendment is ready to go right now.

Although much about the coronavirus remains unknown, Logsdon said, Were learned a lot about some of the conditions that enable it to thrive, like incompetence, laziness, and ignorance. The Twenty-fifth Amendment eradicates all three of those conditions. Its like constitutional Lysol.

Logsdon acknowledged that using the Twenty-fifth Amendment has raised some concerns, since it has never been used before on a human, but added, I can think of no better human to use it on.

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Experts Believe the Coronavirus Could Be Defeated with the Twenty-fifth Amendment - The New Yorker

Cancelling Pre-AIA patents and the Takings Clause – Patently-O

Guest Post by Prof. Gregory Dolin (Baltimore). Prof. Dolin recently filed an amicus brief supporting Celgenes arguments that AIA post-issuance review represents an uncompensatedtakings of pre-AIA patent rights.

Since its passage in 2011, the America Invents Act has been subject to numerous Supreme Court decisions. But thus far, the major constitutional challenge to the Act in Oil States Energy Servs v. Greenes Energy Group has failed. But while the Court the, upheld the AIAs post-issuance review system against an Article III challenge, left a major question open. The Oil States Court stated that it was not resolving whether the application the AIA-created procedures to patents issued prior to the AIAs effective date violates the Takings Clause of the Fifth Amendment. This question is now squarely presented to the Court in Celgene v. Peter. (There are also pendingcases that in addition to the Takings issue raise a Due Process challenge).

Celgene owns two patents generally directed to methods for safely distributing teratogenic or other potentially hazardous drugs while avoiding exposure to a fetus to avoid adverse side effects of the drug. These patents were issued in 2000 and 2001, or more than a decade prior to the enactment of the AIA. These patents were challenged before the Patent Trial and Appeal Board (PTAB) in 2015 in an Inter Partes Review (IPR), and the proceeding resulted in cancellation of all but one of the challenged claims in bothpatents. As with other post-issuance proceedings, but unlike district court litigation, Celgenes patents enjoyed no presumption of validity, and could be cancelled upon preponderance of evidence. Furthermore, in construing Celgenes claims, PTAB utilized the broadest reasonable interpretation (BRI) approach, as was called for by the then-current rules. The interplay of lower standard of proof for cancellation and the BRI standard, combined with the lack of a meaningful opportunity to amend the claims, left patents challenged in IPR particularly vulnerable. (Since that time, the Patent Office issued new rules to amend its procedures and now measures the claims under the Phillips frameworkthe same standard in use by Article III tribunals).

Celgene challenged this procedure in the U.S. Court of Appeals for the Federal Circuit, arguing that by applying a different claim construction standard than in district court and denying the patent a previously existent presumption of validity, the America Invents Act retroactively devalued its property rights in their patents and therefore resulted in the constitutionally compensable Taking in violation of the Fifth Amendment. Relying on its two priordecisions, the Federal Circuit rejected the argument, holding that the presumption of validity is not a property right subject to the protection of the Constitution. Additionally, the Federal Circuit held that Celgene suffered no diminution in its property rights because its patents were always subject to ex parte and inter partes reexamination proceedings, both of which use (or used) the preponderance of the evidence standard with respect to patent validity. Celgene sought certiorari and I, together with Professors Kristen Jakobsen Osenga and Irina Manta filed a brief in support of the petition.

The argument we made in favor of Celgene is relatively straightforward. As the Supreme Court recognized timeandagain, a patent is a property right protected by the Takings Clause of the Constitution. In turn, the decision to procure a patent is fundamentally an investment decision which takes into account the likelihood that a patent would be challenged and survive such a challenge. In addition, the decision to disclose the invention and forgo trade secret protection is essentially a tradeoff: the patentee sacrifices the confidentiality of the invention in exchange for the protections of the patent system. (Admittedly, it is not always possible to keep the invention secret, especially if regulatory approval is necessary as in the case of Food and Drug Administrations approval to market drugs or medical devices. Nonetheless, broadly speaking, an inventor has a choice between patent protection and trade secrecy protection). Depending on the robustness of those protections, the scales of the decision on whether to seek a patent may tip one way or another. Thus, the legal regime existing at the time the applicant filed for the patent constitutes the patentees investment-backed expectation.

The legal regime matters, and IPRs couldnt be more different from reexaminations. As my researchshows, the economic impact of the AIA on patent holders has been profound. The reason behind this significant drop in value is that although administrative review procedures have existed for nearly 40 years, these procedures have always been coupled with a patentees unlimited right to amend the claims in order to preserve their validity. Thus, prior to the AIA the patentee knew that if his patent were challenged one of two things will happen. One option was for the dispute to end up in an Article III court where the claim would rise and fall as written, but where the patent would enjoy a presumption of validity. Alternatively, the dispute would be resolved by the Patent Office where the claims would not be presumed valid, but would be subject to amendments for as long as the patentee was willing to continue prosecuting the patent. The AIA fundamentally altered this balance. Under the AIA, claim patentability can be adjudicated by the PTAB without the presumption of validity and without a robust opportunity to amend the claims. (Although the statute does permit claim amendments, these are not as of right, but must be requested by motion to the PTAB. Since October 2017 when the Federal Circuit held that Motions to Amend must be allowed unless the Patent Office carried its burden to show that claims are unpatentable, the PTAB has granted only 16% of such motions (with an additional 6.5% being granted in part). These already low numbers are a significant improvement from the pre-2017 system where the PTAB granted under 3% of such motions.

It should be acknowledged that Celgene did not seek to amend its claims during the PTAB proceedings, which may make it not an ideal vehicle to resolve the takings claim. On the other hand, given PTABs rejectionist approach to motions to amend, it is quite possible that Celgene was among countless patentees who chose not to bother with filing the motions in the first place. (It is worth noting that Celgenes patents were adjudicated prior to October 2017).

The Supreme Court has previously concluded in Ruckelshaus v. Monsanto Co., that when the government changes the terms of the bargain with an individual, such a change can result in a regulatory taking. In Monsanto, the Court held that the Environmental Protection Agencys public disclosure of data voluntarily submitted to the Agency may, in some circumstances, constitute a taking. The Courts analysis was centered on the legal rules governing the use and disclosure of such data and the nature of the expectations of the submitter at the time the data were submitted. The Court held that the Governments guarantee at the time of submission that the submitted data would remain a trade secret and not be disclosed to third parties formed the basis of a reasonable investment-backed expectation and played a role in the property holders decision whether to submit the data to the EPA in the first place. Celgenes situation is analogous. When it had to make a decision whether or not to obtain a patent or rely on trade secrecy, it made the decision by reference to the then existing government guarantees of patent protections. Changes to that regime are what constitutes a compensable taking.

Before closing, it should be acknowledged that there is a significant issue that is antecedent to the question presented in Celgenes petition. That is whether the Federal Circuit has jurisdiction to hear such claims absent filing of a claim for compensation in the Court of Federal Claims (CFC) and if so, how the Claims Court is supposed to evaluate the value of property lost. That question is embedded in a separate petition before the Supreme Court. The Federal Circuit has recently concluded that the CFC does have jurisdiction to hear such claims, even if on the merits it must reject them. The Government has advanced a contrary view (which the CFC endorsed, though this endorsement is at odds with the Federal Circuits later opinion). It may be that this issue may need to be resolved before (or concurrently with) the issue presented by Celgene.

In sum, the Supreme Court should answer the question whether retroactive application of the AIAs post issuance review procedures to patents issued prior to the passage of the AIA, and which results in their invalidation, constitutes a taking within the meaning of the Fifth Amendmenta question the Court explicitly left open in Oil States. And in my view, the answer should be yes.

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Cancelling Pre-AIA patents and the Takings Clause - Patently-O

2 Provo men arrested after alleged altercation with neighbor, police – Daily Herald

Provo City Police Department officers took two local men into custody after one allegedly threatened a neighbor walking her dog.

According to the probable cause statements filed in support of the arrests, a woman contacted police after her downstairs neighbor began screaming at her through her vents.

The woman also told police that about an hour before contacting dispatch, a man began screaming and cursing at her from the window of the apartment under her while she was taking her dog out.

About half an hour later, the woman told authorities she heard footsteps outside her door and looked out the peep hole to see the same man standing outside her door. The woman provided a physical description of the man she had seen.

When officers arrived, they knocked on the door of the apartment the man was believed to have come from but did not receive an answer. The officers went to the complainants apartment to speak with her, and while the officers were standing outside, heard a man walk out of the downstairs apartment.

According to arrest documents, the officers heard the distinct sound of a gun racking before a mans voice said, Come knock on my door again. Come see what happens. I got a present for you.

Authorities called for other officers to respond to the area and establish a perimeter. While securing the perimeter, two men, one of which was walking a dog, approached officers.

The two men later identified as 36-year-old Curtis Nathaniel Stewart and 31-year-old Scott Vernon McElderly were walking from the area of the downstairs apartment, and one of the men had a defined bulge in his sweatshirt pocket, according to the probable cause affidavit.

Officers made contact with the men and detained them at gunpoint, placing them in handcuffs.

Authorities searched each man and allegedly discovered a 9-millimeter handgun in Stewarts sweatshirt pocket with a bullet in the chamber and a full magazine inserted in the gun. Officials asserted Stewart did not have a concealed weapons permit at the time of the search.

Stewart was discovered to be the tenant in the apartment below the complainants, and McElderly matched the description the woman had given police.

During an interview, Stewart said he had seen a marked, armed person knocking on the door, but advised officers he did not want to answer any more questions without a lawyer, according to arrest documents. McElderly invoked his fifth amendment right, refusing to be interviewed.

Stewart and McElderly were arrested under suspicion of third-degree felony aggravated assault threat with the show of force or violence necessary to injure and a class A misdemeanor threat of a dangerous weapon in a fight. Stewart also faces an additional potential class A misdemeanor charge for carrying a concealed, loaded firearm.

Both men are being held at the Utah County Jail. McElderly is being held on $7,500 bail, while Stewart is being held on $10,000 bail.

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2 Provo men arrested after alleged altercation with neighbor, police - Daily Herald

As US Medical Facilities Face a Shortage of Blood as a Result of COVID-19, California Attorney General Urges FDA to Move Toward Risk-Based, Gender…

April 22, 2020 - SACRAMENTO California Attorney General Xavier Becerra led a multistate coalition in submitting comments to the U.S. Department of Health and Human Services Food and Drug Administration (FDA) supporting efforts to maintain an adequate national blood supply to aid the nations medical response during the COVID-19 pandemic. In the letter, Attorney General Becerra argues that while the FDAs guidance easing restrictions on blood donations from the LGBTQ population, specifically gay and bisexual men, is a step in the right direction, the guidance does not go far enough to meet the nations needs. The letter advocates moving toward a risk-based, gender neutral screening model and further revising guidance to make it easier for the LGBTQ population to donate blood and plasma in response to the nations needs during the COVID-19 public health emergency.

As Americans stay home to stop the spread of coronavirus, the nation is facing a shortage of blood donations, which provide critical medical support to hospitals and their patients,said Attorney General Becerra. During this pandemic, it is important to continue to evaluate and modernize blood donation guidance to be inclusive of LGBTQ Americans. A risk-based model not only protects the health and safety of our communities its the right thing to do.

In the midst of the COVID-19 health crisis, blood drives and donations have dropped significantly.Every day, the United States needs approximately 36,000 units of red blood cells, nearly 7,000 units of platelets, and 10,000 units of plasma to provide blood transfusions for major surgeries, treat patients and victims of trauma, and more. The American Red Cross, which provides about 40 percent of our nations blood and blood components, recently reported less than a five-day blood supply on hand. As of mid-March, over 4,000 blood drives have been canceled across the country due to coronavirus concerns and closures of schools and workplaces where these drives are usually held, resulting in over 100,000 fewer blood donations.

Recently, the FDA issued revised guidance related to blood donation policies for the LGBTQ community.This guidance reduced the wait period after sexual activity for gay and bisexual men from 12 months to three months.While this reform takes a step toward increasing blood donations made by healthy bisexual and gay men in a time when the nations supply of blood and blood products is at risk of collapse due to the COVID-19 pandemic, it does not go far enough.Data from the University of California, Los Angeles School of Law Williams Institute indicates that lifting restrictions completely, as compared to a 12-month waiting period, would produce more than 2 million additional eligible blood donors, including nearly 175,000 likely blood donors, and would potentially produce nearly 300,000 pints of additional donated blood annually.

Attorney General Becerra also argues that moving toward a risk-based model, rather than one based on gender, is not only more appropriate to address the populations needs, but is also more in line with laws that protect against discrimination. A population-based policy singling out bisexual and gay men threatens the constitutional Equal Protection principles under the Fourteenth Amendment and Fifth Amendment. Over the long term, the FDA should instead look at risk behavior rather than sex for determining who should donate blood.

A copy of the letter is availablehere.Source: CA. DOJ

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As US Medical Facilities Face a Shortage of Blood as a Result of COVID-19, California Attorney General Urges FDA to Move Toward Risk-Based, Gender...

Blockstream CEO: Bitcoin (BTC) Creator Satoshi Nakamoto May Have Written This Newly Discovered Post – The Daily Hodl

Blockstream chief executive and cryptographer Adam Back says a 200-word post from back in 1999, a decade before Bitcoin was launched, appears to carry the hallmarks of the anonymous creator of Bitcoin known as Satoshi Nakamoto.

The text is part of a back and forth among the cypherpunks, a group of activists who emerged in the late 80s advocating cryptography, anonymity and personal privacy.

Back, who is referenced in the Bitcoin whitepaper, is a longtime member of the movement and the inventor of Hashcash, a proof-of-work system that ultimately became a cornerstone for BTC.

In a series of tweets, Back says he has unearthed a post from the early cypherpunk days featuring an anonymous author who spouted a number of Bitcoins ideals, including how to successfully secure a virtual currency in a decentralized manner.

One possibility is to make the double-spending database public. Whenever someone receives a coin they broadcast its value. The [database] operates in parallel across a large number of servers so it is intractableto shut it down.

However, at one point, the author writes over night instead of overnight a mistake that would be out of character for the notably meticulous Nakamoto.

Back says the error is noteworthy, but calls it more of a typo than a misspelling.

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Blockstream CEO: Bitcoin (BTC) Creator Satoshi Nakamoto May Have Written This Newly Discovered Post - The Daily Hodl

The Next Bitcoin Halving: To Halve and to Hold? – Cointelegraph

Sometimes less is more. Thats a tenet of modern design, but its also a central belief of many in the decentralized cryptocurrency community. Throughout the Bitcoin (BTC) world in Twitter threads, on crypto news websites and in private Telegram and Discord channels conversation almost invariably turns to one topic: the May halving that will reduce the amount of newly minted Bitcoin by 50%. Less Bitcoin being produced may mean greater demand and higher prices, but to understand just why the community at large is thrilled we need to take a look at Bitcoins history.

Bitcoin was intended as a finite and increasingly scarce commodity. Miners need to solve block calculations to earn the right to mint the next swathe of Bitcoin. Just as a gold mine grows gradually less efficient as the veins are tapped and the lodes uncovered, Bitcoin mining also grows more difficult over time. The calculations miners must solve grow more difficult, and the rewards grow smaller. When its pseudonymous developer Satoshi Nakamoto launched the Bitcoin network in 2009, any off-the-shelf computer could mine and run a decent chance of winning the 50 BTC block reward. This has lessened over time. In 2020, the individual block reward is 12.5 BTC, and only custom-built and energy-intensive mining rigs have any chance of earning the reward. Bitcoin has halved twice before: in 2012 and in 2016. When the 2020 halving occurs, the reward for successfully mining a block will be 6.25 BTC.

The last halving in 2016 led to major increases in Bitcoins price, but not everyone is sure that the 2020 halving will inspire similar market adjustments. When the first halving took place in November 2012, Bitcoin was a lesser known asset class. Few people outside the programming, technology and cryptography worlds had ever heard of it. The May halving will be very different. While cryptocurrency may not be widely understood by the general public, its now widely acknowledged and covered by journalists and reporters the world over. The news of the halving, even if its exact significance might remain unclear to casual observers, has the potential to draw new people into the world of cryptocurrency and blockchain.

While the halving may persuade some users to take the plunge, others in the Bitcoin world may find that the new rules the 6.25 BTC reward dont suit them. Miners may see the price of Bitcoin appreciate, which is something theyre likely to welcome, but there are doubts about whether the theoretical increase in price can match the expected doubling in mining costs. In particular, for miners that run higher electricity costs and those running outdated mining equipment such as the Antminer S9, the mining break-even costs could reach as high as $7,600 to $13,000. These higher break-even costs could force a large amount of miners out of the network but may be good news and provide a larger market share for those that are able to remain.

While new miners may be faster and more efficient, driving mining firms to invest in new devices, such as mining rigs, will actually add additional costs, as new mining rigs are expensive and scarce. And that scarcity may not be intentional there are concerns that coronavirus could break the mining rig supply chain. Though new miners will eventually make their way to mining firms, a delay could lead miners to drastic decisions. Some might temporarily shut down their operations, potentially causing a decrease in the amount of hash power required to solve the mining equations. Halvings are hard enough to prepare for without the complication of a pandemic; the coronavirus may make the forthcoming event even more tumultuous than usual.

Even those in the crypto community who do not hold Bitcoin find themselves involved in debates about the effects of a halving event on price. Some maintain that the certain and inevitable knowledge of an event is priced into Bitcoins value, and that the market has already considered the drop in block rewards. This means the price already reflects the looming scarcity. Others take an opposite position: Because the cryptocurrency market is young and still maturing, there can be few hopes of forward pricing. While the argument is of theoretical interest to observers, to people and institutions with holdings its vital to take a position. Arbitrage and positioning opportunities may exist, but making the wrong prediction could prove exceedingly costly.

As Bitcoin grows ever more scarce, especially if this growing scarcity creates a price increase,security grows ever more important for people looking to hold or to transact. New users should follow the standard rules for cryptocurrency security, and they should remember that lost codes or keys mean lost currency. A wallet service could be a valuable safety mechanism for new and experienced users alike, and people who acquire larger portions of cryptocurrency may want to split their holdings between multiple wallet addresses.

The next halving will take place on May 12, the exact impact of which immediate or long-term cannot be accurately predicted, even after considering the examples of the last two halvings. What is known is that the 2020 halving will impact the Bitcoin communitys future in some shape or form. It may make things briefly harder for miners, and its liable to bring in hundreds or thousands of new crypto investors. Anyone even tangentially connected with Bitcoin should be prepared for May. Whatever comes, its going to be big, and its going to be surprising.

The views, thoughts and opinions expressed here are the authors alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

Ashish Singhal is the co-founder and CEO of CoinSwitch and CRUXPay. He is a hacker to the core and has won almost every major hackathon in India, including those hosted by Sequoia, Google, Amazon and LinkedIn. While working at Amazon as a software development engineer in 2014, he led the internal teambuilding Amazon Prime's one-hour delivery model. Ashish was a technical advisor with Reap Benefit, a nongovernmental organization in Bangalore aimed at encouraging Indias youth to become actionable citizens. He holds a bachelor of engineering in computer science.

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The Next Bitcoin Halving: To Halve and to Hold? - Cointelegraph

What Is Bitcoins Stock-to-Flow? – Crypto Briefing

In an era ruled by infinite-supply currencies, the stock-to-flow model offers a refresher on the value and meaning of scarcity. The model also offers one framework for evaluating an asset in terms of sound money. Key Takeaways

Most digitally-native products and items arent valuable because they can be reproduced at little to no cost. In 2009, Satoshi Nakamoto solved this problem by devising the first decentralized network protocol that produced a scarce digital asset, Bitcoin.

Measuring this scarcity, as well as its potential value, has been the primary thrust behind the stock-to-flow (S2F) model. This framework, however, isnt without its limits.

For money to be considered sound, it must be durable, portable, divisible, fungible, easily-verifiable, and widely-accepted as a medium of exchange.

Sound money must retain its scarcity to remain valuable over long periods. In the past, sound money was born out of peoples need for protection against the princely practice of debasing money or coinage.

Toquotethe famed Austrian economist Ludwig von Mises:

It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised as an instrument for the protection of civil liberties against despotic inroads on the part of governments.

Since the dawn of time, humans perhaps instinctively have always opted for gold, silver, or other precious metals to serve them as sound money. These compounds are hard to find in nature and costly to forge and reproduce. It is for this reason that many governments adopted the gold standard.

By basing a states money on a scarce resource, one separated the monetary units purchasing power from the policies of the worlds governments and the elite.

It meant that governments and central banks couldnt print money out of thin air.

Bitcoins have value primarily because more people recognize Bitcoins as sound money.

This recognition stems from Bitcoins inherent scarcity, and whatNick Szabo, an early proponent of digital cash and a cryptographer,callsunforgeable costliness.

Bitcoin, like gold, antiques, and fine alcohols, is valuable because it is very hard to create the work needed to produce it. It is costly and time-consuming to mine gold, and a finely-aged wine is far more expensive than freshly-pressed grape juice. There are other factors to consider, of course, but there is no replacing the value of time itself

Bitcoins market value also hinges on features of supply and demand.

Bitcoins total supply is capped at 21 million coins, and itsreal supplyis much lower. Moreover, Bitcoins deflationary monetary policy is hardcoded into its protocol. New BTC are issued every ten minutes at a predictable, decreasing rate.

Critically, these components cannot be changed unless users decideto fork the protocoland create a new cryptocurrency. At the time of press, the price of a Bitcoin fork has never overtaken the price of the original Bitcoin.

From this, one can begin to see the relationship between Bitcoins supply-side mechanics and its market price. The independent researcher and investorPlanB took this a step further when creating the stock-to-flow model.

They begin their thesis with a question that many have asked:

Surely, this [Bitcoins] digital scarcity has value. But how much?

The stock-to-flow hypothesis states that the scarcity of Bitcoins as measured by SF, where SF = stock/flow directly drives the market value of Bitcoins.

Stock is the total size of the existing stockpiles or reserves of the asset, while flow signifies the yearly production. Consider the following illustration.

There are currently 185,000 metric tons of gold in the world. Thats the stock.

The annual supply of gold or how much gold is mined every year in the world equals 3,000 metric tons. Thats the flow.

In other words, the annual supply growth of gold equals 1.6%.

To get the SF ratio of gold, one would divide the stock with the flow and arrive at an SF ratio of 62.

An SF of 62 means that, at the current rate of production, it would take roughly 62 years (185,000 / 3,000 = 61.6) to replenish the existing stock of gold in the world.

In comparison, Bitcoins current stock is 16.8 million (for more on how this figure was determined, please readthis article), while the supply of new Bitcoins, or the flow, is 0.7 million a year.

This puts bitcoins SF ratio at 24.

Given that the flow of Bitcoins is fixed, and it halves every 210,000 blocks or roughly every four years, with the nexthalvingevent, Bitcoins current SF of 24 will double to 48. This will bring Bitcoins value proposition closer in line with that of gold.

Bitcoins halving event is predicted to occur on May 12, 2020.

According to PlanBsstock-to-flowmodel, there is a statistically significant relationship between Bitcoins SF and the market price of bitcoins.

To quote PlanB directly:

The likelihood that the relationship between stock-to-flow and market value is caused by chance is close to zero.

PlanBs stock-to-flow model predicts a stunning Bitcoin market capitalization of $1 trillion in the one to two years following the next halving event in May.

A market cap of $1 trillion would put the price of one bitcoin at $55,000. With such a generous price tag on the worlds most unpredictable digital asset, PlanBs analysis has been criticized often.

Thelatest criticismcomes from Eric Wall, the CIO of Arcane Assets.

Wall claims that the S2F model is flawed insofar as it relies too heavily on supply and demand narratives as well as ever-changing statistical models. Instead, he proposes an alternative called the Rainbow Chart.

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.

You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.

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What Is Bitcoins Stock-to-Flow? - Crypto Briefing

Users found a publication from 1999 that Satoshi Nakamoto could write – Sunriseread

On September 19, 1999, an nameless consumer printed a submit on digital cash within the cipherpunk mailing record. Some members of the neighborhood imagine that Satoshi Nakamoto could write it, studies Cointelegraph.

It isn't identified for sure whether or not Nakamoto was within the distribution of cipher banks, however a number of representatives of the latter are talked about within the whitepaper of bitcoin, together with Dr. Adam Beck and Wei Day. One other distinguished cipherpunk, Hal Finney, was one of many first Bitcoin customers.

An nameless creator emphasised that transactions in digital cash ought to be irreversible. He talked about a sure blinding, in all probability referring to the blind signatures developed by David Chaum.

He additionally described a doable answer to the issue of double spending by creating a public database. The creator acknowledged that a secure cost system may be constructed on the idea of b-money gives and the HashCash algorithm. These applied sciences are additionally talked about within the whitepaper of bitcoin.

Recall, the creator of Cardano, Charles Hoskinson, believes that Nakamoto may be found utilizing a stylometric evaluation of the bitcoin code.

Examine all variations concerning the identification of the creator of the primary cryptocurrency in our materials.

From the drug vendor to Ilona Masks: how Satoshi Nakamoto managed to stay nameless after ten years of looking

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Users found a publication from 1999 that Satoshi Nakamoto could write - Sunriseread

Stream It Or Skip It: Bad Education on HBO, a Funny White-Collar-Crook Bio Featuring Hugh Jackmans Best Performance Yet – News Lagoon

Writer Mike Makowsky was a firsthand witness of sorts to the real-life events inspiring Bad Education, which debuted at the 2019 Toronto International Film Festival and now sees wide launch via HBO. He was a six-year-old student in Roslyn Public Schools when he first met Frank Tassone, and witnessed firsthand how revered and influential the superintendent was until he was busted in 2004 for embezzling millions from the district, engineering the largest school theft in American history. With Makwoskys close ties to the saga, and Hugh Jackman and Allison Janney cast as leads, will the movie be more than just another based-on-a-true-story story?

The Gist: Roslyn High School is fourth in the country in college-acceptance rates. Fourth! And its all due to Frank Tassone. He meticulously grooms himself in the morning, spritzing cologne on his neck and plucking stray nose hairs. He walks into his office, decorated with silver balloons shaped like 4s, a snow day magic wand and issues of Life Extension magazine. He says absolutely perfect things to a helicopter parent hyperventilating about her sons troubles in school. He inspires a young journalist from the school paper to write more than just a puff piece about the schools multimillion-dollar skywalk project. Hes thanked with a basket of candy from local real estate developers, who love him for making the district great and therefore inspiring skyrocketing property values.

At lunchtime, Frank sits in the football-stadium bleachers with assistant super/business manager Pam Gluckin (Allison Janney). He laments the health-food smoothie hes consuming. I would kill somebody for a carb right now, he says, and she feeds him a big honking bite of her pastrami-on-rye. He leads the local ladies book club, and attendees didnt even read the selection. Theyre in awe of him, in his crisp light-blue oxford with white collar and cuffs adorned with fancy cufflinks. He offers to help with the dishes, and the hostess leans in, but he leans away. The memory of his late wife is too fresh, he says.

He goes to Vegas for a conference, and dutifully attends snoozy lectures while his colleagues gamble. Afterward, he sits down for a drink and recognizes the bartender: Kyle Contreras (Rafael Casal), a former student from 15 years ago when he taught English. Frank remembers his name, because he remembers everybodys name, because he and Gluckin stay at work late so she can quiz him on everybodys name. He and Kyle have dinner, and then go back to Franks hotel room and make out and then the movie cuts away. Hey now.

So about that young journalist, Rachel (Geraldine Viswanathan). Shes no longer OK with writing a crappy puff piece, so she confidently plops down in Gluckins office and asks about project budgets and contractor bids. Gluckin is only slightly icy when she tosses Rachel the key to the firetrap basement records room, although if Rachel saw Gluckins seaside near-manse and Corvette convertible, she might have even more questions about how a public school administrators humble salary can indulge such extravagant tastes. I mean, Gluckins husband is a car salesman. Gluckins niece (Annaleigh Ashford) is the office secretary who helps Rachel make a zillion photocopies of school records with some big numbers on them, and it seems like only a matter of time before some of the people in charge around there are something that rhymes with glucked.

What Movies Will It Remind You Of?: Remember how Philip Seymour Hoffman totally owned Owning Mahowny, playing a buttoned-up gambling addict who bilked big stacks of cash from the bank he worked for? You dont? (Does anybody whos not a movie critic remember?) Well, watch the damn thing, and youll see a character whos pretty much the opposite of Frank Tarrone in a similar stressful situation.

Performance Worth Watching: This is easily one of Jackmans best performances possibly THE best, especially in the first act, when hes sparklingly charming. And the second act, when he tries to keep all the squirming puppies in the box And in the third act, when he shows how a life of subterfuge sad on one hand, infuriating on the other can quickly crumble, and he makes a hard left into villainy.

Memorable Dialogue: Skywalk is big. Gets us to first!, Frank chirps.

Sex and Skin: None.

Our Take: Director Cory Finley (Thoroughbreds) and Makowsky initially strike the perfect, slyly satirical gettin-away-with-it tone, then, as soon as Gluckin goes up in flames and locks angry eyes with Frank for throwing her under the bus, seamlessly segue to I-feel-like-Im-sitting-on-an-atomic-bomb-waiting-for-it-to-go-off suspenseful drama. They nurture uniformly excellent performances, from Jackmans multifaceted charisma to Janneys trademark irascibility to Ray Romanos fluster as the school-board president to Viswanathans earnestness, which anchors the story.

The filmmakers cleverly embed character bits in the movies little visual details. The way Frank is yanked off a beanbag chair while chatting with sixth-graders so he can be informed of Gluckins malfeasance, for example. Or, in a touch of shrewd symbolism, how he carefully applies concealer to his eye wrinkles. Or how Rachel spreads out the schools sketchy budget paperwork on the floor of her bedroom with a pile of period-specific Beanie Babies watching. This is a terrific movie, smart, character-driven, frequently funny and highly entertaining.

Our Call: STREAM IT. Bad Education bullseyes the sweet spot between realism and elevated drama, making it several cuts above the usual based-on-a-true-story fodder.

John Serba is a freelance writer and film critic based in Grand Rapids, Michigan. Read more of his work at johnserbaatlarge.com or follow him on Twitter: @johnserba.

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Stream It Or Skip It: Bad Education on HBO, a Funny White-Collar-Crook Bio Featuring Hugh Jackmans Best Performance Yet - News Lagoon

Norway proposes extension to its Arctic oil exploration boundary – Reuters

OSLO (Reuters) - Norway plans to extend its no-go zone for oil exploration in the countrys Arctic waters but stopped short of areas for which licences have already been granted to oil companies.

The government on Friday proposed an extension of the so-called ice edge boundary to the constantly changing southern fringe of the permanent ice sheet. Anything north of that line is considered off-limits for oil drilling.

However, the new line remains sufficiently far north that it does not affect existing exploration licences.

Its a good compromise, Oil and Energy Minister Tina Bru told a news conference.

The centre-right minority government is expected to gain cross-party support for the proposal, which has been under consideration for months, with the right-wing Progress Party having expressed fears that oil companies could be robbed of existing exploration acreage.

This is a better starting point for negotiations on a compromise, Progress Party MP Jon Georg Dale told broadcaster NRK on Friday.

The Norwegian Oil and Gas Association, an industry lobby group, welcomed the proposal ahead of a new oil exploration licensing round that the government plans to hold after the ice edge plan is approved by parliament.

But the news was less well received by environmentalists.

Greenpeace said the government has put the interests of the oil industry ahead of the science.

The Norwegian Polar Institute and the Norwegian Marine Research Institute had proposed the ice edge be moved even further south than in the governments plan.

The proposal was based on scientific research showing that sea ice has a more widespread impact on Arctic life than previously thought.

When spring comes, the area covered by drifting ice becomes abundant with life, with algae bloom supporting zooplankton growth, which in turn attracts fish, birds and sea mammals.

If they do not listen to the scientific advice in this incredibly important matter, they cannot say that they are taking climate and the green transition seriously, Frode Pleym, the head of Greenpeace in Norway, told Reuters.

The new line is drawn where sea ice appeared 15% of the time in April, its maximum winter extent, from 1988 to 2017. The previous line was based on 30% probability and the years between 1967 and 1989.

Editing by Gwladys Fouche and David Goodman

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Norway proposes extension to its Arctic oil exploration boundary - Reuters

A Brexit extension wouldn’t be the end of the world – Spectator.co.uk

Is there going to be an extension to the Brexit transitional period during which the UK must obey EU rules and keep stumping up cash for Brussels? The answer may appear obvious: David Frost, the UKs chief negotiator, has unequivocally and publicly ruled it out. As he tweeted on 16 April: 'Transition ends on December 31 this year. We will not ask to extend it. If the EU asks we will say no.'

But, this being politics, Frosts statement leaves a key question unanswered. Namely: Is there going to be an extension to the Brexit transitional period? I do not mean to cast aspersions on Frosts integrity here, but I merely note that in his early months as Prime Minister, Boris Johnson promised that we would leave the EU on 31 October, 2019 'come what may'. And then we didnt.

Few blamed him, recognising that the failure to leave was not his fault and that the strength of his public commitment had shaken Brussels out of a complacent belief that Britain would never leave without a deal, causing it to reopen Theresa Mays flawed deal.

So it would be a perfectly respectable negotiating tactic to publicly claim there are no circumstances in which an extension will be considered in order to pile more pressure on Brussels, while privately holding a slightly less unequivocal position.

The downsides of allowing an extension, which technically would need to be requested by the end of June, are many and obvious. First, it could shatter confidence in the Government among pro-Brexit voters given that the Tory manifesto of December categorically ruled it out. That could in turn reignite Nigel Farage, breathing new life into his defunct Brexit party and smashing the monopoly over Eurosceptic opinion that is the foundation of current Tory fortunes.

Secondly, for the UK to request such an extension by the middle of this year would be rightly seen as a huge sign of weakness, throwing us onto the defensive in future relationship negotiations. In effect, Boris Johnson would be re-running the horrible political half-life of Theresa May, degrading before our eyes from a supposedly decisive leader into a sad and useless remnant.

As people around Johnson have been saying, an extension would not appear to solve any fundamental problem with reaching a stable agreement on trade or anything else. Either each side is ready to do a deal, or it isnt. If the latter is true then far better to halt our contributions to the EU budget, move to WTO terms and negotiate mutually beneficial evolutionary improvements to terms of trade from there rather than just drift on in a morale-sapping stalemate.

So I do not, for a moment, expect the UK either to ask for or agree to an extension by the end of June, as stipulated in the Withdrawal Agreement. And neither should it. The British Government will instead keep the pressure on Brussels all the way through summer and autumn. And this time there will be no stitch-up between Hilary Benn, Dominic Grieve and the Commons Speaker to lessen the pressure on the EU by outlawing a 'no-deal' outcome.

However, if negotiations proceed well, with concessions being made to Britain by Brussels and it just turns out that the coronavirus pandemic really has compressed timelines to the point that otherwise-attainable beneficial outcomes are ruled out then are we really to believe that there will be no 'give' whatever in the 31 December deadline?

I think under those circumstances, were Boris Johnson to wish it, he and he alone could sell to the British public an extension of a few weeks certainly no more than three months to make up for lost time and allow the final loose ends to be tied up.

The media would, as they did in autumn 2019, no doubt try to bash him over the head with his own unmet deadline. But the public would see that it had, once again, concentrated minds across the Channel and would put up with it so long as they were confident Johnson was closing in on the Brussels jugular and about to deliver a winning hand for Britain.

So will there be an extension? Its unlikely but actually not impossible in spite of the words of David Frost. If there is one it will be declared at the eleventh hour. And the British public will tolerate it so long as it embodies the essential characteristics of life without legitimate government as identified by Thomas Hobbes in his poem Leviathan. In other words, it would need to be nasty, brutish and short.

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A Brexit extension wouldn't be the end of the world - Spectator.co.uk

Power shortages will remain a big challenge in a post-COVID-19 South Africa – The Conversation Africa

The decline in economic activity precipitated by the spread of COVID-19 and ensuing lockdown in South Africa is also affecting the countrys electricity supply dynamics. The power outages that were disrupting the economy just a month earlier are suddenly contained. Electricity demand in the lockdown period has decreased by about 7,500MW, corresponding to almost a quarter of its normal peak capacity.

Given that Eskom, the national power utility, is using the lockdown period for some of its regular plant maintenance routines, more reliable supply can be expected in the latter part of the year. Electricity demand is likely to remain suppressed after the lockdown but this relief wont extend for more than a few months.

The utility has had some success in keeping many of its vulnerable generating plants operational, and is adopting a more rigorous maintenance regime. But electricity production capacity remains critically low.

When the country finally emerges from COVID-19, it will face a severely damaged economy requiring a massive rebuild. The electricity supply shortage will once again rear its head.

Some help could be provided by renewable energy projects scheduled to come on stream this year.

These include 12 solar farms and 12 wind farms. The first two developments were completed in February.

Construction for these plants was initiated in 2018 following the leadership change in the ruling African National Congress, after a three-year delay.

While the 2,177MW of power provided by these 24 new solar and wind projects appears to be substantial, one must remember that this output corresponds to optimal generating conditions (fresh winds and an overhead sun). In reality, in view of variable weather conditions and the day/night cycle, these plants produce roughly the same amount of electricity as just one of the six units of a large coal plant such as Duvha running non-stop. This is less than the 1,000MW that corresponds to stage one of loadshedding (the phased limitation of supply).

Its therefore essential to expedite the process leading to the development of more generation capacity beyond those currently under construction.

One important hurdle that has been cleared is the adoption of the updated Integrated Resource Plan for electricity last year. This blueprint, which is supposed to be revised every two years, had previously not been updated since 2011.

Several drafts had been produced in the interim, but none were adopted by government. This was presumably because these interim drafts recommended an energy mix that excluded any new nuclear build, a programme that the administration of former president Jacob Zuma was strongly in favour of.

The now official Integrated Resource Plan envisages the steady growth of the renewable energy fraction at the expense of old coal plants, which would gradually be decommissioned.

In particular, the plan would add 1,600MW of wind power each year from 2022 to 2030, as well 6,000MW of new solar energy for that period (starting with 1,000MW in 2022).

Also envisaged for this nine-year time span are two new 750MW coal plants, with the first up and running in 2023, a total of 3,000MW from gas plants (the first of which is supposed to be operational in 2024), and 2,500MW from the Grand Inga dam on the Congo river.

Some relief of the power shortages will come from the presently partly operational Medupi and Kusile megaprojects, whose much-postponed commissioning is expected in the coming few years, and the planned life extension of the Koeberg nuclear plant (which will however not provide extra capacity). But these measures wont suffice to mitigate the closures of the old coal plants.

Some of the new builds are already in doubt. The Grand Inga project, tentatively scheduled for completion in 2030, is facing serious challenges. The future of the newly planned coal plants is also in question. As a primary driver of global warming, coal power is being increasingly maligned, and a large number of potential funding agencies now have policies not to support any coal project. That means that, at least in the medium term, newly initiated projects will be restricted to renewable energy and gas.

Solar and wind projects have a short construction time. The challenge is the regulatory and administrative hurdles that must be cleared before a project can go ahead. These relate to bid submission, review and selection, financial closure and signing of contracts with Eskom. Before the stalling of the Renewable Energy Independent Power Producer Procurement Programme in 2015, the time between the bidding call and plant commissioning was typically three years. That would make the projected 2022 completion date for the next batch or projects practically unachievable.

There are also concerns that the government and the electricity regulator arent demonstrating the required urgency to kickstart a new round of projects. Renewables are perceived as a direct threat to the coal industry, and trade unions allied to the governing party organising in the coal sector are particularly anxious about the inevitable energy transition. Theres also a feeling in some quarters that the mining and energy minister, Gwede Mantashe, a former mining sector unionist, is siding with the coal sector.

But there is a glimmer of hope. Mantashe has just issued two determinations for the procurement of considerable additional power generating capacity.

The first determination is for 2,000MW of emergency power of any technology. Its 2022 completion deadline cannot realistically be met by new builds, so it remains to be seen if the targeted capacity can be achieved by innovative short-term solutions, such as increasing the maximum capacity of existing plants.

The second determination is guided by the Integrated Resource Plan 2019: 4,800MW wind and 2,000MW solar required between 2022 and 2024, 3,000MW gas and 1,500MW coal up to 2027 and 513MW in storage capacity. With several procedural steps still required that show no sign of being expedited, its unlikely that proposals for new power plants will be requested before much later this year.

These plants will then most likely only become operational in late 2023, meaning that the power system will remain vulnerable until then.

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Power shortages will remain a big challenge in a post-COVID-19 South Africa - The Conversation Africa

Senators hope ECQ extension will be the last – Philippine Star

MANILA, Philippines Senators are hoping that cases of coronavirus disease 2019 (COVID-19) would continue to taper off and that the latest extension of the enhanced community quarantine (ECQ) will be the last so that enough resources would be left to jumpstart economic recovery.

The lawmakers also supported President Dutertes decision to extend the lockdown in Metro Manila and other high-risk areas while easing restrictions in others.

Senate President Vicente Sotto III said the entire country must exert all efforts to help contain the spread of COVID-19 in the last 21 days of ECQ even as he warned that the Filipinos way of life may not be the same again or a new normal may be enforced after restrictions are lifted.

Lives and health before economy. The economy can be revived later but a life lost cannot be resurrected. Only Jesus does that, Sotto said.

Senate President Pro Tempore Ralph Recto said the extension was expected but the governmentwill eventually have to allow people to get back to work little by little, and plan for the next three years.

Expect a new normal with physical distancing, wearing masks, lack of consumer confidence, worker confidence and investor confidence. The government must prepare for mass testing, isolation and treatment. Invest more on healthcare infrastructure. Incentivize health workers, nurses, doctors etc. and provide worker subsidies, interest free loans for businesses and repurpose industries, Recto said.

Sen. Panfilo Lacson said the country wasstill a thousand miles away from flattening the curve and despite the missteps and shortcomings of some government agencies, it cannot be denied that ECQ has contributed its share in minimizing the spread of the virus.

As the country takes the cautious, calculated step of extending quarantine, the government must at the same time expedite relief and succor to the vulnerable sectors, Sen. Grace Poe said.

She said poverty has been exacerbated by this pandemic, thus concerned agencies should work double time so that all forms of assistance reach target families who are in need.

Congressmen also welcomed yesterday the decision of President Duterte to again extend quarantine.

Speaker Alan Peter Cayetano said the quarantine has been effective in preventing spread of the disease so far.

The ECQ is working, so lets help one another in making it successful, he told reporters in Camp Bagong Diwa, Taguig City where he donated food supplies for police Special Action Force.

Valenzuela City Rep. Wes Gatchalian, House trade and industry committee chairman, said the health of the people is the primary concern of the government but he also urged the Inter-Agency Task Force (IATF) on Emerging Infectious Diseases to consider adjusting rules on specific trade sectors in order to sustain the needs of communities under the extended quarantine.

Ako Bicol party-list Rep. Elizaldy Co, one of the original proponents of the selective and modified quarantine scheme, lauded the decision of President Duterte to extend the ECQ in Metro Manila and other provinces while gradually easing stay-at-home orders in areas with zero or very few cases of COVID-19.

Last April 14,Co pushed for conditional quarantine lifting to restart economic activities in select areas and help ease governments burden during the COVID-19 pandemic. These include island-provinces with zero to one case of COVID-19 in the last 15 days or in the case of municipalities only those with zero cases.

The objective of quarantine lifting is to allow people, albeit in limited numbers and in select localities, to return to their jobs. Were fighting a protracted war and until no vaccine is invented, governments limited resources cant support and feed all those who were displaced. We need to save government funds for the longer battle, Co said.

Albay Rep. Joey Salceda said the ECQ extension is necessary to save lives at the expense of large economic losses that could anyway be recovered in years to come.

Salceda explained that while the two-month quarantine could result in P1.2 trillion in economic losses, health standards should first be met before ECQ could be lifted.

The health outcomes will decide everything. Any temporary recovery that takes place when we lift the ECQ prematurely is illusory. We need sustained recovery, because certainty is the foundation of lasting economic recovery. Thats why I support the decision tool that the IATF is adopting, he pointed out.

Salceda suggested four measures to be put in place during the extended ECQ period comprehensive measures to protect at-risk and vulnerable population, strict compliance with non-pharmaceutical interventions like wearing face mask and social distancing, full protection for frontliners and readiness for peak capacity and mass testing of at least 0.22 percent of pupulation.

Foreign Affairs Secretary Teodoro Locsin Jr. backed yesterday the extension of ECQ in Metro Manila and other high risk provinces until May 15.

What a relief. I believe in it and advocated it, Locsin said in a post on Twitter.

He said he has informed his counterparts from the US and the Association of Southeast Asian Nations (ASEAN) about the extension of the ECQ in some parts of the country during their recent videoconference.

The DFA said 818 more Filipino workers were repatriated from the United Kingdom, Equatorial Guinea, Democratic Republic of Congo and Australia and arrived at the Ninoy Aquino International Airport on Thursday afternoon and early yesterday morning.

The militant Bagong Alyansang Makabayan (Bayan) yesterday lamented that thebiggest problems right now under the COVID-19 quarantine are inadequate mass testing, slow social amelioration for the poor, the economic slowdown and relentless assaults on human rights. With Edu Punay, Helen Flores, Rhodina Villanueva, Czeriza Valencia

See the article here:

Senators hope ECQ extension will be the last - Philippine Star

Covid-19: NCDC hints at extension of lockdown – Vanguard

NCDC DG, Dr. Chikwe Ihekweazu*As Labour warns FG against using Pension Funds as Palliatives*We wont touch it, SGF assures*5, 000 health workers get Life Insurance Cover*FG asks farmers to get ready for farming seasonBy Omeiza Ajayi

Barely two days to the end of the second round of a 14-day shutdown of the nations capital, Abuja as well as Lagos and Ogun states, the Nigerian Centre for Disease Control NCDC has hinted at the likelihood of the extension of the current lockdown, saying Nigeria has not gotten to the point where its containment protocols could be relaxed.

This was even as the Nigeria Labour Congress NLC warned the federal government against deploying the Contributory Pension Fund as Palliatives in the fight against the Novel Coronavirus.

On its part, the Federal Government which promised not to touch the pension fund, announced that Nigerias insurance industry has offered a life insurance to 5, 000 health workers who are in the front line of the fight against Covid-19.

Government also asked farmers in the country to get set to return to farm as the planting season begins, saying the Federal Ministry of Agriculture has put in place several farming incentives.

These were some of the disclosures yesterday in Abuja at the daily briefing of the Presidential Taskforce on Covid-19.

Lockdown continues

Speaking at the event, Director General of the NCDC, Dr Chikwe Iheakwazu said while relevant authorities are working hard to get to a point where the restriction measures can be eased, the country was yet to get to that point.

He said; I will like to start by thanking everyone for their continued sacrifice on this journey and their continued cooperation with the lockdown as advised and instituted by Mr President and many other Governors across the country.

As we travelled round the country over the last four days, we could really see how difficult it has been and how hard Nigerians have been trying to do their best. We know it is a difficult journey but we also know that we will eventually exit this stage and we return to our normal lives, but that stage is still a while to come and I ask for your endurance, your support, your patience. A lot of efforts are going on across the world to find new therapies, to find vaccines and everybody is pushing very hard in this direction. So, we need to stay firm.

Spreading the virus, we do when we go out. We are an outgoing society. We live and work outdoors. So, staying at home and thinking about every movement we make is very important especially when we feel the need to travel. I recognize how difficult these things are at the moment. Many families I know personally have not been able to bury their dead, they have rescheduled their marriages, baptisms and everything they are doing. So, in a way it feels like life has been suspended or we have suspended so many of the things that we hold dear. I am sure that as leaders, we recognise the sacrifices being made by all Nigerians but we have to encourage each other to continue. Continue until we get to the position where we can relax some of that, but to get to that place, we have to continue in the short term, he added.

Life Insurance

In his opening remarks, Chairman of the Taskforce and Secretary to the Government of the Federation SGF, Mr Boss Mustapha said the paperwork for several allowances meant for health workers have been concluded.

He said; Today, the welfare of our front line heroes, the health workers came to the front burner. I am pleased to inform you that the Federal Ministry of Health working in conjunction with other MDAs and the Health sector professional bodies have signed an MOU for various allowances and other incentives. The full details will be unveiled to you by the Hon. Minister of Health soon.

I am however pleased to inform you that, in addition to what the Federal Government is doing, the Insurance Industry has responded massively to the call for support. The PTF has received the Life Insurance cover to the frontline workers on COVID-19 for a maximum of 5000 health workers who are employed to fight against the COVID-19 pandemic.

The premium in the sum of N112,500,000 for the cover has been fully paid by the Nigerian Insurance Industry in line with the principle of No Premium, No Cover.

The PTF wishes to thank the Insurance Industry immensely and calls on other sectors of the economy to rise up to support the efforts to fight COVID-19. I also call on our frontline health workers to double their efforts just as we assure them of our determination to protect them, he added.

Agric incentives

I also wish to use this opportunity to restate that food security and self-sufficiency remain important to our national life. I therefore urge all our farmers to begin to prepare for their return to the farms as the planting season begins. The Federal Ministry of Agriculture has put in place arrangements for access to farm inputs, extension and other services, Mustapha added.

Nine Nigerian infected in China

Minister of Foreign Affairs, Geoffrey Onyeama dismissed reports that 72 Nigerians had tested positive for the Novel Coronavirus in Guangzhou, China, saying official figures indicate that those affected are only nine. He however conceded that Nigerian Consular officials in the Chinese Province explained that some Nigerians were asymptomatic.

He said; We have been in touch with our Consulate in Guangzhou which is the epicentre of this whole thing happening in China regarding Nigerians and Covid-19, and the official figure that was given was nine Nigerians. They added that a number of Nigerians were asymptomatic but the figures that we have are nine, he said.

On his part, Minister of Health, Dr Osagie Ehanire said the ministry has already deployed Covid-19 starter packs to all tertiary health institutions in the country.

We have now deployed Covid-19 starter packs to all tertiary institutions and Federal Medical Centres, to complement what was earlier sent to each State. The starter packs consist of medical consumables and disposables, to ensure that our frontline healthcare workers are protected.

The Covid-19 capable national laboratory network led by NCDC has capacity to test over 1,500 samples per day in 13 laboratories, but the present utilization is barely 50%, since we averagely test about 600 samples daily, being the samples receivied per day. Efforts are on to increase the number of functional laboratories in the country, however, we need to meanwhile improve surveillance, sample collection strategy and transport logistics to laboratories and reduce the turn around time for the tests. In our strategy, testing positive is followed by Isolation and treatment, as needed, he added.

Pension Fund

President, Nigerian Labour Congress NLC, Comrade Ayuba Wabba warned the federal government against touching the Contributory Pension Fund in its bid to galvanise resources against Covid-19.

He said; The Contributory Pension Fund is the money that belongs to the Pensioner. It is in the Pensioners Retirement Savings Account and it is structured in such a way that he would continue to draw this money through out his life. So, we need to control those funds and we need to also make sure that the workers who are contributing this money, at the end of the day when they are no longer working, they should be able to have something to rely on. So, clearly, I think it should not be used for this purpose (Covid-19), he said.

Responding, the SGF said the federal government will not touch the said funds.

He said; We have looked at the issue of the Pension Fund. As a matter of fact, we even got the Minister of state, Education, to do us a position paper and our conclusion was that the time is not even right for us to go there because the entire world, in terms of our economy, health system has been disrupted by Covid-19 and the consequences, nobody can imagine until probably when the dust is settled. I am being honest with you. The consequences are all over the world.

Vanguard

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Covid-19: NCDC hints at extension of lockdown - Vanguard

Simon Walker writes: Feeding the habit in times of social isolation – Newcastle Herald

news, local-news,

Lockdown has created some routine challenges in our household over the last month which we've been rising to with varying degrees of success. Problem drinking hasn't been one of them. That's because I stockpiled the minute I realised this pandemic thing was going to get serious. Beer, wine, cooking sherry - I'm not proud. It was more a practicality thing. But it's interesting what a prepper will hoard when they sense the apocalypse is nigh. Fair to say I was probably less concerned about a water outage, and by the way, is it beer o'clock yet? The fear at the outset was that along with everything else they would close my local bottlo. Turned out bottle shops were deemed not places of social congregation, leading me to wonder if authorities had ever been to my local bottlo. Staying home, shopping less but buying more has extended into fruit and veg too, leading to concerns about problem eating. Someone's got to chew down the pantry. No sooner do we finish one meal then word goes out about what's for dinner tomorrow. You've got to have something to look forward to in social isolation. Unfortunately this puts pressure on the lockdown chef, most of whom only have a limited number of deadset, sure-fire, crowd-pleasing winners in the cooking repertoire. That well can run dry pretty quick as days and meals roll into one. Before you know it, the rotation is back to ground zero - potato. And with repetition comes the risk of copping heat from your captive eating audience. Problem drinking helps ease the sting of criticism, but as a rule, it's recommended most of the sauce goes in the actual sauce, not the sorcerer. Maintaining the kitchen magic has led to another questionable method of breaking routines in our household - problem baking. It's an extension of problem eating that's evolved to fill the gaps round morning and afternoon tea. And when I say "fill the gaps", I mean "pack the saddle bags". Biscuits, cakes, fondue, a straight packet of castor sugar guzzled like a can of Solo - anything to tame those sweet-tooth receptors. All in the name of a cup of tea. I don't mean to make light of the situation because that's not where this is heading. After a month of problem drinking, eating and baking, lockdown has led, inevitably almost, to problem exercising. A challenge at the best of times. But the mirror doesn't lie - there's clearly another curve that needs flattening and we've been giving it a crack every afternoon. Exercise I mean. And when I say crack, I also mean groan, because exercise hurts after being cooped up all day. There's a worry we've all grown a bit too. And not just spiritually. Taking the edge off lockdown routine has made us more rounded human beings in many ways. More from Simon Walker: The complete That's Life archive

https://nnimgt-a.akamaihd.net/transform/v1/crop/frm/5j9qeAa2aY4LpWZ52cph4N/9dae0c6f-e30b-4ace-b3f6-e3518ce65d81.jpg/r0_123_2100_1310_w1200_h678_fmax.jpg

OPINION

April 26 2020 - 4:00PM

Lockdown has created some routine challenges in our household over the last month which we've been rising to with varying degrees of success.

Problem drinking hasn't been one of them. That's because I stockpiled the minute I realised this pandemic thing was going to get serious.

Beer, wine, cooking sherry - I'm not proud. It was more a practicality thing. But it's interesting what a prepper will hoard when they sense the apocalypse is nigh.

Fair to say I was probably less concerned about a water outage, and by the way, is it beer o'clock yet?

The fear at the outset was that along with everything else they would close my local bottlo.

Turned out bottle shops were deemed not places of social congregation, leading me to wonder if authorities had ever been to my local bottlo.

Staying home, shopping less but buying more has extended into fruit and veg too, leading to concerns about problem eating. Someone's got to chew down the pantry.

No sooner do we finish one meal then word goes out about what's for dinner tomorrow.

You've got to have something to look forward to in social isolation.

Unfortunately this puts pressure on the lockdown chef, most of whom only have a limited number of deadset, sure-fire, crowd-pleasing winners in the cooking repertoire.

That well can run dry pretty quick as days and meals roll into one.

Before you know it, the rotation is back to ground zero - potato. And with repetition comes the risk of copping heat from your captive eating audience.

Problem drinking helps ease the sting of criticism, but as a rule, it's recommended most of the sauce goes in the actual sauce, not the sorcerer.

Maintaining the kitchen magic has led to another questionable method of breaking routines in our household - problem baking.

It's an extension of problem eating that's evolved to fill the gaps round morning and afternoon tea. And when I say "fill the gaps", I mean "pack the saddle bags".

Biscuits, cakes, fondue, a straight packet of castor sugar guzzled like a can of Solo - anything to tame those sweet-tooth receptors.

All in the name of a cup of tea.

I don't mean to make light of the situation because that's not where this is heading.

After a month of problem drinking, eating and baking, lockdown has led, inevitably almost, to problem exercising.

A challenge at the best of times.

But the mirror doesn't lie - there's clearly another curve that needs flattening and we've been giving it a crack every afternoon.

And when I say crack, I also mean groan, because exercise hurts after being cooped up all day. There's a worry we've all grown a bit too. And not just spiritually.

Taking the edge off lockdown routine has made us more rounded human beings in many ways.

View original post here:

Simon Walker writes: Feeding the habit in times of social isolation - Newcastle Herald

Latest Litecoin price and analysis (LTC to USD) – Yahoo Finance

With volatility slowly but surely creeping out of the cryptocurrency market, Litecoin has continued to consolidate in a sideways pattern above the $39.54 level of support.

It has now been trading with in a 10% range for the past fortnight as it struggled to makes its way towards the psychological level of resistance at $50.

As noted on Coin Rivets previous analysis, the daily 200 moving average is posing a key hurdle for a number of top cryptocurrencies, including Litecoin.

It is currently coming in at $52.60, which means if it can breakout above $50 it could well be met with another stumbling block.

The bullish narrative that is circulating among long-term Litecoin investors relates to the upcoming Bitcoin halving, which is expected to commence in 19 days.

Historically when Bitcoin underwent a halving it acted as a catalyst for a series of bull markets, causing altcoins like Ethereum and Litecoin to rally significantly in the following months.

The theory is that as Bitcoins price will surge as new supply coming onto the market gets slashed. Investors and traders will then take profits and diversify into more speculative assets, causing the notorious altcoin season that many have been waiting for.

However, the Bitcoin halving being a bullish event is far from certain this year as a result of the economic downturn the entire world is suffering.

The coronavirus pandemic caused the stock market to suffer its worst slide since the 2008 financial crisis, while the likes of oil momentarily traded at a negative due to oversupply.

Another decline like this would certainty have an impact on cryptocurrencies as investors attempt to liquidate assets as panic sets in.

For more news, guides and cryptocurrency analysis, clickhere.

Litecoin was released in October 2011 by Charlie Lee, a former Google employee. It is a fork of Bitcoin, with the main difference being a smaller block generation time. The protocol also increased the maximum number of coins and implemented a different script-based algorithm.

Litecoin is one of the leading cryptocurrencies and is one of thetop 10 cryptocurrenciesby market capitalisation.

If you want to find out more information about LTC orcryptocurrenciesin general, then use the search box at the top of this page. Heres an article to get you started:

https://coinrivet.com/litecoin-becomes-official-cryptocurrency-of-the-miami-dolphins/

As with any investment, it pays to do some homework before you part with your money. The prices of cryptocurrencies are volatile and go up and down quickly. This page is not recommending a particular currency or whether you should invest or not.

You may be interested in our range ofcryptocurrency guidesalong with the latest cryptocurrencynews.

Read more:

Latest Litecoin price and analysis (LTC to USD) - Yahoo Finance