The World’s Electronic Waste This Year Will Weigh More Than the Great Wall of China – Singularity Hub

Its widely known that the world has a plastics problem. From landfills to the ocean, the stuff is everywhere, and our conscientious efforts to recycle dont do nearly as much good as we think.

Whats less widely known is that we have a similar problem with another kind of waste: electronics. A report published this week on WEEE Forum revealed that the total waste electronic and electrical equipment from 2021 will weigh an estimated 57.4 million tons. Thats heavier than Chinas Great Wall, which is the heaviest man-made object on Earth.

Not surprisingly, the amount of e-waste generated each year is steadily increasing. For one, as the global middle class grows, more people can afford to buy electronics (and to buy new ones when their old ones break, rather than getting the old ones repaired). Also, the prices of many electronic items tend to trend downwards as their manufacture is scaled up, their technology improves, supply chains are streamlined, etc. (given the global chip shortage, the next couple years may be an exception to this trend).

E-waste appears to be growing by three to four percent per year. In 2019 the total reached 53.6 million tons; that was 21 percent higher than 2014s total. If we stay on this trajectory, annual global e-waste will reach 74 tons by 2030.

Product manufacturers arent helping the situation; building products with shorter life cycles, making repairs too expensive or difficult to undertake, and continually releasing new iterations means people are likely to either cast aside their perfectly-good iPhones/tablets/laptops for newer models, or decide that repairing a non-working device isnt worth the trouble and opt for buying a brand-new one. Do you have at least one working (or partially-working) cell phone or laptop sitting in a drawer somewhere, untouched for months or years? Yeah, me too.

When you buy an expensive product, whether its a half-a-million-dollar tractor or a thousand-dollar phone, you are in a very real sense under the power of the manufacturer, said Tim Wu, special assistant to the president for technology and competition policy within the National Economic Council. And when they have repair specifications that are unreasonable, theres not a lot you can do.

The Right to Repair movement thinks otherwiseor, is trying to get consumers and manufacturers to think otherwise. The movement is trying to make it easier for people to repair the devices they already own rather than having to buy new ones.

Europe is several steps ahead of the US in this arena. In March of this year the EU implemented a law requiring appliances to be repairable for at least 10 years; new devices have to come with repair manuals and be compatible with conventional tools when their life cycle ends (so that people are more likely to break them down and recycle them). In Sweden, people even get tax breaks for appliance repairs done by technicians in their homes.

Though there are no similar laws in place in the US yet, the Federal Trade Commission has been investigating repair restrictions as they relate to antitrust laws and consumer protection. Unsurprisingly, electronics manufacturers are largely against right to repair, claiming consumer safety could be jeopardized. But an FTC report from May of this year found there was limited evidence to support manufacturers justifications for restricting repairs, and that peoples device batteries arent actually that likely to burst into flames, nor their personal data likely to be compromised by repairing their devices.

According to the WEEE Forum report, around 416,000 phones per day are thrown out in the US. Thats 151 million a year, and guess where they end up? Heres a hint: 40 percent of heavy metals in landfills come from discarded electronics. Those metals could be recycled for use in new products, but theres no system nor incentive in place to facilitate this.

While small electronics like phones and laptops may have the fastest turnover, theyre not very heavy, and thus arent the biggest contributors to the huge sum of total tons of e-waste. Those culprits are larger items like refrigerators and stoves. But whatever the item is, it comes down to the same principle: we shouldnt be throwing things out until theyre really, truly done workingand then we should have a way to ensure the recyclable components get to a place where they can be re-used.

Pascal Leroy, director general of the WEEE Forum, said, Many factors play a role in making the electrical and electronics sector resource efficient and circular. Butas long as citizens dont return their used, broken gear, sell it, or donate it, we will need to continue mining all-new materials causing great environmental damage. He added that every ton of waste electronic and electrical equipment that gets recycled saves around two tons of CO2 emissions

Given that repairs directly conflict with their primary motiveprofitcompanies arent likely to make pro-repair moves without some serious pressure from consumers or regulators. And it seems that pressure is already being applied, and responded to: Popular Mechanics reported this week that Microsoft is considering right-to-repair reform, and has hired an independent third party to research the impacts on customers and the environment of making more repairable products.

As WEEE Forums Magdalena Charytanowicz said, Consumers want to do the right thing, but need to be adequately informed, and a convenient infrastructure should be easily available to them so that disposing of e-waste correctly becomes the social norm in communities.

Lets hope we move towards that vision before the weight of our electronic trash grows too much more.

Image Credit: Muntaka Chasant/Wikimedia Commons

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The World's Electronic Waste This Year Will Weigh More Than the Great Wall of China - Singularity Hub

The science behind Destiny 2s Lorentz Driver weapon – Space.com

In Destiny 2s fifteenth season, Season of the Lost, players can earn a new exotic grade weapon by progressing through the Season Pass the Lorentz Driver. This new Linear Fusion Rifle may look like yet another science fiction weapon powered by impossible energies and ridiculous technology. Thats not necessarily the case this time, as the Lorentz Driver has its mechanics and name rooted in real science. Heres how the weapon breaks down its interpretation of the Lorentz force.

So, first off, we have to look at the force this weapon is named after, the Lorentz force. Originally developed from a complete derivation by Hendrik Lorentz in 1895, Lorentz force is the combination of electric and magnetic forces on a charged particle due to electromagnetic fields. This charged particle will only feel a force due to the magnetic field if it is moving with a component of its velocity perpendicular to the field. If it moves parallel to the magnetic field, it experiences no force. Particles, or a single particle, guided by this force is influenced by the Guiding Center, where all surrounding particles align towards this point in space.

The sum of these two forces creates a force that we call the Lorentz force. This concept allows almost all modern electronics to function; speakers, computers, and even railguns all utilize the idea of Lorentz force as the main basis of how they handle electricity and magnetism. Particle accelerators and cyclotrons especially utilize Lorentz force due to their circular shapes and how the force multiplies the speeds of charged particles, allowing them to collide and create new elements.

Looking at how the Lorentz Driver weapon functions, we can break down the components of the mechanics and how they tie to Lorentz force itself in a basic manner. The Linear Fusion Rifle in Destinys universe is a weapon that projects a super-concentrated beam of elemental energy in a single shot, much like a sniper rifle but with much more piercing power.

The Lorentz Driver is a void element weapon, which is described in Destinys lore as an energy of absence or vacuum where energies can be negated. When players score a Precision Kill, or a head shot, on a target a small black hole forms that attracts nearby enemies and then erupts in an explosion of void energy. Targets at random will also be highlighted by the weapons scope system and drop a small, golden tag called a piece of Telemetry Data. When players pick up three of these tags they will gain a buff known as Lagrangian Sight.

When a singularity forms from a Precision Kill, this is basically the Guiding Center of Lorentz force charging a particle and attracting things near it to a common alignment. Since the energy of the weapon is void and it usually produces a vacuum-like effect when used, the fact nearby objects tend to collapse in on void energy, it makes sense.

While the Lagrangian Sight buff is active, the Lorentz Driver will cause more damage and every kill, precision or not, will cause the singularities to form. According to the weapons lore entry from in-game documentation the rifle was possibly built haphazardly by the alien race known as the Fallen, or Eliksni, from non-weapon parts.

Applying the basics of Lorentz force to the weapon makes it easy to see how it all works. The weapons most basic functions are similar to that of a real-life railgun, a type of cannon that employs magnetism and large amounts of electricity to propel a projectile at high speeds with the use of electromagnetic rails. Lorentz force is applied to how the weapon projectile is propelled by applying a charge to a beam of energy.

When the weapons Lagrangian Sight kicks in, it is using the basis of Lagrangian mechanics that add to the weapons power and precision. When the Lagrangian is applied to the weapons mechanisms, it is interacting with the weapons potential energy and bolstering its accuracy to find a vector within space, which explains why the singularities form on any kill rather than a precision kill.

While in the Destiny universe, weaponry and energy are dictated by the games own lore and concepts of how everything functions, its clear Bungies writing team did their homework on this one. The weapons name doesnt just serve as flavor, but is a simplified demonstration of a foundation of electricity and magnetism.

The brilliance of the weapon mechanics make it not only an engaging weapon to use, but the clever demonstrations of real-life electromagnetism show Bungies attention to detail is bar none. Destiny is not a super-accurate world, but its roots in science and use of worldbuilding to give structure to how everything mingles allows unique representations of real-life concepts of science to exist such as this. As the saying goes, any sufficiently advanced technology can be indistinguishable from magic.

If you're looking for more sci-fi gaming content, check out our best Star Wars games guide, and if you're looking to get immersed in the VR space battles then we've also got our best PSVR space games guide for you.

Play Destiny 2 Beyond Light on Xbox Game Pass

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The science behind Destiny 2s Lorentz Driver weapon - Space.com

What Could the Paris Legion be Planning? – The Game Haus

Over the years, roster mania has been very crazy. However, this year, it is a little different. Other than the news of a possible merger between OpTic and Dallas and changes of a few teams, there has not been a lot of things that have been happening this off-season. What could the Paris Legion be planning?

For the Paris Legion, it is no different than every other season. They need to rebuild. After two consecutive seasons of terrible performance in the Call of Duty League, the COD competitive community is looking to see if Paris is actually going to try and get a roster to be able to compete in the league.

For the past two seasons for the Legion, it has been really uneventful. It truly has been full of defeat. In the first season, they created a roster with Louqa, KiSMET, Shockz, Denz, and Zed. They had two top-three finishes in tournaments, but other than that, they placed either last place or second to last place.

The second season of the Paris franchise was also a heartbreaking one as they started out with the roster of Skrapz, Aqua, Classic, and Fire. The best placing this team ever reached was 7-8th place in tournaments over the start of the season to the middle of it.

They then changed to have Temp and Zaptius on the team. This showed a little improvement during the ending of the season. However, their best performance was, yet again, 7-8th place finishes.

Some players that are still on the market might want to take advantage of the Paris Legion and pounce on a good deal to maybe better their careers and their time. With many young and talented players waiting in the wings, things could be really promising for the Paris Legion.

One player that they could be looking at is Denza. He is very well known in the Call of Duty League as he is known to be the Belgian buster as he is a talented player from the country of Belgium who broke onto the scene.

A player from England who is known for his flashy plays as well as his killer mindset while in-game. His communication for times in-game while on Team Singularity is where he was the most known as he had great success with the team.

He could make his return to a quality team after his short stint of being on the Rokkr back in 2019. He is still a very talented player that wants to prove to his Call of Duty League colleagues as well as the world that he is still the aggressive player he once was back in previous game titles.

Well this, again, is a longshot. But could you imagine him building this team. This team was never great. So could you imagine if they decided to take this chance on the three-time world champion to rely on him to create another world championship team. He knows talent from a million miles away and has an eye for success. If this is the case, things could be looking great for the team from Paris.

Featured Image Courtesy of the Paris Legion

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What Could the Paris Legion be Planning? - The Game Haus

Gitex 2021: Four tech trends which will define our future – The National

The Gulf Information Technology Exhibition in Dubai is a sprawling trading space with thousands of exhibitors from all corners of the globe.

As a visitor it can be hard to get the measure of the wider tech trends, partly because every two minutes you trip over a robot or meet a hologram.

Subjects such as cybersecurity, coding, artificial intelligence and the data economy dominate the popular narrative but is humanity actually making progress?

Are we moving into a brighter future populated by cobots collaborative robots and autonomous vehicles? And how soon will humanity be able to collectively put its feet up and let the machines do the hard work?

The National spoke to several experts at Gitex to find out.

Inside Hewlett Packard's stand at Gitex 2021. Leslie Pableo / The National

In the near future, intelligence will be redefined through artificial intelligence and robotics.

Many of the exhibitors and speakers at Gitex are focused on how close we are as a species to singularity the hypothetical point in time at which technological growth becomes uncontrollable and irreversible, resulting in unforeseeable changes to human civilisation.

"This is a landmark moment in the history of humanity because never before have we tried to replicate or duplicate our intelligence," said Tannya Jajal, a futurist and artificial intelligence expert based in Dubai.

So when will it happen? No one knows, but there are plenty of companies at Gitex trying to figure out what this technological era means for humans on an individual level.

The reality is that the technology to power AI robots who clean your house exists and is starting to become cheaper.

Now it comes down to the question of whether the public are ready to live with robots in their homes and workplace, said David Reger, chief executive of Neura Robotics, a German company preparing to bring a robot maid to the market.

"I think we are still working to make the public ready," he said.

"In Asia and China we sell a lot of robots and they use them for many more reasons than in other regions. They have less boundaries there and a different ethical approach."

Arash Masomzadeh, who is in charge of the 152 robots at Expo 2020 Dubai, hopes the world's fair will help humans become accustomed to having them around.

"Where robotics goes from here is really up to the general public. Where will they allow robots to go? Will they accept it? Will they nurture it, or will they take a hands-off approach?" he said.

"It's really up to demand where robotics goes from here."

Films such as Terminator and RoboCop featuring rogue robot characters have entered the public consciousness and inadvertently put people off robots and made them scared of artificial intelligence, Mr Masomzadeh suggested.

"I think there's a lot of bad publicity regarding AI and its capabilities," he said.

"We cannot be a computer but humans have logic and common sense. We have to teach the robot that common sense and it's going to be like that for a very long time.

"The robot needs to be taught and it's still us for the time being doing all the teaching."

A man using an augmented reality headset at the Du stand at Gitex in the Dubai World Trade Centre. Leslie Pableo / The National

Over the next few years, we will redefine our perception through tools such as virtual reality and augmented reality, Ms Jajal said.

Dozens of companies are showcasing their systems at Gitex, with exhibitors encouraging visitors to put on VR goggles to become immediately subsumed into a new world.

"You'll see a lot of start-ups here and a lot of larger organisations as well investing in technology like that," Ms Jajal said.

"Over time I think we will absolutely see the proliferation and democratisation of these technologies and it's going to completely alter the way that we interact with one another."

Facebook founder Mark Zuckerberg certainly agrees. He has previously spoken of creating a "metaverse" or online world where people interact, work and play games in a virtual environment, often using VR headsets.

The Facebook chief executive described it as an embodied internet where instead of just viewing content you are in it.

So in the future, meetings will not take place in 2D with each person appearing in their own rectangle, but in 3D, where you feel like you are physically in the meeting room via an avatar or hologram.

Tanya Dipak Jajal, expert technology contributor at Gitex. Chris Whiteoak / The National

Progress is starting to accelerate thanks to the democratisation of digital technology.

Faster internet, better processing power and technological advances are allowing for more people to be innovators and creators.

"We no longer have to follow a linear path to human progress, we can all kind of come together and do amazing things," said Ms Jajal.

"We're actually on a really good track as humanity and governments and companies and private organisations are really coming together to make sure that we move forward and Gitex is evidence of that."

Updated: October 19th 2021, 8:10 AM

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Gitex 2021: Four tech trends which will define our future - The National

Morgan Stanley says SpaceX’s Starship may ‘transform investor expectations’ about space – CNBC

Starship prototype 20 is stacked on top of Super Heavy Booster 4 on August 6, 2021.

SpaceX

Elon Musk's SpaceX has become one of the world's most valuable private companies, and Morgan Stanley believes the Starship rockets the venture is developing will have wide-reaching implications.

Starship is the massive, next-generation rocketSpaceX is developing to be fully reusable, to launch cargo and people on missions to the moon and Mars. The company is testing prototypes at a facility in southern Texas and has flown multiple short test flights.

"This technological development has the potential to transform investor expectations around the space industry," Morgan Stanley analyst Adam Jonas wrote in a note to investors on Monday.

"As one client put it: 'talking about space before Starship is like talking about the internet before Google,'" Jonas added.

Morgan Stanley noted that its latest views on SpaceX come in response to CNBC reporting that the company's valuation has hit $100 billion.

"What SpaceX is doing on the shores of South Texas is challenging any preconceived notion of what was possible and the time frame possible, in terms of rockets, launch vehicles and supporting infrastructure," Jonas said.

In Morgan Stanley's view, Musk's company has created a "double flywheel" of technology development with its reusable rockets and Starlink satellites. The firm bases the majority of SpaceX's valuation on the earning potential of the Starlink satellite internet network, which Musk has previously said could bring in as much as $30 billion in revenue a year.

"We view SpaceX's launch capabilities and Starlink as inextricably linked whereby improvements in launch capacity/bandwidth (both in frequency and payload per flight) and cost of launch improve the economics and path to scale of Starlink's LEO constellation," Jonas said. "At the same time, development of Starlink's commercial opportunity provides a thriving 'captive customer' for the launch business, enabling a symbiotic development."

Notably, Morgan Stanley expects Starlink to burn about $33 billion this decade and turn cash flow positive in 2031.

Morgan Stanley last year forecast that SpaceX would become a $100 billion company at a time when SpaceX's valuation was nearing $44 billion.

"More than one client has told us if Elon Musk were to become the first Trillionaire... it won't be because of Tesla. Others have said SpaceX may eventually be the most highly valued company in the world in any industry," Jonas said.

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Morgan Stanley says SpaceX's Starship may 'transform investor expectations' about space - CNBC

Cathie Wood Piled Up Another $994K In This Company Linked With Elon Musk’s SpaceX On Friday – Benzinga – Benzinga

Cathie Wood-led Ark Investment Management on Friday bought 126,360 shares estimated to be worth about $994,453 in Velo3D Inc (NYSE:VLD), on the dip.

Shares of the 3D company, which went public last month via a merger with special purpose acquisition company Jaws Spitfire Acquisition Corp, closed 1.75% lower at $7.87 on Friday.

The Ark Autonomous Technology & Robotics ETF (BATS:ARKQ) bought the shares in Velo3D, a 3D printer supplier for SpaceX. Besides ARKQ, the Ark Space Exploration & Innovation ETF (BATS:ARKX) also owns shares in Velo3D.

Together the two ETFs held 4.41 million shares, worth $35.39 million, in Velo3D ahead of Friday's trade.

SpaceX is a space exploration company led byTesla Inc (NASDAQ:TSLA) CEO Elon Musk.

See Also: Cathie Wood Just Bought Another $402K In This Supplier Of Elon Musk-Led SpaceX

Here are a few of the other key trades for Ark on Friday:

Bought 48,448 shares estimated to be worth $6.55 million in Teladoc Health Inc (NYSE:TDOC). Shares of the telemedicine healthcare company closed 1.08% lower at $135.40 a share on Friday.

Sold 153,997 shares estimated to be worth $6.75 million in NanoString Technologies Inc (NASDAQ:NSTG). Shares of the biotech company closed 1.42% lower at $43.82 a share on Friday.

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Cathie Wood Piled Up Another $994K In This Company Linked With Elon Musk's SpaceX On Friday - Benzinga - Benzinga

Its not the heat, its the humidity that grounded Boeings Starliner – Ars Technica

Enlarge / The Boeing Starliner spacecraft to be flown on Orbital Flight Test-2 is seen at NASAs Kennedy Space Center in Florida on June 2, 2021.

NASA

NASA and Boeing officials said Tuesday that they have successfully removed two valves from the Starliner spacecraft and have shipped them to Marshall Space Flight Center in Alabama for further analysis.

The forensic examinationthe two valves will be inspected with a variety of techniques, including a CT scanis part of Boeing's ongoing effort to diagnose the "stuck" valve issue that caused an abort of Starliner's uncrewed test flight on August 3. With less than five hours remaining in the countdown to launch, during a routine procedure, 13 of the 24 valves that control the flow of dinitrogen tetroxide oxidizer through the service module of the spacecraft would not cycle between closed and open.

An initial diagnostic effort at the launch pad yielded no results, so the Atlas V rocket and spacecraft were rolled back to an integration facility. After more inspection and testing there, engineers decided to "de-stack" the spacecraft and return it to Boeing's spacecraft processing building at Kennedy Space Center. This eventually led to further dissection of the vehicle and removal of several valves.

Boeing's chief engineer for space and launch, Michelle Parker, said during a news conference with reporters Tuesday that the company has a pretty solid hypothesis for what went wrong. At some point during the 46-day period when the vehicle was fueledand when the valves were found to be stuckhumidity must have gotten into the spacecraft. This moisture combined with the oxidizer and created nitric acid, beginning the process of corrosion.

Parker said dew points at the launch site were high in August, and while the vehicle was designed to operate in Florida's humidity, there is physical evidence that humidity is nonetheless the culprit. Boeing and NASA engineers now want to try to recreate the corrosive reaction in similar test conditions so that they can be confident of the root cause and any countermeasures they implement.

The company and NASA will press ahead with work in Florida, Alabama, and at Boeing's test site in White Sands, New Mexico. All of this will take time, acknowledged Boeing's program manager for commercial crew, John Vollmer. He said Boeing is now targeting the "first half" of 2022 for the uncrewed test flight of Starliner. (One source told Ars the "no earlier than" date is May 2022).

This mission is formally named Orbital Flight Test-2, or OFT-2. The company is flying OFT-2at its own expense, $410 million, following an uncrewed Starliner mission in December 2019 that went awry due to software issues. The company's technicians and engineers worked long and hard after the OFT-1 flight to fix the software, only to have these new hardware problems crop up during launch-day checks on the pad in early August.

NASA is hoping that Boeing can get Starliner up and flying so that it can have a second launch system, alongside SpaceX's Crew Dragon vehicle, to get its astronauts to and from the International Space Station. Assuming that Boeing safely completes OFT-2, Vollmer said the company and NASA would like to have about six months to review data and prepare for a crewed test flight. That would put the earliest possible launch date for Starliner's first mission carrying astronauts toward the end of 2022. More realistically, the mission may not fly until early 2023.

After this flight, NASA will certify that Starliner is ready for regular, operational astronaut flights.

As part of its commercial crew program, NASA ordered six "post-certification" missions from SpaceX and Boeing. SpaceX successfully completed its demonstration crewed mission in 2020 and is set to launch its third certified crew mission, Crew-3, to the International Space Station on October 31. A fourth and fifth mission are scheduled to follow in 2022.

During Tuesday's news conference, NASA's commercial crew program manager, Steve Stich, said the agency is negotiating additional flights for SpaceXand possibly Boeing. He said details about those contract extensions could be announced within the next few months. Given the issues discussed Tuesday, It now seems possible that SpaceX could complete its initial six-mission contract before Boeing flies its first certified mission. But Stich is confident that Boeing will get there.

"I have no reason to believe that Boeing wont be successful in getting Starliner operational," Stich said. "We'll get this problem solved, and then we'll have two space transportation systems like we want."

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Its not the heat, its the humidity that grounded Boeings Starliner - Ars Technica

Supporters and opponents of SpaceX launch site air their concerns – Ars Technica

Enlarge / Rendering of SpaceX's Boca Chica launch site with FAA annotations.

FAA

The Federal Aviation Administration convened the first of two virtual public hearings on Monday evening to solicit public comments on SpaceX's plan to launch its Starship rocket from South Texas.

The hearing, which lasted nearly four hours, drew passionate support for SpaceX's plans to expand its Starbase facility as well as heated opposition. Limited to comments of threeminutes or less, nearly five dozen people spoke during the hearing over Zoom.

By my informal counting, the comments tallied 39 in favor of the project and 18 against. The comments in favor of SpaceX were more likely to come from out of state, from people generally appreciative of the company's efforts to make humanity a "multiplanetary species." However, there were plenty of local supporters as well.

Most of those who spoke against the project said they lived near Brownsville, or in the state of Texas. They cited a mix of environmental concerns, including wildlife habitat destruction, and impacts on the South Texas community, such as gentrification.

Several proponents of SpaceX said they had grown up near Cape Canaveral, in Florida, or other launch sites around the planet and had not seen environmental degradation in the vicinity. Rohan Joseph, who identified himself as an aerospace engineer, "lifelong environmentalist," and birder, cited the protection of sea turtles at launch sites in India as an example of the positive effects of a launch site on an area.

He also wondered why SpaceX appeared to be receiving so much scrutiny for its launch site when there was a former oil drilling site in the vicinity, or, if the environment was so pristine, why nearby South Padre Island had been allowed to be built up. "If SpaceX were an oil exploration company, there would be no questions asked," Joseph said.

A number of supporters also cited the project's ability to inspire a new generation of Texans. Gail Afar, a registered nurse in Texas, works with children in schools, and she said their eyes light up when the topic of SpaceX is raised.

Austin Barnard, who said he has lived in Brownsville his entire life, recalled growing up in South Texas without any sense of hope for the future. "The community is now embracing the idea that there is a new dawn for humanity," Barnard said. "I find it awe-inspiring and beautiful."

A city commissioner from Brownsville, Jessica Tetreau-Kalifa, noted that before SpaceX's decision to move to South Texas in 2013, the area was "the poorest community in the United States." By coming to the region, she said, SpaceX has changed everything, from the perception of the region to its economic outlook. The company now employs more than 2,000 people locally, she said.

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Supporters and opponents of SpaceX launch site air their concerns - Ars Technica

Ex-SpaceX engineers are working on portable nuclear reactors that can power over 1,000 homes – Business Insider India

The startup Radiant was founded by ex-SpaceX engineers who recently secured funding of $1.2 million to develop these portable nuclear reactors. Radiants nuclear reactors can deliver over 1 MegaWatt of electricity and they can operate for up to eight years. This makes it possible for one reactor to power over 1,000 homes.

Whats different with these nuclear reactorsThe nuclear reactors developed by Radiant use helium instead of water for cooling. This method, according to the company greatly reduces corrosion, boiling and contamination risks. The particle fuel used in these reactors does not melt according to Radiant and is also said to be capable of handling higher temperatures than traditional nuclear fuels. The company is also working around ways to refuel the reactors and also efficiently transport heat out of the reactor core.

Small nuclear reactorsSmall nuclear reactors are being developed by several countries including NASA who is making one the size of a garbage can. According to the World Nuclear Association, small nuclear reactors are convenient as they can be efficiently built in a controlled factory. Their small size and safety features also make it possible for them to be lent to countries with smaller grids. It can also help with easier financing as compared to larger nuclear plants.

SEE ALSO:

Apple MacBook Pro and AirPods 3 launched Indian pricing, features and everything you need to know

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Ex-SpaceX engineers are working on portable nuclear reactors that can power over 1,000 homes - Business Insider India

What is the dark web? – fox4kc.com

SPRINGFIELD, Mo. Its sometimes called the underbelly of the internet. The dark web.It is made up of a series of websites hidden from the general public, yet accessible to anyone across the world.

For those whove studied its secrets, the dark web can be a place where criminal activity can go on without the eyes of the law watching.

Dr. Shannon McMurtrey, a professor of cyber security at Drury University, says the dark web serves different purposes depending on where you live.

In a lot of countries where free speech is limited and the censorship is heavy, the dark web is a way for people to get access to information without the worry of censorship, says McMurtrey. However, If you live in a country that has an open, free internet and you can just get online and search for whatever you want, there tends to be more criminal activity that takes place on the dark web.

The dark web was originally created by the U.S. Naval Research Laboratory to ensure operatives could communicate with each other without being tracked.

The U.S. Naval Research Laboratory open-sourced the software for whats now the dark web in 2004. Its been managed by a non-profit called the Tor Project in Massachusetts. McMurtrey says it gained popularity in the U.S. due to the dark web allowing criminals to buy, sell and trade without law enforcement watching.

Passwords, credit card numbers, social security numbers, its all available online. Certainly, the drug trade is what made it famous, when the Silk Road was taken down that was probably when it came on the radar for most people.

The dark web can be accessed through a specific browser called Onion browser or Tor Browser. McMurtrey says its similar to the Google Chrome and Firefox browsers we use every day, only this one is able to access sites you wouldnt find on the surface of the internet.

McMurtrey says a majority of the dark web is innocent citizens from other countries looking for ways to access an everyday website that are blocked by their governments firewall.

However, he says the minority of the dark webs content can be traumatizing for some people.

Theres no end to human depravity, thats one thing that history has taught us and unfortunately the dark web is a magnet for human depravity. Certainly, there are marketplaces on the web for things that are stomach-turning and theres a lot of things that are sold on the dark web online that shouldnt be.

When using the dark web, your computers location cannot be tracked, but McMurtrey says there may be some government agencies sophisticated enough to be capable of tracking your entry and exit points from the Tor browser.

Someone with sufficient resources might be able to time and track traffic that goes into the dark web and comes out of the dark web and draw some conclusions about where that person might be. So, I wouldnt say conclusively that you can be tracked, but I certainly would encourage people to have good intentions when they use the technology.

While McMurtrey says the dark web can be a useful tool to access information or discuss topics with privacy, he says theres little reason a typical U.S. citizen would need to use it.

There are things that you just dont want to see, you dont want to be a part of and you can stumble across it without necessarily trying so when you start digging into those websites that you cant get to with a normal web browser, you dont know whats going to be there until the page loads, and theres no reason to do that.

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What is the dark web? - fox4kc.com

Use of VPNs in India spiking because of blocked websites, experts say ban proposal will not help users – India Today

Indians are familiar with sharing Netflix accounts. One account, four users. Now, the same Indians are looking to share the cost of virtual private networks (VPNs) as increasingly they pay for VPN accounts. The reasons are several. There are thousands of websites that are now banned in India, using opaque and official or unofficial means. To access many of these websites, Indian users are now turning to VPNs. Then, there is the safety and surveillance aspect. As cybercrimes, identity thefts and the risks of surveillance grow in India, users are turning to VPNs.

Here is a number: According to data extracted from Google Play Store and Apple App Store using Sensor Tower service, India ranked fourth among 85 countries in the VPN penetration rate for the first half of 2021. India's VPN installation penetration went up from only 3.28 per cent population in 2020 to 25.27 per cent in the first six months of 2021.

But beyond the numbers, there are stories. A group of friends was looking for a fourth member to share their Virtual Private Network (VPN) account with. Even before I could say yes to my part of the contribution, they had found someone else.

Though soon, another friend approached with a similar proposal, asking me if I wanted to share an account with her. That is just how popular and useful VPNs are now deemed in India. While a lot of VPN use is to access streaming content that is geographically locked out of India, that's not the only reason why Indians are now using VPNs.

A tech enthusiast, on the condition of anonymity, says that user information can be stolen even from poorly configured private WiFi, let alone public WiFi, which is next level insecure. Because the data travelling through VPN is encrypted, it helps during banking transactions as it cannot be snooped from unsecured websites from internet connections. Now that there is talk of banning VPNs in India, there is a fear among users that it would lead to inconvenience. At the same time, experts say that banning VPNs is no solution because there are many more different methods that cybercriminals for their activities. Last month, the Parliamentary Standing Committee on Home Affairs noted that the use of VPNs should be banned in India. Here is how a VPN works.

A VPN user says that the ban proposal is ridiculous. "Today they want to block VPNs citing crime, next they would want to disable password protection on phones as criminals use passwords on their phones to hide evidence," says the person.

Experts say that there is a legitimate use of VPNs. "I use VPN for privacy reasons. A friend told me that out of many other issues, using the public internet is dangerous without VPNs. So when I go to an airport or a cafe and use the net, I like to feel secure. And again, privacy is very important to me. The service providers and these corporate conglomerates already know too much about me than I am comfortable with," says Mritunjay Rathore, who started using VPNs a while ago.

Karan Saini, an ethical hacker, notes that VPNs allow people to access the uncensored internet. He says that a sizeable number of websites are blocked in India -- over 4000 -- without regard to their content, whether pornographic, scientific, cultural, or anything else. He says that the ability of Indian internet users to browse the web freely is decisively fettered and will continue to be in the foreseeable future.

"Considering that, banning one of the ways in which users circumvent censorship should be considered extremely harmful for the ecosystem of the internet in India and quality of life in the country in general," says Saini.

Saini is a big believer in VPNs and their ability to protect user information. He says users should use VPN services (they don't necessarily have to be commercial VPN services), even if they have nothing to hide. "A ban on VPN services will hamper democratic freedoms enjoyed by Indians, and which are furthered by the internet," says Saini.

Who is likely to get affected the most by the VPN ban, and will it help stop cybercrime? Experts say that a ban will create hassles for users, without impacting cybercriminals.

"If there is a ban on VPN, the biggest challenge will be faced by internet companies or big corporations as they use it the most to tackle various attacks," says cyber security researcher Rajashekhar Rajaharia. "Most ethical hackers and cyber security researchers also use VPN because they do not want their IPs to be tracked."

But how bad can banning VPNs get? Rajaharia says it will not make much of a difference to cybercriminals as they will continue to use the TOR browser which is near impossible to ban or block. "VPN can be tracked but TOR cannot be tracked, which makes TOR a bigger challenge. While VPN or proxies are used by big companies, TOR is used by hackers, so the authorities cannot entirely stop hackers or spammers from carrying out their activity," he says.

Akshay Pednekar, a Mumbai-based cyber security analyst, says that if the government is thinking of banning something, it should aim at TOR and not VPNs. "TOR was built to access the internet," he says, adding that this feature of TOR has resulted in an ecosystem of the deep web where a lot of illegal activities going on. Banning VPNs is unlikely to offer any solution, he suggests.

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Use of VPNs in India spiking because of blocked websites, experts say ban proposal will not help users - India Today

When it comes to financial independence, be a hawk – Morningstar India

Everyone wants to be financially independent, but few are acutely aware of what it means to them, and the principles that need to be followed to achieve it. InvestorIan Casselhas some amazing insights that can lay the foundation for a roadmap.

Dont be afraid to say no to 99.9% of investment opportunities. You only need to find one great company, before others, to change your life. Extraordinary returns follow extraordinary discipline. An investors goal should always be to make as few investment decisions as possible. Keep your hurdle rate high and embrace inaction.

Chickens will eat anything you put in front of them. They will eat insects, bugs, meat, fruit, vegetables, fish, and, yes, even chicken. They have no self-control and will even eat their own eggs and faeces.

A hawk can see up to 8x more clearly than the sharpest human eye. To put in comparison, if you had a hawks vision you could see an ant on the ground from on top a 10-storey building. A hawks eye is so large that it occupies a big portion of its skull. The hawk knows what its looking for.

The visual capabilities let the hawk distinguish the size, shape, and speed of the potential prey so it can recognize, target, and capture it quickly. As you fly above the investment landscape looking for opportunities, develop tools, strategies, even statements, that you can apply quickly to evaluate opportunities. Know what you are looking for so you can develop the vision to recognize an opportunity quicker.

8 insights on getting wealthy

No one gets rich keeping their money in a savings bank account. For me, the advantage was microcap stocks, the smallest public companies in the world. For you, it might be another area of the public markets or maybe even real estate, or some other area of expertise. Through skill and prudence, you get to a point where you finally have a choice.

There is a reason why I exclusively invest in the microcap arena. Its one of the only places in the public markets where a small, astute investor has a clear structural advantage. It is impossible for larger institutions to invest in these small companies until these stocks rise and become more liquid. Great investors dont follow the institutions; they invest where they are going to go. (Did you know that Warren Buffett, Peter Lynch, and many other great investors started in micro and small cap stocks as well?)

Individual investors have an edge over investment managers, advisers, analysts, or anyone forced to prove how smart they are to others. You dont need to have an opinion on everything. You dont have distractions. All you have to do is focus on making a few good investment decisions per year.

3 investment hacks for young people

On my 16th birthday, my parents presented me with $20,000. It could be for my college education. They had also co-signed paperwork so that I could open an account with their financial adviser. The choice was mine.

I had always been interested in money and the stock market. Technology stocks were starting to make daily headlines in the business section of newspapers. I called the financial adviser and he sent me a few analyst reports to review. I bought $5,000 worth of one technology stock. It doubled in two months.

I filled out applications to a few private and public colleges. I realised I could spend all my money on one semester at a private college or attend a less expensive public university, live at home and commute, work part time, and continue to invest. I chose the latter path.

I worked part time for a financial adviser with over 1,000 clients. The money I earned was sufficient to pay for my college tuition. The $20,000 from my parents turned into $120,000 by riding the technology bubble. When the bubble burst, so did my portfolio.By 2001, my portfolio of mid and small cap technology companies fell so much they turned into microcaps. The $120,000 was now $8,000. I was financially and emotionally bruised.

It dawned on me that I was not skilled, just plain lucky.

When you are holding onto a position ask yourself Is this business growing and making more money per share than it did a year ago, two years ago? Successful investors can differentiate business performance from stock performance and can take advantage of those investors who cant. Even great businesses get overvalued. Its important to make investing decisions based on business performance, not stock performance. Its also important to know the distinction between external stock market forces driving a stock price versus business reasons.

Learning and evolving is a big driver of long-term success as a full-time private investor.

How to combat these 6 investing demons

A lot of people incorrectly assume that they need enough money to do nothing. You just need enough to do whatever you want. The power is having a choice. The choice might be to work less to spend more time with family, to go back to university, to start your own business, to travel, or perhaps even take a job that pays you less but gives you purpose when you wake up in the morning.

One of my mentors is a successful private investor. He works his day job not because he has to, but because he likes it. His non-financial job offers him lots of autonomy, so he can focus on his investing when he needs to. His job also shields him from questions from family and friends if he were to quit his job and retire. What most dont know about him is he has grown his portfolio from $100,000 to over $50 million over 20 years. You would never know it. He still lives in the same house, still has the same friends, still has the same life. One of his biggest worries is people finding out what hes done and looking at him differently.

As you grow your capital you will reach a pivot point when you feel you finally have a choice to do what you want in life. Some of you will choose to keep your day jobs because you love them. But some of you will choose to finally break free from a job and routine that have been holding you back.

6 questions that will get you excited about saving

Larissa Fernand is Senior Editor at Morningstar India. You can follow her onTwitter.

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When it comes to financial independence, be a hawk - Morningstar India

Bangor Savings Bank partners with Maine on novel benefits program – WMTW Portland

MORE AFFORDABLE- -BY MAKING THEM AVAILABLE AT MORE RETAILERS AND ONLIN E. A NEW LEVEL OF INDEPENDENCE FOR PEOPLE LINGVI WITH DISABILITES IN MAINE- THANKS TO A NEW TYPE OF BANKING SERVICE FROM BANGOR SAVINGS BANK. IT WORKS LIKE A CHECKING ACCOUNT, WITH ACCESSO T CHECKS AND A DEBIT CARD -- THE FEDERAL PROGRAM IS DESIGNED FOR SAVING AND LONGER TERM INVESTMENTS. BUT NOW, MAINERS WITH DISABILITIES HAVE MORE FREEDOM AND ACCESS TO MAKE DAY ILFINANCIAL DECISIONS. THIS GIVES FOLKS RECEIVING DISABILITY BENEFITS ALL OF THE ABILITY TO BOTH SAVE F OR THEIR FUTURE AND ALSO TO SPEND SOME OF THE MONEY THAT THEY'RE SAVING ON QUALIFIED BENEFITS. IN PARTNERSHIP WITH E TH STATE, OFFICIALS S

Bangor Savings Bank partners with Maine on novel benefits program

Updated: 4:15 PM EDT Oct 19, 2021

Bangor Savings Bank is launching a first-of-its-kind product in partnership with Maine State Treasurer, Maine ABLE Benefit CheckingSM, created for people with disabilities. The account allows greater accessibility for financial products and services, while also protecting eligibility for federal and state of Maine means-tested benefits, announced Bangor Savings Bank. A $2,000 limit in resources for individuals receiving benefits like Supplemental Security Income or Social Security Disability Insurance has been the norm until now. The account, available to all qualifying Maine residents, can be opened at any Bangor Savings Bank branch.Being the first such program in the country, ABLE Accounts offer a unique public-private collaboration, Bob Montgomery-Rice, president and CEO of Bangor Savings Bank, said. "Creating and offering this program supports the financial independence and well-being of Maine's residents with disabilities and reflects our ongoing commitment to provide better banking experiences for all community members," Montgomery-Rice said. ABLE Accounts will give opportunities for "financial health, planning and empowerment" to individuals with disabilities and their families.Originating from the Federal ABLE Act, created in 2014, ABLE accounts are established and managed at the state level, overseen by the Office of the Maine State Treasurer.

Bangor Savings Bank is launching a first-of-its-kind product in partnership with Maine State Treasurer, Maine ABLE Benefit CheckingSM, created for people with disabilities.

The account allows greater accessibility for financial products and services, while also protecting eligibility for federal and state of Maine means-tested benefits, announced Bangor Savings Bank.

A $2,000 limit in resources for individuals receiving benefits like Supplemental Security Income or Social Security Disability Insurance has been the norm until now.

The account, available to all qualifying Maine residents, can be opened at any Bangor Savings Bank branch.

Being the first such program in the country, ABLE Accounts offer a unique public-private collaboration, Bob Montgomery-Rice, president and CEO of Bangor Savings Bank, said.

"Creating and offering this program supports the financial independence and well-being of Maine's residents with disabilities and reflects our ongoing commitment to provide better banking experiences for all community members," Montgomery-Rice said.

ABLE Accounts will give opportunities for "financial health, planning and empowerment" to individuals with disabilities and their families.

Originating from the Federal ABLE Act, created in 2014, ABLE accounts are established and managed at the state level, overseen by the Office of the Maine State Treasurer.

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Bangor Savings Bank partners with Maine on novel benefits program - WMTW Portland

1-In-3 Canadian Parents Surveyed Aren’t Confident They’re Setting a Healthy Financial Example for Their Kids – Yahoo Finance

The 2021 TD Financial Literacy Month Survey Reveals:

33% of Canadian parents surveyed aren't confident they're setting a healthy financial example for their children.

10% of Canadian parents surveyed consider their household to be in "excellent financial health."

45% of Canadian parents surveyed don't have a household budget.

TORONTO, Oct. 19, 2021 /CNW/ - A recent September 2021 Ipsos survey conducted on behalf of The Toronto-Dominion Bank (TD) ahead of Financial Literacy Month in Canada, reveals that one-third (33%) of Canadian parents surveyed aren't confident they're setting a healthy financial example for their children. The survey also reveals that only 29 per cent of Canadian parents surveyed consider their household to be in "excellent" or "good" financial health" which includes the ability to pay bills on time, carry manageable debt, have short and long-term savings, and a financial plan.

TD Bank Group Logo (CNW Group/TD Bank Group)

"Parents can be the biggest influence on their child's financial know-how, yet our survey shows many aren't sure about the kind of example they set for their kids when it comes to money management," says Jennifer Bishop, Head of Financial Health & Education at TD. "Asking for help when it comes to managing and talking about money can be an important step towards improving financial health. Speaking to a financial advisor can help a parent be better prepared to have the "money talk" with their children and support the development of healthy financial habits."

Bad Budgeting HabitsHaving and maintaining a budget is a fundamental behavior to achieving good financial health, yet the TD survey reveals that nearly half (45%) of Canadian parents surveyed say they do not set a household budget. Setting a budget now can help set the stage for responsible financial behaviours in the future, especially for older teenagers who are looking to leave the nest and are taking on their own financial obligations like saving for post-secondary education or making their monthly cell phone or car payments. That way, before this age group flies the coop, they will understand the benefits of putting in the effort to create a detailed budget.

Story continues

According to the TD study, of the parents surveyed that do have a household budget, only one-in-four parents (25%) believe they take a thorough approach to their financial planning - indicating most households aren't planning for the unexpected.

"If the pandemic has taught us anything, it's how important it is to have a household budget that includes setting aside funds for emergencies," says Bishop. "The unpredictability of the pandemic has shown us that it's important to plan for the unexpected. It is also a good opportunity to start the money conversation with our children, as it can foster healthy approaches to budgeting for parents and financial independence for children."

Wants vs NeedsAn allowance is a great tool to help younger children for example those under 13 - understand the concept of money and budgeting. According to the TD survey, nearly a quarter of parents surveyed give their children an allowance for completing household chores (21%) or as a reward for good behaviour (5%).

When it comes to parents with kids aged five and up, 28 per cent of survey respondents say their child does not know the difference between a want and need. "Kids will often see something, like candy at a check-out, and want it immediately," says Bishop. "These are good moments to teach kids the concept of needs versus wants, and that money is finite. If we buy the chocolate bar now, we won't have enough money to buy that toy you really want."

When to have the "money talk" When it comes to having the money talk, the TD survey reveals a lack of consensus on timing. One quarter (25%) of Canadian parents surveyed don't regularly talk to their children about money, with the primary reason being that they feel their child is too young. Other reasons for not talking about how to manage money include not believing it's an important topic for kids or not something they need to worry about (12%), because they'll learn about finances in school (11%), or because it's a taboo topic that shouldn't be discussed with anyone (4%).

The survey also reveals that conversations about finances between parents and kids are often reactive. Among surveyed Canadian parents, the most common catalyst for these conversations is their child receiving money as a gift (27%), when the child shows interest or asks questions (20%) and when they start getting an allowance (19%).

"It's never too early to have fun, creative and open conversations about money with your kids. From counting coins in a piggy bank to opening-up a first bank account and looking at the account activity together, there are many ways to involve kids in managing their finances," says Bishop. "Financial education is critical, and when children learn to manage money at a young age, they are more likely to have a long-lasting responsible and healthy relationship with money as adults."

Building Financial ConfidenceAs a long-time advocate and supporter of financial education, TD has several sources of information available as follows:

TD Ready Advice provides information and articles on a variety of financial topics, from how to keep track of day-to-day expenses to how to navigate the first-time homebuying process.

TD advisors are available at our TD branches across the country to help provide personalized advice and help customers with their financial goals.

Learn more about how we are supporting Financial Education in communities across Canada and the United States by visiting The TD Ready Commitment Financial Literacy page.

TD recently announced a CDN $10 million commitment to the Black Opportunity Fund, where part of the funds will go to Black-serving community and non-profit organizations focused on areas of financial security.

About the StudyTD Bank Group commissioned Ipsos to conduct a national online survey of 1,000 Canadian parents aged 18+ with kids under 18 in the house. This poll was conducted between September 17 and 22, 2021.

About TD Bank Group The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group ("TD" or the "Bank"). TD is the fifth largest bank in North America by assets and serves more than 26 million customers in three key businesses operating in a number of locations in financial centres around the globe: Canadian Retail, including TD Canada Trust, TD Auto Finance Canada, TD Wealth (Canada), TD Direct Investing, and TD Insurance; U.S. Retail, including TD Bank, America's Most Convenient Bank, TD Auto Finance U.S., TD Wealth (U.S.), and an investment in The Charles Schwab Corporation; and Wholesale Banking, including TD Securities. TD also ranks among the world's leading online financial services firms, with more than 15 million active online and mobile customers. TD had CDN$1.7 trillion in assets on July 31, 2021. The Toronto-Dominion Bank trades under the symbol "TD" on the Toronto and New York Stock Exchanges.

SOURCE TD Bank Group

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1-In-3 Canadian Parents Surveyed Aren't Confident They're Setting a Healthy Financial Example for Their Kids - Yahoo Finance

Asante closes first tranche of $7.5m Series A funding to bridge the gap in MSME lending in Africa – Finextra

Asante Financial Services Group (Asante) announces $7.5 million Series A investment anchored by Goodwell Investments with participation by other investors including Sorenson Impact Foundation and Forsage Holdings.

We are delighted to welcomeour new investors including Goodwell, Sorenson andForsagein our inaugural institutional fundraise. Together, we will advance access to finance, and financial independence and wellbeing for the millions of small businesses on the continent, said Chidi Okpala, Founding CEO of Asante.

MSMEs have a significant impact on the economies of most countries, especially emerging markets, representing 90% of all businesses, 66% of all jobs created and 50% of the worlds GDP. Yet according to the World Bank, the annual SME credit gap in Sub Saharan Africa is about US$330 million. MSMEs are often neglected by lenders due to a combination of factors. These include the high cost of customer acquisition and due diligence, insufficient data availability for accurate credit assessments, lack of collaterals, uncertain customer lifetime values, and the high costs of distribution and servicing.There is a large opportunity for lenders who are able to overcome these challenges.

Asante differentiates itself with its ecosystem-based digital lending platform that uses alternative data and a proprietary AI loan decisioning management system to approve loans to MSMEs. The company works directly with ecosystem channel partners to collectconventional and non-conventionalMSME data, with the prior consent of the clients. Its channel partners include Africas largest telcos, mobile-based marketplaces, airlines, retailers, payment processors, insurance companies, smartphone phone OEMs and large FMCGs. This significantly reduces the cost of customer acquisition and due diligence, while providing sufficient alternative data for credit underwriting.

As a result, Asante is in a strong position to address the credit gap and accelerate its rollout. Asante has executed over 16 strategic corporate channel partnerships, giving Asante direct access to 2m MSMEs with a monthly lending opportunity in excess of US$200 million.

With over650% growth in lendingactivitiessince Q1 2021 and a sustained average all-in default rate of 2.5%, Asante is well-positioned to fast track scaleand deepen our impact in our operating markets. Our bold post-COVID response is helping small businesses recover, reconstruct and reposition for growth while ensuring that thousands of jobs are safeguarded. We look forward to a round extension very early in the new year to support the solid growth momentum, notes Okpala.

MSMEsparticularly those in the informal sectorare being held back by a lack of responsible lending from traditional financial services providers who are unable to run accurate credit checks and offer profitable loans to this segment of the market. Asante has solved these problems through its innovative digital platform and ecosystem approach. The companys success to date is proof that the model works, and we are very confident that the business will scale quickly and successfully with this round of funding, explains Bitta Wycliffe, Senior Investment Associate atGoodwellInvestments.

This is the 20th investment byGoodwellInvestmentsuMunthufund, of which 50% is invested in financial inclusion. Asante is a perfect fit and a great addition to our portfolio of other socially responsible financial services providers.

Asante is a strategic partner of Mastercard for digital lending in Africa and the only African fintech in a class of 6 scaling start-ups selected in May 2021 to join the award-winning Mastercard Start Path program. Asante is currently piloting its Business Lending Platform, to further extenditslending and other services to small business clients with essential tools like Business Financial Manager, Management Toolkit and Tax Advisoryto assist them to operate more efficientlywhile infusing resilience into their operations. Via the platform, Asante will also be able to offer insurance, payments, and other products to its clients.

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Asante closes first tranche of $7.5m Series A funding to bridge the gap in MSME lending in Africa - Finextra

HCL Technologies to onboard 2,600 students in Vietnam in five years – Mint

BENGALURU: HCL Technologies Ltd has launched its TechBee early career programme in Vietnam with plans to onboard 2,600 candidates in the next five years, starting in 2021.

Designed exclusively for high-school graduates, the TechBee programme prepares students technically and professionally for global IT careers in HCL, where candidates undergo an extensive 12-month training to become successful IT professionals and work for global companies.

HCL Vietnam strives to foster growth and train the nations talent pool in collaboration with high schools and local ICT (information and communications technology) and engineering institutions. Any local student who has successfully completed high school and holds a high school graduation certificate or its equivalent, can apply for the TechBee programme. Enrolment in the programme will take place through an entrance test," the company said in a statement.

After the successful completion of the 12-month training programme, the candidates will join HCL Vietnam and will be paid salary equivalent to the job roles.

Vietnam has great market potential and talent pool for global technology companies to harness," said Sanjay Gupta, corporate vice president, HCL Technologies. The programme will give students an early start in high-tech career roles. With this program, HCL aims to hire the best talent from the country and give them financial independence early in their lives."

HCL started this programme in India in 2017 with an aim to hire the best talent and enable them to achieve financial independence. Running successfully in India, Australia and Sri Lanka, HCLs TechBee programme involves training selected candidates on high-tech niche technologies to make them job-ready early in their lives.

Till date, more than 3,000 students have completed the TechBee programme and now work with HCL. The Noida-based IT major began its business operations in Vietnam in July 2020. According to HCL, a key part of its business and development strategy in Vietnam is to provide the right skilling and platforms to train the local talent in high-tech domains and provide them with the requisite exposure of working on global assignments.

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Astra Protocol to Ensure Regulation For Blockchain, Crypto, and DeFi By CoinQuora – Investing.com

The world has seen the rise of blockchain-based platforms and virtual currencies. Astra Protocol says this teaches one valuable lesson that humans love to maintain control over their assets and everything else; that it is engraved in human nature. The COVID-19 outbreak also caused a shift to consumer behavior, which brought forth setbacks in global capital markets. If one can recall, the financial markets crashed drastically since the pandemic started. As a result, investors and average people looked for reliable ways to save their assets from crippling inflation.

This is how other cryptocurrencies aside from (BTC) rose take (ETH) and (SOL) for example. The astronomical increase of the prices of digital assets, as well as NFTs (non-fungible tokens), is evident today. However, important regulatory challenges are yet to be addressed.

Furthermore, decentralized projects (DeFi) have also emerged as a high-potential financial services sector. In detail, it aims to fully decentralize how people transact and carry out business activities. DeFi Prime data states that there are around 243 DeFi-related initiatives currently listed. Here, Ethereum takes up most of the market shares with 220 projects developed on top of the Ethereum platform.

The steady rise of crypto projects, moreover, has one key drawback according to Astra Protocol the lack of legal certainty and adequate measures to ensure consumer protection. Sure, crypto-asset ownership offers financial independence and well-being but it also comes with serious potential risks.

Crypto Regulations, Sanctions, and Other Compliance Measures

Today, legacy systems have maintained a firm grip on how consumers and businesses perform monetary transactions. Along with regulatory frameworks, the two oversee global currency exchange, loans for business, insurance services, and other business activities. These laws are supported by jurisdictional requirements, which makes them confined and limited to a single physical territory.

Because cryptocurrencies are permissionless and borderless, consumers are allowed to engage in cross-border transactions sometimes without relying on intermediaries to finalize transactions. The entire ecosystem of cryptocurrencies does not have strict regulations, sanctions, and other measures; which could somehow result in losing access to funds.

The rising popularity of DeFi adoption entails an increase in malicious hackers consequently along with damaging exploits and other types of illicit activities. This is one of the reasons why regulatory authorities are keen on regulating the nascent sector. Regulatory authorities have been working on taking disciplinary measures against projects that engage with financial crimes.

Providing a Robust Peace of Mind Assurance Layer

DeFi is considered a very high-risk industry for big companies. There are inadequate measures in place to ensure that consumers are protected from abusive activities. Hence, what the nascent sector needs is a high level of trust and robust peace of mind assurance layer this can bridge the gap between the crypto industry to the broader financial sector.

This is where Astra Protocol comes in.

According to Astra Protocol, the team aims to add an on-chain layer of assurance and safety. They explained, smart contracts which automate business logic in a decentralized manner, are now the key aspect of almost all decentralized blockchain platforms.

To clarify, smart contracts are key components in any decentralized system like DeFi. It helps in establishing trust in a safe investment. However, it is yet to have a regulator or an oversight function for monitoring decentralized protocols that effectively eliminate doubt, potential fraud, and a proper dispute resolution system. All these features, moreover, would make a way to have public, permissionless, blockchains for everyone this is exactly what Astra Protocol wants to give.

The Astra Protocol team further stated that they,

Here, the team also noted that the funds will arrive safely at their promised destination because of ASTRA. To add on, the protocol can also quickly address problems and return the money with minimal friction if and only if there is a mishap.

Astra Protocol offers an innovative, on-chain dispute resolution system by adding a legal assurance layer to blockchain-based smart contracts. The explained that before a transfer is finalized, the parties have to agree to work with Astra protocol hence, making it a default mechanism in handling any conflict. This protocol indeed leverages human expertise and the latest tech to secure all transfers.

Moreover, by integrating a dispute resolution clause on a platform, along with smart contracts, often dubbed as Proof of Trust, projects will be able to manage disagreements amicably.

The emergence of new forms of money is expected to create challenges. In fact, this is a natural part of the adoption and transition phase. With Astra Protocol, decentralized companies will be able to adhere to regulations that are outlined by the U.S. SEC and other regulatory authorities worldwide.

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Astra Protocol to Ensure Regulation For Blockchain, Crypto, and DeFi By CoinQuora - Investing.com

Joe Manchin’s ‘blind trust’ is an utter farce | Will Bunch Newsletter – The Philadelphia Inquirer

A popular leader whose words are followed closely by millions of American voters just unveiled a political platform out there in left field with Bernie and AOC: Universal basic income, a shorter work day, a Big Tech crackdown on hate speech, curbs on the global arms trade and deep cuts in pollution. Unfortunately for Democrats, Pope Francis is constitutionally barred from seeking the White House.

Did someone forward you this email? Sign up to receive this newsletter weekly at inquirer.com/bunch, and youll get politics without the infallibility.

America has learned a lot in 2021 about West Virginia Democratic Sen. Joe Manchin and the things he doesnt like, as he positions himself as the decider on what legislation can or cant through the Congress. Hes not a big fan of what he calls the entitlement society apparently any government action that benefits working folks instead of those who float on or near the senators luxury houseboat or anyone bad-mouthing fossil fuels. But what the most conservative Democrat on Capitol Hill really hates is people asking him about his money.

In late September, Manchin snapped at a Bloomberg reporter, Ari Natter, who asked about the annual dividend checks the lawmaker still collects from a coal company now run by his son. Ive been in a blind trust for 20 years, Manchin insisted. I have no idea what theyre doing. When Natter continued to press about the millions Manchin has received from Enersystems, Manchin angrily asked, You got a problem? and when Natter asked another question, Youd do best to change the subject.

Lets not, shall we? In fact, lets make Manchin and the conflict of interest that now threatens Planet Earth the main subject of todays newsletter.

After all, it was less than three weeks later that word leaked on Capitol Hill that Manchin knowing that President Bidens ambitious climate agenda cant pass the 50-50 Senate without his support is successfully blocking the critical $150 billion component to help utilities replace dirty fossil fuels, including coal, with clean energy. Experts say that without the program, the lynchpin of the White House climate strategy, the United States wont meet scientists timeline for reversing global warming.

So, yeah, we do have a problem, Senator Manchin. And part of the problem is this: When the senator says that his not-insignificant fortune is in a blind trust his robotic response, for more than a decade hes technically not lying. But Manchins wealth isnt in a blind trust in the sense that most people would understand that term. The senator knows that coal dollars are floating his boat. Like much of what passes for ethics in Congress, the whole thing is a farce. As any hardened investigative reporter would tell you, the corruption of Joe Manchin is the worst kind the legal kind.

Its a misnomer these are not blind trusts whatsoever, Craig Holman, the Capitol Hill lobbyist on ethics and related matters for the good-government group Public Citizen, told me on Monday. He added that Manchin is one walking conflict of interest.

There are several loopholes that a senator could steer a houseboat through. For one thing, despite Manchins sanctimonious answer, his money is not in a traditional blind trust in which all assets are liquidated and a manager invests the proceeds without the beneficiary knowing what stocks or funds that theyre buying. As Holman explained, members of Congress hold qualified blind trusts in order to comply with other financial disclosure rules so while an outside manager might be making investment decisions, a lawmaker often knows where his money sits.

READ MORE: Joe Manchin beats his chest for D.C. elites while struggling W. Va. waits for help | Will Bunch

It seems an assault on the English language to call Manchins coal stake a blind trust especially when the nations most prominent newspaper, the New York Times, reported in 2011 Sen. Manchin Maintains Lucrative Ties to Family-Owned Coal Company. Presumably Manchin noticed the name Enersystems or a second coal company, Farmington Resources, as he cashed their checks for $4.5 million since getting elected to the Senate.

And yet Senate rules have held over the years that lawmakers can not only retain their investments but dont have to recuse themselves from votes broadly affecting that industry only from very narrow legislation that would only affect their specific company (such as a federal contract specifically for Enersystems). The rationale is that a senator like Manchin should be able to vote on coal legislation since he represents mine owners and their employees back in West Virginia, but the sizable amount of Manchins income raises questions.

Virginia Canter, who was White House ethics counsel for presidents Barack Obama and Bill Clinton before becoming chief ethics counsel for Citizens for Responsibility and Ethics in Washington, or CREW, repeatedly used the word stunning when describing Manchins conflict of interest, noting that his coal income a reported $491,949 in 2020 is nearly triple his Senate salary of $174,000.

Canter said she fears that because of his blatant conflict, Manchin may not be able to see the forest for the trees and see whats in the best interest of his constituents, because the dollar signs have blinded him.

It doesnt have to be this way, of course. But currently Congress is such an ethical quagmire that the legislation seen as having the best chance of passing like the Ban Conflicted Trading Act, to prevent members and their staff from selling individual stocks while in office is the lower hanging fruit. A bill backed by the Project on Government Oversight, or POGO, that would address the Manchin problem head on by requiring elected representatives to liquidate their holdings into actual blind trusts or index funds is seen as having little support.

Its something of a clich to say that the Founders who drafted the Constitution here in Philadelphia didnt anticipate this or that, but, seriously, could James Madison or Alexander Hamilton ever have dreamed that humankinds industrial pollution would cause droughts, wildfires, or floods, or that one U.S. senator with a stunning conflict of interest could block any legislation to save civilization from that problem? Serving as a U.S. senator is a privilege, not a right. Anyone seeking the job must be required to sacrifice a bit of their (financial) independence to guarantee that their greed wont threaten your independence, or mine.

Brian Eno said, most famously, that only about 5,000 people bought the first LP from The Velvet Underground the avant-garde 1960s Manhattan rock band godfathered by Andy Warhol and fronted by Lou Reed but that every one of them went out and started a band. Which makes it weird that the band never got a documentary worthy of their legend ... until now, streaming on Apple TV+. Acclaimed filmmaker Todd Haynes shuns the predictable MTV Behind the Music framing to instead tell The Velvet Underground story in the trippy, Warhol-like pop art style from which these rock and roll icons were spawned.

As anyone whos followed the last few years of climate protests particularly the 2016 fight against the Dakota Access pipeline at the Standing Rock Reservation knows, the moral power of Indigenous culture and politics is thriving in modern America. Which makes it hard to explain why the publics fascination with the Native American story tends to fall off after the Wounded Knee massacre in 1890, and the end of Americas frontier days. In The Heartbeat of Wounded Knee: Native America from 1890 to the Present, writer David Treuer fills in the gaps in the saga so deeply threaded through our national narrative, such as the American Indian Movement of the 1970s.

Question: Why does Pennsylvania stagger its elections for AG and governor? Via Ira Goldman (@KDbyProxy) on Twitter

Answer: I cant tell you exactly what Pennsylvanias Founders (and the subsequent tinkerers, such as those who, in 1968, began to allow two terms for governor instead of one) were thinking. But staggered elections are one of the best features in the Keystone States mixed bag of modern democracy. The ballot mix including state Supreme Court justices and big-city mayors in so-called off-year elections, and statewide row offices separated from the gubernatorial race has the laudable goal of encouraging citizens to stay engaged with annual voting. As for governor and attorney general, staggered races has meant the two officials are often (although not currently) from separate parties, or at least not ticket-mates. This promotes independence, which is always a good thing.

In a week where most of the American political chatter centered on the fate of President Bidens economic agenda or the extreme radicalization of the Republican Party, the biggest story of the 21st Century may have flown under the radar. I mean, literally. Im talking about the Financial Times report that China caught U.S. intelligence and the rest of the world off-guard by testing a hypersonic missile that is capable of carrying nuclear weapons and would be more difficult for Beijings would-be adversaries to intercept. (China denied the test, as one does.) Its no secret that China has ratcheted up its worst evil-world-domination tendencies, from Uighur concentration camps to crushing democracy in Hong Kong. But the scariest part is the Xi regimes aggressive posture toward Taiwan, the densely populated island survivor of Chinas 1949 political partition that the United States has, to quote Bruce Springsteen, a vow to defend.

READ MORE: Does Never Again! mean anything if we do nothing about Chinas concentration camps? | Will Bunch

As a child of the baby boom born in 1959, I arrived just 41 years after the end of World War I and 14 years after World War II. I grew up assuming there was a darn good chance Id see World War III in my lifetime. Instead, the accumulated decades of avoided global conflict have brought complacency ... perhaps too much? The rising authoritarianism and middle-class angst of the 1930s flowed into World War II, so how should we reconcile the similar developments of the 2010s and 20s? History isnt always fated to repeat, though. Global trade, for all its flaws, provides the Biden administration and our allies with ways to pressure Beijing economically before the first bomb, hypersonic or otherwise, drops. Similar to Europe in 1939, Chinas bad behavior cant be ignored. But at the end of the day, avoiding World War III at any cost needs to trump the foolishness of macho superpower posturing.

The protests after the May 2020 police murder of George Floyd in Minneapolis were nothing like the world has seen before, with estimates that as many as 17 million to 26 million people joined marches. And yet 17 months later, the changes wrought by those rallies havent measured up. There have been scattered local reforms, but the federal bill collapsed and were seeing a trend toward spending more on traditional policing, not less. In my Sunday column, I asked if the marches were too white, too educated, and too transient to bring real change.

The growing vibe surrounding 2021 is that the sense of hope that launched with President Bidens inauguration is dissipating. Thats in part because of the growing extremism of a Donald Trump cult on the right, and in part because the corruption of key Democrats is thwarting Washington from changing those bad dynamics. Over the weekend, I urged those who were energized during Trumps presidency to get back at it, in the off-year voting booth and in the streets, if need be.

The Inquirers tireless Samantha Melamed, who covers criminal injustice in a city overflowing with it, is one of the best beat reporters in America. Last week, she paid homage either to Donald Trumps ice cream addiction or those old Raisin Bran commercials with two scoops. Her shocking expose of the violence, uprisings, and dangerous conditions in the Philadelphia jails dropped at roughly the same time as a longer investigative report on the citys wrongful-murder-conviction racket of the 1990s, and the new allegations of perjury against the detectives who perpetrated it. In the 21st Century, this old-fashioned kind of accountability journalism can only survive if readers like you will support it. Please consider subscribing to The Inquirer today.

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Joe Manchin's 'blind trust' is an utter farce | Will Bunch Newsletter - The Philadelphia Inquirer

Exploring age-diverse retirement community options and their added benefits – Press-Enterprise

Last week, we addressed part of A.B.s question about downsizing and whether to relocate to a 55-plus retirement community or one that has no age restrictions. Several age-restricted communities were described. This week well highlight ones that are age-diverse.

The LGBTQ community is a trendsetter in this regard. SAGE, an organization that supports the LGBTQ community, partnered with two affordable apartment buildings in New York City to build Stonewall House. Its a 17-story building with 54 studio and 91 one-bedroom apartments with a roof deck, landscaped terrace, communal lounge and laundry room. It is considered an LGBTQ + Age-Friendly Elder Housing residence.

Co-housing is another example. Some are multigenerational although there are co-housing models for those age 55 and older. Originating in Denmark, they were designed to create what is considered an old-fashioned community with semi-communal living. It typically consists of a cluster of private homes and shared community spaces. Designed by future residents, the community is self-governed. In this model, communities often share activities such as dining and childcare, carpooling and exercise and often gather during the week to prepare and share meals with one another. An economic benefit is the sharing of resources. California has at least three: Mountain View, Pleasant Hill and Southside Park.

University-based retirement communities also are designed for multigenerational opportunities. They typically consist of upscale apartments that are on or adjacent to a college campus. Some have requirements as well as many opportunities. Lasell Village at Lasell University in Massachusetts is the first senior living community that requires residents to commit to the educational goals of 450 hours of learning annually, believing that learning is a way of being. Residents of Mirabella at Arizona State University receive student ID cards that allows them to audit classes and use the university library.

A unique example of an intentional multigenerational community is Bridge Meadows in Oregon. Founded in 2005, it combines former foster-care youth, adoptive families and older adults into an intergenerational community that creates a place of permanence and shared social purpose. Located in several Oregon cities, it is designed to encourage connection between the generations and consists of family townhomes that accommodate three to four children and elder apartments. It has received many awards and has been featured in PBS NewsHour and the Wall Street Journal acknowledging its economic model and its social benefits.

More of these communities are to be developed. In Santa Clara, civic leaders and developers are planning a place that combines contemporary urban living with Santa Claras agricultural past. It is called Agrihood. According to a July 22 story in the San Jose Spotlight, it will consist of 160 mixed-income apartments, 165 homes for low-income seniors and veterans and 36 townhomes with a 1.5-acre farm where residents can grow produce. Retail space is included.

Chip Conley, author of Wisdom at Work: The Making of a Modern Elder (Currency, 2018) and founder of the Modern Elder Academy is planning to replace the traditional retirement community with what he calls regenerative intergenerational communities. The first one will be located in Santa Fe with the intention of shifting the aspiration of leisure in retirement to one that cultivates purpose and connection. Conley intends to build a vibrant community that centers around a campus for midlife retreats and sabbaticals as well as housing opportunities.

Other considerations include climate and access to healthcare, family, friends, airports, religious institutions, cultural activities and more. Of course, affordability is key. Before making a decision, ask if you can spend a week or two at some of thecommunities to experience what life might be like for you.

So, what are the benefits? According to Paul Irving, Chairman of the Center for the Future of Aging, studies indicate such communities enhance a sense of purpose, health, positive attitudes and well-being as well as opportunities for continued learning.

An added note: one way to fight ageism is to create environments for older and younger generations to have shared positive experiences. If that were widespread, age discrimination might just disappear.

A.B., Thank you for your important question and enjoy that next chapter. In the meantime, stay well and be kind to yourself and others.

Helen Dennis is a nationally recognized leader on issues of aging, employment and the new retirement with academic, corporate and nonprofit experience. Contact Helen with your questions and comments at Helendenn@gmail.com. Visit Helen at HelenMdennis.com and follow her on facebook.com/SuccessfulagingCommunity

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Exploring age-diverse retirement community options and their added benefits - Press-Enterprise

Pleasant Hill Cohousing founder sees communal living as sustainable way of the future – – Concord Clayton Pioneer

Cohousing residents use color coded cards to raise issues affecting the community where matters are settled by consent. (Pamela Michael photo)

PLEASANT HILL, CA (Oct. 14, 2021) The scale is human and the vibe bucolic at the tiny village with mango-colored townhouses that make up the hidden oasis called Pleasant Hill Cohousing (PHCH).

With cars banished to the periphery, the homes sit on welcoming, winding paths lined with lush greenery that manages to be orderly and wild at the same time.

PHCH is home to 32 households and 60+ people who have made a commitment to live in a community that fosters harmony with each other, the larger community and nature.

Tucked away on a 2.2-acre triangle of land just off Monument Boulevard, wedged between the Contra Costa Canal and the Iron Horse Trail, PHCH is part of a growing movement of intentional communities. The neighborhoods combine the privacy of individual homes generally townhouses or condominiums with shared amenities like laundry facilities, gardens, craft rooms, exercise equipment, workshops, libraries, gathering spaces and sometimes even cars.

Cohousing groups are small, participatory democracies based on shared ideals of communication and cooperation. Governance is by consensus, not an easy process in any size group, no matter how committed.

Our self-governance has evolved and improved over time, observed PHCH resident Kenji Yamada, who noted that cohousing is not for everyone, perhaps not even for most people.

To reach consensus on issues during monthly meetings, the group adopted an innovative system that utilizes a series of colored cards that signal their positions. Various colors indicate More Info Needed, Point of Order, Not Decided Yet, etc. Green=Agree, Red=Block. The goal is to see a sea of green, of course.

Yamada, a former Peace Corps volunteer, now a software tester and community activist, is typical of PHCH residents, if not most communitarians, as they are sometimes called, in his motivation for choosing cohousing. He and his wife sought to live in a place that offered more real connections to neighbors than typical suburban living.

They were seeking an old-fashioned sense of neighborhood that affords opportunities to connect with each other and interact in meaningful ways, an antidote to the isolation of much modern life.

New resident Timothy Silk, a tech consultant, echoes Yamadas desire for closer contact with his neighbors. When he and his wife, empty nesters, were exploring local cohousing options, he was impressed by how much the PHCH residents seemed to care for each other. New members, for example, are treated to a welcoming ceremony.

Pre-COVID, there were many celebrations and gatherings in addition to the twice-a-week communal meals in the Common House, which contains, in addition to a kitchen, a dining room (Great Room), sitting room, laundry, kids room, teen room, crafts room and two guest bedrooms with bath a welcome feature.

The same desire for more real connections to her neighbors prompted PHCH co-founder (and project guiding force) Barbara Lynch and her late husband to gather like-minded folks in 1995 to seek a parcel of land suitable for building what would become the first cohousing development in Contra Costa County.

We were living the dream, a big house with a pool in Walnut Creek, says the former Los Medanos College computer sciences teacher. But when I read an article about a cohousing project on Bainbridge Island in Washington, I knew immediately that I wanted to live in a more conscious, cooperative way I wanted to live in cohousing.

In 2001, she got her wish, moving into the newly completed PHCH complex.

By happy coincidence, the Bay Area was home to architects Charles Durrett and his then-wife Kathryn McCamant, who introduced the idea of cohousing (and coined the term) to the United States in the late 80s.

They had previously lived in Denmark, where the concept was pioneered in the 1970s before spreading throughout Europe and, thanks to Charles and Kathryn, to this country.

The architects and their Cohousing Company, based in Berkeley for many years and now in Nevada City, remain devoted to the cohousing concept. They wrote books and articles, held introductory meetings and helped many groups navigate the often-difficult process of creating their own communities.

Working closely with Lynch and the Pleasant Hill group, they designed a community that is multigenerational, diverse, non-hierarchical and environmentally conscious with passive heating and cooling features, efficient water use, natural, non-toxic materials and many more amenities.

Cohousing helps stem the tide of consumerism, Durrett told the Pioneer. Instead of 32 lawnmowers, you only need one, for example.

Durrett sees his job as helping to create a viable society and sees the biggest obstacle to cohousing development as a culture stuck in outdated ideas about living arrangements.

After designing the first newly constructed cohousing community in the country, Muir Commons in Davis, in 1991, and PHCH in 2001, Durrett remains undeterred. He has completed more than 50 of the more than 150 cohousing communities in the country.

Cooperation is the key to human survival. It is the basis of how we live together in families, in communities, of how we govern ourselves and of the global economy.

Cohousing offers a compelling model for getting along and in these difficult times for addressing our increasing isolation.

Kurt Vonnegut once wrote, The most daring thing is to create stable communities in which the terrible disease of loneliness can be cured.

The Pleasant Hill Cohousing folks have taken the dare.

Pamela Michael

Pamela Michael is a writer and communications specialist who has lived in Curry Canyon for twenty years.

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Pleasant Hill Cohousing founder sees communal living as sustainable way of the future - - Concord Clayton Pioneer