Monthly Archives: January 2022

Superdeterminism and Free Will – Discovery Institute

Posted: January 7, 2022 at 4:45 am

Photo credit: Vladislav Babienko via Unsplash.

The conventional view of nature held by materialists, who deny free will, is that all acts of nature, including our human acts and beliefs, are wholly determined by the laws of nature, understood as the laws of physics. We cannot be free, they assert, because all aspects of human nature are matter, and the behavior of matter is wholly determined by physical laws. There is no room for free will

Its noteworthy that physicists who have studied determinism in nature (specifically, in quantum mechanics) have for the most part rejected this deterministic view of free will and implicitly (if not explicitly) endorsed the reality of free will. There are two reasons for this.

First, experiments that have followed from the research done by Irish physicistJohn Bell(19281990) in the 1970s have shown that determinism on a local level is not true. The theory and the experiments are subtle, but suffice to say, detailed and quite rigorous experiments have shown that the outcomes of quantum processes are not determined locally. That is, theres nothing baked in inanimate matter that determines the outcome of the quantum measurement. Nature is not locally deterministic.

The second reason that physicists have rejected determinism relates to the theory ofSuperdeterminism.Superdeterminism posits that, while inanimate matter is not locally determined, the entire universe including the thoughts and actions of the experimenters who are investigating nature is determined as a whole. The experiments based on Bells theorem have disproven local determinism but they do not disprove Superdeterminism.

The problem with Superdeterminism from the perspective of most physicists is that it seems to invalidate the process of science itself. That is, if the scientists own thoughts, ideas, and judgments are just as determined as the behavior of inanimate matter, then science itself has no claim to seek or find the truth. In other words, the laws of physics are not propositions and they have no truth value. If all of nature is an enormous robot, then it makes no sense to claim that tiny parts of the robot are seeking or have found the truth. Because Superdeterminism seems to obviate the very scientific method used to investigate it, physicists have generally rejected Superdeterminism.

Recently, however, several physicists have suggested that Superdeterminism is a quite plausible way of solving the measurement problem in quantum physics so it seems to be having a bit of a resurgence. PhysicistSabine Hossenfelderoffers aninteresting videoon the topic:

A detailed discussion of her views is beyond this post, but I note a few things:

1) I think Hossenfelder is right that Superdeterminism has been inappropriately dismissed by the physics community. It offers a rigorous and elegant way of understanding quantum mechanics and of beginning a path toward uniting quantum theory with general relativity.

2) Hossenfelder is wrong to deny the reality of free will. I think her critique of physicists who deny Superdeterminism because it denies free will has salience, but the denial of free will is self-refuting regardless of the issues in theoretical physics. Free will is a precondition for all science, all reasoning, and all claims to know the truth. As noted above, if free will is not real and all of our actions, including our investigations of reality, are determined by the laws of nature which in themselves are not propositions and have no truth value. Thus, if free will is not real, human thought has no access to truth. To deny free will is to assert it, and any denial of free will on any basis whatsoever is nonsensical. If we lack free will, we have no justification whatsoever to believe that we lack free will.

3) I do believe, however, that Superdeterminism is a viable and even attractive way of understanding nature, and that genuine free will is true and is quite compatible with Superdeterminism.

How so? Superdeterminism is the view that the outcomes of all possibilities both inanimate nature and the human mind are baked in to nature itself. There are two ways of understanding what that means. The first way is to see nature as a mindless machine running like clockwork without free will. As Ive said, such a view is incompatible with human reason.

However there is another way to understand how the outcomes of all possibilities in nature are baked into nature itself. This involves the concept of a block universe and the Augustinian understanding of nature as a thought in Gods mind.

Read the rest at Mind Matters News, published by Discovery Institutes Bradley Center for Natural and Artificial Intelligence.

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Superdeterminism and Free Will - Discovery Institute

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Corporate Bankruptcy Wave Turns to Dust, Defying Expectations – Bloomberg Law

Posted: at 4:44 am

An anticipated surge of pandemic-induced Chapter 11 cases failed to materialize in 2021, thwarting corporate restructuring professionals predictions.

Government stimulus programs, combined with low borrowing rates and greater debt forbearance, disrupted early forecasts that a wave of corporate bankruptcies would wash over at some point during the year.

Instead, 2021 saw the fewest annual bankruptcy filings in nearly four decades, falling 24% from 2020, which had recorded the fewest bankruptcies since 1986. A total of 3,596 Chapter 11 cases were filed in 2021, about 3,000 fewer than the year before.

Some sectors, such as retail and health care remain vulnerable as the pandemic continues to take its toll, supply chain issues persist, and inflation rises, bankruptcy and turnaround practitioners say.

But expectations of when the bottom will drop out are tempered following a year of relatively low bankruptcies that threw the restructuring world for a loop.

I was as surprised as everyone else that the numbers went down as much as they did, said Michael Sweet, chair of Fox Rothschild LLPs financial restructuring and bankruptcy practice. We may look back and consider that the shortest recession in history, he said.

The steep bankruptcy hike in 2020 also helps to explain the tame 2021 numbers in comparison. The economic shock caused by the pandemic tipped nearly 250 large companies into Chapter 11 bankruptcy in 2020, the most since the 2008-2009 financial crisis.

But Covid-19 largely accelerated restructuring proceedings that already were in motion. Many of the major retailers, commercial landlords, and energy companies that filed for bankruptcy in 2020 already were reeling from industrywide distress.

Its interesting to me that we dont seem to really have seen a rush of pandemic-caused or purely pandemic-caused filings yet, said McKool Smith bankruptcy attorney John Sparacino.

Earlier in 2021, restructuring professionals understood that stimulus funds and debt forbearance would help avoid a wave of bankruptcies in the near term. But many didnt expect the relative calm would last this long, or that filings would fall to historic lows.

Beginning in March 2020, the federal government appropriated about $4.5 trillion for stimulus payments and other relief programs in response to the pandemic.

Those programs included a $16.2 billion relief fund for shuttered entertainment venues, $28.6 billion to aid struggling restaurants, and a low-interest Economic Injury Disaster Loan.

The Paycheck Protection Program, one of the most popular pandemic relief efforts, provided $800 billion worth of forgivable loans to mostly small companies. A 2021 survey by the Federal Reserve found that 82% of small employers applied for the PPP.

As of the end of September 2021, $3.5 trillion of Covid-related appropriations were spent, and another $500 billion had been committed for future expenses, according to federal reports.

Meanwhile, interest rates remained at historic lows.

The easy access to liquidity, combined with negotiated debt forbearance, also boosted the economy and kept vulnerable companies from going under in a variety of industries.

Consumer-facing companies like airlines and cruise operators, which experienced stark revenue plummets in 2020, were able to raise a mind-bending amount of capital the following year, said Paul, Weiss, Rifkind, Wharton & Garrison LLP restructuring lawyer Kelley Cornish.

Debt from the airline industry alone grew more than 20% to $340 billion between 2020 and 2021. Yet airlines also were handed $54 billion in government aid to cover payrolls.

Even the auto industry, which was hammered by pandemic-caused supply chain disruptions, isnt likely to see any immediate bankruptcies, said Ann Marie Uetz, vice chair of Foley & Lardner LLPs national litigation department.

There are a lot of out-of-court restructurings taking place, as some larger auto parts makers take over smaller suppliers, Uetz said. But those smaller suppliers increasingly are seeking help from their manufacturer customers rather than the bankruptcy courts, she said.

Economic factors arent consistently indicating to a sanguine outlook for struggling companies. Inflation remains a concern, as are lingering supply chain disruptions and new waves of Covid-19 cases.

Should interest rates and inflation continue to rise, 2022 could spell disaster for some companies that have been limping along.

It seems like everyone is on edge waiting for the dam to burst, Sparacino said. Ive got to believe that the day of reckoning has just been deferred for a lot of people.

Oil prices also are rising, and business stimulus subsidies are drying up, said Mark Duedall, a corporate restructuring attorney at Bryan Cave Leighton Paisner LLP. So I do think well have distress next year.

But Ive given up trying to predict, he said.

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Corporate Bankruptcy Wave Turns to Dust, Defying Expectations - Bloomberg Law

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Bowlski’s will keep on rolling in El Jebel through bankruptcy – The Aspen Times

Posted: at 4:44 am

Bowlskis in El Jebel declared bankruptcy Sunday but will keep its lanes open and the beer flowing as it works to reorganize its debts under Chapter 11, according to co-owner and operator Craig Spivey.

It really comes down to the back rent we owe from during COVID Spivey said Tuesday. Were current with everybody else, but were behind on our rent for when we closed during COVID.

Spivey was upbeat Tuesday about the future of the bowling alley, which opened in 1992 under the ownership of the Stecklein family. Spivey and other investors acquired the El Jebowl business but not the building in 2016. While they changed the alleys name to Bowlskis, El Jebowl LLC is the corporate name for the business.

The pandemics toll on Bowlskis was similar to what other businesses have experienced, Spivey said. Hiring has been difficult, and business activity dropped, but Spivey said December was strong, and he sees a brighter future.

We love it there, and we appreciate everybodys support 100%, he said. Were on a long list of people that have been fighting to stay open and have appreciated everybodys help and understanding.

The midvalley bowling alley was closed for nearly three months from March 15, 2020 which was two days after former President Donald Trump declared the coronavirus a national emergency until June 1.

That really hurt us, Spivey said. Our sales were hit hard.

The staff of 14 to 16 employees pre-pandemic now comprises six workers, he said.

The bankruptcy case is in its early stages, and a telephonic meeting of creditors is scheduled Feb. 7, according to court documents.

The companys bankruptcy petition lists Bowlskis assets between $50,001 and $100,000 and its liabilities (the amount it owes to creditors) between $100,001 and $500,000. A summary of those liabilities, which identifies the creditors and the amount owed to them, had not been filed as of 5 p.m. Tuesday.

Crawford Properties LLC owns the building that houses the bowling alley and its accompanying restaurant and bar. Bowlskis also owns and operates the restaurant and bar business.

A telephone message left Tuesday with Robert Hubbell, president of Crawford Properties, was not immediately returned, and Spivey declined to say how much money the landlord is due.

Its a lot, he said, adding he is waiting on funds from an Economic Injury Disaster Loan, which is a program of the Small Business Administration.

As well, Bowlskis in 2020 received funds through the Paycheck Protection Program, with a first round amount of $24,443 and a second round amount of $34,220, according to an SBA database of PPP loans. That money helped keep the business afloat, Spivey said, noting that it was forced to close early, at 10 p.m., when the public health orders were in full throttle in 2020.

Now, it is open from 4 p.m. to midnight, and those extra two hours of operations make a big difference, he said. The late-night vibe has changed now with the addition of DJs and other offerings, he said.

Its added a whole new dynamic and a different demographic, he said.

Spivey also is the president of Dallas-based BowlBrands, which opens and operates bowling businesses and alleys.

Weve have invested a lot of money to stay here in the valley, said Spivey, who also lives in the Basalt-El Jebel area.

The U.S. Bankruptcy Court for the District of Colorado in Denver is the venue for the case. The Law Offices of Kevin S. Neiman PC in Denver is representing Bowlskis in the proceedings.

rcarroll@aspentimes.com

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Bowlski's will keep on rolling in El Jebel through bankruptcy - The Aspen Times

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The Inside Story Of How Jessica Simpson Launched, Sold Then Re-Acquired Her Billion Dollar Retail Empire From Bankruptcy – Celebrity Net Worth

Posted: at 4:44 am

Countless celebrities have tried and failed miserably to strike gold in the retail licensing business. Jessica Simpson puts them all to shame.

Not only did Jessica create a brand that eventually generated over $1 billion in annual gross revenue, she also sold a majority share for a big windfall then re-acquired the brand out of bankruptcy in a corporate maneuver that would impress Gordon Gecko.

We have previously reported on Jessica Simpson's retail empire and the fact that she reacquired 100% ownership rights in November. But thanks to an in-depth interview that was just published by Bloomberg, we now know a lot more about the brand's nitty gritty financial details, from inception to sale to re-acquisition.

(Photo by Evan Agostini/Getty Images)

Back in the spring of 2005 Jessica Simpson was at the peak of career. Actually, she was at the peak of her FIRST career. She may not have even realized it at the time, but she was actually at step one of what would eventually be a much more impressive and lucrative SECOND career as retail mogul.

On March 30, 2005, Jessica's three-season smash-hit reality show, "Newlyweds: Nick and Jessica," aired its final episode. At the same time she was putting the final touches on what would soon be a critically-acclaimed turn in the film reboot of "The Dukes of Hazzard."

In the movie, Jessica took on the iconic role of Daisy Duke which had been made famous by Catherine Bach on the 1970s/1980s TV show. Thanks largely to a poster of Catherine (as Daisy) wearing super short jean shorts, that sold over 5 million prints, short denim shorts became forever re-named as "Daisy Dukes."

As the film's summer release date approached, Jessica and her mother/manager, Tina Simpson, began to take meetings with various merchandising companies to entertain partnership offers to launch a Jessica Simpson retail business.

The resulting business was called

The merchandising company Jessica and Tina settled on was called the Camuto Group.

The Camuto Group was founded in 2001 by Vince Camuto. Just two years prior, Vince sold the retail empire he co-founded two decades prior, Nine West, for $900 million. The Camuto Group positioned itself as experts in sourcing, manufacturing and shipping shoes for other brands. For example, when Tory Burch, Lucky Brands and BCBG wanted to launch a line of shoes without having to do any of the actual making of shoes, they tapped the Camuto Group. When Tory Burch had a huge hit with a $200 flat (which was a quarter of the price of similar rival flats), they were manufactured by the Camuto Group.

Jessica and Tina were impressed with the Camuto Group and hit it off with Vince. So a deal was struck where the Camuto Group would pay Jessica a fee to be the master licensee of her name on retail items. Vince also struck a side deal to acquire 25% of Jessica's brand outright.

You might assume, considering the movie's release, that the first product they made together was a line of Daisy Dukes, but Jessica actually wanted the first product to be a line of high-heeled cowboy boots. That's partially why she wanted to work with Camuto specifically.

The high-heeled boot was a huge success and new products were rolled out. Not just shoes either. The Jessica Simpson Collection eventually produced jeans, accessories, lingerie, perfume and more. Simpson and Camuto worked closely to oversee licensing deals on products in more than 30 retail categories.

(McCarthy/Getty Images for Jessica Simpson Collection)

According to the recent Bloomberg article, in 2010 the Jessica Simpson Collection generated $750 million in gross retail sales.

In 2014, the brand's peak year (so far), the Jessica Simpson Collection grossed over

Before you get too excited, Jessica's cut of those gross revenues was actually not all that impressive. The retail business is tough, with notoriously low margins. According to Bloomberg, in the year the brand grossed $1 billion, Jessica's cut was just $13 million. An impressive number for sure, but technically that's 1.13% gross revenue.

Unfortunately, Vince Camuto died in January 2015 after a battle with cancer. That left Tina and Jessica feeling aimless and needing a new partner. So, in April of that year, Jessica sold 62% of the brand to a company called Sequential Brands for $117 million. Vince Camuto's widow remained 25% owner and Jessica after the deal continued to own 12.5%.

With the sale, Jessica shrewdly included what would later prove to be an extremely brilliant deal point in her contract with Sequential. The contract required Sequential to give Jessica final approval rights if it were ever to sell the brand.

On the heels of their Jessica Simpson acquisition, Sequential went on a multi-billion dollar debt-funded brand buying spree. That strategy was all well and good until it wasn't.

Here's what happened to Sequential's stock price as Wall Street soured on its acquisition strategy and then as revenues were decimated by COVID-19:

Sequential filed for bankruptcy in February of 2021. At this point the company, with a bankruptcy judge overseeing, began to seek offers for its various assets and brands.

Just as the vultures began circling, Jessica and her mom met with an investment bank to put together an offer of their own. An offer that would result in Jessica regaining 100% ownership of her brand, name and license.

Their offer consisted of $65 million in cash, mostly funded by Jessica PERSONALLY.

But here's the best part Jessica had a trump card in the negotiations.

Thanks to that deal point in her original contract, Jessica had the right to approve or deny any sale. That essentially made Jessica's offer the only viable offer that Sequential could even consider.

In August of 2021, Jessica's offer was submitted. Two months later it was officially accepted and consummated.

According to numbers reported by Bloomberg, even as Sequential imploded in 2020 and 2021, the Jessica Simpson Collection still managed to generated $500 million in gross retail sales last year. So it's by no means a dead brand.

I think the really interesting aspect of this story will happen over the coming years. Jessica previously earned just $13 million when her brand generated $1 billion in revenue. As 100% owner she'll get 100% of the profits.

Let's say she builds the brand back up to $1 billion in sales and maintains an industry-standard 20% profit margin. That would be $200 million in profits for Jessica every year. Considering how far she's come so far, I wouldn't bet against it!

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The Inside Story Of How Jessica Simpson Launched, Sold Then Re-Acquired Her Billion Dollar Retail Empire From Bankruptcy - Celebrity Net Worth

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The Law Amending The Enforcement And Bankruptcy Law And Certain Laws Is Published – Insolvency/Bankruptcy/Re-structuring – Turkey – Mondaq News Alerts

Posted: at 4:44 am

05 January 2022

Moroglu Arseven

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Law numbered 7343 on the Amendments to the Enforcement andBankruptcy Law and Certain Laws ("AmendmentLaw") was published in Official Gazette dated 30November 2021 and numbered 31675 and entered into effect on thesame day. With the Amendment Law, fundamental changes on theorganizational structure of execution offices as well as proceduresof postponement of execution, and sale, valuation and tender ofseized properties were introduced within the scope of Enforcementand Bankruptcy Law numbered 2004("EBL").

Some remarkable amendments in the Amendment Law are summarizedbelow:

Please find the full text of the Amendment Law here. (Only available in Turkish)

Information first published in the MA | Gazette, a fortnightly legal updatenewsletter produced by Moroglu Arseven.

The content of this article is intended to provide a generalguide to the subject matter. Specialist advice should be soughtabout your specific circumstances.

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In the following article ASC Law addresses the use of standardized "Framework Agreements" prepared by the highly-regarded Banking Association of Turkey in debt restructuring negotiations.

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The Law Amending The Enforcement And Bankruptcy Law And Certain Laws Is Published - Insolvency/Bankruptcy/Re-structuring - Turkey - Mondaq News Alerts

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For species on the very brink of extinction, cloning is a loaded last resort – Mongabay.com

Posted: at 4:44 am

For many people, extinction is a term that refers to the past. Its meant for dinosaurs, woolly mammoths and so many other species only found in textbooks or on display at museums.

Extinction is an abstract concept to many people. It was to me as a kid, says Oliver Ryder, director of conservation genetics at the San Diego Zoo Wildlife Alliance.

But the planet us growing less biodiverse each year. And extinction is a very real and present crisis. In September 2021, the U.S. Fish and Wildlife Service declared 23 species to be newly extinct. And many species arent technically considered extinct because they live in captivity, even though they no longer exist in the wild. Where conventional conservation methods have stalled, there may be another option, one thats highly contentious, to pull a species back from the brink: cloning.

Right now, conventional conservation measures are struggling to keep up with the pace of the threats that face the world. Weve crippled populations to such fragmented and small sizes, says Ben Novak, lead scientist at Revive and Restore, a nonprofit organization that works to boost biodiversity through whats known as genetic rescue of endangered and extinct animals.

Biotechnologies, like cloning and gene editing, now give us a chance to accelerate the evolution of species so they can actually cope with change and survive it.

Cloning is one type of genetic rescue, an approach used to restore genetic diversity in a population and lower the risk of extinction. Today, we can clone some mammals, fish and amphibians, and potentially even marsupials, Novak says.

Often, when a species population crashes to very low levels, it undergoes a genetic bottleneck, where only a few individuals remain to pass on genes to future generations. That reduces the overall genetic diversity of the population, increasing the likelihood of inbreeding, which in turn raises the chances of offspring carrying recessive traits, further undermining the species survivability.

Where the conventional conservation methods of captive and assisted breeding are limited to working with the genetic material currently circulating within a species, cloning can reinject lost genetic diversity into the population, says Beth Shapiro, an evolutionary molecular biologist at the University of California, Santa Cruz, who also serves on the board of directors at Revive and Restore.

Increasing genetic diversity is likely to benefit by providing genetic fodder for natural selection, she says.

Right now, cloning is the only way to produce an actual copy of an animal from a non-reproductive cell, Novak says.

In December 2020, a team of researchers led by Revive and Restore cloned the first black-footed ferret (Mustela nigripes), which they named Elizabeth Ann. Today, all black-footed ferrets descend from only seven individuals, so every ferret is related in some way. Elizabeth Ann is a clone from a different population and has three times more genetic diversity than any other ferret alive. So if she breeds successfully, she will contribute new genetic diversity to the population.

Earlier in 2020, scientists from Revive and Restore also successfully cloned a Przewalskis horse (Equus ferus przewalskii), which they named Kurt.

Cloning cant happen unless tissues samples, like skin, are biobanked, which means theyre frozen for preservation and stored in a biorepository. As a species declines, it loses genetic diversity within the populations. Thats why its important for researchers to collect tissue samples whenever possible to leave options open for the future, Novak says.

For any species on the brink of extinction, what we can be doing right now is saving as many tissue samples as possible so that in the future if they go extinct or they get really rare we can reach into the past and get something back that weve lost, he says.

However, an animal can only be cloned if the technology already exists to breed it in captivity, because researchers need to know how to handle it and how it reproduces, Novak says. So cloning should never be aimed at replacing captive-breeding programs or nudging out other reproductive technologies, he says. But there will be different scenarios that favor different approaches.

With cloning, scientists take cells from tissues, like the skin, and a reproductive egg from a common ancestor. They remove the nucleus, the part that holds the genetic material, and then fuse the ancestor cell with the skin cell, so that the fused cell then only contains the genes from the animal theyre cloning. The fused cell is now an embryo that a surrogate will carry.

Proponents of cloning say such a method could work to revive the northern white rhino (Ceratotherium simum cottoni), a subspecies down to its last two individuals. Theres currently another project underway to save the northern white rhino, not with cloning but with stem cell technology. In this case, scientists revert cells from tissues samples to stem cells. Once they are stem cells, they have the potential to become any kind of cell, like reproductive egg and sperm cells.

The difference between cloning and stem cell technologies is that, with the latter, scientists arent making an identical copy of the donor. Instead, they are creating the circumstances so that cells can produce offspring through sexual reproduction, says the Wildlife Alliances Ryder.

There are only two northern white rhinos left in the world: Najin and her daughter, Fatu. In October 2021, Najin was retired as a potential egg donor due to age and illness, so now Fatu is the only donor left.

Experts like Ryder and Shapiro say theyre confident that one day they will successfully create a northern white rhino, but it will take a long time and there are a lot of challenges and unknowns along the way.

In mid-2021, the German government-funded initiative BioRescue announced that it had successfully created 12 northern white rhino embryos.

But still, the embryos need to be successfully transferred to a surrogate that is a common ancestor with the same gestational period. And in this case, that would be the southern white rhino (Ceratotherium simum simum).

However, there has never been a successful embryo transfer in a rhino to date, Ryder says.

Southern white rhinos also faced a population decline and subsequent genetic bottleneck due to poaching. The population crashed to as low as 30 individuals, limiting genetic diversity, before bouncing back to a population today of more than 10,000 individuals, but with much less diversity than before.

In fact, researchers at the Wildlife Alliance sequenced the 12 cell cultures that they have in their Frozen Zoo and found more genetic diversity in those 12 cultures than in the entire population of southern white rhinos, Ryder says.

So genetically, they have the potential to recover, he says. The technology just isnt there yet to make the jump from frozen embryo to live rhino calf.

Although some may argue that intervening in the evolution of plants and animals is unnatural, Shapiro points out that humans have been intervening for tens of thousands of years already. She says we shouldnt reject new technologies until the risks and potential are fully evaluated.

I think in biotechnology, sometimes we get lost in the can we do this? And the goal of an ethics analysis is to answer the question, should we do this biotechnology? says Samantha Wisely, a conservation geneticist at the University of Florida.

Wisely was a part of a team that recently published an ethics analysis of cloning as a form of genetic rescue and looked at black-footed ferrets as a case study.

The ethical analysis took into consideration whether the goals of the program are justified, whether cloning can be done responsibly, and whether theres support from the public and within the conservation community.

For the ferrets, cloning was really the only way, Wisely says. The remaining individuals were highly inbred and there were no new individuals to bring in and add to that genetic diversity.

Revive and Restores Novak points out that captive-breeding programs are already heavily managed. Animals dont get to choose who they mate with; theyre paired together based on whos related to who. With cloning, scientists are just expanding their options, he says.

The use of somatic cells, like skin cells, is also much less invasive than collecting reproductive cells, the analysis points out. Using somatic cells to create genetically identical animals has been used in the livestock industry in the U.S. for more than a decade.

And ultimately, whether or not cloning should be done as a means of genetic rescue should be considered on a case-by-case basis, Wisely says.

The way to save species is to save them in their habitats, Ryder says. But the fact that we have species going extinct means that its not being realized to the fullest extent.

An additional set of options offers the future the possibility that wouldnt otherwise have existed, he adds.

Over the next few years, Revive and Restore hopes to make more clones of Elizabeth Ann and Kurt as well as some new, unique Przewalskis horses, Novak says.

He says this also gives them an opening to use gene editing or genetic engineering. For instance, they can sequence the genomes of ferrets that died in the early 1900s and find genes that are potentially beneficial, like ones for disease resistance. Scientists can write those genes back into living ferrets, providing a genetic boost to the current population.

The technology is unfolding in real time. And its important to engage global stakeholders who will be affected by the adoption of these approaches, while the technology is still developing, Shapiro says.

The pace of change is too fast today for evolution by natural selection to keep up, she says.

If we want to live in a future that is both biodiverse and filled with people, then we have no choice but to continue to intervene as we always have in more deliberate, thoughtful, and careful ways.

Banner image of a cloned Przewalskis horse (Equus ferus przewalskii) named Kurt. Kurt was born on April 6, 2020. Courtesy of Revive & Restore.

Citation:

Sandler,R.L., Moses,L., & Wisely,S.M. (2021). An ethical analysis of cloning for genetic rescue: Case study of the Black-footed ferret.Biological Conservation,257, 109118. doi:10.1016/j.biocon.2021.109118

Editors note: This story was supported by XPRIZE Rainforest as part of their five-year competition to enhance understanding of the rainforest ecosystem. In respect to Mongabays policy on editorial independence, XPRIZE Rainforest does not have any right to assign, review, or edit any content published with their support.

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Global Synthetic Biology (Enzymes, Cloning Technologies Kits) Market Report 2021-2027 – Opportunities in the Development of Vaccines and Personalized…

Posted: at 4:44 am

DUBLIN, January 06, 2022--(BUSINESS WIRE)--The "Synthetic Biology Market Size, Share & Trends Analysis Report by Product (Enzymes, Cloning Technologies Kits), by Technology (PCR, NGS), by Application (Non-Healthcare, Healthcare), by End Use, and Segment Forecasts, 2021-2027" report has been added to ResearchAndMarkets.com's offering.

The global synthetic biology market size is estimated to reach USD 31.97 billion by 2027, registering a CAGR of 20.8%

Extensive applications of synthetic biology in multiple fields is a major impact rendering driver of the market. For instance, the technique is used for the development of biofuel from microorganisms in the bioenergy field.

Several market participants have produced materials and textiles with the use of synthetic biology. Bolt Threads, a material developing company that produced engineered spider silk ties, and Colorifix are developing dyes with biological systems.

In addition, the market has provided the agriculture industry with alternative fertilizer options, which are not harmful. For instance, Pivot Bio, a California-based company, has established a technique of fertilizing crops without relying on a harmful polluting chemical process.

Extending clinical applications of synthetic biology, the potential of the technique to accelerate drug development, and enhancing market competition are some key aspects driving the industry. The COVID-19 pandemic is set to drive applications and investments in this space.

For instance, in January 2021, FDA approved Phase III trials of carrimycin - a synthetic biological drug treatment for COVID-19. This drug includes anti-inflammatory, antiviral, anti-fibrosis, as well as antibacterial effects.

Synthetic Biology Market Report Highlights

Oligonucleotide/oligo pools and synthetic DNA held the dominant share in the product segment owing to the increased application scope of the product in the research field

The enzymes product segment is expected to witness the second-fastest CAGR over the forecast years owing to the growing application of enzymes in biofuel, textile industry, and molecular biology applications

Healthcare application is the largest revenue-generating as well as the fastest-growing application segment due to a rise in the application of synthetic biology in research, diagnostics, and other clinical fields

The biotechnology & pharmaceutical companies end-use segment led the market in 2020 due to heavy investments to enhance R&D activities for the production of vaccines and other drugs

PCR was the largest revenue-generating technology segment in 2020. With the accelerated development of modern life science, PCR technology has been widely applied to different biological, medical research, virus detection, and the food industry

The availability of advanced research facilities, increased investments in private companies, favorable regulations, and government assistance & funding have contributed to the dominance of the North America regional market in 2020

For Instance, in September 2020, a U.S.-based startup, Zymergen Inc., received USD 300 million in funding from Baillie Gifford & Co. to increase the R&D activities in synthetic biology

The key operating players are focusing on exploring synthetic biology to its highest potential across different emerging applications

For instance, in April 2020, Barcelona-based Luis Serrano and Maria Lluch received USD 2.35 million of seed financing from Barcelona-based Invivo Ventures to develop novel treatments for lung infections

Story continues

Key Topics Covered:

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Market Variables, Trends & Scope

3.1 Market Segmentation

3.2 Synthetic Biology Market Lineage Outlook

3.2.1 Parent Market Outlook

3.3 Penetration And Growth Prospect Mapping

3.4 Market Driver Analysis

3.4.1 Extensive Applications Of Synthetic Biology

3.4.2 Funding And Assistance From Government And Private Organization

3.4.3 Growing Research And Development Activities In Synthetic Biology

3.5 Market Restraint Analysis

3.5.1 Biosafety, Biosecurity Issue

3.5.2 Ethical Issues And Unintended Consequences

3.6 Market Opportunity Analysis

3.6.1 Development Of Vaccines And Personalized Medicines

3.6.2 Demand For Biofuel

3.7 Market Challenge Analysis

3.7.1 Lack Of Standard Regulation For Synthetic Biology Products

3.8 Business Environment Analysis

3.8.1 SWOT Analysis; By Factor (Political & Legal, Economic And Technological)

3.8.2 Porter's Five Forces Analysis

3.9 Competitive Analysis

Chapter 4 Products Business Analysis

4.1 Synthetic Biology Market: Products Movement Analysis

4.2 Oligonucleotide/Oligo Pools And Synthetic Dna

4.3 Enzymes

4.4 Cloning Technologies Kits

4.5 Xeno - Nucleic Acids

4.6 Chassis Organism

Chapter 5 Technology Business Analysis

5.1 Synthetic Biology Market: Technology Movement Analysis

5.2 Pcr

5.3 Genome Editing

5.4 Ngs

5.5 Bioprocessing Technology

Chapter 6 Application Business Analysis

6.1 Synthetic Biology Market: Application Movement Analysis

6.2 Healthcare

6.2.1 Global Synthetic Biology Market For Healthcare Synthetic Biology Market Estimates And Forecast, 2018 - 2027 (USD Million)

6.2.2 Clinical

6.2.2.1 Global Synthetic Biology Market For Clinical Synthetic Biology Market Estimates And Forecast, 2018 - 2027 (USD Million)

6.2.2.1.1 Bio/Pharmaceuticals

6.2.2.1.2 Diagnostics

6.2.3 Non - Clinical

6.3 Non - Healthcare

Chapter 7 End Use Business Analysis

7.1 Synthetic Biology Market: End Use Movement Analysis

7.2 Biotechnology & Pharmaceutical Companies

7.3 Academic & Government Research Institutes

Chapter 8 Regional Business Analysis

8.1 Synthetic Biology Market: Regional Movement Analysis

Chapter 9 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/gzc6ya

View source version on businesswire.com: https://www.businesswire.com/news/home/20220106005512/en/

Contacts

ResearchAndMarkets.comLaura Wood, Senior Press Managerpress@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470For U.S./CAN Toll Free Call 1-800-526-8630For GMT Office Hours Call +353-1-416-8900

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Global Synthetic Biology (Enzymes, Cloning Technologies Kits) Market Report 2021-2027 - Opportunities in the Development of Vaccines and Personalized...

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Mercedes cloning will ‘definitely’ help Aston Martin in 2022 – PlanetF1

Posted: at 4:44 am

Aston Martins decision to effectively clone the Mercedes car in 2020 will definitely help the team in 2022, says Andrew Green.

Back when they were known as Racing Point, the British team opted to base the design of their 2020 challenger on the title-winner Mercedes car from the previous season.

It proved to be a somewhat successful strategy for them with their car more often than not being the third fastest on the grid and their drivers claiming one win and three podiums between them.

Green, the teams technical officer, thinks its also one that opened their eyes and thus will have definitely helped them build and develop their car for the 2022 campaign.

It definitely opened our eyes to new ways of working new concepts, new ideas, he told The Race.

And it has enabled that thinking then to follow through to some degree on the 21 car but the 2022 car definitely.

Greens team were heavily criticised for what became widely known as their pink Mercedes with a number of teams viewing the copying as a form of cheating and protesting the design.

He remains adamant they did nothing wrong though and that trying to replicate another design was far from the easy option for them, requiring a huge amount of work and skill.

Anger from rivals stemmed from the successful way in which they carried out such work, he says.

What we did was look at the car and went about working out why that car was significantly quicker than everybody else, he added.

We did our own learning. Theres no shortcut to doing it. Its not a copy, its developing a solution where youve got a rough idea of what you think the answer is, but youve still got to get there and it takes a lot of development and a lot of work to understand.

In some ways, its even harder because sometimes the directions pull you away from what you believe to be the right answer. I think the team did a great job in understanding the philosophy behind it.

If you look up and down the grid, a lot of other teams have taken the same philosophy. They did what we did last year and theyve taken the philosophy of the fastest car and developed it as their own.

Its not a new concept, its just that everybody latched on to it because I think we did quite a good job and other teams were a little bit upset that wed done quite a good job.

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Drivers warned of surge in illegal number plate cloning as older cars look to avoid fines – Express

Posted: at 4:44 am

Many drivers have been stung by fines wrongly attributed to their cars since the introduction of clean air zones and the expansion of Londons Ultra Low Emission Zone (ULEZ). With the number of fines increasing for drivers who have not entered the car tax zones, it has been suggested that more rogue motorists are using fake plates to cheat city centre enforcement cameras.

Bath, Birmingham and Portsmouth all launched their clean air zones last year, with some more polluting vehicles being charged a daily fee for driving in the zone.

A number of other cities are also set to launch a clean air zone this year, including Greater Manchester, Oxford, Newcastle and Edinburgh.

Some clean air zones charge older cars between 7 and 10 per day to drive inside the emissions area, whilst larger vehicles like HGVs and buses can be charged between 50 and 100.

There are fears that as more clean air zones are introduced, more fake number plates could be seen.

READ MORE:Car tax band: How to work out your car's tax band ahead of changes

In 2019, the number of drivers complaining to the DVLA about correspondence, fines or penalties wrongly linked to their vehicles has more than doubled.

The DVLA had 9,384 complaints about correspondence, fines or penalties wrongly linked to vehicles in 2019, up from 4,021 in 2018.

In 2020 the figure fell to 7,400, thought to be due to traffic levels in the pandemic.

Between January 1 and July 31 last year, the latest period figures are available for, it was 4,110.

DON'T MISSBanning car ownership would do more harm than good[INSIGHT]Drivers urged to check new European driving law changes for 2022[URGENT]Hydrogen vehicles 'need to be used' for UK's push for net zero[ANALYSIS]

Jack Cousens, head of policy at the AA, said: With cities across the country introducing clean air zones, plate cloning could increase as fraudsters hope to cheat the charges.

A policy from the Driver and Vehicle Licensing Agency (DVLA) stipulates that if a driver is stopped more than once with a plate which doesnt meet regulations, the registration should be rescinded.

In this case, the driver would be issued with a new, random number plate.

This is done so all number plates meet the UKs regulations and can be more easily identified by automatic number plate recognition (ANPR) cameras.

A quick Google search can lead drivers to find fake number plates, which could potentially be used to navigate around the charges.

There have been a number of instances where drivers have been wrongly fined for supposedly driving inside a clean air zone.

Richard Gregory-Gibbons, from Staffordshire, says a driver with the exact same car and same licence plate is frequently travelling through Birminghams CAZ zone and claims his registration plate was cloned.

This case of mistaken identity has left him inundated with penalty charge notices (PCN).

In August, he had received almost 30 letters and needed to appeal each fine individually via the councils website.

He received six letters in just one day three of which were for bus lane fines and one warning letter from the clean air zone.

Another driver, Ruth Costello from West Sussex, said she had been receiving the 120 penalty charge notices (PCNs) since the launch of Birminghams CAZ in June.

The motorist, who lives 160 miles away from Birmingham, received 19 fines totalling 2,280, despite having never driven in the city.

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What’s the fake news on your dairy? – Hoard’s Dairyman

Posted: at 4:44 am

Hearing the term fake news may cause a visceral response in todays political climate. With the abundance of media outlets available on so many different platforms, its become difficult to know what to believe.

What about fake news on your dairy?

My guess is your first response might be related to detractors that wish to push a false narrative about the way we manage cows and produce milk. That is not the fake news I want to dig into today. It is more the question of what you believe about your own dairy that may in fact not be true.

Asking the same question

In the routine analysis of our clients farms, I ask myself the same question over and over, What do I believe to be true about some aspect of the dairy that is actually not true? It is an investigation technique that is helpful in digging deeper into how cows are performing on a dairy. We work in a variable biological system with an unknown number of influences that truly impact the cow and the bottom line. A systematic process to discover these untruths may be the key to the next 5 pounds of milk.

The number of information sources that could be lying to us would rival the number of various media outlets on TV or social media. A modern dairy is full of information-gathering efforts from humans to instruments that measure everything from the weather to the butterfat levels in the milk. These will eventually tell us an untruth. We must approach this information with great care.

Potentially questionable information sources

Consider an example of a corn silage crop year change where the cows just arent getting the job done. Even if you sampled the new silage, maybe that sample taken soon after opening the pit isnt representative of the entire pile. So, the first potential source of bad info is forage analysis information including a full lab report or even an on-farm moisture test. Verify and reverify, especially on a new crop silage.

Lets take that a step further. Suppose the feeders are doing a great job checking silage moisture and delivering it on time each morning to the office. But, in the hustle and bustle of a busy dairy office, the changes werent being updated in the feeding software. Dont say never on my place . . . it happens.

Two answers to the same question

Cow movements on a dairy are an integral part of the yearly life cycle of a cow. The days in milk (DIM) when these moves occur are planned for various reasons. I can remember a conversation with a client regarding the DIM when cows leave the fresh pen. This matters when I build the best ration for this pen.

The fresh cows graduate from the fresh pen at 12 to 15 DIM, said the producer. This tells me to really focus on diet goals related to the just-fresh cow.

After some discussion with the herdsman regarding intake and fresh cow transition issues and peak milk, I notice that the average DIM in that pen is actually 20 days. It turns out the transition cow team has been keeping fresh cows in that pen for as much as 10 days longer to keep an extra eye on them during a time of lower calvings. If this will be the plan going forward, there are a few things I will do differently in formulating that diet to help cows a bit higher in DIM and for higher intake levels.

Procedural drift is at the base of several of these potential situations. Things like pen moves, vaccinations, voluntary waiting period (VWP), and days at first breeding can all be set in protocols and believed to be happening as planned. By spending a little time in the herd management software, you might find that the actual implementation leaves something to be desired.

Verify, reverify, and verify a third time.

Train, retrain, and train again.

Feeding accuracy is always a topic where the truth may be hard to find. If a TMR sample does not meet the formulated nutrient specifications, we may then know that we arent feeding what we think we are.

Was it just a bad day the samples were taken or is the loading and mixing protocol at the dairy in need of some work?

We believe that the feeders put the correct amount of the correct ingredient in the mixer. Is this true?

Taking more frequent TMR samples might help for gaining confidence in the ration. Using an aggressive feed and ingredient inventory management and tracking process also will help ensure accurate ingredient loading and mixing. Dont forget to verify mixer scales on a regular basis.

At times when the stars are aligned, 2 plus 2 can seem to equal 5 and the cows are exceeding expectations. In all the fun end enjoyment in that situation, dont forget to look for the magic to keep it going. At other times, 2 plus 2 seems to barely equal 3. In these situations, ask yourself what you think may be happening at the dairy and verify to be sure it is so.

And one more thing, always believe the cows. Data and even humans can convey information that is not true. The computer may spit out false numbers and your intuition and memory can fail you. Building systems and a solid team of people with common goals will solve most of the problems. Calibrating equipment, completing preventive maintenance, and keeping everything clean and tidy just seems to help ensure success. It is attention to the details that will allow the cows to reach their maximum potential.

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