Fed Chair Powell Says Gradual Rate Hikes Best Approach

Federal Reserve Chairman Jerome Powell said Tuesday that he sees no need to drop the central bank’s current gradual approach to raising interest rates. Powell said the combination of steady, low inflation and very low unemployment shows the country is going through “extraordinary times.” The central bank is trying to make sure it doesn’t raise rates too quickly and push the country into a recession, or move too slowly and set off higher inflation, he said. He added that the Fed’s goal of gradual increases in interest rates is an effort to balance those risks and extend the current expansion, now the second longest in U.S. history. Powell’s comments, delivered to the annual conference of the National Association of Business Economics, came a week after the central bank approved a third quarter-point hike in its benchmark policy rate, pushing it to a level of 2 percent to 2.25 percent. It …

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Physics Nobel for Laser Pioneers Includes First Woman in 55 Years

A trio of American, French and Canadian scientists won the 2018 Nobel Prize for Physics on Tuesday for breakthroughs in laser technology that have turned light beams into precision tools for everything from eye surgery to micro-machining. They include the first female physics prize winner in 55 years. Canada’s Donna Strickland, of the University of Waterloo, becomes only the third woman to win a Nobel for physics, after Marie Curie in 1903 and Maria Goeppert-Mayer in 1963. Arthur Ashkin of Bell Laboratories in the United States won half of the 2018 prize for inventing “optical tweezers,” while Strickland shared the remainder with Frenchman Gerard Mourou, who also has U.S. citizenship, for work on high-intensity lasers. “Obviously we need to celebrate women physicists,” Strickland said shortly after learning of the prize. The Nobel prizes have long been dominated by male scientists, and none more so than physics. Strickland is the first …

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Trump to Meet With Google CEO, Other Tech Heads in October

U.S. President Donald Trump plans to meet with Google CEO Sundar Pichai and other tech executives this month at a social media summit. White House economic adviser Larry Kudlow said Tuesday that the administration hoped Facebook and Twitter would send representatives to the meeting. Kudlow added the event would most likely happen in mid-October, though no date has been set. Prominent conservatives, including the president, have accused Facebook, Google and Twitter of silencing right-leaning voices on their platforms, a suspected practice called “shadow banning.” Kudlow had a meeting with Pichai last Friday, which he described as “great.” Pichai drew flack from senators last month after failing to send an executive to a hearing, and he has agreed appear at another. …

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US Top Court Weighs Death Penalty for Killer Who Forgot Crime

U.S. Supreme Court justices, delving into the issue of aging prisoners with dementia, struggled on Tuesday over whether a convicted Alabama murderer should be spared the death penalty because strokes have wiped out his memory of committing the crime. Vernon Madison, 68, was convicted and sentenced to death for the fatal shooting of a Mobile police officer in 1985. During an hour of arguments, the justices heard from both Alabama and Madison’s attorney that severe cognitive decline could preclude a state from executing inmates who cannot understand what was happening to them. But it was unclear how the court would decide on whether Madison fits that criteria. The justices, on the second day of their new term, must determine whether executing Madison would violate the U.S. Constitution’s Eighth Amendment prohibition against cruel and unusual punishment. A ruling is due by June. Liberal Justice Stephen Breyer, a death penalty critic, noted …

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Mail Addressed to Pentagon Chief Tests Positive for Ricin

Two letters sent to the Pentagon, including one addressed to Secretary of Defense Jim Mattis, have tested positive for ricin, a defense official told VOA Tuesday. The envelopes containing a suspicious substance were taken by the FBI Tuesday for further testing, according to Pentagon spokesman Army Colonel Rob Manning. The two letters arrived at an off-site Pentagon mail distribution center on Monday.  One was addressed to Mattis, the other was addressed to Chief of Naval Operations, Admiral John Richardson, an official told VOA on condition of anonymity. The Pentagon Force Protection Agency detected the substance during mail screening, so the letters never entered the Pentagon building, officials said. “All USPS (United States Postal Service) mail received at the Pentagon mail screening facility [Monday] is currently under quarantine and poses no threat to Pentagon personnel,” according to Manning. Ricin is a highly toxic poison found in castor beans.   …

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2nd Round of Cholera Vaccinations Under Way in Yemen

The World Health Organization and its partners are conducting a second round of cholera vaccinations in Yemen in hopes of staving off a third major wave of this fatal disease. A first round of cholera vaccinations was conducted in August in the Yemeni governorates of Hodeida and Ibb.  They are considered to be the most vulnerable to an escalation of cholera. Seventy-two percent coverage of the target group, has been reached.  That amounts to nearly 390,000 people. In the second round of vaccinations, the World Health Organization reports more than 3,000 local health workers aim to reach an estimated 540,000 people, including children under the age of one. WHO spokesman Tarik Jasarevic says this campaign is a crucial component in various efforts under way to try to prevent another massive outbreak of cholera in Yemen. “We have been seeing the number of cholera cases increasing in Yemen since June and …

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Tesla Worried by China Even as Deliveries Surge

Tesla announced record quarterly car production numbers on Tuesday but warned it was facing major problems with selling cars in China due to new tariffs that will force it to accelerate investment in its factory in Shanghai. The California-based electric carmaker, emerging from several months of turmoil around its Chief Executive Elon Musk, confirmed numbers leaked to an industry news site on Monday that showed it produced roughly 80,000 cars in the third quarter. Deliveries reached a record 83,500, above Wall Street estimates of 80,000 and including almost 56,000 of the Model 3 sedan whose ramp-up is widely seen as crucial to the company’s drive to become profitable. That overshadowed concerns expressed by the company over a 40 percent tariff being charged by China for the import of its cars, which it said was blocking sales in the world’s biggest electric car market. Shares gained 0.5 percent at the open. …

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Google’s First Urban Development Raises Data Concerns

Heated streets will melt ice and snow on contact. Sensors will monitor traffic and protect pedestrians. Driverless shuttles will carry people to their doors. A unit of Google’s parent company Alphabet is proposing to turn a rundown part of Toronto’s waterfront into what may be the most wired community in history — to “fundamentally refine what urban life can be.”   Sidewalk Labs has partnered with a government agency known as Waterfront Toronto with plans to erect mid-rise apartments, offices, shops and a school on a 12-acre (4.9-hectare) site — a first step toward what it hopes will eventually be a 800-acre (325-hectare) development.   High-level interest is clear: Prime Minister Justin Trudeau and Alphabet’s then-Executive Chairman Eric Schmidt appeared together to announce the plan in October.   But some Canadians are rethinking the privacy implications of giving one of the most data-hungry companies on the planet the means to wire up …

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EU Warns Facebook Not to Lose Control of Data Security

The EU’s top data privacy enforcer expressed worry Tuesday that Facebook had lost control of data security after a vast privacy breach that she said affected five million Europeans. “It is a question for the management, if they have things under control,”  EU Justice and Consumer Affairs Commissioner Vera Jourova told AFP in Luxembourg. “The magnitude of the company … makes it very difficult to manage, but they have to do that because they are harvesting the data and they are making incredible money on using our privacy as the commodity,” she added. Jourova spoke just days after Facebook admitted that up to 50 million user accounts around the world had been breached by hackers, in yet another scandal for the beleaguered social platform. “I will know more … in hours or days but according to our knowledge, five million Europeans have been affected out of those 50, which is …

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Melania Trump in Ghana

U.S. First Lady Melania Trump is in Ghana at the start of a tour of Africa — her first major solo international trip since her husband became president. …

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US Pastor’s Lawyer to Lodge Appeal at Top Turkey Court

A lawyer for the U.S. pastor whose detention in Turkey sparked a crisis with Washington will appeal Wednesday to the constitutional court for his release. The move comes ahead of an October 12 hearing in the Andrew Brunson case and amid growing expectations he will be allowed to return home. Since July, Brunson has been under house arrest at his home in the western city of Izmir. Previously, he had been held in jail after being detained in October 2016. His lawyer, Cem Halavurt, told AFP they would lodge the appeal in Ankara at 0700 GMT Wednesday. Brunson, who runs a small evangelical Protestant church in Izmir, is at the center of a bitter standoff between the Turkey and the United States. Washington imposed sanctions on Turkey over the summer and Ankara imposed sanctions of its own, leading to an escalation that prompted a crash in value of the Turkish …

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US NATO Envoy Warns Russia to Halt New Missile Development

The U.S. envoy to NATO on Tuesday said that Russia must halt development of new missiles that could carry nuclear warheads and warned that the United States could “take out” the system if it becomes operational. NATO fears the 9M729 system contravenes the 1987 Intermediate-range Nuclear Forces Treaty, or INF. The Cold War-era pact bans an entire class of weapons — all land-based cruise missiles with a range between 500-5,500 kilometers (310-3,410 miles), and the alliance says that the Russian system fits into that category. “It is time now for Russia to come to the table and stop the violations,” U.S. Ambassador Kay Bailey Hutchison told reporters in Brussels, on the eve of a meeting between U.S. Defense Secretary Jim Mattis and his NATO counterparts. She said that if the system “became capable of delivering,” the U.S. “would then be looking at the capability to take out a missile that …

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Mattis Vows No Cut in Military Support for France in Mali

U.S. Defense Secretary Jim Mattis said Tuesday that the U.S. will not reduce its support for the French-led military operations against insurgents in Mali.   “We have no intention of cutting back one bit on that support,” said Mattis.   Speaking alongside Mattis at a press conference in Paris, French Defense Minister Florence Parly said the Pentagon chief reassured her that any changes in U.S. operations or forces in Africa would not affect support provided to France.   The Pentagon has been reevaluating its troop presence and operations in Africa after the ambush in Niger last year that killed four U.S. soldiers and four of their Niger counterparts. French forces were part of the rescue force that went to the aid of U.S. forces after the Niger attack.   French leaders have previously suggested they’d like to see continued or additional American support in Africa, where militant groups continue to …

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Amazon Raising Minimum Wage for US Workers to $15 Per Hour

Amazon is boosting its minimum wage for all U.S. workers to $15 per hour starting next month. The company said Tuesday that the wage hike will benefit more than 350,000 workers, which includes full-time, part-time, temporary and seasonal positions. It includes Whole Foods employees. Amazon’s hourly operations and customer service employees, some who already make $15 per hour, will also see a wage increase, the Seattle-based company said.   Amazon has more than 575,000 employees globally.   Pay for workers at Amazon can vary by location. Its starting pay is $10 an hour at a warehouse in Austin, Texas, and $13.50 an hour in Robbinsville, New Jersey. The median pay for an Amazon employee last year was $28,446, according to government filings, which includes full-time, part-time and temporary workers.   Amazon said its public policy team will start pushing for an increase in the federal minimum wage of $7.25 per …

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Battle Over Kavanaugh Intensifies Midterm Campaign

In five weeks, U.S. voters head to the polls to elect a new Congress and the outcome will have a profound impact on the next two years of Donald Trump’s presidency. Intensity is building for the Nov. 6 election, especially among opposition Democrats seeking to win back control of the House of Representatives. But the polarizing battle over Supreme Court nominee Brett Kavanaugh seems to be mobilizing voters in both political parties, as we hear from VOA National correspondent Jim Malone. …

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Mexican Auto Parts Makers See New Trade Deal Boosting Output

Auto parts output in Mexico will jump about 10 percent over the next three years as automakers scramble to adhere to stricter content rules laid out in a new North American trade deal, a top industry executive said on Monday. The United States and Canada reached an agreement on Sunday after weeks of tense bilateral talks to update the 1994 North American Free Trade Agreement (NAFTA). Mexico and the United States first brokered a bilateral accord in late August. The new trilateral deal, called the United States-Mexico-Canada Agreement (USMCA), will raise the minimum North American content threshold for cars needed to qualify for duty-free market access to 75 percent from 62.5 percent. “Carmakers, especially Asian and European carmakers, will have to invest more in tools, in North American components to comply with the new content rules,” Oscar Albin, head of Mexican auto parts industry association INA, said in an interview. …

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How NAFTA 2.0 Will Shake Up Business as Usual

American dairy farmers get more access to the Canadian market. U.S. drug companies can fend off generic competition for a few more years. Automakers are under pressure to build more cars where workers earn decent wages. The North American trade agreement hammered out late Sunday between the United States and Canada, following an earlier U.S.-Mexico deal, shakes up — but likely won’t revolutionize — the way businesses operate within the three-country trade bloc. The new United States-Mexico-Canada Agreement replaces the 24-year-old North American Free Trade Agreement, which tore down trade barriers between the three countries. But NAFTA encouraged factories to move to Mexico to take advantage of low-wage labor in what President Donald Trump called a job-killing “disaster” for the United States. Sunday’s agreement is meant to bring manufacturing back to the United States. The president, never known for understatement, said the new deal would “transform North America back into …

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GE, Seeking Path Forward as a Century-old Company, Ousts CEO

General Electric ousted its CEO, took a $23 billion charge and said it would fall short of profit forecasts this year, further signs that the century-old industrial conglomerate is struggling to turn around its vastly shrunken business.   H. Lawrence Culp Jr. will take over immediately as chairman and CEO from John Flannery, who had been on the job for just over a year. Flannery began a restructuring of GE in August 2017, when he replaced Jeffrey Immelt, whose efforts to create a higher-tech version of GE proved unsuccessful.   However, in Flannery’s short time, GE’s value has dipped below $100 billion and shares are down more than 35 percent this year, following a 45 percent decline in 2017.   The company was booted from the Dow Jones Industrial Average this summer and, last month, shares tumbled to a nine-year low after revealing a flaw in its marquee gas turbines, …

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Trump Rallies in Tennessee to Boost Senate Hopeful Blackburn

President Donald Trump is back in Tennessee, trying to push U.S. Rep. Marsha Blackburn’s Senate bid over the finish line.   Trump headlined a high-dollar, closed-door fundraiser for Blackburn in Johnson City before appearing at a packed rally at the Freedom Hall Civic Center.   Blackburn is in a tight race against the state’s Democratic ex-Gov. Phil Bredesen, who, like other Democratic candidates across Trump country, has painted himself as a pragmatist willing to work with the president on certain issues. The Tennessee campaign is among several closely watched races expected to determine control of the Senate, and Republicans are desperate to defend a narrow two-seat majority in the face of surging Democratic enthusiasm.   And the stakes couldn’t be clearer. The rally comes as the FBI is continuing to investigate sexual misconduct allegations against Trump’s Supreme Court nominee, Brett Kavanaugh — an FBI investigation that was forced by a …

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Pew Survey: America’s Image Worsens Under Trump

The image of the United States has deteriorated further among its traditional allies after a year in which President Donald Trump ratcheted up his verbal attacks on countries like Canada and Germany, a leading survey showed. The survey of 25 nations by the Pew Research Center also showed that respondents from across the globe have less confidence in Trump’s ability to lead than they do in Russia’s Vladimir Putin and China’s Xi Jinping. Since taking office in January 2017, Trump has pulled the United States out of international agreements like the Paris climate accord and Iran nuclear deal, cozied up to authoritarian leaders like Putin and North Korea’s Kim Jong Un, and criticized his neighbors and NATO allies. In June, after a G7 summit in Canada, Trump refused to sign a joint statement with America’s allies, deriding his host, Canadian Prime Minister Justin Trudeau, as “very dishonest and weak”. He …

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Obama Backs More Than 200 Democrats Ahead of Midterms

Former President Barack Obama is expanding his influence ahead of November’s midterm elections. On Monday, he released a second slate of endorsements for Democrats running for offices ranging from local to national, bringing the total to more than 300.   Among the most prominent candidates to win Obama’s support are Alexandria Ocasio-Cortez, the Democratic congressional candidate who won an upset primary victory this summer in New York; Andrew Gillum, the Tallahassee mayor who is running for governor in Florida; and Kyrsten Sinema, the Democratic nominee for Senate in Arizona.   While the candidates that Obama endorsed stretch up and down the ballot — from gubernatorial hopefuls to aspiring state lawmakers — he notably declined to wade into several races that have captivated national attention. Obama did not endorse Rep. Beto O’Rourke, the Democrat challenging Sen. Ted Cruz in Texas, or Phil Bredesen, a former Democratic governor of Tennessee who is …

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Trump Hits Brazil, India Commerce After Clinching N. American Trade Deal

Fresh from clinching an updated North American commerce pact, U.S. President Donald Trump on Monday criticized Indian and Brazilian trade tactics, describing the latter as being “maybe the toughest in the world” in terms of protectionism. Addressing reporters at a White House event to celebrate the agreement of an updated trilateral trade deal between the United States, Mexico and Canada, Trump added India and Brazil to a growing list of countries that, he argues, treat the world’s top economy unfairly in terms of commerce. “India charges us tremendous tariffs. When we send Harley Davidson motorcycles, other things to India, they charge very, very high tariffs,” Trump said, adding that he had brought up the issue with Indian Prime Minster Narendra Modi, who he said was “going to reduce them very substantially.” Modi’s office could not immediately be reached for a request for comment. India’s government has become more protectionist in …

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Trump Awards Medal to Soldier for Heroic Action in Afghanistan

A former Army medic who received the nation’s highest military honor Monday for braving heavy gunfire to save lives in Afghanistan was rejected by the military the first time he tried to enlist. “Boy that was a bad mistake. But they made up for it, right,” President Donald Trump said in a formal White House ceremony where 250 people gathered to laud former Staff Sgt. Ronald Shurer II for his heroic actions in 2008 in a remote part of Afghanistan. Shurer, a native of Fairbanks, Alaska, was a senior medical sergeant in the special forces on April 6, 2008 when his team encountered machine gun and sniper fire and rocket-propelled grenades from militants. Shurer stabilized one soldier, then fought his way through a barrage of bullets and up a mountain to the lead members of the unit. There, he treated and stabilized four more soldiers. Shurer helped evacuate them, carrying …

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What to Know About FBI Probe of Brett Kavanaugh

Why is the FBI conducting the probe? All presidential appointees undergo a Federal Bureau of Investigation (FBI) background check — called a Special Inquiry (SPIN) — before their names are sent to the Senate for confirmation. Supreme Court nominee Brett Kavanaugh had undergone six such checks as part of previous government appointments. But after three women came forward last month with accusations of sexual misconduct against Kavanaugh, Democrats demanded a new FBI inquiry. President Donald Trump initially balked at the idea, but on Friday he ordered a one-week probe of the allegations. The about-face came after moderate Republican and frequent Trump critic Sen. Jeff Flake threw his support behind the Democratic call for an investigation.   What is the FBI doing? The FBI is conducting a supplemental background check on Kavanaugh, rather than a criminal investigation, in light of the sexual assault allegations. Pete Yachmetz, a former FBI special agent and security …

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