Share to Twitter Share to Linkedin What Happened In 2022 Even before a months-long winter engulfed the digital-assets market, 2022 was shaping up as the year that Washington began to get serious about regulating the cryptocurrency business. That resolve was bolstered throughout the year by a series of calamities that included a massive stablecoin failure of terraUSD and the associated luna, with contagion effects that impacted BlockFi, Celsius Network and Voyager Digital exchange that called into question the ability of crypto exchanges to be digital asset custodians that would protect investors’ assets. Essentially, the crypto industry managed to recreate the same risks of the traditional banking system, in which the institutions that were responsible for holding customer’s assets were simultaneously lending funds, leading to leverage, liquidity and capital conflicts. Before the year could end, the third-largest exchange, FTX – previously seen as a … [Read more...] about 2022 Year In Review: Crypto Policy Experiences Massive Turbulence In Congress Amid TerraUSD And FTX Failures
Expected national curriculum levels year 7
National Hydrogen Mission policy’s second part likely to be announced by December: MNRE officials
Representative image The union government is likely to release the second part of the green hydrogen policy in December this year, senior officials in the ministry of new and renewable energy (MNRE) said on October 11. The second part is expected to detail the economic benefits of manufacturing it. The Ministry of Power notified the first part of the National Hydrogen Mission policy on green hydrogen and green ammonia on February 17. The second phase was under consideration by the central government’s expenditure finance committee at the time and the ministry has said it will be announced soon. “Now the second phase or rather a comprehensive green hydrogen policy is in the final stages. It is yet to be tabled before the Cabinet though. Once it is approved by the Cabinet, the document will be notified. But, it will in fact be released in the form of one comprehensive policy document outlining India’s green hydrogen mission,” said AK Tripathi, advisor, MNRE. Green hydrogen … [Read more...] about National Hydrogen Mission policy’s second part likely to be announced by December: MNRE officials
New WHO air-quality guidelines aim to cut millions of deaths linked to fossil fuels
Representative image | Image: Shutterstock The World Health Organisation (WHO) on Wednesday issued its first air quality guidelines since 2005 aimed at reducing deaths from key pollutants that cause cardiovascular and respiratory diseases. The United Nations agency, in advice to its 194 member states, slashed the recommended maximum levels for several pollutants, including particulate matter and nitrogen dioxide, both of which are found in fossil fuel emissions. ALSO READ: WHO says air pollution kills 7 million a year, toughens guidelines "Air pollution is one of the biggest environmental threats to human health, alongside climate change," it said. The WHO cited "clear evidence" of the damage inflicted by air pollution on human health "at even lower concentrations than previously understood". Read More "WHO has adjusted almost all the air quality guidelines' levels downwards, warning that exceeding the new air quality guideline levels is associated … [Read more...] about New WHO air-quality guidelines aim to cut millions of deaths linked to fossil fuels
Teachers Need The Why, The What, And The How For Change To Happen
Share to Twitter Share to Linkedin There’s a dizzying amount of activity going on in some states and school districts, spurred by the push to bring classroom practice in line with the “science of reading.” But not all of that activity translates into better reading instruction. Some teachers are being required to take rigorous courses that ask them to re-examine and abandon deeply held beliefs about how children learn to read. Even if they become convinced that change is needed—that is, they have the why— they may not be equipped to put their new understanding into practice. Other teachers are simply being asked to follow a radically different kind of literacy curriculum. They have the what— the instructional materials. But they may not understand why change is necessary. That could lead them to depart from the new curriculum or implement it in a way that doesn’t work. Even if teachers have both the why and the what , a radical shift in … [Read more...] about Teachers Need The Why, The What, And The How For Change To Happen
Intense rain, choked infrastructure: Why urban India sinks every monsoon
Not just Bengaluru, many towns and cities across India — Jodhpur, Patna, Guwahati, Silchar, Surat, Ahmedabad, Mumbai and Gurugram (above), to name a few — were flooded after spells of intense rain that overwhelmed their poor and choked urban infrastructure. (Image: @ashwinning/Twitter) While there are a host of manmade and natural factors behind the increasing incidence of floods in Indian cities, it is the former that is more to blame, experts have warned, emphasising that the environment must be respected and things set right before it is too late. Unplanned construction in low-lying areas and wetlands, rampant concretisation, choked and overwhelmed storm-water drains, as well as disappearing water bodies and natural water channels are responsible for urban floods, which throw life out of gear in cities every monsoon. A spurt in spells of very heavy rainfall in short durations triggered by erratic weather patterns is a double whammy for already-choked urban infrastructure, … [Read more...] about Intense rain, choked infrastructure: Why urban India sinks every monsoon
Union Minister Bhupender Yadav inaugurates Delhi’s first functional smog tower
Smog tower in Anand Vihar, Delhi, Union Minister Bhupender Yadav on the occasion of the second International Day of clean Air For Blue Skies, virtually inaugurated the first functional smog tower at Anand Vihar, Delhi. The inauguration of the smog tower comes a month before the pollution level increases in Delhi usually due to stubble burning by the farmers in neighbouring states. Delhi's pollution is widespread concern for overall pollution levels. Minister for environment, forest and climate change, Yadav, while inaugurating the smog tower expressed hope that the smog tower project will yield fruitful results and supplement the air quality improvement efforts. Earlier in August this year, Delhi Chief Minister Arvind Kejriwal also inaugurated a smog tower at Connaught Place that's supposed to purify 1,000 cubic metres of air per second within a radius of around 1 km. A smog tower is a structure designed as a large/medium scale air purifier to reduce air pollution, … [Read more...] about Union Minister Bhupender Yadav inaugurates Delhi’s first functional smog tower
The Job Market Is Defying Economic Gravity
The economy is slowing down and inflation is cooling, with no mass layoffs in sight—that’s not supposed to happen. Friday’s news that employers kicked hiring into high gear in January by adding 517,000 jobs came as a surprise for a number of reasons. Layoffs at Google ( GOOGL) and other tech companies have dominated headlines . Other parts of the economy have been slowing down , with a multitude of indicators flashing warning signs of a recession. The domino effect of a slow down usually causes a surge in the unemployment level, and economists had expected those headwinds to at least curb the pace of job gains. “It’s clearly the tale of two economies,” said Ryan Sweet, chief U.S. economist at Oxford Economics. “The labor market is extremely tight. It's very strong, but the rest of the economy is slowing down.” Those two things don’t usually go together, but the pandemic may have overturned the old rules. “Historical experience may prove to be misleading in 2023,” said … [Read more...] about The Job Market Is Defying Economic Gravity
What Can Past Technological Revolutions Tell Us About Today?
Share to Twitter Share to Linkedin While the furor around robots taking our jobs has largely died down in recent years (not least due to the lack of any real evidence that it's happening), it remains inevitable that the introduction of new technologies will cause disruption in the labor market. "Throughout history the introduction of new technologies has had an inevitable impact on the labour market, whether through displacing jobs, creating new ones, or significantly altering those that already exist," Alexander Dick, Executive Chairman of cloud technology firm VeUP says. "Technologies like AI and robotics are not going to be any different and we're already seeing this across the economy at the moment, with some new jobs being created, some being displaced, and many being altered by the introduction of these new technologies." Research from the Kellogg School explores historical periods of technology-driven disruption to see if there are any patterns … [Read more...] about What Can Past Technological Revolutions Tell Us About Today?
Just How Bad Is It? Here’s The Economic Damage The Coronavirus Will Cause, According To Major Banks
Share to Twitter Share to Linkedin Topline: As the coronavirus continues to roil stock markets and leads to widespread business shutdowns across the country, a growing number of top banks on Wall Street have been issuing increasingly dire forecasts on the economic turmoil caused by the pandemic, with many saying that a recession will hit in 2020—if it hasn’t already done so. Goldman Sachs economists on Friday forecast an unprecedented 24% hit to U.S. second-quarter GDP, following a 6% decline in the first quarter, due to coronavirus; the bank also expects unemployment to surge to 9% and full-year GDP for 2020 to fall 3.8% on an annual average basis. Bank of America warned late on Thursday that a recession due to the coronavirus pandemic is already here: “Jobs will be lost, wealth will be destroyed and confidence depressed,” the bank’s U.S. economist, Michelle Meyer, wrote in a note, as the Bank of America also forecast the economy to … [Read more...] about Just How Bad Is It? Here’s The Economic Damage The Coronavirus Will Cause, According To Major Banks
Stubble burning share in Delhi’s pollution rises to 26%
(Image: AP) The share of stubble burning in Delhi PM2.5 pollution rose to 26 per cent on Sunday, the highest this year so far, amid an increase in farm fires and favourable conditions for transport of emissions to Delhi-NCR. On Saturday, farm fires accounted for 21 per cent of the PM2.5 pollution in the national capital. PM2.5 are fine particles that are 2.5 microns or less in diameter and can travel deep into the respiratory tract, reaching the lungs and entering the bloodstream. The contribution of stubble burning to Delhi's PM2.5 pollution remained low (up to 7 per cent) till Friday due to a prolonged rain spell in early October and slow transport-level winds which were not strong enough to carry smoke from farm fires to the national capital. On Diwali (October 24), stubble burning contributed five to eight per cent to the total PM2.5 pollution in Delhi. Read More The share of farm fires in Delhi's PM2.5 pollution was 25 per cent on Diwali in 2021, 32 … [Read more...] about Stubble burning share in Delhi’s pollution rises to 26%