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Visualizing How Long Each Generation Can Survive Without Income?

Visualizing How Long Each Generation Can Survive Without Income?

With nearly half of people under 34 worldwide unable to cover their needs for a month or less without income, it is no surprise that financial resiliency is a hot topic.

So, for this graphic, Visual Capitalist has partnered with Lloyd’s Register Foundation to explore economic resilience further and determine how long the average person can afford to cover their needs without income.

World Risk Poll 2024 Report: Economic Resilience

Lloyd’s Register Foundation produces the World Risk Poll every two years in partnership with Gallup, and the World Risk Poll 2024 report explores the everyday risks of 147,000 people from 142 nations.

They asked respondents how long they could afford to cover basic needs, such as food, transport, and shelter, if they lost all income. 

Here’s what they found:

The results reveal a distinct trend across all age groups, with respondents typically falling into two categories: those with one month or less of financial runway, and those with more than four months. Relatively fewer respondents reported being able to survive two to three months.

National Economic Resilience

The nation where a person lives also significantly contributes to their ability to cover their basic needs.

The divide is particularly sharp between the percentage of respondents who could only cover their needs for a week or less and those who could cover their needs for a month or more—a tiny minority in developed economies, but a significant share of respondents from some developing nations.

Engineering a Safer World

The World Risk Poll 2024 report has revealed a weakness in global economic resilience. Younger individuals and those in developing countries are at higher risk than older individuals or those in developed countries.

The report shines a light on the risks ordinary people face, such as how long they can cover their needs without income. However, the World Risk Poll 2024 report also highlights many more risks, such as global plastic waste, people’s safety at work, and the threat of climate change.

Tyler Durden
Mon, 06/24/2024 – 23:20

Would Russia Aid China In An Invasion Of Taiwan?

Would Russia Aid China In An Invasion Of Taiwan?

Authored by Audrey Oien via RealClearDefense,

If China were to invade Taiwan, it is likely that Russia would provide Beijing with military, economic, or political assistance. While some experts have argued Ukraine and Taiwan are not the same situation, there are nonetheless lessons that can be drawn from Russia’s war in Ukraine, as well as insight from U.S. officials that can be drawn upon to come to this conclusion. 

Over the last several years, Russia and China have grown closer in many ways, including through increased military cooperation. Of the numerous joint exercises that have been held, ones that stand out are joint naval drills and air force patrols over the East China Sea. The naval drills began in 2022 and are the closest that joint drills have been held to the Taiwan Strait. Joint exercises are not a smoking gun, but concern from American officials may be a reliable indicator that this is worth paying attention to. 

In early May, two American intelligence officials testified before the Senate Armed Services Committee that increased Sino-Russian military cooperation has prompted new planning in the Department of Defense. Director of National Intelligence Avril Haines stated that China and Russia are exercising together in relation to Taiwan for the first time, and that “China definitely wants Russia to be working with them.” She then said, “we see no reason why they wouldn’t” work together. Answering a follow-up question from Senator Mike Rounds, Haines confirmed that in the event of a conflict with Russia or China, a second front opening with the other is possible, with the likelihood depending on the scenario. U.S. Air Force Lieutenant General Jeffrey Kruse testified that Russian and Chinese military forces “would certainly be cooperative,” if not interoperable. 

But on what grounds would Russia assist China? Why would it be willing to aid Beijing in an invasion that would likely be met with a response from the United States and its allies? The most simple answer is because China did it for Russia. Russian President Vladimir Putin is now indebted to Chinese President Xi Jinping, whether he realizes it or not. And no, the debt is not payable by monetary means. Putin will be able to pay his debts to Xi for his assistance in a war that has turned Chinese public opinion toward Ukraine, led to sanctions, and affected Xi’s image by providing assistance if, or when, China invades Taiwan.

To get a better idea of what this assistance could look like, one can take a look at how China has aided Russia’s war in Ukraine. According to U.S. officials, China has helped supply Russia with dual-use material like optics, microelectronics, and drone engines to boost Moscow’s arms production, as well as provided Moscow with cruise missiles and machine tools for ballistic missiles. U.S. intelligence claims that Russian and Chinese groups have worked together to jointly produce drones inside Russia. It was also reported that a Chinese government agency established to promote trade with Russia has been attempting to source drone detectors and jammers, likely to supply Moscow with. U.S. officials further claimed that China helped Russia improve satellite and other space-based capabilities, as well as provided satellite imagery. Additionally, it was reported that China supplied Russia with 90% of the chips it imported in 2023 which were used to make missiles, tanks, and aircraft. The British Defense Minister has also accused China of providing or preparing to provide Russia with lethal aid. 

Beyond providing this military equipment, China has continued support for Russia in its wartime by working together to avoid taxes and evade Western sanctions on goods like copper. And, China has increased imports of Russian gas and oil since the war began, as imports from the US, UK, and EU have dropped due to sanctions. Politically, Ukrainian leader Volodymyr Zelenskyy accused China of using its influence and diplomats to help Russia disrupt the 15-16 June peace summit on Ukraine in Switzerland by encouraging other countries not to attend.

Russian support during a Chinese invasion of Taiwan could follow in a similar vein. Or, Xi may be able to pressure Putin into providing something more than what Beijing has done for Moscow. Analysts have maintained that Beijing holds the upper hand in the Sino-Russian partnership. While the relationship has been described as having no limits, it is not a relationship between two equals. Russia’s economic dependence on China puts Putin in a vulnerable position, with little room to say “no.” 

The capacity in which Russia may offer China assistance during an invasion of Taiwan can be debated. Several factors would come into play, including the length of the conflict and those involved, specifically the degree to which the US would respond. Would the invasion take less than an hour, as one expert claims? Or would the conflict become drawn out and turn into a hot war with the US? Regardless of the exact scenario that could play out, Russia would most likely aid China in some capacity. Whether its military support during the invasion, economic assistance and support following an invasion, or political and diplomatic support, China’s role in the Sino-Russian partnership and demonstrated support for Russia during the war in Ukraine places it in a position to solicit some form of assistance from Moscow during an invasion of Taiwan. While this reasoning could stand on its own, it is supported by U.S. officials’ testimony that the U.S. Department of Defense is reconsidering its planning and preparedness to account for cooperation between Russia and China during a conflict.

Audrey Oien is a Research Analyst at RANE, primarily focusing on the Asia-Pacific. 

Tyler Durden
Mon, 06/24/2024 – 23:00

Americans And Their Passwords: It’s Complicated!

Americans And Their Passwords: It’s Complicated!

Aside from presenting its big push into AI, Apple also unveiled a new Passwords app as part of its upcoming software releases. Built on the foundation of Keychain, the new app will enable users to store and access passwords, passkeys and other login credentials across Apple devices and on Windows PCs, helping them manage the multitude of logins that our digital lives require.

As Statista’s Felix Richter notes, with the new tool, Apple is addressing a problem that many people have these days, as they’re forced to perform a balancing act between picking passwords that are safe and still somehow easy enough to remember.

Infographic: Americans and Their Passwords: It's Complicated! | Statista

You will find more infographics at Statista

According to a recent Pew Research Center survey, 69 percent of U.S. adults feel overwhelmed by the numbers of passwords they have to keep track of, and 41 percent always or often write down their passwords – a practice that is not recommended by security experts.

Password managers such as Apple’s new app can help address this problem, but so far they’re not so far spread.

According to Pew’s findings, just 32 percent of respondents used a password manager at the time of the survey in May 2023, up from 20 percent in 2019.

Tyler Durden
Mon, 06/24/2024 – 22:40

Waste Of The Day: Newsom Wants Stronghold Over California Taxes

Waste Of The Day: Newsom Wants Stronghold Over California Taxes

Authored by Adam Andrzejewski via RealClearInvestigations,

Topline: California voters may soon have a more direct voice in approving their sky-high tax rates — unless Gov. Gavin Newsom and other top Democratic lawmakers have something to say about it.

Newsom’s attorneys are asking the state Supreme Court to remove an upcoming ballot measure that would require new taxes to be approved by voters, not just lawmakers.

Key facts: The proposed Taxpayer Protection and Government Accountability Act would stop new state taxes from being enacted without support from two thirds of the Legislature and a majority of voters. New local taxes would need approval from two thirds of city voters.

Democrats hold supermajorities in both houses of the California Legislature. Top politicians are backed by labor unions and big-city mayors in their effort to stop the ballot measure, according to Politico. Their attorneys say the proposal unconstitutionally removes elected officials’ ability to raise revenue.

The campaign in support of the ballot measure is funded mostly by real estate moguls and the California Business Roundtable, which brings together executives from the largest employers in the state.

The CA Supreme Court heard arguments in May, but Politico reports that justices seem willing to let the measure go to voters in November and then rule on its constitutionality if it passes.

California collected $280.8 billion in taxes in 2022, more than double any other state. That’s $7,195 per person, also the most in the nation.

Background: OpenTheBooks has spent years covering the questionable Newsom and his conflicts of interest or wasteful spending.

It took OpenTheBooks.com ten years to force open the California state checkbook. Then, we found that Gov. Newsom solicited up to 1,000 state vendors, their key employees and executives, for $10.6 million in campaign donations. Those companies received $6.2 billion in state payments during FY2021.

Newsom’s administration also sent $2.3 million to Gender Spectrum, a nonprofit that supports kindergarten students’ “gender journey” and encourages students to invent their own gender.

Critical quote: Carolyn Coleman, CEO of the League of California Cities, told the Associated Press that the ballot measure puts 100 local taxes worth over $2 billion at risk.

“We’re raising the resources to fill potholes, so that we can support affordable housing in our community, so we can work to address homelessness, so that when you dial 911 there’s somebody there to answer the phone — not in two minutes — but in 30 seconds,” Coleman said.

Supporting quote: Lawyers supporting the ballot measure told justices, “Our constitution, since its inception, has stated that all political power is inherent in the people. It has stated that the people have the power to reform and alter their government whenever they decide it needs reform … The people have the last word.”

Summary: America was founded on the with three important word, “We The People…” California must allow that to happen.

The #WasteOfTheDay is brought to you by the forensic auditors at OpenTheBooks.com

Tyler Durden
Mon, 06/24/2024 – 22:00

Widely Used And Deemed Safe, These Food Additives Are More Harmful Than Thought

Widely Used And Deemed Safe, These Food Additives Are More Harmful Than Thought

Authored by Flora Zhao via The Epoch Times (emphasis ours),

On her first day after moving from Australia to the United States, Elizabeth Dunford walked into a supermarket to buy bread. As a researcher of food additives, she instinctively glanced at the ingredients label.

“Why are there so many additives?” she exclaimed in surprise. Nearly every loaf she picked up contained ingredients that made her uneasy. After lingering by the shelves, she reluctantly chose a bag.

“At that moment, I thought: It looks like I will have to choose the best from the worst when shopping in the future,” Ms. Dunford, project consultant for The George Institute for Global Health and adjunct assistant professor in the Department of Nutrition at the University of North Carolina, told The Epoch Times.

(Illustration by The Epoch Times, Shutterstock)

Today, over 73 percent of the U.S. food supply is ultra-processed. While both natural and ultra-processed foods are referred to as “food,” there is a vast difference between them. For instance, ultra-processed foods are not grown in soil but manufactured in factories, using many ingredients that cannot be found in the average home pantry.

Beyond conventional additives such as preservatives, colors, and flavorings, many new additives are emerging. Stabilizers, emulsifiers, firming agents, leavening agents, anti-caking agents, humectants, and more have been invented to modify and improve the taste and texture of food.

The U.S. Food and Drug Administration (FDA) lists at least 3,972 substances added to food.

Perhaps driven by a growing desire for richer and more varied flavors or by the pressures of fast-paced living, people have become accustomed to these substances, even considering them a natural part of the modern diet.

Then and Now

In the old days, families used salt and vinegar to preserve food. But with the advent of the industrial age, people became increasingly reliant on ready-made foods available on supermarket shelves.

“By the mid-20th century, more and more food additives were being used,” said Mona Calvo, who has a doctorate in nutritional sciences and is an adjunct professor in the Department of Medicine at the Icahn School of Medicine at Mount Sinai. Only recently have people begun to pay closer attention to what goes into the foods they eat.

People have become increasingly reliant on ready-made foods. Employees supervise chicken pieces being processed into nuggets on a conveyer belt. (Alain Jocard/AFP via Getty Images)

In the 1950s to 1970s, the FDA began evaluating the safety of common food additives, Ms. Calvo told The Epoch Times.

“A safety assessment involves the scientific review of all relevant data, including toxicology and dietary exposure information,” an FDA spokesperson told The Epoch Times. These include tests conducted on rodents and cells. The ingredients will be added to food after the FDA gives its approval.

Consumers can identify what is in their packaged foods by the nutrition facts and ingredient labels, said Ms. Calvo.

Among the most widely used FDA-approved substances added to food, many have a safety classification known as “generally recognized as safe” (GRAS) based on their extensive historical use before 1958 or their safety evaluation in the 1970s or more recently.

However, many people may not realize that substances classified as GRAS often lack an upper limit on the amount that can be added to food. In many cases, the quantity added is based on Current Good Manufacturing Practice (CGMP) guidelines. Ms. Calvo explained that if a manufacturer adds an excessive amount of an additive during production, which makes it unpopular among consumers, it could affect product sales. In other words, the amount of substances added is left to the manufacturer’s discretion.

Over time, GRAS classification may be withdrawn for certain substances if the FDA is presented with compelling evidence of safety concerns associated with its use. A notable example is the official removal of trans fats from the GRAS list in 2015.

Ms. Calvo pointed out another unresolved issue: There is no oversight on how much of these additive-containing foods people actually consume.

“Many of the commonly used food additives were granted GRAS approval between 1970 and 1975, when people could not foresee the situation today,” she said. During that era, fewer women worked outside the home, and people consumed more home-cooked meals made from natural ingredients. With the prevalence of ultra-processed foods in today’s diet, the consumption of certain additives has naturally exceeded initial expectations.

The FDA officially removed trans fats from the GRAS list in 2015. (Spencer Platt/Getty Images)

After an additive is approved for a specific function, food manufacturers often quickly incorporate it into a wide range of products, including breads, cookies, instant soups, sausages, and frozen, prepackaged meals.

Dr. Jaime Uribarri, a nephrology specialist at the Icahn School of Medicine at Mount Sinai who has long been concerned about specific food additives, told The Epoch Times that “once an additive-containing packaged food is in the marketplace, the FDA does not have a mechanism for regularly testing its safety, such as through periodic sampling checks.”

The Useful and the Unnecessary

Objectively speaking, some food additives may offer more benefits than drawbacks, said Ms. Dunford.

Preservatives, for example, help extend the shelf life of food. Adding a moderate amount of nitrites to cured meats can prevent botulism, a serious condition.

However, she pointed out that many additives that enhance color, flavor, and other sensory aspects are “essentially not necessary.”

Scientists have demonstrated in various studies the health hazards of consuming ultra-processed foods, including their close association with early death, cardiovascular diseases, mental disorders, respiratory diseases, metabolic syndrome, and cancer.

Specifically, a cohort study involving nearly 45,000 middle-aged and older individuals in France found that for every 10 percent increase in the intake of ultra-processed foods, the risk of all-cause mortality increased by 14 percent. According to a 2024 umbrella review published in the BMJ, convincing evidence has been found linking ultra-processed food to a 50 percent increase in cardiovascular disease mortality, a 53 percent increase in common mental disorder outcomes, and a dose-dependent 12 percent increase in diabetes risk.

Ultra-processed food is linked to significant increases in cardiovascular disease mortality, mental disorder outcomes, and diabetes risks. (The Epoch Times)

While part of the increased risks can be attributed to the use of high-sugar, high-salt, high-fat, and low-fiber ingredients, some additives previously thought to be safe also warrant attention.

“Phosphate additives is one that I’m very wary of,” said Ms. Dunford.

Phosphate Additives

A 2023 study published in the Journal of Renal Nutrition found that of all the 3,466 U.S. packaged foods tested, over half contained phosphate additives.

Phosphate additives encompass a range of substances with various functions, such as stabilizing, thickening, emulsifying, adjusting acidity and alkalinity, improving texture, enhancing flavor, providing antioxidant properties, preserving, and coloring. Some phosphates serve multiple functions simultaneously.

Multiple studies have shown that the health hazards associated with consuming ultra-processed foods are linked to a high intake of inorganic phosphates.

The body’s absorption rate and utilization efficiency for phosphorus vary depending on the source. When a person eats natural foods, the release of phosphorus is relatively slow, and not all of it is absorbed. In contrast, inorganic phosphate food additives are quickly absorbed into the bloodstream, significantly increasing blood phosphate levels and releasing hormones that promote phosphate excretion. These hormones can have a range of adverse effects on the cardiovascular system, kidneys, and bones, resulting in reduced vitamin D levels, bone loss, vascular calcification, and impaired kidney filtration capacity.

Using inorganic phosphate additives in animal or cell experiments results in immediate side effects. “That gives you enough rationale to suspect that these may happen also in humans,” said Dr. Uribarri.

Read more here…

Tyler Durden
Mon, 06/24/2024 – 21:40

“Julian Is Free!” Assange Released After ‘Time Served’ Plea Deal With DOJ, Departs For Home

“Julian Is Free!” Assange Released After ‘Time Served’ Plea Deal With DOJ, Departs For Home

Update(2124ET): WikiLeaks has released its first footage showing Julian Assange as a free man, emerging from Belmarsh prison looking triumphant and joyous, and soon after boarding a plane to his native Australia…

Below is the official statement from WikiLeaks:

JULIAN ASSANGE IS FREE Julian Assange is free. He left Belmarsh maximum security prison on the morning of 24 June, after having spent 1901 days there. He was granted bail by the High Court in London and was released at Stansted airport during the afternoon, where he boarded a plane and departed the UK. This is the result of a global campaign that spanned grass-roots organisers, press freedom campaigners, legislators and leaders from across the political spectrum, all the way to the United Nations.

This created the space for a long period of negotiations with the US Department of Justice, leading to a deal that has not yet been formally finalised. We will provide more information as soon as possible. After more than five years in a 2×3 metre cell, isolated 23 hours a day, he will soon reunite with his wife Stella Assange, and their children, who have only known their father from behind bars.

WikiLeaks published groundbreaking stories of government corruption and human rights abuses, holding the powerful accountable for their actions. As editor-in-chief, Julian paid severely for these principles, and for the people’s right to know. As he returns to Australia, we thank all who stood by us, fought for us, and remained utterly committed in the fight for his freedom. Julian’s freedom is our freedom.

Below is a video statement from his wife, Stella Assange:

* * *

In a shocking turn of events, Julian Assange will plead guilty to leaking US national security secrets and return to his native Australia, under a deal with Biden’s DoJ that ends a nearly 15-year battle nightmare for the WikiLeaks founder.

After spending more than a decade holed up and imprisoned in London – mainly to avoid being sent to the US – Assange, 52, is expected to be sentenced to time served (62 months in a Belmarsh prison – a high security facility in South-East London) during a court appearance Wednesday in Saipan, in the US Northern Mariana Islands, avoiding a potentially lengthy sentence in an American prison.

Prosecutors had been in talks with Assange to resolve the 2019 case, The Wall Street Journal reported in March, with one sticking point being Assange’s desire to never set foot in the United States.

To enter a felony plea, defendants generally have to show up in person in court. 

Assange’s team had floated the possibility of pleading guilty to a misdemeanor, the Journal reported, which would mean Assange could enter the plea remotely.

The Justice Department and Assange’s legal team reached a compromise under which Assange wouldn’t have to travel to suburban Virginia, where the original case is filed, and prosecutors could still get a felony plea, the people said.  

As The FT reports, the agreement aims to resolve what has been a remarkable stand-off between the DoJ and Assange, who has become one of the world’s most controversial advocates for government transparency and whose legal troubles have spanned multiple countries. 

The plea deal also offers a neat solution to what was becoming an increasing political headache for the U.S. government. 

Earlier this year, Australian Prime Minister Anthony Albanese said he hoped the U.S. could find a way to conclude the case against Assange, and lawmakers there passed a motion calling for Assange to be allowed to return to his native home. German Chancellor Olaf Scholz has also weighed in, saying that the British courts should not extradite Assange to the U.S. In February, the United Nations special rapporteur on torture, Alice Jill Edwards, said Assange shouldn’t be extradited to the U.S. to face trial, saying he suffered from “depressive disorder” and was at risk of being placed in solitary confinement.

Finally, while this is excellent news for Assange and his family – and journalistic freedom everywhere – we can’t help but wonder if this outstanding result would have occurred were it not for Biden heading into the first debate with Trump with his poll numbers in the toilet…

Who cares! They are; and Julian is free…

Tyler Durden
Mon, 06/24/2024 – 21:24

Domino’s Still Dominates The US Pizza Market

Domino’s Still Dominates The US Pizza Market

About 3 billion pizzas are sold annually in the United States. In 2022, pizza restaurant sales in the U.S. reached an all-time high of $46.9 billion, an increase of roughly $10 billion compared to just a decade prior.

This graphic, via Visual Capitalist’s Marcus Lu, lists the top 10 U.S. pizza chains based on 2022 sales figures.

This data was accessed via Statista (published June 2023).

Domino’s Domination

Domino’s is the biggest pizza chain in the U.S. by sales, reaching $8.6 billion in revenue in 2022. The brand is also found in 90 other countries around the globe, including stores on every continent except Antarctica.

According to Domino’s main website, there are over 20,500 locations worldwide, which collectively serve over 1 million customers per day.

Domino’s is followed by Pizza Hut with $5.3 billion in revenue. Little Caesars, with $4.7 billion, completes the top three.

The top end of this ranking contains household names, but regional pizza chains also make the cut. Jet’s Pizza is popular in the Great Lakes region, and most Hungry Howie’s locations can be found in Michigan and Florida.

The overall number of pizza restaurants in the U.S. has been on the rise, reaching more than 80,000 units in 2022.

If you enjoyed this post, be sure to check out this graphic, which visualizes the change in market share of U.S. carbonated soft drinks between 1995 and 2023.

Tyler Durden
Mon, 06/24/2024 – 21:20

Playing Politics With Crime In California

Playing Politics With Crime In California

Authored by Susan Crabtree via RealClearPolitics,

California’s fierce political battle over crime and retail theft faces a key test this week as divided Democrats in the legislature address efforts by Gov. Gavin Newsom and his allies to undermine a public-safety ballot initiative.

The ballot initiative would overhaul Proposition 47, a law voters approved in 2014 that lowered certain theft and drug crimes from felonies to misdemeanors partly as a way of reducing prison overcrowding.

Newsom was among the first elected officials to support Proposition 47, a ballot initiative written by reform-minded George Gascon, who was then the district attorney in San Francisco. (In an unusual move, Gascon is now the DA in Los Angeles.)

But the pendulum has now swung in the other direction, with critics blaming Prop 47 for the steep rise in retail theft and smash-and-grab “mob” robberies of both high-end department stores and convenience stores that have plagued retailers across the state.

Californians for Safer Communities, a bipartisan group made up of law enforcement officials, elected officials, and businesses, including Walmart and Target, collected more than 900,000 signatures in support of a ballot initiative that would reform Prop 47 by increasing penalties for criminals. In early June, the initiative qualified for the November ballot, a move Newsom and liberal supporters in the state legislature opposed.

Instead of letting voters decide its fate, Newsom and his allies, which includes Assembly and Senate leaders, pushed a raft of public safety bills aimed at addressing organized retail theft, car break-ins, and other crimes. They are also working hard to thwart a separate ballot initiative sponsored by the California District Attorneys Association, which has attracted widespread Republican and law enforcement support.

Democrats in the state Assembly added “inoperability” clauses to the proposed public safety bills to prevent them from going into effect if voters approve the ballot initiative aimed at reforming Prop 47. They contend that such clauses are needed to ensure that the law is consistent.

Critics of the move argue that the Democrats’ “poison pill” measure is designed solely to circumvent California’s storied referendum process. Instead of letting voters determine the ballot initiative’s fate, Newsom and his allies are trying to undermine it apparently because they fear it could attract strong support – with the added impact of helping Republicans in key Congressional races this fall.

“Democrats need to stop playing politics with public safety and let voters decide on fixing Prop. 47,” Assembly Republican Leader James Gallagher said in a statement. “These poison pills show that Democrats aren’t serious about ending the crime wave – they just want to look like they’re doing something because their years-long support for criminals has become a political liability.”

The machinations to undermine a ballot initiative on crime came the same week the California Supreme Court unexpectedly rejected another referendum that had attained enough signatures to qualify for the November ballot but which Democrats opposed. The court stopped a sweeping proposal that would have made it far more difficult for lawmakers to raise taxes and fees across the state. The justices unanimously ordered that the measure be kept off the ballot, finding it unconstitutional – even though it was an effort to amend California’s Constitution.

Republicans and conservative activists who backed and financed the initiative, which they say had collected more than 1.4 million signatures, are fuming over the move. Carl DeMaio, a candidate for state Assembly and chairman of the group that helped collect the anti-tax initiative signatures, said the state liberal justices sided with “corrupt politicians” to strip citizens of their rights to qualify propositions for the ballot.

Several other ballot initiatives aimed at increasing taxes are slated for the November ballot, and now citizens won’t have a countermeasure to vote on, he said. “The bottom-line remains: Californians cannot afford our state’s high taxes and cost of living – and until we fix the cost crisis, Californians will continue to flee this state,” DeMaio tweeted.

Regarding Democratic leaders’ efforts to thwart the Prop 47 reform measures, Republicans got a surprise assist from several normally skeptical journalists. George Skelton, the longtime Los Angeles Times columnist and dean of the California press corps, wrote a column last week headlined: “Stop playing politics on retail theft.”

“…Democrats cynically intend to insert a ‘poison bill’ that would automatically kill their own legislation if a rival tough-on-crime ballot measure is approved by voters in November,” he wrote. “To normal people, that must seem bizarre.”

 “Democrats fear the ballot measure so much they’re offering its backers an offer they can’t refuse,” Skelton added. “At least that’s the Democrats’ hope. The message: Take what you can get immediately from the legislation – or risk losing it if the ballot measure passes.”

Criticism only increased over the week after CBS New California broke a story revealing that Newsom’s chief of staff would not negotiate to strengthen the Democratic package of crime bills unless the coalition backing the Prop 47 reform ballot initiative agreed to postpone that effort.

In leaked emails, Newsom Chief of Staff Dana Williamson told Greg Totten, the coalition’s lead negotiator, that Democrats would be willing to negotiate on its package of crime bills – but only if the matter was tabled until 2026. “As I noted previously, our focus is on amending Proposition 47 on the 2024 ballot,” Totten replied. “If the administration is prepared to consider an amendment of Proposition 47 on the 2024 ballot, then we are happy to meet.”

Williamson then abruptly cut Totten off. “If that’s your position, then I agree, there’s nothing to talk about.” She added, “It’s really amazing how you are incapable of taking a win. And the consultants you’re working with haven’t won anything in a decade. Good luck.”

Republicans and journalists aren’t the only ones who find the inoperability clauses disingenuous. At least three Democratic state lawmakers removed their names from retail theft bills included in the package after the clauses were added, and district attorneys and law enforcement associations in their districts pulled their support.

Assemblyman Kevin McCarty, who chairs the Public Safety Committee, yanked his support from the retail theft bill package because of the added inoperability clauses.

“Unfortunately, I can’t support the retail theft package, which contains my Retail Theft Accountability bill, AB 1794, with the poison pill non-operative amendments included,” McCarty noted. McCarty is running for mayor of Sacramento and has positioned himself more to the center while facing a progressive opponent.

Democratic state Sen. Alvarado-Gil and Assemblywoman Esmeralda Soria, who both represent the more conservative Central Valley, also withdrew their names as co-authors of retail theft bills included in the package.

“I oppose the amendments to these two bills, and I was not consulted about them prior,” Alvarado-Gil said in her weekly newsletter to constituents. “Let me be clear – I do support the Prop 47 reform initiative and believe the voters have the right to vote on this. This is not about the policy; it’s about the politics.”

Meanwhile, the Democratic leadership also faces opposition to both the retail theft legislative package and the ballot initiative from the progressive wing of the party, which opposes any criminal justice reforms that will result in increased incarceration.

“The [Democratic] leadership here has gotten a little bit too far out front of their troops,” GOP Sen. Roger Niello told RealClearPolitics in an interview Friday. “I know a lot of members of their caucus didn’t even know about this amendment move and only heard about it over the [previous] weekend.”

A spokeswoman for Speaker of the Assembly Robert Rivas did not respond to a request for comment about the level of Democratic support for the amended legislative package. This bill was also amended to include an urgency clause, which means it goes into effect immediately. Yet to do so would require a two-thirds majority of the Assembly and Senate. Sacramento insiders say the urgency is needed because of another deadline.

Democratic Attorney General Rob Bonta faces a Thursday deadline to provide a title and summary for the ballot initiative and is poised to characterize the proposition as one that would kill the legislature’s anti-crime reform bills. He can only do so, however, if the retail theft package with the inoperability clauses passes with a supermajority this week before the deadline.

Some California political observers assume Newsom is trying to keep Prop 47 intact to protect his political legacy for any future White House run. But others believe Democratic leaders fear the more immediate political fallout – that the tough-on-crime ballot initiative could help turn out more Republican voters this fall, giving GOP candidates for the House of Representatives an edge in tight election contests that could determine which party holds the majority.

“What the Democrats are doing has gotten the Sacramento Bee editorial board, which is to the left of Mao, to agree with Republicans in the legislature,” Rob Stutzman told RCP. “This is absolutely raw politics. This is all about Democrats doing everything in the world to keep this issue off the ballot in November because of how it could affect congressional races and, therefore, the balance of who controls the House of Representatives.”

This past week, Dave Min, a state senator running in a tight battleground contest to replace Rep. Katie Porter this fall, joined his party’s push to undercut the ballot initiative by supporting the addition of the “poison-pill” amendments. Min, who authored a piece of the public safety package, has joined the Democratic leadership in a press conference in which they unveiled their strategy to add the inoperability clause to the legislation.

Over the last week, Min also twice said he didn’t have a position on the Prop 47 reform ballot initiative because he had been too busy to read it.

“I’m sorry, and I’ll be honest, I have not had time to review the initiative,” Min said during an Appropriations Committee meeting while the amendments were being added. “I’ve got a lot on my plate these days. At the point in time when the ballot is finalized, I’m going to take a look at all the initiatives on the ballot and take a look at them.”

Min’s position is a hire-wire act in his Orange County district, where prominent law enforcement officials, including Sheriff Don Barnes, vigorously back the ballot initiative. It also risks highlighting Min’s DUI conviction last year.

“Dangerous Dave Min puts criminals ahead of victims because he is a criminal,” National Republican Congressional Committee spokesman Ben Petersen said in a statement. “Min earns a special spot in the hall of shame shilling for these poison pills while on probation himself.”

If the Democratic retail theft package with the amendments manages to pass this week, Skelton says Bonta has a tough decision to make – whether or not to “doctor up” the bill title and summary to undermine its ability to pass and risk “tarnishing his image by looking like just another hack politician.”

Niello is watching Bonta closely because he has long tried to transfer the responsibility of writing proposition titles and summary statements from the attorney general to an independent legislative analyst.

“There’s been so many blatantly biased statements made, and this whole strategy that [Democratic leaders] are pursuing is dependent upon the attorney general rewriting it in a negative light,” Niello said.

Susan Crabtree is RealClearPolitics’ national political correspondent.

Tyler Durden
Mon, 06/24/2024 – 21:00

Visualizing Saudi Aramco’s Massive Oil Reserves

Visualizing Saudi Aramco’s Massive Oil Reserves

Saudi Aramco controls 259 billion barrels worth of oil and gas reserves, which is unmatched by any other company globally. This is a key factor in the company’s massive $1.8 trillion valuation.

To illustrate that, Visual Capitalist’s Marcus Lu created this chart to compare the proved reserves of major oil companies as of 2022.

Data was compiled by Statista from various company reports.

Crown Jewel

Saudi Aramco is the national oil company of Saudi Arabia. As of 2024, it is the sixth-largest company in the world by market capitalization.

Its oil reserves are over four times bigger than the reserves of all the other six companies on our list combined.

Behind Saudi Aramco, American company ExxonMobil comes in second with 17.7 billion barrels of oil equivalent, followed by another American company, Chevron, with 11.2 billion barrels of oil equivalent.

Saudi Aramco produces 9 million barrels of oil a day, more than any other firm and nearly a tenth of the world’s total.

In addition, the state-run oil giant is the world’s most profitable company, generating $722 billion in profits between 2016 and 2023.

Saudi Aramco is also expected to play a big part in Saudi Arabia’s plans to diversify its economy and reduce oil dependence. Recently, Saudi Arabia’s Crown Prince Mohammed Bin Salman confirmed that the kingdom is in talks to sell a 1% stake in the state oil giant, which could help fund the country’s projects in clean energy and technology.

If you enjoyed this post, be sure to check out this graphic, which ranks oil production by country.

Tyler Durden
Mon, 06/24/2024 – 19:20

Fasting Boosts Cancer-Fighting Ability Of ‘Natural Killer’ Cells: Study

Fasting Boosts Cancer-Fighting Ability Of ‘Natural Killer’ Cells: Study

Authored by Naveen Athrappully via The Epoch Times (emphasis ours),

Fasting can program certain immunity cells in the body to fight cancer better and improve the cell’s ability to survive in a tumor environment, according to a recent study.

A new study published in the Journal Immunity found that fasting can program certain immunity cells in the body to fight cancer better. (Nok Lek Travel Lifestyle/Shutterstock)

The study, published in the journal Immunity on June 14, looked at how fasting affected natural killer (NK) cells, a type of white blood cell capable of killing damaged or abnormal cells like cancer and those infected by a virus. The presence of a higher number of killer cells within a tumor is usually seen as beneficial for a cancer patient. Researchers found that fasting can reprogram the metabolism of natural killer cells, improving their ability to fight cancer and enabling the cells to survive in the harsh environment within and around the tumors.

“Our findings identify a link between dietary restriction and optimized innate immune responses, with the potential to enhance immunotherapy strategies” of cancer patients, the paper said.

In the study, researchers analyzed cancer-infected mice that were not given food for a period of 24 hours, twice a week. As the mice were allowed to eat freely in between fasts, they did not lose any weight.

During the fasting period, glucose levels in the mice dropped, similar to humans, along with a jump in free fatty acids. Meanwhile, the natural killer cells were observed to have undergone a major change.

“During each of these fasting cycles, NK cells learned to use these fatty acids as an alternative fuel source to glucose,” said Rebecca Delconte, a co-author of the study.

“This really optimizes their anti-cancer response because the tumor microenvironment contains a high concentration of lipids, and now they’re able to enter the tumor and survive better because of this metabolic training.”

Fasting was also observed to have redistributed NK cells in the body. Some of the cells traveled into the bone marrow, getting exposed to high levels of a signaling protein. This led to NK cells producing more Interferon-gamma, a type of protein that plays a key role in the body’s anti-tumor response.

NK cells in the spleen experienced a separate programming that allowed them to better use lipids as a source of fuel.

“With both of these mechanisms put together, we find that NK cells are pre-primed to produce more cytokines within the tumor,” Ms. Delconte said.

“And with the metabolic reprogramming, they’re more able to survive in the tumor environment, and specialized to have improved anti-cancer properties.”

The research comes as clinical trials to study the safety and effectiveness of fasting together with standard cancer treatments are underway.

The study was funded through multiple sources, including the National Institutes of Health, Australia’s National Health and Medical Research Council, and the American Cancer Society. Authors declared no competing interests in the study.

Fasting Risks

While the June 14 study found positive links between fasting and fighting cancer, clinical dietitian Juhina Farooki says the safety of the process should only be determined on a case-by-case basis.

“Every patient is different, and what could be safe for one patient is not necessarily safe for the other patient,” she said, according to a Jan. 29 post at the MD Anderson Cancer Center.

Malnutrition is one of the risks of fasting while undergoing cancer treatment. A lack of proper nutrients can result in weight loss, slow down the healing process, and worsen fatigue, the post said. It can also add more stress during what is an already tense period for the individual.

Ms. Farooki advises cancer patients who wish to fast to only do so after consulting with their physician. This ensures the patient gets sufficient nutrition.

A February 2023 study that investigated the effect of skipping meals in mice found that there was a difference in the number of monocytes in the creatures. Monocytes are white blood cells made in the bone marrow that fight cancer.

One group of mice were given breakfast while the other group was denied. After four hours of fasting, 90 percent of monocytes in the fasting mice were found to have disappeared from the bloodstream, which fell further at eight hours. In the non-fasting mice, monocyte levels remained unaffected.

Meanwhile, a recent German study found intermittent fasting to have a protective effect against inflammation and cancer in the liver. The researchers conducted tests on mice already suffering from liver inflammation.

After the mice were subjected to four months of intermittent fasting, their liver function tests improved. The mice were found to be less likely to develop liver cancer.

Tyler Durden
Mon, 06/24/2024 – 19:00