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Business Apr 01, 2026

Lunar Mining Boom: Companies Race to Harness Moon's Resources

Several companies, including Interlune, are actively working on mining the moon for resources like …
The moon is becoming a focal point for a new era of space exploration and exploitation, with multiple companies and countries racing to harness its resources. Interlune, a Seattle-based company, has raised $18m to fund its efforts to mine the moon for Helium-3, a rare gas that could become vital in quantum computers and nuclear fusion.Helium-3, deposited on the moon's surface over billions of years by the solar wind, is used in medical imaging but is in extremely short supply on Earth. Rob Meyerson, founder of Interlune, believes that extracting this resource could be economically viable due to its high value.Private access to space has become more feasible through companies like Blue Origin and SpaceX, making lunar mining a possibility. Interlune plans to send a multispectral camera to the lunar south pole to assess Helium-3 concentrations and is working towards a future mission called 'Prospect Moon' to gather samples.The lunar mining initiative raises questions about environmental impact and the ethics of extracting resources from the moon. Critics argue that history has shown pioneers rushing into unknown frontiers and causing irreparable damage. There are concerns about preserving the moon's pristine environment and protecting sites of extraordinary scientific importance.Legal aspects of moon mining are also unclear, with the 1967 Outer Space Treaty prohibiting national claims of ownership but making no reference to commercial activities. Despite these challenges, Interlune and other companies are pushing forward, with China also actively exploring the moon's resources, including Helium-3.
#Interlune #Helium-3 #QuantumComputing
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Environment Mar 31, 2026

Japan's Oyster Crisis: Mass Die-Offs Threaten Livelihoods and Cuisine

A mass die-off of oysters in Japan's Hiroshima prefecture has threatened the livelihoods of local f…
Japan's oyster industry is facing a severe crisis as a mass die-off of oysters in the country's Hiroshima prefecture threatens the livelihoods of local fishermen and the national cuisine. The die-off, which has resulted in up to 90% of oysters dying in some areas, is attributed to a combination of rising sea temperatures and a brutally hot summer last year.The oyster industry in Hiroshima accounts for almost two-thirds of Japan's supply of farmed oysters, producing 89,000 tons of the shellfish in 2023. The industry's struggles have prompted the government to step in with support measures, including five-year government loans at virtually zero interest and access to mutual aid programs for aquaculture businesses.Experts warn that mass die-offs could become more common due to climate change and global warming. 'It's difficult to put the brakes on climate change,' says Kazuhiko Koike, a professor at Hiroshima University. 'But if the rainy season ends early again with little rainfall, and is followed by prolonged high temperatures and hot weather, this could mean that low oxygen levels and food shortages will occur again.'The crisis has significant implications for local businesses and consumers, with oyster's being a popular Japanese dish. 'This is something out of the ordinary,' says Taketoshi Niina, a fishery owner in Kure. 'A lot of those that do survive are in poor condition … they are not of a high enough quality to sell to shops and restaurants.'
#Hiroshima #Oyster industry #Sea temperature rise
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Economy Mar 30, 2026

China's Teapot Refineries Strained by Surging Crude Prices Amid Global Energy Crisis

China's 'teapot' oil refineries in Shandong province are struggling due to surging crude prices ami…
China's economy is heavily reliant on oil refining, particularly in Shandong province, where independent 'teapot' refineries play a crucial role. These small refineries, often operating on thin margins, have been vital in keeping China's economy stable amidst the global energy crisis. The crisis began with US-Israel strikes on Iran, causing chaos in the Middle East and prompting Tehran to effectively close the Strait of Hormuz, a vital waterway for oil and gas flows. However, Iranian oil has continued to flow to China, with imports reaching about 1.6 million barrels per day. China's teapot refineries are now facing significant challenges due to rising crude prices. Iranian light crude, which was previously $11 cheaper than Brent crude, now has a discount as low as $2 per barrel. This has reduced the refineries' profits, with some workers fearing salary cuts. The impact is being felt across the industry, with Luqing Petrochemical, one of Shandong's prominent teapots, allegedly sanctioned by the US for buying Iranian oil. The company has started pressuring employees to quit by cutting salaries and relocating them to difficult work sites. The economic shock is also affecting ordinary people in China, with the government intervening in the retail fuel market to reduce a planned increase in petrol and diesel prices. However, if prices continue to rise, some teapot refineries may go bust. The long-term threat to the industry is not just the war but also the rise of electric vehicles, according to Uncle Wang, a petrol station owner in Weifang. As China transitions to cleaner energy sources, the demand for oil is expected to decline, posing a significant challenge to the teapot refineries and the thousands of people they employ.
#China #Shandong #Iranian crude
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Technology Mar 29, 2026

Instagram's Inconsistent Nudity Policy Sparks Controversy with Model Erin O'Connor's Pregnancy Photos

Model Erin O'Connor criticizes Instagram for repeatedly removing her pregnancy photos, highlighting…
Model Erin O'Connor has spoken out against Instagram's inconsistent application of its nudity policy after the platform repeatedly removed her pregnancy photos celebrating her heavily pregnant body.The photos, taken in 2014 when O'Connor was eight and a half months pregnant, were posted on Mother's Day but removed and reinstated multiple times by Instagram. O'Connor argues that the platform's guidelines are unclear and context-insensitive, leading to double standards in how women's bodies are represented online.O'Connor's post included two nude portraits: one where she touches her baby bump with a blissful expression, and another highlighting her pregnant belly. Despite Meta's assurances of 'freedom of expression,' the post was flagged as 'sensitive' and removed twice.O'Connor expressed her frustration with the process, stating, 'It feels inconceivable that a heavily pregnant naked woman could be perceived as offensive when she stands in her full power, her body at its most extraordinary, embodying its innate ability to grow, birth and sustain new life.'The incident has sparked a broader conversation about body positivity, pregnancy representation, and the need for clearer guidelines on social media platforms. O'Connor emphasized the importance of context-sensitive policies to prevent the mistaken removal of meaningful content.Meta has stated that its default response is to remove 'sexual imagery' to prevent non-consensual or underage content, but allows exceptions for 'real-world art and certain medical, educational, and awareness-raising content.'
#she #her #connor
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World Economy Mar 28, 2026

Philippine transport workers rally over soaring fuel costs as President Marcos declares national energy emergency

Transport operators across the Philippines staged a two‑day strike demanding price controls as fuel…
Jeepney driver Arturo Modelo of Manila says his daily earnings have collapsed to roughly one‑third of the usual 600 pesos after fuel costs surged, leaving him unable even to afford his child’s lunch money.Modelo joined a two‑day transport strike on Thursday and Friday, hoping to make a “deaf government” listen to the plight of drivers who can no longer earn a living on the road.The iconic jeepney, born from repurposed U.S. military vehicles after World War II, remains the most affordable commuter option in the Philippines, yet its operators are now bearing the brunt of a global oil shock.Last week, jeepney owners walked out, and this week the protest expanded to include bus, taxi, minibus and motorcycle‑taxi drivers. Nearly a dozen national transport groups marched to the Presidential Palace demanding price caps on petrol and diesel, the removal of fuel taxes, and stricter regulation of the oil sector.Organised under the No to Oil Price Hike Coalition, the demonstrators also blamed “American aggression” against Iran for the domestic economic distress, with union chair Jerome Adonis likening the impact to “a bomb dropped on us”.In response, President Ferdinand Marcos Jr declared a national energy emergency on Tuesday night – the first such declaration in the country’s history. The emergency, set to last one year, grants the government powers to accelerate fuel procurement, curb hoarding and curb profiteering.Fuel prices remain among the highest in Southeast Asia: diesel is now about $2.3 per litre and petrol close to $2 per litre in the Philippines, versus $2.7 and $2.35 respectively in Singapore, while Malaysia, Vietnam and Thailand report roughly half those prices.To alleviate the burden, the administration has introduced a 5,000‑peso ($83) subsidy for motorcycle‑taxi drivers and other public‑transport workers, and disbursed 2.5 billion pesos (≈$414 million) in fuel subsidies to roughly 300,000 transport employees. Unions claim the sector employs about two million people, leaving many without aid.During the strike, picket lines appeared at 85 commuter terminals, and jeepneys were scarce on Manila’s usually congested streets. Authorities, however, argued that the action did not cripple the city’s transport network.Union leader Mody Floranda of the Piston group accused President Marcos of favouring oil companies, saying the president could issue an executive order to cap prices but has yet to act decisively.Energy officials note that 98 % of the Philippines’ crude oil is imported and that the country’s high 12 % value‑added tax, excise duties and a deregulated market – shaped by the Oil Industry Deregulation Law of 1998 – amplify price volatility. Professor Krista Yu of De La Salle University highlighted the nation’s limited refining capacity as a structural weakness.Chief economist Emmanuel Leyco warned that the law allowing industry‑driven price adjustments “is the main culprit”, especially as “half the population is poor”.Amid mounting pressure, Marcos signed legislation permitting the temporary suspension of fuel excise taxes when crude oil prices exceed a set threshold. Opposition lawmaker Renee Co urged that the 12 % VAT also be removed, calling both taxes “regressive” burdens on ordinary Filipinos.Co and other lawmakers have also filed a resolution demanding an immediate end to the U.S.‑Israel‑Iran conflict, linking regional geopolitics to the domestic fuel crisis.
#fuel #transport #oil
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Sports Mar 28, 2026

Martínez's Dream-Led Philosophy Fuels Portugal's World Cup Charge

Portugal coach Roberto Martínez reflects on his unlikely journey from Spanish unknown to national t…
In the hallway at the Portuguese federation's base in Oeiras near Lisbon, Roberto Martínez stands with arms outstretched, embodying the warmth of welcome that has defined his coaching career. Seventy-five days before the World Cup begins, the man whose favorite goal was against Scunthorpe at Springfield Park now leads one of football's most formidable nations, with matches against Mexico and the United States serving as final preparation for the tournament.Martínez's journey to this moment defied conventional expectations. Arriving in England in 1995 as a 21-year-old unknown who didn't speak English, he recalls the cultural shock: 'You've spent your whole life learning you have to look after the ball, then you get there and the first thing they say is: 'Second ball'.' The Spanish midfielder, who would later be dubbed one of the 'Three Amigos' at Wigan, embraced the challenge with an attitude that has defined his career: 'Why not?'From his humble beginnings at Wigan, where he helped win the Third Division and Football League Trophy, Martínez has carved an extraordinary path through football. His coaching career took him through Swansea, Belgium—where he led the team to the world's No. 1 ranking—and now Portugal, where he has inherited a squad filled with exceptional talent. 'Portugal is a football school,' he explains, 'Ten million people and yet they fill the world's best dressing rooms.'Central to Portugal's World Cup aspirations is Cristiano Ronaldo, the legendary forward who has given 21 years to the national team. Martínez dismisses the notion that Ronaldo's pursuit of 1,000 career goals defines his motivation, instead emphasizing the 40-year-old's unwavering commitment: 'Cristiano's attitude is always: 'I'm here for the national team, whatever you need.' The coach reveals that despite a current hamstring injury, Ronaldo's absence is merely a two-week pause before his return to action.Portugal enters the World Cup as one of the favorites, with a squad boasting captains from Manchester United, Porto, Manchester City, and four key players from European champions Paris Saint-Germain. 'Winning the Nations League was very good for us,' Martínez notes, referring to their victory against Spain, the world's No. 1 team and European champions. 'I wouldn't say there's an anxiety in Portugal to win the World Cup; I would say it's excitement, hope.'The coach's meticulous preparation extends to every detail, including playing at altitude in closed stadiums to simulate World Cup conditions. His selection process reflects both compassion and pragmatism: 'I'll choose a list of 26 and four others who know they are on standby.' This approach, he believes, creates a more positive environment when injuries occur.Martínez acknowledges the unique challenges of a 48-team World Cup spanning 50 days, noting: 'No scientific study would deny a human is changed by that.' Yet he remains optimistic, drawing inspiration from Portugal's football history and the numerological significance of 2026—sixty years since Eusébio's World Cup performance. 'It's all sixes. Let's dream. Why not?' he concludes, embodying the philosophy that has taken him from Spanish unknown to Portugal's World Cup dreamer.
#mart #nez #you
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Politics Mar 28, 2026

Political Deepfakes on the Rise: AI-Generated Content Blurs Reality and Fiction

The increasing prevalence of political deepfakes, AI-generated content that mimics real people and …
The growing influence of political deepfakes is a pressing concern, as AI-generated content becomes increasingly sophisticated and accessible. Online content creators are not only building fake images and videos of prominent public figures but also fabricating people and using them in military contexts, which can make them money and serve as effective propaganda.According to experts, some of these online avatars are sexualized images of women wearing camouflage garb that have generated a significant audience and helped create an idealized image of political figures like Donald Trump, even if the viewer knows the content is not real. Daniel Schiff, an assistant professor of technology policy at Purdue University, notes that "we are blending the lines between political cartoons and reality," and that "a lot of people feel like these images or videos or the stories they convey, feel true."The amount of political deepfakes has increased dramatically in recent years, with over 1,000 English language social media posts featuring fake images or videos of prominent political figures and politically important social issues and events cataloged by the Governance and Responsible AI Lab (Grail) since the start of 2025. In contrast, the organization recorded 1,344 such incidents in the previous eight years combined.The uptick is largely due to improvements in generative AI technology, which has made it "trivially easy to generate a scene that looks pretty realistic and to place real individuals into scenes," according to Sam Gregory, executive director of Witness. The fake avatars, which mimic real ordinary people rather than known figures, are a different matter again.Researchers worry that things will only get worse, with the technology used to build AI-generated content like Jessica Foster potentially being used to produce "AI swarms" capable of "coordinating autonomously, infiltrating communities, and fabricating consensus efficiently." However, humans can still stop malicious actors from using AI to destabilize society by implementing technical standards for content provenance and authenticity and ensuring that technology companies label AI-generated content.
#deepfake #generative adversarial networks #OpenAI
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Economy Mar 27, 2026

India Cuts Fuel Taxes to Shield Consumers from Rising Global Energy Prices

India reduces fuel taxes to protect consumers from rising global energy prices caused by the US-Isr…
India has taken a significant step to shield its consumers from the impact of rising global energy prices, slashing fuel taxes in the face of increasing tensions between the United States, Israel, and Iran. The move aims to prevent a sharp increase in fuel prices that could have been triggered by the crisis.Petroleum Minister Hardeep Singh Puri announced on Friday that the government had decided to reduce petrol duties from 13 rupees ($0.14) per litre to 3 rupees ($0.032) per litre. Additionally, the 10-rupee (0.11) per litre duty on diesel has been completely removed, effective immediately.The decision comes as oil prices have surged past $100 per barrel following Iran's near-closure of the Strait of Hormuz after Israel and the US launched attacks on February 28. India, being the world's third-largest crude importer, relies heavily on this passageway for its crude oil supply, with about 40 percent of its crude coming through the Strait of Hormuz.Despite concerns about potential shortages, authorities have assured that there is no shortage of crude and that current reserves will cover 74 days. The government also moved to quash rumours of an impending lockdown, with Minister Puri stating that such claims are 'completely false' and that India is 'resilient.'The impact of the tax cuts on pump prices for ordinary consumers remains uncertain. Analysts suggest that oil companies previously selling at a loss are likely to benefit from the tax reductions. According to economist Madhavi Arora from Emkay Global, the annualised fiscal hit from these cuts is estimated at nearly 1.55 trillion rupees ($16.3bn).In a related move, finance authorities have reimposed export taxes on diesel and aviation fuel, raising them to 21.5 rupees ($0.23) and 29.5 ($0.31) rupees per litre respectively. This comes after the taxes were previously scrapped in 2024.
#India #Petrol duty #Diesel duty
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Politics Mar 27, 2026

Iranian Mother's UN Plea After Deadly US Missile Attack on Girls' School

Iranian mother Mohaddeseh Fallahat addressed the UN Human Rights Council about the deaths of her tw…
Mohaddeseh Fallahat recalled the ordinary morning of February 28 when she prepared her children for school, never imagining it would be the last time she would see them alive. That simple morning routine now haunts her as she struggles to cope with the devastating loss of her two children.Speaking through tears to the United Nations Human Rights Council in Geneva via videolink, Fallahat described the unbearable pain of sending her children off with a smile, only to be met with silence. "My heart burns with pain," she shared, as the memory of their final words—"Mum, come pick us up after school"—repeats endlessly in her mind.Her children were among more than 170 people killed when United States Tomahawk missiles struck the Shajareh Tayyebeh Girls' School in Minab, southern Iran, during the initial hours of the US-Israeli assault. The majority of victims were schoolgirls, marking one of the deadliest attacks on educational facilities in recent memory.Iran's Foreign Minister Abbas Araghchi addressed the council with strong condemnation, asserting that the attack was no mere miscalculation. "No one can believe that the attack on the school was anything other than deliberate and intentional," he stated, pointing to the advanced precision technologies claimed by American and Israeli forces.Araghchi accused the US and Israel of "slaughtering [victims] in cold blood" and committing "the worst humanitarian crimes with impunity." He called on UN member states to denounce what he described as a "blatantly unjustified" war on Iran, warning that indifference would bring no lasting security or peace.UN special rapporteur on the right to education, Farida Shaheed, presented evidence suggesting the school was "each struck individually by precision munition," indicating intentional targeting. However, ongoing investigations suggest the attack may have resulted from "outdated intelligence" used by the US military.Shaheed emphasized that "the killing of children can never, ever be justified" and highlighted the broader impact on education in Iran, where more than 600 schools and education facilities have been destroyed or severely damaged by US-Israeli attacks, with at least 230 children and teachers confirmed dead.UN Human Rights chief Volker Turk reinforced that targeting schools constitutes a grave violation of international law, stating: "Whatever differences countries have, we can all agree they will not be solved by killing schoolchildren."
#Mohaddeseh Fallahat #UN Human Rights Council #US missile attack
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