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348 lines
44 KiB
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<meta content="width=device-width, initial-scale=1.0, user-scalable=yes" name="viewport"/>
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<title>12 August, 2022</title>
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<title>Daily-Dose</title><meta content="width=device-width, initial-scale=1.0" name="viewport"/><link href="styles/simple.css" rel="stylesheet"/><link href="../styles/simple.css" rel="stylesheet"/><style>*{overflow-x:hidden;}</style><link href="https://unpkg.com/aos@2.3.1/dist/aos.css" rel="stylesheet"/><script src="https://unpkg.com/aos@2.3.1/dist/aos.js"></script></head>
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<body>
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<h1 data-aos="fade-down" id="daily-dose">Daily-Dose</h1>
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<h1 data-aos="fade-right" data-aos-anchor-placement="top-bottom" id="contents">Contents</h1>
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<ul>
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<li><a href="#from-new-yorker">From New Yorker</a></li>
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<li><a href="#from-vox">From Vox</a></li>
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<li><a href="#from-the-hindu-sports">From The Hindu: Sports</a></li>
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<li><a href="#from-the-hindu-national-news">From The Hindu: National News</a></li>
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<li><a href="#from-bbc-europe">From BBC: Europe</a></li>
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<li><a href="#from-ars-technica">From Ars Technica</a></li>
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<li><a href="#from-jokes-subreddit">From Jokes Subreddit</a></li>
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</ul>
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<h1 data-aos="fade-right" id="from-new-yorker">From New Yorker</h1>
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<ul>
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<li><p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><strong>What the F.B.I.’s Raid of Mar-a-Lago Could Mean for Trump</strong> - A former federal prosecutor and general counsel for the F.B.I. explains the process and implications of obtaining a search warrant on the home of a former President. - <a href="https://www.newyorker.com/news/q-and-a/what-the-fbis-raid-of-mar-a-lago-could-mean-for-trump">link</a></p></li>
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<li><p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><strong>The Democrats Finally Deliver</strong> - The Senate’s passage of a sweeping, if imperfect, climate-change-and-health-care bill is a landmark moment in U.S. policymaking. - <a href="https://www.newyorker.com/news/our-columnists/the-democrats-finally-deliver">link</a></p></li>
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<li><p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><strong>How Hurricanes Get Their Names</strong> - In an age of more intense storms, forecasters explain their aims. - <a href="https://www.newyorker.com/news/daily-comment/how-hurricanes-get-their-names">link</a></p></li>
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<li><p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><strong>Why a Life-Threatening Pregnancy Complication Is on the Rise</strong> - The rate of preeclampsia had been climbing steadily for years. Then COVID-19 arrived, and the numbers spiked. - <a href="https://www.newyorker.com/science/annals-of-medicine/why-a-life-threatening-pregnancy-complication-is-on-the-rise">link</a></p></li>
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<li><p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><strong>Trapped in Trump, Trump, Trump</strong> - The ex-President’s “Hell Week” overshadows Biden’s best week yet. - <a href="https://www.newyorker.com/news/letter-from-bidens-washington/trapped-in-trump-trump-trump">link</a></p></li>
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</ul>
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<h1 data-aos="fade-right" id="from-vox">From Vox</h1>
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<ul>
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<li><strong>Every movie seems to be split into chapters these days</strong> -
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<figure>
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<img alt="A silent film subtitle from the 1927 film “The Show” that reads, If it’s his heart you want I’ll cut it out and give it to you!”" src="https://cdn.vox-cdn.com/thumbor/b2gg4ik7OWVAbWsXqu2zrYlRMxA=/107x0:1174x800/1310x983/cdn.vox-cdn.com/uploads/chorus_image/image/71235588/34e02c5053ceb3e5fc06c6f0737c7ac7.0.jpeg"/>
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<figcaption>
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Intertitles used to fill in information — but these days, they fill a different purpose. | Warner Archive
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</figcaption>
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</figure>
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<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom">
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From <em>Nope</em> to <em>The Worst Person in the World</em>, the intertitle is back — but with a twist.
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</p>
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<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="OcfVOG">
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<em>Welcome to </em><a href="https://www.vox.com/2019/2/1/18205669/design-fashion-home-shopping-trends"><em>Noticed</em></a><em>, Vox’s cultural trend column. You know that thing you’ve been seeing all over the place? Allow us to explain it.</em>
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</p>
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<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="Ox065f">
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<strong>What it is: </strong>Movies with “chapter titles” — text appearing by itself, rather than over images, throughout the film, between scenes. They break the film into segments and give each segment a name.
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</p>
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<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="D3qC0K">
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<strong>Where it is: </strong><a href="https://www.imdb.com/search/keyword/?keywords=chapter-headings">They’re everywhere</a>, but lately they pop up mostly (though not entirely) in prestige, artsy movies. <em>Nope</em>, <em>The Power of the Dog</em>, <em>The French Dispatch</em>, <em>The Northman, The Last Duel, The Green Knight</em>, <em>Not Okay</em>, and <em>The Worst Person in the World</em> all use intertitles between the movie’s chapters, and that list is by no means comprehensive.
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</p>
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<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="5BrLA1">
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<strong>Why you’re seeing it everywhere: </strong>The shortest answer to why we’re seeing it so frequently might have to do with poetry. But for the real answer, we have to go back in time.
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</p>
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<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="h7dFAu">
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Once upon a time, back before they made noise, you had to read a lot of text to watch a movie. If language or literacy stood in the way, you’d still get the gist of it — a pianist in the theater might help, plus plenty of context clues. But in between scenes, or even just shots, text appearing on the screen (let’s call them “intertitles”) would describe what was going on. A character’s mouth would move, and then intertitles would come up, telling you what she just said.
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</p>
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<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="kQctpD">
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When silent films started to give way to sound in the late 1920s, those functional intertitles were no longer required to fill in dialogue, though they were still used to provide context. For instance, the 1930 Western <em>The Big Trail</em>, John Wayne’s first starring role, uses sound. But titles throughout aim to tell you what’s on the minds of the people in the scene: “Prairie schooners rolling west. Praying for peace — but ready for battle.” Or: “They have not turned back, those who died; they stay, and yet they go forward. Their spirit leads.” Not strictly necessary, but meant to be illuminating.
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</p>
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<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="ZKUgZH">
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Now, if you see a movie with functional contextual intertitles, it’s a self-conscious choice on the part of the filmmaker, an aesthetic affectation that can be skillfully deployed or, in more amateurish hands, just sort of silly.
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</p>
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<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="k6dJJg">
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In recent decades, the intertitle is back, with a twist. Modern intertitles are rarely intended to purely inform. They’re performative, self-conscious, and evocative. They direct your attention or create tension.
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</p>
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<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="C1Hy8K">
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It’s easy to attribute these to directors with high aspirations, who wish to make their films feel “literary,” and default to chapters to evoke a book. (Some of these, including <em>The Power of the Dog </em>and <em>The Green Knight</em>, are indeed adaptations of books.) That answer seems plausible, but a little simplistic — especially since most books have dozens of chapters and movies typically have far fewer, and also because I don’t really know of any directors who go around secretly wanting their movie to be a novel.
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</p>
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<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="0ZFAld">
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But there are better answers.
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</p>
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<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="VQM9ri">
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Though it never fully went away (nothing ever does in Hollywood), most people remember the intertitle roaring back to life with <em>Pulp Fiction</em>, Quentin Tarantino’s 1994 breakout, which breaks up its non-linear narrative with slightly cryptic text headings, creating chapters:
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</p>
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<figure class="e-image">
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<img alt="The card reads, “Vincent Vega &amp; Marsellus Wallace’s Wife.”" src="https://cdn.vox-cdn.com/thumbor/fB8tOC9LWMw48yaehTerDzcI2vw=/800x0/filters:no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/23938477/howl00001.png"/>
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</figure>
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<figure class="e-image">
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<img alt="The card reads, “The gold watch.”" src="https://cdn.vox-cdn.com/thumbor/1jg1gez0FHx8aP181EETDyNdEm0=/800x0/filters:no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/23938480/Pulp_Fiction_title_600.jpeg"/>
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</figure>
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<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="GiZcrb">
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It’s easy to see how these are different from old-timey intertitles. They aren’t telling you what a character said. But they’re also not giving context or telling you how to interpret what you’re watching. They don’t add information, exactly — they point you at information that’s coming: a character, a symbol. Now, when a gold watch shows up, you’ll sit up a little straighter.
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</p>
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<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="1MmNLi">
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This is a smart way to use chapter titles: as a way to briefly pull you out of the story and redirect your attention in a manner fruitful for the mood the filmmaker’s trying to build. For instance, consider how Stanley Kubrick uses them in <em>The Shining</em>, his seminal 1980 horror film. The Stephen King novel on which the movie is based has chapter titles, and they’re mostly descriptive: “The Interview,” “Phonebooth,” and so on. In the movie, the intertitles instead demarcate the passage of time in a way that starts to feel eerie and erratic, in a way that writer Roger Luckhurst describes as “telescop[ing] time and tighten[ing] the screw.” First it’s “A Month Later,” then “Tuesday,” then “Saturday, then “Wednesday,” “Monday, “4pm.” At first glance these just tell us that time is passing, but they’re doing so much more, making us feel like we’re counting down to something ominous and terrifying.
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</p>
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<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="31zyTZ">
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In this way, the intertitles become part of the story, an added layer of intrigue to fold into the whole. And many directors have used them this way before and after Tarantino and Kubrick, from Wong Kar Wai and Lars Von Trier to both Andersons, Wes and Paul Thomas. They show up in everything from <em>Moonlight</em> to <em>Monty Python and the Holy Grail</em>. They’re by no means a Hollywood affectation; directors from all over the world have used them to tell their stories.
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</p>
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<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="bDvE9z">
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And their redirection of attention can bend toward various ends. In <em>The Worst Person in the World</em>, for instance, there are 12 “chapters” with titles like “Julie’s Narcissistic Circus” and “Bad Timing” and “Epilogue.” The effect is that the film feels like a series of linked short stories about the same character, Julie. And because the movie is, in essence, <a href="https://www.vox.com/22911380/worst-person-in-world-review">about deciding to be the author of your own story</a>, the intertitles contribute to the overall form.
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</p>
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<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="7RyC0z">
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Or there are the intertitles of <em>The Northman</em>, which, on first blush, seem like your standard info-giving titles — “Some Years Later,” “Land of the Rus,” and so on. Yet <em>The Northman</em> is designed to feel like a legend floating back through the mists of time to us, <a href="https://www.vox.com/23036047/northman-review-medieval">without feints toward the modern</a>. Thus the intertitles are rendered in Norse runes, and they feel like a nod to old theatrical traditions, as if we’re watching an opera or some very old form of folk theater, rather than a movie. They beckon us to forget every action blockbuster we’ve seen and let ourselves be taken back to a pre-modern age.
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</p>
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<figure class="e-image">
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<img alt="An intertitle that reads Story #3: The Private Dining Room of the Police Commissioner, over a picture of a kitchen seen from above." src="https://cdn.vox-cdn.com/thumbor/jmlD7CHfYPJv2-gojB2_W2WtyaE=/800x0/filters:no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/23938547/tumblr_207ab24e8571ac3c3f6674b6192305f9_25a088e6_540__1_.jpg"/> <cite>20th Century Pictures</cite>
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<figcaption>
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Wes Anderson’s <em>The French Dispatch</em> uses titles as well, arranging them on top of tableaux.
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</figcaption>
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</figure>
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<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="SP2DdW">
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Perhaps the most surprising set of intertitles appear in <em>Nope</em>, Jordan Peele’s newest, which crosses horror and alien sci-fi with elements of Westerns. The intertitles break the movie into chapters, each of which gets the name of a creature — a horse, or a chimpanzee, or a … well, I won’t give it away — that is a key part of the action. None of the titles are named for humans, which is in part meant to direct your attention toward that non-human character when they appear on screen.
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</p>
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<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="VG2S55">
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But <em>Nope</em> is also in part about a very early moving picture, created by Eadweard Muybridge in 1878, and the descendants of the Black jockey who rides the horse. History has forgotten the name of the human rider, but remembered the name of the horse (Annie G.); <em>Nope</em>’s chapter titles echo that sobering historical fact.
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</p>
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<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="Vfpvq1">
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These kinds of intertitles are less about narrating the action and more about creating an effect. Poets are skilled at titling their work, often with the aim of selecting a title that expands the meaning of the poem in some way: adding an entendre, giving you something to look for, telling you that something is coming in the poem so that you’re holding your breath waiting for it. Novel chapter headings often do the same thing, signifying what you’re waiting for as you read. Modern intertitles, used to set apart chapters, are similar. Since sound and modern viewing habits (you understand jumps in time) make them unnecessary for literally parsing the action, they’re placed there on purpose by the filmmaker, who has a reason in mind.
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</p>
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<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="UmGs5s">
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All of these examples point to something interesting: Intertitles that break a film into chapters help remind you that you’re watching <em>a film</em>. They self-consciously interrupt the artifice of realism or authenticity, the illusion that a movie can spin that makes you feel, for just a moment, like you’re living in medieval Europe or spying on your friend Julie’s life. Suddenly you’re not watching images; you’re reading text, and that reminds you that this movie is something crafted by an artist who intends for you to have a specific rhythmic emotional experience. It’s a way of making you see the movie anew.
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</p></li>
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<li><strong>Fight climate change. End fossilflation. Here’s how.</strong> -
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<figure>
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<img alt="" src="https://cdn.vox-cdn.com/thumbor/8ZALqW6ezrTxIJvT5zryVRreVJM=/427x0:3840x2560/1310x983/cdn.vox-cdn.com/uploads/chorus_image/image/71235433/GettyImages_1411672319.0.jpg"/>
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<figcaption>
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A customer pumps gas at an Exxon station in Houston, Texas, on July 29. | Brandon Bell/Getty Images
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</figcaption>
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</figure>
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<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom">
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Yet another downside to fossil fuel dependence.
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</p>
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<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="1659966878.103499">
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It’s a mundane day for errands: you run out to the store to pick up some groceries, some drugstore supplies, and fill up the gas tank. Afterward, you cook up some lunch on the gas stove.
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</p>
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<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="MNa0As">
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For all this, you’d be spending roughly <a href="https://www.bls.gov/news.release/cpi.nr0.htm">8.5 percent</a> more than you were a year ago, based on the Bureau of Labor Statistics’ July report on prices for consumer goods and services — over the course of the month, that translates into roughly $500 more for most households than last year.
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</p>
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<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="41H3Y8">
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Economists have pointed to energy prices as the main reason for high inflation. Americans have had to spend more on gasoline, on natural gas for stoves, water heaters, and furnaces, and on any electricity derived from oil and gas. But the impact from fossil fuels is bigger than that — energy prices indirectly affect virtually every part of the economy.
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</p>
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<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="skCFTN">
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The impact of higher energy prices is especially evident in food prices, because most of the cost of food is based on how expensive it is to get from the farm to the shelf. But it’s also affecting other consumer goods. For example, Amazon recently <a href="https://www.theverge.com/2022/7/26/23278510/amazon-prime-price-increase-europe-uk">hiked its Amazon Prime rates</a> in European countries, citing rising costs for fuel and transportation.
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</p>
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<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="Q3rZ9l">
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Mark Zandi, Moody’s chief economist, said fossil fuels were a major cause of every period of inflation since World War II. “Invariably, it’s the high cost of oil and fossil fuels in general that drive big fluctuations and overall inflation,” Zandi said. “Every recession since World War II has been preceded by a jump in oil prices.”
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</p>
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<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="zUbVD0">
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Higher oil and gas prices are responsible for about 40 percent of the price increases across the economy (or 3.8 percentage points of the 8.5 percent inflation from July, according to calculations from Moody’s).
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</p>
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<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="vVn3H7">
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One big reason that inflation cooled down this month could be that energy prices are falling; natural gas and gasoline are cheaper than they were earlier in the year. But even though prices have decreased, they are still higher than a year ago. In general, the consumer can still expect to be paying a lot more for goods and services <a href="https://www.vox.com/policy-and-politics/2022/8/10/23298245/inflation-prices-drop-economy">in the near future</a>.
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<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="iPiApj">
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The interplay between the price of fuel and the price of everything else over the last year shows what a tight hold fossil fuels have on the economy. The US is trapped in a cycle where oil and gas prices go up, and political leaders try to do everything they can to bring them down again to lessen the burden on inflation. It pits renewable energy sources against the economy. Breaking free of this means shifting to more electricity that’s powered by solar and wind to fuel cars, homes, and businesses.
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</p>
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<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="TRyk56">
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Reducing reliance on fossil fuels “will significantly reduce its grip on inflation in the broader economy,” said Zandi.
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</p>
|
|||
|
|
<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="ojxO4J">
|
|||
|
|
It’s the reason why economists eventually expect the Inflation Reduction Act to live up to the bill’s name.
|
|||
|
|
</p>
|
|||
|
|
<h3 id="jc55Gy">
|
|||
|
|
Fossilflation, explained
|
|||
|
|
</h3>
|
|||
|
|
<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="ayBggQ">
|
|||
|
|
A complicated set of factors is driving inflation right now — including but not limited to supply chain problems, insufficient labor, and anticipated gas shortages in Europe — but dig a bit deeper, and a common element is reliance on fossil fuels.
|
|||
|
|
</p>
|
|||
|
|
<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="2Fg7B8">
|
|||
|
|
Inflation isn’t just an issue in the US or because of federal spending in the pandemic. It’s doubled in the last year in <a href="https://www.weforum.org/agenda/2022/06/inflation-stats-usa-and-world/">37 advanced</a> economies.
|
|||
|
|
</p>
|
|||
|
|
<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="uYjchn">
|
|||
|
|
In some circles, economists have preferred to use “fossilflation” as the more accurate description of current inflation woes. European Central Bank executive board member Isabel Schnabel used the term in a <a href="https://www.bis.org/review/r220317b.pdf">March speech</a> on the new age of inflation. “Fossilflation reflects the legacy cost of the dependency on fossil energy sources,” she said.
|
|||
|
|
</p>
|
|||
|
|
<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="xIct9f">
|
|||
|
|
Volatility is always a feature of relying heavily on fuels to drive the economy. These are commodities that have to be stored, refined, and transported; as Gernot Wagner, a climate economist at Columbia Business School, explained, “commodities always fluctuate.”
|
|||
|
|
</p>
|
|||
|
|
<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="9C9L44">
|
|||
|
|
This was especially true in the 1970s and ’80s when the economy suffered under even higher inflation. The circumstances driving higher prices today are different, of course. The oil industry has had a tumultuous few years during the pandemic: it is now drilling fewer wells and struggling with limited available refinery capacity that hasn’t matched the sharp rise in demand. And Russia’s invasion of Ukraine and the <a href="https://www.vox.com/23041830/technocrats-waging-bidens-war-sanctions-russia">resulting global sanctions</a> have lowered available supplies of oil and gas, and prices are higher accordingly in anticipation of <a href="https://www.vox.com/2022/7/20/23270078/europe-russia-gas-nord-stream-ukraine-war">winter shortages in Europe</a>.
|
|||
|
|
</p>
|
|||
|
|
<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="j9KUL0">
|
|||
|
|
“A hundred years into the oil age it shouldn’t surprise us anymore that every decade or so something happens somewhere and prices go up,” Wagner said.
|
|||
|
|
</p>
|
|||
|
|
<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="7LHndn">
|
|||
|
|
BLS’s <a href="https://www.bls.gov/news.release/cpi.nr0.htm">July report</a> actually showed no growth in inflation last month. The reason is the same: fossil fuel prices. Zandi explained that June’s high numbers reflected Europe’s decision to sanction Russian oil and gas. But investors seemed to have overestimated the impact on actual global oil and gas supplies, which is why prices came down a bit in the following weeks.
|
|||
|
|
</p>
|
|||
|
|
<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="3tSosI">
|
|||
|
|
It’s not ideal to be this tethered to oil’s ups and downs. The oil industry is reaping rewards while consumers suffer higher prices. The 50 biggest oil and gas companies raked in $113 billion in profit so far in 2022, because of high prices, according to <a href="https://twitter.com/bailoutwatchorg/status/1557062310006497286">one calculation</a>. And they’re still getting billions in subsidies, with the entire US oil and gas industry receiving more than $20 billion in tax breaks, according to a <a href="https://priceofoil.org/fossil-fuel-subsidies/">2017 analysis</a> from Oil Change International.
|
|||
|
|
</p>
|
|||
|
|
<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="rsBGYV">
|
|||
|
|
The solutions for climate change perform double duty and help consumers break free from this cycle. Green tech isn’t a panacea for the economy; in fact, “<a href="https://www.nationalobserver.com/newsletters/zero-carbon/2022/06/24/call-it-its-name-fossilflation">greenflation</a>” is the term coined for higher demand for copper, lithium, and cobalt needed for clean technology. But moving off of fossil fuels does help in one major way. Rather than rely on fuel, a commodity, Wagner argues that the US adopting renewables will mean a switch to technological solutions. “Technologies, by definition, get better and get cheaper,” he said. “That’s the way to get off the unfortunate cycle of fossilflation.”
|
|||
|
|
</p>
|
|||
|
|
<h3 id="hal4oq">
|
|||
|
|
Breaking the cycle of “fossilflation”
|
|||
|
|
</h3>
|
|||
|
|
<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="RCyWrO">
|
|||
|
|
What Congress’s investments could do, if they truly help to move the American economy off of its fossil fuel reliance, is to break the economy free from the volatility of oil markets.
|
|||
|
|
</p>
|
|||
|
|
<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="rUJkUk">
|
|||
|
|
The Inflation Reduction Act promises to help because it does a few simultaneous things. It invests in solutions that help to reduce consumer demand for fossil fuels, and incentivizes manufacturers and businesses to do the same. It also raises taxes on corporations, another way of curbing inflation, “not dissimilar to the Fed raising [interest] rates,” said Energy Innovation’s Robbie Orvis, an economic modeler who has studied the impact of the bill.
|
|||
|
|
</p>
|
|||
|
|
<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="KlPbAL">
|
|||
|
|
The IRA’s <a href="https://www.vox.com/2022/8/8/23296951/inflation-reduction-act-biden-democrats-climate-change">nearly $370 billion</a> in climate measures aren’t going to make a dent in current inflation. But as the decade goes on, economists like Zandi expect that Americans may start to feel some difference.
|
|||
|
|
</p>
|
|||
|
|
<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="sjDzSu">
|
|||
|
|
<a href="https://www.moodysanalytics.com/-/media/article/2022/assessing-the-macroeconomic-consequences-of-the-inflation-reduction-act-of-2022.pdf">Moody’s</a> estimates that by 2030, the bill could reduce the typical American household’s spending on energy by more than $300 each year, in today’s dollars. It also may help with insurance rates for home and business properties because of its investments slashing emissions (which worsen climate change) and in physical climate adaptation.
|
|||
|
|
</p>
|
|||
|
|
<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="GpO0mu">
|
|||
|
|
Another report from <a href="https://www.rewiringamerica.org/policy/inflation-reduction-act">Rewiring America</a> finds even greater gains when tallying up the bill’s total tax credits for electric vehicles, rooftop solar, and electric appliances like heat pumps. Rewiring America found a household would save $1,800 annually if it adopted all this clean tech. Of course, doing all this in your household costs a lot of money up front. There are still some policies in the bill that target low-income households specifically, like expanding a low-income home rebate that covers the full cost of heat pump installation, with a cap of $8,000.
|
|||
|
|
</p>
|
|||
|
|
<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="so7PJ5">
|
|||
|
|
“That could go a long way to mitigating the ups and downs in the broader economy and our standard of living,” Zandi said.
|
|||
|
|
</p>
|
|||
|
|
<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="q5aTLJ">
|
|||
|
|
These policies are too late to help with high prices in the immediate future, but they will stem the impact of the next major crisis.
|
|||
|
|
</p></li>
|
|||
|
|
<li><strong>The FBI searched Mar-a-Lago, former President Donald Trump’s Florida residence</strong> -
|
|||
|
|
<figure>
|
|||
|
|
<img alt="" src="https://cdn.vox-cdn.com/thumbor/fUmky7cr0DP3gi1MT7BAk14ePKA=/364x0:4089x2794/1310x983/cdn.vox-cdn.com/uploads/chorus_image/image/71234240/1242407461.0.jpg"/>
|
|||
|
|
<figcaption>
|
|||
|
|
Donald Trump’s residence at Mar-a-Lago in Palm Beach, Florida, on August 9, 2022 | Giorgio Viera/AFP via Getty Images
|
|||
|
|
</figcaption>
|
|||
|
|
</figure>
|
|||
|
|
<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom">
|
|||
|
|
Little is known about the search or what further steps, if any, the Justice Department might take.
|
|||
|
|
</p>
|
|||
|
|
<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="oz18Zb">
|
|||
|
|
On Monday, August 8, <a href="https://www.vox.com/policy-and-politics/2022/8/9/23297734/donald-trump-mar-a-lago-fbi-raid">FBI agents executed a search warrant at Mar-a-Lago</a>, former President Donald Trump’s Florida residence. Trump confirmed the search in <a href="https://twitter.com/TrumpWarRoom/status/1556775758080753666">a statement published online</a>, saying his residence was “occupied by a large group of FBI agents,” although he was reportedly in New York at the time.
|
|||
|
|
</p>
|
|||
|
|
<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="fjJeOQ">
|
|||
|
|
The raid was possibly focused on <a href="https://www.nytimes.com/live/2022/08/08/us/trump-fbi-raid#trump-fbi-mar-a-lago">Trump’s alleged mishandling of classified information</a>. That material may have included classified documents and other documents subject to the Presidential Records Act, which requires official presidential documents to be turned over to the National Archives at the end of a presidency. The Justice Department currently has <a href="https://www.washingtonpost.com/national-security/2022/07/26/trump-justice-investigation-january-6/">one other active, known investigation into Trump</a>.
|
|||
|
|
</p>
|
|||
|
|
<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="BPDBnh">
|
|||
|
|
<a href="https://www.vox.com/policy-and-politics/2022/8/11/23300933/donald-trump-justice-department-fbi-search-warrant-disclosure-merrick-garland">Attorney General Merrick Garland</a> said on August 11 that the DOJ had asked a federal judge to unseal certain documents, including the search warrant. But he also emphasized that the department would not provide additional information about the search or any other ongoing investigations into Trump, saying, “Federal law, longstanding department rules, and our ethical obligations prevent me from providing further details.”
|
|||
|
|
</p>
|
|||
|
|
<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="3I0hBp">
|
|||
|
|
We do not know yet how this investigation will play out or if anyone in Trump’s orbit will even face criminal charges, but the stakes are quite high. A former president could face a criminal trial, and Republicans are already signaling that they will <a href="https://www.vox.com/2022/8/9/23298080/mar-a-lago-raid-trump-florida-desantis-republicans-regime">retaliate</a> against Democrats and law enforcement if they regain power in Washington.
|
|||
|
|
</p>
|
|||
|
|
<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom" id="0wsmoi">
|
|||
|
|
Follow here for all of Vox’s coverage on the Justice Department’s investigation of former President Donald Trump.
|
|||
|
|
</p></li>
|
|||
|
|
</ul>
|
|||
|
|
<h1 data-aos="fade-right" id="from-the-hindu-sports">From The Hindu: Sports</h1>
|
|||
|
|
<ul>
|
|||
|
|
<li data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><strong>Petronia, Arabian Phoenix and Aries impress</strong> -</p></li>
|
|||
|
|
<li data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><strong>Have to improve as team before Hockey World Cup next year: Abhishek</strong> - The 22-year-old featured in all six games at the CWG, helping India bag a silver medal, after going down to Australia in the summit clash.</p></li>
|
|||
|
|
<li data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><strong>Ashwa Magadheera, Peyo, The Sovereign Orb, In A Breeze and Sonata excel</strong> -</p></li>
|
|||
|
|
<li data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><strong>Review of Chandresh Narayanan’s 75 Years of Indian Sports — Game, Guts, Glory: As the millennium turned, so did India’s sporting fortunes</strong> - A walk through India’s sports since Independence is timely, but falls short of explaining how standards were raised so dramatically</p></li>
|
|||
|
|
<li data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><strong>After a week of logjam, star Pakistan cricketers sign PCB's amended central contracts</strong> - Senior players, including Babar Azam, Shaheen Afridi and Mohammad Rizwan, have signed the contract but have expressed reservations about few aspects of the contracts</p></li>
|
|||
|
|
</ul>
|
|||
|
|
<h1 data-aos="fade-right" id="from-the-hindu-national-news">From The Hindu: National News</h1>
|
|||
|
|
<ul>
|
|||
|
|
<li data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><strong>Four-year-old girl cured of congenital blindness through surgery at Chennai hospital</strong> - A four-year-old girl, who had congenital hereditary eye disease, was cured of the condition through a surgery at the Rajan Eye Care Hospital free of cost</p></li>
|
|||
|
|
<li data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><strong>SC asks States’ view on plea by Sulli Deals mobile app creator</strong> - Aumkareshwar Thakur wanted FIRs against him for posting offensive, communal content on Internet be clubbed</p></li>
|
|||
|
|
<li data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><strong>Country won't trust those who don't hoist tricolour, says Uttarakhand BJP chief</strong> - Uttarakhand BJP President Mahendra Bhatt said anyone who has true feelings for the country will hoist the national flag to celebrate 75 years of the country’s Independence.</p></li>
|
|||
|
|
<li data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><strong>5,200-metre-long national flag displayed in Rajamahendravaram</strong> -</p></li>
|
|||
|
|
<li data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><strong>BJP appoints Chandrashekhar Bawankule as Maharashtra chief; Ashish Shelar returns as Mumbai unit head</strong> - Mr. Bawankule, who belongs to an OBC community, replaced Chandrakant Patil, a Maratha who has been inducted in the State Cabinet</p></li>
|
|||
|
|
</ul>
|
|||
|
|
<h1 data-aos="fade-right" id="from-bbc-europe">From BBC: Europe</h1>
|
|||
|
|
<ul>
|
|||
|
|
<li data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><strong>Ukraine war: Crimea blasts significantly hit Russian navy - UK</strong> - The Ministry of Defence says the blasts have “significantly degraded” Moscow’s Black Sea Fleet.</p></li>
|
|||
|
|
<li data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><strong>German ex-leader Gerhard Schroeder sues parliament over lost perks</strong> - The former chancellor has faced criticism over his links to Russian energy companies.</p></li>
|
|||
|
|
<li data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><strong>Zaporizhzhia nuclear workers: We’re kept at gunpoint by Russians</strong> - “Soldiers are everywhere,” says one worker at Zaporizhzhia. “Everyone is kept at gunpoint.”</p></li>
|
|||
|
|
<li data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><strong>Bear cub high on hallucinogenic ‘mad honey’ rescued by park rangers</strong> - The animal was found incapacitated after consuming hallucinogenic rhododendron honey.</p></li>
|
|||
|
|
<li data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><strong>Suspected bank robber rescued from tunnel near Vatican</strong> - Police believe the alleged gang member could have been burrowing his way into a bank near the Vatican.</p></li>
|
|||
|
|
</ul>
|
|||
|
|
<h1 data-aos="fade-right" id="from-ars-technica">From Ars Technica</h1>
|
|||
|
|
<ul>
|
|||
|
|
<li><p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><strong>Rocket Report: SpaceX sees rideshare demand, Russia’s odd launch deal with Iran</strong> - “One of the questions that we’re getting a lot is, ‘How full are you guys?’” - <a href="https://arstechnica.com/?p=1872031">link</a></p></li>
|
|||
|
|
<li><p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><strong>The best cheap Android phones</strong> - Want a smartphone but don’t want to spend $1,000? We’ve got you covered. - <a href="https://arstechnica.com/?p=1841458">link</a></p></li>
|
|||
|
|
<li><p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><strong>CDC no longer gently recommends COVID precautions most weren’t following anyway</strong> - Unvaccinated people no longer need to quarantine and physical distancing is de-emphasized. - <a href="https://arstechnica.com/?p=1873355">link</a></p></li>
|
|||
|
|
<li><p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><strong>I’m a security reporter and got fooled by a blatant phish</strong> - Think you’re too smart to be fooled by a phisher? Think again. - <a href="https://arstechnica.com/?p=1873356">link</a></p></li>
|
|||
|
|
<li><p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"><strong>Amazon studio plans lighthearted show of Ring surveillance footage</strong> - Company with notable footage-sharing issues wants to do it more, but funny. - <a href="https://arstechnica.com/?p=1873311">link</a></p></li>
|
|||
|
|
</ul>
|
|||
|
|
<h1 data-aos="fade-right" id="from-jokes-subreddit">From Jokes Subreddit</h1>
|
|||
|
|
<ul>
|
|||
|
|
<li><strong>A man is on a street corner in Moscow yelling “The president is an idiot “</strong> - <!-- SC_OFF -->
|
|||
|
|
<div class="md">
|
|||
|
|
<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom">
|
|||
|
|
Police surround him and handcuff him. They say “it is illegal to insult President Putin”
|
|||
|
|
</p>
|
|||
|
|
<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom">
|
|||
|
|
He says “You don’t understand I mean the Ukrainian president, Zelensky, he is the one I was insulting “
|
|||
|
|
</p>
|
|||
|
|
<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom">
|
|||
|
|
The police captain says “you can’t fool us, everyone knows who the idiot is”
|
|||
|
|
</p>
|
|||
|
|
</div>
|
|||
|
|
<!-- SC_ON -->
|
|||
|
|
<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"> submitted by <a href="https://www.reddit.com/user/sourcreamus"> /u/sourcreamus </a> <br/> <span><a href="https://www.reddit.com/r/Jokes/comments/wm1z1a/a_man_is_on_a_street_corner_in_moscow_yelling_the/">[link]</a></span> <span><a href="https://www.reddit.com/r/Jokes/comments/wm1z1a/a_man_is_on_a_street_corner_in_moscow_yelling_the/">[comments]</a></span></p></li>
|
|||
|
|
<li><strong>A man had three beautiful girlfriends but didn’t know which one to marry. As a test, he decided to give each woman $5,000 to see how they would spend it.</strong> - <!-- SC_OFF -->
|
|||
|
|
<div class="md">
|
|||
|
|
<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom">
|
|||
|
|
The first girlfriend went out and got herself<br/> a complete makeover, She told him,<br/> “I spent the money so I could look pretty for you because I love you so much.”
|
|||
|
|
</p>
|
|||
|
|
<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom">
|
|||
|
|
The second went shopping and bought the man new golf clubs, an iPad, and 80-inch flatscreen television. She said, "I bought these gifts for you because I love you so much.
|
|||
|
|
</p>
|
|||
|
|
<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom">
|
|||
|
|
The third woman took the $5,000 and invested it in the stock market, doubled her investment, returned $5,000 to the man, and reinvested the rest. She said, "I am investing the rest of the money for our future because I love you so much,
|
|||
|
|
</p>
|
|||
|
|
<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom">
|
|||
|
|
The man thought long and hard about how each of his girlfriends had spent the money, and then he decided to marry the one with the biggest tits.
|
|||
|
|
</p>
|
|||
|
|
</div>
|
|||
|
|
<!-- SC_ON -->
|
|||
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<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"> submitted by <a href="https://www.reddit.com/user/anuragh1010"> /u/anuragh1010 </a> <br/> <span><a href="https://www.reddit.com/r/Jokes/comments/wm773m/a_man_had_three_beautiful_girlfriends_but_didnt/">[link]</a></span> <span><a href="https://www.reddit.com/r/Jokes/comments/wm773m/a_man_had_three_beautiful_girlfriends_but_didnt/">[comments]</a></span></p></li>
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<li>**What’s the difference between Disney+ and po*n hub?** - <!-- SC_OFF -->
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Disney + wants you to hate your stepmother.
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<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"> submitted by <a href="https://www.reddit.com/user/12345meaw"> /u/12345meaw </a> <br/> <span><a href="https://www.reddit.com/r/Jokes/comments/wmcgd3/whats_the_difference_between_disney_and_pon_hub/">[link]</a></span> <span><a href="https://www.reddit.com/r/Jokes/comments/wmcgd3/whats_the_difference_between_disney_and_pon_hub/">[comments]</a></span></p></li>
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<li><strong>A taxi passenger tapped the driver on the shoulder to ask him a question.</strong> - <!-- SC_OFF -->
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The driver screamed, lost control of the car, nearly hit a bus, went up on the footpath, and stopped inches from a shop window.
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</p>
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For a second, everything was quiet in the cab. Then the driver said, “Look, mate, don’t ever do that again. You scared the living daylights out of me!”
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</p>
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The passenger apologized and said, “I didn’t realize that a little tap would scare you so much.”
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</p>
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The driver replied, “Sorry, it’s not really your fault. Today is my first day as a cab driver — I’ve been driving a funeral van for the last 25 years.”
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<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"> submitted by <a href="https://www.reddit.com/user/soveranol"> /u/soveranol </a> <br/> <span><a href="https://www.reddit.com/r/Jokes/comments/wlnav4/a_taxi_passenger_tapped_the_driver_on_the/">[link]</a></span> <span><a href="https://www.reddit.com/r/Jokes/comments/wlnav4/a_taxi_passenger_tapped_the_driver_on_the/">[comments]</a></span></p></li>
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<li><strong>Professor told dirty jokes in class</strong> - <!-- SC_OFF -->
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<strong>the women wanted to protest it.</strong>
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<strong>So they decided that in the next time that the professor will start with these kinds of jokes,they all will leave the class as a protest.</strong>
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</p>
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<strong>Somehow the professor heard about the protest.</strong><br/> <strong>In the next lecture,in the beginning of the lecture he said : “in Sweden a prostitute….</strong><br/> <strong>makes $2000 per night.”</strong>
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</p>
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<strong>All the women stood up and started to leave the class. So he shouted after them :</strong><br/> <strong>“Where are you going? The plane to Sweden doesn’t take off until the afternoon. “</strong>
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</p>
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</div>
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<p data-aos="fade-left" data-aos-anchor-placement="bottom-bottom"> submitted by <a href="https://www.reddit.com/user/soveranol"> /u/soveranol </a> <br/> <span><a href="https://www.reddit.com/r/Jokes/comments/wmij2n/professor_told_dirty_jokes_in_class/">[link]</a></span> <span><a href="https://www.reddit.com/r/Jokes/comments/wmij2n/professor_told_dirty_jokes_in_class/">[comments]</a></span></p></li>
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</ul>
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