From TradeBriefs <[email protected]>
Subject Trump's 25% tariff could be an existential threat to Canada's recovering auto industry - Dec 24, 2024
Date December 24, 2024 4:12 AM
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- The top 25 stories curated by editors and fellow readers!

Editor's Pick

Thinking Slowly: The Paradoxical Slowness of Human Behavior
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researchers have quantified the speed of human thought: a rate of 10
bits per second. However, our bodies' sensory systems gather data
about our environments at a rate of a billion bits per second, which
is 100 million times faster than our thought processes. This new study
raises major new avenues of exploration for neuroscientists, in
particular: Why can we only think one thing at a time while our
sensory systems process thousands of inputs at once?

A bit is a basic unit of information in computing. A typical Wi-Fi
connection, for example, can process 50 million bits per second. In
the new study, Zheng applied techniques from the field of information
theory to a vast amount of scientific literature on human behaviors
such as reading and writing, playing video games, and solving Rubik's
Cubes, to calculate that humans think at a speed of 10 bits per
second.

Continued here
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Editor's Note: Another conundrum that the new study raises is: Why
does the brain process one thought at a time rather than many in
parallel the way our sensory systems do? For example, a chess player
envisioning a set of future moves can only explore one possible
sequence at a time rather than several at once. The study suggests
that this is perhaps due to how our brains evolved.

Work

Trump's 25% tariff could be an existential threat to Canada's
recovering auto industry
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"We should be focusing on China and Mexico, not on its closest ally in
the entire world," Ford said. "Let's build a fortress, an
American-Canadian fortress against the rest of the world. We can't be
stopped if we if we stick together."

Work

Biden commutes most federal death row sentences to life in prison
before Trump takes office | CNN Politics
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President Joe Biden announced Monday that he is taking 37 people off
federal death row to serve out life sentences behind bars â a
decision that leaves only three federal prisoners awaiting execution
when President-elect Donald Trump takes office next month.






















 










Work

This food looks too good to be real a?? and it is | CNN
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A perfectly twirled bite of spaghetti hangs off a fork mid-air. Next
to it, a bowl of ramen and a katsudon ââ¯freshly cooked eggs and
pork cutlet - fall fresh out of the pan. Plates are stacked high with
colorful sashimi and elaborate parfaits. It's a feast for the eyes â
and the eyes alone.

Work

Luigi Mangione Pleads Not Guilty to Murder of Health-Care CEO -
Bloomberg (No paywall) [[link removed]}&lead=419599&emailid=116267&nl=daily]
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Luigi Mangione pleads not guilty to NYY state murder charges US
prosecutors have filed parallel federal case against him







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Work

The Lonely Skepticism of a Bull-Market Skeptic - The New Yorker (No
paywall) [[link removed]}&lead=419599&emailid=116267&nl=daily]
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As investor enthusiasm for artificial intelligence, and lately for a
Trump Presidency, has been driving the stock market to record highs
this year, Jeremy Grantham has been having flashbacks. At the end of
the nineteen-nineties, the veteran value investorone that looks for
undervalued stocksshied away from soaring Internet and technology
stocks, believing that their prices had departed from financial
reality, and that the market was heading for a crash. Far from
thanking him for sounding the alarm, many clients of G.M.O., a
Boston-based investment-management firm that Grantham had co-founded,
held it responsible for making them miss out on a vertiginous rise in
the Nasdaq, which went up by about a hundred and sixty per cent
between 1998 and 1999. Some withdrew their money from the company. We
started off in a good position, and in two years we lost almost half
of our business, Grantham recalled. The clients treated us as if wed
done it deliberately. It was a near-catastrophe.

Work

What a 70-year-old firebreathing lizard reveals about humanity - The
Economist (No paywall) [[link removed]}&lead=419599&emailid=116267&nl=daily]
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TANAKA TOMOYUKI gazed down at the ocean, and the ocean spoke back to
him. A star producer at Toho, a Japanese film studio, Tanaka was
flying home over the Pacific, pondering a slot that needed to be
filled in the release schedule for 1954. He imagined a creature rising
from the depths in the wake of an underwater nuclear explosion and
wreaking havoc on land. Mankind had created the Bomb, and now nature
was going to take revenge on mankind, he later recalled.















Work

Vertex drug for cystic fibrosis wins approval - STAT (No paywall)
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Hello! This is our last edition of the Readout until January 3, so I
hope you have a lovely holiday! A thought: If youre strapped for gift
ideas, you could always gift three months to STAT+ for $10. Totally
worth it. See you next year!

Work

Want to Get Things Done Next Year? Here's How to Hold a Year-End
Productivity Review - Inc (No paywall) [[link removed]}&lead=419599&emailid=116267&nl=daily]
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An end-of-year review is traditionally reserved for evaluating the
performance of employees and staff. But such a review can be
incredibly helpful when it comes to evaluating how you personally
performed in your business over the past year.







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Work

Can Netflix avoid glitches in its Christmas Day NFL broadcasts? - WSJ
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The broadcasts, which include a Beyonc performance, follow problems
with a heavily watched boxing showcase and represent a major
live-event test for the streaming giant.

Work

Iran hiring children to target Israelis abroad: Report
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Attacks involving teenagers in Scandinavian countries show a
concerning trend that highlights how tensions in the Middle East are
escalating beyond their borders, and anger regarding the killing of
civilians in Gaza has made some individuals more susceptible to
recruitment.






















 









Work

Can you still be close to someone whose politics you despise?
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If you believe in the work we do at Vox, please support us by becoming
a member. Our mission has never been more urgent. But our work isnt
easy. It requires resources, dedication, and independence. And thats
where you come in.

Work

Why Congress May Finally Take on AI in 2025
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AI tools rapidly infiltrated peoples lives in 2024, but AI lawmaking
in the U.S. moved much more slowly. While dozens of AI-related bills
were introduced this Congresseither to fund its research or mitigate
its harmsmost got stuck in partisan gridlock or buried under other
priorities. In California, a bill aiming to hold AI companies liable
for harms easily passed the state legislature, but was vetoed by
Governor Gavin Newsom.














 









Work

Security through obscurity the Swedish cabin on the frontline of a
possible hybrid war
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At the end of an unmarked path on a tiny island at the edge of
Stockholm's extensive Baltic Sea archipelago lies an inconspicuous
little wooden cabin, painted a deep shade of red. Water gently laps
the snow-dusted rocks, and the smell of pine fills the air.

Work

China refused investigation into ship linked to severed Baltic cables
says Sweden
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Sweden's foreign minister has said China has denied a request for
prosecutors to conduct an investigation on a Chinese ship linked to
the cutting of two Baltic Sea cables. Sections of two telecom cables
were cut on 17 and 18 November in Swedish territorial waters of the
Baltic.






















 









Work

Are We Living Through the End of Wildlife Migrations?
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From squirrels to newts, many animals have lost an incredible ability
to roam vast distances. But researchers say there's hope.

Work

The Reddit community revives the holiday spirit after popular Secret
Santa events end
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For Beth Patton, the best part of the holiday season is not the
lights, or the snow, or opening presents from family members -- it's
swapping gifts with random strangers on the Internet.






















 









Work

What was the Golden Age of Antibiotics, and how can we spark a new
one? [[link removed]}&lead=419599&emailid=116267&nl=daily]
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Antibiotic-like remedies date back millennia, with records of moldy
bread and medicinal soil being used to treat wounds in ancient Egypt,
Greece, and China. We now know they are likely to have contained
antibiotic compounds.1 But the modern scientific journey began in the
early 20th century.

Work

'It's pure beauty' - Italy's largest medieval mosaics restored
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On a hill overlooking the city of Palermo, in Sicily, sits a
lesser-known gem of Italian art: the cathedral of Monreale. Built in
the 12th century under Norman rule, it boasts Italy's largest
Byzantine-style mosaics, second in the world only to those of Hagia
Sophia in Istanbul.

Work

Why engineers hate meetings and how to fix it
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December is all about giving and celebrating! Therefore it's time to
celebrate and give back.

Work

Ugandan runner due to arrive in London after 516 days and 7700 miles
on the road
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Deo Kato set off from Cape Town in July 2023, running steadily north
on a 516-day odyssey that has seen him jailed for weeks, laid low with
serious illness and having to pass through war zones.

Work

Toward security in sustainable battery raw material supply
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Fast-increasing demand for battery raw materials is running in
parallel with calls for emissions reductions by producers.

Work

Is Walking Around the House Barefoot Bad for Me?
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There are some benefits to going without shoes--and a few solid
reasons to slip a pair on.

Work

Keep Calm And Continue Testing: Nine Reasons Manual Testing Will
Always Be In Demand
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The last decade has seen a massive shift toward automated testing
practices, which wiped out the manual handling of a lot of rote tasks.
But the pervasiveness of this change has been so quick that many
industry players haven't been able to contextualize it properly.

Work

How To Halt or Disengage From an Overtalker--Even When You Have Zero
Clear Exits From the Conversation
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While your initial reaction might be one of annoyance or utter
exasperation, it may be helpful to take a beat and consider why this
person seems to be talking so much, says Deborah Tannen, PhD,
professor of linguistics at Georgetown University.

Work

Trees live out their lives in surprising ways, massive new study finds
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Forests are an essential ally in combating climate change. Trees
consume carbon dioxide in order to grow, pulling the gas out of the
air and storing it in wood, bark and leaves. But when a tree dies and
decomposes, that carbon is set free.

Work

Commercial tea bags release millions of microplastics, entering human
intestinal cells
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Graphical abstract. Credit: Chemosphere (2024). DOI:
10.1016/j.chemosphere.2024.143736 UAB research has characterized in
detail how polymer-based commercial tea bags release millions of
nanoplastics and microplastics when infused.

Work

Why standing on one leg matters
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Research shows that people's ability to stand on one leg is an
indicator of health and that getting better at standing on one leg can
add to fitness and potentially lifespan.

Work

The EU is set to create 7 new AI factories around Europe. What are
they and what will they do?
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The European Commission approved a EUR1.5 billion fund this month for
seven new or modernised artificial intelligence (AI) Factories spread
out throughout Europe.

Work

New Painkiller Could Bring Relief to MillionsWithout Addiction Risk -
Scientific American (No paywall) [[link removed]}&lead=419599&emailid=116267&nl=daily]
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When doctors ask Sara Gehrig to describe her pain, she often says it
is indescribable. Stabbing, burning, achingthose words frequently fail
to depict sensations that have persisted for so long they are now a
part of her, like her bones and skin. My pain is like an extra limb
that comes along with me every day.

Work

The ironies of Trumps tantrums about the dollar - FT (No paywall)
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His policies would cement the US currencys dominance while
undercutting the institutional framework that is its bedrock

Work

NASAs Parker Solar Probe Embarks on Record-Breaking Christmas Eve
Flyby - Scientific American (No paywall) [[link removed]}&lead=419599&emailid=116267&nl=daily]
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There are some places in the solar system no human will ever go. The
surface of Venus, with its thick atmosphere and crushing pressure, is
all but inaccessible. The outer worlds, such as Pluto, are too remote
to presently consider for anything but robotic exploration. And the
sun, our bright burning ball of hydrogen and helium, is far too hot
and tumultuous for astronauts to closely approach. In our place, one
intrepid robotic explorer, the Parker Solar Probe, has been performing
a series of dramatic swoops toward our star, reaching closer than any
spacecraft before to unlock its secrets. Now it is about to perform
its final, closest passes, skimming inside the solar atmosphere like
never before.

Work

White House says Pakistan developing long-range missile capable of
hitting US - WSJ (No paywall) [[link removed]}&lead=419599&emailid=116267&nl=daily]
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The US revealed the intelligence after Islamabad rebuffed confidential
discussions about its missile program.

Work

Prosus to acquire Latin America's Leading Online Travel Agency,
Despegar, for US$1.7bn
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Amsterdam and Johannesburg: Prosus, a global technology company, today
announces that it has entered into a definitive agreement to acquire
Despegar (NYSE: DESP) a leading Latin American Online Travel Agency
(OTA), for $19.

Work

An Architect of Trump's Tough Latin America Policies Is Named Envoy
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A longtime proponent of harsh sanctions, Mauricio Claver-Carone was
forced out of his job at the Inter-American Development Bank in 2022.

Work

Here Comes Santa Claus's Approval Rating
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Despite some debates in the news, Americans’ views on Santa
haven’t really changed, polls show. Most parents still say he’ll
visit on Christmas Eve.

Work

Trump's Wish to Control Greenland and Panama Canal: Not a Joke This
Time
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In recent days the president-elect has called for asserting U.S.
control over the Panama Canal and Greenland, showing that his
“America First” philosophy has an expansionist dimension.

Work

The US sues Walmart over $10 million in fees charged to delivery
drivers
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The retailer is considered to be the leading private sector employer.
It launched the “Spark Driver” delivery program in 2018. The gig
economy-based delivery service hires independent contractors (drivers)
to deliver groceries and other products from Walmart stores to
customers’ homes. Drivers in the program can choose when and where
they work, similar to jobs like Uber (UBER+2.04%) or Doordash
(DASH-0.45%). Workers are paid per delivery and can also earn tips.

Work

US launches new probe into legacy Chinese chips as tech pressure on
Beijing escalates
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The Biden administration on Monday said it launched a new probe into
legacy Chinese semiconductors that may go into everything from cars to
household goods and defense systems.

Work

Bank of America was slapped with a consent order over anti-money
laundering weaknesses
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The bank agreed to pay a record $1.3 billion to the Treasury
Department’s Financial Crimes Enforcement Network, or FinCEN. The
Office of the Comptroller of the Currency slapped a cease and desist
order and a $450 million civil penalty on TD Bank Thursday over its
inadequate Bank Secrecy Act (BSA) and anti-money laundering (AML)
compliance program. And the Federal Reserve Board imposed a $123.5
million penalty.

Work

American Airlines is cutting international flights next year -- and
blaming Boeing
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“As we bring back capacity, there’s probably 1% of consolidated
capacity or more that’s coming out of regional that will largely be
on the domestic side,” CFO Devon May said on an October earnings
call. “The rest of the growth, I think, will be split relatively
evenly, maybe a little more international than domestic.”

Work

Most Americans did their holiday shopping in store this year
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By the end of next year, the central bank is expecting both core and
headline inflation of its preferred inflation metric — the Personal
Consumption Expenditures index — to tick down slightly to 2.5%.

Work

Bitcoin price might stall in 2025, but the good news is the risk of
recession is low, strategist says
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JT: I’m more in gold right now and I will say I own it and so I
don’t own Bitcoin much to my dismay. I wish I did, obviously. But I
probably will buy some. We should have some if I’m in this business.
I am long gold, but I’m less excited about it than I was before the
election to be candid because I do see the physical, fiat currency of
the US dollar doing a bit better.

Work

National Security Committee Forgoes Decision on U.S. Steel Acquisition
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The Committee on Foreign Investment in the United States kicked a
decision over the merger with Japan’s Nippon Steel to President
Biden, who is expected to block the deal.

Work

I.R.S. to Send Out Unclaimed Tax Credit to One Million Taxpayers
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Some Americans who qualified for a pandemic-era tax credit but did not
claim it will get up to $1,400 in their account within the next month.

Work

Silicon Valley's White House influence grows as Trump taps tech execs
for key roles
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Amazon, Meta and OpenAI Sam Altman have announced donations of $1
million each to Trump's inaugural committee. And in recent weeks,
Silicon Valley executives have made pilgrimages to Trump's residence
Mar-a-Lago in Palm Beach, Florida.

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Matt Gaetz, former Trump AG pick, had sex with underage girl while in
Congress, House Ethics report says
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Gaetz and Greenberg â who met and became friends shortly after Gaetz
was sworn in to Congress in January 2017 â frequently attended
parties with young women who had been contacted by Greenberg via a
"sugar dating" website, the report said.

Work

Sriram Krishnan named Trump's senior policy advisor for AI
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Incoming president Donald Trump has confirmed reports that Sriram
Krishnan, until recently a general partner at Andreessen Horowitz
(a16z), will serve as senior policy advisor for AI at the White House
Office of Science and Technology Policy.

Work

White House calls for investigation into China's alleged
anti-competitive semiconductor industry
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Tensions between the US and China are already high. President Biden
launched an investigation in February into China and other unnamed
countries over possible vulnerabilities and threats from connected
vehicles. Then in May, the White House announced a significant
increase in tariffs on $18 billion worth of Chinese imports including
semiconductors.

Work

El Salvador overturns metals mining ban, defying environmental groups
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Dozens of people protested on Monday near Congress against the
reauthorization of mining, arguing that future projects could affect
the communities and ecosystem of the smallest country in Central
America.

Work

Children among 58 killed in latest Israeli strikes on Gaza, say medics
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Israel’s offensive has killed more than 45,200 Palestinians in Gaza,
more than half of them women and children, according to the Gaza
health ministry. Thousands more people are believed to be buried under
the rubble and tens of thousands have been wounded.

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