From TradeBriefs <[email protected]>
Subject The great global redistributor we never hear about: money sent or brought back by migrants - Jan 18, 2025
Date January 18, 2025 2:54 AM
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- The top 25 stories curated by editors and fellow readers!

Editor's Pick

a''Everything we were taught about success is wronga'': how to find
true fulfilment in your life and career

[[link removed]}&lead=419599&emailid=130251&nl=daily good
life choices yet still feel dissatisfied' A life coach suggests an
alternative way to look at our goals and aspirations to find more
positive outcomes

Continued here
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Editor's Note: The way we've been taught to "do" life is all wrong.
"Destinational living", by which we pursue recognisable outcomes based
on the lie that these will guarantee security and happiness, is an
"end justifies the means" philosophy. Destinational living says:
"Decide what you want your life to look like, come up with a 10

Work

The great global redistributor we never hear about: money sent or
brought back by migrants
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Every year, Carlos Hernandez Mejia, a 35-year-old research scientist
in Amsterdam, sends 3,000 to 4,000 euros to help maintain his mother's
house in Mexico. During the pandemic, he also helped his brother,
sending 300 euros a month to cover rent while he was studying.

Work

The Cost of the Canadian Dream
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Immigrating to Canada, once a goal for many, is now seen as a costly
and often futile endeavour.















Work

Paper-based biosensor offers pain-free diabetes monitoring via sweat
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A new paper-based biosensor system uses bacterial spores that
germinate in response to glucose in potassium-rich bodily fluids, such
as sweat. Credit: Binghamton University Millions of people with
diabetes track their glucose levels daily using finger-stick devices
that draw and analyze their blood.

Work

Seven High-Paying Jobs Most People Don't Want
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The term "high income" is a moving target--jobs that once allowed
folks to afford a nice lifestyle can lose their luster over time as
inflation and other economic forces conspire to erode their value.














Work

7 Simple Ways to Actually Reduce Inflammation in Your Body
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Doctors share the everyday habits that make a difference.

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El Salvador to Shut or Sell Chivo Crypto Wallet as Part of $3.5B IMF
Deal
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El Salvador is in the process of securing a $3.5 billion deal with the
International Monetary Fund, but is making some concessions around
bitcoin (BTC) to get the funding.














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The Five Myths of Self-Compassion
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Most people don't have any problem with seeing compassion as a
thoroughly commendable quality.

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The Last Cowboy Boot Masters of El Paso
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In West Texas, artisans known as "Golden Needles" preserve the craft
of making boots by hand.














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How French modernists from Proust to Mallarme were alarmed and
inspired by the voracious dynamism of the newspaper world
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In the 1860s, Charles Baudelaire bemoaned what we might now call
doomscrolling: Every newspaper, from the first line to the last, is
nothing but a tissue of horrors.

Work

Sweden unveils drone swarm to be paired with ground troops
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MILAN -- Sweden has unveiled a cluster of swarming aerial drones
envisioned to equip ground and air units of the Swedish Armed Forces
for intelligence and surveillance applications. The project was
announced by Swedish Minister for Defense Pal Jonson during a Jan. 15
press conference.














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Honey grows back to 18 million users after being exposed for directly
misleading users
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Honey is a widely used browser extension that promises to save users
money by hunting down coupon codes. It doesn't really do that, though,
as it was exposed for shady tactics in December. But, despite the
blowback, Honey has actually added more users, growing back to 18
million on Chrome alone.

Work

Can You Get Rich Using a Raspberry Pi to Mine Cryptocurrency?
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In olden times, people dug holes in the ground to look for gold. They
called it mining. But why is gold valuable, anyway? Well, mostly
because humans decided it was valuable.














Work

CEO of Chinese smartphone brand Honor resigns due to personal reasons
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George Zhao, the chief executive of Chinese smartphone firm Honor, has
resigned from his position due to personal reasons, the company said
on Friday. Jian Li, who's been at Honor for four years in various
senior management positions, will succeed Zhao as CEO.

Work

Ask Ethan: What are the biggest JWST discoveries so far?
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It's now been more than a full three years since the James Webb Space
Telescope (JWST) -- humanity's newest flagship space observatory --
was launched into space.














Work

Hundreds ordered to evacuate as fire erupts at huge California battery
storage plant
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MOSS LANDING, Calif. (AP) -- Hundreds of people were ordered to
evacuate and part of Highway 1 in Northern California was closed when
a major fire erupted Thursday afternoon at one of the world's largest
battery storage plants.

Work

Speedier drug trials and better films how AI is transforming
businesses
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Keir Starmer this week announced a 50-point plan that aims to give the
UK world leader status in artificial intelligence and grow the economy
by as much as ?47bn a year over a decade.













Work

Meta going down Twitters path wont end the same way - WSJ (No paywall)
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Investors seemed nervous it would at first. Shares of Meta Platforms
slid nearly 6% in the week following Zuckerbergs Jan. 7 announcement
that he was ending the companys internal fact-checking program and
replacing it with a user-based system to flag problematic content.

Work

How cowboys and equestrians are rescuing horses from LAs fires - WSJ
(No paywall) [[link removed]}&lead=419599&emailid=130251&nl=daily]
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As the Eaton fire blazed, Philippa and Natasha Price raced to an
abandoned stable in the foothills of Altadena, Calif. Power lines fell
around them, the sisters later recalled, while they sped into a
restricted zone last Wednesday with a horse trailer.

Work

Fire At One Of The Worlds Largest Battery Storage Plants Triggers
Evacuations Near Monterey Bay - Forbes (No paywall)
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A fire at Moss Landing Power Plant in Monterey Bay, California,
triggered evacuation orders and the closure of a portion of the states
Highway 1 on Thursday night, as authorities tried to determine what
caused the fire at one of the worlds largest grid battery storage
facilities.

Work

Brussels orders X to hand over documents on algorithm - FT (No
paywall) [[link removed]}&lead=419599&emailid=130251&nl=daily]
[[link removed]}&lead=419599&emailid=130251&nl=daily]
Move follows complaints from German politicians ahead of election next
month

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Chinas Xi offers olive branch to Trump by sending top deputy to
inauguration - WSJ (No paywall) [[link removed]}&lead=419599&emailid=130251&nl=daily]
[[link removed]}&lead=419599&emailid=130251&nl=daily]
Chinese leader Xi Jinping is sending his deputy head of state to
attend President-elect Donald Trumps inauguration on Monday, signaling
Beijings willingness to engage the new administration and stabilize
rocky ties with the U.S.

Work

What North Korea gains by sending troops to fight for Russia - The
Economist (No paywall) [[link removed]}&lead=419599&emailid=130251&nl=daily]
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NORTH KOREAN television viewers had a treat just after New Years Day.
The state broadcaster aired 72 Hours, a new film, according to NK
News, a North Korean-focused news site. The movie tells the story of
the first three days of the Korean war and how the conflict was
started by the evil South. (In fact, North Koreas founder, Kim Il
Sung, launched the initial attack.) Among the propaganda messages
embedded in the tale, a big one is the importance of close ties with
Moscow. The films fans include the Russian ambassador in Pyongyang,
North Koreas capital.

Work

An NYC nonprofit has reversed 1,700 overdoses since 2021. Under Trump,
it faces an uncertain future - STAT (No paywall)
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NEW YORK Shawn has spent the better part of the last hour injecting
fentanyl. But he is not in any danger: After a brief scare, when his
heart rate dropped considerably, the pulse oximeter on his left index
finger now says his vital signs are nearly back to normal. The staff
at OnPoint NYC, the harm reduction nonprofit whose back room is
designated for precisely this purpose, are no longer worried. Instead
of administering medical care, they bring him a cup of coffee and a
candy bar.

Work

Trump ready to bypass Congress on border and tariffs - WSJ (No
paywall) [[link removed]}&lead=419599&emailid=130251&nl=daily]
[[link removed]}&lead=419599&emailid=130251&nl=daily]
WASHINGTONDays before his inauguration, President-elect Donald Trump
made clear in a two-hour private meeting with Senate Republicans that
he wouldnt wait on them to start implementing his biggest policy
priorities: overhauling the immigration system and dramatically
reshaping the countrys relationship with its economic allies and
adversaries.

Work

Joe Biden takes parting shot at red states: "Screwed up"
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"We've invested more in red states than blue states Red states really
screwed up in terms of the way they handled their economy, and the way
they handled manufacturing, and the way they handled access to supply
chains," Biden, a Democrat, told MSNBC's Lawrence O'Donnell when asked
about his administration's economic response to the COVID-19 pandemic.

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An even bigger threat is looming behind Californias fires
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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

How Ukraine inspired NATOs new task force to deter Putin
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Thats the mission of a new center in Poland, to be inaugurated next
month, where NATO officials, civilians and Ukrainians will study what
has been learned in fields such as drone warfare, air defenses,
artificial intelligence and the resilience of civilian populations.

Work

How Can Health Care Startups Cut Through Wellness Misinformation? This
Company Has a Plan - Inc (No paywall) [[link removed]}&lead=419599&emailid=130251&nl=daily]
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With two sons under the age of 8, Kara Egan found herself constantly
heading to the doctors office, but never for herself. The Bay Area
health technology investor figured if she was missing checkups and Pap
smear appointments, plenty of other womenespecially those who worked
hourly jobs and risked losing their paycheckswere skipping their
regular cervical cancer screenings too.

Work

C.I.A. Analyst Pleads Guilty to Leaking Classified Documents About
Israel
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Prosecutors said that he repeatedly retrieved and printed classified
information beginning in the spring of 2024, just months after Hamas
terrorists waged a brutal campaign on Israel, killing about 1,200 men,
women and children. That attack, on Oct. 7, incited a war that left
people divided about Israel’s response and tens of thousands dead in
Gaza.

Work

Freed Cuban Dissident: The Church and Biden Got Duped
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“The Biden administration made fools of themselves,” Mr. Ferrer
said in a telephone interview from his home in Santiago de Cuba, the
morning after his release. “In a gesture of supposed good will, they
free a number of people who should never have been jailed, and then
they want in exchange for that for the Church and the American
government to make concessions. They are applauded, and the world sees
that they are so generous.”

Work

Supreme Court Upholds Law Banning TikTok If It's Not Sold by Its
Chinese Parent Company
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The Supreme Court on Friday unanimously upheld the federal law banning
TikTok beginning Sunday unless it's sold by its China-based parent
company,holding that the risk to national security posed by its ties
to China overcomes concerns about limiting speech by the app or its
170 million users in the United States.

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U.S. to Deploy 'Extraordinary Measures' to Avoid Default on Jan. 21
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“The debt limit does not authorize new spending, but it creates a
risk that the federal government might not be able to finance its
existing legal obligations that Congresses and presidents of both
parties have made in the past,” Ms. Yellen said in the letter. “I
respectfully urge Congress to act promptly to protect the full faith
and credit of the United States.”

Work

Crackdown Bill Exposes Democratic Rift on Immigration as Trump Takes
Power
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“You have to meet people where they are, even if your ideological
priors might lead you in a different direction,” Mr. Torres, who is
exploring a run for governor, said in an interview. “I do worry that
when we vote against bills like the Laken Riley Act, we run the risk
of seeming out of touch with most Americans on the issue of
immigration and border security.”

Work

'Red Note,' a Chinese app, is dominating downloads, thanks to TikTok
users.
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Xiaohongshu means “little red book” in Mandarin. Americans new to
the app said they were not put off by the reference to a book of Mao
Zedong’s sayings. Many call the app “Red Note.”

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These Prime Numbers Are So Memorable That People Hunt for Them
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One of my favorite anecdotes about prime numbers concerns Alexander
Grothendieck, who was among the most brilliant mathematicians of the
20th century. According to one account, he was once asked to name a
prime number during a conversation.

Work

Senate Pushes Bill to Deport Migrants Charged With Crimes Past a Key
Hurdle
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Republicans teed it up as the first of several border bills they hope
to revive and enact when they cement their governing trifecta on
Monday with Mr. Trump’s inauguration. A similar measure passed the
House last year but died when the Democratic-led Senate declined to
take it up. The G.O.P. also wants to resurrect measures to increase
deportations, hold asylum seekers outside the United States and strip
federal funding from cities that restrict their cooperation with
federal immigration enforcement agencies.

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GM can't sell your location data for the next 5 years
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Kia America (HYMTF+2.19%), Subaru of America (FUJHY+0.36%), Mitsubishi
Motors (MMTOF+4.48%), Ford, American Honda Motor (HMC+0.91%), Nissan
North America (NSANY+2.70%), and Hyundai Motor America all reportedly
have relationships with Lexis Nexis and Verisk. Their deals aren’t
major money-makers; according to Democratic lawmakers, Hyundai shared
data from 1.7 million vehicles with Verisk over a six-year period for
$1.04 million, or 61 cents per car.

Work

TikTok ban: US Supreme Court upholds law that prohibits the app
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10 January 2025: The Supreme Court's nine justices hear from lawyers
representing TikTok and content creators that the ban would be a
violation of free speech protections for the platform's more than 170
million users in the US.

Work

An Obscure Health Insurance Alternative Is Seeing Tremendous Growth.
but There's a Catch.
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Millions of Americans are ditching health insurance. But could they
still get screwed over?

Work

CNN Settles Defamation Suit After Being Ordered to Pay 5 Million
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The CNN case was concluded after a two-week trial in a Panama City,
Fla., courtroom, where lawyers for the contractor, Zachary Young,
argued that the network had falsely accused him of illegally
participating in a “black market” for exfiltration services in
Afghanistan after the withdrawal of American forces.

Work

American Airlines Accused of Discrimination by Interracial Couple
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Follow New York Times Travel on Instagram and sign up for our Travel
Dispatch newsletter to get expert tips on traveling smarter and
inspiration for your next vacation. Dreaming up a future getaway or
just armchair traveling? Check out our 52 Places to Go in 2025.

Work

I.M.F. Raises U.S. Economic Forecast as Other Regions Lag
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Those wild cards are particularly acute in the United States, where
the incoming Trump administration’s proposed tax cuts, deregulation,
tariffs and curbs on immigration could ignite inflation. All of these
proposals have a common element, Mr. Gourinchas said: They are poised
to increase price pressures.

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'Red Note,' a Chinese App, Is Dominating Downloads, Thanks to TikTok
Users
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TikTok, which is available in more than 150 countries but not China,
is owned by the Chinese internet company ByteDance. American creators
who post videos on TikTok say the app has been a source of connection,
entertainment and information since it became a sensation during the
Covid-19 pandemic. Its secret sauce is its proprietary algorithm,
technology that recommends a constant stream of short videos targeted
to keep people scrolling.

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RedNote Scrambles to Hire English-Speaking Content Moderators
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The Chinese social media platform Xiaohongshu--better known
internationally as RedNote--is scrambling to boost its ability to
moderate English-language content after hundreds of thousands of
American users suddenly joined the platform in anticipation of TikTok
potentially being banned in the Unite

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Trump announces White House economic policy team
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"I am pleased to announce the brilliant team who will serve on the
White House National Economic Council (NEC) under Kevin Hassett, one
of the world's most respected economists," Trump said in a statement.

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Democrats push for inaugural oversight as Trump committee rakes in
cash
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But just days away from the inauguration, there remained significant
questions Friday about how the committee planned to spend all that
money, given that its schedule of festivities was relatively light
compared to other recent inaugurations.

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Trump and China's Xi discuss TikTok, trade, fentanyl, president-elect
says
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The law is set to take effect Sunday. It is unclear how Trump, who has
credited TikTok with helping him defeat Vice President Kamala Harris
in the Nov. 5 election, will handle the impending ban.

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Ozempic is in the next round of Medicare drug price negotiations. See
the full list of 15 medications
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[[link removed]}&lead=419599&emailid=130251&nl=daily]
"I think for the most part, we feel like a lot of the process works
very well" following the first round of negotiations, Brooks-LaSure
said. "I think some of the things that we want to continue to
strengthen is helping outside stakeholders to know what kind of
information is helpful for the team."

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Publishers and Influencers Wonder What Could Replace the Power of
BookTok
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Over the past few years, publishers, authors and booksellers have
grown increasingly dependent on TikTok to drive sales. Many of the top
selling fiction writers in the United States — including Colleen
Hoover, Sarah J. Maas, Freida McFadden, Ana Huang and Rebecca Yarros
— owe their success in part to exposure on TikTok.

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D.C. Restaurants Look Ahead to Incoming Trump Administration
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Even so, she was adamant that Immigrant Food is “not a political
space,” but instead a business using “gastro-advocacy” to
support people who come to this country seeking a better life,
“which is the American story,” she said. She plans to continue
that approach undaunted as the new administration comes into power.

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