#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/news/30402865

Biden declares major disaster in Texas as focus shifts to who is responsible for the winter weather crisis

InternationalFeb 21. 2021Customers walk through nearly empty aisles at the Natural Grocers in Austin, Texas, on Friday. Grocery stores and some places like breweries were trying to offer free water to residents who could bring their own containers. MUST CREDIT: photo for The Washington Post by Sergio Flores.

By The Washington Post · Drew Harwell, Brittney Martin, Marisa Iati, Kim Bellware

HOUSTON – President Joe Biden signed a major disaster declaration that will allow much of Texas to tap vast reserves of federal aid, the White House said Saturday, offering a new lifeline to a state struggling to recover from a brutal winter storm that left more than 50 dead and millions without power across the South.

https://www.washingtonpost.com/video/c/embed/69880787-cf0c-4449-86e7-54f0a3a1c961?ptvads=block&playthrough=false

As Texas thawed from days of frigid darkness, an epic blame game emerged over who is responsible for the billions of dollars in damages from what some expected would become the most costly weather disaster in state history.

Texas’s deregulated electrical grid had triggered mass outages that left residents in the nation’s second-largest state trapped without heat for days in freezing homes. Several died following desperate attempts to stay warm, including a 75-year-old woman and her three young grandchildren in a suburban Houston house fire sparked by a fireplace.

Many other households faced jaw-dropping electrical bills from some of the state’s increasingly popular variable-rate plans, which charged thousands of dollars for a few days of power as wholesale energy prices soared.

The plans offer a potentially lower-cost alternative to traditional fixed-rate energy payments, but the outages quickly raised havoc. One company, Griddy, said it was forced to raise its prices to 300 times higher than the normal wholesale rate, meaning a typical $2-a-day household would face more than $600 in daily charges.

Texas Gov. Greg Abbott, a Republican, said Saturday he was convening an emergency meeting with state lawmakers to discuss the spikes, saying in a statement that “it is unacceptable for Texans who suffered through days in the freezing cold without electricity or heat to now be hit with skyrocketing energy costs.”

The Electric Reliability Council of Texas (ERCOT), which manages the state’s power grid, faces a state investigation and two lawsuits arguing that its failure to prepare for extreme cold left residents freezing and in the dark.

Texas Attorney General Ken Paxton said Friday he was launching an investigation into how ERCOT and other power companies had “grossly mishandled” the winter storm. An ERCOT official defended its decision to trigger rolling outages, saying in a statement Saturday that it had been the “right choice to avoid a statewide blackout.”

The catastrophic winter storm was expected to become the “largest insurance claim event in [Texas] history,” said the Insurance Council of Texas, a trade group, which estimated the damage would far outpace the $19 billion in claims from Hurricane Harvey in 2017.

Biden’s major disaster declaration in Texas, which followed similar state-of-emergency notices in Louisiana and Oklahoma, will allow the general public and business owners to apply for temporary-housing grants, home-repair loans and other emergency aid. Dallas Mayor Eric Johnson, a Democrat, said Saturday that the declaration would “help our city recover.”

Biden’s Texas declaration offers individual assistance to 77 of 254 counties, including the areas around Houston, Dallas and Austin, but does not cover the entire state. Biden said Friday at the White House that he hopes to visit the state this week.

Abbott said Saturday that the “partial approval is an important first step,” and the White House said more counties could be covered as government officials continue assessing the damage. The Federal Emergency Management Agency has in recent days provided generators, food, water and other supplies statewide.

The gatekeepers of the Texas power grid – famously unregulated and disconnected from the broader United States – are expected to face intense scrutiny over whether they neglected infrastructural upgrades and weather safeguards that could have helped during the disaster.

Congress is likely to open an investigation next week into what went wrong, and the Texas legislature is expected hold its own hearings. At least two Texas residents have filed lawsuits faulting ERCOT for not heeding safety warnings or boosting energy supplies.

Although temperatures have risen since the Arctic storm dropped air below freezing, many across the South are just beginning to recover from the devastation of burst pipes, power failures and flooded homes.

More than 14 million people across the South are still without a consistent supply of clean drinking water, and roughly 80,000 utility customers across Texas woke up Saturday morning without heat or power.

In Houston, the nation’s fourth-largest city, residents on Saturday were still being told to boil all water. In Austin, the state capital, many homes still lacked running water, and officials couldn’t say when it might return.

“This has just been one thing after another,” Austin Mayor Steve Adler, a Democrat, told CNN on Friday. “This is a community of people that are scared and upset and angry. We’re eventually going to need some better answers to why we’re here.”

More than 50 recent deaths have been linked to the bitterly cold weather and its aftermath, including from hypothermia, house fires and carbon-monoxide poisoning from people using cars or ovens to stay warm. In the Houston suburb of Sugar Land, Loan Le, 75, and her three grandchildren – ages 5, 8 and 11 – died in a house fire early Tuesday after using a fireplace to stay warm overnight while without power, city spokesman Douglas Adolph said.

Even as temperatures warmed, the threat of ruptured pipes and dry water supplies threatened further strain. In Killeen, a fire at a fully occupied Hilton Garden Inn raged out of control after the hotel’s sprinkler system failed, officials said. No deaths were reported, and the cause of the blaze is still unknown.

For many, the storm’s challenges are just beginning. Tabitha Charlton, 44, was playing Uno and trying to stay warm with her 7-year-old twins Tuesday when a pipe burst and covered her girls’ bedroom with soggy gray insulation.

On Saturday, as the family laid pillows and stuffed animals out to dry on their lawn in Sienna, 30 miles south of Houston, Charlton remembered back to the three years she had spent battling insurance companies and state agencies for repair costs related to home damages from Hurricane Harvey.

“I settled my Harvey insurance claim last Wednesday, six days before this damage occurred. I haven’t even received the check yet,” Charlton said. “After dealing with that trauma for three-plus years, I felt immediately gutted when this happened. I fell to my knees and sobbed.”

Many in the Lone Star State, faced with an uncertain recovery, have pushed to take matters into their own hands. Don Nichols, 70, visited four hardware stores Saturday trying to find parts to fix the busted pipes at his home in Crosby, 25 miles northeast of Houston, where he also owns a barn and some rental properties. He, his tenants and his 100 cows had been without water for most of the week.

On Saturday afternoon, Nichols stood in line with about 30 others at a Home Depot in the city of Humble, waiting to pick through the remaining plumbing supplies. He said he still remembers the last time it was this cold for this long: Christmastime 1989.

“I had my blankets on and my feather bed and my comforter and all of that, and I was still freezing to death,” he said. “I’m a pretty tough ol’ Boy Scout and I don’t worry about that. But this time, man, I did.”

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/news/30402864

Israel agrees to vaccinate Palestinian workers, Palestinian officials say

InternationalFeb 21. 2021

By The Washington Post · Steve Hendrix

JERUSALEM – Israel, which has faced criticism from human rights groups for not extending its world-leading vaccination program to Palestinian territories under its control, agreed Friday to inoculate 100,000 Palestinians who regularly cross into Israel to work, according to the Palestinian Minister of Health.

The vaccinations, which will occur at ad hoc centers set up along the line dividing Israel from the West Bank, she said, would mark the largest delivery of the protectant serum to the five million Palestinians living there and the Gaza Strip. Authorities there are largely depending on vaccines yet to be distributed by an internationally-funded effort targeting poor countries, as well independent purchases they are making on the open market.

To date, Palestinians have gotten access to about 10,000 doses of the Russian Sputnik vaccine donated by Moscow, 2,000 of which of arrived in Gaza this week. Israel also sent 5,000 doses in early February to inject health workers.

Being able to reach 100,000 workers would mark a significant boost in the Palestinian program, according to Palestinian Heath Minister Mai al-Kaila.

“We welcome this,” al-Kaila said Saturday. “We need to vaccinate our people so we can end the pandemic everywhere.”

The agreement followed a rare meeting between Israeli and Palestinian officials Friday in Ramallah, the West Bank seat of the governing Palestinian Authority. Senior health officials from both sides, including Israel’s coronavirus “czar,” Nachman Ash, discussed efforts to control the outbreak that has killed more than 1,900 in the territories.

Israel’s Ministry of Health has not officially announced the provision of vaccines and officials did not respond to requests for comment Saturday, the Jewish sabbath. But the ministry had indicated earlier in the week its intention to offer doses to Palestinian workers, thousands of whom cross checkpoints every day to work in construction, service and other jobs in Israel.

In a statement, the ministry said Friday’s meeting occurred in the understanding “that Israel and the Palestinians live in one area and that an outbreak of COVID-19 among the Palestinian Authority may also affect the infection rate among Israeli residents.”

Israel has depended on the Pfizer vaccine, which requires ultracold storage, to inoculate more than 40% of its residents. But it also took shipment of a reported 120,000 doses of the Moderna vaccine in January. It was unclear what vaccines would go to the Palestinians and how quickly the shots could begin.

“We agreed on the principle but we don’t know the details yet,” al-Kaila said.

The agreement would represent a reversal of Israel’s reluctance to offer vaccine in mass quantities to the Palestinians. The government has faced months of criticism for that stance, even as it has mounted a fast-paced campaign to inoculate its own population.

Some officials, including the Israeli health minister, said they would be willing to aid the Palestinians but only after their own citizens had gotten the jab.

Human Rights advocates argue that Israel has a moral and legal obligation to vaccinate a population under its effective control. Israel countered that the 30-year-old Oslo accords places responsibility for health care with the Palestinian’s own elected leaders, the Palestinian Authority in the West Bank and the militant Hamas group in Gaza.

The issue grew heated this week when Palestinians accused Israel of pollical interference Tuesday when it turned back a shipment of the Russian-donated vaccine meant for Gaza at a military checkpoint. That incident occurred amid calls from some right-wing Israeli politicians to condition the delivery on the release of hostages and human remains held by Hamas.

Israeli officials said the request to send the vaccine across the checkpoints required time for an official review. The vaccines was allowed to reach in Gaza two days later.

“To me, health should be beyond politics,” al-Kaila said. “We and the Israelis, the Lebanese, the Syrians, the Egyptians, we are all in the same region. We should reach herd immunity together.”

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/news/30402863

In a Russian court, Alexei Navalny loses again but still has the last word

InternationalFeb 21. 2021

By The Washington Post · Robyn Dixon

MOSCOW – Russian opposition leader Alexei Navalny lost in a court appeal against jail time Saturday, but again used his time in the dock to expound on why he stands against President Vladimir Putin, no matter the personal risk.

Even as Russian authorities try to crush Navalny’s stature and his activist network, a series of court hearings has offered him an unexpected public forum for commentary that has run the serious to the sublime.

From the glass-enclosed cage used for defendants, he has talked about a salted cucumber recipe and mused about his lonely path – jailed for standing against the regime.

He has called the judge in his libel case “Obersturmbannführer” – a Nazi paramilitary rank – and described Putin as an old man quivering in his bunker, terrified of his own people.

An Instagram post attributed to him Wednesday mused about spaceships and the risks of living in confinement.

Not expecting justice from a judiciary with an acquittal rate of less than half a percent, Navalny is using his time in the dock in two current court trials to ram home his message that Russia’s criminal justice system is a sham used to silence Putin’s critics.

He calls the cases “performances” trumped up by the authorities to instill fear in the population or to smear him, but he has seized the stage they afford for his own purposes. He appeared in court Saturday for the result of his appeal against a prison term for breaching probation. A second ruling on his trial for criminal libel was due later Saturday. A third case, involving embezzlement allegations and up to 10 years in prison, is pending.

At the appeal hearing Saturday, Navalny mused on the meaning of life and the importance of religious belief, telling the truth and doing what was right, no matter how hard the consequences.

He said the authorities were using the trials against him “showing me they can do as they want, like jugglers.

“Ordinary people who look at this think, ‘What if I run into the judicial system? Do I stand a chance?'” The goal of power, he said was to make people like him feel isolated, alone and frightened.

Navalny said if he was not willing to take risks, he would just be a bunch of molecules floating through space.

He was not enjoying prison but “I do not feel any regret. On the contrary I feel satisfaction. In a difficult moment, I have not betrayed the commandments.” The court rejected his appeal against the jail term, but shortened it slightly to two years and five months to take into account the time he has spent under house arrest.

Navalny said the libel case, in which he is accused of defaming a World War II veteran, is designed as a smear. On Monday, a state media presenter, Vladimir Solovyov, compared Navalny unfavorably to Hitler, who he said had fought bravely as a soldier – “unlike this codpiece Führer,” a reference to a state security agent’s comment that the opposition leader’s underwear was poisoned in an August attack.

The libel allegation stemmed from Navalny’s tweet criticizing a group of people – including actors, other celebrities, sports figures and one war veteran, 94-year-old Ignat Artemenko – who appeared in a RT network propaganda video urging Russians to support constitutional changes that could keep Putin power until 2036. Navalny called the participants traitors and lackeys.

His lawyers argue that his tweet was not libelous because the activist was voicing an opinion, not an assertion capable of being proved factual or otherwise.

When Judge Vera Akimova repeatedly struck out the questions Navalny raised during the trial, he addressed her from his glass prisoner’s cage as Obersturmbannführer and likened the hearing to a Nazi interrogation, adding that she would look good with a German machine gun.

In his final words before the libel verdict Saturday, Navalny said Putin’s United Russia party – which faces testing parliamentary elections due in September – “has turned into an enormous pig which guzzles from a trough of oil and dollars.” He said the regime was using the libel case to pretend it cared about veterans.

Authorities have restricted Navalny’s ability to use the hearing as a platform, with Akimova barring video of the proceedings. However, state media aired his rant against the judge at length, while also reporting that his remarks could trigger yet more charges – of insulting the court.

“Navalny’s hysterics continue, and in the meantime his team, guided by sponsors from the United States, Canada and Europe, are preparing a military coup in the country,” said state TV presenter Yevgeny Popov.

By Tuesday, day three of the hearing, Navalny said the case was so ridiculous he might just as well talk about cucumbers as the law.

“Every moment of this case is obvious legal nonsense,” he said, veering off to tell how he had to order salt repeatedly to his cell, only to finally get three kilograms all at once.

“Now I have a lot of cucumbers and three kilos of salt. Since it makes no sense to talk about any legal issues here, maybe, Prosecutor and Your Honor, you know some good recipes for salted cucumbers,” he said.

According to the independent investigator media website Proyekt, the libel case grew out of a vast Kremlin-directed campaign involving state security service agents, state media propagandists, regional governors and ambitious freelancers all working hard to discredit Navalny. In August, Proyekt published a WhatsApp message that it said was from the presidential administration to all regional policy groups in June initiating an operation against Navalny – based on his tweet – in the lead-up to the Jun. 25 to July 1 vote on the constitutional changes.

“Colleagues, we must urgently organize an information campaign (responses, quotes, rebukes) defending the WWII veteran insulted by A. Navalny. The campaign is to run *until 1 July*,” the message said, including the asterisks. It asked participants to instigate news articles citing other veterans, patriots “or simply any high-profile or well-known individuals” and to submit the articles and links to it.

At the appeal hearing Saturday, Navalny said he dreamed of a future where Russia was not only free but also happy.

“Despite the fact that our country is built on injustice and we constantly face it and see its worst form, armed injustice, tens of millions of people want the truth and they sooner or later they will get it,” he said.

Navalny is finding other ways to communicate. A post on his Instagram account Wednesday, made on his behalf, said that being in jail was not so hard but felt rather like a space voyage “to a beautiful new world.”

“Could I, a fan of books and movies about space, refuse such a flight, even if it lasts three years? Obviously no,” he wrote.

“There’s just one big difference from space movies. I have no weapons at all. What if the ship is attacked by xenomorphs? I doubt I could fight them off with a kettle.”

Space travel is “dangerous,” Navalny added. The voyage could take years longer than expected, or it could take him nowhere.

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/news/30402862

U.S. economy may have its best chance in years to break from era of subpar growth

InternationalFeb 21. 2021

By The Washington Post · David J. Lynch

As increasingly widespread covid-19 vaccinations signal a possible return to normal life, the United States is moving toward an unusual experiment that could produce an economy many Americans will not recognize – for better or for worse.

Factories are humming and consumers are spending again, signs that the United States could emerge from the current health crisis with its strongest growth in decades. Goldman Sachs expects the economy to expand this year at an annual rate of 7%, the fastest pace since President Ronald Reagan proclaimed “morning again in America” in 1984.

The question is whether that fast-paced rebound can be made to last, freeing the nation from the low-growth rut it has plowed for most of the past 20 years, or will instead ignite the sort of inflation that has not been seen since the 1970s. Prominent economists such as former Treasury Secretary Larry Summers already are warning that potential overheating could end in a new recession.

After 20 years of subpar growth, the odds are against a prolonged boom. But the pandemic has catalyzed new thinking about both fiscal and monetary policy, creating the most favorable conditions for restoring vigorous economic growth in several decades.

“In terms of history, this is a unique situation,” said Chetan Ahya, chief economist for Morgan Stanley, who recently advised clients to prepare for a fast-growing “high-pressure economy” through at least the end of 2022.

The Biden administration plans to spend $1.9 trillion backstopping growth on top of the $3.7 trillion in federal funds that have flowed since March, helping all but guarantee years of massive government borrowing to spur the economy.

At the same time, the Federal Reserve says it will keep interest rates near zero even if inflation creeps above the central bank’s annual target of 2%, making it easier for businesses and consumers to borrow.

Not for 75 years, since American G.I.s were battling two totalitarian empires, has the economy been boosted simultaneously by so much deficit spending and so much easy money. The economy will enjoy additional support this year from consumers, who have more than $1.6 trillion in excess savings, thanks in part to last year’s stimulus checks, according to Bank of America.

As President Joe Biden seeks congressional approval of fresh pandemic relief, he plans other moves to boost the economy’s long-term prospects. Administration officials are drawing up an ambitious spending package that would provide up to $3 trillion for a range of Democratic priorities, including infrastructure, clean energy, domestic manufacturing and child and elder care.

The U.S. economy, most experts say, clearly needs a push to re-create the kind of growth that made Americans so prosperous in the last half of the 20th century. Over the past 20 years, by contrast,the U.S. economy grew at an average annual rate of just 1.9%, well below the 3.5% figure between 1980 and 2000.

Expanding the labor force – either through immigration or by making it easier for women to return to work – and modernizing the nation’s infrastructure would deliver faster long-term growth, manyeconomists said. Growing over the next decade at an annual rate of 2.5% rather than the tepid 1.8 pace the Congressional Budget Office expects would produce nearly $11 trillion in additional economic activity.

“Policies make a difference,” said economist Julia Coronado, president of Macropolicy Perspectives. “There’s scope to move toward a higher run rate.”

The current situation bears little resemblance to the government’s response to the 2008 crisis, which produced the most anemic recovery in U.S. history. The Bush and Obama administrations deployed more than $2 trillion to save the economy, but within months of the recession’s official end in June 2009, the United States began reducing the federal deficit, which sapped the economic rebound.

The deficit fears that colored that era’s policy debates today are less potent. Investors require just 1.3% interest to lend money to the government for 10 years, one-third of what they demanded in 2009.

Republican lawmakers still warn against lavish government spending. But after agreeing to add more than $5 trillion to the national debt during the Trump administration, their complaints may carry less weight.

Biden, in any event, seems determined to avoid repeating the mistake of premature austerity.

“Now is the time to go big,” the president said during a CNN town hall this week.

The Fed also has revolutionized its approach to managing the economy. For decades, the central bank had believed that if unemployment fell too low, inflation would rise, requiring it to pump the brakes by raising interest rates.

But as the economy recovered from the Great Recession, unemployment declined to half-century lows without inflation reaching the Fed’s 2% price stability target.

After raising rates in 2018 to head off price increases that never materialized, the Fed pivoted to cutting them in 2019. Fed officials also set out on a national listening tour to hear from communities that hadn’t reaped the benefits of “full employment.”

In August, the Fed announced it no longer would be so quick to raise rates. Instead, central bank officials will allow the jobless rate to fall until inflation exceeds its 2% target for a temporary, but unspecified period of time in order to get more Americans in the workforce.

The new framework is rooted in the lesson of the final pre-pandemic months, when wage gains began reaching lower-income workers who until then had missed out on the expansion’s benefits. Fed officials concluded they “could do more to tighten the labor market than we previously thought was possible,” said Skanda Amarnath, research director at Employ America, a left-leaning think tank.

Still, there are risks with running the economy hot. Summers, who was also an economic adviser to the Clinton and Obama administrations, warned earlier this month that Biden’s $1.9 trillion relief bill could “set off inflationary pressures of a kind we have not seen in a generation.”

Olivier Blanchard, former chief economist of the International Monetary Fund, also has warned that the legislation is too large and risks triggering inflation that would cause the Fed to raise interest rates and likely send the economy into recession.

If demand for goods and services rose too fast, eventually the pool of unemployed workers would be exhausted and factories would be stretched. Beyond that point, wages and prices could begin climbing, repeating the experience of the late 1960s, when President Lyndon B. Johnson famously refused to choose between the “guns” of the Vietnam War and the “butter” of his Great Society domestic agenda. By 1969, prices were increasing at an annual rate of 6.2%, up from just 2.4% two years earlier.

A similar situation today would almost certainly cause the Fed to raise its benchmark lending rate, a move that often leads to recession.

Powell and Treasury Secretary Janet Yellen, a former Fed Chair, have dismissed those concerns. Despite the decline in the official jobless rate, roughly 10 million fewer Americans are working today than were employed last February. More aid from Congress plus a spike in consumer spending could cause “some upward pressure on prices” but it “will be neither large nor sustained,” Powell said.

“We are still very far from a strong labor market whose benefits are broadly shared,” the Fed chair said last week.

But Robin Brooks, chief economist for the Institute of International Finance, an industry group, said financial markets are beginning to register concern. One measure of inflation expectations, the 10-year treasury break even rate, has jumped since the November election to 2.2%, its highest level in more than two years.

“That thing is screaming,” Brooks said. “Perhaps we’re overdoing it.”

At issue is how far below its potential the economy is operating, a measurement that economists call “the output gap.” Those who worry about overheating say the economy was operating close to its limits before the pandemic hit and would be pushed beyond them by Biden’s plan.

CBO says the economy now is about 3% below its potential. But using a different calculus, Goldman Sachs this week pegged the gap at 6%.

“Trying to estimate potential growth is more an art than a science,” said Megan Greene, global chief economist at the Harvard Kennedy School of Government.

Indeed, over the past two decades, CBO scorekeepers have repeatedly lowered their assessments of the economy’s ability to grow without sparking inflation. Throughout 2018 and 2019, CBO said the economy was operating above its sustainable path. Yet the unemployment rate declined from 4.1% at the end of 2017 to 3.5% in February 2020, while inflation stayed tame.

One year ago, the economy was largely healthy. Unemployment of 3.5% was near a half-century low amid a record-long expansion.

The recovery from the pandemic crash, which pushed unemployment to nearly 15% in April, has been faster than expected. Thanks to multiple rounds of federal relief last year, the economy should rise “meaningfully above its pre-covid-19 path” later this year and total output will be higher next year than economists expected before the pandemic, according to Ahya.

But Biden’s “build back better” program aims to create an economy that exceeds the February 2020 model, with reduced income inequality and greater opportunities for women and disadvantaged minority communities.

“There’s now an increased focus not just on aggregate GDP, but how it’s spread across the population [and] addressing inequality and racial justice,” Coronado said. “It’s not just about the growth numbers and the stock market.”

To make that a reality, additional spending beyond the $1.9 trillion relief bill will be needed. Even before that legislation has cleared Congress, the administration is talking up a potential $3 trillion infrastructure package, which faces an uncertain reception on Capitol Hill.

Launching the economy onto a permanently higher trajectory also will require worker retraining, expanded child care to allow women forced from the labor force by the pandemic to return to work, and updated bridges, ports and broadband connections, Greene said.

As millions of Americans each week get vaccinated against covid-19, the economy is stirring. Retail sales in January jumped by more than 5% – their best showing since June – while industrial production rose for the fourth straight month.

“The whole economy is going to grow in a way that we haven’t seen it grow in a long time,” the president said Wednesday. “This is the time for us to move.”