Month: May 2022

Portable Device Creates Drinkable Ocean Water in Minutes

natixis-ezine

Read time : 3 mins

Level : Advanced

By Dane Dickerson

A crack team of research engineers from the Massachusetts Institute of Technology (MIT) develops a user-friendly and portable unit that removes salt and other particles from ocean water in a flash. It is roughly the size of a suitcase and incredibly easy to use.

The portable desalinization unit was born in MIT’s Research Laboratory of Electronics (RLE), the birthplace of Ion Concentration Polarization (ICP) which is the filtration process behind its compact design.

For over a decade, a team of five, including senior author Jongyoon Han, sculpted a revolutionary desalination device into existence. It is primarily envisioned to help communities without clean drinking water create their own, among other applications. Continue reading

G7 countries to provide $19.8 billion in aid to Ukraine

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Read time : 3 mins

Level : Intermediate

(Federico Gambarini/dpa via AP)

By FATIMA HUSSEIN and GEIR MOULSON Associated Press

KOENIGSWINTER, Germany (AP) — The Group of Seven leading economies agreed Friday to provide $19.8 billion in economic aid to Ukraine to help keep tight finances from hindering its ability to defend itself from Russia’s invasion.

German Finance Minister Christian Lindner told reporters that $9.5 billion of the total amount was mobilized at meetings of the G-7 finance ministers in Koenigswinter, Germany, this week.

“We agreed that Ukraine’s financial situation must have no influence on Ukraine’s ability to defend itself successfully,” he said. “We need to do our utmost to end this war.”

The money is intended to help the Ukrainian government keep basic services for its people functioning, and is separate from efforts to provide the country with weapons and humanitarian aid.

The needs are vast. Continue reading

DAVOS DIARY: Train, not plane means scenery & carbon cutting

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Read time : 3 mins

Level : Advanced

(AP Photo/Kelvin Chan)

By KELVIN CHAN Associated Press

DAVOS, Switzerland (AP) — If you’re coming to Davos this year, try to take the train instead of flying, organizers of the World Economic Forum said.

So I did.

That meant a 12-hour journey from London to the exclusive gathering in the Swiss Alps, which I’m helping cover for The Associated Press.

Taking a train is much less convenient than a plane, but the scenery made up for it — the rolling farm fields of England and France gave way to Switzerland’s towering mountains and idyllic valleys dotted with chalets. And my carbon footprint will be a lot lower than a flight.

To many, Davos conjures up images of government leaders, billionaire elites and corporate titans jetting in on carbon-spewing private planes even as the meeting increasingly focuses on climate change. Continue reading

Saudi oil giant Aramco’s first-quarter profits surge 80%

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Read time : 3 mins

Level : Intermediate

By ISABEL DEBRE Associated Press

DUBAI, United Arab Emirates (AP) — Oil giant Saudi Aramco said Sunday its profits soared more than 80% in the first three months of the year, as the state-backed company cashes in on the volatility in global energy markets and surging oil prices following Russia’s invasion of Ukraine.

The bumper first-quarter earnings by the firm formally known as the Saudi Arabian Oil Co., which overtook Apple as the world’s most valuable company last week, show a record net income of $39.5 billion, up from $21.7 billion during the same period last year. Continue reading

Workers grapple with new stresses as they return to office

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Read time : 3 mins

Level : Advanced

(Ajinomoto Health & Nutrition via AP)

By ANNE D’INNOCENZIO AP Business Writer

NEW YORK (AP) — Last summer, Julio Carmona started the process of weaning himself off a fully remote work schedule by showing up to the office once a week.

The new hybrid schedule at his job at a state agency in Stratford, Connecticut, still enabled him to spend time cooking dinner for his family and taking his teenage daughter to basketball.

But in the next few months, he’s facing the likelihood of more mandatory days in the office. And that’s creating stress for the father of three.

Carmona, 37, whose father died from COVD-19 last year, worries about contracting the virus but he also ticks off a list of other anxieties: increased costs for lunch and gas, day care costs for his newborn baby, and his struggle to maintain a healthy work-life balance. Continue reading