Vanguard offers tips for long-term investing success.
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Making the best of a market downturn
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3Q: Collaborating with users to develop accessible designs
Academic researchers and others have long struggled with making data visualizations accessible to people who are blind. One technological approach has been 3-D printing tactile representations of data, in the form of raised bar graphs and line charts. But, often, the intended users have little say in the actual design process, and the end result isn’t as effective as planned.
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Groundbreaking all-solid-state battery technology
On March 9 in London, researchers from the Samsung Advanced Institute of Technology (SAIT) and the Samsung R&D Institute Japan (SRJ) presented a study on high-performance, long-lasting all-solid-state batteries to Nature Energy, one of the world’s leading scientific journals.
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Twitter CEO Dorsey to ‘reconsider’ Africa plans
Twitter chief executive Jack Dorsey said Thursday he is rethinking plans to spend as long as six months in Africa, partly due to concerns over the new-coronavirus epidemic.
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The unfoldable bridge
There are many different methods for erecting bridges—but the new technique developed by TU Wien, the balanced lowering method, is quite spectacular: the bridge is not built horizontally, as would normally be case, but erected in a vertical position and then rotated into the horizontal position. The first large scale tests were carried out in 2010; since then, the method has been refined and tuned until finally finding its first application by the ASFINAG for two bridges of the Fürstenfeld Motorway S7. With the erection process successfully completed for the Lahnbach Bridge, the 116 m long bridge over the Lafnitz was “unfolded” on the 27th of February 2020. With no scaffolding needed, this new bridge construction method not only saves time but also money and resources.
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Children’s use of social media is creating a new type of digital native
The first generation of people who have grown up using social media such as Facebook and Instagram are entering the workforce. For as long as this breed of so-called “digital natives” has been alive, some academics have been arguing that using the internet from a young age would shape the way people learn, work and even think.
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Light, efficient, affordable – the shape of things to come in components
Lightweight technology has long been and is sure to remain a mainstay of automotive and aerospace engineering, shipbuilding and a host of other industries. Lighter materials and components could also help cut emissions that drive climate change. But lighter options are pricier, and the relatively steep cost has impeded their adoption. That is about to change thanks to the efforts of a consortium of automakers, suppliers and research institutes. Called ALLIANCE and coordinated by Daimler and the Fraunhofer Institute for Structural Durability and System Reliability LBF, this project has some good news for designers: As it turns out, it is entirely possible to build components that are up to 33 percent lighter at an added cost of less than three euros per kilogram-saved.
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UN releases US$15 million to help vulnerable countries battle the spread of the coronavirus
UN Humanitarian Chief Mark Lowcock today released US$15 million from the Central Emergency Response Fund (CERF) to help fund global efforts to contain the COVID-19 virus.
The announcement came as the World Health Organization (WHO) upgraded the global risk of the coronavirus outbreak to “very high” – its top level of risk assessment. The WHO has said there is still a chance of containing the virus if its chain of transmission is broken.
The sudden increases of cases in Italy, the Islamic Republic of Iran and the Republic of Korea are deeply concerning. There are now cases linked to Iran in Bahrain, Iraq, Kuwait and Oman, along with cases linked to Italy in Algeria, Austria, Croatia, Germany, Spain and Switzerland.
The UN funding has been released to the WHO and the United Nations Children’s Fund (UNICEF). It will fund essential activities including monitoring the spread of the virus, investigating cases, and the operation of national laboratories.
The WHO has called for US$675 million to fund the fight against coronavirus. There is a window of opportunity to contain the spread of the virus if countries take robust measures to detect cases early, isolate and care for patients, and trace contacts.
Emergency Relief Coordinator and Under-Secretary-General for Humanitarian Affairs, Mark Lowcock said: “We do not yet see evidence that the virus is spreading freely. As long as that’s the case, we still have a chance of containing it.
“But swift and robust action must be taken to detect cases early, isolate and care for patients, and trace contacts. We must act now to stop this virus from putting more lives at risk.
“This grant from the UN’s Emergency Fund will help countries with fragile health systems boost their detection and response operations. It has the potential to save the lives of millions of vulnerable people.”
This is a critical juncture in the outbreak. The focus is on containing COVID-19 by strengthening surveillance, conducting thorough outbreak investigations to identify contacts and applying appropriate measures to prevent further spread.
Tedros Adhanom Ghebreyesus, WHO Director-General, said: “The potential spread of the virus to countries with weaker health systems is one of our biggest concerns. These funds will help support these countries get ready for detecting and isolating cases, protecting their health workers, and treating patients with dignity and appropriate care. This will help us save lives and push back the virus”
UNICEF is leading on preventative actions in communities across the affected countries with risk communication, providing hygiene and medical kits to schools and health clinics and monitoring the impact of the outbreak to support continuity of care, education and social services.
“At this pivotal moment, every effort must be made to push back against the outbreak,” said UNICEF Executive Director Henrietta Fore. “These crucial funds will support our global efforts to bolster weaker health systems and inform children, pregnant women and families about how to protect themselves.”
Since it was launched in 2006, CERF has provided more than $6 billion to over 100 countries and helped hundreds of millions of people.
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VW strikes ‘dieselgate’ compensation deal with German consumers
An important chapter in Volkswagen’s years-long “dieselgate” emissions cheating saga appeared headed for a close Friday, as the German car giant agreed a compensation deal with domestic consumer groups.
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The economic cost of female genital mutilation
An interactive data tool launched by WHO reveals for the first time the current and future financial cost of health care for women living with conditions caused by female genital mutilation (FGM).
The total costs amount to USD 1.4 billion annually.
The FGM Cost Calculator is being launched on this year’s International Day of Zero Tolerance for FGM. This new tool shows that if FGM were abandoned now the associated savings
in health costs would be more than 60% by 2050. This data, available for 27 of the 30 countries where FGM is practiced, will strengthen the economic argument of community activists, policy makers, programme planners and donors working to end this
human rights violation.Q&As on the FGM Cost Calculator
Access the FGM Cost CalculatorA human rights violation with economic costs
FGM includes procedures that intentionally alter or cause injury to the female genital organs for non-medical reasons. More than 200 million girls and women alive today have been cut in 30 countries in Africa, the Middle East and Asia where FGM is concentrated.
[1] An extreme form of gender discrimination, it is recognized internationally as a violation of the human rights of girls and women: including the right to health, security and physical integrity and the right to be free from torture and cruel, inhuman
or degrading treatment.FGM has no health benefits and causes only harm. Women and girls who are subjected to FGM are at risk of both short- and long-term negative health consequences – including for their physical, sexual, mental, and social well-being.
The direct financial cost of treating the negative health complications caused by FGM can span generations, starting as early as childbirth. This puts a significant economic burden on health systems and national budgets, especially in countries with rates
of FGM greater than 10%.Until now, there have been limited data on the financial costs associated with FGM, making it hard to demonstrate the cost-effectiveness of programmes and policies that can prevent FGM by 2030 – a global priority in the Sustainable Development Agenda.
The new WHO Cost Calculator now provides an economic argument which can be used by those advocating for an end to FGM.Calculating health care costs of FGM
Users of the new FGM Cost Calculator can choose a country and identify current costs of treating health conditions caused by FGM. Since the tool is interactive, it produces bespoke graphs showing the potential amount of money saved if FGM is prevented
by a selected percentage.If no action is taken to prevent FGM, it is estimated that related health costs will soar by 50% by 2050, as populations grow and as more girls undergo the procedure.
How it works
The FGM Cost Calculator combines data on health risk associated with FGM, health costs and national FGM prevalence to analyze the economic impact on national health services of treating the consequences of these harmful practices.
Health risk data were taken from a WHO database created for this analysis, pooling all available information from systematic reviews of health consequences of FGM. The following categories were used, each with a biological link to FGM: gynaecological,
obstetric, urological, mental and sexual, as well as the immediate health complications that can result following the cutting.To be included in the calculator, a health condition needed to show evidence of increased risk when comparing women with and without FGM. It also needed to have a treatment which could be implemented and costed in the health sector.
Health costs were calculated from the WHO One Health Tool and other data. The financial burden of treating selected health conditions was calculated at a national level.
A strong case for investment in preventing FGM
Rates of FGM have declined over the past 30 years, but not fast enough to keep up with population growth. If trends continue, the number of girls and women undergoing FGM will rise significantly in the next 15 years, in turn raising national health care
costs of caring for them.Additional resources are urgently needed to scale up interventions that can prevent FGM in the future and reduce health complications.
By providing quantifiable numbers on the cost of treating health conditions directly linked to FGM, for the first time, the FGM Cost Calculator can be a crucial tool in building an investment case for a future where no girl or woman is cut.
[1] Female Genital Mutilation/Cutting: A Global Concern, UNICEF, New York, 2016
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