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07 Aug 2025 - 04:48 am

The levies are also likely to reduce America’s economic output, as has happened before. A 2020 study, based on data from 151 countries, including the US, between 1963-2014, found that tariffs have “persistent adverse effects on the size of the pie,” or the gross domestic product of the country imposing them.
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There are a number of possible explanations for this.

One is that, when tariffs are low or non-existent, the country in question can focus on the kind of economic activities where it has an edge and export those goods and services, Gimber told CNN.
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“If you raise tariffs, you’re not going to see that same level of specialization,” he said, noting that the result would be lower labor productivity. “The labor could be better used elsewhere in the economy, in areas where you have a greater competitive advantage.”
Another reason output falls when tariffs are raised lies in the higher cost of imported inputs, wrote the authors of the 2020 study, most of them International Monetary Fund economists.

Fatas at INSEAD suggested the same reason, providing an example: “So I’m a worker and work in a factory. To produce what we produce we need to import microchips from Taiwan. Those things are more expensive. Together, me and the company, we create less value per hour worked.”

Yet another way tariff hikes can hurt the economy is by disrupting the status quo and fueling uncertainty over the future levels of import taxes. That lack of clarity is particularly acute this year, given the erratic nature of Trump’s trade policy.

Surveys by the National Federation of Independent Business in the US suggest the uncertainty is already weighing on American companies’ willingness to invest. The share of small businesses planning a capital outlay within the next six months hit its lowest level in April since at least April 2020, when Covid was sweeping the globe.

“The economy will continue to stumble along until the major sources of uncertainty (including over tariffs) are resolved. It’s hard to steer a ship in the fog,” the federation said.

Whichever forces may be at work, the IMF, to cite just one example, thinks higher US tariffs will lower the country’s productivity and output.

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05 Aug 2025 - 12:39 am

When someone scrolls through Val’s Instagram page, they can see a recent camping trip she took with friends, a batch of homemade chicken nuggets and a few of her favorite memes.
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But what they can’t see: Val, 22, got engaged nine months ago to her boyfriend of two years.

She never made a post about the proposal — and she doesn’t plan to.

“We are happy and content as we are, living our lives together privately … no outsiders peering in through the windows, so to speak,” said Val, who lives with her fiance in San Marcos, Texas, and asked CNN not to use her last name for privacy reasons.
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Val is one of a growing number of young adults from Generation Z, the cohort from age 28 down to teenagers, who are opting for “quiet relationships,” in which their love lives — the good and the bad —remain offline and out of view from a larger audience of friends and family.
It’s a new turn back to the old way of doing things: date nights without selfies, small weddings without public photo galleries and conflict without a procession of passive-aggressive posts. On platforms such as TikTok, creators declaring this preference for “quiet” or “private” relationships rake in thousands of views, and on Pinterest, searches for “city hall elopement” surged over 190% from 2023 to 2024.

If your prefrontal cortex developed before the iPhone came along, you may be rolling your eyes. But for a generation raised on social media, rejecting the pressure to post is a novel development — and one that experts say could redefine the future of intimacy.

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Gen Z’s turn toward privacy partly stems from a growing discomfort with how social media shapes — and distorts — romantic relationships, said Rae Weiss, a Gen Z dating coach studying for her master’s degree in psychology at Columbia University in New York City.

A couple that appears to be #relationshipgoals may flaunt their luxury vacations together, picture-perfect date nights, matching outfits and grand romantic gestures. But Gen Z has been online long enough to know it’s all just a carefully curated ruse.

“It’s no longer a secret that on social media, you’re only posting the best moments of your life, the best angles, the best pictures, the filters,” Weiss said. “Young people are becoming more aware that it can create some level of dissonance and insecurity when your relationship doesn’t look like that all the time.”

Indeed, there are messy, complicated and outright mundane moments to every relationship — but those aren’t algorithmically climbing the ranks (unless the tea is piping hot, of course). This can lead some to equate the value of their relationships with how “Instagrammable” they are, Weiss said.

Frequently broadcasting your relationship on social media has even been linked to lower levels of overall satisfaction and an anxious attachment style between partners, according to a 2023 study.

Embracing private relationships, then, is partly Gen Z’s way of rejecting the suffocating pressures of perfection and returning to the value of real-life displays of affection.

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04 Aug 2025 - 12:05 am

It all started back in March, when dozens of surfers at beaches outside Gulf St Vincent, about an hour south of state capital Adelaide, reported experiencing a sore throat, dry cough and blurred vision after emerging from the sea.
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Shortly after, a mysterious yellow foam appeared in the surf. Then, dead marine animals started washing up.

Scientists at the University of Technology Sydney soon confirmed the culprit: a buildup of a tiny planktonic algae called Karenia mikimotoi. And it was spreading.
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In early May, the government of Kangaroo Island, a popular eco-tourism destination, said the algal bloom had reached its coastline. A storm at the end of May pushed the algae down the coast into the Coorong lagoon. By July, it had reached the beaches of Adelaide.

Diverse algae are essential to healthy marine ecosystems, converting carbon dioxide into oxygen and benefiting organisms all the way up the food chain, from sea sponges and crabs to whales.

But too much of one specific type of algae can be toxic, causing a harmful algal bloom, also sometimes known as a red tide.

While Karenia mikimotoi does not cause long-term harm to humans, it can damage the gills of fish and shellfish, preventing them from breathing. Algal blooms can also cause discoloration in the water and block sunlight from coming in, harming ecosystems.

The Great Southern Reef is a haven for “really unique” biodiversity, said Bennett, a researcher at the University of Tasmania, who coined the name for the interconnected reef system which spans Australia’s south coast.

About 70% of the species that live there are endemic to the area, he said, meaning they are found nowhere else in the world.

“For these species, once they’re gone, they’re gone.”

Anthonyfek

03 Aug 2025 - 05:40 pm

What struck Scott Bennett most were the razor clams.

The long saltwater clams, resembling old-fashioned razors, normally burrow into sand to avoid predators. But when Bennett, an ecologist, visited South Australia’s Great Southern Reef last month, he saw thousands of them rotting on the sea floor.
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“100% of them were dead and wasting away on the bottom,” Bennett told CNN.

Since March, a harmful algal bloom, fueled by a marine heat wave, has been choking South Australia’s coastline, turning once-colorful ecosystems filled with thriving marine life into underwater graveyards.

The bloom has killed about 15,000 animals from over 450 species, according to observations on the citizen science site iNaturalist. They include longfinned worm eels, surf crabs, warty prowfish, leafy seadragons, hairy mussels and common bottlenose dolphins.
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The algae have poisoned more than 4,500 square kilometers (1,737 square miles) of the state’s waters – an area larger than Rhode Island – littering beaches with carcasses and ravaging an area known for its diversity.

It’s “one of the worst marine disasters in living memory,” according to a report by the Biodiversity Council, an independent expert group founded by 11 Australian universities.

The toxic algal bloom has devastated South Australia’s fishing industry and repelled beachgoers, serving as a stark warning of what happens when climate change goes unchecked.

Once a bloom begins, there is no way of stopping it.

“This shouldn’t be treated as an isolated event,” Bennett said. “This is symptomatic of climate driven impacts that we’re seeing across Australia due to climate change.”