IBM and The Climate Service to Work Together with Financial Institutions and Corporations to Assess the Cost of Climate Risk | News

ARMONK, N.Y. and DURHAM, N.C., Oct. 14, 2020 /PRNewswire/ — IBM (NYSE: IBM) and The Climate Service (TCS), a leader in climate risk analytics for investors and businesses, today announced their alliance to work with financial institutions and corporations to better measure and quantify risks associated with climate change. As part of the alliance, the companies are now making the TCS Climanomics® software platform available via Red Hat OpenShift on IBM Cloud.

This alliance between IBM and TCS makes TCS’s advanced science available with enterprise-grade levels of scalability, availability, security, and interoperability. The companies are working together to help organizations put a price on climate risk and facilitate reporting consistent with the Task Force on Climate-Related Financial Disclosures (TCFD) framework.

The alliance will also leverage the experience of IBM Services in financial risk, analytics, weather risk, and compliance, to use the Climanomics® platform to provide climate risk analytics to

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IBM and The Climate Service to Work Together with Financial Institutions and Corporations to Assess the Cost of Climate Risk

ARMONK, N.Y. and DURHAM, N.C., Oct. 14, 2020 /PRNewswire/ — IBM (NYSE: IBM ) and The Climate Service (TCS), a leader in climate risk analytics for investors and businesses, today announced their alliance to work with financial institutions and corporations to better measure and quantify risks associated with climate change. As part of the alliance, the companies are now making the TCS Climanomics® software platform available via Red Hat OpenShift on IBM Cloud.

This alliance between IBM and TCS makes TCS’s advanced science available with enterprise-grade levels of scalability, availability, security, and interoperability. The companies are working together to help organizations put a price on climate risk and facilitate reporting consistent with the Task Force on Climate-Related Financial Disclosures (TCFD) framework.

The alliance will also leverage the experience of IBM Services in financial risk, analytics, weather risk, and compliance, to use the Climanomics® platform to provide climate risk analytics to

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‘Very High Risk’ Two Large Pieces Of Space Junk Will Collide This Week

A defunct Russian satellite and a spent Chinese rocket just floating around high over Earth could smash into each other within a few days, potentially creating a big mess in orbit with potentially dire long-term consequences.

LeoLabs, which tracks space debris, put out the alert on Tuesday warning that the two large hunks of junk will come within 25 meters of each other and have up to a twenty percent chance of colliding Thursday evening.

That’s considered way too close for comfort by space standards. The two objects have a combined mass of 2,800 kilograms and if they were to smash into each other, the “conjunction” could create thousands of new pieces of space junk that would put actual functioning satellites at risk.

Astronomer Jonathan McDowell, who keeps a close eye on objects in orbit, identified the old crafts

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Very low risk to newborns from moms with COVID-19, finds study — ScienceDaily

Mothers with SARS-CoV-2 infection rarely transmit the virus to their newborns when basic infection-control practices are followed, according to a new study by researchers at Columbia University Irving Medical Center and NewYork-Presbyterian Morgan Stanley Children’s Hospital. The findings — the most detailed data available on the risk of SARS-CoV-2 transmission between moms and their newborns — suggest that more extensive measures like separating COVID-19-positive mothers from their newborns and avoiding direct breastfeeding may not be warranted.

The study was published online today in JAMA Pediatrics.

“Our findings should reassure expectant mothers with COVID-19 that basic infection-control measures during and after childbirth — such as wearing a mask and engaging in breast and hand hygiene when holding or breastfeeding a baby — protected newborns from infection in this series,” says Cynthia Gyamfi-Bannerman, MD, MSc, the Ellen Jacobson Levine and Eugene Jacobson Professor of Women’s Health in Obstetrics and Gynecology at

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Big tech’s emerging market finance push brings rewards and risk

LONDON: A push by big technology firms into financial services in developing countries will improve access to them, but might also make traditional lenders more vulnerable, the Financial Stability Board (FSB) said.

The expansion in emerging markets has generally been more rapid and broad-based than that in advanced economies, the FSB, which coordinates financial regulation for the Group of 20 Economies (G20), said in the report released on Monday.

Lower levels of access to traditional banking and financial services developing economies had created demand for services now offered by big tech firms, the report found, particularly among low-income populations and in rural areas.

An increasing availability of mobile phones and internet access supported this trend, the FSB said.

“However the expansion of BigTech activity also gives rise to risks and vulnerabilities,” it said, pointing to lower financial literacy and firms using other data gathered.

“Competition from BigTech firms may, in

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Big tech’s emerging market finance push brings rewards and risk, FSB says

LONDON, Oct 12 (Reuters) – A push by big technology firms into financial services in developing countries will improve access to them, but might also make traditional lenders more vulnerable, the Financial Stability Board (FSB) said.

The expansion in emerging markets has generally been more rapid and broad-based than that in advanced economies, the FSB, which coordinates financial regulation for the Group of 20 Economies (G20), said in the report released on Monday.

Lower levels of access to traditional banking and financial services developing economies had created demand for services now offered by big tech firms, the report found, particularly among low-income populations and in rural areas.

An increasing availability of mobile phones and internet access supported this trend, the FSB said.

“However the expansion of BigTech activity also gives rise to risks and vulnerabilities,” it said, pointing to lower financial literacy and firms using other data gathered.

“Competition from

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‘Real and imminent’ extinction risk to whales

Humpback whale
A humpback whale jumps to the surface of the Pacific Ocean

More than 350 scientists and conservationists from 40 countries have signed a letter calling for global action to protect whales, dolphins and porpoises from extinction.

They say more than half of all species are of conservation concern, with two on the “knife-edge” of extinction.

Lack of action over polluted and over-exploited seas means that many will be declared extinct within our lifetimes, the letter says.

Even large iconic whales are not safe.

“Let this be a historic moment when realising that whales are in danger sparks a powerful wave of action from everyone: regulators, scientists, politicians and the public to save our oceans,” said Mark Simmonds.

The visiting research fellow at the University of Bristol, UK, and senior marine scientist with Humane Society International, has coordinated the letter, which has been signed by experts across the world.

Growing threats

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Exercise intensity not linked to mortality risk in older adults, finds trial — ScienceDaily

Exercise intensity appears to make no difference to risk of mortality among older adults, suggests a randomised controlled trial from Norway published by The BMJ today.

Physical activity has been highlighted as one of the most important actions people of all ages can engage in to improve health, and data from observational studies show that early death is significantly reduced in physically active compared with inactive individuals.

Yet high quality clinical trial evidence on a potential direct (causal) relation between current advice on physical activity levels and longevity is lacking.

So an international research team set out to evaluate the effect of five years of supervised exercise training compared with recommendations for physical activity on mortality in older adults (70-77 years).

The trial involved 1,567 participants (790 women and 777 men) living in Trondheim, Norway, with an average age of 73 years. In total, 87.5% of participants reported overall good

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Does general anesthesia increase dementia risk? — ScienceDaily

There are concerns that exposure to general anesthesia during surgery may contribute to an increased risk of Alzheimer’s disease. To investigate, researchers compared exposure to general anesthesia versus regional anesthesia during elective surgery, looking for potential links to the development of dementia.

The Journal of the American Geriatrics Society study included 7,499 matched pairs of community-dwelling individuals aged 66 years or older who underwent surgery between 2007 and 2011 and were followed for up to 5 years.

The investigators found no difference in risk of being diagnosed with dementia for individuals who received general anesthesia when compared with those who received regional anesthesia.

“Many older adults experience changes in their cognition immediately following surgery and wonder what role the type of anesthetic might have played in these changes,” said senior author Dallas P. Seitz, MD, PhD, FRCPC, of the University of Calgary, in Canada. “Our study provides evidence that anesthetic

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Musk says Tesla to use new batteries, tech at Berlin factory; flags production risk



a close up of Elon Musk: SpaceX owner and Tesla CEO Elon Musk speaks during a conversation with legendary game designer Todd Howard at the E3 gaming convention in Los Angeles


© Reuters/MIKE BLAKE
SpaceX owner and Tesla CEO Elon Musk speaks during a conversation with legendary game designer Todd Howard at the E3 gaming convention in Los Angeles


(Reuters) – Tesla Inc Chief Executive Elon Musk said on Wednesday the company will produce Model Y with a new structural battery design and technology at its Berlin factory next year and that could result in a “significant production risk”.

The U.S. electric carmaker plans to manufacture a new version of its Model Y crossover vehicle, and possibly even battery cells at the site. Last month, Musk said that Tesla will use its Germany-based plant to demonstrate a radical overhaul of how its cars are built.

The company plans to start the production of Model Y at Gigafactory Berlin during the second half of 2021.

Tesla’s new battery cell – a larger cylindrical format called 4680 that can store more energy and

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