An order from Beijing has just left it on the brink of the abyss

A Chinese attack on Taiwan would be “a situation that threatens the survival” of Japan. Sanae Takaichi, Japanese Prime Minister, said it on November 9, and it was the trigger for a diplomatic outbreak between the two nations which to this day remains very tense. One of its victims has been tourism. what’s happening. Following Takaichi’s statements, the Chinese government advised its citizens to avoid traveling to Japan and it seems that they have listened to him. They count in Nikkei Asia that the entire ecosystem of businesses that made a living from Chinese tourism in Japan is suffering due to this dispute. Some owners of accommodations that had the full sign posted have found themselves with massive cancellations and the Chinese restaurants in the most touristy areas are practically empty. Why is it important. It is an example of how tensions between China and Japan quickly translate into very concrete economic impacts. Most of Japan’s tourism comes from China and has created an entire industry around it called “yitiao long”, which translates to “a dragon”. It is estimated that it moves around 54,000 million euros per year. the dragon. It is the name given to the tourism industry for Chinese citizens who visit Japan. They offer itineraries, restaurants, transportation, entertainment, accommodations and much more. The peculiarity is that the services are offered by Chinese-owned businesses, so everything is done in the same language and they even use Chinese payment systems to avoid having to change money. The fact that they are businesses so oriented towards Chinese clientele makes it difficult for them to pivot towards other nationalities. Tensions. China’s request not to travel to Japan has not been the only consequence after the prime minister’s statements. China has also pressed threatening aerial maneuvers and the decision of leave japanese zoos without pandasa measure that may seem trivial but has a great background. Goodbye to ambiguity. China’s response to the Japanese Prime Minister’s phrase may seem excessive, but Takaichi’s phrase implies several important details. The first thing is that it breaks with the tradition of previous leaders, whose position on Taiwan had always been ambiguous. On the other hand, the mention of the “survival-threatening situation” is not trivial. It refers to a legal figure that would allow Japan to use force in the event that China attacks Taiwan, even if it does not attack them directly. Image | Gije Cho, Pexels In Xataka | The United States may win the AI ​​race, but its problem is different: China is winning all the others

They are the last hope of an ecosystem on the brink of collapse

Under the waters of the Mar Menor, a tiny army has just deployed on a pyramid of biodegradable clay bricks. There are 55,000 flat oysters —Ostrea edulis— born in a hatchery of the Spanish Institute of Oceanography (IEO-CSIC) and today converted into hope to filter and regenerate a system on the brink of collapse. The operation, carried out by the IEO team and the Association of Southeastern Naturalists (ANSE) with the logistical support of the WWF solar boat, It is the first experimental reef native oyster from the Mar Menor. A deep project. The project is called RemediOS-2, and it doesn’t come out of nowhere. Its first phase, RemediOS-1demonstrated in 2022 that it was possible to produce oyster seed from native specimens of the Mar Menor. In just four months, the IEO hatchery in Lo Pagán produced 60 million larvae from just 36 broodstock. Now, the second phase makes the leap to the open sea. The idea is simple, but ambitious: oysters are natural biofilters. A single oyster can filter five to ten liters of water a day, removing organic matter and nutrients. The researchers estimate that a well-established culture will retain up to 20% of the nitrogen that enters the lagoon each year, and that the entire oyster population would be able to filter the entire Mar Menor in just 23 days. But how does it work? The experimental reef is located near Isla del Barón, one of the most sensitive areas of the Mar Menor. There, 175 blocks of biodegradable clay designed by the company Oyster Heaven were anchored. Larvae settled on them, which now grow feeding on excess nutrients in the water. Each block functions as a “temporary home”: the material slowly degrades while the oysters attach themselves to the bottom and form their own natural reef. In total, the system occupies about 12 square meters of seabed, but represents a key experiment in ecological restoration. Scientific monitoring is carried out by ANSE under the direction of the IEO-CSIC. Technicians analyze the survival, growth and stress level of the oysters, in addition to measuring their sexual maturation and the accumulation of contaminants such as bacteria. E.coli or marine biotoxins. An extra help. To monitor this entire process they need even more hands. So the project counts too with technological support from the Polytechnic University of Cartagena (UPCT). Its researcher Francisco López Castejón used a remote underwater vehicle (ROV) to inspect the reef and see how this technology can monitor underwater habitats where diving is difficult. With science and technology working together underwater, the next question is inevitable. Why oysters in the Mar Menor? For decades, this sea has suffered from the accumulation of nitrates and phosphates from intensive agriculture. These nutrients feed an excess of phytoplankton that clouds the water and depletes oxygen, causing massive episodes of anoxia and death of fauna. The goal of RemediOS-2, in the words of the Department of the Environment of the Region of Murciais that the flat oyster acts as a natural regeneration tool. Its filtering helps reduce eutrophication and its shells, rich in calcium carbonate, contribute to carbon storage, an added benefit in the face of climate change. Beyond restoration. The project is also a test bed for a new blue economy. According to the Pleamar Program, The project aims to involve the local fishing sector, organize marine spaces for future restoration actions and demonstrate that regenerative aquaculture can be compatible with environmental recovery. The third phase of the project will include genetic studies to check whether local oysters are better adapted to climate change, with the aim of producing resistant “seeds” that can be reintroduced both into the lagoon and the Mediterranean. Forecasts. For now, oysters continue to grow under the gaze of researchers and underwater robots. The third part of RemediOS is already in planning. Perhaps these 55,000 oysters alone cannot save the Mar Menor, but they can demonstrate that environmental restoration can start with a mollusk, a handful of biodegradable bricks and a simple idea: let nature repair itself. Image | IEO Xataka | The reservoirs in the Segura basin are at their limit. The question is whether the new rains can save them

Five years ago he worked from his bathroom on the brink of ruin. Today he runs a company valued at 8 billion

The story of Shayne Coplan and Polymarket is one of those striking cases that you like to see in the past. And the founder of this company practically started from bankruptcy in a makeshift bathroom as an office to close a $2 billion investment on the New York Stock Exchange. Now, the prediction markets platform that he founded in 2020 has just reached a valuation of $8 billion after the agreement with Intercontinental Exchange (ICE), owner of the NYSE. The takeoff. Coplan’s situation in 2020 was not exactly an example of the American dream. Just like shared a while ago In a publication in X, he was seen working from a bathroom converted into an office, with hardly any money and alone in charge of the project. Five years later, its platform has become the largest prediction market in the world, where users bet on the results of real events, from elections to sports or culture. Wall Street’s bet. ICE has announced an investment of up to $2 billion in cash in Polymarket, valuing the company at approximately $8 billion before the capital injection. The agreement turns ICE into a global distributor from Polymarket data, which will provide sentiment indicators on topics relevant to financial markets. Additionally, both companies will collaborate on tokenization initiatives that combine traditional financial markets with blockchain technology. How the model works. Polymarket allows users to express their opinions by buying and selling shares on possible event outcomes. Each operation is executed peer-to-peer using smart contracts. Markets grow with the number of participants, and prices reflect the perceived probability of each outcome occurring. The platform gained notoriety for the accuracy of their predictions during the 2024 US presidential electionwhere he managed billions in bets. roller coaster. Polymarket’s trajectory has not been linear. In 2022, federal regulators forced the platform to block US users after an agreement with the Commodity Futures Trading Commission (CFTC). The company operated from abroad for three years. This year, Polymarket bought QCEXa CFTC-licensed derivatives exchange, to return to the US market. The operation came weeks after prosecutors closed an investigation into whether the company had allowed access to American users despite the ban. Return at the perfect time. The changing regulatory climate under the Trump administration has favored emerging sectors such as event contracts and cryptocurrencies. Polymarket received an undisclosed investment in August from 1789 Capital, a firm endorsed by Donald Trump Jr., who later joined the company’s advisory board. What’s coming now. Jeffrey Sprecher, CEO of ICE, admits proudly that the investment combines an institution founded in 1792 (the NYSE), with a company that “is revolutionizing decentralized finance.” For Coplan, the agreement marks the entry of prediction markets into the traditional financial system. It remains to be seen whether these markets can maintain their growth and become truly useful tools for institutional investors. For now, ICE has bet heavily on the response being positive. Cover image | Shayne Coplan and Matthew Reeves (BFA) In Xataka | There is a worrying symptom in the technological economy: Silicon Valley prefers to buy itself rather than invest in the future

Man City is on the brink of elimination from the Champions League after losing to PSG

PARIS — Manchester City are on the brink of a humiliating exit from the Champions League after a shock defeat to Paris Saint-Germain on Wednesday, and Real Madrid are no longer at risk after sweeping Salzburg. Manchester City blew a two-goal lead in a high-stakes clash between underperforming millionaires that PSG won 4-2 in Paris, and could still be eliminated alongside the English champions after the final round of matches next week. Only the top 24 in the 36-team standings will advance and Manchester City, the 2023 champions, will start in 25th place needing to beat Club Brugge to enter the elimination round. PSG, now in 22nd place, will play at Stuttgart, which is in 24th place. Reigning champions Real Madrid are safe, rising from 22nd place at the start of Wednesday to 16th place after thrashing Salzburg 5-1. Arsenal and Inter Milan earned expected wins to move up to third and fourth place respectively, although they are still unsure of joining Liverpool and Barcelona in advancing directly to the round of 16. Arsenal beat Dinamo Zagreb 3-0 and Inter won 1-0 at Sparta Prague. Bayern Munich was defeated 3-0 at Feyenoord, with a pair of goals from the Mexican Santi Giménez, and dropped to 15th place in the mid-table tangle of historic clubs—including Madrid and Juventus—that run the risk of facing each other in the elimination rounds in February. Every question of qualification and elimination will be decided in a likely frantic eighth and final round of matches next Wednesday. All 36 teams will be in action in 18 matches that will begin at the same time, with only the first 24 advancing to the elimination phase. Manchester City looked set to bring PSG closer to elimination by taking a two-goal lead early in the second half. Jack Grealish, a half-time substitute, scored in the 50th minute and then set up Erling Haaland for a second four minutes later. Within six remarkable minutes, PSG were level, with goals from Ousmane Dembele and Bradley Barcola, and a stunning comeback was completed in the 78th when Joao Neves headed the decisive goal. Goncalo Ramos added a fourth in stoppage time. AC Milan quietly climbed to sixth place with a 1-0 win against Girona at the San Siro, and Celtic advanced by winning 1-0 against Young Boys, who lost a seventh game in a row. Sporting Lisbon faces possible elimination next week after losing 2-1 to Leipzig, ending a six-match losing streak, and Shakhtar Donetsk stayed in contention – just barely – with a 2-0 win against the emerging Brest, which will be in the elimination phase. ___ This story was translated from English by an AP editor with the help of a generative artificial intelligence tool.

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