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Friday, November 1, 2024

Walz boasted of Minn. hosting ‘numerous senior China leaders’ in 2021 letter

 Minnesota Gov. Tim Walz, the Democratic vice presidential nominee, boasted about Minnesota hosting several top Chinese leaders in a letter unearthed by Fox News Digital.

The Minnesota International Chinese School showcased a 2021 letter from Walz on its YouTube channel celebrating the 10th anniversary of the school’s Chinese New Year.

“Minnesota has a longstanding relationship with the people of China,” Walz said in the letter. 

“The state has promoted Minnesota’s connections with China and has hosted numerous senior Chinese leaders for decades. Thousands of Minnesotans claim ancestral connections to China, which has helped foster numerous ties between Minnesota and China.”

Skip in 3s

“These ties are rapidly expanding through the growth of education, trade, and investment opportunities between our two peoples,” he added before congratulating the school on a “very important milestone” and “teaching our language learners and future leaders the importance of speaking multiple languages and of being global citizens.”

The letter came within 10 days of Zhao Jian, the Consul General of China in Chicago, recording a four-minute greeting in Chinese for the school, according to the school’s YouTube channel.

Walz’s connection to Jian has been under scrutiny in recent weeks after the House Oversight Committee unearthed a meeting between Walz and Jian earlier this year discussing “China-U.S. relations and sub-national cooperation.”

While the specifics of the meeting aren’t clear, a 2022 report from the Biden administration’s Director of National Intelligence (DNI) highlighted how U.S.-based Chinese consulates like the one Walz met with “play an active role” in “foreign influence operations” on behalf of the CCP. 

Minnesota Governor Tim Walz, running mate of Vice President Kamala Harris, Democratic nominee for president, arrives to speak during a rally at Burns Park in Ann Arbor, Mich., on Monday, October 28, 2024
The letter from the Minnesota International Chinese School was written in 2021 by Walz and was on its YouTube channel celebrating the 10th anniversary of the school’s Chinese New Year.CQ-Roll Call, Inc via Getty Images

Walz’s decades-long ties to China have come back to haunt him since Vice President Harris picked him to join her Democratic ticket as the vice presidential nominee.

He worked briefly in China as a teacher, traveling to Guangdong in 1989 for a teaching-abroad program to teach English and American history. 

Walz was initially believed to have made dozens of trips to China over his lifetime, but a campaign spokesperson would later try to walk that number back and say he made approximately 15 visits to China, which included his honeymoon in 1994. 

“I’ve lived in China and, as I’ve said, I’ve been there about 30 times. . . . I don’t fall into the category that China necessarily needs to be an adversarial relationship. I totally disagree, and I think we need to stand firm on what they’re doing in the South China Sea, but there’s many areas of cooperation we can work on,” Walz previously said in an interview with Agri-Pulse Communications.

He also came to the defense of the Chinese Communist system, saying during a 1991 school lesson that it “means that everyone is the same, and everyone shares.” 

“The doctor and the construction worker make the same,” he continued, according to the Washington Free Beacon.

“The Chinese government and the place they work for provide housing and 14 kg or about 30 pounds of rice per month. They get food and housing.”

Walz was also quoted by a local outlet in 1990 reflecting on his visits to China, saying, “No matter how long I live, I will never be treated that well again. . . . They gave me more gifts than I could bring home. It was an excellent experience,” Walz said, adding that he had been “treated exceptionally well.”

Fox News Digital recently reported that a Department of Homeland Security (DHS) official sounded the alarm with colleagues about how Harris’ decision to pick Walz for the presidential ticket “feeds into” activities the People’s Republic of China (PRC) were conducting “with him and local government,” warning that Beijing could “target” him to exert influence on U.S. policy. 

“Walt’s [sic] got the Vp,” reads the message, with the identity of the sender redacted.

“You all have no idea how this feeds into what prc has been doing here with him and local gov.”

The official added, “It’s seriously a line of the intel. Target someone who is perceived they can get to DC.” 

A flag bearer unfurls the Chinese national flag during a flag-raising ceremony at Tian'anmen Square on October 1, 2024 in Beijing, China.
Walz has made numerous trips to China over the years.VCG via Getty Images

House Oversight Committee Chair James Comer wrote in a letter to Mayorkas on Tuesday that the Committee is “releasing the above message as an example of communications within DHS’s possession in which DHS officials express concern about the CCP targeting politicians and their influence operations at the state and local levels — and specifically, concerns about the CCP’s influence operations as they related to Governor Walz.”

Walz has also faced scrutiny for his ties to a Minnesota-based medical research institute with a long track record of collaborating with a firm labeled by the Pentagon as a “Chinese military company” and with Chinese officials with controversial ties to the CCP.

In 2014, Walz welcomed a delegation from China to the institute that included Wang Yanling, the vice governor of Henan Province and a Communist Party doctor.

Yanling is listed as holding several positions in the Chinese Communist Party over the course of many decades.

Several members of the Chinese Communist Party have sat on the board of directors at the Henan Cancer Institute, according to an archived version of the organization’s website.

Fox News Digital reached out to Harris-Walz campaign.

https://nypost.com/2024/11/01/us-news/unearthed-letter-reveals-walz-boasted-about-minnesota-hosting-numerous-senior-chinese-leaders/

US Regulator Rejects Amazon-Talen Nuclear Power Agreement

 

The Federal Energy Regulatory Commission rejected an agreement that would have allowed an Amazon Inc.com data center to directly tap into power from an Pennsylvania nuclear plant.

FERC voted 2-1 against the proposal that would have increased the amount of power supplied to a data center located next to the nuclear facility owned by Talen Energy Corp.

https://www.bloomberg.com/news/articles/2024-11-02/us-regulator-rejects-amazon-talen-nuclear-power-agreement

Nvidia To Replace Intel In The Dow Jones Industrial Average; Stock Jumps

 Just when it seemed that Nvidia's recent record rally was in danger of fizzling, a Deus Ex Machina arrived late on Friday when the determinations committee of S&P Dow Jones Indices, the owner of the Dow Jones Industrial Average, announced that Nvidia would replace Intel on the Dow Jones Industrial Average (which has clearly become anything but), a shakeup to the blue-chip index that replaces a flagging semiconductor company with the primary vendor of GPUs for AI. Separately, Sherwin Williams will unironically replace one-time chemical giant (and Dow Jones eponym), Dow, Inc, in the average as well. The switch will take place on Nov. 8.

Intel shares were down 1% in extended trading on Friday. Nvidia shares rose 1%.

Nvidia shares have climbed over 180% so far in 2024 as investors bet the company has emerged as the primary beneficiary of the AI boom. The fast rise of Nvidia on the back of its data center AI processors has led it to be one of only a handful of companies with a market cap over $3 trillion, alongside Microsoft and Apple, both of which are already included in the DJIA.

Over the last five years, NVDA and The Dow look a little different but we are sure it will fit right in...

On the other hand, Intel shares have tumbled more than 50% so far this year as the company struggles with manufacturing challenges, new competition for its central processors, and the sad reality that this once glorious chipmaker has missed out on the AI trend.

The Dow contains 30 components and is weighted by the share price of the individual stocks instead of the companies total market value. Nvidia put itself in better position in May, when the company announced a 10-for-1 stock split. While doing nothing to its market cap, the move slashed the price of each share by 90%, allowing it to become a part of the Dow without having too heavy a weighting.

The switch is the first change to the index since February, when Amazon replaced Walgreens Boots Alliance. Over the years, the industrial-heavy Dow has been playing catch up and gaining exposure to the largest technology companies. With the addition of Nvidia, four of the six trillion-dollar tech companies are now in the index. The two not in the index are Alphabet and Meta.

The 30 companies that make up the DJIA currently are shown below:

  • 3M
  • American Express
  • Amgen
  • Amazon
  • Apple
  • Boeing
  • Caterpillar
  • Chevron
  • Cisco
  • Coca-Cola
  • Disney
  • Dow
  • Goldman Sachs
  • Home Depot
  • Honeywell
  • IBM
  • Intel
  • Johnson & Johnson
  • JPMorgan Chase
  • McDonald's
  • Merck
  • Microsoft
  • Nike
  • Procter & Gamble
  • Salesforce
  • Travelers
  • UnitedHealth Group
  • Verizon
  • Visa
  • Walmart

Some will point out that such Dow Jones moves tend to be a bottom or top tick opportunity, and point to the August 2020 switch in the Dow Jones when Salesforce replaced Exxon. Since then XOM has more than doubled, while CRM is unchanged.

Will the Dow Jones also top-tick Nvidia this time, while unleashing a new golden age for Intel?

https://www.zerohedge.com/markets/nvidia-replace-intel-dow-jones-industrial-average-stock-jumps

Finger-Prick Test for Alzheimer’s Disease?

 A finger-prick blood test can accurately identify p-tau217 — a key biomarker of Alzheimer's disease (AD) — without the need for temperature or storage control measures.

In a pilot study, researchers found a good correlation of p-tau217 levels from blood obtained via standard venous sampling and from a single finger prick.

“We see the potential that capillary p-tau217 from dried blood spots could overcome the limitations of standard venous collection of being invasive, dependent on centrifuges and ultra-low temperature freezers, and also requiring less volume than standard plasma analysis,” said lead investigator Hanna Huber, PhD, Department of Psychiatry and Neurochemistry, Institute of Neuroscience and Physiology, University of Gothenburg, Sweden. 

The findings were presented on October 30 at the 17th Clinical Trials on Alzheimer's Disease (CTAD) conference.

Strong Link Between Venous and Capillary Samples 

p-tau217 has emerged as the most effective blood test to identify AD. However, traditional venous blood sampling requires certain infrastructure and immediate processing. Increased and simplified access to this blood biomarker could be crucial for early diagnosis, proper patient management, and prompt initiation of disease-modifying treatments. 

The DROP-AD project is investigating the diagnostic performance of finger-prick collection to accurately measure p-tau217. 

In the current study, the research team obtained paired venous blood and capillary blood samples from 206 adults (mean age, 71.8 years; 59% women), with or without cognitive impairment, from five European centers. A subset of participants provided a second finger-prick sample collected without any supervision. 

The capillary blood samples were obtained via a single finger prick, and then single blood drops were applied to a dried plasma spot (DPS) card, which was then shipped to a lab (without temperature control or cooling) for p-tau217 measurement. Cerebrospinal fluid biomarkers were available for a subset of individuals.

Throughout the entire study population, there was a “very convincing correlation” between p-tau217 levels from capillary DPS and venous plasma, Huber told conference attendees. 

Additionally, capillary DPS p-tau217 levels were able to discriminate amyloid-positive from amyloid-negative individuals, with levels of this biomarker increasing in a stepwise fashion, “from cognitively unimpaired individuals to individuals with mild cognitive impairment and, finally, to dementia patients,” Huber said.

Of note, capillary p-tau217 levels from DPS samples that were collected by research staff did not differ from unsupervised self-collected samples. 

What about the stability of the samples? Capillary DPS p-tau-217 is “stable over 2 weeks at room temperature,” Huber said. 

Ready for Prime Time?

Preliminary data from the DROP-AD project highlight the potential of using finger-prick blood collection to identify neurofilament light (NfL) and glial fibrillary acidic protein (GFAP), two other AD biomarkers.

“We think that capillary p-tau217, but also other biomarkers, could be a widely accessible and cheap alternative for clinical practice and clinical trials in individuals with cognitive decline if the results are confirmed in longitudinal and home-sampling cohorts,” Huber concluded. 

“Measuring biomarkers by a simple finger prick could facilitate regular and autonomous sampling at home, which would be particularly useful in remote and rural settings,” she noted. 

The findings in this study confirm and extend earlier findings that the study team reported last year at the Alzheimer's Association International Conference (AAIC). 

“The data shared at CTAD 2024, along with the related material previously presented at AAIC 2023, reporting on a 'finger prick' blood test approach is interesting and emerging work but not yet ready for clinical use,” Rebecca M. Edelmayer, PhD, Alzheimer’s Association vice president of scientific engagement, told Medscape Medical News.

“That said, the idea of a highly accessible and scalable tool that can aid in easier and more equitable diagnosis would be welcomed by researchers, clinicians, and individuals and families affected by Alzheimer’s disease and all other dementias,” Edelmayer said.

“This finger-prick blood testing technology for Alzheimer’s biomarkers still has to be validated more broadly, but it is very promising. Advancements in technology and practice demonstrate the simplicity, transportability, and diagnostic value of blood-based biomarkers for Alzheimer’s,” she added. 

The Alzheimer’s Association is currently conducting a systematic review of the evidence and preparing clinical practice guidelines on blood-based biomarker tests for specialized healthcare settings, with publications, clinical resources, and tools anticipated in 2025, Edelmayer noted. 

The study had no commercial funding. Huber and Edelmayer report no relevant conflicts of interest. 

https://www.medscape.com/viewarticle/finger-prick-test-alzheimers-disease-2024a1000k1b

Virtual Yoga Classes Improve Chronic Low Back Pain

 Virtual yoga classes significantly reduced chronic low back pain intensity and improved back-related function in health system employees. Improvements were sustained at 24 weeks, with reduced pain medication use and better sleep quality.

METHODOLOGY:

  • A single-blinded, 24-week, 2-arm, randomized clinical trial was conducted from May 3, 2022, through May 23, 2023, comparing live-streamed yoga classes with a wait-list control among adults with chronic low back pain.
  • A total of 140 participants aged 18-64 years with chronic low back pain were recruited from the Cleveland Clinic Employee Health Plan.
  • Inclusion criteria included a mean low back pain intensity score of at least 4 on an 11-point numerical rating scale and daily back pain interference about half or more of the days.
  • The intervention consisted of 12 consecutive weekly, 60-minute, virtual, live-streamed hatha yoga group classes.
  • Coprimary outcomes were mean pain intensity in the previous week on the 11-point numerical rating scale and back-related function as assessed using the 23-point modified Roland Morris Disability Questionnaire at 12 weeks.

TAKEAWAY:

  • Participants in the virtual yoga group showed greater reductions in mean pain intensity at 12 weeks (mean change, -1.5 points; P < .001) and 24 weeks (mean change, -2.3 points; P < .001) compared to the wait-list control group.
  • Back-related function improved significantly in the virtual yoga group at 12 weeks (mean change, -2.8 points; P < .001) and 24 weeks (mean change, -4.6 points; P < .001) compared to the control group.
  • Virtual yoga participants reported 21.2 percentage points less use of any analgesic medication during the past week at 24 weeks compared to the control group.
  • Sleep quality improved more in the virtual yoga group at 12 weeks (mean change, 0.4 points; P = .008) and 24 weeks (mean change, 0.4 points; P = .005) compared to the control group.

IN PRACTICE:

"Given the demonstrated noninferiority of yoga to physical therapy, structured virtual yoga programs and physical therapy are reasonable choices for patients with [chronic low back pain] depending on accessibility, cost, and patient preference. These findings support the call by the National Academy of Medicine for increased evidenced-based pain treatments that can be disseminated via technology-based platforms," wrote the authors of the study.

SOURCE:

The study was led by Hallie Tankha, PhD, Cleveland Clinic in Cleveland. It was published online on November 1, in JAMA Network Open.

LIMITATIONS: 

The study had a low adherence rate, with only 36.6% of participants attending at least 50% of the yoga classes. There was also a higher rate of missing data in the yoga group compared to the control group. The study did not include a longer-term follow-up assessment beyond 24 weeks.

DISCLOSURES:

This study was supported by grants from Cleveland Clinic Healthcare Delivery and Implementation Science Center. Michael Rothberg, MD, MPH, disclosed receiving personal fees from the Blue Cross Blue Shield Association. Eric Roseen, DC, PhD, reported receiving grants from the National Institutes of Health National Center for Complementary and Integrative Health. Robert Saper, MD, MPH, disclosed receiving personal fees from UpToDate and grants from NCCIH related to yoga and tai chi for treatment of pain. Additional disclosures are noted in the original article.

This article was created using several editorial tools, including AI, as part of the process. Human editors reviewed this content before publication.

https://www.medscape.com/viewarticle/virtual-yoga-classes-improve-chronic-low-back-pain-2024a1000k13

'BlackRock Reportedly Uses TikTok Influencers At ETF Launch Party'

 Larry Fink's BlackRock appears to have used a PR agency to tap TikTok influencers for a launch event in New York City to promote a new exchange-traded fund focused on the top 20 US stocks. 

According to TikTok influencer Piper Cassidy Phillips, she and other influencers were invited "to an influencer event with BlackRock" earlier this week. They were invited to a wine bar in the West Village

Phillips said this was the first time she had seen a financial institution inviting influencers to an event to promote an ETF product. She added that Fink's BlackRock worked with "a huge PR agency" to put on the event. 

Phillips discussed the iShares Top 20 US Stocks ETF (TOPT) in the video, which is focused on the 20 largest US stocks by market capitalization. 

Many of Phillips' followers on the Chinese social media platform were upset that BlackRock used influencers to promote financial products to retail investors.

"FINRA is gonna have a field day with this one," one TikToker wrote. 

X users respond...

Here's where we are in the cycle. 

"Selling your soul to BlackRock for a couple bucks," another TikTok said. 

https://www.zerohedge.com/markets/blackrock-reportedly-uses-tiktok-influencers-etf-launch-party