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New Report Focuses On Hundreds Of Pool Deaths Of Young Youngsters

Recent national report of 2016 reveals that 389 teenagers under 15 years of age were drowned in hot tubs and pools in U.S. About 74% of deaths were of kids below 5 years.

Nikki Fleming, leader of Consumer Product Safety Commission’s sponsored campaign; Pool Safely said that there has been an increase in the number of deaths of children below 15 years of age due to drowning. He also said that according to the numbers, drowning is still the main cause of accidental death of kids of 1–4 years and second main reason for deaths of children between 5 and 14 years. He further informed that the peak months for accidents are May to August. However, June is the month in which most number of children loses their lives due to drowning.

From 2016-2018, there have been around 6,600 emergency cases due to spa or pool injuries. The CPSC has found one risk, “suction entrapment” to be a very serious cause of deaths in pools. In this, children get trapped in the suction outlet in a spa or pool. A large number of children have died while trapped in the pool drains.

In 2008, a safety act was passed to secure the pool drains by covering them and preventing trapping through suction openings. The act, Virginia Graeme Baker Pool and Spa Safety Act was named on the granddaughter of James Baker, the former Secretary of U.S. State. She died in 2002when she was 7 due to suction entrapment in the pool.

Lenox Hill Hospital’s emergency physician, Dr. Robert Glatter, gave some tips to keep the children safe in the pools and spas. The tips included crucial points like keeping an eye on them the whole time, keeping very small kids at an arm’s length only, installing a four-sided fence and a pool alarm.

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Technology

Samsung CEO Claims That Galaxy Home Will Ship Q3 2019

It has been a long road for the Galaxy Home to market. And now, Hyun-suk Kim (Samsung CEO who controls the firm’s user electronics department) has offered yet one more release window for the device: sometime in Q3 of this year, as per media reports.

“The Galaxy Home device, which will be the center of home appliances by Samsung, is projected to be rolled out in mid-H2 of 2019,” claimed Kim, which media explains that other Samsung officials have hinted to the Q3 of 2019.

The Galaxy Home was initially declared in August last year when the firm also launched the Note 9. And while Samsung has displayed the product at different events since then, the firm still has still to launch it. Earlier, DJ Koh (Samsung CEO) had committed an April export date for the Bixby smart device, which the firm missed.

And when reached for an interview earlier, Samsung executives claimed to the media that the firm was “projecting to roll out Galaxy Home in the H1 of this year,” which might have offered the firm a time until the June-end. But on the basis of Kim’s latest statement, it might appear that the firm will not be shipping by then either.

On a related note, in spite of not yet exporting its smart device, Samsung seems to already be operating on a follow-up to that smart speaker. A new filing at FCC (Federal Communications Commission) shows that the firm has a new “AI device” in progress, which seems like a tinnier edition of the Galaxy Home with no legs and a smaller body. It maintains its cauldron-akin shape, and it is probably going to be a cheaper, tinier, peer to the original. There is not a whole lot of data to get here about the original or the mini Galaxy Home device.

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Hints Of Fed Rate Cut Pulls Up Stocks—Latest Report

Stock markets across United States witnessed a spurt early this week on rumors that Federal Reserve may announce a rate cut which put fears of escalating trade war of US with its trading partners on the back seat. The Dow Index finished with gain of 2.1 % and went up by 512 points, while Nasdaq went up by 2.7 % displaying their best performance since 4 Jan. The S&P 500 index ended up by 2.1 %. This was a big relief for punters that were sweating due to trade war with China and expected tariffs on imports from Mexico.

US markets witnessed good growth which accelerated higher due to comments by Jerome Powell, Chairman of Federal Reserve who stated that market and trade developments were being closely monitored by Central Bank and they will act appropriately to sustain expansion. Since these remarks were made just after observations by Fed President James Bullard that Central Bank should reduce interest rates due to weak inflation and risky economic growth it spurred expectations of rate cuts in the immediate future. As he is part of the voting team that sets Fed rates his comments spurred investors and market forces. He made these statements to calm down investors that were worried about Chinese trade war.

FedWatch tool CME stated that around 65 % of the market expects interest rate cuts at July meeting of Federal Bank. Chief financial economist of MUFG Chris Rupkey stated that expectations of interest rate cuts have been growing for several weeks now and they climbed higher after President Trump threatened neighboring nation Mexico with new tariffs. Rupkey has also affirmed that economic data does not show any signs of recession which would prompt Federal Bank to reduce rates. Mr. Trump had been requesting the bank to reduce rates for several months now to stimulate US economy.

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American – Qantas Venture Now Has The US Regulators Approval

The US Transportation Department is assumed to offer a provisional approval to a bid planned by American Airlines and Qantas Airways to function as a joint venture. The ventures hope that the department provides a tentative approval for the joint business agreement and temporarily allowing antitrust immunity. The order is believed to be approved by this week. The basic reason for the order is to safeguard the competition and also let the government supervise the venture. The American and Qantas’s application for a joint venture covering the US, New Zealand, and Australia had earlier been canceled in November 2016 by President Barack Obama’s administration due to the objection from rival carriers Hawaiian Airlines and JetBlue Airways.

The regulators in Australia and New Zealand had accepted the application even though the US Transportation Department had rejected it. The benefits of the joint business for customers are quite high. In 2018, another attempt was made by American and Qantas in February for the US regulatory permission in the President Donald Trump’s administration so as to help them coordinate prices and schedules or else threatened to cancel all its services and also open $310 Million on a yearly basis in the consumer benefits.

The new application had changes like the removal of the provision that had prohibited one carrier codesharing it with the other. The joining would lead to a fall in the fares and higher capacity. It could help improve the services and also enhance the demands. If the application was to be accepted then it would lead to 180,000 new trips between the United States and Australia and New Zealand yearly. The cancellation would lead to rejection of flight services Qantas in Dallas or Fort Worth and Sydney plus reduction of services by Americans in Los Angeles, Auckland, and Sydney. In 2001, similar joint venture agreement was accepted by the US regulators for the United and Air New Zealand and also for Delta Air Lines and Virgin Australia in 2011.

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Business

Americans Pay More For Aluminum After The Metal Tariffs

By imposing tariffs on steel and aluminum that are imported into the U.S., the president had tried to revive the declining metal market in the U.S.

To keep away competition from other countries, President Trump levied the tariffs. Tariffs which were imposed almost a year ago has been able to bring back domestic investments. Plants that were almost closed have been put to use in the metal industry.

This has also spurred employment to a certain extent. Tariffs have been imposed by the Trump administration to protect the national security of the country.

However, the prices of steel and aluminum have increased in the U.S. As the government has to undergo a complex process to procure the metals for the purpose of production, entrepreneurs are finding their cost price going up.

Stock prices of U.S. Steel and ArcelorMittal have plunged after the tariffs.

Further, job opportunities are not much. Only about 381,000 people in the U.S. have found jobs in the primary metal industry, while it was 376,000 people in the previous year.

Production of aluminum and steel has seen a rise, but a very marginal rise. However, production levels are almost 3 percent less than what is produced in China.

Tariffs were initially imposed on metals from countries like Canada, Mexico, China, Russia, Japan, and Europe. However, the tariffs were later removed from countries like Canada and Mexico, though they were subject to 10 percent on aluminum and 25 percent on steel. Tariffs continue on other countries.

After the tariffs were imposed by the U.S. on metals, aluminum prices have fallen almost 20 percent from last year. Through government-supportive smelters, China has been producing additional metal supply to meet global needs.