When to catch the last supermoon of the year

YEMASSEE, S.C. (AP) — Employees at a South Carolina compound that breeds monkeys for medical research have recaptured five more animals that escaped last week from an enclosure that wasn’t fully locked.

As of Monday afternoon, 30 of the 43 monkeys that made it outside the Alpha Genesis facility in Yemassee are back in the company’s custody unharmed, police said in a statement.

Most if not all of the Rhesus macaques appeared to stay close to the compound after their escape Wednesday and Alpha Genesis employees have been watching them and luring them back with food, officials said.

They cooed at the monkeys remaining inside and interacted with the primates still inside the fence, the company told police.

Veterinarians have been examining the animals that were brought back and initial reports indicate they are all in good health, police said.

Alpha Genesis has said that efforts to recover all the monkeys will continue for as long as it takes at its compound about a mile (1.6 kilometers) from downtown Yemassee and about 50 miles (80 kilometers) northeast of Savannah, Georgia.

The monkeys are about the size of a cat. They are all females weighing about 7 pounds (3 kilograms).

Humans have been using the monkeys for scientific research since the late 1800s. Scientists believe that Rhesus macaques and humans split from a common ancestor about 25 million years ago and share about 93% of the same DNA.

Alpha Genesis, federal health officials and police all said the monkeys pose no risk to public health. The facility breeds the monkeys to sell to medical facilities and other researchers.

If people encounter the monkeys, they are advised to stay away from them — and to not fly drones in the area.

Alpha Genesis provides primates for research worldwide, according to its website.

The Canadian Press. All rights reserved.

NEW YORK (AP) — As money continues to pour into crypto following Donald Trump’s victory last week, bitcoin has climbed to yet another record high.

The world’s largest cryptocurrency topped $87,000 for the first time on Monday. As of around 3:45 p.m. ET, bitcoin’s price stood at $87,083, per CoinDesk, up over 28% in the last week alone.

That’s part of a rally across cryptocurrencies and crypto-related investments since Trump won the U.S. presidential election last week. Analysts credit much of the recent gains to an anticipated “crypto-friendly” nature of the incoming administration, which could translate into more regulatory clarity but also leeway.

Still, as with everything in the volatile cryptoverse, the future is hard to predict. And while some are bullish, others continue to warn of investment risks.

Here’s what you need to know.

Back up. What is cryptocurrency again?

Cryptocurrency has been around for a while now, but has come under the spotlight in recent years.

In basic terms, cryptocurrency is digital money. This kind of currency is designed to work through an online network without a central authority — meaning it’s typically not backed by any government or banking institution — and transactions get recorded with technology called a blockchain.

Bitcoin is the largest and oldest cryptocurrency, although other assets like Ethereum, Tether and Dogecoin have gained popularity over the years. Some investors see cryptocurrency as a “digital alternative” to traditional money — but it can be very volatile, and reliant on larger market conditions.

Why are bitcoin and other crypto assets soaring now?

A lot of it has to do with the outcome of last week’s election.

Trump was previously a crypto skeptic, but changed his mind and embraced cryptocurrencies during this year’s presidential race. He has pledged to make the U.S. “the crypto capital of the planet” and create a “strategic reserve” of bitcoin. His campaign accepted donations in cryptocurrency and he courted fans at a bitcoin conference in July. He also launched World Liberty Financial, a new venture with family members to trade cryptocurrencies.

Crypto industry players welcomed Trump’s victory, in hopes that he would be able to push through legislative and regulatory changes that they’ve long lobbied for. And Trump had previously promised that, if elected, he would remove the chair of the Securities and Exchange Commission, Gary Gensler, who has been leading the U.S. government’s crackdown on the crypto industry and repeatedly called for more oversight.

“Crypto rallied as Election Day progressed into the night and as it became increasingly clear that Trump would emerge victorious,” Citi analysts David Glass and Alex Saunders wrote in a Friday research note, pointing to larger industry sentiment around Trump being “crypto-friendly” and a potential shift in regulatory backing.

Even before the post-election rally, assets like bitcoin posted notable gains over the past year or so. Much of the credit goes to early success of a new way to invest in the asset: spot bitcoin ETFs, which were approved by U.S. regulators in January.

Inflows into spot ETFs, or exchange-traded funds, “have been the dominant driver of Bitcoin returns from some time, and we expect this relationship to continue in the near-term,” Glass and Saunders noted. They added that spot crypto ETFs saw some of their largest inflows on record in the days following the election.

What are the risks?

Crypto assets like bitcoin have a history of drastic swings in value — which can come suddenly and happen over the weekend or overnight in trading that continues at all hours, every day.

In short, history shows you can lose money as quickly as you’ve made it. Long-term price behavior relies on larger market conditions.

At the start of the COVID-19 pandemic, bitcoin stood at just over $5,000. Its price climbed to nearly $69,000 by November 2021, in a time marked by high demand for technology assets, but later crashed during an aggressive series of Federal Reserve rate hikes aimed at curbing inflation. Then came the 2022 collapse of FTX, which significantly undermined confidence in crypto overall.

At the start of last year, a single bitcoin could be had for less than $17,000. Investors, however, began returning in large numbers as inflation started to cool — and gains skyrocketed on the anticipation and then early success of spot ETFs. While some crypto supporters see the potential for more record-breaking days, experts still stress caution, especially for small-pocketed investors.

“Investors should only dabble in crypto with money that they can be prepared to lose,” Susannah Streeter, head of money and markets at Hargreaves Lansdown, said last week. “Because we’ve seen these wild swings in the past.”

What about the climate impact?

Assets like bitcoin are produced through a process called “mining,” which consumes a lot of energy. And operations relying on pollutive sources have drawn particular concern over the years.

Recent research published by the United Nations University and Earth’s Future journal found that the carbon footprint of 2020-2021 bitcoin mining across 76 nations was equivalent to the emissions from burning 84 billion pounds of coal or running 190 natural gas-fired power plants. Coal satisfied the bulk of bitcoin’s electricity demands (45%), followed by natural gas (21%) and hydropower (16%).

In the U.S., the Energy Information Administration notes that crypto mining across the country has “grown very rapidly over the last several years,” adding that grid planners have begun to express concern over increases in related electricity demand. Preliminary estimates released by the EIA in February suggest that annual electricity use from crypto mining probably represents between 0.6% to 2.3% of U.S. electricity consumption.

Environmental impacts of bitcoin mining boil largely down to the energy source used. Industry analysts have maintained that clean energy has increased in use in recent years, coinciding with rising calls for climate protections from regulators around the world.

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AP Business Writer Kelvin Chan contributed to this report from London.

BANGKOK (AP) — China has built a land-based prototype nuclear reactor for a large surface warship, in the clearest sign yet Beijing is advancing toward producing the country’s first nuclear-powered aircraft carrier, according to a new analysis of satellite imagery and Chinese government documents provided to The Associated Press.

There have long been rumors that China is planning to build a nuclear-powered aircraft carrier, but the research by the Middlebury Institute of International Studies in California is the first to confirm it is working on a nuclear-powered propulsion system for a carrier-sized surface warship.

Why is China’s pursuit of nuclear-powered carriers significant?

China’s navy is already the world’s largest numerically, and it has been rapidly modernizing. Adding nuclear-powered carriers to its fleet would be a major step in realizing its ambitions for a true “blue-water” force capable of operating around the globe in a growing challenge to the United States.

Nuclear carriers take longer to build than conventional carriers, but once in operation they are able to stay at sea for much longer because they do not need to refuel, and there is more room on board for fuel and weapons for aircraft, thus extending their capabilities. They are also able to produce more power to run advanced systems.

Right now, only the United States and France have nuclear-powered carriers. The U.S. has 11 in total, which allows it to keep multiple strike groups deployed around the world at all times, including in the Indo-Pacific.

But the Pentagon is growingly increasingly concerned about China’s rapid modernization of its fleet, including the design and construction of new carriers.

China currently has three carriers, including the new Type 003 Fujian, which was the first both designed and built by China. It has said work is already underway on a fourth, but it has not announced whether that will be nuclear or conventionally powered.

The modernization aligns with China’s “growing emphasis on the maritime domain and increasing demands” for its navy “to operate at greater distances from mainland China,” the Defense Department said in its most recent report to Congress on China’s military.

How did researchers conclude China has built a prototype reactor for a carrier?

Middlebury researchers were initially investigating a mountain site outside the city of Leshan in the southwest Chinese province of Sichuan over suspicions that China was building a reactor to produce plutonium or tritium for weapons. Instead they said they determined that China was building a prototype reactor for a large warship.

The conclusion was based upon a wide variety of sources, including satellite images, project tenders, personnel files, and environmental impact studies.

The reactor is housed in a new facility built at the site known as Base 909, which is under the control of the Nuclear Power Institute of China.

Documents indicating that China’s 701 Institute, which is responsible for aircraft carrier development, procured reactor equipment “intended for installation on a large surface warship.” as well as the project’s “national defense designation” helped lead to the conclusion the sizeable reactor is a prototype for a next-generation aircraft carrier.

What does China say?

Chinese President Xi Jinping has tasked defense officials with building a “first-class” navy and becoming a maritime power as part of his blueprint for the country’s great rejuvenation.

The country’s most recent white paper on national defense, dated 2019, said the Chinese navy was adjusting to strategic requirements by “speeding up the transition of its tasks from defense on the near seas to protection missions on the far seas.”

Sea trials hadn’t even started for the new Fujian aircraft carrier in March when Yuan Huazhi, political commissar for China’s People’s Liberation Army Navy, confirmed the construction of a fourth carrier. Asked if it would be nuclear-powered, he said at the time that would “soon be announced,” but so far it has not been.

Neither China’s Defense Ministry nor Foreign Affairs Ministry responded to requests for comment.

Even if the carrier that has been started will likely be another conventionally-powered Type 003 ship, experts say Chinese shipyards have the capability to work on more than one carrier at a time, and that they could produce a new nuclear-powered vessel concurrently.

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Tang reported from Washington.

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