Good morning. We’re covering overlapping global heat waves and coming formal trade talks between the U.S. and Taiwan.
Heat wave strains China’s economy
For more than two months, China has faced its most severe heat wave in six decades. The economy is suffering, and the heat wave is forecast to persist for at least another week. The southwest is particularly hard hit.
A drought has shrunk rivers and disrupted the region’s supply of water and hydropower. Factories have been forced to close and the region is suffering from rolling blackouts. In two cities, office buildings were ordered to shut off their air conditioning to spare an overextended electrical grid.
The intense heat is also expected to affect agriculture and significantly reduce the size of China’s rice harvest, because it has caused long periods of drought.
Europe: The dry summer has strained Europe’s energy supply, reducing hydropower, threatening nuclear reactors and crimping coal transport. Russian gas cuts could cause further complications.
U.S. and Taiwan to begin trade talks
The Biden administration will begin formal trade negotiations with Taiwan in the fall, deepening economic and technological ties.
The talks, which were announced in June, will focus on 11 trade areas, U.S. officials said, including agriculture and digital industries. In an apparent nod to China, the governments said they would combat market distortions caused by state-owned enterprises.
China, which claims the self-governed island as its own, responded to the news with displeasure. An official said that Beijing opposed “any form of official exchanges between any country and the Taiwan region of China.”
Background: Relations between Washington and Beijing have deteriorated this summer. After top U.S. lawmakers visited Taiwan this month, China responded by ramping up military drills and firing missiles into the waters around the island. Yesterday, Taiwan held a drill simulating a response to a Chinese missile attack, The Associated Press reported.
Region: The U.S. is conducting a separate trade negotiation with 13 Asian nations to form a pact known as the Indo-Pacific Economic Framework. Taiwan expressed interest in joining those talks, but given its contested status, it has not been invited.
Does the Met have stolen Cambodian artifacts?
The Metropolitan Museum of Art, in New York City, worked hard to build up its South and Southeast Asian collection. But 13 items came from a dealer who was later indicted as an illegal trafficker of Cambodian artifacts.
They are now in a standoff with the Met. The Cambodians — who base their claim in part on the account of a reformed looter — have enlisted the U.S. Justice Department.
But the Met has not seen the evidence, including the looter’s accounts, which it says it had “repeatedly requested.” The museum, which said it has a track record of returning looted items, has refused to show Cambodia internal documents that might buttress, or undermine, its title to the objects.
Context: U.S. officials who regard the looter, Toek Tik, as credible have cited his testimony in three cases. Earlier this month, the U.S. attorney’s office for the Southern District of New York announced the return of 30 looted artifacts that had been sold by Latchford.
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Asia Pacific
In northern Afghanistan, hundreds of Shiite Muslims joined an uprising led by a former Taliban commander. Times journalists spent time with the rebels.
Lives lived: Hanae Mori, a Japanese couturier, was the first Asian woman to join the ranks of French high fashion. She died at 96.
ARTS AND IDEAS
A feud over the Zulu throne
The Zulus have a new king. But it’s not clear exactly who he is.
South Africa’s largest nation has been gripped by a battle over the royal succession since King Goodwill Zwelithini’s death last year. This Saturday, Misuzulu Sinqobile Zulu is expected to perform a ritual that will be a precursor to his formal coronation. Last weekend, his brother Simakade ka Zwelithini carried out the same ritual.
Misuzulu has already been recognized by the South African government and senior members of the royal family. But his right to the throne is being challenged by Simakade, King Zwelithini’s oldest living son. There has been a scuffle at the royal palace. At least one news outlet ran a poll asking readers to pick a king.
During a televised court hearing that weighed custom and constitutional law, a judge ruled in favor of Misuzulu. But his detractors have refused to accept the decision. There’s more at stake than a royal title. The head of the Zulus will control a $3.9 million annual budget provided by the South African government.
As the traditional leader of 14 million people, the Zulu king also has a politically influential position. — Lynsey Chutel, Briefings writer based in Johannesburg.
The F.D.A. said it made the change now because it had completed a review of a 2018 application to alter the label that was submitted by Foundation Consumer Healthcare, a company that in 2017 bought the Plan B brand from Teva Pharmaceutical Industries. Agency officials said the pandemic delayed the review process and that the timing was not motivated by political considerations.
A spokeswoman for the company, Dani Hirsch, said in an interview that for its 2018 application, the company had not conducted any new studies but had submitted “what was already out there.”
In a statement, the company’s marketing director, Tara Evans, said “the misconception that Plan B works by interfering with implantation can present barriers to broader emergency contraception access. The Plan B labeling correction will help protect continued over-the-counter emergency contraception access and reduce confusion about how Plan B works and further clarify that Plan B does not affect implantation.”
Plan B One-Step and its generic versions — including brands like Take Action, My Way and Option 2 — contain levonorgestrel, one of a class of hormones called progestins that are also found at lower doses in birth control pills and intrauterine devices. The pills are most effective in preventing pregnancy if taken within 72 hours of sexual intercourse, although they can sometimes work if taken within five days.
Another type of morning-after pill, marketed as Ella and containing a compound called ulipristal acetate, is only available by prescription and is not affected by the F.D.A.’s label change. There has been less research on this type of pill, but studies suggest that it is highly unlikely to prevent implantation of a fertilized egg. In 2009, after months of scrutiny, Ella was approved for sale in overwhelmingly Catholic Italy, where laws would have barred it if it had been considered to induce abortions.
According to data published in 2021 by the Centers for Disease Control and Prevention, nearly one-quarter of women of reproductive age who have sex with men answered yes to the question: “Have you ever used emergency contraception, also known as ‘Plan B,’ ‘Preven,’ ‘Ella,’ ‘Next Choice,’ or ‘Morning after’ pills?” The agency did not break down the data by the type of pills taken.
As far back as the 1999 approval process, the maker of Plan B — Barr Pharmaceuticals, later acquired by Teva — asked the F.D.A. not to list an implantation effect on the label, The Times reported in 2012.
Caroline Ellison — who pleaded guilty to fraud charges related to her role in the FTX cryptocurrency scandal, which led to the extradition of Sam Bankman-Fried this week — is the daughter of high-profile economists at the Massachusetts Institute of Technology.
According to his curriculum vitae, Ellison’s father, Glenn Ellison, was educated at Harvard, Cambridge and MIT before becoming the Gregory K. Palm (1970) Professor of Economics at the latter.
In addition to coaching youth softball and his daughters’ middle school math teams, he writes “Hard Math,” a series of textbooks and workbooks about teaching arithmetic to younger students.
Glenn Ellison is also an Elected Fellow of the Society for the Advancement of Economic Theory and American Academy of Arts & Sciences.
Caroline Ellison’s parents, Glenn and Sara Ellison, outside their Newton, Mass., home in early December.Robert Miller
Ellison’s mother, Sara Ellison, is also an accomplished academic. Armed with an undergraduate degree from Purdue University and a mathematical statistics diploma from Cambridge University, her profile shows she completed a doctorate at MIT in 1993.
Sara Ellison is currently a senior lecturer in the department alongside her husband.
“We were definitely exposed to a lot of economics [growing up],” Ellison, 28, once told Forbes.
Ellison, 28, pleaded guilty to fraud this week.Twitter / @AlamedaResearchCaroline Ellison’s sister, Anna, now lives in the West Village.BRIGITTE STELZER
Glenn and Sara Ellison were photographed by The Post outside their home in Newton, an affluent Boston suburb, earlier this month. Armed with several bags, they told reporters they were too “busy” to comment on the FTX scandal.
The eldest of three sisters — including Anna, 25, who now lives in Manhattan’s West Village — Ellison distinguished herself as a precocious math whiz at a young age.
When she was just 8 years old, she reportedly presented her father with a paper analyzing stuffed animal prices at Toys ‘R’ Us.
Sam Bankman-Fried leaving Manhattan federal court on Thursday.Matthew McDermottBoth Glenn and Sara Ellison are economists at MIT.Robert Miller
She went on to compete in the Math Prize for Girls while at Newton North High School before studying mathematics at Stanford University, where former professor Ruth Stackman described her to Forbes as “bright, focused, [and] very mathy.”
Ellison and Bankman-Fried, 30, crossed paths at the Wall Street trading firm Jane Street. Bankman-Fried’s parents are also both university lecturers, at Stanford in California. They became good friends and she joined Alameda Research, the hedge fund arm of the FTX crypto exchange, in 2018. She then became CEO in 2021. However, the company remained owned 90% by Bankman-Fried and 10% by another member of his circle.
In addition to documenting her supposed foray into polyamory on Tumblr, Ellison once boasted about drug use on social media.
Sara Ellison completed a doctorate at MIT in 1993.Robert Miller
“Nothing like regular amphetamine use to make you appreciate how dumb a lot of normal, non-medicated human experience is,” she tweeted in 2021.
Ellison reportedly admitted to Alameda employees that FTX had used client funds to bail out the fledgeling hedge fund during a video call in November. She was eventually terminated as CEO by insolvency professional and current FTX CEO John J. Ray III after FTX and Alameda filed for Chapter 11 bankruptcy.
She pleaded guilty to federal fraud charges on Monday, and has subsequently been released on $250,000 bail.
Ellison was spotted getting coffee in New York City on Dec. 4.Twitter / @AutismCapital
Although she could be sent to jail for up to 110 years for her part in the FTX-Alameda scandal — which has been said by federal prosecutors to have lost between $1 billion and $2 billion of customers’ cash — she is thought to have struck a deal with the feds for a much lighter sentence in return for her cooperation.
Iran has condemned President Volodymyr Zelensky’s remarks to the U.S. Congress, warning the Ukrainian leader against further accusing Tehran of supplying weapons to Russia for use in the war.
Mr. Zelensky told Congress on Wednesday that Iranian-made drones “sent to Russia in hundreds” had been threatening Ukraine’s critical infrastructure, a view shared by American and European officials. In Iran, he said, Russia had found an “ally in its genocidal policy.”
A spokesman for Iran’s foreign ministry, Nasser Kanaani, called Mr. Zelensky’s comments “rude” and “baseless.”
“Mr. Zelensky had better know that Iran’s strategic patience over such unfounded accusations is not endless,” Mr. Kanaani said in a statement on Thursday.
Although Iran has officially denied supplying Russia with the weapons since Moscow’s invasion of Ukraine, U.S. officials have said that the first shipment was delivered in August.
Mr. Zelensky has said that drones used in Monday’s wave of predawn attacks on Kyiv and other Ukrainian cities were from a batch recently delivered to Russia by Iran. The strikes came after Biden administration officials said that Russia and Iran were strengthening their military ties into a “full-fledged defense partnership.”
The European Union last week condemned Iran’s military partnership with Russia as a gross violation of international law and announced new sanctions against Iranian individuals and entities over their roles in supplying the drones that Moscow has used to attack Ukrainian civilians and infrastructure. That followed a round of sanctions on Iranians over the drone deliveries in October.
Mr. Kanaani “once again emphasizes” that Iran has not supplied military equipment for use in Ukraine, the statement issued on Thursday added, and urged Mr. Zelensky to learn “the fate of some other political leaders” who were happy with U.S. support. It was not clear which other leaders the statement was referring to.