'Super volcano' that could kill millions lurks near Italy

August 5, 2012

volcano

Pozzuoli, August 5: Across the bay of Naples from Pompeii, where thousands were incinerated by Mount Vesuvius in 79 AD, lies a hidden "super volcano" that could kill millions in a catastrophe many times worse, scientists say.

The boiling mud and sulphurous steam holes of the area west of Naples known as the Campi Flegrei or Phlegraean Fields, from the Greek word for burning, are a major tourist attraction.

But the zone of intense seismic activity, which the ancients thought was the entrance to hell, also could pose a danger of global proportions with millions of people literally living on top of a potential future volcanic eruption.


"These areas can give rise to the only eruptions that can have global catastrophic effects comparable to major meteorite impacts," said Giuseppe De Natale, head of a project to drill deep under the earth to monitor the molten "caldera".

One such meteorite impact is thought to have caused the extinction of the dinosaurs 65 million years ago when debris thrown into the atmosphere from the huge explosion plunged the earth into darkness.

Scientists plan to drill 3.5 km (2.2 miles) below the surface to monitor the huge chamber of molten rock near Pompeii and give early warning of any eruption from a 13-km-wide collapsed volcanic caldera.

The Campi Flegrei are similar to the Yellowstone caldera in the U.S. state of Wyoming but of more concern because they are in an area populated by around 3 million people in the Naples hinterland.

"Fortunately, it is extremely rare for these areas to erupt at their full capacity, as it is extremely rare for large meteorites to hit the earth," Mr De Natale told Reuters.

"But some of these areas, in particular the Campi Flegrei, are densely populated and therefore even small eruptions, which are the most probable, fortunately, can pose risks for the population," said Mr De Natale, from the Vesuvius observatory at Italy's National Institute for Geophysics and Volcanology.

"That is why the Campi Flegrei absolutely must be studied and monitored. I wouldn't say like others, but much more than the others exactly because of the danger given that millions of people live in the volcano."

However, the project, funded by the multi-national International Continental Scientific Drilling Programme, has run into major opposition from some local scientists who say the drilling itself could cause a dangerous eruption or earthquake.

EXPLOSION

Benedetto De Vivo, a geochemist at Naples University, has said the drilling could cause an explosion.

The Naples city council blocked the project in 2010 but it resumed on the site of an abandoned steel mill at Bagnoli, west of Naples, late last month after the recently elected new mayor, Luigi De Magistris, gave the go-ahead.

Mr De Natale scoffed at the objections, saying that the drilling was perfectly safe and that similar probes had been sent down by mining projects looking for sources of thermal energy in the 1980s and earlier.

"There were dozens of drillings in the past, with much less secure instruments for industrial motives and nobody said anything," he said.

He added that those raising objections were not experts on drilling and that their suggestions of potential earthquakes or escapes of magma or liquid molten rock, had been exaggerated by the local press.

"Some of the things they suggested are laughable," he said, adding that the project's priority will be scientific knowledge and safety of the local population rather than industrial exploitation as in the past.

"We believe the security of millions of people deserves the most powerful methods of inquiry without thinking too much about the economic aspect," he said.

He added that drilling is the only way to discover the geological history of the area because successive eruptions buried previous evidence. The probe has already found volcanic rock from a major eruption 15,000 years ago.

De Natale's team has begun drilling a pilot hole at the Bagnoli site, where a long jetty built to load steel is used by joggers and courting couples enjoying the spectacular Neapolitan sunsets.

The pilot hole is aimed not only at studying the stratification of the area but to establish a deep geological observatory with new instruments which De Natale says are many times more sensitive than those in the past.

"This will increase by a thousand or 10,000 times our ability to detect small episodes that are precursors of future eruptions," he said.

MOVEMENT OF EARTH'S SURFACE

The project also aims to study the cause of a phenomenon known as bradyseism which is a gradual raising and lowering of the earth's surface because of deep volcanic activity. This is episodic but in the latest phase the ground has risen by 3.5 m (yards) in 15 years, the most since medieval times.

This movement forced the evacuation of 30,000 people temporarily from Pozzuoli in the 1980s and a fishing harbour in the old part of the town was completely abandoned.

Once work is complete on the pilot hole, scientists plan to drill much deeper, to around 3.5 km where temperatures are at around 500 degrees C (930 F). But De Natale said this could take another 18 months and the area for the second phase has not yet been decided.

His team has developed new fibre optic sensors able to withstand the extreme heat that would have destroyed earlier electronic equipment.

"We will be able to identify the smallest signs of a future eruption...this is an enormous mitigation of the volcanic risk," he said.

De Natale says there will be no risk of an escape of magma because the molten chamber is at 7-km depth or lower and sensors will give ample warning of temperatures that reach 1,000 degrees C at the molten core.

"We will stop everything if we detect temperatures at 500 degrees...we can close the top of the drilling hole hermetically in a fraction of a second," he said.

Local people are divided on whether the drilling could be dangerous.

"There is a risk that the drilling can lead to a shift of the earth's surface and if that happened, rather than helping to predict future problems, they will be creating them," Pozzuoli student Marco Laporta said.

Many are more sanguine. "Back in the 1980s they said we would all be blown up and we weren't," pensioner Luigi Bruni said.



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Agencies
August 4,2020

Washington, Aug 4: US President Donald Trump gave popular Chinese-owned video app TikTok six weeks to sell its US operations to an American company, saying Monday it would be "out of business" otherwise, and that the government wanted a financial benefit from the deal.

"It's got to be an American company... it's got to be owned here," Trump said. "We don't want to have any problem with security."

Trump said that Microsoft was in talks to buy TikTok, which has as many as one billion worldwide users who make quirky 60-second videos with its smartphone app.

But US officials say the app constitutes a national security risk because it could share millions of Americans' personal data with Chinese intelligence.

Trump gave the company's Chinese parent ByteDance until mid-September to strike a deal.

"I set a date of around September 15, at which point it's going to be out of business in the United States," he said.

Whatever the price is, he said, "the United States should get a very large percentage of that price because we're making it possible."

Trump compared the demand for a piece of the pie to a landlord demanding under-the-table "key money" from a new tenant, a practice widely illegal including in New York, where the billionaire president built his real estate empire.

"TikTok is a big success, but a big portion of it is in the country," he said. "I think it's very fair."

But Trump also threw a surprise new condition in any deal, saying the sale of TikTok's US business would have to result in a significant payout to the US Treasury for initiating it.

"A very substantial portion of that price is going to have to come into the Treasury of the United States, because we're making it possible for this deal to happen," Trump told reporters.

"They don't have any rights unless we give it to them," he said.

Sell or shut down

The pressure for a sale of TikTok's US and international business, based in Los Angeles, left the company and ByteDance facing tough decisions.

Trump has made TikTok the latest front in the ongoing political and trade battles between Washington and Beijing.

The app has been under formal investigation on US national security grounds because it collects large amounts of personal data on all its users and is legally bound to share that with authorities in Beijing if they demand it.

Both its huge user base and its algorithm for collecting data make it hugely valuable.

But being forced by the US government to sell at least its US business or be shut down -- and to then split the sale price with the US Treasury as Trump is demanding -- was an almost unheard-of tactic.

Shutting down could force users to switch to competitors, and many content creators are already encouraging followers to follow them on other social media platforms.

"The most obvious beneficiaries are Snapchat, Facebook and Twitter, with Snapchat likely being the biggest beneficiary," said investment analysts at Lightshed Partners.

Earlier Monday, ByteDance founder Zhang Yiming acknowledged the hefty pressure and said in a letter to staff, reported by Chinese media, that they were working around-the-clock "for the best outcome."

"We have always been committed to ensuring user data security, as well as the platform neutrality and transparency," Zhang said.

However, he said, the company faces "mounting complexities across the geopolitical landscape and significant external pressure."

He said the company must confront the challenge from the United States, though "without giving up exploring any possibilities."

According to Britain's The Sun newspaper Monday, as a possible consequence of the pressure, ByteDance is planning to relocate TikTok's global operations to Britain.

Pushing back

China's foreign ministry pushed back Monday, calling Washington hypocritical for demanding TikTok be sold.

"The US is using an abused concept of national security and, without providing any evidence, is making presumptions of guilt and issuing threats to relevant companies," said spokesman Wang Wenbin.

"This goes against the principle of market economy and exposes the hypocrisy and typical double standards of the US in upholding so-called fairness and freedom," he added.

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Agencies
June 6,2020

Seoul, Jun 6: South Korea on Saturday reported 51 new cases of COVID-19, mostly in the densely populated capital region, as authorities scramble to stem transmissions among low-income workers who can't afford to stay home.

The figures announced by South Korea's Centers for Disease Control and Prevention brought national totals to 11,719 workers and 273 deaths.

At least 34 of the new coronavirus cases were linked to door-to-door sellers hired by Richway, a Seoul-based health product provider.

Vice Health Minister Kim Gang-lip said the spread of the virus among Richway sellers was particularly alarming as most of them are in their 60s and 70s. He called for officials to strengthen their efforts to find and examine workplaces vulnerable to infections.

More than 120 infections have also been linked to a massive warehouse operated by Coupang, a local e-commerce giant, which has been accused of failing to properly implement preventive measures and having employees work even when sick.

South Korea was reporting around 500 new cases per day in early March due to a massive outbreak surrounding the southern city of Daegu, before officials managed to stabilize the situation with aggressive tracking and testing.

But the recent resurgence of COVID-19 in the greater capital area, where about half of South Korea's 51 million people live, is now threatening to erase some of the country's hard-won gains. It has also led to second-guessing whether officials were too quick to ease social distancing and reopen schools.

Health authorities and hospital officials on Friday participated in a table-top exercise for sharing hospital capacities between Seoul and nearby cities and ensure swift transports of patients so that a spike of cases in one area doesn't overwhelm its hospital system. 

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News Network
June 2,2020

Jun 2: A new female billionaire has emerged from one of Asia's most-expensive breakups.

Du Weimin, the chairman of Shenzhen Kangtai Biological Products Co., transferred 161.3 million shares of the vaccine maker to his ex-wife, Yuan Liping, according to a May 29 filing, immediately catapulting her into the ranks of the world's richest.

The stock was worth $3.2 billion as of Monday's close.

Yuan, 49 this year, owns the shares directly, but signed an agreement delegating the voting rights to her ex-husband, the filing shows. The Canadian citizen, who resides in Shenzhen, served as a director of Kangtai between May 2011 and August 2018. She's now the vice general manager of subsidiary Beijing Minhai Biotechnology Co. Yuan holds a bachelor's degree in economics from Beijing's University of International Business and Economics.

Kangtai shares have more than doubled in the past year and have continued their ascent since February, when the company announced a plan to develop a vaccine to fight the coronavirus. They slipped for a second day Tuesday following news of the divorce terms, losing 3.1% as of 9:43 a.m. in Hong Kong and bringing the company's market value to $12.9 billion.

Du's net worth has now dropped to about $3.1 billion from $6.5 billion before the split, excluding his pledged shares.

The 56-year-old was born into a farming family in China's Jiangxi province. After studying chemistry in college, he began working in a clinic in 1987 and became a sales manager for a biotech company in 1995, according to the prospectus of Kangtai's 2017 initial public offering. In 2009, Kangtai acquired Minhai, the company Du founded in 2004, and he became the chairman of the combined entity.

China's rapidly growing economy has been an engine for the country's richest, and Du is not the only tycoon who's had to pay a steep price for a divorce. In 2012, Wu Yajun, at one point the nation's richest woman, transferred a stake worth about $2.3 billion to her ex-husband, Cai Kui, who co-founded developer Longfor Group Holdings Ltd. In 2016, tech billionaire Zhou Yahui gave $1.1 billion of shares in his online gaming company, Beijing Kunlun Tech Co., to ex-wife Li Qiong after a civil court settlement.

Sometimes, a goodbye can be time-consuming too. South Korean tycoon Chey Tae-won's wife filed a lawsuit in December asking for a 42.3% stake in SK Holdings Co. valued at $1.2 billion. That would make her the second-largest shareholder of the company should she win the case, which is still ongoing.

The most expensive divorce in history is that of Jeff and MacKenzie Bezos. The Amazon.com Inc. founder gave 4% of the online retailer to Mackenzie, who now has a $48 billion fortune and is the world's fourth-richest woman.

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