AFP

How bringing back lost species revives ecosystems

Scientists often study the grim impacts of losing wildlife to hunting, habitat destruction and climate change. But what happens when endangered animals are brought back from the brink?

Research has shown restoring so-called “keystone” species — those with an outsized impact on their environment — is vital for the health of ecosystems, and can come with unexpected benefits for humans.

Here are some notable examples from North America. 

– Wolves –

Few species evoke the American wild as much as wolves. 

Though revered by Indigenous communities, European colonists who arrived in the 1600s embarked on widespread extermination campaigns through hunting and trapping.

By the mid-20th century, fewer than a thousand gray wolves were left in the continental United States, down from at least a quarter million before colonization.

Extinction was averted in the 1970s when lawmakers passed the Endangered Species Act, helping revive the apex predator in parts of its former range.

Then, in the mid-1990s, the government took wolves from Canada and reintroduced them to Yellowstone National Park.

This generated a wealth of data that scientists are still working to understand.

The new arrivals kept elk numbers down, preventing them from over-browsing vegetation that provides material for birds to build nests and beavers to build dams — a phenomenon known as a trophic cascade.

The recovered vegetation helped stop soil erosion into rivers, changing their course by reducing meandering.

While building their dams, the beavers also create deep ponds that juvenile fish and frogs need to survive.

When they embark on hunts, wolves focus on weak and diseased prey, ensuring survival of the fittest.

A recent paper even found that wolves brought back in the midwestern state of Wisconsin kept deer away from roads, reducing collisions with cars.

Amaroq Weiss, a biologist and senior wolf advocate for the Center for Biological Diversity compared ecosystems to tapestries, “and when we take out some of the threads, we weaken that tapestry,” she told AFP.

It’s thought there are now more than 6,000 gray wolves in the US. The main threat is legalized hunting in some states.

– Buffalo –

The story of the American buffalo — also known as bison — is inextricably linked to the dark history of the early United States.

From an estimated 30 million, their number plummeted to just hundreds by the late 19th century as the US government sought to wipe out plains tribe Indians whose way of life depended on the animal.

“It was an intentional genocide to remove the buffalo, to the remove the Indians and force them onto reservations,” Cody Considine of The Nature Conservancy (TNC) told AFP.

Buffalo, he explained, are an integral part of TNC’s efforts to re-establish prairies in the Nachusa Grasslands of Illinois.

The buffalo, who were introduced there in 2014 and now number around a hundred, favor eating grass over flowering plants and legumes, which in turn allows a variety of birds, insects and amphibians to flourish.

“Some of these species without that grazing simply just disappear off the landscape due to the high competition of the grasses,” added Considine.

As they forage, bisons’ hooves kick up and aerate the soil, further aiding in plant growth as well as seed dispersion. 

TNC currently manages some 6,500 buffalo, and is creating a pilot program with tribal partners that involves transferring excess animals to Indigenous communities, as part of broader efforts to revive America’s national mammal. 

Some 20,000 buffalo are now thought to roam in “conservation herds,” though none are truly free roaming, added Considine.

– Sea otters –

As the dominant predator of marine nearshore environments, sea otters play a hugely important role in their ecosystem.

Historically they spanned from Baja California up the West Coast up to Alaska, Russia and northern Japan, but hunting in the 1700s and 1800s decimated their numbers, which were once up to 300,000. 

They were thought for a while to have been completely exterminated off California, but a small surviving population of around 50 helped them partially recover to some 3,000 today.

Jess Fujii, sea otter program manager at the Monterey Bay Aquarium, told AFP that research during the 1970s in the Aleutian Islands showed the otters maintained the balance of kelp forest by keeping a check on the sea urchins that graze on them.

In the last decade, more complex interactions have come to light. These include the downstream benefits of otters for eelgrass habitats in California estuaries. 

Here, the sea otters controlled the population of crabs, which meant there were more sea slugs who were able to graze algae, keeping the eelgrass healthy.

Eelgrass is considered a “nursery of the sea” for juvenile fish, and it also reduces erosion, which can factor in coastal floods.

“Kelp and eelgrass are often considered good ways to sequester carbon which can help mitigate the ongoing impacts of climate change,” stressed Fujii, a prime example of how destruction of nature can worsen planetary warming.

French fishing ban unites fishermen, biodiversity activists

A local fishing ban off the southern French coast has won praise from environmentalists and fishermen alike, a rare example of biodiversity protection dovetailing with business interests.

Almost two decades after the ban, Cap Roux, a coastal tip of the Esterel mountain range near the resort of Saint-Raphael on the Mediterranean coast, is a biodiversity haven. 

It stands in stark contrast to many other places on the Cote d’Azur where unbridled construction, overfishing and heavy shipping traffic have spoiled the once-pristine natural environment.

More than 80 species of marine life thrive off Cap Roux, attracted by meadows of seagrass and so-called “living rock” beneath the waves, a fusion of coral and algae.

Fishing here has been forbidden since 2004, a ban covering 450 hectares (1,112 acres).

Surprisingly to some, local fishermen called for the restriction, saying fish needed a safe place to breed and grow to renew stocks.

“Fishermen were worried about their future, and said ‘let’s find a space for a nursery that will replenish the surrounding waters,'” said Christian Decugis, Saint-Raphael’s first fishing mediator.

– ‘More fish, bigger fish’ –

The fish sanctuary lies in the heart of an EU-protected reserve, chosen because it is a relatively unspoilt natural spot, far from the coast’s commercial ports.

“There would have been no point creating a reserve in an area that’s already been messed up,” said Decugis.

The ban has resulted in “many more fish and bigger fish, and an abundance of species”, he said, an observation backed by scientific studies and experiments.

Evidence shows the haven status has helped protect populations of grouper and corb, with scorpion fish and sea bream doing particularly well.

A 2017 study by APAM, an association promoting sustainable fishing, said that income for fishermen was “significantly higher” near the sanctuary than in zones farther away.

Beyond financial benefits, the new system also improves the reputation of the fishing community, which is often accused of having little concern for the consequences of relentlessly exploiting the sea’s resources.

“The image of a profession that is getting a handle on things and that thinks about tomorrow is very motivating for the fishermen,” Decugis said.

– ‘Open treasure chest’ –

Not everyone is so protective of the restricted zone, with poachers tempted to plunder its healthy and plentiful fish supplies.

“It’s like an open treasure chest”, Decugis said.

Julia Toscano, co-manager of the reserve, regularly goes out on a boat between May and September to check the no-fishing zone.

She calls police if she notices anything suspicious. Soon, she hopes there will be cameras to make the job easier.

Many violations are carried out by tourists who go fishing unaware of the rules, but Toscano said this is “still poaching”.

Regular campaigns inform visitors of the regulations and explain why the rich fishing grounds are off-limits.

But it’s a growing challenge: the number of tourists has shot up over the last three years.

Many come on big pleasure boats, typically over 24 metres (79 feet) long.

The abundance of fish and colourful reefs also attract divers, who generate 500,000 euros ($516,000) in income each year for local diving clubs, according to Fabien Rozec, who runs the region’s marine life watchdog.

EU funds have allowed the clubs to get hold of eco-friendly buoys, so they no longer have to lower anchors on the fragile seabed.

Even pleasure boats have grown more cautious over the years, Rozec said, anchoring on patches of sand rather than underwater flora.

Crunch UN biodiversity meeting seeks to save 'planet in crisis'

Delegates from nearly 200 countries meet in Montreal next week to hammer out a new global biodiversity deal to protect ecosystems and species from further human destruction.

The meeting follows crucial climate change talks in Egypt in November, where leaders failed to forge any breakthroughs on scaling down fossil fuels and slashing planet-warming emissions.

Observers are hoping the COP15 biodiversity talks in Montreal will deliver a landmark deal to protect nature and reverse the damage humans have done to forests, wetlands, waterways and the millions of species that live in them. 

Around 50 percent of the global economy is dependent on nature, but scientists warn that humanity needs to drastically — and urgently — rethink its relationship with the natural world as fears of a sixth era of mass extinction grow.

“Our planet is in crisis,” said Elizabeth Maruma Mrema, the head of the UN Convention on Biological Diversity (CBD), at a briefing ahead of the talks, adding that a global agreement on biodiversity was “crucial to ensure that the future of humankind on planet Earth is sustained”. 

So far, humanity has proven woeful at this.   

The so-called post-2020 biodiversity framework, delayed by two years because of the pandemic, will map out an official plan for nature until mid-century for most countries, with the exception of the United States, which has not signed up. 

It will include key targets to be met by 2030. 

But it comes after countries failed to meet a single one of the targets set for the previous decade. 

With new rules affecting key economic sectors — including agriculture, forestry and fishing — and covering everything from intellectual property to pollution and pesticides, delegates are grappling with an array of sticking points.   

So far, only two out of the 22 targets in the new deal have been agreed upon.

“We have to admit that success is not guaranteed,” an EU source close to the talks said. “We have a very difficult situation ahead of us.”

– Finance fight – 

While China currently chairs COP15, it is not hosting this year’s meeting because of the ongoing pandemic. 

Instead, it will be held from December 7 to 19 in Montreal, home of the CBD, which oversees the negotiations. 

Canada’s Prime Minister Justin Trudeau is the only world leader attending. Chinese President Xi Jinping has not said he will join, and neither side has invited other leaders to come, with time quickly running out. 

Observers fear the leaders’ absence sucks the momentum out of the negotiations and could scupper an ambitious final deal. 

Divisions have already emerged on the key issue of financing, with wealthy countries under pressure to funnel more money to developing nations for conservation.

A group of developing nations, including Brazil, South Africa and Indonesia, this year called for rich countries to provide at least $100 billion annually –- rising to $700 billion a year by 2030 — for biodiversity. 

But many Western nations are reluctant to create a distinct fund for nature.

Currently, most biodiversity funds for the developing world come from existing funding mechanisms, which often also include climate finance.   

Another fight is brewing over the issue of “biopiracy”, with many mainly African countries accusing wealthy nations of pillaging the natural world for ingredients and formulas used in cosmetics and medicines, without sharing the benefits with the communities from which they came. 

– Indigenous rights – 

One cornerstone target that has received broad support is the 30 by 30 target — a pledge to protect 30 percent of land and seas by 2030. Only 17 percent of land and about seven percent of oceans were protected in 2020.

So far, more than 100 countries formally support the goal, according to the EU-backed High Ambition Coalition which tracks the target.

The new goal will rely heavily on the involvement of indigenous peoples, who steward land that is home to around 80 percent of Earth’s remaining biodiversity, according to a landmark UN report on climate change impacts this year.

“It’s not going to work if indigenous peoples are not fully included,” Jennifer Tauli Corpuz of the non-profit Nia Tero told AFP. 

“We completely lose the integrity of the document”, added Corpuz, who is part of the indigenous caucus to the talks. 

Other items in the framework: elimination or redirection of hundreds of millions of dollars in harmful government subsidies; promoting sustainable farming and fishing, reducing pesticides; tackling invasive species and reforestation.

But implementation is perhaps the most crucial agenda item to ensure the pledges made are actually carried out by governments.  

“We need goals and targets that are measurable and they need to be related to clear indicators,” the EU source said, calling for “robust monitoring, planning, reporting and review”. 

Asian stocks join global rally and dollar drops on Fed rate joy

Asian stocks extended a global rally Thursday and the dollar fell after Federal Reserve boss Jerome Powell flagged a slowdown in the pace of interest rate hikes and China opened the way for a softer approach to fighting Covid.

A growing sense of hope that months of sharp monetary tightening around the world is finally reining inflation back from its decades-long highs sent equities surging in November, even as policymakers warned more work had to be done.

And in a much-anticipated speech Wednesday, Powell said that the full effects of the Fed’s belt-tightening had yet to be felt but that it “makes sense to moderate the pace of our rate increases as we approach the level of restraint that will be sufficient to bring inflation down”.

He signalled the December gathering would likely see officials lift borrowing costs 50 basis points, having pushed them up by a bumper 75 points at the past four meetings.

However, he did say policy would need to remain tight “for some time” to restore price stability, echoing comments from other Fed officials who have suggested there might not be any cuts until 2024.

Analysts said the reaction to Powell’s remarks — which had been expected to be his most dovish in some time — highlighted a sense of relief among investors that a long-hoped-for pivot was in the cards.

All three main indexes on Wall Street surged, with the Nasdaq leading the way as rate-sensitive tech firms rocketed.

The gains extended November’s rally and helped claw back more of the hefty losses suffered for much of 2022.

The dollar was also suffering a sell-off, having soared across the board this year as Fed monetary policy diverged more and more from other central banks.

Investors were “putting those nasty thoughts of a bear market to bed as the December Santa Rally springs alive”, said Stephen Innes at SPI Asset Management.

“Indeed investors are revelling in the afterglow of moderating Fed signals. And with the Fed done with jumbo hikes, it’s seemingly  enough to mark the bottom in the bear market and could lead to a sustainable rally.”

He added that bets on rates topping five percent were fading and the advance in markets could push into the new year, with another slowdown in November inflation potentially fuelling a bull rally — when a market rises 20 percent from its recent low. 

“Still,” he warned. “Inflation will need to play along.”

In another sign of hope, data earlier showed that eurozone inflation eased for the first time in 17 months in November.

Hong Kong led the gains in Asia again, with tech giants including Alibaba and Tencent tracking massive gains in their US-listed stock, while Shanghai was also well up.

Those rallies were also helped by signs that China is edging towards a more pragmatic approach to fighting the coronavirus, having hammered the economy this year with its strict Covid-zero strategy of lockdowns and mass testing.

After widespread unrest against the measures — and calls for more political freedoms — authorities have announced moves aimed at loosening some restrictions.

On Wednesday, Vice Premier Sun Chunlan, who is heading China’s Covid campaign, told the National Health Commission that the fight was entering a new phase as Omicron weakens and more people are vaccinated.

Bloomberg News also noted that she did not refer to “dynamic Covid-zero”, the term used to explain Beijing’s strategy. 

“It is clear that the authorities are setting the stage for Covid measures to be relaxed,” Justin Tang, at United First Partners, said. “Equity prices will see a boost as China joins the rest of the world in living with Covid.”

– Key figures around 0300 GMT –

Tokyo – Nikkei 225: UP 1.1 percent at 28,281.04 (break)

Hong Kong – Hang Seng Index: UP 1.5 percent at 18,875.14

Shanghai – Composite: UP 0.9 percent at 3,180.22

Euro/dollar: UP at $1.0426 from $1.0408 on Wednesday

Dollar/yen: DOWN at 136.75 yen from 138.03 yen

Pound/dollar: UP at $1.2081 from $1.2052

Euro/pound: DOWN at 86.32 pence from 86.34 pence

West Texas Intermediate: FLAT at $80.55 per barrel

Brent North Sea crude: DOWN 0.1 percent at $86.89 per barrel

New York – Dow: UP 2.2 percent at 34,589.77 (close)

London – FTSE 100: UP 0.8 percent at 7,573.05 (close)

Asian stocks join global rally and dollar drops on Fed rate joy

Asian stocks extended a global rally Thursday and the dollar fell after Federal Reserve boss Jerome Powell flagged a slowdown in the pace of interest rate hikes and China opened the way for a softer approach to fighting Covid.

A growing sense of hope that months of sharp monetary tightening around the world is finally reining inflation back from its decades-long highs sent equities surging in November, even as policymakers warned more work had to be done.

And in a much-anticipated speech Wednesday, Powell said that the full effects of the Fed’s belt-tightening had yet to be felt but that it “makes sense to moderate the pace of our rate increases as we approach the level of restraint that will be sufficient to bring inflation down”.

He signalled the December gathering would likely see officials lift borrowing costs 50 basis points, having pushed them up by a bumper 75 points at the past four meetings.

However, he did say policy would need to remain tight “for some time” to restore price stability, echoing comments from other Fed officials who have suggested there might not be any cuts until 2024.

Analysts said the reaction to Powell’s remarks — which had been expected to be his most dovish in some time — highlighted a sense of relief among investors that a long-hoped-for pivot was in the cards.

All three main indexes on Wall Street surged, with the Nasdaq leading the way as rate-sensitive tech firms rocketed.

The gains extended November’s rally and helped claw back more of the hefty losses suffered for much of 2022.

The dollar was also suffering a sell-off, having soared across the board this year as Fed monetary policy diverged more and more from other central banks.

Investors were “putting those nasty thoughts of a bear market to bed as the December Santa Rally springs alive”, said Stephen Innes at SPI Asset Management.

“Indeed investors are revelling in the afterglow of moderating Fed signals. And with the Fed done with jumbo hikes, it’s seemingly  enough to mark the bottom in the bear market and could lead to a sustainable rally.”

He added that bets on rates topping five percent were fading and the advance in markets could push into the new year, with another slowdown in November inflation potentially fuelling a bull rally — when a market rises 20 percent from its recent low. 

“Still,” he warned. “Inflation will need to play along.”

In another sign of hope, data earlier showed that eurozone inflation eased for the first time in 17 months in November.

Hong Kong led the gains in Asia again, with tech giants including Alibaba and Tencent tracking massive gains in their US-listed stock, while Shanghai was also well up.

Those rallies were also helped by signs that China is edging towards a more pragmatic approach to fighting the coronavirus, having hammered the economy this year with its strict Covid-zero strategy of lockdowns and mass testing.

After widespread unrest against the measures — and calls for more political freedoms — authorities have announced moves aimed at loosening some restrictions.

On Wednesday, Vice Premier Sun Chunlan, who is heading China’s Covid campaign, told the National Health Commission that the fight was entering a new phase as Omicron weakens and more people are vaccinated.

Bloomberg News also noted that she did not refer to “dynamic Covid-zero”, the term used to explain Beijing’s strategy. 

“It is clear that the authorities are setting the stage for Covid measures to be relaxed,” Justin Tang, at United First Partners, said. “Equity prices will see a boost as China joins the rest of the world in living with Covid.”

– Key figures around 0300 GMT –

Tokyo – Nikkei 225: UP 1.1 percent at 28,281.04 (break)

Hong Kong – Hang Seng Index: UP 1.5 percent at 18,875.14

Shanghai – Composite: UP 0.9 percent at 3,180.22

Euro/dollar: UP at $1.0426 from $1.0408 on Wednesday

Dollar/yen: DOWN at 136.75 yen from 138.03 yen

Pound/dollar: UP at $1.2081 from $1.2052

Euro/pound: DOWN at 86.32 pence from 86.34 pence

West Texas Intermediate: FLAT at $80.55 per barrel

Brent North Sea crude: DOWN 0.1 percent at $86.89 per barrel

New York – Dow: UP 2.2 percent at 34,589.77 (close)

London – FTSE 100: UP 0.8 percent at 7,573.05 (close)

India's Bishnoi community, the original eco-warriors

Surrounded by deer and antelopes, Ghevar Ram caressed an injured fawn at a rescue centre run by India’s Bishnoi community, who have been fighting to protect the environment for more than 500 years.

Ram, a member of the Hindu sect, has devoted his life to animals, bringing those in distress to the centre and taking care of them until they are fit enough to be released back into the wild.

“I treat animals like my own children. This is what we are taught since our childhood,” Ram, 45, told AFP as he bottle-fed the fawn ahead of the UN Biodiversity Conference in Montreal next week.

The Bishnois are India’s original eco-warriors, willing to sacrifice themselves to protect animals and trees.

The sect, established in the 15th century by Guru Jambheshwar and which now claims about 1.5 million members, believes in the sanctity of all life, shunning meat and avoiding felling living trees.

Spread mostly in hamlets across Rajasthan, the community draws inspiration from Amrita Devi, a Bishnoi woman killed in 1730 while trying to protect a khejari — now the state tree.

According to legend, a local king in the desert state sent his men to cut wood to fuel cement lime kilns to build his palace.

Devi rushed out of her home in a Bishnoi village to block them, clasping a tree trunk to protect it.

“Despite her pleas, the men did not stop. She then hugged a tree, but the king’s men showed no mercy and chopped down the tree along with her head,” said Sukhdev Godara, a retired schoolteacher, his eyes glistening with emotion.

Her last words were recorded as: “A chopped head is cheaper than a felled tree.”

Other Bishnoi villagers — beginning with Devi’s three daughters — followed suit, hugging the trees as they were decapitated.

In all, 363 Bishnoi men, women, and children were killed, their sacrifice now commemorated with a monument in the village inscribed with each of their names and topped with a statue of Amrita Devi.

– ‘In harmony with nature’ –

The martyr is now a hero for the likes of Sita Devi, who fuels her cooking fire with cow dung cakes rather than firewood to feed her strictly vegetarian family.

A mother of seven, she also once breastfed an orphaned antelope fawn.

“I was working in the fields when I saw a fawn being attacked by feral dogs. I rescued the fawn and brought it home,” she said, dressed in a traditional long pink skirt and sparkling gold jewellery.

“I fed the fawn my own milk, and once he regained strength, I released it in the wild,” she recalled with pride.

Although a subsect of Hinduism, the Bishnoi do not cremate their dead because that would mean cutting down trees to fuel the fire.

“Our guru taught us to bury our dead instead,” said schoolteacher Godara.

Bishnoi men are mostly farmers and patrol the land to make sure no animal is harmed or hunted down.

Advocate Rampal Bhawad co-founded the Bishnoi Tiger Force, an environmental campaign group and anti-poaching vigilante organisation, after Bollywood superstar Salman Khan shot dead two black bucks while filming a movie in Rajasthan in 1998.

The community followed the case assiduously for 20 years until Khan was sentenced to five years in jail by a local court for violating the Wildlife Protection Act.

The penalty was later suspended on appeal, but not before Khan had spent several days in prison.

“We file police complaints and pursue cases till the guilty are punished,” Bhawad told AFP. 

In a world fighting the insidious effects of climate change, he said, “we should plant more and more trees.

“We should live in harmony with nature and be kind towards all living beings.”

Hackers dump Australian health data online, declare 'case closed'

The hackers leaking stolen Australian health records to the dark web on Thursday appeared to end their extortion attempt by dumping a final batch of data online and declaring:”Case closed.”

In November the hackers demanded health insurer Medibank pay US$9.7 million to keep the records off the internet — or one dollar for each of the company’s impacted customers, which included Prime Minister Anthony Albanese.

Medibank refused to pay at the urging of the federal government, which at the height of the crisis considered making it illegal for hacked companies to hand over ransoms.

On Thursday morning the hackers said they had posted the last of the data online, deliberately coinciding with International Computer Security Day.

“Happy Cyber Security Day,” they wrote. 

“Added folder full. Case closed.” 

The first batches of stolen data started appearing on a dark web forum on November 9, in curated posts highlighting medical records about drug addiction, pregnancy terminations and sexually transmitted infections. 

Medibank on Thursday said the latest post was “incomplete and hard to understand” — an indication the hackers may have lost interest after a ransom was taken off the table.  

“While our investigation continues there are currently no signs that financial or banking data has been taken,” Medibank said in a statement.  

Australian Federal Police Commissioner Reece Kershaw said in November the hackers were believed to be a group of “loosely affiliated cyber criminals” who were based in Russia. 

Cybersecurity analysts have suggested they could be linked to Russian hacker group REvil. 

Australian government ministers have variously dubbed the hackers “scumbags”, “scummy criminals”, and “rolled gold mongrels”.

Hackers dump Australian health data online, declare 'case closed'

The hackers leaking stolen Australian health records to the dark web on Thursday appeared to end their extortion attempt by dumping a final batch of data online and declaring:”Case closed.”

In November the hackers demanded health insurer Medibank pay US$9.7 million to keep the records off the internet — or one dollar for each of the company’s impacted customers, which included Prime Minister Anthony Albanese.

Medibank refused to pay at the urging of the federal government, which at the height of the crisis considered making it illegal for hacked companies to hand over ransoms.

On Thursday morning the hackers said they had posted the last of the data online, deliberately coinciding with International Computer Security Day.

“Happy Cyber Security Day,” they wrote. 

“Added folder full. Case closed.” 

The first batches of stolen data started appearing on a dark web forum on November 9, in curated posts highlighting medical records about drug addiction, pregnancy terminations and sexually transmitted infections. 

Medibank on Thursday said the latest post was “incomplete and hard to understand” — an indication the hackers may have lost interest after a ransom was taken off the table.  

“While our investigation continues there are currently no signs that financial or banking data has been taken,” Medibank said in a statement.  

Australian Federal Police Commissioner Reece Kershaw said in November the hackers were believed to be a group of “loosely affiliated cyber criminals” who were based in Russia. 

Cybersecurity analysts have suggested they could be linked to Russian hacker group REvil. 

Australian government ministers have variously dubbed the hackers “scumbags”, “scummy criminals”, and “rolled gold mongrels”.

Prince William, Kate, in US for visit overshadowed by new race row

Prince William and wife Kate began their first visit to America in eight years Wednesday under the cloud of a fresh racism row after his godmother quit the royal household for repeatedly asking a Black British woman where she was “really” from.

The Prince and Princess of Wales met Boston mayor Michelle Wu and governor-elect Maura Healey at the city hall and then sat courtside at a Boston Celtics versus Miami Heat NBA game as they kickstarted their three-day trip focused on climate change.

The beginning of the visit — which comes after racism claims from William’s brother Harry and mixed-race sister-in-law, Meghan — was however overshadowed by the resignation and apology of 83-year-old Susan Hussey, one of William’s six godmothers.

“Racism has no place in our society,” a spokesman for the royal couple told reporters in Boston. 

“These comments were unacceptable, and it’s right that the individual has stepped aside with immediate effect.”

William was not involved in the decision but “believes it’s the right course of action to be taken”, the spokesman added.

The trip is the royal couple’s first one overseas since the 40-year-old William became heir to the throne in September, when his father succeeded queen Elizabeth II to become King Charles III.

They last visited the United States in 2014 when they went to New York and Washington, in a trip that included a reception at the White House with the then-president Barack Obama and his deputy, Joe Biden.

The White House said Biden will meet the royal couple on Friday.

– Awards –

It is also their first trip stateside since Harry and Meghan sensationally quit the royal family in early 2020. No meeting has been announced between the estranged brothers.

The visit will culminate on Friday evening with a star-studded ceremony for William’s Earthshot Prize initiative to tackle climate change.

The awards ceremony — described by royal insiders as William’s “Superbowl moment” — is now in its second year, and rewards five innovators with £1 million each ($1.2 million).

A host of stars are expected at Boston’s MGM Music Hall, including singers Billie Eilish and Annie Lennox, sisters Chloe x Halle, and actor Rami Malek.

Other engagements include discussions with local officials about rising sea levels in the city on the North Atlantic coast.

They will also meet charities working with disadvantaged young people and a laboratory specializing in green technologies.

“We are both looking forward to spending the next few days learning about the innovative ways the people of Massachusetts are tackling climate change,” William told cheering crowds outside city hall.

Hussey is a longstanding former lady-in-waiting to William’s late grandmother, queen Elizabeth II and was a courtier to Queen Consort Camilla. 

She was portrayed in Season Five of the hit Netflix series, “The Crown,” the recent release of which has driven US interest in the House of Windsor up even further.

Ngozi Fulani, the chief executive of the London-based Sistah Space group which campaigns for survivors of domestic abuse, said the comments came as she attended a palace reception on Tuesday.

Asked where she was from, Fulani said Hackney, northeast London, prompting the woman whom she identified only as “Lady SH” to ask: “No, what part of Africa are you from?”

Fulani said she was born and raised in the UK and was British but the woman persisted.

“Where do you really come from, where do your people come from?… When did you first come here?” she was asked.

Fulani repeated that she was a British national born in the UK and was forced to say she was “of African heritage, Caribbean descent.”

Women’s Equality Party leader Mandu Reid, who witnessed the exchange, called it “grim” and like an “interrogation.”

– ‘Unacceptable’ –

Buckingham Palace said it took the incident “extremely seriously” and called the comments “unacceptable and deeply regrettable.”

“In the meantime, the individual concerned would like to express her profound apologies for the hurt caused and has stepped aside from her honorary role with immediate effect.” it added.

British media outlets all quoted palace sources as confirming it was Hussey who made the remarks.

Camilla has scrapped the formal roles of ladies in waiting, but Hussey, whose late husband was a former BBC chairman, was kept on as a royal retainer by King Charles III.

Last year, William insisted “we are very much not a racist family”, after Harry and Meghan — who have won many fans among younger people and in the Black community for taking on the British establishment — alleged that an unidentified royal had asked what color skin their baby would have.

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Bankman-Fried apologizes, says didn't 'try to commit fraud'

Former FTX Chief Executive Sam Bankman-Fried apologized Wednesday for a “lot of mistakes” in the abrupt collapse of the cryptocurrency firm and said he did not knowingly behave fraudulently.

“I didn’t ever try to commit fraud on anyone,” Bankman-Fried told the Dealbook conference hosted by CNBC and The New York Times.

“I’m deeply sorry about what happened,” Bankman-Fried said. “Clearly I made a lot of mistakes or things I would be able to give anything to be able to do over again.”

Bankman-Fried, appearing by video from the Bahamas and donning his trademark t-shirt, said he was “shocked” by many of the details that have surfaced amid the cryptocurrency platform’s collapse, depicting the problems as stemming from lax oversight and corporate controls rather than an intent to defraud. 

On November 11, Bankman-Fried resigned as FTX filed for bankruptcy protection while facing a large financing shortfall and a deluge of withdrawals from panicked customers. The firm at its peak had been worth some $32 billion.

At the time, FTX had taken some $10 billion in customer funds without authorization, according to the Wall Street Journal.

Much attention has focused on the relationship between FTX and Alameda Research, an affiliated trading firm. 

Bankman-Fried acknowledged an “embarrassing” lack of attention to conflicts of interest between the two firms, but insisted that he was not abreast of the details on Alameda and did not run Alameda.

– Thought no ‘existential’ risk –

Among the revelations, the digital currency news site CoinDesk reported on November 2 that Alameda’s balance sheet was heavily built on FTT — a token created by FTX and not based on an asset with independent value. 

The value of FTT plunged in early November as both Alameda and FTX cratered and has not recovered.

Bankman-Fried said that he was also surprised at the scale of Alameda’s positions on FTX that were troubled and which ultimately stressed the firm.

“I didn’t think it was existential for FTX,” Bankman-Fried said of Alameda’s financial stress, adding that he thought the problem would “end up having some small impact on FTX, but not a significant one, not one that hurt customers at all.”

Bankman-Fried said he didn’t knowingly “comingle” funds between the two firms.

FTX’s newly installed CEO John J. Ray has lambasted his predecessors in a November 17 filing in bankruptcy court.

“Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here,” Ray said in the filing. 

“From compromised systems integrity and faulty regulatory oversight abroad, to the concentration of control in the hands of a very small group of inexperienced, unsophisticated and potentially compromised individuals, this situation is unprecedented,” he said.

Bankman-Fried on Wednesday said he was not aware that he was the subject of a criminal probe, adding that he rejected his lawyer’s advice to stay silent now.

“I have a duty to explain what happened,” he said. “And I think I have a duty … if there is anything I can do to try and help customers out here.”

Bankman-Fried suggested US investors in FTX could recover their losses, but did not explain how this might happen.

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