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Opinion: California needs a digital trade deal | Pacific Coast Business Times

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Saturday, July twenty third, 2022

By Jennifer Barrera and Myron Good

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It’s no secret that expertise is the spine of California’s financial system. In reality, regardless of the roadblocks posed by the pandemic, the tech sector helped propel California to a $15 billion tax surplus for the 2021-22 fiscal yr and a projected $31 billion surplus subsequent yr.

Nonetheless, the function of digital commerce in driving the state’s financial success is commonly neglected. In 2020, data and communications expertise (ICT) companies accounted for 16% of California’s complete service exports, supporting almost half 1,000,000 jobs.

However as digital exports turn into a good bigger a part of the financial system — in California and the remainder of the nation — it’s crucial that the U.S. seize this chance for international management. To push again in opposition to a rising tide of digital protectionism, the U.S. wants to barter an enforceable digital commerce settlement with allies and companions across the globe.

Because the digital revolution has unfolded over the previous decade, U.S. companies exports delivered to clients abroad digitally have greater than doubled. From software program and laptop companies to audiovisual and monetary companies, digital companies exports have turn into a significant participant within the U.S. financial system and overseas.

Particularly within the aftermath of the pandemic, demand has by no means been increased for digital companies. In 2020, $84 billion of ICT companies have been digitally exported out of america. Of that $84 billion, California led the best way, exporting roughly $21 billion value of companies — 1 / 4 of complete exports.

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Based on a report by the U.S. Chamber of Commerce, California’s digitally tradeable companies exports supported 293,000 direct jobs and 201,000 oblique jobs for People.

Nonetheless, international boundaries to digital companies exports are additionally rising. Different international locations are adopting protectionist and discriminatory digital guidelines that unfairly goal U.S. and California firms. These threats pose a significant hurdle to American competitiveness and financial progress, and it’s time we begin addressing these threats head-on.

How would it not work? A digital commerce settlement would assure the flexibility to maneuver knowledge throughout worldwide borders, prohibit compelled localization of knowledge or restrictions based mostly on nationality of possession, and bar customs duties on digital transmissions, amongst different goals.

A digital commerce settlement can be wanted to make sure small companies can proceed their export progress. Digital instruments have made it vastly simpler for smaller companies to promote their merchandise in overseas markets in efficient and focused methods. Worldwide funds and customs clearance have additionally been dramatically streamlined by digital instruments. Because of this, small firms that beforehand could have exported to only one or two markets overseas are tapping complete areas and watching export gross sales soar.

When on the lookout for companions for a digital commerce settlement, the U.S. ought to look to each established and potential markets. For instance, Singapore has been importing companies from California at a fast tempo, with exports of probably ICT-enabled companies to Singapore rising 330%, from $1.1 billion in 2011 to $4.8 billion in 2020. Different Southeast Asian international locations are ranging from a decrease base however maintain important promise, as do international locations within the Americas and longtime companions just like the U.Ok.

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Our suggestion is that the U.S. ought to negotiate an enforceable digital commerce settlement with key companions who share our ambitions. The administration ought to method a bunch of high-potential companions we’ve referred to as the “Digital Dozen” — together with choose economies from the Indo-Pacific, the Americas, and the U.Ok.

The U.S. has not entered into an settlement with a brand new commerce companion in a decade, and a digital commerce settlement gives the proper alternative for brand spanking new partnerships overseas. As a frontrunner in digital commerce, California ought to lend its assist.

• Jennifer Barrera is the president and CEO of the California Chamber of Commerce. Myron Good is the manager vice chairman and head of worldwide affairs on the U.S. Chamber of Commerce.



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California

SpaceX launches 20 Starlink satellites from California (photos)

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SpaceX launches 20 Starlink satellites from California (photos)


SpaceX launched another batch of its Starlink internet satellites to orbit early Sunday morning (Nov. 24).

A Falcon 9 rocket carrying 20 Starlink spacecraft — 13 of which are capable of beaming service directly to smartphones — lifted off from California’s Vandenberg Space Force Base on Sunday at 12:25 a.m. EST (0525 GMT; 9:25 p.m. on Nov. 23 local California time). 

The Falcon 9’s first stage returned to Earth about eight minutes after liftoff as planned, touching down on the SpaceX droneship “Of Course I Still Love You” in the Pacific Ocean.

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The first stage of a SpaceX Falcon 9 rocket rests on the deck of a droneship shortly after launching 20 Starlink internet satellites to orbit from California’s Vandenberg Space Force Base on Nov. 24, 2024. (Image credit: SpaceX)

It was the 15th launch and landing for this particular booster, according to a SpaceX mission description. Twelve of those flights have been Starlink missions.

The Falcon 9’s upper stage hauled the 20 Starlink satellites to low Earth orbit, deploying them there about an hour after liftoff as planned, SpaceX reported in a post on X.

Sunday’s launch was the 115th Falcon 9 flight of the year. Nearly 70% of those liftoffs have been devoted to building out Starlink, the largest satellite constellation ever assembled.

The megaconstellation currently consists of more than 6,600 active satellites, and, as Sunday’s mission shows, it’s growing all the time.



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Northern California driver dies after vehicle found in floodwaters, 1 other found dead

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Northern California driver dies after vehicle found in floodwaters, 1 other found dead


PIX Now morning edition 11-23-24

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PIX Now morning edition 11-23-24

09:29

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SONOMA COUNTY – A man died when he was found in a flooded vehicle after an atmospheric river dumped heavy rain in Northern California, authorities said.

In Sonoma County’s Guerneville, first responders responded to a report around 11:30 a.m. Saturday for a vehicle that was seen in floodwaters near Mays Canyon Road and Highway 116.

The caller believed that at least one person was inside the vehicle.

When crews arrived, they said the vehicle was recovered but a man was pronounced dead at the scene. He has not been identified.

The Russian River, which flows through Guerneville, reached the flood stage on Friday evening and exceeded what was forecasted.

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This area went into a flood warning around 2 p.m. Friday and was still in place as of Saturday afternoon.

Guerneville is about 75 miles north of San Francisco.

Around 8:45 a.m. Saturday in Santa Rosa, a man was found dead in Piner Creek just south of Guerneville Road, the police department said. His death is being investigated. 

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Laura Richardson completes a political comeback, winning tight race to represent South L.A. in the California Capitol

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Laura Richardson completes a political comeback, winning tight race to represent South L.A. in the California Capitol


Laura Richardson emerged the victor of the competitive, costly and feisty election to win a South Los Angeles seat in the state Senate — completing her political comeback more than 10 years after a tumultuous tenure in the House of Representatives.

Richardson narrowly won the race against Michelle Chambers, a community justice advocate who faced accusations of misconduct in prior public office. The Associated Press called the race Friday after weeks of ballot counting.

The contest between two Democrats with similar social policies but differing views on crime and business attracted huge spending by special interests.

Independent expenditure committees poured more than $7.6 million into the race, making it the most expensive election for state Legislature this year, according to California Target Book, a political database. Negative campaigning dominated the race as business interests and labor unions battled for their favored candidate.

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Richardson, a moderate Democrat, will join a Democratic supermajority in the Legislature. But Republicans are on track to flip three legislative seats this year, one in the Senate and two in the Assembly.

Richardson’s biggest supporters were businesses, including PACs funded by oil companies, and law enforcement associations that said they advocated for candidates who shared their beliefs on free enterprise and public safety. Meanwhile, Chambers’ biggest portion of support came from healthcare workers and teachers unions, who spent millions of dollars backing her.

Chambers wrote in a statement she was “proud of the campaign we ran,” thanking supporters who canvassed, phone-banked or cast votes for her “vision of better jobs, better wages and a California that works for everybody, not just the wealthy and well-connected.”

“This was the closest state senate race in the state, but unfortunately it appears that we will fall just short of victory,” she added. “Our people-powered efforts were not quite enough to overcome millions of dollars in outside spending on lies from the oil and tobacco industry and their allies.“

Richardson will succeed Sen. Steven Bradford (D-Gardena) in the 35th District, which encompasses the cities of Carson, Compton and stretches down to the harbor. Bradford, who had endorsed Chambers, said he believed both candidates were “qualified to do the job.”

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Bradford, who championed reparations legislation during his tenure, hoped the future senator would be “willing to meet with all factions of the community, because it’s a great diverse need in this district.”

“I’m also deeply sad to see how negative this campaign was, probably one of the most negative campaigns I’ve experienced in my 30-plus years of being involved with elections,” he said. “I just hope that we can come together after such a negative campaign, regardless of who the victor is, and understand that we have to work together.”

Richardson and Chambers took aim at each other’s past controversies. For Chambers, who had picked up the endorsement of various state and local elected officials, opposition groups seized on a criminal misdemeanor charge from 30 years ago. She was also accused of bullying and intimidation from her time as a Compton City Council member, allegations that she has repeatedly denied.

Richardson faced criticism over her tenure in Congress, where a House Ethics Committee investigation found her guilty in 2012 of compelling congressional staff to work on her campaign. The committee report also accused Richardson of obstructing the committee investigation “through the alteration or destruction of evidence” and “the deliberate failure to produce documents.”

Richardson admitted to wrongdoing, according to the report, and accepted a reprimand and $10,000 fine for the violations. She previously said that during her time in Congress, Republicans frequently targeted members of the Black Caucus. After she lost her reelection bid for a fourth term, Richardson said she worked at an employment firm to improve her managerial skills and has recognized previous mistakes.

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“It’s been said voters are very forgiving, and if you stand up and you accept responsibility and you improve in the work that you do — we need people who’ve been through things, who understand what it’s like to have had difficulties,” she previously told The Times. “And so that’s exactly what I did. I didn’t shy away from it.”



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