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US, Canada had highest air pollution surge worldwide in 2023: Report

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The United States and Canada endured the planet’s biggest air pollution surge in 2023 — an upswing driven by the northern neighbor’s worst wildfire season on record, a new report has found.

Canada alone experienced its highest levels of fine particulate pollution (PM 2.5) in at least 26 years, with more than half of residents exposed to contaminant concentrations that surpassed national standards, according to the report.

The data, released as an annual update to the University of Chicago’s Air Quality Life Index, showed that if these levels persist, people’s lives could be cut short by more than two years, relative to air quality conditions that met World Health Organization guidelines.

“When fossil fuels are burned, they cause particulate air pollution right away,” Michael Greenstone, an economics professor at the University of Chicago’s Energy Policy Institute and co-creator of the index, said in a statement. 

“There are more wildfires because fossil fuels also lead to higher temperatures, and the result is a second wave of air pollution,” he added.

As for the U.S., Greenstone and his colleagues determined that the fires contributed amounts of air pollution that the country had not seen in more than a decade. Compared to just the year before, particulate pollution levels rose nationwide by an average of 20 percent, per the data.

The resultant pollution from the Canadian blazes spread across Wisconsin, Illinois, Indian and Ohio and even reached as far as Pennsylvania, Oklahoma and Mississippi, the report showed. Counties in these states, the authors found, replaced many in California as the top-10 national pollution hotspots for the first time in five years. 

“We are now stuck living with air pollution concentrations that are the dangerous ghost of the fossil fuels burned since the Industrial Revolution,” Greenstone said.

Worldwide, the index determined that air pollution exhibited a slight increase in 2023. If the planet was to permanently reduce particulate pollution to meet global health guidelines, the average person could count on an additional 1.9 years in life expectancy, according to the report.

“Even countries that have earnestly spent decades cleaning up their air can’t escape these ghosts and the shorter and sicker lives that they deliver,” Greenstone added.

Characterizing particulate pollution as “the world’s greatest external risk to human health,” the authors stressed that its impacts on life expectancy are comparable to those of smoking, more than four times those of high alcohol consumption, five times those of transport injuries and six times those of HIV/AIDS.

But the researchers also said that not all hope is lost, and that people can benefit from gaining awareness about the quality of the air they breathe via increasingly available data sources. And yet, almost 70 percent of the global populations lives in areas that lack sufficient access to such information, the authors said.

Tanushree Ganguly, director of the Air Quality Life Index, recognized in a statement air pollution’s role as “a top reason why people are living shorter lives throughout the world.” As such, he stressed the importance of embracing tools that enable better policymaking and provide more information about the pollutants people are breathing. 

“Throughout history, countries have both grown and developed and improved their air quality,” Ganguly said. “Targeting fossil fuels at their sources will improve local air, as well as help confront climate change.”

What Could Move Affirm Stock With Fiscal Q4 Affirm Earnings Due

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When Affirm Holdings (AFRM) reports fiscal fourth quarter earnings on Thursday, its 2026 guidance will be in the spotlight. Management’s outlook for Affirm stock will be tied to a waning relationship with retailer Walmart (WMT) as well as a changing product mix.

The consumer financing firm reports earnings after the market close on Thursday. The San Francisco-based company has been gaining share in the buy now, pay later (BNPL) market. With BNPL options, consumers pay off purchases in monthly installments, either with low interest or none at all.

Affirm stock has gained 26% in 2025 with some volatility. Heading into the Affirm earnings report, Wall Street analysts are looking at gross merchandise volume from merchants as well as RLTC (revenue less transaction costs) margins as key financial metrics. Management’s fiscal 2026 outlook for GMV and RLTC margins could move Affirm stock following the earnings report.

Affirm Stock: Walmart Impact Eyed

Affirm’s product mix has been shifting to more BNPL plans with no interest. Instead, Affirm garners revenue from fees paid by merchants. Zero percent interest BNPL plans generally have lower RLTC than interest-bearing products. But, zero interest plans attract higher credit quality consumers and usually buy bigger items at stores.

The other wild card in Affirms 2026 guidance involves Walmart, which had been a key partner. Walmart, though, has shifted most of its BNPL business to Klarna (KLAR), a rival of Affirm.

Losing Walmart is expected to lower Affirm’s gross merchandise volume. The big question is by how much.

“Affirm’s fiscal 2026 outlook will be in focus with Walmart treatment the main source of debate,” said Morgan Stanley analyst James Faucette in a report. “Walmart is a key factor for the 2026 outlook, but we expect the impact to be more muted than investors appreciate.”

Evercore ISI analyst Adam Frisch said in a report: “There has been growing concern around potential volume declines at Walmart given the recent inroads Klarna has made with OnePay. While risks around Walmart volumes have been well-telegraphed, some investors may still be surprised. The impact on shares will be driven by the commentary around the broader implications and the level of the total growth guide.”

BNPL Competition Heats Up

Deutsche Bank analyst Nate Svensson said in a report: “We see risk that Affirm’s initial 2026 GMV guide comes in below current street estimates, but note that Affirm tends to guide conservatively to start their fiscal years.”

He added: “Growth in zero percent (BNPL plans) may create some pressure to RLTC margins, but we see growth here.”

Aside from Klarna, Affirm competes with Sezzle (SEZL), Block‘s (XYZ) Afterpay and PayPal Holdings (PYPL).in fiscal Q4, analysts predict a 12-cent adjusted profit versus a 14-cent loss a year earlier. Revenue is expected to rise 27% to $837 million. Gross merchandise volume is expected to come in at $9.61 billion, up 33%.

Affirm’s new debit card has been gaining traction with consumers. In fiscal Q4, analysts model debit card revenue of $58 million.

The Affirm debit card links to consumer checking accounts at banks or Affirm’s Money Account. It allows consumers to pay for purchases right away or request to pay for purchases over time. Analysts expect the debit card to help Affirm further penetrate in-store shopping.

Affirm Stock Technical Ratings

At William Blair, analyst Andrew Jeffrey holds an upbeat view. “We expect gross merchandise volume upside after Shopify‘s (SHOP) strong results, and we should gain insight into what Apple Pay (AAPL) could mean in late fiscal 2026. Although Walmart could be a GMV headwind, we contend that momentum at top customers Shopify and Amazon.com (AMZN) will at least offset the pressure.”

Meanwhile, AFRM stock holds an IBD Composite Rating of 86, according to IBD Stock Checkup.

IBD’s Composite Rating combines five separate proprietary ratings into one easy-to-use rating. The best growth stocks have a Composite Rating of 90 or better.

Further, Affirm stock has an Accumulation/Distribution Rating of B. That rating analyzes price and volume changes in a stock over the past 13 weeks of trading. Its current rating indicates more funds are buying than selling.

Follow Reinhardt Krause on X, formerly Twitter, @reinhardtk_tech for updates on artificial intelligence, cybersecurity and cloud computing.

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Kim Jong Un to join Putin and other leaders at China military parade

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North Korea’s leader Kim Jong Un will attend a military parade in Beijing on 3 September, China’s foreign ministry has said – in what is believed to be his first international level meeting of leaders.

The so-called “Victory Day” parade will mark the 80th anniversary of China’s war against Japan and the end of World War Two.

Russia’s President Vladimir Putin will also be among the 26 heads of state expected to attend the event.

China is expected to display its latest weaponry including hundreds of aircraft, tanks and anti-drone systems – the first time its military’s new force structure is being fully showcased in a parade.

The highly choreographed parade will see tens of thousands of military personnel march in formation through Tiananmen Square, including troops from 45 of the so-called echelons of China’s military as well as war veterans.

The 70-minute parade, which will be surveyed by Chinese leader Xi Jinping, is expected to be closely watched by analysts and western powers.

Kim’s attendance is an upgrade from China’s last Victory Day parade, which happened in 2015 – during which Pyongyang sent one of its top officials, Choe Ryong-hae.

Kim attending the parade in the centre of Beijing standing alongside Russia’s Putin and China’s Xi will be quite the photo op.

But it will also be a key diplomatic win for Xi.

US President Donald Trump is trying to make a deal with Putin to end the war in Ukraine. He has also in the last week announced he wants to meet Kim again.

The Chinese leader is signalling here that he holds the geopolitical cards in this game. He has influence – although it is limited – on both leaders.

The timing is also key. The White House has suggested that President Trump could be in the region at the end of October and is open to meeting Xi.

The Chinese leader would go into any summit with the US president fully briefed by Kim and Putin and will know he is not being left out of the loop.

It’s been six years since Kim visited Beijing – he last attended the 70th anniversary of diplomatic relations between the two countries in 2019.

The reclusive North Korean leader also visited Beijing three times in 2018, marking a particularly busy year for international trips as he rarely travels abroad.

Japan had earlier this week asked European and Asian countries not to attend the parade,

Most Western leaders are not expected to attend the parade, in part due to their differences with Russian leader Putin over the Ukraine war.

Japan had earlier also reportedly urged foreign leaders not the attend the parade, saying it had “anti-Japanese overtones”.

Trump administration plans new four-year time limits for foreign students in US

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The Trump administration is planning a new four-year time limit for foreign students in the U.S., the Department of Homeland Security (DHS) announced on Wednesday.

According to the release, a proposed rule was unveiled by the administration on Wednesday “that, if finalized, would limit the length of time certain visa holders – including foreign students– are allowed to stay in the United States.” 

“For too long, past Administrations have allowed foreign students and other visa holders to remain in the U.S. virtually indefinitely, posing safety risks, costing untold amount of taxpayer dollars, and disadvantaging U.S. citizens,” a spokesperson for the DHS said in the release.

“This new proposed rule would end that abuse once and for all by limiting the amount of time certain visa holders are allowed to remain in the U.S., easing the burden on the federal government to properly oversee foreign students and their history,” the spokesperson added.

The statement also says that the U.S. government, via the proposed rule, would limit foreign students’ time allowed in the country to four years or less. 

“Since 1978, foreign students (F visa holders) have been admitted into the U.S. for an unspecified period known as ‘duration of status.’ Unlike other visas issued, those with a ‘duration of status’ designation are allowed to remain in the U.S. for an indefinite amount of time without further screening and vetting,” the DHS said in its press release.

“In turn, foreign students have taken advantage of U.S. generosity and have become ‘forever’ students, perpetually enrolled in higher education courses to remain in the U.S.,” the DHS added.

Throughout the first few months of his administration, President Trump and his administration have intensely cracked down on immigration.

Secretary of State Marco Rubio said last Thursday that the administration was pausing all issuance of worker visas for foreign truck drivers.

“Effective immediately we are pausing all issuance of worker visas for commercial truck drivers. The increasing number of foreign drivers operating large tractor-trailer trucks on U.S. roads is endangering American lives and undercutting the livelihoods of American truckers,” Rubio said on the social platform X.

This Stock Is Replacing Walgreens in the S&P 500

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This Stock Is Replacing Walgreens in the S&P 500

Minneapolis school shooting: What we know

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Watch: How the Catholic school shooting unfolded in Minneapolis

Two children have been killed and 17 people injured after a shooting at a Catholic school in Minneapolis.

The attack happened after 08:00 local time (14:00 BST) at Annunciation Church, where children had been attending a worship service during their first week of school.

The FBI is investigating the incident as an “act of domestic terrorism and hate crime targeting Catholics.”

Here’s what we know about what happened.

Reuters Four police officers, three with bulletproof vests and one with a helmet and gun standing outside an open entrance. There are steps leading to the doorwayReuters

Law enforcement guard an entrance to the school following the shooting

Who is the suspected attacker?

The attacker has been identified as 23-year-old Robin Westman, from suburban Minneapolis.

Westman’s motive is currently unknown.

The attacker was described as being dressed in all black and carrying three weapons – a rifle, a shotgun and a pistol. A smoke bomb was also found in a vehicle police believe belonged to the suspect in the church car park.

Minneapolis Police Chief Brian O’Hara said the attacker did not have an “extensive known criminal history”, and acted alone.

The motive remains unknown, O’Hara said, adding that police cannot currently confirm a relationship between the suspect’s family and the school.

Police did find a “manifesto” the suspect timed to publish on YouTube at the time of the shooting. The FBI assisted officials and took it down.

“Our hearts are broken for the families who have lost their children”, O’Hara said, as well as for the young lives “fighting to recover” and for “the entire community that has been so deeply traumatised by this senseless attack”.

Three maps shown. On the top left, is where Minneapolis is located in the USA, the bottom left shows where the Annunciation Catholic Church is in Minneapolis. On the right, is a bird's eye view of the street, with the church on the left of the image and the school on the right.

Who are the victims?

Two children, aged eight and 10, were killed. Seventeen people were also injured, 14 of whom are children.

The attacker is also dead, police said.

The three adults who were injured are all parishioners in their 80’s, O’Hara said.

Thomas Wyatt, chairman of emergency medicine at Hennepin County Medical Center, said seven children aged between six and 14 years old were brought to his department and were in critical condition, with four needing surgery.

Non-critical patients were taken to other hospitals.

All injured victims are expected to survive, officials said.

“These were Minneapolis families,” Mayor Jacob Frey said during a briefing. “These were American families, and the amount of pain they are suffering right now is extraordinary.”

Making a pointed reference to what some perceive as political responses to mass shootings, Frey – a Democrat – said: “Don’t just say this is about ‘thoughts and prayers’ right now. These kids were literally praying.”

Watch: Fifth grader recounts friend protecting him from gunfire during shooting

What is Annunciation School?

Annunciation Catholic Church and its faith-based school is for students from preschool (nursery-level) up to Grade 8 (aged 14 years old), according to its website.

The Catholic school’s approach to teaching is one of faith-based learning.

The school added that religion “compels” it to engage with its local community. It also has a sister school in Haiti.

Principal Matt DeBoer spoke at a press conference on Wednesday and began his remarks by saying “I love you, I’m so sorry this happened today”.

He thanked well-wishers for their thoughts and prayers and asked people to “pray with our feet” to take action against future shootings.

CDC director resists ouster, says she will not resign

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Susan Monarez, who was apparently ousted as CDC director on Wednesday afternoon after only weeks on the job, said hours later that she had not been fired and would not resign.

The Department of Health and Human Services (HHS) posted a statement on X around 5:30 p.m. EST saying “Susan Monarez is no longer director of the Centers for Disease Control and Prevention.”

Less than two hours later, DC attorney Mark Zaid released a defiant statement on Monarez’s behalf.

“When CDC Director Susan Monarez refused to rubber-stamp unscientific, reckless directives and fire dedicated health experts she chose protecting the public over serving a political agenda. For that, she has been targeted,” the statement said.

“Dr. Monarez has neither resigned nor received notification from the White House that she has been fired, and as a person of integrity and devoted to science, she will not resign.”

According to The New York Times, HHS Secretary Robert F. Kennedy Jr. told Monarez to resign or be fired on Monday over tensions around vaccine policy.

Instead, Monarez reached out to Sen. Bill Cassidy (R-La.), chair of the Senate health committee, further infuriating Kennedy, according to the Times.

A source familiar with the situation confirmed to The Hill earlier on Wednesday that Monarez had been ousted as CDC director. The Senate confirmed her on July 29 after President Trump nominated her for the role.

Monarez was the first CDC director to require Senate confirmation, after the role became increasingly politicized during the COVID-19 pandemic.

The Washington Post was first to report Monarez’s firing.

Hours after the news dropped, four senior CDC officials announced their resignations in emails to colleagues, citing the weaponization of public health agencies under Kennedy.

“For the good of the nation and the world, the science at CDC should never be censored or subject to political paused or interpretations. Vaccines save lives — this is an indisputable, well-established, scientific fact,” wrote CDC Chief Medical Officer Debra Houry in her resignation letter.

“Recently, the overstating of risks and the rise of misinformation have cost lives, as demonstrated by the highest number of U.S. measles cases in 30 years and the violent attack on our agency.”

Prior to being nominated to lead the CDC, Monarez served as acting CDC director shortly after the start of the second Trump administration. She previously served as deputy director at the Advanced Research Projects Agency for Health.

President Trump chose Monarez as his second choice after his first choice, former Florida Rep. David Weldon (R), failed to garner enough GOP support.

Monarez’s nomination was rather drawn out, being confirmed four months after Trump announced he had picked on her Truth Social.

She came to the role with glowing commendations from former colleagues who described her to The Hill as “data-driven,” nonpartisan and an excellent coordinator of public-private partnerships. During her time as acting CDC director, however, it was reported that Monarez did not push back on the White House’s directive to remove CDC pages containing the terms  “LGBTQ” and “transgender” and did not seek to preserve crucial data that was taken down.

One former colleague said Monarez was not someone who would seek to aid in dismantling the CDC and speculated she was acting pragmatically to mitigate broader attacks on existing data.

Former U.S. assistant secretary for health and former acting Food and Drug Administration (FDA) Commissioner Brett Giroir said Monarez was likely picked for her ability to provide “an objective, data and science-driven assessment of prospective policy and operational changes that are currently being considered.”

During her Senate confirmation hearing, Monarez trod lightly, at times putting distance between herself and Kennedy’s views. She stated her belief that “vaccines save lives,” and said she did not see a causal link between autism and vaccinations, something Kennedy has long speculated on.

She gave tacit approval of water fluoridation when pressed by Democratic Sen. Angela Alsobrooks (Md.), saying she believed the fluoridated water in her own Maryland community was safe to drink. Prior to his confirmation, Kennedy said the Trump administration would advise that water systems remove the cavity-preventing mineral.

But when pressed by senators on whether she would break with Kennedy on any issues, Monarez avoided directly answering, instead saying at the time, “If I’m confirmed as CDC director, I look forward to supporting the secretary with science and evidence and making sure that I am giving him the best information possible to help support some of these critical decisions.”

Updated at 7:55 p.m.

Vertiv Looks to AI to Manage Data Centers With Latest Acquisition

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Vertiv Looks to AI to Manage Data Centers With Latest Acquisition

‘Shooting terror’ and ‘one third of Gaza wounded are children’

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The headline on the front page of the Times reads: "Blair advised Trump on Kushner-linked plan to rebuild Gaza".

A mix of stories leads Thursday’s papers. The Times spotlights a striking image of a mother comforting her son after a school shooting in the US city of Minneapolis on Wednesday. Two children were killed and 17 others injured after a gunman opened fire at a Catholic school while children were attending mass. Also featured is former British prime minister Sir Tony Blair advising Donald Trump on a “comprehensive plan” for the future of Gaza during a White House meeting on Wednesday.

The headline on the front page of the Daily Mail reads: "Wind farms hike your energy bill".

The Daily Mail follows with a photo of the Minneapolis shooter named by police as Robin Westman. Alongside, the paper reports that energy regulator Ofgem says “policy costs” imposed by Energy Secretary Ed Miliband have contributed to the price cap rising at “double the rate” forecast. It adds the rise in energy bills will see “millions” of households pay more this winter.

The headline on the front page of the Metro reads: "From hero to Keir low".

Labour’s approval rating has sunk to its lowest point in the 13 months since the general election, polling reported by the Metro suggests. “From hero to Keir low”, is the accompanying headline. The paper says it shows that only 20% of responders say they would vote for Labour, while Nigel Farage’s Reform UK takes an eight-point lead.

The headline on the front page of the Guardian reads: "One-third of wounded in Gaza are children".

Children under 15 years old made up almost a third of patients treated for injuries in Gaza field hospitals run by Médecins Sans Frontières last year, the Guardian reports. Figures released in correspondence with medical journal the Lancet reveal wounds from bombs, shelling or shooting were involved in half of the more than 90,000 patients treated in 2024.

The headline on the front page of the Daily Express reads: "OAPs pay price for switch to wind farms".

The Daily Express also leads with energy, reporting that gas and electricity prices will go up 2% for millions of households to help meet the costs of wind farms. Also featured are George and Amal Clooney arriving at the Venice Film Festival “in style”.

The headline on the front page of the i Paper reads: "New Brexit energy tax set to hit UK on 1 January in blow to Reeves trade hopes".

An EU levy on energy set to take effect next year could hit UK businesses, jobs and economic growth, according to the i. The tax is designed to encourage greener production over carbon-intensive methods, but the paper says exporters fear that they could be left facing a bill of up to £800m in carbon tax payments. The i says the government is seeking an exemption to the charge which could also increase energy bills for families.

The headline on the front page of the Daily Telegraph reads: "Weight-loss jabs pulled ahead of price surge".

Sales of the “King Kong” of weight loss treatments have been halted ahead of a 170% price rise, reports the Daily Telegraph. Drugmaker Eli Lilly has temporarily paused orders of the Mounjaro jab to cope with soaring demand, which means pharmacies won’t be able to buy more at the current lower price tag. A planned price surge next week indicates the drug will cost between £133 and £330 per jab in the UK. Elsewhere, a smiling Cate Blanchett – dressed in all black – poses on the Venice Film Festival red carpet.

The headline on the front page of the Financial Times reads: "China pushes to triple high-end chip output as AI race with US intensifies".

The “Greenland rift” growing between the US and Denmark leads the Financial Times. The paper says Denmark has denounced reports of covert “foreign actors” with alleged ties to Donald Trump trying to influence the future of Greenland. A top US diplomat in Copenhagen was summoned by Denmark’s foreign ministry over the reports. Sharing the top spot is a report on China’s chipmakers seeking to triple their output of artificial intelligence processors next year, as the AI race with the US intensifies.

The headline on the front page of the Daily Mirror reads: "Flip flop Farage".

“Flip flop Farage” declares the Daily Mirror. The paper says the Reform leader’s immigration plans are in “tatters” after he admitted that deporting women and children was “not part of our plan for the next five years”. Farage’s backtrack comes as Labour accuses him of offering “empty promises” on tackling small boat arrivals.

The headline on the front page of the Daily Star reads: "Trump's Swifty change of heart".

Still riding high on Taylor Swift’s engagement announcement, the Daily Star fills its front page with “Trump’s Swifty change of heart”. The paper focuses on the US president’s reaction to the singer’s engagement to Travis Kelce, calling her a “terrific person”.

The headline on the front page of the Sun reads: "Keep 'Jihadi Ringo' out of UK".

Finally, the Sun reports that an Islamic State “terrorist” who was sentenced to life in prison wants to return to the UK. El Shafee Elsheikh was convicted for his involvement in a terror cell and is currently in a high-security jail in the US, it says. The paper quotes the daughter of one of the gang’s victims, calling the bid an “outrageous insult”.

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National Guard in DC now picking up trash, working on 'beautification'

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Some members of the National Guard deployed to Washington, D.C., are picking up trash and working on the “beautification” of the nation’s capital as part of President Trump’s federalization of the city’s law enforcement to crack down on crime. 

Over the weekend, the D.C. National Guard shared a video of troops hauling garbage bags and cleaning up benches. 

“This week, Soldiers and Airmen conducted site surveys in coordination with federal and local partners to begin community restoration projects,” the D.C. National Guard said in a Saturday post on the social platform X. 

Since Trump ordered the National Guard to aid law enforcement and local police in curbing crime in Washington, officials have arrested nearly 1,200 people and seized more than 120 firearms, according to Attorney General Pam Bondi. 

In recent days, National Guard members have been photographed picking up leaves around the Tidal Basin and discarding soda bottles. 

“I think it’s nice, as a D.C. resident. But there are different things we could be doing,” one National Guard member told The Washington Post in a piece published Wednesday morning.

More than 2,200 National Guard troops from various states, including Mississippi and West Virginia, have been deployed to the nation’s capital in recent days to help tackle crime. It is unclear how many National Guard troops in Washington have been performing custodial work. 

Transportation Secretary Sean Duffy said on Wednesday that the administration would take over the management of Union Station. 

“Instead of being a point of pride, Washington’s Union Station has fallen into disrepair,” Duffy said. “By reclaiming station management, we will help make this city safe and beautiful at a fraction of the cost.”