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Cousin marriage is probably fine in most cases

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IT JUST SEEMED so wrong. In January Nick Wilson, a Kentucky state legislator who achieved reality-TV fame for winning “Survivor” in 2018, created a frenzy on social media when he sponsored a bill that removed “first cousin” from the list of incestuous family relations. Mr Wilson said that the omission was a mistake and the bill was quickly withdrawn. The new draft put “first cousin” back on the list of criminal sexual relations, alongside parent, sibling, grandchild and other blood relatives.

Since much of Kentucky is covered by the Appalachian mountains, a region stereotyped for encouraging incestuous sexual behaviour, jokes quickly spread online. The reactions on X (formerly known as Twitter) ranged from humour to disgust to fear for the resulting offspring. Only a few pointed out that in many states it is legal to have sexual relations and marry one’s first cousin. Is it really OK to kiss your cousin?

Geneticists mostly say that it is, with some caveats. In 2021 the National Society of Genetic Counsellors (NSGC) published updated guidelines for consanguineous couples (people descended from the same ancestor) and their offspring. The risk to offspring is greater, but the increase is quite small. According to the Centres for Disease Control and Prevention about 3% of all babies born in America have birth defects. The NSGC guidelines state that for “couples with no known genetic disorders in the family, there is an additional 1.7% to 2.8% risk for significant birth defects.”

Many other couples face far higher risks of genetic complications for their offspring, and those unions are not banned. Classic Mendelian genetics (the kind taught in biology class) predicts that if two people each have a recessive gene for certain disorders, such as cystic fibrosis or sickle-cell anaemia, there is a 25% chance their child will be born with that disorder. Yet those marriages are allowed. “The law against first-cousin marriage is a major form of discrimination,” says Robin Bennett of the University of Washington’s department of medicine, who was a co-author of the NSGC guidelines. For offspring “the risks are very low and not much different than for any other couple,” she says.

Throughout Western history attitudes about consanguineous marriages have varied. The Bible does not directly ban sexual relations between cousins—how else would all of mankind have descended from Adam and Eve? The Roman Catholic Church did later prohibit first cousins from marrying, though exceptions were made for a fee. Martin Luther, the father of Protestantism, objected to such payments, so many Protestant denominations allowed these marriages free of charge. As is clear from novels such as “Mansfield Park” and “Wuthering Heights”, the people of Georgian and Victorian England were not too squeamish about such relations. Queen Victoria was married to her first cousin, as were both Albert Einstein and Edgar Allan Poe.

In some cultures, marriage between close family members is encouraged today. It secures wealth and reinforces social connections within the family. It might even make marriages easier, on the optimistic assumption that the in-laws are more likely to get along. In some areas of the world (Pakistan, the Middle East), nearly half of all marriages are between close relations. No European countries ban marriages between first cousins (though Norwegian policymakers recently debated doing so).

There are limits to the amount of intermarriage that is healthy. Charles Darwin, the father of evolutionary biology, who married his first cousin in 1839, was reportedly conflicted about his own arrangement. The Darwins had ten children, but three of them died during childhood and three of his surviving children never had any offspring with their spouses. Some historians surmise that the children suffered from genetic abnormalities due to their parents being closely related—the families of Darwin and his wife had a long history of intermarriage.

Yet despite the fairly low genetic risk for most couples, the “ick” factor prevails in Western culture. The family dynamics can be difficult to explain to others. Many consanguineous couples choose to keep quiet, says Ms Bennett. For this reason it is difficult to know how many of these couples exist in America.

Despite the fact that first-cousin marriages are pretty low-risk for offspring, 25 states do not allow first cousins to marry. In six states, it is legal to marry a first cousin, but with caveats (if one person is unable to reproduce or elderly, for example). However, if Mr Wilson’s experience in Kentucky is indicative of the public’s reaction, it will be a long time before such laws will be stricken from the books.

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Accounting

Business Transaction Recording For Financial Success

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Business Transaction Recording For Financial Success

In the world of financial management, accurate transaction recording is much more than a routine task—it is the foundation of fiscal integrity, operational transparency, and informed decision-making. By maintaining meticulous records, businesses ensure their financial ecosystem remains robust and reliable. This article explores the essential practices for precise transaction recording and its critical role in driving business success.

The Importance of Detailed Transaction Recording
At the heart of accurate financial management is detailed transaction recording. Each transaction must include not only the monetary amount but also its nature, the parties involved, and the exact date and time. This level of detail creates a comprehensive audit trail that supports financial analysis, regulatory compliance, and future decision-making. Proper documentation also ensures that stakeholders have a clear and trustworthy view of an organization’s financial health.

Establishing a Robust Chart of Accounts
A well-organized chart of accounts is fundamental to accurate transaction recording. This structured framework categorizes financial activities into meaningful groups, enabling businesses to track income, expenses, assets, and liabilities consistently. Regularly reviewing and updating the chart of accounts ensures it stays relevant as the business evolves, allowing for meaningful comparisons and trend analysis over time.

Leveraging Modern Accounting Software
Advanced accounting software has revolutionized how businesses handle transaction recording. These tools automate repetitive tasks like data entry, synchronize transactions in real-time with bank feeds, and perform validation checks to minimize errors. Features such as cloud integration and customizable reports make these platforms invaluable for maintaining accurate, accessible, and up-to-date financial records.

The Power of Double-Entry Bookkeeping
Double-entry bookkeeping remains a cornerstone of precise transaction management. By ensuring every transaction affects at least two accounts, this system inherently checks for errors and maintains balance within the financial records. For example, recording both a debit and a credit ensures that discrepancies are caught early, providing a reliable framework for accurate reporting.

The Role of Timely Documentation
Prompt transaction recording is another critical factor in financial accuracy. Delays in documentation can lead to missing or incorrect entries, which may skew financial reports and complicate decision-making. A culture that prioritizes timely and accurate record-keeping ensures that a company always has real-time insights into its financial position, helping it adapt to changing conditions quickly.

Regular Reconciliation for Financial Integrity
Periodic reconciliations act as a vital checkpoint in transaction recording. Whether conducted daily, weekly, or monthly, these reviews compare recorded transactions with external records, such as bank statements, to identify discrepancies. Early detection of errors ensures that records remain accurate and that the company’s financial statements are trustworthy.

Conclusion
Mastering the art of accurate transaction recording is far more than a compliance requirement—it is a strategic necessity. By implementing detailed recording practices, leveraging advanced technology, and adhering to time-tested principles like double-entry bookkeeping, businesses can ensure financial transparency and operational efficiency. For finance professionals and business leaders, precise transaction recording is the bedrock of informed decision-making, stakeholder confidence, and long-term success.

With these strategies, businesses can build a reliable financial foundation that supports growth, resilience, and the ability to navigate an ever-changing economic landscape.

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Economics

A protest against America’s TikTok ban is mired in contradiction

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AS A SHUTDOWN looms, TikTok in America has the air of the last day of school. The Brits are saying goodbye to the Americans. Australians are waiting in the wings to replace banished American influencers. And American users are bidding farewell to their fictional Chinese spies—a joke referencing the American government’s accusation that China is using the app (which is owned by ByteDance, a Chinese tech giant) to surveil American citizens.

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Economics

Home insurance costs soar as climate events surge, Treasury Dept. says

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Firefighters battle flames during the Eaton Fire in Pasadena, California, U.S., Jan. 7, 2025.

Mario Anzuoni | Reuters

Climate-related natural disasters are driving up insurance costs for homeowners in the most-affected regions, according to a Treasury Department report released Thursday.

In a voluminous study covering 2018-22 and including some data beyond that, the department found that there were 84 disasters costing $1 billion or more, excluding floods, and that they caused a combined $609 billion in damages. Floods are not covered under homeowner policies.

During the period, costs for policies across all categories rose 8.7% faster than the rate of inflation. However, the burden went largely to those living in areas most hit by climate-related events.

For consumers living in the 20% of zip codes with the highest expected annual losses, premiums averaged $2,321, or 82% more than those living in the 20% of lowest-risk zip codes.

“Homeowners insurance is becoming more costly and less accessible for consumers as the costs of climate-related events pose growing challenges to both homeowners and insurers alike,” said Nellie Liang, undersecretary of the Treasury for domestic finance.

The report comes as rescue workers continue to battle raging wildfires in the Los Angeles area. At least 25 people have been killed and 180,000 homeowners have been displaced.

Treasury Secretary Janet Yellen said the costs from the fires are still unknown, but noted that the report reflected an ongoing serious problem. During the period studied, there was nearly double the annual total of disasters declared for climate-related events as in the period of 1960-2010 combined.

“Moreover, this [wildfire disaster] does not stand alone as evidence of this impact, with other climate-related events leading to challenges for Americans in finding affordable insurance coverage – from severe storms in the Great Plans to hurricanes in the Southeast,” Yellen said in a statement. “This report identifies alarming trends of rising costs of insurance, all of which threaten the long-term prosperity of American families.”

Both homeowners and insurers in the most-affected areas were paying in other ways as well.

Nonrenewal rates in the highest-risk areas were about 80% higher than those in less-risky areas, while insurers paid average claims of $24,000 in higher-risk areas compared to $19,000 in lowest-risk regions.

In the Southeast, which includes states such as Florida and Louisiana that frequently are slammed by hurricanes, the claim frequency was 20% higher than the national average.

In the Southwest, which includes California, wildfires tore through 3.3 million acres during the time period, with five events causing more than $100 million in damages. The average loss claim was nearly $27,000, or nearly 50% higher than the national average. Nonrenewal rates for insurance were 23.5% higher than the national average.

The Treasury Department released its findings with just three days left in the current administration. Treasury officials said they hope the administration under President-elect Donald Trump uses the report as a springboard for action.

“We certainly are hopeful that our successors stay focused on this issue and continue to produce important research on this issue and think about important and creative ways to address it,” an official said.

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