Friday, November 25, 2016

With Trump's commerce and treasury picks, it's looking like business as usual in Washington With Trump's commerce and treasury picks, it's looking like business as usual in Washington

Billionaire U.S. investor Wilbur Ross poses for a photo after an interview with Reuters on the sidelines of a conference at a hotel in Singapore September 25, 2012. REUTERS/Tim Chong Billionaire US investor Ross poses for a photo after an interview in Singapore Thomson Reuters

During his campaign, Donald Trump told voters that he would apply the lessons of business to running a government.

As president-elect he has begun tapping wealthy tycoons to join his economic team, reflecting his faith in private-sector experience – and the approach of past Republican and Democratic administrations in filling these posts.

Reporting on Mr. Trump’s cabinet picks concur on the likely nomination as commerce secretary of Wilbur Ross, who chairs a private equity firm and is estimated by Forbes to be worth $2.9 billion. Mr. Ross was an adviser and fundraiser for Trump’s campaign and has echoed his hostility to “bad trade agreements.”

The New York Times reports that Trump may appoint as deputy commerce secretary another billionaire Republican donor, Todd Ricketts, owner of the Chicago Cubs. The current commerce secretary, Penny Pritzker, is a billionaire and a prominent funder of Obama’s presidential campaigns.

While commerce is a cabinet-level position, it is mostly in the shadow of the US Treasury, making Trump’s nomination for that powerful cabinet job more consequential. CNN reports that Steven Mnuchin, the president-elect’s campaign finance chairman, is one of two contenders; the other, Jeb Hensarling, is the chairman of the House Financial Services Committee.

As nominee, Mr. Mnuchin could face questions over his ownership of a failed sub-prime mortgage lender that he bought in 2009. The bank, now called OneWest, was taken over in 2008 and sold for $1.55 billion by the government, which covered much of its outstanding losses. Mnuchin and co-investors sold the bank for twice its original price in 2015. CNN reports that before it was sold again, federal regulators charged OneWest with falsifying documents during property foreclosures.

Mnuchin is also a former executive at Goldman Sachs. That puts him in good company: Robert Rubin, a Treasury secretary under President Clinton, and Henry Paulson, who served under George W. Bush, both came from Goldman. Mr. Paulson, a Republican who has been critical of Trump’s economic views and experience, was the firm’s chairman.  

Goldman was a populist punching bag for Trump, both in the primaries – Sen. Ted Cruz’s wife, Heidi, works there – and in defeating Hillary Clinton, who gave paid speeches to the bank after serving as secretary of State.

"I know the guys at Goldman Sachs. They have total, total control over him. Just like they have total control over Hillary Clinton," Trump said of Cruz in a February debate.

Donald Trump John Kelly President-elect Donald Trump talks to media as he stands with retired Marine Gen. John Kelly, right, at the Trump National Golf Club Bedminster clubhouse Sunday, Nov. 20, 2016, in Bedminster, N.J.. AP Photo/Carolyn Kaster

Whoever becomes Treasury secretary will have broad oversight of Wall Street, along with the power to set policy on currency and banking rules. This includes the supervisory powers created under the Dodd-Frank Act passed after the financial crisis, which Trump has said he wants to dismantle. The Treasury is also a major voice in global bodies such as the International Monetary Fund, which would matter in the event of an international financial crisis.

Last month, Trump issued a 100-day “Contract with the American Voter”[pdf] that pledged swift action on several fronts under his administration. One section, entitled “Seven actions to protect American workers,” commits Trump’s Treasury secretary to labeling China a currency manipulator, a longstanding Republican demand that President Obama has repeatedly resisted.

Under a 1988 law, the Treasury has to declare whether major trading partners are gaining an unfair advantage from currency manipulation. Such a formal declaration allows the president to erect trade barriers and take other retaliatory measures. Trump has threatened to sanction China for depressing the value of its currency, the yuan, to make its goods cheaper in US dollars.

However, far from trying to keep the yuan weak, China has more recently been trying to prop up the currency as its economy weakens and capital leaves the country. That reality could stay the hand of Trump’s Treasury secretary, even if it undercuts his 100-day pledge.

David Loevinger, a former China specialist at the Treasury who now works for asset manager TCW Group,  told Bloomberg that the incoming administration may adjust its tactics. When candidates "get to the Oval Office they realize finding ways to get China to open up without strengthening the hardliners and hurting ourselves is a lot harder."

However, Bloomberg also cites another former Treasury official, Lewis Alexander, who served under Obama and now works at Nomura Securities, as saying he expected Trump to deliver on his promise to label China a currency manipulator.

Trump’s other 100-day pledges to protect American workers include scrapping or renegotiating existing and proposed trade deals, identifying foreign trade abuses and punishing offenders, and allowing more domestic oil drilling and pipeline construction.

In a survey of eminent academic economists, virtually all said these actions would be deleterious for the workers they are supposed to help. Asked if they thought Trump’s 100-day plan would improve the economic prospects for middle-class Americans over the next decade, 46 percent disagreed – and 47 percent strongly disagreed – when responses were weighted by confidence levels.

When the same question was posed about the prospects for low-skilled Americans – the white working class voters that are credited with helping Trump defeat Mrs. Clinton – only 2 percent agreed and 48 percent strongly disagreed on a confidence-weighted basis. The survey was carried out by the University of Chicago, which regularly asks economic experts similar policy questions.

Read the original article on Christian Science Monitor. Copyright 2016.

More from Christian Science Monitor:

  • With Trump's Commerce, Treasury picks, will it be business as usual?
  • Student-led programs promote food on US campuses
  • Diplomatic Apprentice: Who’ll win Trump nod as Secretary of State?
  • Amid calls for recount, election experts ask: Why not audit the vote?
  • What universities are doing to protect their undocumented students

Coconut crab’s bone-crushing grip is 10 times stronger than ours

A researcher holds a force probe, which a large crab is grasping in its claw
Packs a painful pinch

Shin-ichoro Oka

By Alice Klein

Its handshake could crush your fingers. A giant crab from the Asia-Pacific region can lift the weight of a small child and has the most powerful claw strength of any crustacean.

The coconut crab – Birgus latro – lives on islands in the Indian and Pacific oceans, and can reach a weight of 4 kilograms, a length of 40 centimetres and a leg span of almost a metre.

Its large claws are strong enough to lift up to 28 kilograms and crack open hard coconuts – hence its name. However, the squeezing force of its claws has never been precisely measured until now.

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Shin-ichiro Oka at the Okinawa Churashima Foundation, Japan, and his colleagues recorded the claw strength of 29 wild coconut crabs weighing between 30 grams and 2 kilograms from Okinawa Island in southern Japan.

Capturing the mighty beasts was tricky because they launched into offensive mode, says Oka. “I was pinched two times and felt eternal hell,” he says.

Get a grip

After the researchers managed to hold the crabs down by their backs, they gave them a force sensor to squeeze. Claw strength was found to increase proportionally with body weight, and the highest reading reached almost 1800 newtons.

A maximum-sized coconut crab weighing 4 kilograms could thus be expected to exert a crushing force of more than 3000 newtons, says Oka. This significantly out-muscles all other crustaceans, including lobsters, which have claw strengths of about 250 newtons.

Coconut crab claws are substantially stronger than human hands, which have an average grip strength of about 300 newtons. But they cannot squeeze as hard as crocodile jaws, which bite down with a whopping 16,000 newtons – the strongest grip force known in the animal kingdom.

On Okinawa Island, where there are no coconut trees, the crabs crack open nuts and hard fruit from pandanus palms. They also eat the remains of dead animals, using their claws to break the bones. Alternative names for the species include “robber crab” and “palm thief”, due to their tendency to steal food.

Jakob Krieger at the University of Greifswald in Germany has studied coconut crabs on Christmas Island in the Indian Ocean, and has found that they hunt other land crab species, such as red crabs (Gecarcoidea natalis). “It makes sense in the light of the robber crab’s dietary demands to evolve strong claws,” he says.

Another reason for powerful claws is defence, Oka says. The adult crabs do not have shells to shield them and instead rely on a hard, calcified outer body, which is less protective. As a result, they need their claws to ward off attackers.

The crabs lead solitary lifestyles and fight aggressively with their claws if they encounter each other, probably due to competition for food. “I’ve never seen them hanging out in groups,” Oka says.

Journal reference: PLoS One, DOI: 10.1371/journal.pone.0166108

Read more: Zoologger: The largest arthropod to prowl the land

A $19 billion hedge fund is pushing into a fresh corner of the credit market A $19 billion hedge fund is pushing into a fresh corner of the credit market

Wall Street Henny Ray Abrams/AP

King Street Capital, a $19 billion hedge fund focused on the credit markets, is planning to launch its own collateralized loan obligation.

A CLO bundles up bank loans of differing credit quality and then sells tranches to investors like insurance companies. They're closely related to collateralized debt obligations, or CDOs, which had a big part to play in the financial crisis.

King Street said it was an opportune time to launch a CLO given regulatory requirements, according to a client letter dated November 8 viewed by Business Insider.

New rules introduced after the financial crisis are set to force CLO managers to retain a certain portion of the CLO. The idea behind the so-called risk-retention rule is to align the interests of the CLO manager with the CLO investors.

The rules are set to take effect December 24, and many have argued that they will negatively affect CLO formation. Issuance for this year through November 3 was 36% lower than it was in the same period in 2015, according to a Reuters report.

That presents an opportunity, King Street says. Here's the relevant excerpt:

"While we have considered doing this in the past, we believe now is a particularly advantageous moment to do so. We expect the number of CLO managers to decline significantly as a result of the implementation of regulatory risk retention requirements. Managing our own CLO will create additional equity tranche investments for our funds. Additional benefits include the ability to control the selection of credits and avoid the payment of fees to third-party managers that can reduce CLO equity returns by 3-5% per year. It would also provide non-recourse leverage in a manner similar to our existing structured credit portfolio. Lastly, operating as a CLO manager would provide synergies to other parts of our portfolio, as it would complement our ongoing analysis of leveraged corporate issuers."

The move to operate as a CLO manager is another example of the way in which alternative asset managers are moving further in to the lending business. While these funds have long bought and sold bonds and loans, now they are moving in to direct lending, financing everything from M&A deals to student-loan refinancings.

King Street managed $19 billion as of midyear, according to the Hedge Fund Intelligence Billion Dollar Club ranking. The fund returned 1.6% in the third quarter for a year-to-date performance of 3.02%, according to the letter.

ValueWalk earlier reported about the letter.

Thursday, November 24, 2016

Top Trump aide acknowledges grassroots furor over Mitt Romney as potential secretary of state Top Trump aide acknowledges grassroots furor over Mitt Romney as potential secretary of state

Mitt Romney Mitt Romney talks to media after meeting with President-elect Donald Trump at Trump National Golf Club Bedminster in Bedminster, N.J., Saturday, Nov. 19, 2016. AP Photo/Carolyn Kaster

Top Donald Trump adviser Kellyanne Conway noted Thursday the outcry over the president-elect's meeting with Mitt Romney last weekend and his potential appointment as secretary of state.

The former Massachusetts governor and 2012 GOP presidential nominee is reportedly the frontrunner for the role in the Trump administration.

"Receiving deluge of social media & private comms re: Romney," Conway tweeted Thursday morning, linking to a story titled, "Some Trump loyalists warn against Romney as sec of state."

Some Trump loyalists were apparently bewildered by the notion that Romney, who was one of Trump's harshest critics, could potentially be allowed in Trump's inner circle. Mike Huckabee, Newt Gingrich, and Fox News host Sean Hannity were among the loudest detractors.

Gingrich questioned whether Romney would act in his own self-interest as secretary of state.

Conway, who was Trump's campaign manager during the election, appeared to acknowledge critics' concerns, arguing the merits of previous secretaries of state — Henry Kissinger, who was appointed by Richard Nixon, and George P. Shultz, who worked with Ronald Reagan.

They "flew around the world less," Conway wrote, "counseled POTUS close to home more. And were loyal. Good checklist."

Trump supporter and former New York City mayor Rudy Giuliani is also being considered for the post. It is unclear when a selection will be announced.

Being popular is good for health – in monkeys, at least

Monkeys have pecking order

Lauren Brent/AAAS

By New Scientist staff and Press Association

Life at the bottom of the social ladder can be damaging to health – even for monkeys.

A study of rhesus monkeys has revealed the stress of low social status can be damaging to the immune system of the animals.

Researchers believe the findings may help explain why people with poor and deprived backgrounds have higher rates of heart disease and diabetes, both of which are linked to inflammation.

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“Social adversity gets under the skin,” says Noah Snyder-Mackler, of Duke University in the US, who co-led the investigation. “If we can help people improve their social standing and reduce some of these hierarchies, we may be able to improve people’s health and wellbeing.”

In the US, __life expectancy between rich and poor differs by more than a decade.

American health inequality is often attributed to the availability of medical care and lifestyle habits such as smoking, exercise and diet.

Going bananas

But the new results underline the important role played by stress.

The team studied female rhesus monkeys at the Yerkes National Primate Research Centre at Emory University.

First, 45 unrelated females that had never met were sorted into social groups and observed as they formed a social pecking order. Monkeys introduced to their groups earlier tended to be ranked higher than the “last in”.

To find out how rank affected health, scientists measured the activity of 9,000 genes in the animals’ immune cells.

Activity in more than 1,600 genes differed between lower and higher-ranking monkeys, which was especially true within “natural killer cells” – white blood cells that are a first line of defence against infection. The cells were more active in higher-ranking monkeys, giving them better protection against viruses.

Turning the tables

Lower-rankers produced a stronger immune response against bacteria, but this also fuelled potentially harmful inflammation. When their immune cells were exposed to a bacterial toxin in test tubes, they went into overdrive.

“A strong inflammatory response can be life-saving in the face of infectious agents,” says co-author Luis Barreiro, of the University of Montreal in Canada. “But the same self-defence mechanism, the ones that make infected tissue swollen and red, can also cause damage if not properly controlled.”

When the monkeys were re-sorted so that low-rank animals were moved up the social ladder, it had a striking effect on their immune systems.

As the animals improved their social status and enjoyed the benefits, such as more grooming, their immune cells became less likely to trigger inflammation.

“This suggests the health effects of status aren’t permanent, at least in adulthood,” says Jenny Tung, another member of the Duke team.

Journal reference: Science, DOI: 10.1126/science.aah5067

'One hell of a feeling': Local officials in the counties that determined the election explain Trump's improbable victory 'One hell of a feeling': Local officials in the counties that determined the election explain Trump's improbable victory

Donald Trump and Mike Pence Donald Trump. Drew Angerer/Getty Images

As 3 a.m. was closing in on election night, Ron Ferrance sat in a crowded party for local Republican volunteers in the small town of Dallas, Pennsylvania.

The sun was on the cusp of rising. But Ferrance, the chair of the Luzerne County Republican Party, said no one was leaving.

Against all odds, the volunteers knew what was about to happen: Republican nominee Donald Trump was going to become president-elect, Pennsylvania would be the state that put him over the top, and their county played a monumental role in doing so.

"It was one hell of a feeling," Ferrance told Business Insider. "It was a good night. I've worked on enough losing campaigns, so it was nice to put that one away."

Trump's win was the biggest political upset he'd ever seen.

"Oh, absolutely," Ferrance said. "I'm 46 years old, so I don't know if it's going to get bigger than this again before I move on from this world. But it's the biggest I've seen."

More than 1,100 miles away, Nick DiCeglie had his "wow moment" almost a full 24 hours earlier.

DiCeglie is the chair of the Pinellas County Republican Party, a linchpin county in Trump's Florida victory. He knew the signs were there for a "big day" at 8:15 a.m. on Election Day.

"We keep track of the absentee ballots being returned, tried to see where we were," he said. "Going into Election Day [2012], we were down about 326 votes. This time we were down, I want to say a little over 700. We didn't translate that to being down double, we knew we were going to have a big Election Day, knew Republicans were going to turn out, because we had a state poll that showed 62% of Republicans were going to vote on Election Day."

"That being said, by 8:15, we went from being down 725 votes to being up by over 2,000," he continued. "And at that point, we were like hang on tight, this is going ot be a big day. By 4:00, we were up over 10,000 votes from just Election Day."

Both Ferrance's and DiCeglie's counties flipped from their 2012 vote margins in favor of President Barack Obama by more than 31,000 votes to favor Trump. Trump won the two states by a roughly 188,000 votes combined.

It was in Pennsylvania, Michigan, Wisconsin, and Florida, where the margin of victory for Trump was as thin as can be in some — so much so that Michigan has yet to be officially called — that he won the presidency.

In those states, only a handful of counties made the difference between what could have been, and what was expected — a President-elect Hillary Clinton — and the Trump reality that stunned much of the political world.

Business Insider spoke with party officials and pollsters in the most crucial counties within those states to see how the improbable Trump victory took place.

Wisconsin

No Republican had won at the presidential level in Wisconsin since 1984. And the county that played the largest role in changing that was Milwaukee County, where a drop off in ballots cast was felt on both sides, but more so on Clinton's. The margin of victory for Clinton over Trump was about 20,000 less than Obama's over 2012 Republican nominee Mitt Romney.

Clinton lost Wisconsin by just more than 27,000 votes.

"We did have larger vote totals for Gary Johnson and Jill Stein, and you had a large number of write in votes which was kind of unusual," Rob Hansen, the Democratic chair of Milwaukee County, told Business Insider. "Like a significantly higher number."

But that wasn't all that depressed Clinton's vote: Hansen said a far lower number of provisional ballots than typical for a presidential election played a role, as did a recent strict voter ID law that was in effect for its first presidential election in the state.

"I think overall that the negativity of the campaign cycle itself, in some ways suppressed the votes," he added. "You had a situation with two candidates with high unfavorables, that turns people away. It's a lot of different things that all add up."

He said it's not necessarily fair to compare Clinton's vote total to Obama's.

"Hillary Clinton is not Barack Obama," he said. "No matter what the quality of her experience is going into it, he fires up people to a whole different degree than she does. And there are a lot of reasons for that."

The county experienced a higher turnout than it did for Gov. Scott Walker's recall election, an exceedingly high-profile election. Hansen added that it was the third-highest turnout in the past six elections.

The Democratic official said he hoped the narrative surrounding the state's voter ID law soon changed.

Because the case was tied up in court for years, he said, the narrative from the Democratic side ended up being about how unfair and difficult the law made it for many to vote. As a result, he said, many people wrongly thought that the IDs were very difficult to get, and that it wasn't worth it for the purpose of voting.

Hansen said his organization must do a better job of "educating folks for what they need to do to get the proper identification" because that voter ID requirement is now "the law of the land."

"It requires a little initiative, but you don't want to tell people it's too hard," he said. "That turns them off. It's going to take time, but you should do it. We've got to do that messaging on our end a little bit better."

"But, you know, that's one thing I intend to be vocal about," Hansen continued. "Yes, you need an ID to vote. It is the law of the land here. This is how you do it, it's not hard to do. Having it tied up in court so long, that became the narrative for a lot of folks."

hillary clinton Hillary Clinton. Justin Sullivan/Getty Images

Michigan

It just came down to one county.

Wayne County, the state's most populous and home to Detroit, was the center of Clinton's likely loss in the Wolverine State.

In 2012, Wayne County offered 595,846 votes for Obama and 213,814 for Romney. Trump received a few more votes than Romney (at the time of publication, he had more than 228,000 votes, according to The Associated Press). But Clinton fell almost 80,000 votes behind Obama at just a hair more than 517,000. In total, the advantage she held over Trump in the county was more than 93,000 fewer votes than Obama enjoyed over Romney in 2012.

And, at the time of publication, she was losing the state by fewer than 10,000 votes.

"We saw the numbers but we did not project it would be that significant a falloff from 2008 and 2012," Steve Mitchell, a Michigan pollster who conducted the Fox 2/Mitchell poll in the state, told Business Insider. "I always said from the election of Barack Obama in his initial election of 2008 and his reelection in 2012, that no other Democrat, unless they were African American, would ever run up the numbers Barack Obama had."

"The question was, how big of a falloff would there be," he continued. "And there was clearly a pretty significant falloff. A greater percentage than I would've anticipated."

Pennsylvania

The Keystone State's vote for Trump was its first for a Republican presidential nominee since 1988 — and four northeastern Pennsylvania counties played a monumental role in making that happen.

Northumberland, Schuylkill, Lackawanna, and Luzerne counties saw a drastic change in their vote totals from 2012 to 2016. In 2012, they combined to provide Obama more than 18,000 more votes than Romney. This time around, voters in those four counties cast nearly 64,000 more votes for Trump than Clinton. That was a difference of more than 82,000 votes between Clinton's and Obama's margins in those counties.

Clinton lost Pennsylvania by slightly more than 68,000 votes, according to The New York Times.

And of those four counties, none had a larger reversal than Luzerne, Ferrance's county. With its largest city of Wilkes-Barre and a population of more than 320,000, the county's vote for Trump was the largest for a Republican presidential candidate there since President Richard Nixon's reelection in 1972.

The chair of the county's GOP said he first realized there could be a big flip in the vote following the state's April primary, where Trump attracted the vast majority of Luzerne County voters.

"Did we think he was going to win as big as he did?" Ferrance asked rhetorically. "I don't know if anybody would've forecast that."

Going door-to-door to engage with the county's "swing voters," Ferrance said it was "rare" for someone to mention support for Clinton.

"It just didn't happen," he said. "Also driving through our area, you would see a lot of Trump signs at a time when I didn't have access to them because the campaign hadn't been sending them. They really didn't come out until after the convention."

"People making their own signs, I mean, when have you ever seen that in an election, where somebody is going to make their own signs?" Ferrance continued. "Similar that you would for a sports team if you were going to a game. You just didn't see that type of enthusiasm. So, I mean, they say it was a movement, it really seemed like it was a movement here."

Lacking a ground game in the state, just as he did across the country, Trump relied on state and local parties, such as Ferrance's, to drive the get-out-to-vote efforts.

The GOTV plan put forth by the Pennsylvania GOP, Ferrance said, worked to perfection.

"We were [Trump's] boots on the ground, if you would," he said. "In the weeks leading up to the election, they were doing 25 [to] 30,000 doors on a weekend, getting out in front of these. There was so much face-to-face voter contact. There was way more than we saw through the [former Pennsylvania Gov. Tom] Corbett election, the Romney election, they really projected each county their vote total they wanted to get."

The state party projected that if Luzerne County could attain 60,180 Trump votes, it could be enough to offset some of the wide disparity in Philadelphia. Instead, the county secured more than 78,000 votes for Trump.

"I just think that the reason we had such turnout is because he was real to a lot of the people from the area," he said. "[The Pittsburgh area] is similar to ours. It's a lot of hard-working, blue collar type people and they were just sick, it seems like, anything that was done to help was never to the middle class or the slightly lower than middle class. It was like everything was going on the backs of the people going out and working. I think what he said really resonated."

"And you'd say, 'Well, Hillary's going to win, Hillary's going to win,'" he continued. "I think it just got the people out that normally wouldn't go out to vote because they wanted to make sure he won."

donald trump Donald Trump. Drew Angerer/Getty Images

Florida

Delegate-rich Florida, the third-largest prize on the map and the biggest treasure trove of all the battlegrounds, saw a massive increase in voter turnout for the 2016 election in comparison with 2012.

Hurting Clinton was the vote in six west-central Florida counties. Pasco, Hernando, Citrus, Sumter, Pinellas, and Levy counties cast 38,685 more votes for Romney in 2012. In 2016, those counties cast 158,945 more votes for Trump — a difference of 120,260.

Clinton lost the state by 119,770 votes.

Of those six counties, none saw a greater flip than Pinellas, where Clinton's and Obama's margins were separated by more than 31,000 votes.

DiCeglie said that, when the effort for 2016 first started in January of the previous year, the GOP was down by roughly 6,000 voter registrations in comparison to the Democrats. By this past spring, Republicans had surpassed Democrats in registrations within the county for the first time in a decade.

"This was during a time when this Trump movement was in its infancy in the latter part of 2015," he said. "So while we were knocking on doors of people who weren't registered that were NRA members, we had data showing that these people were likely to lean Republican or ultimately register Republican."

"As we were knocking on doors of people that are hearing this Trump message, that are preparing to be involved in this Trump movement," DiCeglie continued. "I mean, talk about being in the right place at the right time, quite frankly."

The growing, and enthusiastic, support for Trump helped DiCeglie's county party register many "immediately" after contact.

Clinton's operation didn't pick up steam locally, in terms of registration on the ground, until after the convention in July.

Local polling found Trump and Clinton to be in a dead heat, even as he was trailing by huge numbers in national polls, DiCeglie said.

"Going into this thing we had a feeling it was real, and usually if it's real here in Pinellas County, it's real across the country," he said. "I would say within the last 10 days, started to, even though it was a roller-coaster, it really felt like this was going to happen."

The devoted spider dads who fix up nurseries for their babies

Male Manogea porracea with egg sacs
Single dad

Marcelo O. Gonzaga

By Brian Owens

Species: Manogea porracea
Habitat: lower branches and leaf litter of Eucalyptus species in neotropics from Panama to Argentina

Most male spiders bail out after mating – if they make it through the process alive, that is, as females of many spider species cannibalise their mates.

But not this spider. Male Manogea porracea in South America not only help with childcare, they often end up as single dads.

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The male of the species builds a dome-shaped web above the female’s and sets about helping to maintain a “nursery” web. This is built between the two domes and holds the egg sacs (see photo, below).

The males also defend the eggs from would-be predators and even remove water from the surface of egg sacs on rainy days.

Lone parenthood

But their presence really pays off if the female disappears.

By the end of the mating season, 68 per cent of egg sacs are taken care of by males alone, says Rafael Rios Moura, an ecologist at the Federal University of Uberlândia in Brazil, whose team studied the spiders in the wild.

Single dads improve the odds of offspring surviving compared with those who lose both their parents. Once the female is gone, the male moves closer to the egg sacs by moving to the female’s web (see photo, top). Moura found that significantly more hatchlings emerge from egg sacs taken care of by the males than those that had no parents around.

When Moura set up experiments with predators, more hatchlings survived when the male was present, then when not, probably because they move aggressively towards intruders, fending off attacks.

Manogea porracea mating set up
Happy family

Marcelo O. Gonzaga

Four other spider species have been seen invading the M. porracea webs and attacking the egg sacs.

The sheer volume of predators that M. Porracea have to deal with is likely what’s driving the males to help defend their eggs, says Linda Rayor, an entomologist at Cornell University in Ithaca, New York. “The male risks losing his entire investment if he doesn’t defend the eggs.”

Moura isn’t sure why the females often disappear. The males might naturally have longer lifespans, or the females might be preferentially targeted by predators. “Some predators might prefer prey with more lipids, which the larger females have, and that could affect survival,” he says.

Either way, the fact that males often outlive females has probably contributed to its evolving to take on paternal duties – the first such known case in solitary species. The only other male spiders known to defend youngsters from predators are a social species from Africa, Stegodyphus dumicola.

Paternity test

“This was my first time studying spiders, and we found this amazing system,” says Moura.

Most male spiders don’t provide parental care because they don’t live as long as females, or they can’t be sure that they are really the father, and are evolutionarily better off looking for other females to mate with.

M. porracea males, though, are unique in both respects. Building a web above that of the female means they can be fairly confident in their paternity. And as they tend to live longer than the females, there are fewer females around for them to mate with.

Journal reference: Animal Behaviour, DOI: 10.1016/j.anbehav.2016.09.018