Growth forecasts for the Philippine economy have been hiked by two institutions after the strong performance registered in the first quarter. Nomura, in a report released Friday, expects the gross domestic product (GDP) — the broadest measure of the economy — to grow by 7.3% this year and 6.2% in 2014. Its earlier estimates were …
The UK Telegraph has an article by Ambrose Evans Pritchard which collects doubts that China economy as measured by nominal GDP and even PPP GDP will surpass the United States this century. All of the statements are just collections of maybe China’s economy will have big problems. * Maybe China has a debt that is …
China’s national planners enthusiastically back boosting natural gas production, which accounts for just 4 percent of the country’s total energy mix now. The government wants to double that share by 2015. This would make natural gas a larger contributor than hydroelectric in China and put it third behind coal and oil. The displacing 4% of …
In December 2012, Nextbigfuture proposed bringing world extreme poverty below 3% by 2025. Yesterday (April 2, 2013) World Bank Group President Jim Yong Kim outlined a bold agenda for the global community toward ending extreme poverty by 2030 and promoting shared prosperity to boost the incomes of the poorest 40 percent of the population in …
These are a couple of off topic stories of wealth. 1. H.L. Hunt was a billionaire Texas oil tycoon who was the inspiration for the character of JR Ewing on the TV show Dallas. Two of his 14 children were William Herbert and Nelson Hunt. They were the billionaire Hunt brothers who tried to corner …
The number of potentially habitable planets is greater than previously thought, according to a new analysis by a Penn State researcher, and some of those planets are likely lurking around nearby stars. “We now estimate that if we were to look at 10 of the nearest small stars we would find about four potentially habitable …
A recent breakthrough by scientists from NUS and University College Cork may mean the arrival of highly energy-efficient smart phones and tablets that can last up to 10 times their usual life. The team succeeded in designing the devices with a tenfold jump in switching efficiency by altering just one carbon atom of the active …
One of the greatest challenges of the past half century for aerodynamics engineers has been how to increase the top speeds of aircraft that take off and land vertically without compromising the aircraft’s lift to power in hover or its efficiency during long-range flight. The versatility of helicopters and other vertical take-off and landing (VTOL) …
Branding is the use of a name, term, symbol or design to give a product a unique identity in the marketplace. It seems that Samsung and Google are using there most recent products as products that embody an effort to shift/entrench their brand in smartphone/tablet and laptop categories. Samsung announced the launch of the 8 …
A meteorite streaked across the sky and exploded over central Russia on Friday, raining fireballs over a vast area and causing a shock wave that smashed windows, damaged buildings and injured 1,200 people. This is a reminder of the need for an Asteroid shield like that proposed by the Lifeboat foundation and other groups. People …
60 Minutes looked at the jobless recovery and the replacement of workers with automation and robotics. * automated warehouses (Nextbigfuture looked at distribution warehouse automation ) Swisslog builds modularized conveyors, stacker cranes, row rovers (called carriers) and autonomous tugs as well as their new AutoStore robots. Swisslog can handle open-case light goods and pallet/case systems. …