Global middle class numbers over 1 billion based on having between $8,500 and $47,000 in net financial assets

The Allianz Global wealth report split all households/individuals into global wealth classes in order to analyze how wealth is distributed at the global level. The division is based on the average global net per capita financial assets, which came in at EUR 23,330 in 2015. The middle wealth (MW) class encompasses all individuals with assets …

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Allianz global wealth report says the best years are over

Allianz unveiled the seventh edition of its “Global Wealth Report”, which puts the asset and debt situation of households in more than 50 countries under the microscope. Based on the findings of the report, it seems that the best years are a thing of the past: global financial assets climbed by 4.9 percent in 2015, …

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Ten percent have immune systems that ignore HIV and thus the immune system is saved and AIDS does not develop

Ten percent of children have a “monkey-like” immune system that stops them developing Aids, a study suggests. An untreated HIV infection will kill 60% of children within two and a half years, but the equivalent infection in monkeys is not fatal. The findings could lead to new immune-based therapies for HIV infection. The virus eventually …

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US Military Research Labs will take commercial technology for a constant game changing third offset innovation

The US Army, Navy and Air Force all have dedicated research labs The military research labs are currently pursuing what is called the third military offset strategy. First offset – nuclear weapons In the Cold War, the U.S. and its NATO allies sought a series of competitive advantages over the Soviet Union, a means by …

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Landing drones on a manned aircraft is the hard part of new motherships

General Atomics, which builds the iconic Predator, has rolled out its offering for DARPA’s Gremlins program, blandly called the Small Unmanned Air Vehicle (SUAS). The goal: Build drones — and equally critical, a launch and recovery system — that can take off from a manned aircraft, conduct a mission and come back aboard the plane. …

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AETP program should boost F-35 and B-21 bomber engines by 10-20% thrust and 25% fuel efficiency in mid-2020s

Lt. Gen. Chris Bogdan, who heads the F35 joint program office, said at last week’s Air Force Association conference that the “mid-2020s” is when the power plant on the joint strike fighter could be refreshed, whether through improvements to the Pratt & Whitney F135 design currently used or through a new engine design from another …

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IBM Neuromorphic chip hits DARPA milestone and has been used to implement deep learning

IBM delivered on the DARPA SyNAPSE project with a one million neuron brain-inspired processor. The chip consumes merely 70 milliwatts, and is capable of 46 billion synaptic operations per second, per watt–literally a synaptic supercomputer in your palm. Along the way—progressing through Phase 0, Phase 1, Phase 2, and Phase 3—we have journeyed from neuroscience …

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IBM has first cloud based platform for AI-Powered Decision-Making

– Tapping into cognitive capabilities, Project DataWorks automates the intelligent deployment of data products on the IBM Cloud using Machine Learning and Apache Spark – Provides one environment for collaboration among data professionals and business users of all types on the IBM Cloud – Ingests data faster than any current solution in market, from 50 …

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D-Wave Systems Previews 2000-Qubit Quantum System and Early tests show new features have up to 1000 times performance improvement over 1000 Qubit system

D-Wave Systems Inc., the world’s first quantum computing company, announced details of its most advanced quantum computing system, featuring a new 2000-qubit processor. The announcement is being made at the company’s inaugural users group conference in Santa Fe, New Mexico. The new processor doubles the number of qubits over the previous generation D-Wave 2X™ system, …

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China’s next stealth fighter the FC31 Gyrfalcon will continue to close the technology gap with the USA

China is working on a second prototype of its FC31 (aka J31) fighter. It is a smaller jet than the China’s J20. China should have 12 of the J20s built by 2017. The FC31 could begin deployment around 2022. The FC-31 Gyrfalcon is a twin-engine, mid-size fifth-generation jet fighter currently under development by Shenyang Aircraft …

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Broad Group USA targets their first USA pre-fabricated skyscraper by end of 2019

China’s Broad Group presented at the Offsite Construction Expo Sept. 21 to 22 in Washington, DC. The expo was an effort to draw more attention to permanent modular construction, the Modular Building Institute, National Institute of Building Sciences and other industry groups. Despite the promises of a higher quality product in a shorter timeframe and …

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