The European Central Bank cut all its main interest rates, expanded its bond-buying stimulus program and offered new cheap long-term loans to banks, making an unexpectedly aggressive move to boost inflation and economic growth in the 19 countries that share the euro. The bank’s steps on most counts exceeded expectations among analysts, suggesting that it …
A full-size unmanned prototype of the Terrafugia TF-X flying car is expected to be ready by 2018. The TF-X will have a cruising speed of 200 mph (322 km/h), along with a 500-mile (805 km) flight range. It will have fold-out wings with twin electric motors attached to each end. These motors allow the TF-X …
Oil prices have fallen from $105 a barrel in the summer of 2014 to hovering at $35 a barrel today. That’s a two-thirds reduction in the price and the biggest factor is shale oil brought to you by fracking. In many areas of the country gas is now less than $2 a gallon and it …
The Indian government is looking to build a 10,000km [6000 mile] -long high-speed rail network, called the diamond quadrilateral, which connects four major cities, but the project has been slow going due to the high costs involved. A top government panel looking after “innovative collaborations” is currently assessing a feasibility study conducted by the Japanese …
LPP Focus Fusion has their progress report for December 4, 2015 Preparations for the next set of experiments are accelerating. LPPFusion has received the newly coated vacuum chamber parts back from suppliers in Ohio and NJ. The parts have been coated with titanium nitride in order to minimize the oxygen in the chamber. On the …
James Bessen wrote Learning by doing. Bessen returns to Marx’s 19th-century weavers to prove that as humans work with new technologies over the long term, they improve them and boost their own fortunes in the process. So, yes, when the power loom was invented, in 1785, it shifted weaving from farms to factories, instantly increasing …
A new treatment that uses ‘molecular scissors’ to edit genes and create designer immune cells programmed to hunt out and kill drug resistant leukaemia has been used at Great Ormond Street Hospital (GOSH). The treatment, previously only tested in the laboratory, was used in one-year-old, Layla, who had relapsed acute lymphoblastic leukaemia (ALL). She is …
China’s high-speed railway network is expected to span 18,000 kilometers (12,000 miles) by the end of this year. China will add another 2,000 kilometers of high-speed railroad by the end of this year. This is part of the government’s plan to put more than 8,000 kilometers of extra lines in both regular and fast-speed railway …
Air Force Secretary Deborah Lee James has admitted to a wide range of past and present problems with the F-35 while maintaining that the fifth-general will eventually guarantee the U.S. continued air supremacy over rivals. * Report says F35 is visible to enemy sensors which is a big problem for a stealth fighter * This …
Part of a gene variant present in some wild African chimps is nearly identical to a section of an analogous gene version found in HIV-infected humans who are uncharacteristically slow to progress to full-blown AIDS. A gene variant in chimpanzees in a Tanzanian wildlife preserve probably protects them from rapidly succumbing to the primate equivalent …
United Launch Alliance Monday unveiled the name of its next rocket and it will be called Vulcan. The new rocket could launch as soon as 2019. It is ULA’s response to competition from SpaceX and political pressure to phase out use of the Russian RD-180 engine powering its workhorse Atlas V rocket. ULA CEO Tory …