economic impact

chinaChina Globalizing Currency But Ten Years From Passing British Pound for Third

Russia and China agreed to develop bilateral trade using the Russian ruble and the Chinese yuan. China-Russia bilateral trade was US$24.2 billion in the first quarter of 2019, according to Chinese customs. This was up 30 percent over the first …

economic impactMomentus Water-Plasma Space Transportation Service #SpaceAccess2019

Momentus Space's Water-Plasma Propelled In-Space Transportation Services. Vigoride Extended will be able to take 200 kilogram from low-earth orbit to lunar orbit. It could take 300 kilograms from low-earth orbit to GEO. The cost would be $100,000/kg.

chinaChina and Malaysia Agree on Cheaper and Shorter Rail Plan

Malaysia Rail Link Sdn Bhd (MRL) and China Communications Construction Co Ltd (CCCC), the East Coast Rail Link (ECRL) will now be 40 kilometers shorter for a total of 648 kilometers and pass through Jelebu, Negeri Sembilan instead of Gombak …

economic impactFuture is US Oil and Gas and Using Oil for Plastics

By 2025, Texas oil production will double and US and gas production will increase by around 50%. Enterprise Partners forecasts that Texas will surpass 10 million barrels per day of crude oil production by 2025 from the Permian and Eagle …

businessEconomic Impact of Self-driving Trucks

Trucks are the backbone of the supply-chain delivery system. 70% of goods are delivered by truck. The U.S. trucking industry generated $700.3 billion in economic activity in 2017. Self-driving trucks will revolutionize logistics. It can bring down the cost by …

chinaHSBC See Tax Cuts Giving China Sustainable Recovery

HSBC sees China's GDP growth hitting 6.7 percent by the fourth quarter and sees a sustainable recovery. a US-China Trade deal overcomes a key hurdle with an agreement to create enforcement offices.

air forceAir Force Bases Need $4.9 Billion for Hurricane Repairs

The US Air Force requires $1.2 billion in FY2019 and $3.7 billion in FY2020/FY2021 of supplemental funding to rebuild Tyndall Air Force Base and recover Offutt Tyndall Air Force Base. Without supplemental funding, the US Air Force would have to …

economic impactDOE Funds 2022 First Demo for Factory Mass Producible Nuclear Power

The late 2020’s could see the start of a new age of factory mass produced nuclear power. The DOE is putting most of its first of its kind funding ($13 million out of $19 million) for advanced nuclear power research …