economic impact

businessDOW is up 400 Point With Talk of a Mini-Trade Deal With China

Reports indicate that the US and China could agree to a partial trade agreement. It is expected to cover currency and agriculture purchases and a delay in the tariff hike scheduled for next week. Trump and Chinese Vice Premier Liu …

businessPG&E Forces Customers to Suffer Billions in Costs Because PGE Failed to Make Their System Safe

PG&E is choosing to create what could be among the worst power outages in US history. This is not an outage where the weather directly caused the outage. It was not a hurricane that broke power lines. The winds had …

chinaHopeless Inequality is the Real Issue in Hong Kong and the World

Xi Jinping is going completely to the Chairman Mao playbook. However, China is misunderstanding the Hong Kong issues. The police in Hong Kong and soon the Chinese Army are over-reacting. This article will review the over-reaction and how it goes …

economic impactTrade War is Turning US Trade Profile Back to 1980s Levels and Causing a GDP Hit

Wharton professors have projected that even if the recently imposed tariffs are removed, GDP will be permanently smaller relative to having had no trade war. Extending the current trade war by several more years will lead to smaller losses in …

chinaChina GDP Growth Drops to 6.3%

China is reporting a GDP growth rate of 6.3% and unemployment of about 5.1%. The agricultural production situation is relatively good, and the summer grain has achieved a bumper harvest. The total output of summer grain this year has increased …

economic impactSeven Years of India GDP Growth Was Overstated at 7% Per Year Instead of 4.5%

Official Indian estimates placed annual average GDP growth between 2011-12 and 2016-17 at about 7 percent but new research estimates that actual growth may have been about 4.5 percent with a 95 percent confidence interval of 3.5 – 5.5 percent. …

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.

businessUS-China Trade Negotiators Target Late May or Early June Signing

The Wall Street Journal reports that US-China negotiators are targeting a late May or Early June signing date for trade deal. Brian Wang Brian Wang is a prolific business-oriented writer of emerging and disruptive technologies. He is known for insightful articles …

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 …