Economics Archive

climate changeIndia’s emissions and purchasing power GDP

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British Petroleum publishes an annual energy and economics report for all countries. The 2018 BP Statistical Review of World Energy, indicated the world reached a new peak in CO2 emissions. Asia Pacific is now responsible for nearly 50% of global …

citiesChina’s Casino City Macau will have highest per capita GDP in 2020

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The IMF’s World Economic Outlook Update predicts Macau will behave the world’s highest per capita GDP of US$143,116 in 2020. Qatar will be second with US$139,151. Qatar has a population of 2.5 million. Macau has a population of 650,000. Macau …

EconomicsMass effective adoption of the right technologies is the key to growth

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Yukon Huang points out that China had far faster growth without innovation. China had less patents and fewer innovative services. Patents and research are nice things and they can be good. China got a lot of its technology through theft. …

armyChina creating second largest marine corps to secure Belt and Road Interests

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China plans to increase the size of its marine corps from about 20,000 to 100,000 personnel to protect the nation’s maritime lifelines and its growing interests overseas. China is shifting brigades from the army to the Marines and Navy to …

EconomicsTurbo inductor cogeneration with MSR nuclear can economically replace oil

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Bucknell has led advanced engineering teams at Chrysler and General Motors for three production high performance engine families. Was Senior Propulsion Engineer for the Raptor full-flow staged combustion methalox rocket at Space Exploration Technologies then Senior Propulsion Scientist for Divergent3D …

blockchainObelisk explains the state of ASICs and crypto mining

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The startup Obelisk wants to create more secure, more future-proof networks for cryptocurrencies like Decred and Siacoin. Obelisk is a wholly-owned subsidiary of Nebulous, Inc. Nebulous, Inc. is the creator of Sia and employs the Sia Core team. Obelisk started …

chinaUSA and China have initial trade agreement where China will buy more from USA

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China and the United States have reached an initial agreement on trade. Both parties said in a joint statement on Saturday that China has agreed to “significantly increase” purchases of US goods and services, in order to reduce the trade …

EconomicsAmazon’s Whole Foods acquisition is part of a bigger move to dominate all logistics

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Amazon (NASDAQ:AMZN) and Whole Foods Market, Inc. (NASDAQ:WFM) today announced that they have entered into a definitive merger agreement under which Amazon will acquire Whole Foods Market for $42 per share in an all-cash transaction valued at approximately $13.7 billion, …

agingAbout 20% of over 65 are working in the US and UK

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More older Americans – those ages 65 and older – are working than at any time since the turn of the century, and today’s older workers are spending more time on the job than did their peers in previous years. …

appleOn Average China is close to the EU level of value added innovation including superthin 0.01 millimeter thick displays

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The common perception that China is incapable of innovation needs re-examining. According to a widely quoted study published earlier this decade, the value added on the mainland to Apple’s iPods (nearly all of which are assembled there) represents less than …