Economics Archive

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 …

chinaFull scale models have been made of the fifth generation Russian PAK DA long range stealth bomber

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The first full-size model of Russia’s future long-range bomber PAK DA, being developed for the Aerospace Force, has been created by the Tupolev company, a source in Russia’s defense-industrial complex told TASS. “Several scale mock-ups of the PAK DA bomber …

chinaSelf Assembled particles enable more efficient, stable and durable perovskite-based LEDs

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Princeton engineering researchers have illuminated another path forward for LED technologies by refining the manufacturing of light sources made with crystalline substances known as perovskites, a more efficient and potentially lower-cost alternative to materials used in LEDs found on store …

chinaElon Musk next big rocket will be called the Interplanetary Transport System as he eyes solar system colonization

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On Sept. 27, during a session at the International Astronautical Congress, Elon Musk will provide details about his Mars mission and colonization plans for the first time in a public forum. However, he tweeted the name of his new megaspaceship …

EconomicsMicron sized onchip quantum dot lasers will enable faster communication and computing

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Researchers designed subwavelength micro-disk lasers (MDLs) as small as 1μm in diameter on exact (001) silicon, using colloidal lithography (dispersing silica colloidal beads as hard masks before etching the prepared QD material layers). Micron sized lasers are 1,000 times shorter …

EconomicsElon Musk and Tesla will reveal this week a plan for the future of Tesla motors which will shape the future of cars

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Elon Musk will release a second ten year plan for Tesla Motors. The first ten year plan will be done with the release of the more affordable Telsa 3. Working on Top Secret Tesla Masterplan, Part 2. Hoping to publish …

dwaveUS Air Force developing capability to launch tens of thousands of drones as jammers, decoys, cameras and “kamikazes”

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The US Air Force is developing the capability to overwhelm the integrated air defence systems of Iran, North Korea, Russia or China with tens of thousands of small and relatively cheap small unmanned aircraft acting as jammers, decoys, cameras and …