Why education, healthcare and some other things cost ten times more than they used to and ten times more than elsewhere

There are many examples where costs have gone up well over ten times in education, healthcare and other areas but have not had the proportional improvement. Some importnant things cost 10 times as much, 10 times more than they used to and 10 times more than in other countries Inflation-adjusted cost of a US university …

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

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 have been made of composite materials. Also, there is a full-size mock-up made of wood. …

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Fitch forecasts mostly slower housing price growth but overall markets still stable

Fitch Ratings says in its latest Global Housing and Mortgage report that while the rate of home price increases is likely to slow in 2017, continuing government macro-prudential efforts to dampen unsustainably rapid price rises, such as mortgage lending restrictions, are being overpowered by a fundamental excess demand for home purchases. “Home purchases in many …

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Accuracy of optical radar increased

An international consortium is working to implement a new approach to increase the accuracy of optical radar’s function. An optical radar is a device for estimating the distance, comprised of emitter sending an optical signal (for example laser beam), a receiver catching the signal reflected by various objects around the radar, and a data processing …

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General directional control of stratospheric balloons and creating a network of stratospheric balloon satellites

The Global Aerospace StratoSail® balloon guidance system (BGS) is designed to alter the flight path of balloons. The StratoSail® BGS takes advantage of the natural difference in wind speed at different altitudes in the atmosphere. A wing is suspended several kilometers below the balloon gondola using a long thin tether. The wing is hanging on …

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Synthetic Biology competition team creates light bulb from e-coli

Newcastle University students have attempted to create a novel field of synthetic biology by fusing biology with electronics. Their project involved looking at electronic circuitry and combining biology and electronics to create alternative parts resulting in an electro-biological system. They used the HtpG heat shock promoter to make a biological, heat-induced light bulb, modifying the …

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Terrestrial Energy applying for $800M to $1.2B US loan guarantee to make a breakthrough first commercial molten salt nuclear reactor

Terrestrial Energy USA has been invited by the US Department of Energy (DOE) to submit the second part of its application for a US federal loan guarantee to support the licensing and construction of its Integrated Molten Salt Reactor (IMSR). The company is applying for a loan guarantee of between $800 million to $1.2 billion …

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Designing Ultrasound Tools with Lego-Like Proteins

Ultrasound imaging is used around the world to help visualize developing babies and diagnose disease. Sound waves bounce off the tissues, revealing their different densities and shapes. The next step in ultrasound technology is to image not just anatomy, but specific cells and molecules deeper in the body, such as those associated with tumors or …

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World oil demand and supply could hit 100 million barrels per day by 2018 or 2019

The International Energy Association has a mid-term world oil forecast By 2021 non-OECD Asia will be importing 16.8 million barrels per day of crude oil and products, a rise of 2.8 million barrels per day compared to 2015. The People’s Republic of China (hereafter ‘China’), remains central to this growth, partly because of the underlying …

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India will take longer than ten years to have a China sized impact on many commodities

Australian Minister for Resources, Energy and Northern Australia has said the urbanisation of India and its swelling middle class will step in to fill the breach as China’s economic growth slows. India’s economy is 5 to 6 times smaller than China’s but for commodities India could start to step up some for certain commodities over …

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3D printing and advanced computer modeling was used to develop China Y-20 military transport aircraft

The Xian Y-20 is China’s new large military transport aircraft. The Y-20 is the first cargo aircraft to use 3-D printing technology to speed up its development and to lower its manufacturing cost. Model-based definition (MBD) is also used, and it’s the 3rd aircraft to utilize MBD technology in the world, after Boeing 787 (2005) …

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