Foreign Affairs Magazine – The Broken BRICS by Ruchir Sharma. Ruchir is head of Emerging Markets and Global Macro at Morgan Stanley Investment Management and the author of Breakout Nations: In Pursuit of the Next Economic Miracles. I think that Ruchir is overly pessimistic about China. I do agree that many other nations have to …
.By the end of the decade, China is expected to leap to the number two position (in power generation), before overtaking the United States in the 2020s, producing 100 gigawatts of power,” said Rio Tinto Energy general manager (markets and Industry analysis) Stephen Wilson.“Their (China) vision is to produce 400 gigawatts of nuclear power by …
Jim O’Neill (Goldman Sachs coiner of the BRIC term) argues that fears of a China hard landing are misplaced and that the Chinese economy is more likely to see a “softer” landing. While it now looks as though Q2 real GDP growth will be weaker than Q1’s “disappointing” 8.1 pct, our proprietary leading indicators have …
US Crude oil production has increased 90,000 barrels per day from the previous week and is up 395,000 bpd from the beginning of 2012. US Crude oil production was at 6.239 million barrels per day. US Oil Liquid Production was 10.79 million barrels per day. US Crude oil production is up nearly 10% from the …
KurzweilAI – Nvidia is flexing its graphics muscle at the 2012 GPU Technology Conference, and the videos below show off Kepler’s new visual tricks:real-time ray tracing, simulation of physical bodies, and cloud gaming powered by its new GeForce Grid system. The Titan supercomputer will go live this fall at Oak Ridge National Laboratory (ORNL), it …
Arxiv – Graphene can collect energy from the ambient heat and convert it to electricity, which makes it an ideal candidate for the fabrication of self-powered devices. However, this technology is suffering the high cost, which limits the practical use of it. In this work, we demonstrated that the cost can be reduced by using …
Singularity Hub – Regenokine therapy, which involves spinning out and heating part of the blood then reinjecting it, remains both unproven by the FDA and popular among the rich and hopeful. Regenokine is used to relieve lower back pain and the pain caused by osteoarthritis. The Regenokine treatment involves extracting the blood and then slightly …
Popular Mechanics interviewed James Cameron about his deep sea quests and his technological innovations Cameron pioneered the use of syntactic foam as a structural material. What are the benefits of making the sub’s structure double as the flotation system? Syntactic foam is an epoxy matrix containing glass microspheres that are hollow. It’s been the standard …
The Carnival of Nuclear energy 89 is up at Idaho Samizdat ANS Nuclear Cafe – The U.S. Department of Defense (DOD) is working with the U.S. Department of Energy to develop a long-term strategy to embrace and implement these directives for military installations that includes small modular reactors (SMRs) in the mix of clean energy …
1. US Energy Information Administration analysis indicates that a $20 increase in the cost of a barrel of oil — roughly what we saw last year — is estimated to shave roughly 0.4 points off GDP growth in the first year alone and boost unemployment by 0.1 percentage points. 2. NY Times – The United …
the Australian – An Iranian nuclear facility has been hit by a huge explosion, the second such blast in a month, prompting speculation that Tehran’s military and atomic sites are under attack. Satellite imagery seen by The Times of London confirmed that a blast that rocked the city of Isfahan on Monday struck the uranium …