India’s navy wants 100 technologies by 2031 including railguns, hypersonic weapons and lasers

The Indian Navy has finalized a plan to acquire 100 cutting-edge technologies in the next 15 years to build its war-fighting capabilities, but how realistic that will be is a million-dollar question. The 15-year prospective plan unveiled last month calls for acquiring a range of futuristic technologies. These include naval missiles and guns, propulsion and …

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Off topic – As I predicted 18 months ago Tiger Woods regains his #1 world golf ranking

I predicted back in October 2011 that Tiger Woods would his regain world number one golf ranking. In October, 2011 Tiger Woods had fallen to 51st in the world rankings and many golf and sports experts questioned if Tiger would win again on the tour. As I noted back then, it would only take about …

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Middle-income Trap – Which countries are in it and why ?

There is a working paper from the Levy Institute which provides a clear definition of the middle income trap and a systematic analysis. ABSTRACT -This paper provides a working definition of what the middle-income trap is. We start by defining four income groups of GDP per capita in 1990 PPP dollars: low-income below $2,000; lower-middle-income …

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