world Archive

energyOil prices go and stay above $80 per barrel for a while

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IEA (International Energy Agency) and Saudi Arabia oil prices will go and stay above $80 per barrel as output from Venezuela and Iran drops. Saudi Arabia lifted output by 70,000 barrels a day to 10.42 million last month. This is …

chinaUS Tariffs will hit China’s GDP but China is stimulating its economy

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UBS analyst expects the tariffs on $200 billion of Chinese exports to take 0.5 to 0.7% off of China’s GDP growth. China will use easing and infrastructure projects to add back 0.3 to 0.5% of GDP growth. Eugene Qian, chairman …

asiaBy 2030 major global public health improvements will need anti-aging breakthroughs

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By 2030, two-thirds of the world’s population will be global middle class or wealthier (5.6 billion out of 8.5 billion). Asia will be over 75% global middle class or rich in 2030. By 2050, the world will be 80% global …

blockchainAnonymous TAU Coin Founder “iMorpheus” Reveals Identity

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iMorpheus, the anonymous cryptographer and the founder of TAU Coin and their new Proof of Transaction (PoT) technology reveals his identity. PoT, the technology invented by iMorpheus, is a brand-new consensus mechanism where users collectively maintain the network security through …

energyUS production more than Venezuela in three different areas

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Venezeula is producing about 1.24 million barrels of oil per day in August. This is half of the oil production that Venezuela had in 2016. The US has two states and the Gulf of Mexico that is producing more oil …

energyUnited States is now the largest global crude oil producer

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The United States passed Russia and Saudi Arabia to become the world’s largest crude oil producer earlier this year, based on preliminary estimates in EIA’s (Energy Information Administration). EIA expects that U.S. crude oil production will continue to exceed Russian …

citiesWorld wealth, people and cities in 2050-2060

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How will the world be different in the 2050-2060 timeframe in terms of wealth and people? The wealth will double over the next forty years. This will be like the average moving from Romania to Czech Republic. Asia will get …

futureTen year $1.275 billion US National Quantum Initiative proposed to get more quantum engineers

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There is a proposed $1.275 billion National Quantum Initiative to accelerating research and training in quantum computing. The funding would be provided over ten years. Several centers of excellence for quantum computing would help train many quantum engineers. Chris Monroe, …

climate changeNuclear power and geoengineering are needed for climate solution

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The UN has said the world needs to cut as much as 70% of greenhouse-gas emissions by mid-century to have any chance of avoiding 2 ˚C of warming. More than half of the carbon dioxide emissions currently in the atmosphere …

amazonRichest man in the world has launched a $2 billion fund to help the homeless

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Amazon CEO Jeff Bezos, richest man in the world, and his wife have launched a $2 billion fund to help the homeless. They will create a network of nonprofit preschools in low-income communities. Jeff Bezos ($164 billion) has a higher …