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September 18, 2018 |
brian wang |
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 …
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September 18, 2018 |
brian wang |
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 …
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September 17, 2018 |
brian wang |
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 …
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September 17, 2018 |
brian wang |
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 …
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September 17, 2018 |
brian wang |
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 …
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September 14, 2018 |
brian wang |
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, …
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September 13, 2018 |
brian wang |
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 …
