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Archive for the ‘economics’ category: Page 60

Jun 2, 2022

Taiwan export ban limits Russia and Belarus to chips with frequencies under 25 MHz

Posted by in categories: business, computing, economics

While Taiwan still allows Russia and Belarus to purchase CPUs from businesses within the East Asian country, there are some big caveats: their clock frequencies cannot exceed 25 MHz, and performance is limited to under 5 GFLOPS.

DigiTimes reports that Taiwan’s Ministry of Economic Affairs (MOEA) published a list this week of strategic high-tech commodities banned from exportation to Russia and Belarus. The latter country is included as MOEA believes it could help Russia import such goods.

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Jun 2, 2022

About 200 years ago, the world started getting rich. Why?

Posted by in category: economics

Necessary knowledge if we are to continue our economic, political, and technological progression beyond our current resurgence of tribal, zero-sum thinking.


Two economic historians explain what made the Industrial Revolution, and modern life, possible.

May 27, 2022

Visualizing U.S. Exports

Posted by in category: economics

After China, the U.S. is the next largest exporter of goods in the world, shipping out $1.8 trillion worth of goods in 2021—an increase of 23% over the previous year.

Of course, that massive number doesn’t tell the whole story. The U.S. economy is multifaceted, with varying levels of trade activity taking place all across the nation.

Using the latest data on international trade from the U.S. Census Bureau and the U.S. Bureau of Economic Analysis, we’ve visualized the value of America’s goods exports by state.

May 27, 2022

Twitter shareholders sue Musk, claim he sought to drive down stock price

Posted by in categories: economics, Elon Musk, engineering, sustainability, transportation

All I can say is that I hope his self indulgence for his favorite ☆HOBBY☆ — Twitter itself — doesn’t sabotage the interplanetary future he’s defined and actually begun to to successfully realize, doing so against all odds in so many fields, cas diverse as science, engineering, economics, politics, and the recent history and the seeming decline in public enthusiasm, funding, and any sort of clear direction. He didn’t just subvert those roadblocks, he OBLITERATED them. SPECTACULARLY.

All that progress and innovation can and WILL be undone in seconds if he makes himself into an allie of a republican party that has abandoned truth, abandoned science, and abandoned every semblance of honor, loyalty, and reason.

A republican party that has abandoned Democracy ITSELF.

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May 25, 2022

The metaverse could be worth $13 trillion, host 5 billion users by 2030, says Citi

Posted by in category: economics

Citi says metaverse economy could be worth $13 trillion by 2030.

May 24, 2022

Cathie Wood Sees This Technology Accelerating GDP Growth To 50% Per Year

Posted by in categories: biotech/medical, economics, robotics/AI

Noted fund manager and Ark Invest founder Cathie Wood on Saturday suggested that Artificial General Intelligence (AGI) will likely give a strong lift to economic growth.

The fund manager is of the view that a breakthrough in AGI will lead to the acceleration of GDP within the next six to 12 years. The analyst estimates that GDP growth will increase from the 3–5% year-over-year rate currently to 30–50% per year. New DNA will win,’ she added.

May 24, 2022

Samsung to Spend $360 Billion on Chips, Biotech Over Five Years

Posted by in categories: biotech/medical, business, computing, economics

May 21, 2022

Renault’s first hydrogen-powered EV will drive 500 miles per charge

Posted by in categories: economics, sustainability, transportation

French car manufacturer Renault Group unveiled their novel Scénic Vision concept car that is powered by a battery that runs on hydrogen at the ChangeNOW summit.

The French carmaker will relaunch its popular Sc é nic model as an electric vehicle in 2024 and aims to add a hydrogen power source to it by 2030.

This new model is part of Renault’s sustainability strategy, and with the launch of the Renaulution strategic plan, Renault Group and its brands have embarked on a major transformation, moving from a race for volume to the creation of economic, environmental, and social value, with the aim of becoming carbon neutral in Europe by 2040 and worldwide by 2050.

May 21, 2022

Crypto exchange founder sentenced for turning platform into money laundering haven

Posted by in categories: cryptocurrencies, economics, habitats

A 36-year-old Florida man was sentenced by a Manhattan federal court to six months of home detention for knowingly allowing his cryptocurrency trading platform to act as a money laundering tool, the Department of Justice announced Friday.

May 18, 2022

Antarctic bacteria live on air and make their own water using hydrogen as fuel

Posted by in categories: economics, energy

A billion-year-old ‘hydrogen economy’ in the frozen soil of Antarctica provides bacteria with energy, water, and the carbon that makes up their bodies.

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