Author: Patrick Hillary

$446 Billion: The solution to China’s real estate panic
22. 11. 2023 No Responses

$446 Billion: The solution to China’s real estate panic

Beijing announced the two-pronged approach over the past few weeks, which have top-level political backing for financing equivalent to approximately 10% of annual new home sales in what media described as the “Singapore” model. The plan is more of a longer-term...
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Iran unveils Fattah-2 hypersonic missile and Mehran air defense system
19. 11. 2023 No Responses

Iran unveils Fattah-2 hypersonic missile and Mehran air defense system

Iran’s IRGC has unveiled the homegrown Fattah-2 hypersonic missile as well as other new military achievements. Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei toured an exhibition showcasing the latest achievements of the IRGC Aerospace Force ...
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WeWork’s collapse: A story of unchecked ambition and KCS corporate governance
7. 11. 2023 No Responses

WeWork’s collapse: A story of unchecked ambition and KCS corporate governance

January 2019 marked a high point for WeWork. Still a startup, the New York-based firm had secured funding of $10 billion from the Softbank Group and had attained an after-funding valuation of $47 billion. At the time, this made it...
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China-based chipmaking tool suppliers experience strong growth
30. 10. 2023 No Responses

China-based chipmaking tool suppliers experience strong growth

Amid the US export curbs that aim to slow down the Chinese development in semiconductors, the China-based semiconductor equipment industry saw a diverging performance, with the largest suppliers, such as Naura Technology, benefiting from an indigenization effo...
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Serbian PM: EU paying extra to hide purchases of Russian oil
13. 10. 2023 No Responses

Serbian PM: EU paying extra to hide purchases of Russian oil

The bloc is buying Moscow’s crude via intermediaries at double the price, Serbian Prime Minister Radovan Viskovic told RT. Oil from Russia is still entering the EU market despite Western sanctions, but it now flows through intermediaries at a much...
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Iran to put satellite constellation into orbit in 2 years
10. 10. 2023 No Responses

Iran to put satellite constellation into orbit in 2 years

Iran’s first satellite system project named after top anti-terror commander Lieutenant General Qassem Soleimani will be put into orbit within the next two years, according to the head of the Iranian Space Agency (ISA). Hossein Salariyeh today that his agency...
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IEA: Global Oil Demand Will Peak Before 2030
12. 9. 2023 No Responses

IEA: Global Oil Demand Will Peak Before 2030

Demand for oil, natural gas, and coal is nearing its peak, the head of the International Energy Agency said in an op-ed for the Financial Times, citing IEA research. Noting that demand for oil and gas has been growing despite forecasts of...
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Pfizer Own Documents Show COVID-19 Vaccines Contain Potentially Harmful ‘Modified’ RNA, Not mRNA
26. 8. 2023 No Responses

Pfizer Own Documents Show COVID-19 Vaccines Contain Potentially Harmful ‘Modified’ RNA, Not mRNA

According to Pfizer and BioNTech’s COVID-19 vaccine label in the FDA’s Fact Sheet for Healthcare Providers, each Pfizer vaccine dose for children ages 5 through 11 contains 10 micrograms (mcg) of modRNA, while fully-approved Comirnaty authorized for use in...
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OPEC’s oil production fell to 27.31 million BPD
10. 8. 2023 No Responses

OPEC’s oil production fell to 27.31 million BPD

OPEC’s oil production fell to 27.31 million barrels per day in July, an 836,000 bpd decline from a month earlier. The decline was largely a result of Saudi Arabia delivering on its 1 million barrels per day production cut. Libya...
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Wells Fargo customers report missing deposits
4. 8. 2023 No Responses

Wells Fargo customers report missing deposits

Deposits disappear from Wells Fargo accounts. For the second time this year, Wells Fargo acknowledged that deposits were not showing up in customers’ accounts. In an emailed statement Friday morning, a Wells Fargo representative said the issue was affect...
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Ford set to loses $4.5 billion on EVs
29. 7. 2023 No Responses

Ford set to loses $4.5 billion on EVs

Ford Motor Company announced it is projected to lose a staggering $4.5 billion from electric vehicles (EVs) this year, up from the previous projected loss of $3 billion. The company released its second-quarter financial results. The U.S.-based automaker&#821...
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Tesla’s supercharger deals with GM, Ford
10. 6. 2023 No Responses

Tesla’s supercharger deals with GM, Ford

Tesla’s supercharger deals with GM, Ford are ‘the cheapest forms of advertising’. Starting next year, owners of electric vehicles made by General Motors and Ford will be able to charge their EVs at many of Tesla’s charging stations, the...
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New Type Of Solar Cell Creates Hydrogen, Oxygen And Heat
7. 6. 2023 No Responses

New Type Of Solar Cell Creates Hydrogen, Oxygen And Heat

Ecole Polytechnique Fédérale de Lausanne (EPFL) researchers have built a pilot-scale solar reactor that produces usable heat and oxygen, in addition to generating hydrogen with unprecedented efficiency for its size. Hydrogen production from water using solar...
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A Toroidal Model of the Proton and Electron
4. 6. 2023 No Responses

A Toroidal Model of the Proton and Electron

Recently a new paper was published by Giorgio Vassallo and Andras Kovacs titled “The Proton and Occam’s Razor” in which the authors present a new model of the proton. They propose the proton as in terms of geometric and electromagnetic...
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New Global Currency Unveiled: The Universal Monetary Unit
16. 4. 2023 No Responses

New Global Currency Unveiled: The Universal Monetary Unit

New digital asset the Universal Monetary Unit, also known as Unicoin, is an international central bank digital currency that has been designed to work in conjunction with all existing national currencies. The IMF did not create this new currency, but...
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