Japan, Britain and Italy on December 14 announced plans to cooperate in developing next-generation fighters in an effort to reflect the need to jointly deal with growing geopolitical threats. The three countries will jointly develop and produce a common airframe….
Polaritons open up a new possibilities in the semiconductor tech
At the nanoscale of today’s most cutting-edge semiconductors, a phonons don’t remove enough heat. That’s why Purdue University researchers are focused on opening a new nanoscale lane on the heat transfer highway by using hybrid quasiparticles called “polaritons.” Thomas Beechem…
BoE Holds Rates At 15 Year High, Warns “Still Some Way To Go”
But rate-cut expectations are rising nevertheless. The Bank of England – as was expected – held interest rates steady at 5.25% (in a 6-3 vote – also expected, with Greene, Haskell, and Mann all pushing for another 25bps hike). With rates at…
CATL developed an EV chassis with a 1,000 km range
CATL announced that its EV CIIC skateboard platform completed testing in China and achieved a 1,000 km range, consumption of 10.5 kWh/100km, and managed to charge 300 km in 5 minutes. The car it was sitting on was B class…
Borrell: Destruction In Gaza May Be Worse Than Germany in WWII
European Union foreign policy chief Josep Borrell issued a surprising comparison, saying that the immense destruction in Gaza might be “even greater” than the damage to German cities during World War II. Calling the ongoing Israeli aerial bombardment which has…
Furious Hypocrite Al Gore Blasts COP28 “On Verge Of Complete Failure”
Former U.S. Vice President and top hypocrite Al Gore, who loves to fly a bizjet and who refused to come to the conference on a bicycle, said that “COP28 is now on the verge of complete failure.” “The world desperately needs…
Russia to launch year-round LNG shipments via Arctic route
Moscow plans to start year-round LNG deliveries to Asia via Russia’s Arctic waterways, Sergey Zybko, head of the Northern Sea Route (NSR) operator, announced this week. Speaking during the “Arctic: present and future” forum, Zybko said the launch of the…
India: 135 million Indians lifted out of poverty
The country is maintaining “momentum” as the world’s fastest-growing major economy. India has lifted 135 million people out of poverty in the past five years and remains the world’s “fastest-growing” major economy, Finance Minister Nirmala Sitharaman told the country’s parliament on Thursday….
JPMorgan: Americans running out of savings
Marko Kolanovic from JPMorgan warned: “It is likely that only the top 1% of consumers by income will be better off than before the pandemic,” he warned, noting the recent surge of credit card and auto loan delinquencies and a…
Pickup Trucks Lead US Auto Sales
Celebrating its 75th anniversary this year, the Ford F-Series is no less than an American icon. Ford’s immensely popular line of pickup trucks has been the best-selling truck for 46 consecutive years and the country’s best-selling vehicle for the last 41 years. And…
Russia’s economy growing 3 times faster than Eurozone’s
French investment firm Amundi: Russia’s economy is growing three times faster than that of the Eurozone, indicating an apparent failure of Western sanctions against Moscow over the war in Ukraine. According to the French investment firm Amundi, cited by British…
$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…
Texas Attorney General Ken Paxton Sues Pfizer and Tris for Providing Adulterated Pharmaceutical Drugs to Children
The Office of the Attorney General’s Civil Medicaid Fraud Division has sued Pfizer, Inc., Tris Pharma, Inc. and Tris CEO Ketan Mehta for defrauding the Texas Medicaid program by providing adulterated pharmaceutical drugs to Texas children in violation of the…
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 at the Ashura…
Samuel Altman fired as CEO of ChatGPT maker OpenAI
Official version: Sam Altman, the Silicon Valley CEO behind the artificial intelligence-powered chatbots ChatGPT and GPT-4, has been abruptly fired by his company’s board of directors in a major shakeup for the tech industry. Microsoft-backed OpenAI said on Friday that…