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Category: economics – Page 76

The $93-billion plan to put astronauts back on the Moon

Returning to the Moon will represent a vital step for the preservation of our collective future. Though space colonization may indeed prove more challenging than was initially anticipated, the rise of commercial spaceflight and the cooperation of industry and government (as described in this article) may open new doors. It is my hope that economic and policy innovations will further incentivize space colonization and pave the way towards a future where everything we are and everything we will be can continue to prosper into distant tomorrows. As a synthetic biologist, I hope to contribute towards ensuring that humans can thrive in space and on other worlds. I am extremely excited about these contemporary Moon missions!

#space #spacecolonization #spacetravel #nasa #spaceindustry #future #tech #inspiration

The world’s most powerful rocket will make a trip around the Moon in 2022 — a step towards landing people there in 2025, and part of the US Artemis programme.

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

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.

The list, which is in accordance with Category 3 to Category 9 of the Wassenaar Arrangement, covers not only modern chips but also technology that could make or reverse engineer them, including lithography equipment, scanners, and scanning electron microscopes.

Visualizing U.S. Exports

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.

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

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.

Twitter shareholders have filed a lawsuit accusing Elon Musk of engaging in “unlawful conduct” aimed at sowing doubt about his bid to buy the social media company.

The lawsuit filed late Wednesday in the U.S. District Court for the Northern District of California claims the billionaire Tesla chief executive has sought to drive down Twitter’s stock price because he wants to walk away from the deal or negotiate a substantially lower purchase price.

San Francisco-based Twitter is also named as a defendant in the lawsuit, which seeks class-action status as well as compensation for damages.

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

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.

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

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.