Lifeboat Foundation

This company’s entry in the US; market; along with other aluminum giants is said to have caused the shutdown of a large number of Aluminum manufacturers based in the US. It seemed that local US companies were unable to compete with state backed companies which were taking advantage of the free trade agreement.

However, the trade tariffs along with recent events have in turn caused this firm to become insolvent. It’s founder is now being detained by the US under fraud charges.

Continue reading “China: Corporate debt crisis spreads/Zhongwang: suspended in stock market & fraud conviction in U.S.” »

There’s no question about it: climate technology is in again.

Over the past several quarters, entrepreneurial activity and investment interest in climate tech have skyrocketed. New funds devoted specifically to climate have launched at an astonishing rate in 2021: from blue-chip venture capital firms like Union Square Ventures, from large private equity players like TPG and General Atlantic, from a whole new breed of climate-specific VCs like Lowercarbon Capital. Scarcely a day goes by now without a climate tech startup announcing a major new funding round. A whopping $49 billion of venture capital funding will pour into climate tech in 2021.

BlackRock CEO Larry Fink aptly captured the current ebullience when he declared last week that “the next 1,000 unicorns” will be in climate tech.

Across all sectors, organizations are grappling with rapid transformation. On top of that, there are enormous global shifts and challenges to contend with, such as climate change, and shifting political and economic power. To put it bluntly, our world is changing fast. And organizations must learn to adapt accordingly.

These eight major trends provide a snapshot of how business operations are evolving to suit our rapidly changing world.

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It takes seven months to get to Mars in an efficiently engineered spaceship, covering the distance of 480 million kilometers. On this journey, a crew would have to survive in a confined space with no opportunity to experience nature or interact with new people. It is easy to imagine how this much isolation could have a severe impact on the crew’s well-being and productivity.

The challenges long-duration space travelers experience are not foreign to regular folk, although to … See more.

The transport sector accounts for 47% of New Zealand’s carbon dioxide emissions. It will be a focus for decarbonisation to meet the country’s new climate pledge to cut emissions by half by 2030.

Wellington International Airport officials believe it may be the longest distance flown in an electric plane across any body of water.

“It’s a very exciting day for the airport. A world-record-setting day,” said spokesperson Jenna Raeburn.

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Continue reading “New Zealand strait crossed for first time” »

Wikipedia has banned 7 Chinese ‘editors’ for manipulating information critical of China. The move has raised questions on the credibility of Wikipedia. How reliable is it? How easy is it to manipulate information? Palki Sharma has a report.

#Wikipedia #China #Gravitas.

Continue reading “Gravitas: Wikipedia bans Chinese editors for ‘manipulation’” »

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A historian traces the Tesla founder’s passion for space exploration and other futuristic pursuits to dystopian novels and a grandfather’s eccentric convictions.