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Showing posts from April 18, 2018

World markets dive as Trump sparks trade, North Korea worries

Global stocks sank Wednesday after US President Donald Trump said he was not satisfied with talks that are aimed at averting a trade war with China. Equities were also dented by poor eurozone economic data, and as Trump cast doubt on a planned summit with North Korean leader Kim Jong Un. “Trump (is) continuing to drive uncertainty over global trade,” said analyst Joshua Mahony at trading firm IG. “European markets are following their Asian counterparts lower, as a pessimistic tone from Trump is compounded by downbeat economic data,” he added. Markets had surged Monday after US Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He said they had agreed to pull back from imposing threatened tariffs on billions of dollars of goods, and continue talks on a variety of trade issues. However, Trump has declared that he was “not satisfied” with the status of the talks, fuelling worries that the world’s top two economies could still slug out an economically pain...

Quebec wary of bitcoin gold rush.

At the site of a former cocoa factory in Canada’s Quebec province, tiny holes punctured in the walls of a warehouse allow fresh air to cool thousands of whirring processors connected by a tangle of wires. Yessoulou Coulibaly watches over the sea of 7,000-odd computers hidden away in this industrial park at a center operated by Bitfarms, one of the emerging players of the cryptocurrency “mining” boom. Unlike the dollar or the euro, cryptocurrencies are not issued by central banks. Instead they are “mined” or created thanks to server “farms” like the one in the Montreal suburb of Saint-Hyacinthe — which crack increasingly complex computer codes in order to unlock new batches, or blocks of virtual coins. Mining on a large scale requires massive computing power, which in turn requires a lot of electric power. That is where Quebec comes in the picture: luring miners with its plentiful, cheap electricity and below average temperatures — akin to Iceland, where a sister cry...

Election fever hits Lebanon, nine years since last legislative vote.

As its first parliamentary vote in nearly a decade approaches, Lebanon has been swept into campaign fever: posters on every corner, televised debates, and neighbours bickering over new electoral procedures. Stakes are high in the long-awaited May 6 poll, the first test of Lebanon’s 2017 voting law, that will carve out the country’s political and economic trajectory for years to come. Voters and candidates alike are eager for polling to start, nearly ten years after the last parliamentary elections in June 2009. The 128 lawmakers elected back then have extended their mandate three times, citing potential spillover from the war in neighbouring Syria and an unsatisfactory voting law. But after years of deadlock, Lebanon’s politicians agreed to elect a president, form a government and move towards a complex new ballot system, paving the way for next month’s historic vote. “It’s a new electoral experience for Lebanon,” said Imad Salame, a professor of political science...

Japan-US trade surplus edges down as Abe, Trump meet.

Japan’s politically sensitive trade surplus with the US edged down in March, government data showed Wednesday, as the two countries’ leaders held talks over the thorny issue of bilateral trade. Japan logged a surplus in March of 623.1 billion yen ($5.9 billion) with the US, down 0.2 percent, as imports of American-made cars and aircraft climbed, according to the finance ministry data. The fresh data comes as Japanese Prime Minister Shinzo Abe and US President Donald Trump thrash out difficulties in their trade relations at a summit in Mar-a-Lago. Larry Kudlow, Trump’s top economic advisor, has cautioned that while “Japan is a great friend and ally”, there are “certain disagreements with respect to some of the trading issues, we’ll iron those out hopefully”. To its obvious displeasure, Japan was not on the list of countries exempt from Trump’s announced tariffs on steel and aluminium. And Trump tweeted on Friday that Japan “has hit us hard on trade for years”. J...

My home is not my castle anymore: Technologies that see through the walls.

In the early of 2015,  USA launched a wave of publications  on a handheld radar called  RANGE-R  that has been used by the U.S. security agent and other government services. The radar system is able to ‘see through the walls’. To be more accurate, it registers motion inside closed spaces. The radar system’s high sensitivity is able to detect a hiding man’s breathing somewhere deep inside a building, behind several walls. The existence of such a device was surprising for many journalists tasked with publishing the features of RANGE-R. However,  these radars have long been in mass production for military and intelligence-service needs . RANGE-R systems have been used in FBI hostage-rescue missions, by firefighters during collapsed building search-and-rescue operations, in the U.S. Marshals Service operations when catching fugitives, and so on. View image on Twitter Ads info and privacy Prior to that, the technology was only availab...

How Bugatti Chiron Is Remotely Monitored From Bugatti HQ Online Real Time.

Back in 2004, Bugatti introduced the telemetry system to the Veyron.. and the upgraded and latest telemetry has made it’s way into the new Bugatti Chiron. This system monitors the entire car 24/7 and transmits real time information to the Bugatti headquarters. So the company knows what’s wrong with your car even before you have a clue. “Bugatti’s telemetry system is our version of the connected car – exclusive and individual for our customers and saving time and money for our developers,” said electrical engineer Nortbert Uffmann, who’s responsible for the system. “This is ‘Connected Car‘ à la Bugatti, and it has already been available for more than a decade.” Back at the factory, Bugatti has some mechanics called “flying doctors” who take the next airplane off to the cars location to attend to any issue it may have. While in transit, these flying doctors can continue diagnostics on the car in a bid to provide world class service to their clients. The telemetry system is a small devi...

Anthony Joshua looking for Wladimir Klitschko's 'learning' as Deontay Wilder competition heightens.

Anthony Joshua wants to tap into Wladimir Klitschko’s “boxing encyclopedia” brain as he plots his route to becoming the undisputed world heavyweight champion. Joshua stunned Klitschko in a memorable Wembley battle last year and his attentions have since turned to adding Deontay Wilder's WBC belt to his IBF, WBA and WBO gold. "If [Klitschko] can give me a little bit of his knowledge, I think it will spur me on to do better than I project," Joshua said. ENGLISH PREMIER LEAGUE     TOP GOALSCORER Premier League. April 21, 2018, 7:00pm If [Klitschko] can give me a little bit of his knowledge, I think it will spur me on to do better than I project. Anthony Joshua "I need him on my side, definitely. I have so much respect for him. "His brain is like a boxing encyclopedia.   "I will always look at [Klitschko], even though I beat him, as the better man because he's done more than me. ...