Archive for the 'Economy' Category
Miami: Dirty Gold, Clean Cash
January 17th, 2018I’m ticking Covert Operations on this one, just in case. š Via: Miami Herald: When Juan Granda ventured into Peruās Amazon rainforest to score another illicit load of gold, he boasted that he felt like legendary Colombian drug lord Pablo Escobar. āIām like Pablo coming … to get the coke,ā he told two co-workers in […]
OPod Tube Housing System
January 17th, 2018At least the “stacks” in Ready Player One featured actual trailers, which would be like mansions compared to this OPod thing! Via: Daily Mail: A Hong Kong architect has invented what he believed to be the solution of overcrowded cities by turning concrete water pipes into tiny homes. The OPod Tube Housing system aims to […]
Does the SR-72 Already Exist?
January 16th, 2018A missing trillion here, a missing trillion there… Via: Bloomberg: For years, Lockheed Martin Corp. has been developing a successor to one of the fastest aircraft the world has ever seen, the SR-71 Blackbird, the Cold War reconnaissance craft that the U.S. Air Force retired almost three decades ago. Lockheed officials have said the hypersonic […]
Ford Plans $11 Billion Investment, 40 Electric Vehicles by 2022
January 14th, 2018Via: Reuters: Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show. … Of the 40 electrified vehicles Ford plans for its global lineup by […]
GM Drops the Steering Wheel and Gives Robot Driver Control
January 12th, 2018Via: Bloomberg: Next year, General Motors Co. will no longer need an engineer in the front seat babysitting the robot brain that controls its self-driving Chevrolet Bolt. The steering wheel and pedals will be gone, giving total control to the machine. When GM starts testing its autonomous electric sedan in San Francisco ride-sharing fleets, itāll […]
World’s Top-Ranked Crypto Exchange Adds 240,000 Users… In One Hour
January 11th, 2018Binance (Cryptogon Affiliate Link) Via: Bloomberg: The worldās biggest cryptocurrency exchange keeps getting bigger. Hong Kong-based Binance.com is adding āa couple of millionā registered users every week, with 240,000 people signing up in just an hour on Wednesday, Chief Executive Officer Zhao Changpeng said in an interview with Bloomberg Television. Demand is so high that […]
SOUTH KOREA PREPARING TO BAN ALL CRYPTOCURRENCY TRADING IN THE COUNTRY
January 10th, 2018Disclosure: I hold cryptocurrencies. — Via: CNBC: South Korea’s justice minister said on Thursday that a bill is being prepared to ban all cryptocurrency trading in the country. That news is a major development for the cryptocurrency space, as South Korea is one of the biggest markets for major coins like bitcoin and ethereum. According […]
China Weighs Slowing or Halting Purchases of U.S. Treasuries
January 10th, 2018Via: Bloomberg: China added to bond investorsā jitters on Wednesday as traders braced for what they feared could be the end of a three-decade bull market. Senior government officials in Beijing reviewing the nationās foreign-exchange holdings have recommended slowing or halting purchases of U.S. Treasuries, according to people familiar with the matter. The news comes […]
Western Intervention Has Resulted in Afghanistan Becoming the World’s First True Narco-State
January 9th, 2018“How could this be possible?” Simple. Because that’s the desired outcome. Afghan Opium Production Rises by 61% Compared with 2010 Brother of Afghan Leader Is Said to Be on CIA Payroll U.S.-Built Bridge is Windfall for Illegal Afghan Drug Trade The Invisible Hand of the Market: British Troops Seize Ā£50 Million of Afghan Opium Officials […]
Intel’s 49-Qubit Chip Shoots for Quantum Supremacy
January 8th, 2018Disclosure: I am long Quantum Resistant Ledger (QRL). Nothing that appears on Cryptogon should be considered a recommendation to buy, sell or hold any financial instrument. — Via: IEEE: Intel has passed a key milestone while running alongside Google and IBM in the marathon to build quantum computing systems. The tech giant has unveiled a […]
