Tag: economic
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AI powered stablecoins – the future of crypto?
As we approach the 15th anniversary of the first Bitcoin being mined, change has been the only constant in the world of crypto. Stablecoins have represented one of the most influential developments, mitigating the volatility that has always been part and parcel of the crypto landscape and opening up the world of crypto to a…
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mHUB investing $50 million to build ‘largest independent manufacturing center in America’
Historic 80,000 sq ft facility in Chicago Near West Side Opportunity Zone will expand to make mHUB the ‘largest independent manufacturing center in US’ Manufacturing and “hardtech” innovation center, mHUB, is investing $50 million in the acquisition and build-out of a historic manufacturing facility within Chicago’s Kinzie Industrial Corridor on the city’s Near West Side.…
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Hannover Messe: Connectivity and climate neutrality
The list of challenges facing industry is long: climate change, energy shortages, disrupted supply chains and a shortage of skilled labor. The solution to these challenges lies in the targeted use of technology. At the same time, governments need to get their economic policy right. Hannover Messe 2023 covers not only technologies for connected, climate-neutral…
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Governor Whitmer launches air corridor for drones in Michigan and Ontario
Governor Gretchen Whitmer has announced that Michigan and Ontario are collaborating on a “first-of-its kind technology initiative” involving unmanned aerial systems (UAS), more commonly known as drones. This effort involves studying the feasibility of a commercial drone skyway in three proposed areas, including an international connection between Michigan and Ontario, southeast Michigan, and any other…
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Wikifactory raises $4.5 million to expand its new design collaboration software
Wikifactory, an online collaboration platform for physical product design and development, has completed a “total upgrade” that it says will enable users the ability to make anything with nothing but a laptop and an internet connection. Wikifactory says its new Collaborative CAD Tool with in-built chat will “transform the way products are made”, enabling designers,…
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CFD Trading Market Prognosis For 2021
Regardless of whether you are starting your way in trading CFDs or you are already experienced in online CFDs trading, you have to figure out where the market goes in the coming year and beyond. CFDs have grown a lot over the last decade and gained popularity amongst many investors as a way to deal…
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Sudden increase in air pollution threatens economic recovery, says report
There has been a sudden increase in air pollution which is threatening economic recovery in many countries, according to a new report by Centre for Research on Energy and Clean Air (CREA). The environmental research organization estimates that “health damage from air pollution” has cost between 0.4 percent and 6 percent of annual GDP in…
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Japanese government urged to establish industrial espionage unit
The Japanese government is being urged to establish an industrial espionage unit to try and stop spies stealing secrets relating to advanced technologies being developed by successful companies in the country. According to a report on the Nikkei Asian Review website, the Liberal Democratic Party, led by current Japanese President Shinzō Abe, is formulating a…
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German citizens to be given €1,200 a month for doing nothing
German citizens are to be given €1,200 a month, or about $1,400, for doing nothing in an experiment to evaluate the effects of a concept called “universal basic income”. Universal Basic Income, or UBI, is an idea that has been around for many years, and has many supporters and advocacy groups around the world, but…
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Startup Veo Robotics named ‘Technology Pioneer’ by World Economic Forum
The World Economic Forum announced its selection of 100 of the most promising Technology Pioneers of 2020. Many Technology Pioneers are using their tech to support Covid-19 responses around the world. Veo Robotics, a startup company which develops software to enable industrial robots to work safely and efficiently alongside people to make manufacturing more flexible,…