On Friday, the Ministry of National Defense of the People’s Republic of China has confirmed that the Chinese government plans a 6.8 percent increase (the largest gain since 2019) in the defense budget in the coming year. According to a press release issued on 5 March, China’s annual defense budget will maintain single-digit growth for a sixth consecutive year by increasing 6.8 percent in 2021. The details were given in a Friday media release also said that this year’s planned defense spending will be about 1.35 trillion yuan (about $209 billion). – ADVERTISEMENT – CONTINUE READING BELOW – China’s defense budget […]
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There will be two million commercial vans in the UK by 2025 and a company owned by a Russian entrepreneur are planning to seize a chunk of the market. Arrival’s electric vehicles will have zero emissions and should prove popular among delivery firms keen to appeal to green customers. One of the world’s biggest asset management funds, BlackRock, has agreed to invest US$118m in Arrival, a British start-up which is aiming to carve out a slice of the lucrative commercial van market. Arrival – which was set up in 2015 by Denis Sverdlov, a Russian entrepreneur – has already produced a prototype electric […]
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
CoinDesk is preparing for the invest: ethereum economy virtual event on Oct. 14 with a special series of newsletters focused on Ethereum’s past, present and future. Every day until the event the team behind Blockchain Bites will dive into an aspect of Ethereum that excites or confuses us. Today’s intro is written by CoinDesk research analyst Christine Kim. This year, 2020, is proving to be wildly successful for Ethereum in terms of market performance and technological development. Since January, ETH has so far tripled in value, beating out the gains made by the majority of the top crypto assets by trade volume. The only other crypto asset in […]
The joint venture will see Marathon co-locate a bitcoin mining facility within Beowulf’s Big Horn Data Hub at its 105-megawatt power station in Hardin, Montana. Source link
According to the Finnish telecom giant, in the future, entire cities, hospitals and factories will fully depend on 5G and the capacity it offers to move, process and store vast volumes of data. A fresh study by Nokia has forecasted that industries that have embraced 5G will have the potential to add $8 trillion to the global GDP by 2030. Despite the economic challenges presented by COVID-19, a global boom in 5G investment will see massive investments in 5th generation telephony emerge over the next five years, Nokia’s report said. “As organisations across the world move faster towards the deployment of […]
A new PwC report claims blockchain technology can add $1.7 trillion to the global economy by 2030, with the Asian continent standing to benefit the most. Source link
The rapidly growing city of Shenzhen will be giving away 10 million yuan (US$1.47 million) of China’s new sovereign digital money via lottery, as China seeks to test out and stimulate the usage of the digital funds, according to a report in the South China Morning Post. Source link
Speaking at the 75th United Nations General Assembly on Tuesday, Russian President Vladimir Putin said that the UN Security Council “should be more inclusive of the interests of all countries as well as of the diversity of their positions”. Russian President Vladimir Putin has stated that scrapping sanctions and restrictions may add to boosting the world economy and reducing unemployment rates amid the ongoing COVID-19 pandemic. Speaking at the 75th United Nations General Assembly on Tuesday, Putin also touched upon the role of the UN Security Council, which he said should take into account the interests of all states more broadly. […]
Investments in precious metals by Russian banks increased in August, reaching almost $7.4 billion (568 billion rubles), data released by the country’s central bank (CBR) showed. In terms of gold, reserves have amounted to a record 121 tons, which is 10.9 percent higher than the maximum reached in October 2019. According to Maxim Osadchiy, an analyst at BKF Bank, last month, Russian banks increased their bullion reserves by 23.3 tons. He told RBC Daily that this was the most noticeable increase on the balance sheets of Russian banks for the entire period of statistics disclosure. Also on rt.com Russia continues stockpiling […]
Britain is holding another Black Pound Day, when consumers are encouraged to buy from black-owned businesses. RT learns more about the idea from the people behind it. Saturday marks the UK’s third Black Pound Day. It’s a grassroots campaign to encourage the public to give their custom to black-owned businesses for 24 hours. It falls on the first Saturday of every month and is the brainchild of DJ Swiss, a member of popular London rap group So Solid Crew. The initial day saw £61,940.53 spent, and last month’s total was £22,242.42. The types of business participating are wide, and include cake […]
The passport would help businesses cut through redundant red tape and flourish across borders, Saudis said. Source link
After laying off a third of its staff in April, the project is looking for ways to increase the “diversity of funds” in its budget. Source link
According to estimates by the economic research agency Fitch Solutions, the future looks particularly bright for Russia’s gold reserves, which may see the country soon lead the rating of the top producers of the precious metal. Russia is likely to step up its gold production in the next couple of years amid increasing risks of more US sanctions that could push the Russian Central Bank to boost the existing precious metal reserves, as follows from a Fitch Solutions report cited by CNBC. The potential economic restrictions will “paradoxically” support the gold market in the country, the report said. “The rising risk […]
VT: Low dosage Sarin gas was tested on the New York subway system more than a decade ago. People got sick. We believe that test and others along with studies listed below and information from Senate hearings provides sufficient backdrop to support what everyone is coming to see. It isn’t just Italy, New York is an epicenter too and it isn’t simply CV 19 but chemical weapons that mimic the disease, according to highest level intelligence sources. Defense experts are seeing a targeted biowar on China, Italy, Spain, Iran and left-leaning political regions of the US. We will now discuss our […]
No right-wing cause célèbre would be complete without some on-air boosting from Fox News. And in the case of Steve Bannon’s allegedly fraudulent “We Build the Wall” fundraiser, the conservative cable channel obliged. Bannon, a former chief strategist to President Donald Trump, was arrested Thursday morning on charges of using that border wall fundraising campaign to enrich himself and the fund’s founder Brian Kolfage, a triple-amputee Air Force veteran who was also arrested. According to federal prosecutors, Bannon and Kolfage, along with two others, defrauded the hundreds of thousands of donors who gave $25 million to their effort to privately fund […]
Markets have responded well to Algorand’s plans to get in on the DeFi action – the native ALGO token has experienced a jump in price. Source link
The changes that were recently made to the USPS and which sparked Democrat outrage have already been suspended, but Donald Trump’s opponents still fear that this will not be enough to vote the incumbent president out. US Democratic Party officials are rushing to come up with new election strategies for the November presidential election as they fear that mail-in voting might not give them victory, citing concerns over the US Postal Service’s (USPS) ability to process all the votes in a timely manner. These concerns stem from mail-in voting being in greater demand than before due to the coronavirus pandemic and […]
A member of the Australian cabinet has said a new government-backed initiative, which uses blockchain, can help grow the national economy and create new jobs. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source link
Study: Return To Work Not Affected By $600 Unemployment Boost By James Myall, Maine Center for Economic Policy. August 9, 2020 Study: Return To Work Not Affected By $600 Unemployment Boost2020-08-092020-08-09https://popularresistance-uploads.s3.amazonaws.com/uploads/2017/12/popres-shorter.pngPopularResistance.Orghttps://popularresistance-uploads.s3.amazonaws.com/uploads/2020/08/businessopeining_gradient2-e1596983310777.jpg200px200px There’s no relationship between expanded Unemployment Compensation payments and individuals’ likelihood of returning to work, according to two recent studies. One, by researchers at Yale University, finds that more generous UC payments are not related to lower rates of return to work. Another shows employers saw no overall decline in the number of applicants per job vacancy as a result of the increased payments. The findings refute the assertion by some pundits and politicians from both parties who claim […]
Humans have gained an invaluable weapon in the battle against parasites, after an enzyme variant was pinpointed as the reason for the worms’ ability to survive without oxygen. The bugs live in the guts of around a billion people. The worm-like freeloaders, known as helminths, colonize human guts after sneaking into the body through dirty drinking water. New research has finally unravelled the mystery behind their exceptional ability to survive in the low-oxygen environment, and the findings raise hopes of new treatments to quell their growing resistance to medications. When the parasites are outside the body, they breathe oxygen, just like […]
Roman Abramovich could be poised for an historic summer of spending after his Chelsea team secured Champions League qualifications on a breathless and long-delayed final day of the 2019-20 Premier League campaign. A brace late in first-half stoppage time from Mason Mount and Oliver Giroud sealed a crucial three points for the West Londoners to ensure that they finish in the top four on what was the latest-ever final day to an English top flight season. The win, coupled with Manchester United toppling Leicester at the King Power Stadium, ensures that it will be Lampard’s Chelsea and Solksjaer’s United who take […]
https://cdn1.img.sputniknews.com/img/107856/27/1078562773_0:320:3072:2048_1200x675_80_0_0_943cf92d72efcb24d81b08f7378aa502.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/business/202007221079955792-us-stocks-rise-after-tech-boost-mitigates-china-us-trade-fears/ Source link
https://cdn1.img.sputniknews.com/i/logo-itemprop.png Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/military/202007201079935504-putin-says-nuclear-powered-submarines-will-boost-russias-combat-potential/ During an address to the Federal Assembly in 2018, Russian President Vladimir Putin announced that Poseidon nuclear-powered underwater drones were being developed in Russia. Russian President Vladimir Putin has stated that nuclear-powered submarines will boost the country’s combat potential. He also added that around 60 Russian Navy vessels are currently sailing in the world’s oceans. Russia’s largest shipbuilding enterprise Sevmash is now working on two nuclear-powered submarines with hypersonic weapons, according to the statement. The statement comes after President of the United Shipbuilding Corporation (USC) Alexei Rahmanov stated in June that the Russian Navy […]
White House counselor Kellyanne Conway urged President Donald Trump on Friday to resume giving regular coronavirus briefings, claiming his sinking approval ratings on the pandemic will surge if the public hears from him daily on the crisis. Amid a bevy of recent polls showing the vast majority of the American public strongly disapproves of the president’s handling of the virus that’s killed nearly 140,000 Americans, Conway appeared on the president’s favorite morning show Fox & Friends to react to the current surge in coronavirus cases. After Conway brushed off the spike in cases as “hotspot surges” while assuring the Fox audience […]
The country’s total foreign holdings are now above the $500 billion target set by the Central Bank of Russia a few years ago. Russia’s gold and foreign currency holdings climbed to almost $569 billion as of 1 July, according to the latest estimates provided by the country’s central bank. They also suggest that the international funds increased by $2.7 billion, around 0.5 percent, compared to the previous month, having risen by more than $50 billion since July 2019. Highly liquid foreign assets like stocks of monetary gold, foreign currencies, and Special Drawing Right (SDR) assets, which are at the Central Bank […]
WASHINGTON (Sputnik) – US President Donald Trump signed an executive order on Thursday that enhances economic and educational opportunities for Hispanic Americans. “The executive order I will sign in a few moments will expand our efforts across all of federal government to deliver educational and economic opportunity for Hispanic Americans”, Trump said during remarks at the White House. “The executive order I will sign in a few moments will expand our efforts across all of federal government to deliver educational and economic opportunity for Hispanic Americans.” pic.twitter.com/luLovY0qBl — The White House (@WhiteHouse) July 9, 2020 The White House said in a […]
…from PressTV, Tehran [ Editor’s Note: This report is missing key details, but understandably so, as Iran does not have a habit, nor anyone else, of broadcasting its air defense plan details. But the move is overdue, as the public has sat back and watched an endless stream of Iranian supplies to be shipped into Syria and dispersed to a number of locations, with many far from the Israeli border, only to see them struck by Israeli air to ground missile barrages that have a demonstrated accuracy. To date, despite Russia having air defense weapons that could take down the Israeli […]
BlockFi said it’s seen a surge in revenue since the bitcoin halving and the launch of its mobile app. Source link
https://cdn1.img.sputniknews.com/img/107959/53/1079595378_0:0:3072:1728_1200x675_80_0_0_68aaf9501ef1ef67494cde4e8e4e8d80.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/asia/202007011079765842-australia-to-boost-defense-budget-by-about-52bln-in-next-10-years—prime-minister/ MOSCOW (Sputnik) – The Australian government will increase the country’s defence budget by approximately $51.8 billion within the next 10 years due to rising strategic competition in the Indo-Pacific region, Prime Minister Scott Morrison said on Wednesday. “An updated 10-year funding model that will enable defence to deliver the strategy and the complex capabilities it requires to keep us safe. This will see capability investment grow to [AU] $270 billion [US $186.5 billion] over the next decade. Now, that’s up from [AU] $195 billion [US $134.7 billion] we committed in the decade following the […]
Australia will spend A$1.35 billion ($926.1 million) over the next 10 years to boost its cyber security defenses, PM Scott Morrison said on Tuesday. The statement came weeks after Australia said that a “sophisticated state-based actor” has been attacking all levels of the government, political bodies, essential service providers and operators of critical infrastructure. The government’s top priority is “protecting our nation’s economy, national security and sovereignty,” Morrison said in a statement. “Malicious cyber activity undermines that.” The package will include A$470 million to hire an extra 500 security experts in the Australian Signals Directorate, the country’s cyber intelligence agency. Australia […]
https://cdn1.img.sputniknews.com/img/107973/85/1079738549_0:204:2001:1329_1200x675_80_0_0_ba02a3bdfab9e1d3f9978d7cc596ffd4.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/asia/202006281079738579-seoul-aims-to-boost-marine-shipping-industry-ties-with-china-japan-amid-pandemic—report/ MOSCOW (Sputnik) – South Korean Ministry of Oceans and Fisheries said on Sunday that Seoul was planning to grow its ties with neighbouring China and Japan in the marine shipping industry to cope with COVID-19 pandemic by using advanced technologies, the state-run Yonhap news agency reported. According to the media outlet, the country is expected to discuss such prospects with Beijing and Tokyo during an online ministerial meeting scheduled for Monday. “South Korea, China, and Japan have been enjoying economic growth through specialization and cooperation, connected by marine logistics”, Oceans Minister Moon Seong-hyeok said, […]
Gov. Steve Bullock (D-Mont.), left, gets an update on coronavirus testing from councilman Martin Charlo of Confederated Salish and Kootenai tribes. Kirk Siegler/NPR hide caption toggle caption Kirk Siegler/NPR Gov. Steve Bullock (D-Mont.), left, gets an update on coronavirus testing from councilman Martin Charlo of Confederated Salish and Kootenai tribes. Kirk Siegler/NPR At a free, mass testing site on Montana’s Flathead Reservation, hundreds of people are queued up in idling cars. They’re waiting an hour or more for the irritating nose swab test for COVID-19, but most like Francine Van Maanen are just grateful to finally get one. “We enjoyed the […]
As COVID-19 cases surge in US states like Florida, California, Arizona and Texas, US President Donald Trump has advised his administration to slow down testing, a clear indicator of his inept response to the outbreak, investigative reporter and columnist Dave Lindorff told Sputnik Wednesday. “It’s a basic kind of hygiene behavior to [get tested to] protect your friends and family … what Trump has said, he’s succeeded in convincing his rabid and rather low-wattage, poorly educated base that wearing a mask is a sign of being a liberal. They’re all going to get infected,” Lindorff told Loud & Clear John Kiriakou. […]
Aussie former Supercars driver Renee Gracie has seen a whopping cash boost since going public over her decision to become a private on-request porn star – and says she plans to “milk” the income stream for all its worth. Gracie, 25, was Australia’s first-ever full-time female Supercars driver but turned her back on motorsport after increasingly struggling to make a living. Part of her career switch has involved changing gears to sell sex videos and photos on request at adult website OnlyFans. Going public with the decision in a tell-all interview in Australia last week, the full-figured former track star said the […]
Thailand is teaming up with a blockchain firm to encourage peer-to-peer trading of renewable energy. Announced on Monday, Thai Digital Energy Development (TDED) – a public-private joint venture – has inked a deal with blockchain energy startup Power Ledger to develop a blockchain-based digital energy business. The deal, also in collaboration with energy suppliers in Thailand, seeks to develop solutions for peer-to-peer energy trading and environmental commodity trading, Australia-based Power Ledger said in a press release. Ultimately, the partners aim to assist Thailand’s drive to hit a 25% renewable energy target by 2037, as it transitions away from fossil fuels. “Blockchain-enabled […]
Europe 09:43 GMT 07.05.2020Get short URL During the controversial two-year trial, 2,000 randomly chosen unemployed participants received a no-strings-attached €560 benefit each month, and were free to search for work and even start businesses. On average, the basic income resulted in an employment boost of a mere six days. A final analysis of Finland’s two-year basic income experiment found that the unconditional benefit received by recipients improved their mental well-being, but didn’t directly spur them into finding work, the newspaper Hufvudstadsbladet reported. While the recipients of the no-strings-attached 560-euro monthly payment reported feeling less mental strain, depression, sadness, and loneliness compared […]
With the right management strategy, bitcoin almost always boosts the value of a mixed portfolio, according to Bitwise research – even if bought at the all-time high. Based on a test portfolio using historical data, the San Francisco-based asset manager found investors who allocated a small percentage of bitcoin to a portfolio made up of stocks and bonds would have made a notable increase to cumulative returns, even in the past three years. Bitwise said in its Wednesday report – co-written by its head of research, Matt Hougan – that a 2.5% allocation of bitcoin in January 2014, rebalanced on a quarterly basis, would […]