Nor would taking Russian energy out of the equation make much difference: The bloc spent just €23 billion on oil, gas and nuclear imports from Moscow last year. At the same time, the U.S. only sent $166 billion in oil and gas abroad last year, Page explained, meaning it would have to divert all its…
Northern Vietnam is bracing for Tropical Cyclone Wipha, which may intensify to typhoon-strength before making landfall on Tuesday after tracking over the nation’s iconic Ha Long Bay. Wipha is currently near the port city of Beihai in China’s Guangxi province, and the US Navy’s Joint Typhoon Warning Center forecasts the storm will gradually strengthen as…
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China has successfully tested a magnetic levitation (Maglev) technology which could see trains travel faster than most planes. The most recent test, demonstrated at Donghu Laboratory in Hubei Province, saw a 1.1-ton Maglev train accelerating to 404 mph in just under 7 seconds over 1,968 feet. The test follows a trial of the same technology…
UPDATE: The Tennessee Department of Transportation (TDOT) will be holding two public meetings this week to discuss the proposed Interstate 24 project in Hamilton County. The second meeting will be on Thursday, July 10, from 5:00-7:00pm at John A. Patten Community Center on Kelly Ferry Road. The proposal is to widen a 10-mile section of I-24 from…
China’s top leadership has pledged to curb aggressive price competition among businesses, aiming to accelerate efforts toward a unified national market to help boost domestic demand. Officials at a high-level economic meeting chaired by President Xi Jinping said they would crack down on “disorderly” low-price competition and phase out outdated industrial capacity, Xinhua News Agency…
A self-healing pipe technology developed in Gateshead is significantly reducing the time, cost, and disruption associated with water leak repairs. Developed in 2019 by Origin Tech, Origin No Dig® allows water providers to repair leaks without the need for excavation or even knowing the exact location or size of the leak. The new technology comes…
CAS is crucial to China in many ways. China shares direct borders with Kazakhstan, Kyrgyzstan, and Tajikistan. The region lies between China and West Asia, the Middle East and Europe. CAS is rich in oil, gas, uranium and rare earths, whereas China has an appetite for these resources. In return for access to these resources,…
Hong Kong has been named the third-most globally competitive economy in the world, climbing two places from last year, with city leader John Lee Ka-chiu attributing the rise to enhanced government efficiency resulting from civil service reforms. The chief executive said that Hong Kong had scored 99.2 out of 100 in the latest World Competitiveness…
New York, Dallas, Seattle and 25 other major U.S. cities are sinking, threatening the structural integrity of buildings, roads, dams and other forms of infrastructure, new research found. The study’s authors say it represents a looming threat to the infrastructure of these cities, which combined are home to some 34 million people. The study by…