By James Mackintosh The Wall Street Journal Tues., Sept. 25, 2018 Here’s the standard market narrative on the dollar: It is significantly stronger this year because the U.S. economy has been on a tax-cut-fueled bender, the gap between U.S. interest rates and those of other major economies is the biggest in at least a decade, and the rest of the world has failed to live up to hopes for growth. Add in fears about emerging markets, Italian anti-European populism and Brexit, and of course the dollar has been great. Except it hasn’t, at least recently. It has been weakening for the past month, as market sentiment overpowered the fundamentals of economics and interest rates. To get a proper understanding we should look back further; this year the story of the dollar is nuanced, and comes in four chapters. At the start of the year, the dollar weakened against almost every currency of note as investors became wildly overoptimistic about global growth. In April … [Read more...] about Everything looked great for the dollar recently, so why didn’t it go up?
Why 3 phase power
The short answer: the anti-defense mentality of late 1960s politicians and academics, embodied in the spirit and main provisions of the 1972 US-Soviet anti-ballistic defense missile treaty, remains embedded in the US bureaucracy, our military and defense industry. That spirit is the heart of official US policy: we must do nothing, develop or research anything, that poses obstacles to missiles from Russia or China striking America. The dailyReport Must-reads from across Asia - directly to your inbox Although the 1972 treaty expired in 2002, the US government, the military and its contractors remain committed to its key provisions: Defense against “strategic missiles,” (which we define as of intercontinental range) must be limited to a single “site;” and that interceptors launched from that “site” be programmed from that “site.” That no orbit-based optical information systems may “substitute for” ground-based radars. That … [Read more...] about Why is America still stuck with token missile defense?
By Jacqueline Bigar Tues., April 3, 2018 IF TODAY IS YOUR BIRTHDAY: This year you opt to get involved in a key cause. There will be no sitting back and letting others act on your ideas. You will personally guide your project and ideas to completion. If you become frustrated, you easily could lose your temper. Try to tame your emotions. If you are single, your appeal soars throughout your birthday year. If you know what kind of relationship you desire, you have the ability to create it. If you are attached, the two of you could be working toward a key goal together. Listen to each other's thoughts and ideas. SCORPIO helps ground you. ARIES (March 21-April 19) You are more than willing to make an effort toward a key person in your life. You and this person also might need to reach out to a mutual friend. Those around you will be positively affected because of the hard work you put in. Tonight: Be sensitive to a loved one's feelings. TAURUS (April 20-May 20) Others … [Read more...] about Horoscope for Tuesday, April 3, 2018
caption Peter Diamandis is best known for his work in space. source Nadine Rupp/Getty Peter Diamandis is a serial entrepreneur known for his work in space. He is the executive chairman and founder of the X Prize Foundation, the executive founder of Singularity University and International Space University, and the co-executive chairman of Planetary Resources, among other organizations. When we asked Peter Diamandis how he sees his extraordinary career, he told us, “I think of myself as a 9-year-old kid having a blast.” Diamandis has made a career of making that 9-year-old happy. He told Business Insider’s podcast, “Success! How I Did it,” about how he became the man behind companies making science fiction come true: the X Prize Foundation, Singularity University, Human Longevity Inc. As a child Diamandis wanted to explore space, but his parents wanted him to be a doctor. His solution to that … [Read more...] about One of tech’s most prolific entrepreneurs reveals how he and Elon Musk are trying to eliminate illiteracy, and why he thinks human placentas may hold a key toward ‘an indefinite human life span’
source Hollis Johnson/Business Insider “Build quality” is a term often used in the auto industry when assessing manufacturing capability. Some observers have criticized the build quality of Tesla vehicles, most recently with the Model 3. Tesla has at times struggled with manufacturing as the same level of the rest of the industry, but it usually improves its processes. Since the Tesla Model 3 launched in July and started its uneasy path as a mass-market vehicle, Tesla watchers have been carefully scrutinizing the vehicle’s quality. Last April, Reuters reported that Tesla skipped the “soft tooling” phase, which is a pre-production process that helps automakers work out manufacturing problems before starting mass production. The company took a big risk by skipping this stage before commencing deliveries, and it has paid off. Holdups have kept Model 3 production well below … [Read more...] about The first Tesla Model 3 reviews are coming in — and there’s one thing everyone is talking about