Tag Archives: Super regions

Is China’s Bubble the Next Financial Crisis?


By Mark Whitehouse – The Chinese credit boom has rapidly turned the country into one of the developing world’s most indebted, according to a new report (pdf) from London’s Centre for Economic Policy Research.

Such credit-fueled growth can’t be sustained for long without causing major distortions and setting the country up for a fall.

The stimulus is already running into diminishing returns. Over the five years through 2013, government and private debt grew by about 3 yuan for each added yuan of economic activity, a level of credit intensity that the U.S. exceeded only in the years leading up to the 2008 crisis. more> http://tinyurl.com/k5985du

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European Breakups Shouldn’t Be So Hard to Do


By Leonid Bershidsky – Suddenly, the possibility arises of small nations springing up throughout Europe:

Catalonia and the Basque country fragmenting Spain; Flanders and Wallonia — and don’t forget a separate German-speaking mini-state — in place of Belgium;

Veneto and South Tyrol breaking off from Italy;

Bavaria and East Frisia leaving Germany;

Corsica and Savoy saying goodbye to France;

Lapland carving off parts of Norway, Sweden and Finland. more> http://tinyurl.com/pyeowy9

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Free Money for Germany Is Bad News for Euro


By Mark Gilbert – Germany yesterday (Aug 20) sold 4.04 billion euros ($5.3 billion) of notes that pay no interest, repayable in September 2016.

Investors, it seems, are willing to forgo income for the safety of stashing their cash in the AAA-rated government debt of Europe’s biggest economy.

That’s a huge vote of no-confidence in the region’s growth prospects. more> http://tinyurl.com/qzkdneo

Updates from SIEMENS


Modeling the truck as a whole: Scania uses LMS Imagine.Lab Amesim for testing approach
SIEMENS – Just how do you design a truck?

And especially a truck that needs to haul loads of timber out of snowy Scandinavian forests or coal out of dusty, unpredictable Indonesian mines?

Or, simply be able to run dependably 24 hours a day, seven days a week on the highway?

Precision is the answer for Scania. Obtaining this precision equals the right type of design early in the process. This is just one of the reasons why this global truck manufacturer uses LMS Imagine.Lab™ software. The engineering team counts on this tool to simulate the entire vehicle dynamics, including the hydraulics and the driveline, and to couple various systems such as electronics to create a “virtual” truck.

A leader in the truck and bus market, the Swedish multinational was founded in 1891. Since then, the company has produced and delivered more than 1,400,000 trucks and buses for heavy transportation. You can imagine that a lot has changed since Gustaf Eriksson designed a usable petrol engine in 1902, the year the company manufactured its first truck. more> http://tinyurl.com/l3er3qc

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The business case for urban regeneration


[ SMARTER CITY ]

By Howard Bassford – The garden city must be locally led, with a strong local jobs offer that is “linked by rapid transport providing a full range of employment opportunities”.

The growing number of one person households is more easily accommodated in denser areas too.

That in turn results in opportunities for new products – the company that owns or manages the home you rent can be as important as the bank or energy company that you use.

A healthy PRS (private rented sector) begets competition, and that drives service standards and quality housing stock. more> http://tinyurl.com/n6amc4t

Updates from GE


Why The Queen Smashed A Perfectly Good Bottle of Whisky on Her Navy’s Largest Ship

GE – The whisky came from a special barrel set aside in 1980, when the Queen came to Bowmore, her first and only visit to a whisky distillery in an official capacity.

The 65,000-ton steel ship was assembled in Rosyth, Scotland, hence the use of whiskey instead of champagne. It is the first of two ships in the Royal Navy’s new class of aircraft carriers called the Queen Elizabeth Class (QEC). When completed, HMS Queen Elizabeth and HMS Prince of Wales will be the second largest aircraft carriers in the world after America’s Nimitz Class ships.

The British vessels will also be the world’s first all-electric aircraft carriers. They will rely on technology from GE’s Power Conversion unit, which built the aircraft carrier’s integrated full electric propulsion systems and electrical power control and management systems.

The electrical systems allowed ship builders to shrink the overall size of the cables, equipment and propulsion machinery that power the propellers, and leave more room for crew and aircraft. The Royal Navy will be also able to operate the vessels more efficiently. more> http://tinyurl.com/nhk97m8

Synthesis of structurally pure carbon nanotubes using molecular seeds


R&D – For 20 years, carbon nanotubes (CNTs) have been the subject of intensive fundamental as well as applied research.

With a diameter of roughly one nanometre, single-wall CNTs (or SWCNTs) need to be considered as quantum structures; the slightest structural changes, such as differences in diameter or in the alignment of the atomic lattice, may result in dramatic changes to the electronic properties: one SWCNT may be metallic, whilst another one with a slightly different structure is a semiconductor.

Hence, there is a great deal of interest in reliable methods of making SWCNTs as structurally uniform as possible. In fact, corresponding synthesis concepts were formulated about 15 years ago.

However, it is only now that surface physicists at Empa and chemists at the Max Planck Institute have successfully implemented one of these ideas in the laboratory. more> http://tinyurl.com/mdntjs4