Among green energy advocates, coal is reviled as the dirtiest and smoggiest of fuels.
Author: admin (Kendrick Williams)
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PULLING ELECTRICITY OUT OF THIN (OR THICK) AIR
Using a special strain of bacteria, a research team at the University of Massachusetts Amherst has created nanowires that can make an electric charge by pulling humidity—even tiny amounts—from air.
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WHY WATERMELON IS GOOD FOR YOUR CARDIOMETABOLIC HEALTH
Only 6.8 percent of U.S. adults have optimal cardiometabolic health, while an estimated 47 million have cardiometabolic disorders that increase their risk of heart disease and Type 2 diabetes. Risk factors for cardiometabolic disease include high blood pressure, abdominal obesity, elevated fasting blood sugar, dyslipidemia and elevated triglycerides.
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ECONOMIC UPDATE – MARKET OVERVIEW
In the U.S., its service industry, which accounts for nearly 70 percent of Gross Domestic Product, fell from 51.9 in April to 50.3 in May, according to data released yesterday by the Institute for Supply Management’s non-manufacturing PMI. Barely in positive territory, a reading above 50 indicates growth.
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BLOCKCHAIN BATTLES
The draft of a bill that would provide clarity to class some crypto assets as digital commodities has been released by key Republican Chairs on the House Financial Services Committee and House Agriculture Committee.
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SPOTLIGHT, TOP TREND 2023: OFFICE BUILDING BUST
Silverstein Properties, which developed the new World Trade Center, has made a deal to sell a 20-story office property on Manhattan’s Fifth Avenue for $105 million. In 2020, the company had refinanced the building for $171 million.
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SPOTLIGHT: CHINA
China dominates lithium refining but has only 8 percent of the world’s raw lithium, less than Argentina, Bolivia, or Chile. Even the U.S. has more lithium ore than the Asian giant.
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MEXICO’S CENTRAL BANK PROMISES NO MORE INTEREST RATE INCREASES
Meeting on 25 May, the governing board of Mexico’s central bank voted unanimously to hold its key interest rate at 11.25 percent, halting its fastest and steepest series of rate increases on record.
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CORPORATE BUYBACKS: THE SPREE CONTINUES
The spate of corporations buying their own stock that we reported in “Company Stock Buybacks Set Record, Spark Investor Complaints” (23 May 2023) shows no signs of slowing.