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NEW SCIENCE CAN GROW BIGGER, BETTER CROPS

At the University of Sheffield, plant biologists have looked into what they call “the beating heart” of photosynthesis – the process by which plants live and grow.  The researchers deciphered the workings of a protein that manages the electrical current flowing between two components of chlorophyll which convert sunlight to energy. The breakthrough makes it...

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MAKING PLASTIC FROM GARBAGE

UBQ Materials, an Israeli start-up, is claiming a revolutionary process that turns household garbage – rotting fruit, cereal boxes, plastics, old bones – into new plastic ready for manufacturers to use. The proprietary process heats the waste to about 750°F and breaks down organic materials. Fibers in the organics blend with the plastic to strengthen...

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SMART TOILET

Don’t go to the doctor. Go to the bathroom. Human urine is a treasury of health data. It can offer clues to more than 600 illnesses and health conditions; testify to a person’s exercise habits, sleep patterns, and other issues; and spot changes quickly to flag danger signs. But how to capture those sudden hints...

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U.S. MARKETS

The S&P 500 and Nasdaq hit record highs this week, with the Dow jumping more than 200 points, continuing its four-week run.  Could they be rising because economies are contracting around the world? The U.S.-China trade war? The unrest in the streets in every hemisphere? The real answer was found in a survey that polled...

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LOST SEOUL

Despite having dropped interest rates to record lows plus record stimulus efforts, South Korea’s economy is failing to generate growth.  “We have expected fiscal spending to play the supporting role in adding vitality to the private sector, said Hong Nam-ki, South Korea’s finance minister. “However, it is not working well with limited spillover effects, making...

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INDIA

Last week, Moody’s, the American credit rating agency, lowered its outlook for India to negative. With their GDP dropping to 5 percent, a six-year low, Moody’s forecast a worsening economic climate and a lack of government action to reverse the trend.  Key factors for the negative outlook were the worsening liquidity squeeze, which was exacerbated...

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JAPAN

Japan, the world’s third largest economy, grew 0.2 percent in the third quarter, down sharply from a 1.8 percent expansion the previous quarter.  Last week, Prime Minister Shinzo Abe announced Japan’s first stimulus package since 2016, which includes a 2019 budget running through March 2020 and spending plans to boost the economy into 2021.  Finance...

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CHINA: NUMBERS DON’T COUNT

For many economists, the “official” economic data from China has long been questionable. In an effort to ease global skepticism, Beijing announced last week that local governments will now start using the same methods as the National Statistics Bureau when determining economic data. More than 800 local Chinese governments have defaulted on their debt so...

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THE AMERICAS

Currencies Going South As geopolitical strife intensifies south of the border, currencies are devaluating in Latin America, hitting new lows. The Chilean peso was down 1 percent against the dollar – trading at 800 to the dollar from 630 a year ago – and 15 percent against the dollar over the last year.  The Columbian...

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GERMANY

Germany, the largest economy in the eurozone and the world’s fourth largest economy, grew just 0.1 percent in the third quarter, barely escaping recession, which is defined as two consecutive quarters of negative growth. Its GDP declined 0.2 percent in the second quarter.  Their economy is expected to only grow by 0.5 percent in 2019,...