The search for fusion power, long the exclusive precinct of deep-pocketed governments moving at glacial speeds, is now going commercial. That’s as promising a development for the early delivery of working fusion power reactors as commercialization proved for the decoding of the human genome and space travel. The late Microsoft co-founder Paul Allen “was among […]
Business investment stagnating in face of trade uncertainty
“The U.S. economy expanded at a 3.5 percent pace in the third quarter as consumers opened their wallets, businesses restocked inventories and governments boosted spending, marking the strongest back-to-back quarters of growth since 2014,” Bloomberg writes. The growth “followed a 4.2 percent advance in the prior three months…” But sustained growth and productivity gains require […]
On Halloween, Progressives give rein to their inner ghoul
Dateline Halloween 2015 Dateline Halloween 2018 We don’t know why Megyn Kelly cried and apologized to the morons at NBC for having defended childhood Halloween playfulness. She should exit the place with a huge exit package, a smile on her face, and the tougher for the experience.
Strategic materials war with China, US free trade negotiations with allies
Trade correspondent L.C. reports: The White House formally notified Congress on October 16th that it intends to begin free trade negotiations with three important allied trading partners: Japan, the EU, and the UK. Allied solidarity is crucial as China rushes to lock up strategic raw materials worldwide while resisting US efforts to reform its state-dominated […]
Prosperity threatened by interest rates, oil, and trade wars
by Trade Correspondent L.C. — The world economy faces three principal threats at the moment: Rising interest rates, endangering those emerging economies with heavy debt burdens; Possible Saudi-triggered oil price increases in the wake of the Khashoggi affair; and Ongoing trade war among the US, its allies, and China. Regarding the US-China trade war, while […]
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