John Galt

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Physics

Russians advised to pull their money out of banks and prepare for 'black market in cash'

The ruble has tanked over the past year, falling over 50% from 33 rubles to the dollar to 67 rubles at market open Friday. The collapse in the currency's value has helped drive up prices in the country, which is heavily reliant on imports, with inflation surging to 15% in January.<p>Now, it seems, it …

Central Banks

SpaceX will attempt a potentially historic rocket launch and landing this weekend

A 22-story-tall Falcon 9 rocket will lift off out of Cape Canaveral Air Force Station in Florida a couple of minutes after sunset, at 6:10 ET. And within a half hour or so after take-off, the rocket will return from space and attempt to guide its way, using GPS tracking, onto a droneship in the …

Space Travel
Oil
3D Printing

Meet The New King Of Saudi Arabia

King Salman has a history of maintaining order in the royal family. A look at the man who will now rule a country that holds one-sixth of the world’s oil reserves.<p>Saudi Arabia's King Abdullah died Friday and was quickly succeeded by his half brother, former Crown Prince Salman. Both men come from …

The Surprising Amount of Time Kids Spend Looking at Screens

New research suggests children are far exceeding the two-hour daily limit recommended by pediatricians.<p>Slouching posture, carpal-tunnel, neck strain, eye problems. The negative effects that technology use is having on humans’ bodies are surprising. Kids who spend much of their days in and out of …

New Mexico

DAVID TICE: I'm Not Shorting Stocks, But I'm Pretty Sure They'll Crash 30%-60%

"I tend to be very very early on these things," Tice told CNBC's Kelly Evans on Wednesday. "It's hard to say when, but this is gonna end badly."<p>Tice reiterated his August call that we should expect the stock market to fall by 30% to 60%.<p>"I have the same kind of feel in '98 and '99; also '05 and …

Stock Markets

JIM ROGERS: I Warned You The Swiss Central Bank's Currency Policy Would End Disastrously

The move sent the franc soaring, triggering hundreds of millions of dollars of losses at banks including Barclays and Deutsche Bank and bankrupting several currency brokers overnight. Many financial observers have lambasted the Swiss central bank for failing to signal the move was coming.<p>Investor …

Central Banks

Gold prices to rise on ongoing global markets volatility

US markets closed on 19 January for Martin Luther King Jr holiday<p>Gold prices are set to rise further next week as the ongoing global markets …

Why Mexico Is an 'Undiscovered Opportunity' for Entrepreneurs | Inc.com

It was 2008 when Paul Ahlstrom from Alta Ventures chose Mexico as the next big opportunity to create and promote a venture capital industry. It's been a long time since then. I was able to visit Monterrey, Mexico a couple months back and see a growing startup ecosystem in Mexico that was starting …

Startups
Schadenfreude
Hydroelectric Power

AI Has Arrived, and That Really Worries the World's Brightest Minds

On the first Sunday afternoon of 2015, Elon Musk took to the stage at a closed-door conference at a Puerto Rican resort to discuss an intelligence …

The EAGLE Project

Welcome to the EAGLE Project<p>What is the EAGLE project?<p>EAGLE (Evolution and Assembly of GaLaxies and their Environments) is a simulation aimed at …

The NACA’s Space Legacy

NACA engineers tested, developed, and recommended one of the most vital technologies that the U.S. needed to successfully launch the Saturn rocket.

Space
Economics
Oil & Gas Industry

IMF's Lagarde: Oil Slump Can't Save Global Economy

Christine Lagarde says the drop in oil prices won’t be enough to save the global economy, but the International Energy Agency says it will be enough to slow down the U.S. shale revolution. After the biggest rout in oil since the 1980’s, is there hope that perhaps we have found a short-term …

OPEC Losing Its Grip? No, The Saudis Are Partying Like It's 1981

Falling oil prices have provided the equivalent of a $1 billion-a-day tax cut to U.S. consumers. That’s the good news.<p>The bad news is despite all the crowing about OPEC losing its ability to control oil prices, quite the opposite might be happening. The Organization of the Petroleum Exporting …

Oil

Stocks have dropped enough to turn one technician ‘all out’ bullish

The stock market has fallen so far to start the year that one chart watcher is set to turn “all out bullish.”<p>Tom McClellan, who publishes the …

Stock Markets

Tiny plant fossils reveal ancient tree cover - Futurity

Scientists are "reading" the shapes of tiny, fossilized pieces of plants to figure out what the Earth looked like 50 million years ago.

Russia Threatens Ukraine With Forced Default Over $3 Billion Loan

Last week Russian Finance Minister Anton Siluanov announced that Ukraine had breached the terms on the loan that was agreed between Moscow and then Ukrainian President Viktor Yanukovych, who fled the country following mass protests in the capital Kiev last year.<p>Under the terms of the deal, …

Russia

Solar Panels Floating on Water Will Power Japan's Homes

More solar power plants are being built on water, but is this such a good idea?<p>Nowadays, bodies of water aren't necessarily something to build around—they're something to build <i>on</i>. They sport not just landfills and man-made beaches but also, in a nascent global trend, massive solar power …

Swiss central bank stuns markets with currency and rate ‘tsunami’

<i>These are stories Report on Business is following Thursday, Jan. 15, 2015</i>.<p><b>Swiss 'tsunami'</b><br>Switzerland's central bank truly shocked and awed financial markets today, with two shots heard 'round the world.<p>The franc soared and Swiss stocks plunged after the Swiss National Bank decision, rippling …

Business (Canada)

Faster than Light: Warp Drive - SpaceVision 2013

How the Great Food War Will Be Won

Heirloom carrots and leeks at a farmers market. (Photo: Cyclotourist)<p>By conventional wisdom it is excellent news. Researchers from Iowa have shown …

Opinion: Why $50 is the new ceiling for oil prices

LONDON (Project Syndicate) – If one number determines the fate of the world economy, it is the price of a barrel of oil CLG5, +0.00% . Every global …

Oil

kepler space telescope