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Mar 15, 2020

US should give citizens $1,000 a month to limit coronavirus impact on economy, strategist says

Posted by in categories: biotech/medical, economics, finance, government

Hong Kong’s government announced in late February that it would be giving every resident over the age of 18 a cash payout of 10,000 Hong Kong dollars, part of a package of measures aimed at reducing the financial blow to the territory from the COVID-19 outbreak and months of anti-government protests. At the time, the city’s Financial Secretary Paul Chan told CNBC the move could boost Hong Kong’s economy by around 1%.

The U.S. should follow Hong Kong’s lead and give a cash handout to its citizens amid the coronavirus pandemic, a strategist told CNBC Friday.

“This is not a financial crisis,” Andrew Freris, CEO of Ecognosis Advisory, told CNBC’s “Capital Connection.” “It is a crisis about the real economy.”

Continue reading “US should give citizens $1,000 a month to limit coronavirus impact on economy, strategist says” »

Mar 15, 2020

Fed Cuts Main Interest Rate to Near Zero, to Boost Assets

Posted by in categories: biotech/medical, economics, finance

The Federal Reserve swept into action on Sunday in a new bid to save the U.S. economy from the fallout of the coronavirus, cutting its benchmark interest rate by a full percentage point to near zero and promising to boost its bond holdings by at least $700 billion.

The central bank also announced several other actions, including letting banks borrow from the discount window for as long as 90 days and reducing reserve requirement ratios to zero percent. In addition, the Fed united with five other central banks to ensure dollars are available around the world via swap lines.

Fed Chairman Jerome Powell will hold a press conference at 6:30 p.m. Washington time to discuss the actions.

Mar 15, 2020

Zaha Hadid Saudi Arabia Architecture

Posted by in category: futurism

This architecture is out-of-this-world! 😲.

Mar 15, 2020

Astronomers discover scorching hot planet where it rains liquid iron

Posted by in category: space

On one particularly hot planet, hundreds of light-years away from Earth, the forecast is cloudy with a chance of liquid iron rain. Scientists recently discovered the bizarre exoplanet, which they referred to as one of the most “extreme” they’ve ever observed.

Using the Very Large Telescope (VLT) at the European Southern Observatory (ESO), researchers observed an “ultra-hot” giant exoplanet, where temperatures can exceed 2,400 degrees Celsius during the day — hot enough to vaporize metals.

One face of the planet, its “day side,” is always facing its parent star and permanently roasting, while the cooler “night side” remains in constant darkness. Because of this, when strong winds push vaporized iron to the night side, it condenses into droplets, creating an iron rainstorm.

Mar 15, 2020

New Warning Issued For All WhatsApp And iMessage Users: ‘Major Threat’ To Encryption

Posted by in category: encryption

Is this the beginning of the end for secure messaging?

Mar 15, 2020

Welcome to the Dark Aegir

Posted by in category: futurism

The Pandemic of our century has arrived. We will be judged by our own actions.

Every hundred years a Pandemic comes and cuts down the population. It is now our turn. We will be judged by history for the actions or inactions we will take going forward.

The one thing I want you all of you to remember is that we are all human being. We are imperfect intelligent animals. We have our good points, our bad points, and our own fears. This is not to be viewed negatively.

Continue reading “Welcome to the Dark Aegir” »

Mar 15, 2020

Battelle-Led Team Wins DARPA Award to Develop Injectable, Bi-Directional Brain Computer Interface

Posted by in categories: biotech/medical, business, government, military, neuroscience, robotics/AI

Here’s an exciting concept that was actually first discussed in 1959 by Richard Feynman in an article entitled “There’s Plenty of Room at the Bottom”.

I am most interested in this technology for mind uploading.

“Battelle’s N3 concept for a minimally invasive neural interface system, called BrainSTORMS (Brain System to Transmit Or Receive Magnetoelectric Signals), involves the development of a novel nanotransducer that could be temporarily introduced into the body via injection and then directed to a specific area of the brain to help complete a task through communication with a helmet-based transceiver.”

Continue reading “Battelle-Led Team Wins DARPA Award to Develop Injectable, Bi-Directional Brain Computer Interface” »

Mar 15, 2020

DARPA taps four companies for critical unmanned underwater vehicle tech

Posted by in categories: robotics/AI, transportation

DARPA has announced the four companies it has selected to work under its Manta Ray Program. Three of the companies will be tasked with developing ‘an integrated solution’ for the program’s operational and technology areas, according to DARPA. The fourth company will instead focus on the topic of undersea energy harvesting options capable of working at the depths DARPA has planned.

Mar 15, 2020

Whole Foods Suggests That Workers Share Paid Time Off During Coronavirus

Posted by in categories: biotech/medical, food

Whole Foods could afford to offer employees unlimited paid sick time during the Coronavirus outbreak. Instead, they have suggested that employees donate their accumulated paid time off to their coworkers.

Mar 15, 2020

City of Boulder Issues Local Emergency Declaration

Posted by in categories: biotech/medical, business, health

Disaster emergency is in response to the global COVID-19 pandemic and the effects it is having on the city.

The City of Boulder has declared a local disaster emergency in response to the global COVID-19 pandemic and the effects it is having on the city.

City Manager Jane Brautigam issued a disaster emergency declaration today effective at 6 p.m. This creates a state of emergency for Boulder. The declaration provides the city manager with tools necessary to protect the public health and safety. The City Manager has authority to issue a disaster emergency declaration for a period of up to 7 days. To be effective for more than 7 days, the declaration must be confirmed and extended by the city council. Staff will ask the city council to consider doing so at the March 17, 2020 council meeting. The disaster emergency declaration provides the city manager with the authority to, among other things, order a curfew, limit large gatherings, close streets and sidewalks and order businesses to close. Violation of any emergency order would be punishable by a fine of up to $1000 and up to 90 days in jail.