ABU DHABI / WAM The newly established Advanced Technology Research Council (ATRC) on Wednesday announced its plans to drive the creation of future transformative technologies with the launch of its dedicated technology programme management pillar, ASPIRE. ASPIRE works in consultation with cross-sector industry stakeholders to frame problem statements that can be solved through research and development. By defining the problem, ...
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Agri registry project launched in Abu Dhabi
ABU DHABI / WAM The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) has launched the “Agricultural Registry†project to build an accurate and comprehensive database for the agricultural sector in the Abu Dhabi Emirate. It will help estimate local production, update farm and farm owners’ data, and link such data directly to the databases of Abu Dhabi Digital Authority ...
Read More »Nigeria starts micro refineries
Bloomberg Nigeria’s efforts to revamp its aging refineries may be bogged down due to a lack of resources, but Africa’s top oil producer is moving ahead with mini-plants in an effort to help end its dependency on fuel imports. The country’s first modular refinery, built by independent producer Waltersmith Petroman Oil Ltd, began operations in the southeastern Imo state earlier ...
Read More »Tokyo Gas plans to build offshore wind project
Bloomberg Tokyo Gas Co plans to develop one of Japan’s largest offshore wind projects as the nation looks to a major expansion of the technology to achieve net-zero emissions by 2050. The 600-megawatt facility — about 30 times larger than the nation’s existing capacity — is planned to be built off the coast of Chiba prefecture, east of Tokyo, if ...
Read More »Trump lost. Republican leaders need to say so
Could anyone have doubted that Donald Trump would go out like this? Having lost the election decisively — by 74 votes in the Electoral College, and by 6 million and counting overall — he has availed himself of every imaginable scheme to undermine the vote’s legitimacy and obscure what was plainly a fair and square victory for his opponent, President-elect ...
Read More »Europe’s failings are back on display
In the first half of 2020, Europe mounted a bold and swift economic response to the Covid recession. As the second wave of the pandemic triggers a new slowdown, policy makers appear to have lost some of their mojo. Governments are struggling to deal effectively with the health crisis, as they dither between keeping economies open and imposing new restrictions. ...
Read More »Goldman Sachs in Paris is another blow for London
As Britain draws close to its exit from the European Union, a diminished role for the City of London looks ever more likely. This may be a gradual change, and its potential scale may be debated, but parts of the financial infrastructure built up over decades are ready to hop across the Channel. News that Goldman Sachs Group Inc is ...
Read More »Vaccine distribution shouldn’t be fair
As an increasing body of evidence suggests America’s new anti-Covid vaccines are both efficacious and safe, the question of how to distribute those vaccines assumes greater importance. One poll suggests that Americans think healthcare workers, the elderly and people with compromised immune systems should receive vaccines very early. But what to do after that? There is an uncomfortable truth here: ...
Read More »China, Japan race to dominate future of high-speed trains
Bloomberg Japan and China are racing to build a new type of ultra-fast, levitating train, seeking to demonstrate their mastery over a technology with big export potential. Magnetic levitation, or maglev, trains use powerful magnets to glide along charged tracks at super-fast speeds made possible by the lack of friction. A handful of short distance and experimental maglev trains are ...
Read More »Rain to boost India’s agriculture growth
DUBAI / WAM India’s farm sector growth will likely be the highest in three years as better-than-normal rain helped farmers to boost output of crops, including rice, sugar cane and soybeans. Agriculture growth in the year that began in April will surpass the 4% level achieved in 2019-20, said Atul Chaturvedi, president of the Solvent Extractors’ Association of India. That ...
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