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Venezuela sees saviour in gold as country fights to avoid default

Caracas / Bloomberg Venezuela is planning to move fast with a new mining joint venture announced this week with Spokane, Washington-based Gold Reserve Inc. and will start extracting the precious metal within six months, according to central bank President Nelson Merentes. The government will have a 55 percent to 60 percent stake in the new venture, while Gold Reserve and ...

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Miracle matter that could flex phones

AFP Bendable mobile phones, quick-charge batteries and unbreakable touch screens — technology firms are racing to harness the potential of graphene, a wonder material which scientists say could transform consumer electronics. A fine sheet of pure carbon, graphene is as thin as an atom, making it the skinniest material known. At the same time though, it is 100 times stronger ...

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Musical cuboids that echo business too

DPA An enterprising music-lover is producing what look like simple wooden boxes, but are in fact cajons, a fast-rising musical instrument which all the hippest bands now want to play. “The first time I saw a cuboid like this was at a concert. I was thrilled,” Markus Meyer recalls. The German, who had been fascinated by musical instruments since childhood, ...

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