Four great news apps to keep you updated every day

The finance sector offers a variety of apps from established names such as CNBC, The Financial Times, Fox and others. However, the style, layout, usability and depth of the Bloomberg Business News app makes this one our finance news app of choice

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Why America must Avoid a Trade War With China

Essentially, the United States will have to return to 1930s levels of economic activity to survive a trade war with China. For instance, much of the population will have to do without new consumer goods for years; or never, to harm the People’s Republic. In addition, the United States could have to endure several years of 25% or 30% unemployment.

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Porsche Kills Diesel

Porsche is still committed to gasoline, despite its well-publicized electric car plans.

“Petrol engines are well suited for sporty driving,” Blume told the press.

Despite Blume and Lutz’s pronouncements, Porsche plans to invest €6 billion ($7 billion) in electrification, Tech Crunch estimates. Markedly, half of all Porsche vehicles could feature an electric drive by 2025.

Importantly, Porsche will invest $580 million (€492 million) to make the Taycan a reality. The Taycan is the all-electric sports car formerly known as the Mission E. Auto industry observers expect the Taycan to reach the market in 2019.

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The Growing Attraction Of Seniors To The Internet

There may be various reasons why elders love the internet. While some of them use the internet for healthcare purposes, others want to explore the world through online videos. Many use it to stay in touch with their children, grandchildren, or other family members via social networks, email, or video calls.

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Why America will devalue the Dollar

On the positive side there are many ways speculators can profit from dollar devaluation.

Americans ignore one of the greatest benefits of currency devaluation. Notably, a weaker currency makes it easier to pay off debts.

Dollar devaluation is attractive because America is awash in debt collegedebt reports. For instance, Americans owed $1.624 trillion in student loans, $882.6 billion in credit card loans, and $750 billion in auto loans on 23 September 2018.

I suspect that Trump is already under intense pressure from Wall Street to devalue the dollar. Goldman Sachs (NYSE: GS) and company are pressuring Trump for devaluation because they are afraid of a debt bubble. Investment bankers can force Trump to devalue the dollar by giving money to his political opponents.

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Nuclear Weapons are a Greater Threat than You Think

Al Qaeda terrorists came may have come close to seize to getting their hands on a nuclear-tipped missile in 2014. A group of airmen guarding nuclear missiles were disciplined for using LSD

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Eni Executive Hot Fusion Reactor would Cost $3 Billion

The reactor would power around 150,000 homes; or a city about the size of Norwich, England. This estimate is based on the standard calculation that a megawatt is enough electricity for 750 homes.
A megawatt is one million watts of electricity, so the reactor would generate 200 million watts of electricity. That reactor would have the capacity to generate electricity as soon as it was up and running.

“After the transition to renewable energy, the real breakthrough technologically is nuclear fusion,” Robert Casula told Reuters. Casula thinks it would cost $3 billion to develop and build a 200-megawatt fusion reactor and it might be up and running by 2033.

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MIT starts Commercializing Hot Fusion

“Researchers at MIT have designed a way to use high-temperature superconductors to produce powerful magnetic fields that provide superior confinement of the hot plasma — enabling a net energy fusion device at much smaller scale than did previous experiments,” MIT Vice President for Research Maria T. Zuber wrote in The Boston Globe.
Commonwealth Fusion Systems was founded by former MIT students and researchers that want to commercialize hot fusion. Commonwealth has also received some money from unidentified “U.S. Investment Funds,” Zuber claimed.

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One in 10 Americans under 18 is a Self-proclaimed Atheist

Bama found that 14% of Generation Z members admitted to having no religion (or opinions on religion), and 8% of them identified as agnostics. If Bama’s polls are correct 35% of Generation Z; or more than third, profess no religion whatsoever. More tellingly, 21% of Generation Z members, or two in 10 were willing to identify as secularists.

Around 24% of Generation Z members surveyed by Bama admitted that they believe science disproves the Bible. Around 17% of Generation Z thought that the Bible and science are conflict, but accepted the Bible as fact. This means that 41% of Generation Z’s members think the Bible and science are in conflict.

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