Ukraine has been a very effective proving ground for the use of contemporary information technology in war, from satellite dishes to smartphone apps, Eric Schmidt, the former Google chief executive, said Monday.. - Field intelligence from citizen apps - Two apps meanwhile got citizens directly involved, Schmidt said.
Stock markets rallied Monday, building on last week's momentum as investors priced in the expectation of further interest rate hikes aimed at taming decades-high inflation.. Investors worldwide are awaiting key US consumer price data for August, due Tuesday, with the annual inflation pace expected to ease to eight percent -- still well above the Fed's target of two percent.
An uncrewed Blue Origin rocket carrying research payloads crashed shortly after liftoff from Texas on Monday, but the capsule carrying experiments escaped and floated safely back to Earth.. Passengers experience a few minutes' weightlessness and observe the curve of the Earth before the capsule re-enters the atmosphere and floats down for a gentle desert landing.
An uncrewed Blue Origin rocket carrying research payloads crashed shortly after liftoff on Monday, but the capsule carrying experiments escaped and floated safely back to Earth, Jeff Bezos' space company said.. Passengers experience a few minutes' weightlessness and observe the curve of the Earth before the capsule re-enters the atmosphere and floats down for a gentle desert landing. ia/bgs
President Joe Biden issued an executive order Monday boosting the US biotech sector as part of his Cancer Moonshot initiative, which invokes the national effort to land a man on the Moon 60 years ago.. "Sixty years after my father challenged Americans to land on the moon, President Biden is welcoming great challenges as new opportunities by setting us on a bold course to end cancer as we know it," she said.
An auction to pay out insurance on Russia's unpaid debt was due to take place on Monday, an event formally marking the sanctions-hit country's first foreign default in more than a century.. - 'Credit event' - International ratings agencies, the institutions that decide whether are country is in default, were unable to officially declare whether Russia was in default due to sanctions prohibiting them from covering Moscow's debt.
The UK's recession-threatened economy rebounded in July, data showed Monday, but is set to receive a further hit from a public holiday marking next week's funeral of Queen Elizabeth II. British gross domestic product expanded 0.2 percent after a drop of 0.6 percent in June, the Office for National Statistics said in a statement.. Pantheon is predicting the funeral to hit September GDP by 0.2 percent.
Mongolia has launched a rail line that could help boost coal exports to China to 50 million tonnes a year, the country's president said, ending a decade-long wait for the crossing.. The 233-kilometre (145-mile) Tavan Tolgoi rail line has the capacity to export between 30 million and 50 million tonnes of coal to China annually, according to Tavantolgoi Railway LLC, the state agency that built the line.
Asian markets rallied in early trading on Monday, building on the momentum of gains in the United States and Europe at the end of last week, as investors price in the expectation of further interest rate hikes aimed at taming inflation.. Traders expect the Fed to impose another large hike in interest rates next week, after two 75-basis-point increases already.
An army of computer programmers scattered across the globe is set to attempt one of the biggest software upgrades the crypto sector has ever seen this week to reduce its environmentally unfriendly energy consumption.. At the moment, so-called crypto miners use energy-guzzling rigs of computers to solve puzzles that reward them with new coins -- a system known as "proof of work".
