Saturday, March 3, 2018

Welcome to Dubai 2.0 - Bloomberg

Welcome to Dubai 2.0 - Bloomberg



...Much of the Arab world is mired in violence, poverty and unemployment, and yet in Dubai they’re busy working on sending a probe to the red planet within three years. It’s part of the latest package of eye-catching ambitions that include printing three-dimensional buildings, running the city on blockchain data technology and introducing hoverbikes and driverless drone taxis.



...Now it’s about how to keep the party going, even one in a country where unmarried couples can’t legally live together and where free voice calls over the Internet and Apple’s FaceTime are blocked.

Bruce
...At the Mohammed bin Rashid Space Center in a desert area outside downtown Dubai, the plan is for the Mars probe to launch in summer 2020 with help from three universities in the U.S. It’s being developed by a team of about 160 Emiratis—40 percent of them women—with an average age of 27.

Inside the space center, civil engineer Shaikha Ahmad Al Falasi, 24, gives a tour of a prototype of a smart house that lowers energy consumption by using solar energy only, an air conditioning system based on chilled water and thermal and air insulation techniques.

There’s a belief among Emiratis that “impossible isn’t a notion because we saw visual changes that happened right in front of us,” said Al Amiri, the minister. “It’s this understanding that people abroad don’t get.”

Rakuten will roll its $9B loyalty program into a new blockchain-based cryptocurrency, Rakuten Coin | TechCrunch

Rakuten will roll its $9B loyalty program into a new blockchain-based cryptocurrency, Rakuten Coin | TechCrunch



The company is planning a new cryptocurrency called Rakuten Coin — built on blockchain technology and the company’s existing loyalty program, Rakuten Super Points — which it plans to use to encourage loyalty services globally and to help customers to buy goods across different Rakuten services and markets.

As a U.S. Ally, Turkey Is Turning Into the Next Pakistan - Bloomberg

As a U.S. Ally, Turkey Is Turning Into the Next Pakistan - Bloomberg



scary



...At a rally at Kahramanmaras, the Turkish leader brought a trembling 6-year-old girl on stage dressed in military garb and told her she would be honored if she died as a martyr. He sounded like a terrorist. We expect this kind of child abuse from the fanatics in Hamas or Hezbollah. Erdogan though is the leader of an important NATO ally.

Turkey is beginning to resemble Pakistan, a perpetually failing state whose military leadership has tolerated and advanced a vision of political Islam deeply hostile to U.S. and Western interests.

China Is Turning Ethiopia Into a Giant Fast-Fashion Factory - Bloomberg

China Is Turning Ethiopia Into a Giant Fast-Fashion Factory - Bloomberg



...“The government is very committed to us,” he says. “They had workers here 24 hours, day and night, to build this place. And there is no corruption. None!”

Hawassa Industrial Park did go up quickly, thanks to a state-owned Chinese construction company that banged out 56 identical hangar-size, red-and-gray metal sheds devoted to textile production in nine months, for $250 million, according to the Ethiopian Investment Commission.




Boeing Is Getting Ready to Sell Flying Taxis Within a Decade - Bloomberg

Boeing Is Getting Ready to Sell Flying Taxis Within a Decade - Bloomberg