A new study by the World Bank and the International Finance Corp. found that the U.S. ranks well behind countries like Rwanda, Belarus and Azerbaijan in terms of how easy it is for an entrepreneur to start a new business. The U.S. did narrowly beat Uzbekistan, though.
Dr Xing Li, an Aberystwyth University expert on astrophysics and cosmology, said as a scientist it would be “beautiful” to be one of SpaceShipTwo’s privileged passengers.
But SpaceShipTwo travels at a super-sonic 2,500mph – more than four times faster than a passenger jet – and Dr Li believes it’s difficult to imagine anything that goes at that speed becoming affordable.
He said: “Now we don’t have supersonic flights because of the cost issue. At the moment I don’t see that it will be possible even in 30 or 40 years. It will only happen if we have some technological advance that would bring down the cost.”
It really is embarrassing that we have such an awful newspaper in the second-largest city in the country. Of course, the one in the largest city is pretty bad, too.
German businesses are considering jumping ship for cheaper energy prices in the developing world or (gasp!) the United States. For households, these subsidies have acted like a particularly regressive tax. The poor [more] feel the bite of higher electricity bills than do the rich. Germany’s new energy and economy minister Sigmar Gabriel is expected to announce a plan to cut renewable energy subsidies later this week in an effort to keep electricity prices down. That will be a step in the right direction, but significant damage has already been done.
And all in the name of junk science and pseudo-religion.