China manufacturing downturn - 0 views
Mexico copper output falls in August - 0 views
In search of the smart grid - 0 views
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But the investment needed to restore the ageing grid infrastructure has been lacking. In the US, for instance, an estimated $50bn to $75bn would be needed to update the existing infrastructure and give the US what it has never had - a truly national transmission network that would balance the load across the entire country.
Panasonic Rolling Out Electronics Recycling Program - 0 views
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Recycling electronics is never easy, so it's extremely helpful when electronics companies take it upon themselves to help out. Panasonic announced today that is creating a program in the United States to let consumers easily recycle Panasonic products free of charge. The program, which is scheduled to start November 1, is being managed by the Electronic Manufacturers Recycling Management Company-a joint venture between Panasonic, Toshiba, and Sharp.
GE Gets Smart With Energy-Managing Appliances - 0 views
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This week, GE announced that in the first quarter of next year the company will "introduce" energy management-enabled appliances that can be controlled remotely by the local utility. GE says it is working on smart refrigerators, ranges, washer and dryers, dishwashers and microwave ovens, and it will use some of the first smart appliances in select homes in a pilot program in Louisville, Ky., with Louisville Gas and Electric Company.
The end of Bretton Woods 2? - 0 views
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The Bretton Woods 2 system – where China and then the oil-exporters provided (subsidized) financing to the US to sustain their exports – will come close to ending, at least temporarily. If the US and Europe are not importing much, the rest of the world won’t be exporting much.
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And rather than ending with a whimper, Bretton Woods 2 may end with a bang. In some sense Bretton Woods 2 has been on life support for a while now. China’s recent export growth has depended far more on Europe than on the US. US demand for non-oil imports peaked in 2006. One irony of the past year is that the US was borrowing far more from China that it was buying from China. Campaign rhetoric that the US was paying for Saudi oil with funds borrowed from China isn’t far off – though it leaves out the fact that the US also borrows from Saudi Arabia to pay for Venezuelan, Mexican and Nigerian oil.
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If Bretton Woods 2 ends in 2009 – if US demand for imports falls sharply in the last part of 2008 and early 2009, bringing the US trade deficit down – it won’t have ended in the way Nouriel and I outlined back in late 2004 and early 2005. We postulated that foreign demand for US debt would dry up – pushing up US Treasury rates and delivering a nasty shock to a housing-centric economy. As Brad DeLong notes, it didn’t quite play out that way. The US and European banking system collapsed before the balance of financial terror collapsed. Dr. DeLong writes: All of us from Lawrence Summers to John Taylor were expecting a very different financial crisis. We were expecting the ‘Balance of Financial Terror’ between Asia and America to collapse and produce chaos. We are not having that financial crisis. Instead we are having a very different financial crisis. Catastrophic failures of risk management throughout the entire banking sector caused a relatively minor collapse in housing prices to freeze up global finance to a degree that has not been seen since the Great Depression. The end result of this crisis though could be rather similar: a sharp contraction in credit, a fall in US economic activity, a fall in US imports and a fall in the amount of foreign financing the US needs.* The US government is (possibly) trying to offset the fall in private demand by borrowing more and spending more — but as of now there is realistic risk that the fall in private activity will trump the fiscal stimulus.
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BHP Billiton: Long-Term Stainless Steel Demand To Be Robust - 0 views
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SYDNEY -(Dow Jones)- BHP Billiton Ltd. (BHP.AU) said Tuesday it expects stainless steel demand to be robust over the long-term, underpinned by China's ongoing urbanization and industrialization, the miner said in a presentation to analysts on a site tour at its nickel operations in Western Australia.
World Metal Powders Market to Reach $5.7 Billion by 2012, According to New Report by Gl... - 0 views
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Driven by technological advances in powder metals (P/M) forging, spray forming, hot isostatic pressing, direct powder rolling, high temperature vacuum sintering and metal injection molding, the world metal powders market is projected to reach $5.7 billion by the year 2012. Growing popularity in the use of new equipment components made from powered metallurgy in industries such as electronics, aerospace, automobile, and mechanical engineering, is expected to offer expanded market opportunities for future growth.
Lightbulbs Could Replace Wi-Fi Hotpsots - 0 views
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Boston University's College of Engineering is launching a program, under a National Science Foundation grant, to develop the next generation of wireless communications technology based on visible light instead of radio waves. Researchers expect to piggyback data communications capabilities on low-power light emitting diodes, or LEDs, to create "Smart Lighting" that would be faster and more secure than current network technology.
Xstrata copper output down 8% - 0 views
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