Where the rubber meets the Hyperloop

Prince Alwaleed bin Talal, the billionaire Saudi Arabian investor, has warned that his country’s oil-dependent economy is increasingly vulnerable to competition from the US shale revolution, setting him at odds with his country’s oil ministry and Opec officials. In an open letter addressed to Ali Naimi, the Saudi oil minister, the prince called on theRead More

Is lower Chinese Manufacturing all part of the Plan?

China released a survey of purchasing managers yesterday and Chinese manufacturing is at an 11 month low. From Bloomberg: “China’s manufacturing weakened by more than estimated in July, according to a preliminary survey of purchasing managers that casts further doubt on the government’s ability to meet its annual economic growth (CNGDPYOY) target. The reading of 47.7 forRead More