Chinese exporters are bracing for a potential trade war with the US, as former President Donald Trump’s plans to impose tariffs of 60 percent or more on Chinese imports have sparked concerns about the impact on their businesses. Li Wei, a glass-making entrepreneur in northern China, has seen his US exports drop sharply in recent…
finance on The Soothsayer / page 14
Physicists in California have conducted field experiments that suggest intermittent bursts of embers play a significant role in the spread of wildfires. The research, which involved building a bonfire and tracking embers, has called into question previous fire models and highlights the need for more accurate predictions to prevent infrastructure damage and loss of life….
A mathematician from the University of Toronto, Daniel Litt, has been sharing probability puzzles on social media, captivating tens of thousands of people worldwide. His posts have sparked lively discussions among experts and non-experts alike, highlighting the limits of mathematical intuition and the counterintuitive nature of probabilistic reasoning. Forecast for 6 months: The popularity of…
The US presidential election between Democratic candidate Kamala Harris and Republican nominee Donald Trump has left investors on edge, with the outcome uncertain for days. As a result, global markets are experiencing caution, with US stock indexes trading flat to lower. The Federal Reserve’s decision to cut its benchmark policy rate is also expected to…
Proptech startup MoradaUno is revolutionizing the rental market in Latin America by providing a solution to the restrictive deposit and guarantor requirements. The company’s underwriting process helps landlords feel more secure, making it easier for tenants to rent apartments. With a recent $5.6 million Series A funding, MoradaUno plans to expand its services to more…
Oil giant BP has announced the cancellation of 18 early-stage hydrogen projects, sparking concerns about the future of the nascent industry. This move is expected to have a significant impact on the development of green hydrogen, which has the potential to reduce carbon pollution in various industries. The decision is seen as a setback for…
A team of researchers has made a groundbreaking discovery that could revolutionize potato farming. By understanding the genetic mechanism that controls nitrogen management in potatoes, scientists may be able to develop varieties that require less fertilizer, saving farmers money and reducing the environmental impact of potato cultivation. Forecast for 6 months: Within the next six…
