MindBullets
MemberZone
GuruZone
FuturesForum
News, commentary, debate and access to FutureWorld's complete knowledge base
Share FutureWorld Futures Forum RSS feed Follow FutureWorld on Facebook
Dividing line
Filtered by tag: Economics
Next >>
Dividing line
 
COLLAPSE OF RUBLE THWARTS RUSSIA’S NUCLEAR AMBITIONS
Published on: 22 January 2015  
MindBullet picture
Putin blames oil price for Russia's cash crunch
Dateline: 5 January 2017
The oil price plunge could not have come at a worse time for Russia. Just as Putin was flexing his muscles, taking back Crimea and calling the shots over gas deliveries, the value of Russia's major export commodities collapsed. As oil more than halved in value, demand for Russia's inexhaustible natural gas also dried up. Sanctions against Russia's involvement in Ukraine were helping EU states to turn to cheap Saudi oil instead. The ruble took an immediate pounding as Russian oligarchs sought to ...
Dividing line
 
Solar realities in Hawaii
Posted: 20 January 2015  
A really interesting perspective on the realities and problems of operating alternative energies on an existing power grid. While the Hawaiian Island of Kauai has made great strides on implementing solar power - heading towards an astonishing 80% of peak power - battery technology is not always able to cope with engineering reality. But massive investments into new battery technology are ...
Battery Performance Is Hurting Hawaii’s Solar Push | MIT Technology Review
20 January 2015
Kauai’s utility takes a second stab at battery storage as solar heads toward 80 percent of peak power.
MindBullet logo COAL HITS US$10 PER TON AS SOLAR POWER SHINES
Nano solar films bring cheap energy to sunshine states
Dateline: 5 May 2018
It's hard to believe that a mere decade ago fossil fuels were at a premium, and everyone talked of 'peak oil' and the high prices of natural gas and coal. ...
Dividing line
 
One web for the whole wide world
Posted: 19 January 2015   1 Comment
Funded by Qualcomm and Virgin, OneWeb hopes to construct a giant constellation of microsatellites that will beam internet access to all corners of the globe. From O3B to Google Loon and Facebook drones, there are several initiatives aimed at getting increased internet access to under-served areas.

I'm all for increasing the options for a truly global wireless network, but the cynic in me says ...
World's largest satellite constellation to provide global internet access
19 January 2015
According to the International Telecommunications Union, over half of the world's population has no access to the internet. A new plan, however, could ...
MindBullet logo THE FINAL (BUSINESS) FRONTIER
Space tourism and satellite launches compete for profits
Dateline: 27 September 2015
The race to launch a successful private space business has been won - and the victor, surprisingly, is not Virgin's Sir Richard Branson, but a 40-year-old ...
Dividing line
 
India's growth to overtake China
Posted: 19 January 2015  
As the world order shakes, rattles and rolls, some win and some just don't. India, no doubt with momentum under its new PM growing, looks toward a brighter future.
World Bank: India to Become Fastest-Growing Big Economy
19 January 2015
People are already having fun with Linkis.com, sharing links easily and customizing them in few simple clicks.
MindBullet logo INDIA & CHINA FORM POWER BLOC
Nuclear energy central to plans for world domination
Dateline: 5 May 2014
India and China may be the unlikeliest of partners, but the continued demand for clean energy has brought the world's most populous nations into an ...
Dividing line
 
EXERCISE GENIE IN A BOTTLE
Published on: 15 January 2015  
MindBullet picture
Beating obesity one drink at a time
Dateline: 15 March 2026
In the race for the perfect health and energy drink, Eltsen will go down in history as the ultimate winner. Eltsen has figured out how to stimulate the main enzyme that regulates the human metabolism, which in effect means that people can burn fat without having to engage in strenuous exercise. A 30-minute jog can be replaced by one glass of EGIAB (Exercise Genie In A Bottle) and 10 minutes of YouTube aerobics. About 10 years ago we saw people hydrating themselves with smart drinks which boosted ...
Dividing line
 
The Xiaomi generation
Posted: 13 January 2015  
There's a new brand set to dominate the consumer tech space in China, and that's Xiaomi. They're becoming the trendiest smartphone maker and soon the internet of things for their adoring fans, and that's the secret to their success.

"There is a younger generation, though, the Xiaomi generation, that has grown up in a country that has been growing by near double digits every year they have been ...
Xiaomi's Ambition - stratechery by Ben Thompson
13 January 2015
Xiaomi is a hard company to understand if you only think of them as a smartphone maker. In fact, they want to own the entire house of their true fans.
MindBullet logo MIDDLE KINGDOM REIGNS SUPREME
China beats the odds and the analysts and doubles its economy in a decade
Dateline: 8 August 2025
China has proven all its detractors wrong - again. Despite predictions of economic collapse by global doomsayers, China has doubled its GDP in ten years, ...
Dividing line
 
This time is different
Posted: 2 January 2015  
Bloomberg is picking up on something we hinted at in our MindBullet on the subject of falling oil prices. It's not just a blip in the market. There are fundamental changes underway. The longer term scenario is a shift of power and economic prosperity that was unthinkable, until now.
This Era of Low-Cost Oil Is Different
2 January 2015
The world is experiencing much more than a temporary dip in oil prices.
MindBullet logo GOLD AT $800, OIL AT $64
The mini-boom is on
Dateline: 6 November 2016
Two years ago we saw the first faltering of the oil price, as Brent crude dipped below US$80 per barrel. Gold was also weak, at about US$1100 per ounce. ...
Dividing line
 
Back to the retro future
Posted: 31 December 2014  
David Boyle claims that technological change is not accelerating, and that we're going back to real things over digital products. He has a point, up to a point, but I believe digital technologies are radically changing the way the world works, especially in consumer lifestyles and business lifecycles.

Take space travel. Sure, we went to the moon in 1969. But the way SpaceX is changing the ...
The future? We’ve seen it all before
31 December 2014
David Boyle: It’s not true that technological change is accelerating. In fact we’re clinging more to reality as the virtual world encroaches
MindBullet logo IS THIS THE END OF INNOVATION?
The pace of technology advances slows as all invention is outsourced to computers
Dateline: 3 March 2033
We are in trouble. We've reached the end of the road. Like the mythical serpent devouring itself from the tail, we have progressed in ever decreasing ...
Dividing line
 
WHAT BILL GATES WANTS FOR CHRISTMAS
Published on: 25 December 2014  
MindBullet picture
The new lifestyles of the rich and famous leave luxury brands in the lurch
Dateline: 22 December 2021
The glitzy shopping mall might have been the Mecca of money in the nineties, but no more. The higher level need for amazing experiences is replacing the accumulation of bling and BMWs - for those with deep pockets at least. There's a huge disparity when it comes to what consumers want. Millionaires and billionaires in America and Asia are no longer interested in Louis Vuitton luggage and Jaguar convertibles. Instead, the wealthy are forking out thousands for experiences they deem valuable, ...
Dividing line
 
At home on the city farm
Posted: 18 December 2014  
A while ago, seven years to be exact, we published this MindBullet about farms in city skyscrapers. Now it's an actual proposal for a retirement complex in Singapore. Could it work?
HOMEFARM VERTICAL FARMING RETIREMENT HOUSING - SERIOUS WONDER
18 December 2014
HOMEFARM VERTICAL FARMING RETIREMENT HOUSING could be the future of elderly care. Futurist GRAY SCOTT for SERIOUS WONDER.
MindBullet logo SKYSCRAPER FARMS SOLVE URBAN FOOD SUPPLY CHAIN
Indoor farming produces fresh food where it's needed - in the store
Dateline: 1 May 2030
New thinking in urban design, plus new technologies, are turning city blocks into self-contained 'country villages'. Hydrogen fuel cells and community ...
Dividing line
 
Gasoline, electric or hybrid?
Posted: 15 December 2014  
Electric cars are doing pretty well in some urban markets, with the BMW i3 claiming to have sold 12,000 units in the last year. The market is still very fragmented, and now hydrogen fuel cell cars are making their way onto the scene. Personally I think these are the least likely to get mass adoption, but then, with the oil price dropping, perhaps a return to gasoline-electric hybrids will ...
Fuel Cell Vehicles Aren’t Yet Greener than Hybrids
15 December 2014
Hybrids are a much more cost-effective way to reduce carbon emissions than newly released hydrogen fuel cell cars.
MindBullet logo FUEL CELLS TO THE RESCUE OF PLUG-IN ELECTRIC CARS
There's a resurgence in EVs, thanks to cheap fuel-cell technology and hydrogen
Dateline: 9 August 2016
Once the darling of the US administration, fuel-cell vehicles were the future of clean, green motoring. Fuel cells running on hydrogen produce only water ...
Dividing line
 
What is the 'bottom' level for the oil price?
Posted: 14 December 2014  
A few years ago $40 a barrel seemed 'impossible'. But what would happen if the oil price dropped way below that? Take a look at this scenario from more than a decade ago.
Opec willing to push oil price to $40 says Gulf oil minister
14 December 2014
Senior Opec ministers says cartel has no fear of oil prices falling to levels as low as $40 per barrel amid price war with Russia and US shale
MindBullet logo OIL $5 A BARREL!
THE PRICE OF CRUDE OIL PLUMMETS AS THE USA SHUTS THE DOOR
Dateline: 3 February 2009
Global markets reeled today as America announced a total embargo on oil imports from the Middle East. The move effectively smashes the stranglehold of ...
Dividing line
 
Oil heading for a wild ride
Posted: 11 December 2014  
When we published this MindBullet not even a month ago, we were pretty sure that oil would drop, but we didn't expect it to be this fast or this far. Perhaps our scenario wasn't crazy enough!

Bank of America forecasts deep structural shifts that will have profound consequences:
"The free market will now set the global cost of oil, leading to a new era of wild price swings and disorderly trading ...
Bank of America sees $50 oil as Opec dies - Telegraph
11 December 2014
The Opec oil cartel no longer exists in any meaningful sense and crude prices will slump to $50 a barrel over the coming months as market forces shake out ...
MindBullet logo GOLD AT $800, OIL AT $64
The mini-boom is on
Dateline: 6 November 2016
Two years ago we saw the first faltering of the oil price, as Brent crude dipped below US$80 per barrel. Gold was also weak, at about US$1100 per ounce. ...
Dividing line
 
THE NEW COLD WAR INTENSIFIES
Published on: 11 December 2014  
MindBullet picture
Business in the firing line as governments spar
Dateline: 2 April 2015
Forget about McDonald's trying to outperform KFC or Coca-Cola aiming to increase sales over Pepsi. Those were the days, my friend! Lately, businesses are primarily competing against governments' geopolitical agendas - and then against each other. Let's refer to the best case in point: Russia. Following the Crimean crisis, the 2014 sanctions against Russia and Donetsk have been ratcheted up, but Russia has decided that the party is not nearly merry enough yet. After banning several G20 nations ...
Dividing line
 
PEAK OIL IS HORSE MANURE
Published on: 4 December 2014  
MindBullet picture
The stone age didn't end because we ran out of stones
Dateline: 20 January 2021
Back in the day, when horse drawn carriages and buggies were the preferred mode of transport for anyone, there was a big fear in Paris, London and New York that there wouldn't be enough stabling for all the horses required in the future, to say nothing of all the manure that was piling up in the streets. Then we invented motor cars, and the problem of peak horse manure disappeared. That's a salutary tale to bear in mind when we talk of peak oil. There will be a time when our consumption of oil ...
Dividing line
 
Thought-provoking writing...
Posted: 3 December 2014  
...that really gets those grey cells going. Highly recommend this online magazine!
Science - Aeon Magazine
3 December 2014
Some of our greatest cultural and technological achievements took place between 1945 and 1971. Why has progress stalled?
MindBullet logo IS THIS THE END OF INNOVATION?
The pace of technology advances slows as all invention is outsourced to computers
Dateline: 3 March 2033
We are in trouble. We've reached the end of the road. Like the mythical serpent devouring itself from the tail, we have progressed in ever decreasing ...
Dividing line
 
Oil, gas and the Russian winter
Posted: 2 December 2014  
When Russia strolled into Crimea and simply 'took it back' it seemed that Putin was holding all the cards. What could the West really do about it? Gazprom was an energy giant that most of Europe was at least partially dependent on, and Russian oil was needed everywhere, including China.

Or was it? With oil prices plunging, Russia's house no longer looks so cosy, and Putin's deck looks weak. ...
Russia intervenes as crumbling ruble echoes 1998 debt crisis
2 December 2014
Collapse in Russian currency, which has been badly buffeted by a plunge of almost 40% in oil prices, prompts central bank action
MindBullet logo GAZPROM THE BIGGEST CASUALTY IN CRIMEA CRISIS AFTERMATH
Merkel declares Germany free of Russian gas
Dateline: 5 April 2019
Yesterday, Chancellor Angela Merkel announced that Germany had achieved a new level of energy security and independence. "It has taken us five years to ...
Dividing line
 
THE MIDDLE CLASS IS DYING
Published on: 27 November 2014  
MindBullet picture
There's a growing gap between the have-lots and have-very-littles
Dateline: 3 July 2024
In 2014 the richest one percent owned 48% of the world's wealth (US$ 127 trillion). It's ten years later and they just keep on getting richer while the middle class is shrinking at an alarming rate. Because affluence has been growing, you need a much higher living standard than before in order to be classified as 'middle class' today. Emerging economy populations, who made the middle class cut a few years ago, are falling behind again and businesses who cater for the average person on the street ...
Dividing line
 
The future of cities is smart
Posted: 25 November 2014  
The concept of smart cities, connected by a network of inexpensive sensors and managed efficiently by analysis of Big Data, is very much an idea whose time has come. Here's a good analysis of the state of play. And, as we said in our 2011 MindBullet (alongside), business is at the heart of meeting these challenges.
Cities Look to Technology for Answers to Growing Challenges | MIT Technology Review
25 November 2014
Mobile apps, sensors, and other technologies help cities handle growing challenges.
MindBullet logo BUSINESS - THE ENGINE FOR SMART CITIES OF THE FUTURE
Partnerships drive great service and green cities
Dateline: 3 December 2021
Remember the days when towns and cities were 'owned' and poorly managed by municipalities and local governments? Days of indifferent service, disinterested ...
Dividing line
 
OPEC to the rescue
Posted: 24 November 2014  
Could OPEC inadvertently rescue the global economy by pushing energy prices down quicker than market forces? This article tends to suggest that oil could drop well before our MindBullet timeline!
Brent Plunge To $60 If OPEC Fails To Cut
24 November 2014
While OPEC has been mostly irrelevant in the past 5 years as a result of Saudi Arabia's recurring cartel-busting moves,
MindBullet logo GOLD AT $800, OIL AT $64
The mini-boom is on
Dateline: 6 November 2016
Two years ago we saw the first faltering of the oil price, as Brent crude dipped below US$80 per barrel. Gold was also weak, at about US$1100 per ounce. ...
Dividing line
Filtered by tag: Economics
Next >>
Dividing line
Everything you always wanted to know MindBullets logo Twitter