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February 14, 2017

Flying car concept from the creators of jetpack

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The developers jetpacks JB-9 JB-10 David Maiman and Nelson Tyler decided to continue research on the creation of individual air transport. This time they presented the project of a flying car-quadcopter. According to the developers, it will be the embodiment of the modern technologies. It will be the electric aircraft by lithium batteries with vertical takeoff and landing and a variety of inertial sensors, which provide him with further functions of the drone. The initial version of the quadcopter is capable of flying with a duration of 20 minutes. In […]

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February 14, 2017

Drone cover for your smartphone will help you to take a picture from any point

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Inventors drones offer new options for the flying equipment. American Hagai Klein was forced to fly… the case of the smartphone, providing it with a miniature video camera. The device is called SELFLY and, as the name implies, it is designed for selfie. According to Klein, “SELFLY is your personal photographer with maximum coverage for photos.” Having it in your pocket, you can forget about the selfie sticks and special drones with camera. “Flying cover” is equipped with 8 megapixel camera which makes quality pictures with Full HD resolution. Stabilization […]

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February 14, 2017

Astrophysicists say that the universe is just a big hologram

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According to astrophysicists at the University of Southampton, and scientists from Canada and Italy, studying the cosmic microwave background, or the afterglow from the big Bang, the universe may just be “a vast and complex hologram”, an illusion, like a 3D image. The researchers argue that evidence for this exists, no less than in relation to traditional ideas about the structure of the Universe. A “picture” of the Universe, observed by us, quite comparable to what we see during a session in the 3D cinema, although there is no hologram. […]

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February 14, 2017

At the California Institute created a robot bat

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Nature is a treasure – trove of ideas for the creators of robots. At this time, the engineers at Caltech, together with colleagues from the University of Illinois have developed a robot-bat with soft wings. Unusual drone is not only an alternative to “fellow” with rotating propellers, but also a training manual for scientists in studying the flight mechanics of bats. As it turned out, while in flight, they are able to perform movements of the wings in 40 different directions due to the complex manipulation of joints. The robot […]

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February 14, 2017

UK economy to slow down, says European Commission

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Image copyright AFP The UK economy will slow down sharply over the next couple of years says the European Commission. Its latest forecast says the UK economy will grow by just 1.5% this year and by 1.2% in 2018, compared to 2% last year. The Commission says the slowdown is prompted by uncertainty following last June’s Brexit vote in the UK. By contrast, the eurozone of 19 countries is predicted to grow faster than the UK, by 1.6% this year and 1.8% the next. However the latest forecasts by the […]

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February 14, 2017

Young men paid less than predecessors, says Resolution Foundation

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Image copyright PA Men in their 20s are earning thousands of pounds less than the previous generation owing to the changing nature of work, a think tank has suggested. By the age of 30, young men have earned £12,500 less on average compared to those born between 1966 and 1980, according to the Resolution Foundation. It suggested that men now were more likely to be working in basic service jobs, or part-time, with lower wages. The result was a narrowing pay gap between men and women. The Resolution Foundation is […]

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February 14, 2017

Squeeze on rental properties predicted

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Image copyright PA Tax changes will mean landlords may reduce the properties they have on their books, leading to sharp rent rises, surveyors suggest. Rental prices could rise faster than house prices over the next five years, according to the Royal Institution of Chartered Surveyors (Rics). This would be the result of more tenants chasing fewer rental properties, it said. Stamp duty and other tax changes have affected the buy-to-let sector. ‘Turbo boost’ The survey was conducted before the release of the government’s plans this week regarding the housing market, […]

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February 14, 2017

Bank of England: Charlotte Hogg appointed as deputy governor

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Image copyright Bank of England Image caption Charlotte Hogg will take up her new role on 1 March Charlotte Hogg has been appointed as the Bank of England’s new deputy governor for markets and banking. Ms Hogg, who is currently the Bank’s chief operating officer, will succeed Minouche Shafik, who is leaving the Bank at the end of February. Her role will cover responsibility for the Bank’s bond-buying programme. In a separate announcement, the Bank said that Monetary Policy Committee member Kristin Forbes would be leaving the committee at the […]

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February 14, 2017

Bank of England sees inflation spreading beyond food and fuel

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Image copyright Reuters The Bank of England says price rises already seen in food and fuel will spread to other goods later this year. In a monthly report of business conditions, the Bank said the cost of manufactured goods would also rise. Companies which made bets to mitigate against last year’s drop in sterling will soon see those bets expire, increasing their costs, it said. However, more exports and “resilient consumer demand” had encouraged more investment, the report said. “So far, the main effect on consumer prices had been higher […]

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February 14, 2017

Tax burden to be highest in 30 years, says think tank

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Image copyright Getty Images Image caption Philip Hammond will present the government’s Budget on 8 March Tax is set to rise as a share of the UK’s income to its highest level since 1986, according to a think tank. Higher income from taxes and relatively low growth will combine to create this effect, according to the the Institute for Fiscal Studies. Austerity will continue into the 2020s, after Chancellor Philip Hammond’s decision to scrap a target of balancing the nation’s books, it said. The Treasury said it was committed to […]

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