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  • Former Malaysian prime minister Najib Razak found guilty of abusing power and money laundering

    Former Malaysian prime minister Najib Razak found guilty of abusing power and money laundering

    A Malaysia court has convicted former prime minister Najib Razak for abuse of power and money laundering, in his second major trial for a multi-billion-dollar state funds scandal.

    Najib, 72, was accused of misappropriating nearly 2.3 billion…

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  • Adaptive rateless coded blockchain for dynamic IoV scenarios

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  • Li, R., Zhu, L., Li, C., Wu, F. & Xu, D. Bns: A detection system to find nodes in the bitcoin network. Mathematics11, https://doi.org/10.3390/math11244885 (2023).

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  • Li, M., Lin, Y., Wang, W., & Zhang, J. Sp-chain: Boosting intra-shard and cross-shard security and performance in blockchain sharding. IEEE Intern. Things J. https://arxiv.org/abs/2407.06953. Early Access (2025).

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  • High-power laser powder bed fusion of pure copper for simultaneous achievement of high density and electrical conductivity

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  • How Evolution Is Driving Us Further Into Space

    How Evolution Is Driving Us Further Into Space





    Book Review: How Evolution Is Driving Us Further Into Space















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  • The Sky Today on Friday, December 26: The Moon shares the sky with Saturn – Astronomy Magazine

    1. The Sky Today on Friday, December 26: The Moon shares the sky with Saturn  Astronomy Magazine
    2. Christmas 2025 skywatching guide — What you can see in the night sky on Dec. 25  Space
    3. Bright Jupiter lights up Christmas sky, recalls Star of…

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  • Astronauts aboard ISS share holiday cheer with Earth

    Astronauts aboard ISS share holiday cheer with Earth

    Christmas above Earth: Astronauts aboard ISS share holiday cheer with Earth

    Celebrating Christmas in space while flying higher than Santa.

    Astronauts aboard the International Space Station (ISS) celebrated Christmas…

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  • Is China allowing the RMB to rise?

    Is China allowing the RMB to rise?

    Generally speaking, tracking China’s exchange rate is about as exciting as watching paint dry because nothing ever happens. The RMB has been materially undervalued for many years now. The resulting trade surplus, which is growing ever bigger, means China is having to intervene massively in foreign exchange markets to stop the RMB from rising against the Dollar. It’s impossible to see that intervention because China stopped using its central bank to do this intervention, most likely shifting it to state banks where it’s difficult to monitor. The end-result is that the RMB remains heavily manipulated and not much ever happens.

    But every once in a while, markets get excited because they think something big is happening. That’s the case now. The chart above shows the bilateral RMB exchange rate versus the Dollar. The official anchor for this exchange rate is the “fix,” which is the black line. The fix gets announced every morning in Beijing and the actual $/CNY exchange rate (blue line) then fluctuates within a two percent band around the fix (gray shaded area). For a long time after the pandemic, $/CNY was plastered against the upper end of the band, the “weak” end of the band. This is typically taken to mean there’s depreciation pressure on the RMB (I think that’s nonsense given how much hidden intervention is happening, but let’s not get into that here). But recently, the $/CNY has fallen below the fix and is approaching the lower end of the band, which has people buzzing Beijing could be shifting its stance on the RMB and might – finally – allow appreciation to reduce chronic undervaluation.

    That isn’t what’s happening. As the chart above shows, the Dollar has been falling against the rest of the G10 recently (black line). The drop in $/CNY is just offsetting that Dollar weakness, so that the trade-weighted RMB stays more or less stable (blue line). So the recent appreciation of the RMB against the Dollar doesn’t signal a change of heart in Beijing. There is no “true” appreciation going on.

    Underlying all this is the question whether China can ever be expected to abandon its mercantilist growth model. I have a short- and a medium-term answer to this. In the short term, it’s fair to say that China emerged victorious from the rare earths stand-off a few months ago. That shouldn’t have been allowed to happen in my opinion, but the US played its hand very poorly in those negotiations. In the medium term, China is gunning to be the world’s leading exporter of all things electrification. There’s just no sign it’s abandoning its mercantilist ways.

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  • Nova Scotia author Rachel Reid shares how to cure your Heated Rivalry hangover

    Nova Scotia author Rachel Reid shares how to cure your Heated Rivalry hangover

    When Nova Scotia author Rachel Reid published her Game Changers hockey romance series, she never could have imagined it would be optioned for television. 

    “When you write the kind of books that I do, you don’t really expect anyone to even think…

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  • What is remigration, the far-right fringe idea going mainstream? | Migration News

    What is remigration, the far-right fringe idea going mainstream? | Migration News

    Last week, Republican Ohio gubernatorial hopeful Vivek Ramaswamy challenged other Republicans over their idea that ancestry or heritage is what makes someone truly American.

    “The idea that a ‘heritage American’ is more American than another…

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  • ​Foreign Ministry Spokesperson’s Remarks on Countermeasures Against U.S. Arms Sales to China’s Taiwan Region_Ministry of Foreign Affairs of the People’s Republic of China

    Q: The Ministry of Foreign Affairs has put on its website the decision to take countermeasures against 20 U.S. military companies and 10 senior executives. Do you have any further comment?

    A: In response to the latest U.S. announcement of…

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