Steen Jakobsen
The Bank of Japan has abandoned quantitative easing and the European Central Bank may taper its bond-buying programme, so what is the role of central banks in 2017, asks Saxo Bank’s chief economist Steen Jakobsen.
Squawk / 09 August 2016 at 21:01 GMT
The 350km line is expected to reduce travel time between Singapore and Kuala Lumpur to around 90 minutes.

Singapore, Malaysia sign MoU on High-Speed Rail project
09 August
Tepord Tepord
The design work that's been done for the Hyperloop presents it as a contained tube, meaning it could stay underwater. Diamandis said that having the Hyperloop travel underwater would prevent issues with shipping lanes.

"Conceptually, I think one of the things that's interesting about the future is there's a lot of underutilized space underground," Diamandis said. "And I think one of the areas the Hyperloop can become an expert in is tunneling technology in the future."

Diamandis also said there's "been conversations" about using the underwater Hyperloop to transport people too.
09 August
Tepord Tepord
Shipping throughout the Arctic will also become critically important. A proposed Russian Northern Sea Route could eventually rival the Suez Canal in economic importance. The route would connect shipping from Europe to Asia in 35 days, as opposed to the 48-day journey via the Suez canal.

To capitalise on these changes, nations will need icebreakers to ensure that the Arctic waterways are open year round. And, for now, Russia is clearly far and away ahead of the US in capabilities.


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