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South Korea's Booming Defense Industry Capitalizes on Global Instability
Developing
World·7h agoAI summary

South Korea's Booming Defense Industry Capitalizes on Global Instability

South Korea is rapidly becoming a major global arms exporter, driven by geopolitical instability, the Ukraine war, and a perceived unreliability of US security commitments. The country's defense companies are experiencing significant revenue growth, with Europe, particularly Poland, being a key market. Factors like fast delivery, technology transfer, and competitive pricing are key to its success.

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Politico EU
Hong Kong's Opportunity to Become a Multilateral Hub
Developing
World·2d agoAI summary

Hong Kong's Opportunity to Become a Multilateral Hub

Hong Kong is poised to become Asia's multilateral hub, moving beyond its 'Asia's World City' status. This opportunity arises as global governance architecture shifts, with the US withdrawing from multilateral roles and China stepping into leadership. UN agencies are decentralizing, relocating positions from traditional hubs to new locations like Germany, Spain, Bangkok, Nairobi, and Dubai, creating a vacuum Hong Kong can fill.

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SCMP Economy
Cornell University Tests Deep Geothermal Energy Far From Volcanic Zones
Developing
Energy·5d agoAI summary

Cornell University Tests Deep Geothermal Energy Far From Volcanic Zones

Cornell University is pioneering a deep geothermal system, Earth Source Heat, in upstate New York, aiming to provide fossil fuel-free heating for its campus by 2035. This project utilizes enhanced geothermal system (EGS) technology, adapting oil and gas techniques like fracking but with lower pressures and safer substances, potentially serving as a blueprint for wider adoption in the Northeast US.

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Deutsche Welle