Showing posts with label Luxembourg. Show all posts
Showing posts with label Luxembourg. Show all posts

Thursday, July 30, 2026

US Added 1,200 Millionaires a Day Last Year for a total of 441,078 new millionaires or almost half of all new millionaires worldwide

Good news! Good times!

How many of them were lottery game winners? 😊 [Few, I guess.]

"The United States added 441,078 new millionaires last year, more than 1,200 every day, according to global wealth data. There are now 23.6 million American millionaires, more than two of every five worldwide.

Global personal wealth rose 10.8% in 2025, and nearly 1 million people worldwide joined the ranks of millionaires. Every one of the 56 markets tracked ended the year with more millionaires than it started. ..."

"... Adults in North America remained the wealthiest on average, with average wealth per adult of USD 660,000, followed by Australia and New Zealand at almost USD 590,000, while Western Europe reached over USD 330,000.

Switzerland continued to top the ranking for average wealth per adult at USD 910,382, followed by the United States and Luxembourg ...

The United States accounted for almost half of newly created millionaires in 2025, adding more than 440,000 individuals, followed by mainland China, Japan, Germany, the United Kingdom, and France, each counting over 2 million millionaires in total. ..."

Wednesday, July 29, 2026 - Join The Flyover


Global Wealth Report 2026: Global wealth rose over 10% in 2025 (original news release) "In 2025, global wealth expanded at its fastest pace since 2017, marking the third consecutive year of growth. The latest edition of the UBS Global Wealth Report shows a broad-based increase in personal wealth, driven by strong financial markets and rising non‑financial assets, with average wealth growing faster than global economic output. However, gains were uneven, with differences across regions and wealth segments."

Wednesday, May 20, 2026

Four German speaking European countries tout pan-German space command amid European push to supplant US tech

Good news! Europe ought to form their own defense organisation like NATO!

"Germany’s defense minister used a rare four-nation gathering of German-speaking defense chiefs this week to push forward plans for a European military space command, calling on close partners including Austria, Switzerland and Luxembourg, to help shape the initiative rather than simply join it.

Boris Pistorius, Germany’s defense minister, announced at a press conference in Berlin that Germany is developing a European Space Component Command alongside a Weltraumakademie − a multilateral space training academy − and insisted that partner nations will be “embedded in the design phase” rather than presented with finished structures.

The meeting, billed as the first “DACH+L” format, expanding the traditional German-Austrian-Swiss defense dialogue to include Luxembourg, served as a platform for Pistorius to demonstrate traction on Germany’s €35 billion ($40.7 billion) military space investment pledged last fall. That program spans encrypted low-earth-orbit satellite constellations, military-grade launch capacity, and an expanded Space Command within the Bundeswehr.

Austria’s Defense Minister Claudia Tanner reaffirmed that Austria plans to put three operationally designated military satellites plus a test object into orbit next year, developed partly with Austrian startups."

Germany touts pan-German space command amid European push to supplant US tech


Austria’s Defense Minister Claudia Tanner (Source)


Sunday, October 27, 2024

Biotech company Wants Vegetarians to Eat Its Peas Spliced with Beef DNA

Bon appetit from a Luxembourg based company!

Maybe I consider becoming a vegetarian! 😊

About the company: "We produce animal proteins in plants aiming to heal the meat production system.
We are a global company with operations in North & South America and customers in 15+ different countries. We are a team of Top Ph.Ds and food & agri-business professionals from all over the world."


Moolec Science SA is eyeing the vegetarian market after getting US planting clearance for its beef-infused peas, though it may be years before the genetically modified product finds its way to grocery shelves.

The legumes spliced with beef DNA, which received a green light from the US Department of Agriculture last month, would be the first GMO pea to come to market, said Gaston Paladini, chief executive officer of Moolec…

Moolec originally planned for the peas — much like its signature pork-infused soybeans — to be an ingredient for hamburgers and sausages. But now it intends to target vegetarians seeking iron-rich replacements for beef."

Biotech Wants Vegetarians to Eat Its Peas Spliced with Beef DNA - Human Progress



Monday, June 03, 2024

China turns on 'world record' solar farm able to power Luxembourg, but also one third the size of Luxembourg. Really!

What a joke! Plus, solar and wind power is intermittent and unreliable!

The population of Luxembourg is less than 700,000! The area of Luxembourg is about 639,000 acres. Luxembourg is one of the tiniest countries in Europe besides Lichtenstein and Monaco.

A typical large city in China has a population around 10 million or more.

"The world’s largest solar farm, nearly powerful enough to meet the entire electricity demand of Luxembourg, has reportedly been brought online in the desert in northwest China.

The 5GW solar farm, spread over 200,000 acres, came online on Monday, reports Reuters, citing a notice from the asset regulator for the Chinese province of Xinjiang.
The facility will reportedly generate about 6.09 terawatt hours of electricity each year. That is nearly enough to meet the entire electricity demand of Luxembourg – a country of around 650,000 people – which used 6.6 terawatt hours of electricity in 2022"

China turns on 'world record' solar farm big enough to power Luxembourg | Recharge ‘Wow’ was the reaction of Tesla owner Elon Musk to the news [really!]

Wednesday, April 24, 2024

Smartwatch AI predicts atrial fibrillation 30 minutes before it arrives

Good news! I bet there is more to come!

"AI trained on simple heart rate data can predict an episode of the most common heart rhythm disorder, atrial fibrillation, 30 minutes in advance, new research has shown. With plans for it to be incorporated into a smartphone so it can analyze data from a smartwatch, the model would act as an early warning system. ...
Researchers from the Luxembourg Center for Systems Biomedicine (LCSB) at the University of Luxembourg have published a study wherein they trained a deep-learning model to accurately predict, 30 minutes ahead of time, when a person will go into AF. ..."

"... “Another interesting aspect is that our model has a high performance using only R-to-R intervals, basically just heart rate data, that can be acquired from easy-to-wear and affordable pulse signal recorders such as smartwatches,” ..."

From the highlights and abstract:
"Highlights
• Predicts AF onset on average 30.8 min in advance on test data
• Achieves 83% accuracy and 85% F1 score on test data
• Uses R-to-R interval signals for monitoring, accessible via smartwatches
• Has the potential to lower interventions and costs by early AF detection
The bigger picture
Atrial fibrillation (AF), the most prevalent heart rhythm disorder, affects millions globally, leading to significant increases in stroke risk, heart failure, and healthcare expenses. These challenges underscore the need for innovative monitoring solutions. Wearable technology, coupled with artificial intelligence, will eventually enable continuous, real-time tracking of heart health and warn users of imminent danger. This paper shows that such a future is not far. Our research introduces a model, WARN, that harnesses R-to-R intervals, the intervals between successive heartbeats, from readily available smartwatches to issue early warnings of AF onset. By leveraging extensive long-term data of individual patients, we expect that WARN can be personalized to significantly improve the prediction horizon, offering a future where many patients might manage AF proactively with as-needed medication rather than routine daily doses, thereby optimizing treatment regimens and improving quality of life.
Summary
Atrial fibrillation (AF), the most prevalent cardiac rhythm disorder, significantly increases hospitalization and health risks. Reverting from AF to sinus rhythm (SR) often requires intensive interventions. This study presents a deep-learning model capable of predicting the transition from SR to AF on average 30.8 min before the onset appears, with an accuracy of 83% and an F1 score of 85% on the test data. This performance was obtained from R-to-R interval signals, which can be accessible from wearable technology. Our model, entitled Warning of Atrial Fibrillation (WARN), consists of a deep convolutional neural network trained and validated on 24-h Holter electrocardiogram data from 280 patients, with 70 additional patients used for testing and further evaluation on 33 patients from two external centers. The low computational cost of WARN makes it ideal for integration into wearable technology, allowing for continuous heart monitoring and early AF detection, which can potentially reduce emergency interventions and improve patient outcomes."

Smartwatch AI predicts atrial fibrillation 30 minutes before it arrives