The international Monetary Fund (IMF) predicts encouraging trends in the economic development of Asian countries in nearest two years.
While the GDP growth rate in Asian emerging and developing economies amounted to 6.4% in 2016, the January issue of World Economic Outlook Update says the growth will be at 6.5% and 6.6% in 2018-2019, respectively.
The region will still account for more than half of global growth.
The experts explain the dynamic recovery of global economy with the next cyclical rebound. Some 120 economies, accounting for three quarters of world GDP, have shown the signs of upsurge in last year. This is the broadest synchronized global growth since 2010.
The optimistic situation is observed in world trade. The growth is driven by high investment activity and increased manufacturing output in Asia. In addition, the stable demand for products of processing industry will remain in the foreseeable future.
Taking into account the forecasts of IMF, the economy of Turkmenistan will have promising prospects. So, according to outcomes of 2017, the increase in the gross value added of the industry was reasoned by the rapid growth of the manufacturing industry at 7.4%.
High production indicators were registered in such sectors as metallurgy and metal processing, mechanical engineering, petrochemistry, light industry, food and printing industry.

The world energy market is currently prevailed by fossil fuels. However, growing concern on climate change and depleting resources that are associated with the use of fossil fuels, put the the renewable energy sources at forefront of energy economy.
The production of biofuel from waste is a two-phase process. The biomass is first converted into a biocrude oil using a chemical and thermal process. Crude oil is the same oil that has not yet been refined and still contains impurities. The second stage is a refining, during which hydrogen removes sulfur, nitrogen and oxygen. However, hydrogen is expensive. Moreover, the process isaccompanied by CO2 emissions.
Chemical engineers from University of Calgary, Canada, have invented a way to produce a higher quality, more stable fuel from biowaste, such as sewage.
The team of scientists decided to simplify the conversion process in order to make it cost-effective and environment-friendly.
They used methane instead of hydrogen for the purification process directly at the crude stage. The hydrogen, needed to remove impurities, had to be chemically removed from the methane.
For this purpose, they added innovative catalyst HZSM-5 that reacted with methane to release hydrogen, because the methane hardly reacts with many other compounds.
The researchers are still in search of the best suitable and efficient catalyst.
Initial experiments, held with using the methane and catalyst, indicate that the production of bio-fuel has lower costs than the current method. Moreover, carbon, remaining in the liquid oil, enriches the quality characteristics of final products, having less greenhouse gas emissions.

It is not a jock. Indeed, the Celestial Empire is making plans, together with the states concerned, to lay the Arctic trade routes within the framework of the “Polar Silk Road” initiative. It is stated in the White Paper on Arctic policy, first of its kind, published by the State Council of the PRC.
The purpose of this fabulous, at first sight, initiative is economic. China is ready, together with the countries of the Arctic region, to create an economic corridor between the Celestial Empire and the Old World via the Arctic Ocean.
Beijing promises to promote its companies in fulfilment of the first commercial flights, if they will participate in this project.
The White Paper emphasizes that the China is ready, together with the countries of the region, to extract hydrocarbons and other minerals in the Arctic, as well as to expand fishing and tourism, respecting the traditions, customs, culture and way of life of natives of this rough land.
Herewith, China emphasizes that will comply with environmental requirements and develop scientific research in the Arctic.
Many experts believe that due the harsh climate, the development of the wealth of the Arctic is a matter for the future. However, there is no doubt that if the Celestial Empire is involved in, the polar spaces can turn into a lively trade route very soon.

28.01.2018. By 2040, all airhops in Norway will be carried out by the electric plane. The Avinor – state operator of the airports of the country will be the first to exploit completely the electric air transport.
The head of Avinor Dag Falk-Petersen is sure that electric aircraft are powerful enough to replace other aircraft on short flights. “We think that all flights lasting no more than an hour and a half can be carried out on fully electric planes”, notes Falk-Petersen. According to this, electro-liners will cover all domestic flights, as well as flights to the capitals of neighboring Scandinavian countries.
In 2025, Avinor plans to begin commercial flights on small electricplanes with seats for 19 passengers in a test mode. It is alleged that before the launch of fully electric aircraft it will be necessary to use intermediate technologies, such as biofuel and hybrid engines.
It is expected that due to the electric planes, the emissions of greenhouse gases into the atmosphere will decrease, and the expenses of the airlines will decline as well. “When we reach our goal, air travel will no longer be a problem for the climate; they will be a solution”, stressed Falk-Petersen.
It is important to note that Norway ranks first in the world in the number of electric vehicles, which once again proves that the country has great ambitions in the sphere of clean energy.

Giant picture frame has been officially opened in Dubai, claiming to become one of the world’s best sights. It has been called by the The Guardian newspaper as “the biggest picture frame on the planet”.
The structure, resembling the shape of the frame measures 150 metres high and 93 metres wide. It is located in Zabeel Park.
The two towers of the Dubai Frame are connected by a 100 square metre bridge, which is observation deck, offering amassing panoramic view. Modern part of Dubai such as Emirates Towers and Burj Khalifa can be seen on one side of the glass walkways and from the other side, the older districts of the city such as Deira, Umm Harare and Karama can be viewed.
There is a museum on the ground floor, that demonstrates the history stages of Dubai development from fishing village to world known business and cultural center.
It is expected the Dubai Frame will attract nearly two million tourists annually.

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