Economy

Baby Bust Will Soon Reshape Public Schools

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– Baby Bust Will Soon Reshape Public Schools:

Authored by Jay Greene via The Epoch Times (emphasis ours),

The most powerful force shaping the future of education is the sharp decline in babies being born in the United States and worldwide. As Americans have fewer children, and fewer children immigrate from abroad, the school-age population will decline dramatically over the next few decades.

The United States has experienced a baby bust once before in the wake of the baby boom in the 1970s and 1980s, which gives us some idea of what to expect. But unlike the previous baby bust, which was a temporary artifact of the boomers ageing out of school, the upcoming decline in school-age population has no end in sight.

We are about to experience a baby bust on steroids. Public school enrollments reached a peak of 50.8 million in 2019 and are projected to drop below 47 million by 2030. But that’s just the start. This year U.S. fertility rates hit an all-time low. Since the smaller number of children born this year will barely be entering school by 2030, the steep decline in school enrollments will accelerate after 2030.

In 20 states, public school enrollments are projected to fall by more than 10 percent by 2031. Almost all of these states with larger enrollment declines are blue states, with Hawaii, California, New Mexico, and New York leading with drops between 19 and 21 percent.

Read moreBaby Bust Will Soon Reshape Public Schools

China’s Coal Production Surged in September

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“Coal accounts for about 60% of China’s generation,…”

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– China’s Coal Production Surged in September:

Coal production in China rose by 4.4% in the year last month to a total 414.46 million tons, government data showed.

The production rate also rose on the month: the August total stood at 396.55 million tons.

The increase followed the end of safety inspections in coal-producing regions and the return of coal-to-chemicals capacity to normal operation after maintenance, Reuters reported.

“Following the end of maintenance on some coal-based methanol, urea, PVC and other chemical capacity, the capacity utilisation rate has gradually increased,” Reuters quoted analysts with Galaxy Futures, a China-based financial services firm, as saying.

Read moreChina’s Coal Production Surged in September

French Media Blames SpaceX For 2,500 Airbus Layoffs As Elon Musk Leads Rocket Race

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– French Media Blames SpaceX For 2,500 Airbus Layoffs As Elon Musk Leads Rocket Race:

Boeing was humiliated after NASA called up Elon Musk’s SpaceX for assistance in a future rescue mission to retrieve two stranded Starliner crew members at the International Space Station, slated for early 2025. SpaceX soared ahead of Boeing’s space program by lightyears, as Starship launches and Starlink deployments show, and is also outpacing Airbus’s space division.

On Wednseday, Airbus announced its defense and space divisions would experience significant cuts, upwards of 2,500 workers over the next couple of years.

Airbus Defence and Space is announcing plans to adapt the Division’s organisation and workforce in light of a continued complex business environment, especially in the Space Systems segment where significant financial charges were recorded in 2023 and 2024.

Intended measures will include creating a more effective and efficient organisational structure for the Division, especially with regard to headquartered functions, as well as a full operative end-to-end accountability for its business lines Air Power, Space Systems and Connected Intelligence.

It is expected that these measures will result in a reduction of up to 2,500 positions within Airbus Defence and Space until mid 2026.

As Boeing and now Airbus have found out, SpaceX has become the global leader in rocket launches and LEO satellite deployment, even beating out entire nation-states like China and Russia.

Using data from BryceTech, SpaceX launched 525 spacecraft into orbit in the first quarter, far outpacing China and Russia.

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Buffett Sheds More BofA Shares After Buybacks Push Stake Above 10%

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– Buffett Sheds More BofA Shares After Buybacks Push Stake Above 10%:

94-year-old Warren Buffett’s Berkshire Hathaway offloaded even more Bank of America shares this week to sustain <10% regulatory threshold, a move triggered by the bank’s own share buybacks, which pushed Berkshire’s stake back above the 10% mark. Buffett’s strategy is clear: keep the stake below this threshold to avoid constant SEC reporting that results with every sale.

Bloomberg data shows Berkshire’s total proceeds from selling BofA shares topped $370 million this week. The selling abruptly began in mid-July.

Berkshire’s stake is now under 10%, currently at 9.88%, which means that instead of disclosing trades every few days, this can now be done quarterly. The valuation of the position stands at around $32.64 billion (as of Thursday’s close).

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French Media Blames SpaceX For 2,500 Airbus Layoffs As Elon Musk Leads Rocket Race

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– French Media Blames SpaceX For 2,500 Airbus Layoffs As Elon Musk Leads Rocket Race:

Boeing was humiliated after NASA called up Elon Musk’s SpaceX for assistance in a future rescue mission to retrieve two stranded Starliner crew members at the International Space Station, slated for early 2025. SpaceX soared ahead of Boeing’s space program by lightyears, as Starship launches and Starlink deployments show, and is also outpacing Airbus’s space division.

On Wednseday, Airbus announced its defense and space divisions would experience significant cuts, upwards of 2,500 workers over the next couple of years.

Airbus Defence and Space is announcing plans to adapt the Division’s organisation and workforce in light of a continued complex business environment, especially in the Space Systems segment where significant financial charges were recorded in 2023 and 2024.

Intended measures will include creating a more effective and efficient organisational structure for the Division, especially with regard to headquartered functions, as well as a full operative end-to-end accountability for its business lines Air Power, Space Systems and Connected Intelligence.

It is expected that these measures will result in a reduction of up to 2,500 positions within Airbus Defence and Space until mid 2026.

As Boeing and now Airbus have found out, SpaceX has become the global leader in rocket launches and LEO satellite deployment, even beating out entire nation-states like China and Russia.

Using data from BryceTech, SpaceX launched 525 spacecraft into orbit in the first quarter, far outpacing China and Russia.

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African Nations Plan To Launch Their Own ‘Energy Bank’

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– African Nations Plan To Launch Their Own ‘Energy Bank’:

  • African nations are planning the creation of an African Energy Bank.
  • African resource-rich countries have grown frustrated with Western banks’ refusal to lend money for the development of oil and gas fields.
  • For now, the 18 members of the African Energy Bank initiative have agreed to each contribute $83 million towards the bank, for a total of $1.5 billion.

African countries are planning to launch their own financing vehicle for oil and gas projects in the face of growing pressure from Western financial institutions to abandon the development of these resources. The group of 18 states needs $5 billion to kickstart what it calls an energy bank.

Read moreAfrican Nations Plan To Launch Their Own ‘Energy Bank’

John & Nisha Whitehead: Brace Yourselves: A Tsunami Approaches

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– Brace Yourselves: A Tsunami Approaches:

“What happened here was the gradual habituation of the people, little by little, to being governed by surprise; to receiving decisions deliberated in secret; to believing that the situation was so complicated that the government had to act on information which the people could not understand, or so dangerous that, even if the people could understand it, it could not be released because of national security… And all the crises and reforms (real reforms, too) so occupied the people that they did not see the slow motion underneath, of the whole process of government growing remoter and remoter.”

– Historian Milton Mayer, They Thought They Were Free: The Germans, 1933-45

Brace yourself: a tsunami approaches.

While we squabble over which side is winning this losing battle to lead the country, there is something being concocted in the dens of power, far beyond the public eye, and it doesn’t bode well for the future of this country.

Read moreJohn & Nisha Whitehead: Brace Yourselves: A Tsunami Approaches

William Cooper: Behold A Pale Horse Lecture, Feb 23, 1991 (Video) – William Cooper: ‘Behold A Pale Horse’ (Audiobook)

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– William Cooper: Behold A Pale Horse Lecture, Feb 23, 1991 (Video):

Source

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– Bill Cooper … “Behold A Pale Horse” (Full Audiobook) Please Have A Listen (Video):

Source

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