Discovering a new drug is one of the most challenging tasks in biology. It takes over 10 years and about US$2.6 billion to bring an average drug to market.
A better way of thinking about the U.S.-China trade deficit associated with one iPhone would be to only count the value added in China, $8.50, rather than the $240 that shows up as a Chinese import to the U.S.
Injuries occur much more frequently than many may realize. A 2014 analysis found that more than 1,750 fans are hurt each year by batted balls at MLB games.
The dominant credit rating agencies – S&P, Moody’s and Fitch – have been accused of faults including: false ratings, flawed methodology, and political bias.
“Like all enterprise DLT it is blockchain in name only and an monopoly to extract massive seignorage from billions of users. A monopoly scam” says Roubini.
Roughly two out of every three arrests by state and local law enforcement target small-time offenders who are carrying less than a gram of illegal drugs.
When allied troops stormed the beaches at Normandy on D-Day June 6, 1944, they were using a remarkable and entirely untested technology: artificial ports.