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    Vitaliy_Kiselev
    Capitalism: Argentina close to default
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      Argentina asked the International Monetary Fund for financing to help stem a five-month-rout in the peso that is sparking a surge in interest rates and threatening to derail the country’s economic recovery.

      “This will allow us to face the new global scenario and avoid a crisis like the ones we have faced before in our history," President Mauricio Macri said in a televised address Tuesday.

      The president didn’t state how much money was being requested but a person with direct knowledge of the talks said officials are seeking a flexible credit line worth $30 billion. Treasury Minister Nicolas Dujovne will head a delegation flying to Washington on Tuesday evening for talks with the Fund, the ministry said. The IMF said in a statement the talks will help strengthen Argentina’s economy "in short order."

      It is expected that IMF will require measures similar to Greece. Selling all good stuff to their affiliates and cut the expenses for social programs and workers,

    6 comments 7 comments Vitaliy_KiselevMay 2018Last reply - May 2018 by Vitaliy_Kiselev Subscribe to this blog
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    Vitaliy_Kiselev
    Camera Sales: Nikon camera sales are planned to shrink further
    • Meanwhile, the market for Nikon's mainstay single-lens reflex cameras is shrinking. But the company aims to offset the decline with structural reforms it began in fiscal 2016. Last fiscal year, it began using return on invested capital as a way to measure segment performance. Moving forward, Nikon will also streamline costs in its imaging products and precision equipment businesses, while holding down outlays in advertising and research and development.

      https://asia.nikkei.com/Business/Companies/Nikon-sees-30-profit-boost-on-demand-for-panel-producing-gear

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    Vitaliy_Kiselev
    Good quote: On Freedom
    • The secret of freedom lies in educating people, whereas the secret of tyranny is in keeping them ignorant.

      Maximilien Robespierre

      Take a minute to think about it. As this can be similar to flashlight in the dark if you did not understand it.
      We are going into tyranny direction and fast and guys who lead do it with freedom proclamations being enemies of the people .

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    Vitaliy_Kiselev
    Olympus to move to Vietnam due to shareholders demanding more profits
    • On May 7, Olympus Corporation announced that it would shut down its Chinese production subsidiary of the company's video business and consolidate the production of digital camera business related products in Vietnam.

      Its digital camera business related products were produced at Olympus (Shenzhen) Industrial Ltd. (OSZ) in Shenzhen, China and Olympus Vietnam Co., Ltd. (Olympus Vietnam) in Vietnam Donnan Province Due to the decline in profits for OSZ due to the shrinking digital camera market and the difficulty in maintaining competitiveness due to aging of facilities, Olympus decided to move all production to Olympus Vietnam.

      Interesting news, it is strong rumors that Panasonic and few other companies soon will follow. Some of companies are considering poorest countries in the world as possible option also.

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    Vitaliy_Kiselev
    Microsoft new high resolution ToF camera
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      • Highest number of pixels (megapixel resolution 1024x1024)
      • Highest Figure of Merit (highest modulation frequency and modulation contrast resulting in low power consumption with overall system power of 225-950mw)
      • Automatic per pixel gain selection enabling large dynamic range allowing near and far objects to be captured cleanly
      • Global shutter allowing for improved performance in sunlight
      • Multiphase depth calculation method enables robust accuracy even in the presence of chip, laser and power supply variation.
      • Low peak current operation even at high frequency lowers the cost of modules

      Microsoft announced Project Kinect for Azure, a package of sensors, including our next-generation depth camera, with onboard compute designed for AI on the Edge. Building on Kinect's legacy that has lived on through HoloLens, Project Kinect for Azure empowers new scenarios for developers working with ambient intelligence. Combining Microsoft's industry-defining Time of Flight sensor with additional sensors all in a small, power-efficient form factor, Project Kinect for Azure will leverage the richness of Azure AI to dramatically improve insights and operations. It can input fully articulated hand tracking and high-fidelity spatial mapping, enabling a new level of precision solutions

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