➀ The UK Space Conference 2025 will be held in Manchester on July 16-17, focusing on leveraging space exploration to drive long-term economic growth, workforce development, and regional inclusivity;
➀ UK Space Agency emphasizes that 16% of UK GDP relies on space technologies like navigation and communications, calling for broader industry participation;
➂ The event aligns with the upcoming government Industrial Strategy, serving as a key platform for the biennial space industry.
➀ Chinese exports to the US are expected to fall by 77% in 2025, according to WTO forecasts.
➁ Chinese imports are expected to increase to every other market, with the rest of North America predicted to see growth of 25 percent.
➂ The CIS region is projected to raise exports, which the WTO says is principally related to exemptions for natural resources.
➀ The European Space Agency (ESA) has released its ESA Strategy 2040, outlining its approach to the challenges and opportunities of space up to 2040.
➁ The strategy is framed around five goals: protecting the planet, exploring and discovering, strengthening European autonomy, boosting growth and competitiveness, and inspiring Europe.
➂ The strategy aims to accelerate innovation, strengthen industrial capacity, position Europe as a commercial hub in the global space economy, and establish Europe as a space research hub.
➀ The UK Space Agency (UKSA) has achieved a record six-month period for contract wins involving the European Space Agency (ESA).
➁ The agency highlights a significant increase in funds for ESA programmes, with an additional £112 million (€134 million) in contracts for the UK space sector between June 2022 and December 2024.
➂ The UK now receives 99p back in contracts for every £1 invested, after overheads, marking an improvement from the previous 93p.
➀ The European Commission plans to increase defence spending as part of its ReArm Europe plan, aiming to create €650 billion in additional spending capability over four years;
➁ An increase from 2% to 3.5% of GDP in defence spending could cost around €300 billion annually, but could also stimulate economic growth;
➂ Ilsetzki’s analysis suggests this increase could lead to 0.9 to 1.5% GDP growth, which is welcomed considering the bloc’s 0.9% GDP growth in 2024.
➀ El Salvador has discovered up to $3 trillion in unmined gold.
➁ President Nayib Bukele is pushing to repeal the mining ban regulation to allow mining.
➂ The environmental impact is being criticized, but the economic benefits are seen as a solution to water problems.
➃ The gold discovery is considered a gift for the country's perseverance.
➄ The value of the gold is more than 8,800% of El Salvador's current GDP.
➅ The economic growth and job creation are expected to be significant.
➆ Bukele's presidency and social media use are highlighted.
➀ The manufacturing industry and technology are crucial for China's future development;
➁ In the manufacturing sector, excess profits are earned through high-margin products;
➂ In the technology sector, high profits are used to support wafer fabs and photolithography machines;
➃ How to create a positive feedback loop? For every million-dollar luxury car sold by Huawei, it equals one less luxury car sold in developed countries like Europe and the US, and high-level engineer positions shift from Europe, the US, and Japan to China; Huawei (high-tech) and its high-margin manufacturing sector are the directions for this bull market.
