Why can't People Take their Trash Home?
Vegetable Plants at the Neighborhood Market
39 Million Dollar per Gallon Liquid - Part 2
- 39 Million USA Dollar per Gallon Liquid - Part 1 | Tanza Erlambang Update
The reason scorpion venom so expensive is that the poison is useful for medical purposes.
Hence, scientists and medical professional able to detect exact location and exact size of cancer cells.
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A Pink Rose on the Roadside
39 Million USA Dollar per Gallon Liquid - Part 1
Can Mosquitoes be Exterminated on the Earth? - Part 2
You may read the previous post (Part 1):
- Can Mosquitoes be Exterminated on the Earth? - Part 1 | Tanza Erlambang Update
The mosquitoes are difficult to be eliminated by traditional methods such as using pesticides, draining in standing water and destroying habitat where mosquitoes are laying their eggs.
Method by using genetic know how was conducted in 2018. This method was initiated by scientists from UK.
The scientists sterile female mosquitoes to reduce their reproduction ability, while males are developing genetic mutation.
Further research then developed by a Chinese scientist with his associates. They treat mosquitoes by doing:
- Sterilized the target areas of female mosquitoes
- Infected the male mosquitoes by bacteria.
These mosquitoes then be released to the specific locations (two islands).
Surprisingly, female mosquito almost extinct. Mosquito population reduce very much. The population reach to nearly zero.
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What is Negative Interest Rate Mean? - Part 2
You may read previous post (Part 1):
- What is Negative Interest Rate Mean? - Part 1 | Tanza Erlambang Update
Moreover, the Bank of England, the British central bank was planning to have negative interest rate, then the rate was negative few years ago or by February, 2021.
We may wonder: what are the purposes of negative interest rate?
The main purposes that banks (the central bank) want or encourage people to:
- spending their money instead of saving in the banks
- investing more into the markets
- borrow money from the banks for any purposes, include consumption.
These encouragements will boost the economy, the fact is based on economic experiences in Japan, Denmark, Switzerland and Sweden.
Have you experienced with negative or close to zero interest rate in your places?
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What is Negative Interest Rate Mean? - Part 1
At previous postings, we have talked about negative price such as negative oil price, it was happened around April 2020 few years ago. That was the first time in American history.
You may read about oil price goes negative:
- Why does Oil Price Go Negative in the Market?- Part 1
- Why does Oil Price Go Negative in the Market?- Part 2
How about with negative interest rate?
It means that if we save (deposit) our money, then the bank will charge it. Some banks have specific limit, the charge is applied only to excess cash.
Another meaning that you will get some “amount of money or credit” if you get loan from banks.
What countries experienced with negative interest rates?
Here are some:
- Switzerland, interest rate sits at -0.75% (minus 0.75%).
- Denmark has interest rate at -0.60% (minus 0.60%).
- Sweden with interest rate at -0.10% (minus 0.10%).
- Japan has interest rate of -0.10% (minus 0.10%).
Have your countries experienced negative interest rate?
# To be continued to Part 2
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Why does Oil Price Go Negative in the Market? - Part 2
You may read previous post (Part 1):
- Why does Oil Price Go Negative in the Market? - Part 1 | Tanza Erlambang Update
However, NYMEX was opened in 1872 for commodities trade only, the stocks included:
- copper
- platinum
- gold
- silver
The negative price happened when sellers can not find the buyers for future contract, usually near term contract.
The oil future price should be higher than today price (the spot price). In fact, the price is often higher in the short and long terms.
Near term contract refer to price contract in days, weeks or a month, not in years (long term).
It is a sign of bad economy in which negative price “could be” meaning there is no demands, thus less industry activities (productions).
Then, lead to unemployment, and then hurt economic. On and on.
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