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United States has the fastest computer in the world. Titan, a Cray XK7 system installed at Oak Ridge, achieved 17.59 Petaflop/s (quadrillions of calculations per second) on the Linpack benchmark. Titan has 560,640 processors, including 261,632 NVIDIA K20x accelerator cores.

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Global Energy at a Glance

One of the most important trends of the global energy market in 2015 was the weak growth of energy consumption across the developed world. Thus, the aggregate energy consumption of OECD member states did not change as compared to 2014 while G7 countries even demonstrated 1% decline in energy consumption over 2015 with United States, Canada, and Japan being the main drivers of decline. On the contrary, energy consumption in European countries rebounded by 1.3% in 2015. The trends across key energy sectors are as follows:In the oil sector, United States overtook Russia by the oil production and approached Saudi Arabia.Electricity demand in...

Global Competitiveness

The Global Competitiveness Index (GCI)  is a global study on the basis of which ranking of countries in terms of economic competitiveness in the world is formed. The World Economic Forum defines competitiveness as the ability of the country and its institutions to ensure stable economic growth, which would be stable in the medium term. GCI is determined by numerous and very diverse factors which were divided into three subindexes: Basic requirements, Efficiency enhancers, Innovation and sophistication factors. The index is composed of 12 pillars of competitiveness. They are Institutions, Infrastructure, Macroeconomic Stability, Health and...

Tax Rates Across the World: Corporate Tax, Income Tax, Indirect Tax, and Social Security Rates

The comprehensive comparison of the taxation between different countries might be hindered by the fact that tax laws in most countries are extremely complex, and tax burdenfalls differently on different groups in each country and sub-national unit. Still, to enable cross-country comparison one can use the highest rates for each of the following tax types in each country:Corporate tax rate (tax on corporations);Indirect tax rate (for example, sales tax);Individual income tax rate (tax imposed on individuals);Social security rates (on employer and employee). The highest corporate tax rate among the 120 countries surveyed by KPMG is recorded...

T20 - Batsman & Bowlers on Top

Source: ESPN CricInfo