BURLINGTON, Vt. John Cohn, PhD, chief scientist of design automation in the IBM Systems and Technology Group, has been working with students and faculty in the Emergent Media Center at Champlain College this winter.Cohn, an IBM Fellow and Vice President for the Americas for the IBM Academy, and five Champlain College game development students have been creating a multimedia educational companion piece for an electronic game that IBM has developed for Engineering Week 2008. The educational product will be delivered in a multimedia way that kids relate to, and it will illuminate what makes up an electronic game and what courses of study and careers are available in game-related fields.For Cohn, this is a self-designed assignment at Champlain that will benefit IBMs OnDemand Community outreach program. One of IBM and Cohns driving goals is to break through the negative perceptions of kids who might be turned off by science and technology. I know thats a hard problem to change perceptions, he said. But technology, science or math can be so beautiful, much in the way music and art are beautiful.Working with the Champlain College students has been mind-blowingly great, Cohn said. These students really get it. Game development students Ian Bissett, Michael Fowler, Bryan Hare, Wesley Knee and Lauren Nishikawa make up Cohns team.IBM built the processors for the Xbox 360, Playstation 3 and Wii. IBM doesnt currently make games, but we provide a lot the technology behind them, Cohn explained.In addition to his technical duties at IBM, Cohn has long promoted the excitement behind science and technology. Hes delivered entertaining science presentations to more than 30,000 school children over the years. In the near future, he hopes to employ new media such as online science and technology videos to create more enthusiasm for science and technology among Americas youth.
“Strong external demand, a further recovery from the pandemic and pent-up demand from the floods all contributed to the robust activity data in August,” Ting Lu, chief China economist at Nomura, said in a note to clients.“We expect a further, albeit gradual, recovery of the services sector, a steady improvement in retail sales and elevated fixed-asset investment growth.”Industrial output growth quickened to 5.6 percent in August from a year earlier, the fastest in eight months, data from the National Statistics Bureau showed on Tuesday. Analysts polled by Reuters had expected a 5.1 percent rise from 4.8 percent in July.Retail sales also beat analysts’ forecast with a 0.5 percent rise on-year, snapping a seven-month downturn and bettering expectations for zero growth. In July, sales dropped 1.1 percent, but consumer confidence has been picking up lately, from spending on automobiles and duty-free shopping. China’s industrial output accelerated the most in eight months in August, while retail sales grew for the first time this year, suggesting the economic recovery is gathering pace as demand starts to improve more broadly from the coronavirus crisis.An annual decline in fixed-asset investment over January-August also moderated thanks to expanded stimulus from Beijing, but authorities remain wary about the outlook given heightened external risks, including from intensifying Sino-United States tensions.After the pandemic paralyzed the economy, China’s recovery has been gaining momentum as pent-up demand, government stimulus and surprisingly resilient exports propel a rebound. Floods across southwestern China that disrupted production in July have receded. Auto sales rose 11.8 percent in August year-on-year while sales of telecoms products jumped 25.1 percent, the data showed.The decline in fixed-asset investment slowed, falling 0.3 percent in January-August from the year-ago period, compared with a forecast 0.4 percent slide and a larger 1.6 percent decline in the first seven months of the year.Private sector fixed-asset investment, which accounts for 60 percent of total investment, fell a less steep 2.8 percent in January-August, compared with a 5.7 percent decline in the first seven months. Property investment, a crucial growth driver, also jumped the most in 16 months in August.In commodities, China posted record output in both crude steel and aluminium last month thanks to robust demand from the construction sector and recovery in automobile sales.“We think that China’s economic recovery is on a reasonably firm footing now and should continue through Q4 and into 2021, with solid investment growth, gradually recovering consumption momentum and resilient exports,” said Louis Kuijs at Oxford Economics.Chinese stocks led Asian markets higher, while the yuan currency rose to 16-month highs on the upbeat data.Risks to recoveryRecent economic indicators ranging from trade to producer prices and factory activity all suggested a further pick up in the industrial sector, and the broader economy.Government stimulus has been a powerful domestic driver, while momentum has also been supported by Beijing’s largely successful efforts to get the virus under control.“Fiscal and monetary policy stimulus should continue to support the recovery. But we expect the impact of policy stimulus to lose some punch with credit growth easing in Q4,” Oxford Economics’ Kuijs said.Data last week showed China’s August exports marking the strongest annual gain since March 2019, as more of its trading partners eased coronavirus lockdowns.Lu at Nomura has raised forecasts on China’s third-quarter economic growth to 5.2 percent, versus the actual 3.2 percent pace in April-June, and expects fourth-quarter growth to pick up further to 5.7 percent.Analysts at ANZ, meanwhile, have raised their 2020 China growth forecast to 2.1 percent, but the projected full-year rate would still be the weakest pace since 1976.Some analysts fear that the recovery could stall, hurt by rising tensions between Washington and Beijing, which many expect could escalate ahead of the US presidential election in November.Moreover, the possibility of another wave of local infections in the winter, and the continued rise in COVID-19 cases across a number of countries, led by India and the United States, have many investors nervous about the outlook.Those worries were partially underscored by statistical bureau spokesman Fu Linghui, who told reporters that the economic recovery remains unbalanced.“Externally, there are still many unstable and uncertain factors. On the domestic side… some industries and enterprises are still facing difficulties, and the recovery is unbalanced,” Fu said.Topics :
Share This StoryFacebookTwitteremailPrintLinkedinRedditThe Latest on the effects of the coronavirus outbreak on sports around the world:___The chief executive of the European Tour says the fate of this year’s Ryder Cup will be decided by the end of the month. Keith Pelley says in an extensive interview with the McKellar Journal podcast that the European Tour and the PGA will have “conversations” about the Ryder Cup now that the revamped schedules of both tours have been announced.Pelley says there will be “a direction at the end of the month.”The Ryder Cup is still on schedule for Sept. 25-27 at Whistling Straits in Wisconsin despite massive disruption to the sports schedule because of the coronavirus outbreak.It could be held without fans but golfers like Rory McIlroy and Brooks Koepka are among those saying they are against that idea.___ June 3, 2020 Associated Press The Latest: Ryder Cup decision expected by end of the month More AP sports: https://apnews.com/apf-sports and https://twitter.com/AP_Sports,Tampa Bay Lightning advance to face Dallas Stars in Stanley Cup finals, beating New York Islanders 2-1 in OT in Game 6