Court adjourns hearing in corruption case against leader of the Pakistan Tehreek-e-Insaf party until March 30.
Pakistan court cancels arrest warrants for ex-PM Imran Khan
Tag: bullets
She’s a Doctor. He Was a Limo Driver. They Pitched a $30 Million Arms Deal.
She’s a Doctor. He Was a Limo Driver. They Pitched a $30 Million Arms Deal.
The Biden administration encourages private sector deals for several reasons. It saves the Pentagon from further depleting its own armory after months of sending arms to Ukraine. And private sellers can provide weapons that the government cannot — like the Soviet-style weapons* already used by Ukrainian soldiers.
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Whether the deal goes forward or not, the BMI documents show that the Ukraine war presents an opportunity to charge big prices. The bullets that Mr. Zlatev planned to sell were 50 percent more expensive than those publicly listed by other vendors. His grenade launchers were selling for more than twice what is listed on a price list for United Nations peacekeeping forces. Experts say these increases typically help pay the middlemen — at the expense of a nation in the middle of a war.
The US is heavily reliant on China and Russia for its ammo supply chain. Congress wants to fix that.
The US is heavily reliant on China and Russia for its ammo supply chain. Congress wants to fix that.
Related:
Antimony is a critical mineral commodity for advanced technological uses and the U.S. imports over 70% of antimony consumed domestically. Most of our imported antimony comes from China, which is beginning to reduce its production. Understanding of the origin of this deposit, the largest known antimony deposit in the U.S., would aid in future exploration for undiscovered deposits of this type, both domestically and internationally.
[2018] Source – US Geological Survey
Congress has repeatedly authorized multimillion-dollar sell-offs of the U.S. strategic minerals stockpile over the past several decades, but Washington’s increased anxiety over Chinese domination of resources critical to the defense industrial base has prompted lawmakers to reverse course and shore up the reserve.
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The stockpile was valued at nearly $42 billion in today’s dollars at its peak during the beginning of the Cold War in 1952. That value has plummeted to $888 million as of last year following decades of congressionally authorized sell-offs to private sector customers. Lawmakers anticipate the stockpile will become insolvent by FY25.
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“A lot of what happened is Congress just getting greedy and finding politically convenient ways to fund programs that they weren’t willing to raise revenue for,” said Moulton.
Congress and Pentagon seek to shore up strategic mineral stockpile dominated by China
They only have themselves to blame!
Ms. Cat’s Chronicles 
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