Defense News | October 25, 2022
Ukraine-bound NASAMS are in US hands now: Raytheon
Raytheon Technologies has delivered two sophisticated NASAMS air defense systems due for Ukraine to United States government, its chief executive said Tuesday.
Raytheon provides Pentagon with interceptor missiles for war in Ukraine
Tag: CNBC
Biden Is Running U.S. Energy Security Into The Ground
The White House divulged late on Tuesday its plan to release 15 million barrels of crude oil from the strategic petroleum reserve to be delivered in December, as the last tranche of the emergency 180 million barrel release that the Biden Administration announced in March.
Biden Is Running U.S. Energy Security Into The Ground
Related:
Biden Manipulates Oil Price To Buy More Votes
Since its inauguration the Biden administration has sold more than 220 million barrels from the 650+ reserve. Refilling it at $70/bl, nearly $50 per barrel more than Trump was going to pay, will be quite costly.
Millionaires’ Congress threatens to intervene against potential US railroad strike
Congress intends to intervene to prevent a national rail strike and unilaterally impose a concessions contract, Steny Hoyer, the second highest ranking Democrat in the House of Representatives, told Bloomberg News on Monday.
Millionaires’ Congress threatens to intervene against potential US railroad strike
Video via Anarchistara
Half Of UK Households Will Be In Fuel Poverty By January
As many as half of British households may be facing fuel poverty because of the inexorable rise in energy prices, EDF, the French utility that also has business in the UK, has warned.
Half Of UK Households Will Be In Fuel Poverty By January
China Defies US Sanctions with Computer Chip Breakthrough
China Defies US Sanctions with Computer Chip Breakthrough
China’s rise as the largest, most powerful nation on earth is inevitable. The resources, energy, and time the United States is wasting in attempting to contain China’s rise and assert itself above all other nations could be used instead to find a constructive role to play among all other nations as a still powerful, influential nation with much to offer humanity, just not the most powerful or influential. The United States, like many empires before it in history, unfortunately, appears determined to squander this opportunity to peacefully transition to one powerful nation among many, and instead faces the prospects of holding neither primacy over the planet, nor significant prominence among the nations on it.
A widely cited report predicting doom for the Russian economy has come under scrutiny from economists
By Margarita Lyutova. Abridged translation by Sam Breazeale, Meduza, 8/10/22
In late July, a team of researchers from Yale published a report titled “Business Retreats and Sanctions Are Crippling the Russian Economy.” Since Russia launched its full-scale invasion of Ukraine, the same team has maintained a list of international companies that have ceased operations in Russia in response to the war. The project is led by management and corporate responsibility expert Jeffrey Sonnenfeld, a professor at the Yale School of Management and the founder of Yale’s Chief Executive Leadership Institute. The report has been cited widely in recent weeks, but Sonnenfeld is neither an economist nor a Russia specialist, and experts have raised doubts about some of the report’s claims. Economic journalist Margarita Lyutova explains why the researchers’ conclusions might be worth taking with a grain of salt.
Meduza: A widely cited report predicting doom for the Russian economy has come under scrutiny from economists
Related:
Business Retreats and Sanctions Are Crippling the Russian Economy
How the Taiwan lobby helped pave the way for Pelosi’s trip
The resources promoting Taipei’s interests in DC are growing, and include close ties and financial support for major think tanks, too.
How the Taiwan lobby helped pave the way for Pelosi’s trip
Senate Passes $280 Billion Industrial Policy Bill Meant to Counter China
Senate Passes $280 Billion Industrial Policy Bill Meant to Counter China
The CHIPS and Science Act of 2022 passed in a vote of 63-33, with 17 Republicans voting in favor. The over 1,000-page legislation includes $52.7 billion for direct funding for the construction and expansion of semiconductor manufacturing and $24 billion for tax incentives and other purposes.
The bill will authorize roughly $200 billion in science and technology research funding that will be spread across several government agencies over the next five years. The largest recipient of the research funds will be the National Science Foundation, which will receive $81 billion.
Related:
Third, the CHIPS Act actually has provisions designed specifically to restrict investments in China. These so-called “guardrails” require that companies taking federal dollars for American projects must also agree not to invest in state-of-the-art technology in China—not just with the federal dollars, with any dollars. Good-faith critics have raised fair concerns that these guardrails should be broader, tougher, and firmer. But any guardrails at all represent unprecedented restrictions on what U.S. companies can do in the People’s Republic. It’s one thing to say an ideal bill would hurt China even more; it’s quite another to try and claim that less-than-perfect restrictions count as “help.”
Pelosi’s Husband Dumped Up to $5M of Tech Stock Right Before Senate Passed CHIPS
UPDATED: FDA is considering FOURTH dose of COVID-19 vaccine and making it an annual shot as cases across the US drop 43% over the past week and 87% since the peak of the Omicron variant
Related:
WSJ: FDA Eyes Second Covid-19 Booster Shot
A fourth booster shot of either the Pfizer or Moderna vaccine could start an annual booster shot campaign, one of the people familiar with the FDA’s planning said.
I’m not buying the media’s scaremongering about the second omicron variant!
Ms. Cat’s Chronicles 
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