Oct 3, 2024 (Bloomberg) –The Pentagon will spend about $1.2 billion to maintain ships deployed as part of operations in the Red Sea and to replenish stocks of missiles fired to repel attacks by Iran and its proxies, according to new budget documents.
CATL and SMIC are two giant Chinese companies that are often singled out by Western think tanks as two firms who benefit from China’s subsidies, at the expense of foreign competition.
But all industrialized countries employ government subsidies, which help favored domestic industries grow. China, however, uniquely can invest in preferred sectors by channeling its massive trading surpluses, and providing low-cost access to its world-leading supply chains and logistics systems.
In contrast, North American and European companies who seek government incentives and subsidies are competing with other spending priorities, as all the funds come from taxpayers. This reality requires of companies seeking government help to do so through proxies, lobbying efforts, and through think-tanks who create research that can be published and used by lawmakers to justify the use of taxpayer funds.
Late last year, the U.S. Food and Drug Administration (FDA) quietly introduced a regulation that may be one of the most important shifts in how non-profit and for-profit U.S. institutions, both at home and abroad, conduct future medical and public health research. It represents an erosion of personal medical choice and threatens to undermine the public’s trust in scientific investigations in biomedicine.
Ukrainian President Volodymyr Zelensky made headlines earlier this week when he visited Ukrainian soldiers in a hospital to thank them for their service and dole out commendations. But there is one aspect of the story that is raising a lot of eyebrows: the hospital where the soldiers are being treated is in New York.
With the coming US-NATO dangerous war games in the Black Sea it seemed like a good idea to post this study by the right-wing Heritage Foundation. This should give us all a clear idea of what Washington and Brussels are up to in the region.
Littoral combat ships were supposed to launch the Navy into the future. Instead they broke down across the globe and many of their weapons never worked. Now the Navy is getting rid of them. One is less than five years old.
The Pentagon reportedly plans to pull out some of its troops from the African country
The US has begun “repositioning” the troops it has in Niger and plans to cut their number “nearly in half” over the next several weeks, Politico reported on Friday citing two Defense Department officials.
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