As the communist regime in China ramps up its display of power, the United States needs to assist Taiwan in maintaining a sufficient self-defense capacity, the top U.S. diplomat for Asia said on Dec.2. “As the threat and coercion from the People’s Republic of China increases, I think we need

Oil Crashes After OPEC+ To Proceed With Planned 400Kb/d Output Hike An earlier trial balloon of a smaller 200k b/d production hike was been popped as Russia moves with a formal proposal for OPEC+ to lift oil output by 400,000 b/d for January, sending oil markets crashing. Energy Intel’s Deputy

“Here Comes A Revolution!” – Saxo Bank Unveils Its ‘Outrageous Predictions’ For The Year Ahead Saxo Bank has today released its 10 Outrageous Predictions for 2022. The predictions focus on a series of unlikely but underappreciated events which, if they were to occur, could send shockwaves across financial markets: The plan

Bill LaPlante, who left the Pentagon in 2015, has spent the past six years working on technologies the military craves. President Biden said Tuesday that he would nominate the former Air Force weapons chief to become the Pentagon’s top arms buyer. Politico first reported his nomination. Autonomy, machine learning, and other software, to name a few such

Futures Rebound Fizzles On Slowing iPhone Demand, Omicron Fears U.S. index futures regained some ground alongside Asian markets while European stocks slumped to session lows in a delayed response to yesterday’s late Omicron-driven US selloff, as markets remained volatile following the biggest two-day plunge in more than a year, spurred

LONDON—OPEC and its allies will decide on Thursday whether to release more oil into the market or restrain supply amid big gyrations in crude prices, a U.S. release from oil reserves, and fears over the new Omicron coronavirus variant. Brent has tumbled to about $70 a barrel, down from October’s

Boeing Shares Soar As China Clears 737 MAX To Fly Again Shares of Boeing are higher in U.S. premarket trading Thursday after China’s aviation authority issued an airworthiness directive on the 737 MAX, and the planemaker’s engine supplier provided a positive outlook.  After more than two and a half years,

As the Senate takes up its version of the annual defense policy bill this week, one of the provisions tucked into the legislation would boost funding for U.S. quantum computing efforts. The Senate’s version of the National Defense Authorization Act would add $100 million on top of the $430 million

Sen. Marco Rubio (R-Fla.) late Wednesday blocked a quick deal for votes on an amendment deal for an annual defense policy bill, over his proposed legislation that would hold the Chinese regime accountable for its human rights abuses. Rubio had proposed for an amendment to be included in the the National

BEIJING (AP) — China’s aviation regulator cleared the Boeing 737 Max on Thursday to return to flying with technical upgrades more than two years after the plane was grounded worldwide following two fatal crashes. China is the last major market where the Boeing 737 Max was awaiting approval after the