This is the type of AI that all leading experts have warned us about. German defense firm Helsing has announced it will provide Ukraine with 4,000 HX-2 “Karma” kamikaze drones this month. Germany’s Defense Minister Boris Pistorius said he had been “very pleased that the delivery of these drones equipped with artificial intelligence (AI) technology […]
The nursing home for retired neocons, also known as NATO, continually disregards any offers for peace. Russia has been adamant that NATO must not back it into a corner or the situation could go nuclear. Yet, NATO has revealed plans to build another factory close to Russia’s border. German-based Rheinmetall has partnered with NATO to […]
Nippon Steel, a Japanese company, has offered to buy US Steel for $14.9 billion, yet both President Joe Biden and president-elect Donald Trump strongly oppose the deal. Both men believe it is vital to keep the historic company domestic. But why has America’s steel industry become less competitive? Demand for steel fell 0.4% YoY during […]
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 27.53 points or 0.07% to 39,276.39 • Shanghai decreased 14.16 points or -0.42% to 3,364.65 • Hang Seng decreased 3.86 points or -0.02% to 19,742.46 • ASX 200 decreased 32.60 points or -0.38% to 8,462.60 • SENSEX increased 92.04 points […]
Gone are the days when people queued for hours to receive the latest and greatest COVID vaccine to protect against the new strain of the season. A new poll by Pew Research Center has found that 60% of Americans will probably not take the updated vaccination. There are the diehards who “trust the science,” with […]
South Korean President Yoon Suk Yeol declared an “emergency martial law” on Tuesday without providing clear reasoning. Sources say that Yoon fears impeachment from the opposition party and this declaration is merely a way for him to buy time. “To safeguard a liberal South Korea from the threats posed by North Korea’s communist forces and […]
Californians pay a fixed rate for their energy grid, but the state has been harvesting a surplus to the point that operators are forced to offload the energy to neighboring states that purchase it at a discount or even receive it free of cost. Governor Gavin Newsom praised California for advancing its energy storage by […]
https://www.armstrongeconomics.com/wp-content/uploads/2019/11/Biden-Ukraine.mp4 QUESTION: Biden said he would not pardon Hunter, and then he did. Was this not a slap in the face to the Democratic Party that will contribute to its breakup, as you have warned? JM ANSWER: It is worse than you think. This could backfire, for it was not a pardon for Hunter […]
ASIA: The major Asian stock markets had a green day today: • NIKKEI 225 increased 735.84 points or 1.91% to 39,248.86 • Shanghai increased 14.82 points or 0.44% to 3,378.81 • Hang Seng increased 196.03 points or 1.00% to 19,746.32 • ASX 200 increased 47.30 points or 0.56% to 8,495.20 • SENSEX increased 587.29 points […]
What began as a special military operation has turned into the start of the next world war, and Russia is paying heavily. Russian President Vladimir Putin passed a new budget over the weekend that will allocate 32.5% of the total budget (13.5 trillion rubles) for FY25 to defense spending, which accounts for 6.2% of total […]
