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Stay Informed with the Latest Political News on Politics Affairs

EU regulators must let defense firms merge freely, Leonardo boss urges

The European Union’s anti-trust officials must stay out of the defense sector and allow local firms to merge, integrate and build a critical mass to face global competition, the CEO of Italy’s Leonardo has warned.

Feb 19, 2024

European coalition to rush first-person-view drones to Ukraine

European nations are setting up a drone coalition, led by Latvia and Britain, to supply and support the production of thousands of first-person-view drones for the Ukrainian military.

Feb 19, 2024

Greek Army weighs options for breathing new life into Leopard 1 tanks

German arms manufacturer Krauss-Maffei Wegmann has partnered with local Greek supplier EODH and Spanish electronics firm Duma to propose an upgrade package for the modernization of the Hellenic Army’s Leopard 1A5 fleet.

Feb 19, 2024

West 2024: A roundup of news and military tech in San Diego

Some of the world’s largest defense contractors as well as U.S. Navy and Marine Corps leadership converged on the waterfront convention center here for the West conference Feb. 13-15. Reporters with C4ISRNET, Defense News and Navy Times were there as well, chronicling the events and conversation.

Feb 19, 2024

British retail rebound provides some hope for recession-hit economy

Stronger-than-expected January retail sales provided a glimmer of light for the struggling British economy on Friday — and suggest that the country’s recession will be short-lived, according to some economists.

Feb 19, 2024

China will showcase its domestic jetliner at the Singapore Airshow. Here’s what else to expect

China is gearing up to showcase its narrow-body passenger jet to a global audience for the first time at the Singapore Airshow.

Feb 19, 2024

Sony plunged $10 billion after its PS5 sales cut. But a bigger issue is its near decade low games margin

Around $10 billion of value was wiped off Sony’s stock last week, after the Japanese tech giant cut its sales forecast for its flagship PlayStation 5 console for the fiscal year.

Feb 19, 2024

Guyana says will seek UN help if Venezuela moves on disputed region of Essequibo

Tensions rose between Venezuela and Guyana Tuesday as Caracas proposed a bill to declare a Venezuelan province in a disputed oil-rich region and ordered the state oil company to issue licenses for extracting crude there.

Feb 19, 2024

Robert Kiyosaki Expects Bitcoin to Take off — Foresees Gold Crashing Below $1,200

Rich Dad Poor Dad author Robert Kiyosaki has predicted that bitcoin and silver will take off while gold will crash below $1,200. He urges investors to prepare for the “biggest crash in history” which he forecasted in his book years ago. Emphasizing that the Federal Reserve is “destroying” the U.S. economy, he advised: “Rather than trust the Fed, I prefer to trust gold, silver, and bitcoin.”

Feb 19, 2024

Retail investors are easing back into crypto while VC funding rises for first time in 1.5 years

While retail crypto traders want to get on the bullish bandwagon, the series of exchange bankruptcies in 2022 has taught them to be cautious.

Feb 19, 2024