Of Eric Tegler Ukrainian forces are to receive an anti-aircraft and surface-to-ground precision missile system, which they can use from the back of a truck, SUV or trailer. The image of heavy weapons mounted on trucks is familiar to Americans who have seen nearly two decades of videos and photos of Taliban and ISIS fighters […]
Tag: Forbes Global Media
From Russia’s borders to the Middle East and Central Asia, the strategic balance is shifting
Of Melik Kaylan The US just bombed Revolutionary Guard bases in Syria. Strategic power blocs are shifting tectonically and no one seems to have noticed. To do this you need to connect the dots of seemingly unrelated events into cause and effect. Here is a patchwork of them. See if you agree with the coherent […]
The New World Energy Order: A War of Attrition
Of Tilak Doshi Wars of attrition are defined as those during which opposing forces do not face off in direct combat with all of their forces, but instead aim to exhaust each other over a period of time. Classical free trade is largely voluntary and mutually beneficial to the contracting parties. But unilaterally imposed economic […]
Ford, Tesla and Netflix are among the best-performing stocks since the summer rally
Of Sergei Klebnikov With the S&P 500 up 17% from a mid-June low, big names such as Ford, Tesla and Netflix were among the biggest gainers, while several energy and consumer stocks fell despite a broad stock market rally last months. The benchmark S&P 500 has erased most of its losses from a violent selloff […]
What we learned from the cryptocurrency meltdown about the value of money
Her Jemma Green If you grew up with a Christian education that often had an ambivalent relationship with money, you will have learned that money, on the day of judgment, is worthless. Virtue is presented as something worthy, as something that will get you through the gates of heaven, but money alone represents nothing. When […]
Gucci pioneers cryptocurrency trading
Of Walter Loeb Gucci started accepting cryptocurrency payment in some of its US stores starting May 2022. Now, about 70% of its stores accept a variety of digital currencies. The remaining ones aren’t expected to be out much longer. Gucci was the first brand to accept cryptocurrency and this week was the first to accept […]
New NASA mission to Mars will return samples from the planet to Earth in 2033
Of Jamie Carter NASA is sending two helicopters to Mars — but no new rover — as part of a historic trip from Earth to Mars to collect rock samples. In the 17 months since landing on Mars, the Perseverance rover has collected 11 scientific samples of rock cores and one atmosphere sample. Once back […]
Argentina is once again on the brink of economic collapse
Of Agustino Fontevecchia Some 30 months after the new government took office, Argentina found itself in dire economic straits, with an alarming drop in the peso and an economy faltering due to a lack of reserves in the Central Bank’s coffers. The underlying problem, as usual, was a complete lack of confidence in the government’s […]
US general says Western countries could eventually send aircraft to Ukraine
Western countries could provide Ukraine’s air force with aircraft and pilot training, the head of the US Air Force Chief said on Wednesday, an idea that would significantly increase Western aid to Ukraine as it battles Russian troops – but military officials say no concrete decisions have been made yet. Air Force Gen. Charles Q. […]
Who Will Buy Robinhood?
Of Jason Bisnoff Last week there were rumors that cryptocurrency exchange FTX might be looking to buy Robinhood as its share price continues to fall. Despite denials from FTX founder and CEO Sam Bankman-Fried, the idea raised questions: whether the brokerage is for sale and who might be interested in buying it. In a report […]