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China Produces "Baby Shahed" Kamikaze Drones For $500 China's manufacturing base is now churning out short-range, low-cost kamikaze drones priced at under $500 per unit, which X user PLA Military Updates has described as "Baby Shahed" drones. According to the post, the so-called Baby Shahed costs around 3,000 yuan (about $450), has a range of 20 to 30 kilometers, flies at roughly 200 kilometers per hour, and can be launched by hand or from a rack. These drones could even be launched from a box truck or shipping containers. 🇨🇳Chinese civilian...

US Africa Command said in a press release on Saturday that its forces launched an airstrike in Somalia on April 17, as the pace of US bombings in the country has escalated amid the very fragile ceasefire between the US and Iran. AFRICOM said that the strike targeted the ISIS affiliate in Somalia’s northeastern Puntland […]

Companies Report Raging Inflation, Except In Wages & Rents Authored by Wolf Richter via Wolf Street, Manufacturers reported that the costs of health insurance for employees shot up by 14.2% on average; service firms reported an average increase of 12.9%, according to a report by the New York Fed based on a survey of companies in the New York-Northern New Jersey region. These are averages, but “some firms reported increases of between 25% and 50% when they renewed their coverage,” the report said. Manufacturers and service firms both reported that the costs...