Mamdani Proposes Massive Estate Tax Exemption Cut From $7M To $750K, Among Other Tax Increases

India Unveils AI Kamikaze Drone As Global Powers Rush To Acquire Cheap Loitering Munitions The most visible weapon in the wars across Eurasia, from Ukraine to the Middle East, is the low-cost one-way attack drone. It has forever changed the economics of war and how war is fought on the modern battlefield by enabling swarm strikes at a fraction of the cost of traditional air-delivered munitions. Ukraine and Russia both proved this, and the last five weeks of the U.S.-Iran conflict have really confirmed it. In many ways, the war in...

Armor-Piercing Ammo Metal Up 557% As China Chokes Supply, War Demand Surges Tungsten, used in missiles, tank rounds, armor-piercing ammunition, and some smaller-caliber munitions, has surged in price over the last year as China curbed exports and global supplies tightened. This is a major concern, as multi-front conflicts - from the Middle East to Eastern Europe - are depleting interceptor missile supplies. Bloomberg cites new data from commodity price reporting agency Fastmarkets showing tungsten prices have surged to $2,250 per metric ton this month, up 557% since Beijing added certain tungsten...