D.C. Economy "Under Strain," Faces Biggest Spending Cuts Since Great Recession

Futures At Session Highs After Oil Drops Below $100 On India Hormuz Transit Hopes US stock futures rebounded from their overnight selloff, and were trading near session highs after three days of losses on Wall Street as Brent slipped below $100 a barrel and investors waited to see if the war in the Middle East would escalate further. The catalyst for the bounce was news that India asked Iran to allow its tanker armada through Hormuz, which would lead to a substantial easing of the global oil shipping blockade. And while it...

President Donald Trump said that the “new” President of Iran had accepted a ceasefire with the US. Tehran quickly denied Trump’s statement.  “Iran’s New Regime President, much less Radicalized and far more intelligent than his predecessors, has just asked the United States of America for a CEASEFIRE!” the President posted on his Trump Social account […]

US Firm Boosts Production Of Precision Anti-Drone Systems Authored by Prabhat Ranjan Mishra via Interesting Engineering, A Florida-based company is accelerating production of powerful systems that can counter small drone threats. VAMPIRE counter-unmanned systems (C-UxS) deliver precision strike capabilities against drones. The system has proved its efficacy on the frontline. Developed by L3Harris Technologies, the system is a self-contained platform that delivers advanced reconnaissance and can conduct operations against remotely piloted aircraft. VAMPIRE counter-unmanned system installed on vehicle L3Harris Technologies recently installed its VAMPIRE counter-unmanned system aboard a GM Defense Infantry Squad Vehicle (ISV), demonstrating...