Israeli Strike on Vehicle in Gaza City Kills Three

President Donald Trump told Turkish President Recep Tayyip Erdoğan that he would lift sanctions. In 2020, Trump imposed sanctions on Turkey because Ankara agreed to buy an advanced Russian missile defense system.  “We’re going to be taking the sanctions off,” Trump said in a meeting with Erdoğan on Tuesday. “It’s time to do that. We […]

Stealth Technology In A Can Could Make Suicide Drones Invisible A Turkish defense startup claims it has developed a spray-on radar-absorbing paint coating that could reduce the radar signature of one-way attack drones without the exorbitant costs of traditional stealth materials, a capability once only reserved for major defense primes. Military and defense news outlet The Defense Blog reports that researcher Yunus İnce, along with colleagues at a small defense research firm, has developed a spray-on radar-absorbent material called "Kürşat 3.0." A Turkish startup claims it built a spray-on coating that makes...

Core US Factory Orders Better Than Expected In December While sentiment is sagging to multi-year lows, 'hard' data is helping support growth forecasts (GDPNOW) and holding stocks at record highs. This morning we get a fresh glimpse at America's manufacturing segment - hard data - with Orders data (which is expected to drop MoM in December). After surging higher in November (+2.7% MoM), analysts expected US Factory Orders to drop 0.6% MoM in December but the actual print disappointed, dropping 0.7% MoM Source: Bloomberg Interestingly, Core Factory Orders rose 0.4% MoM - better than...