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"Demand Signal Is Real": US Bipartisan Senate Delegation Touts Defense Boom At Farnborough Airshow
"Demand Signal Is Real": US Bipartisan Senate Delegation Touts Defense Boom At Farnborough Airshow
The Farnborough International Airshow kicked off on Monday and is one of the world's largest aerospace, aviation and defense trade shows. It is held every two years at Farnborough Airport in Hampshire.
A Reuters report says that a bipartisan group of nine US senators urged allied European defense giants to expand production, as there is soaring demand for missiles, bombs, drones, and interceptors, and as Congress moves to boost defense spending.
"Our message is encouragement to them...
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Apr 11, 2026 / Tyler Durden
Texas To Face $700 Million In Federal Penalties For SNAP Errors Through 2027
Texas To Face $700 Million In Federal Penalties For SNAP Errors Through 2027
Authored by Sylvia Xu via The Epoch Times,
Texas is expected to pay $708 million more by 2027 to the federal government in penalties for erroneous distributions from the Supplemental Nutrition Assistance Program (SNAP).
The state officials released the cost in a presentation to the Senate Committee on Health and Human Services on April 8.
The state payment error rate was estimated to be nearly 9 percent in fiscal year 2025, totaling $627 million in erroneous payments.
Under the One Big...
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Apr 28, 2026 / Tyler Durden
Ft. Knox Full Of Impure Gold Unfit For International Transactions
Ft. Knox Full Of Impure Gold Unfit For International Transactions
Authored by Jp Cortez via The Mises Institute,
The bulk of the US gold reserves held in Fort Knox are made up of impure “non-standard” bars that don’t qualify for use in international settlements.
In practice, this means that most of America’s massive gold stockpile is illiquid and wouldn’t be readily accepted on the international market should the need arise:
“It’s a decrepit relic just like our monetary policy is. With respect to America’s gold stockpile, we hold ourselves to a lower...
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Jul 14, 2026 / Tyler Durden
China's Mass Production Of Dual-Use Drone Engines Fuels A Global Proliferation Crisis
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