The Fallacy Of Stable Prices

With Friday Treasury Action, There Goes The 'No New Sanctions' Clause Of The MOU The United States unveiled new sanctions on Iran Friday, an act which crucially breaks a key aspect of the Memorandum of Understanding (MoU) agreement signed last month - namely that no new sanctions can be imposed while the warring sides negotiate to reach a lasting peace. The ceasefire itself is already out the window, President Trump has said late this week, amid contradictory reports over indirect talks being back on. The new US Treasury action specifically targets...

China Revives Heavy Naval Firepower With New 155mm Gun That "Could Support An Attack On Taiwan" As modern naval combat increasingly relies on aircraft, missiles and unmanned systems, China is investing in a capability many navies have largely moved away from: heavy naval artillery, according to South China Morning Post. Recent reports indicate that the PLA Navy is testing a new 155mm naval gun, a calibre larger than any main gun currently in active naval service. The weapon has been observed aboard the experimental vessel Wu Yunduo, which appears to have...

Chips To Ships: Nvidia Plans New Shipbuilding Investment With Kawasaki Authored by Stuart Chirls via FreightWaves.com, Can the world’s newest technology give a boost to one of transportation’s oldest? A plan by leading Asia companies wants to find out. Nvidia and Kawasaki Heavy Industries announced a joint effort to build a “next‑generation digital shipyard” at Kawasaki’s Sakaide Works in Japan.  The core of the deal is co‑development of AI‑powered robots for shipbuilding tasks such as welding, painting, inspection, and material handling. Kawasaki (OTC: KWHIY) will contribute decades of shipbuilding data, production know‑how, and its own...