Three Ships Struck in the Strait of Hormuz as IRCG Says US Isn’t Responding to Attacks

President Trump, speaking at the Republicans’ midterm convention, pledged that if Republicans maintained control of the Congress in the November election every adult American will receive 5,000 dollars from the government. President Trump said that the government could afford the estimated 1.3 trillion dollars cost “because we’ve done so well and because our country is […]

Iran Launches Crypto-Based "Hormuz Safe" Insurance Platform For Ships Crossing Strait Via The Cradle The Islamic Republic of Iran has launched a digital insurance platform, titled Hormuz Safe, in order to guarantee safe passage through the Strait of Hormuz and provide coverage for commercial vessels.  The platform will rely on cryptocurrency payments from vessels and is being advanced by the Iranian Economy Ministry, according to a Saturday report by Fars News Agency.  "The Ministry of Economy is advancing a plan that would make the management of the Strait of Hormuz possible through insurance...

Armor, Ammunition And Battlefield Adaptation Goldman Sachs analyst Sam Burgess, who covers European defense companies including Airbus, BAE Systems, Rheinmetall, Renk, Rolls-Royce, Safran, Leonardo, Thales, and Dassault Aviation, held a call with retired German Lieutenant General Andreas Marlow to provide clients with greater color on the rapidly evolving modern battlefield and its implications for defense-sector investment decisions. Marlow said the war in Ukraine has exposed a slew of weaknesses in conventional armies rather than rendering them obsolete. He said future combat will depend on integrated forces combining armor, infantry, artillery, all...