A defense policy bill released this week by the House Armed Services Committee expresses concerns over the Navy’s aging cruisers, the cost and capability of a planned amphibious ship, development of capability to rearm vessels at sea, and more.
The language in the committee’s fiscal 2025 National Defense Authorization Act represents a continuation of disagreements between lawmakers and the sea…
VW just announced that the 2025 ID. Buzz, its electric “reincarnation” of the Microbus, will be offered in three trims in the US: Pro S, Pro S Plus, and a launch-only 1st Edition. Pro S models will be available in RWD only, with a bench seat to accommodate up to seven…
It’s true: cargo e-bikes are replacing trucks and vans for city deliveries like we’ve never seen before. With an ever-increasing push towards removing those heavy vehicles from our roads, larger electric cargo bikes are starting to pop up, offering to handle more of the…
With losses piling up, Ford is cutting back on EV battery orders. According to sources, the move comes as Ford’s EV losses pile up, topping over $100,000 per electric car built in the first quarter.
After announcing plans to delay around $12 billion in EV spending last year, Ford has continued to push back EV initiatives, citing slower-than-expected market demand.
After cutting F-150 Lightning…
Oasys, a blockchain network focused on gaming, has partnered with SBINFT Market, an NFT platform operated by a subsidiary of the Japanese financial conglomerate SBI Group, to expand the crypto gaming sector in Japan. The collaboration will allow developers on the Oasys…
U.S. Congressman Gabe Amo (D-RI), along with Congressmen Brad Sherman (D-CA) and Gerald E. Connolly (D-VA), sent a letter to U.S. Treasury Secretary Janet Yellen regarding the Moscow-based cryptocurrency exchange Garantex. They expressed concerns that Garantex is reportedly…
Zimbabwe Government-Appointed Committee Aims to Understand Local Cryptocurrency Ecosystem
May 16, 2024
The Zimbabwean government has formed a multi-stakeholder committee, tasked with consulting stakeholders in the cryptocurrency ecosystem. This committee, known as the National Risk Assessment Coordination Committee (NRACC), aims to determine the nature and extent of the cryptocurrency ecosystem in Zimbabwe. It will also evaluate the risks associated with cryptocurrencies, such as their potential…
It is time to rebalance Department of Defense resources so that our men and women in uniform can fight, if necessary, and win in an increasingly dangerous world. Given the threats posed by China, Russia, Iran, North Korea and an array of nonstate actors, the United States is…
A proposed House policy bill would slash the number of F-35 Joint Strike Fighters the Pentagon would buy in fiscal 2025 as lawmakers’ patience with the program and manufacturer Lockheed Martin wears thin.
The Pentagon’s proposed FY25 budget called for buying 68 of the…
BASCO, Philippines — A barely detectable speck appears near a beaming, late afternoon sun and then dodges behind a cloud. Soon that small speck, as it makes its slow descent, takes the form of a sleek, small unmanned aircraft.
The aircraft makes a quiet, delicate landing along the runway of a remote island airfield in the Philippines in the temporarily breezeless, scorching heat. The platform…