DefenseNews

House panel takes aim at Navy size, new capabilities in defense bill

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…
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Cleantech & EV'sNews

Ford trims EV battery orders as losses swell to over $100,000 per electric car in Q1

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…
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CryptoNews

Zimbabwe Government-Appointed Committee Aims to Understand Local Cryptocurrency Ecosystem

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…
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DefenseNews

US Army experiments with long-endurance drones, balloons in Philippines

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…
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