Archive for the 'War' Category
Iraqi Army ‘Had 50,000 Ghost Troops’ on Payroll
December 3rd, 2014Via: BBC: An investigation into corruption in the Iraqi army has revealed that there were 50,000 false names on its payroll. Known in the military as “ghost soldiers”, they either did not exist or no longer reported for duty, however their salaries were still paid. A statement from the PM’s office said the payments have […]
As Oil Prices Plunge, Wide-Ranging Effects for Consumers and the Global Economy
December 2nd, 2014Via: Washington Post: Tumbling oil prices are draining hundreds of billions of dollars from the coffers of oil-rich exporters and oil companies and injecting a much-needed boost for ailing economies in Europe and Japan — and for American consumers at the start of the peak shopping season. The result could be one of the biggest […]
U.S. Navy Pushes Solar Energy Storage Solution
December 1st, 2014Disclosure: I sell solar power systems in New Zealand. Via: CleanTechnica: We just got wind of a major new oil industry campaign to tear down California’s clean energy rules, but we’re thinking these guys are going to be outflanked by the shockingly rapid growth of the energy storage sector. Case in point: the Navy Mobile […]
Bird Bomb? Afghan Police Kill Bird Bearing Antenna, Explosives
November 30th, 2014Via: NBC: Afghan police said they are investigating how a wild bird came to bear an antenna, electronic devices and explosives. Police came across the strange sight around 8 a.m. in the northern Faryab province, a volatile region ravaged by Taliban violence. When police spotted the white bird — which isn’t native to the area […]
Oil Down 6.88% On OPEC Strategy to Destroy U.S. Shale Business
November 27th, 2014Warning: This is not a recommendation to buy, sell or hold any financial instrument. I’ll be dusting off some capital for an eventual long side play. However, there’s a part of me, a gut feeling, that thinks that the shale apocalypse will just continue on somehow. Crude Oil Jan 15 (CLF15.NYM) -NY Mercantile 68.62 Down […]
OPEC Policy Ensures U.S. Shale Crash, Russian Tycoon Says
November 27th, 2014Via: Bloomberg: OPEC policy on crude production will ensure a crash in the U.S. shale industry, a Russian oil tycoon said. The Organization of Petroleum Exporting Countries kept output targets unchanged at a meeting in Vienna today even after this year’s slump in the oil price caused by surging supply from U.S shale fields. American […]
Secret Malware in European Union Attack Linked to U.S. and British Intelligence
November 25th, 2014Via: First Look: Complex malware known as Regin is the suspected technology behind sophisticated cyberattacks conducted by U.S. and British intelligence agencies on the European Union and a Belgian telecommunications company, according to security industry sources and technical analysis conducted by The Intercept. Regin was found on infected internal computer systems and email servers at […]
Defense Secretary Chuck Hagel Forced to Step Down
November 24th, 2014Via: NBC: Defense Secretary Chuck Hagel is stepping down amid criticism of the president’s national security team on a series of global issues, including the threat posed by the militant group known as ISIS. Senior defense officials confirmed to NBC News Monday that Hagel was forced to resign. The officials say the White House has […]
Regin: Top-Tier Espionage Tool Enables Stealthy Surveillance
November 24th, 2014Via: Symantec: An advanced piece of malware, known as Regin, has been used in systematic spying campaigns against a range of international targets since at least 2008. A back door-type Trojan, Regin is a complex piece of malware whose structure displays a degree of technical competence rarely seen. Customizable with an extensive range of capabilities […]
U.S. Navy Deploys Its First Laser Weapon in the Persian Gulf
November 14th, 2014Via: Bloomberg: The U.S. Navy has deployed on a command ship in the Persian Gulf its first laser weapon capable of destroying a target. The amphibious transport ship USS Ponce has been patrolling with a prototype 30-kilowatt-class Laser Weapon System since late August, according to officials. The laser is mounted facing the bow, and can […]
