Archive for May, 2018

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U.S. Navy Resurrecting Second Fleet

May 7th, 2018

Via: Independent: The US Navy is resurrecting its Second Fleet to counter the renewed threat from Russia. Admiral John Richardson, chief of naval operations, said the reformed group would control ships, aircraft and landing forces on the East Coast and north Atlantic Ocean. “Our National Defense Strategy makes clear that we’re back in an era […]

Oil Rises Past $70

May 7th, 2018

Via: Reuters: The dollar rose to fresh 2018 highs on Monday while oil prices surged to their highest since late 2014, driven by declining Venezuelan crude production and worries the Unites States could re-impose sanctions on Iran. … U.S. crude rose 73 cents to $70.45 a barrel, while Brent gained $1.22 to $76.09.

Australian Government Launches Urgent Fuel Security Review as Reserves Dip Below 50 Days

May 7th, 2018

Via: New Zealand Herald: Energy Minister Josh Frydenberg has ordered an urgent review of Australia’s liquid fuel reserves as the country dips below 50 days, but says it should “not be construed as Australia having a fuel security problem”, reports news.com.au. The International Energy Agency mandates that countries hold at least 90 days’ supply, but […]

More than 1,600 Arrested Amid Protests Against Putin in Russia

May 5th, 2018

Via: CBS: Russians angered by the impending inauguration of Vladimir Putin to a new term as president demonstrated throughout the country on Saturday. Police responded by reportedly arresting more than 1,600 of them, including protest organizer Alexei Navalny, the anti-corruption campaigner who is Putin’s most prominent foe. Police seized Navalny by the arms and legs […]

New Zealand: Final Splice of Hawaiki Cable Complete; End-to-End Connectivity Confirmed

May 4th, 2018

Via: Hawaiki Cable Press Release: Hawaiki Submarine Cable LP and TE SubCom, a TE Connectivity Ltd. company and an industry pioneer in undersea communications technology, today announced that the final splice of the Hawaiki Submarine Cable has been made and the system is on schedule to be in service in June 2018. With the final […]

Volkswagen Doubles EV Battery Order To $48 Billion

May 4th, 2018

Via: Fortune: A few hours after Elon Musk berated analysts for what he perceived as unimaginative questions, Volkswagen AG said it was writing a check for batteries that almost match Tesla’s entire market value. VW has awarded battery-purchasing contracts worth 40 billion euros ($48 billion), double from just a few weeks ago. The deals take […]

Giuliani: Trump Reimbursed Michael Cohen for Hush-Money Payment to Porn Star

May 3rd, 2018

Via: NBC: Federal investigators have wiretapped the phone lines of Michael Cohen, the longtime personal lawyer for President Donald Trump who is under investigation for a payment he made to an adult film star who alleged she had an affair with Trump, according to two people with knowledge of the legal proceedings involving Cohen. It […]

CIA Emails to Journalists Don’t Have to be Released to Public, Judge Rules

May 3rd, 2018

Via: McClatchy: The CIA can selectively divulge classified information to selected reporters in emails yet withhold that information from other journalists or members of the public when they seek the same information under the Freedom of Information Act, a federal judge in New York has ruled. … Judge Colleen McMahon of the Southern District of […]

Mercedes Gives Up on Home Energy Storage, Can’t Compete with Tesla

May 3rd, 2018

Man oh man. Nobody said it was going to be easy. Via: GTM: Mercedes-Benz will stop manufacturing residential batteries and dissolve its U.S. energy subsidiary, ending a short-lived challenge to Tesla’s energy storage empire.

Jeff Bezos Dreams of a World with a Trillion People Living in Space

May 2nd, 2018

My guess is that he plans to ride out TEOTWAWKI in a personal submarine. Via: CNBC: Dreaming big isn’t something Jeff Bezos has a problem with. And true to form, the multi-billionaire’s vision for the world that his great-grandchildren’s great-grandchildren will live in is pretty wild to imagine. The Amazon and Blue Origin boss says […]

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