- December 3rd, 2025
The U.S. Federal Reserve reduced interest rates by a quarter-point on Thursday, unfazed by the political climate surrounding Donald Trump's election victory. The decision, which lowers the federal funds rate to a range of 4.50% to 4.75%, was met with...
The White House, President-elect Donald Trump announced Thursday that Susie Wiles, one of his two campaign managers, will assume the influential role of White House chief of staff. This appointment underscores Trump’s intent to entrust the core of his administration...
Soros Fund Management, founded by billionaire investor and philanthropist George Soros, has announced plans to close its Hong Kong office, signaling a shift in its Asia-Pacific strategy. The decision is reportedly part of a larger administrative reorganization aimed at streamlining...
Asian equities saw a broad rally Friday, with stocks across Australia, Japan, South Korea, and China all advancing in response to a strong performance across US markets and a recent interest rate cut by the Federal Reserve. Following the Fed’s...
The Zhuhai Airshow 2024 has provided a platform for China’s Norinco to showcase its latest advancement in armored vehicle technology: the VT4A1 main battle tank. As an upgrade of the VT-4 and an interim step toward the forthcoming VT-4B model,...
The Czech Ministry of Defense has announced the formation of four tank companies, amounting to one battalion, equipped with advanced Leopard 2A8 tanks. This milestone, part of a broader €2.1 billion contract with Germany finalized in June, will see the...
Ecuador unveiled its first Mine-Resistant Ambush Protected (MRAP) vehicle tailored specifically for the needs of its Naval Infantry. This vehicle, named Blindex Armorings C.A-Hino Dutro 716, debuted officially on October 27, 2024, and marks a historic achievement for Ecuador’s armed...
At this year's Euronaval exhibition in Paris, Euroatlas introduced the Greyshark, a state-of-the-art Autonomous Underwater Vehicle (AUV) that represents a groundbreaking leap in underwater defense technology. Designed for a broad spectrum of defense and maritime applications, the Greyshark AUV stands...
In a recent announcement, European defense company MBDA has decided to stop production of its Taurus long-range cruise missiles, citing a lack of new orders from the German government. Thomas Gottschild, head of MBDA’s German subsidiary, confirmed the suspension, stating...
In a historic move, a J-15T carrier-borne fighter jet arrived in Zhuhai, Guangdong Province, on Wednesday in preparation for the 15th Airshow China 2024, marking the debut participation of the Chinese People’s Liberation Army (PLA) Navy in the highly-anticipated defense...
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