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☆ US and Israeli weapons able to kill missiles in outer space were used to stop an Iranian attack. Those intercepts are tough shots.
▼ + stars: | 2024-04-17 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

Both the US and Israel used weapons capable of killing missiles in space to fend off Iranian weapons last weekend. Videos circulating online from the fight appeared to show an exo-atmospheric kill, though details are few. Intercepting a ballistic missile outside the Earth's atmosphere is a challenging task, an expert told Business Insider. Very unique footage showing an exoatmospheric interception amid the Iranian ballistic missile attack, likely by the Arrow 3 air defense system. The SM-3 is also capable of destroying short- to intermediate-range ballistic missiles during the midcourse phase and can hit targets outside the Earth's atmosphere.

Persons: —, Arrow, wrZNCV01tn — Emanuel, Mannie, Fabian, @manniefabian, Sidharth, Kaushal, Amir Cohen Organizations: Service, US, Iranian, ABM, Times, US Department of Defense, Israel Defense Force, Arrow, Royal United Services Institute, Reuters, Israel, Houthi, Center, Strategic, International Studies, Washington DC, US Navy, Missile Defense Locations: Israel, Iranian, Iran, Ashkelon, Washington

☆ NATO navies can exploit a Russian fear and keep Putin from invading more neighbors
▼ + stars: | 2024-03-03 | by ( Michael Peck | ) www.businessinsider.com time to read: +5 min

Today, NATO's naval power is far superior to Russia's. NATO may dominate the oceans, but that may not be much help if Russian tanks invade the Baltic States or Poland. Or more specifically, use naval power to scare Moscow into allocating its scarce resources to defending its huge coastlines rather than invading neighbors. "Rather than naval combat per se, the purpose of Russian sea power is to ensure that the Russian state can compete and engage in conflict safely and effectively," the essay said. In 2024, the fear is that NATO ships could launch long-range guided missiles at the Russian heartland.

Persons: Napoleon, Hitler fumed, Russia —, Kaushal, Rene Balletta, Alfred Thayer Mahan, Michael Peck Organizations: Service, Channel, Royal Navy, NATO, Alliance, Britain's Royal United Services Institute, Russian Navy, Black, Century, Russia, Russian Army and Aerospace Forces, West, Baltic, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: British, Russia, Baltic States, Poland, Moscow, Britain, Europe, Asia, Russian, Crimean, Sevastopol, Ukraine, Russia's, Finland, Norway, Forbes

☆ Ukraine is struggling hard on land, but thrashing Russia repeatedly at sea
▼ + stars: | 2024-02-14 | by ( Tom Porter | Mia Jankowicz | ) www.businessinsider.com time to read: +7 min

AdvertisementIf confirmed, it would mark strike twenty-five in a remarkable kill streak that Ukraine told CNN represents the disabling of a full third of Russia's Black Sea Fleet. AdvertisementUkraine's most astonishing triumph came early, in April 2022, when it sank Russia's Black Sea flagship, the Moskva. "Ukraine has been extremely successful against the Black Sea Fleet, forcing Russia to relocate assets further away from Ukraine and the frontline," Germond told BI. AdvertisementDown, but not outIs Ukraine's Black Sea success a solution to Ukraine's stalled ground offensive? This means that any ships sunk result in a longer-term decrease in the Black Sea Fleet.

Persons: —, Caesar, Ukraine Navy's, Murad Sezer, Sahaidachny, MAX DELANY, it's, Basil Germond, Germond, Michael Kofman, ” Sidharth, Kaushal, Russia can’t, ” Organizations: Service, Business, Russia's Ministry of Defence, Ukraine, CNN, Reuters, Getty, Military, Lancaster University, Shadow, Black, The Carnegie Endowment, Planet Labs PBC, Labs, UK’s Ministry of Defence, Royal United Services Institute, Montreux Convention, NATO, Ukraine’s Ministry of Defence Locations: Ukraine, Crimea, Bosphorus, Sevastopol, Moskva, Russian, Syria, Rostov, Minsk, Russia, France, Novorossiysk, Odesa, Ukrainian

☆ Russia used a Zircon hypersonic cruise missile for the first time in recent strike, Ukraine claims
▼ + stars: | 2024-02-13 | by ( Brad Lendon | ) edition.cnn.com time to read: +5 min

CNN —Ukraine claims it has evidence Russia fired an advanced hypersonic missile – one that experts say is almost impossible to shoot down – for the first time in the almost 2-year-old war. The government-run Kyiv Scientific Research Institute of Forensic Expertise said in a Telegram post that debris recovered after a February 7 attack on the Ukrainian capital pointed to the use of a Zircon hypersonic cruise missile by the Russian military. Ukrainian authorities reported four people were killed and 38 others injured in Kyiv during the February 7 attacks, but no casualties have been directly attributed to the alleged Zircon missile. Its hypersonic speed makes it invulnerable to even the best Western missile defenses, like the Patriot, according to the United States-based Missile Defense Advocacy Alliance (MDAA). Additionally, the MDAA says the Zircon is “a maneuvering anti-ship hypersonic cruise missile” with a range of somewhere between 500 and 1,000 kilometers (310 to 620 miles).

Persons: Serhii, Gorshkov, Vladimir Putin, ” Putin, Yurii Ihnat, ” Sidharth, CNN’s Svitlana Vlasova, Mariya Knight, Andrew Carey, Jack Guy Organizations: CNN, Kyiv Scientific Research, Forensic, Ukraine’s, Ministry, Firefighters, Reuters, Missile Defense Advocacy Alliance, Russian, Ukrainian Air Force, Royal United Services Institute, Zircons Locations: Ukraine, Russia, Russian, Kyiv, Holosiivskyi, United States, “, Ukrainian, London

☆ Ukraine's homemade sea drones often fail, but they're so cheap that it doesn't matter, expert says
▼ + stars: | 2024-02-08 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +5 min

Read previewUkraine's home-developed naval drones are offering vital capabilities that cruise missiles just don't have, a naval expert told Business Insider. This could have a sizable impact on Ukraine's ongoing efforts to subdue Russia's Black Sea Fleet. Defense Intelligence of UkraineSidharth Kaushal, a naval expert at the UK's Royal United Services Institute, outlined Ukraine's sea drones' limitations and advantages to BI. "The Ukrainians don't have very many cruise missiles that can target things at the ranges that they've been able to go after" with sea drones, he added. Since then, sea drones have been involved in multiple high-profile attacks, including reported strikes on two Russian landing ships in November.

Persons: —, Russia's, Kyrylo, Ukraine Sidharth, Kaushal, they've, Ukraine hasn't, Ivan Khurs, Basil Germond Organizations: Service, UK's Ministry of Defence, Business, Autonomous Guard, Defense Intelligence, Royal United Services Institute, CNN, Russia's Defence Ministry, Russian Defence Ministry, REUTERS, Lancaster University Locations: Ukraine, Russia, Russia's, Ukrainian, REUTERS Ukraine, Russian, Crimea

FRANKFURT, Germany (AP) — Missiles and drones are flying in the Red Sea, disrupting one of the world's key trade arteries and a chokepoint for energy shipments headed for Europe. Last year, 12.9% of Europe's LNG went through the Red Sea from suppliers in the Middle East, mainly Qatar. That means “an extended shut-in of the Red Sea route from the Middle East poses a supply risk to Europe,” said Kaushal Ramesh, vice president at Rystad Energy. So far, there's been little to no impact on natural gas prices. Europe is getting a break because demand for natural gas is weak amid a sluggish economy.

Persons: Yemen's Houthi, it's, ”, Kaushal Ramesh, there's, ” Rystad's Ramesh, Simone Tagliapietra, Tagliapietra, Biden, Vladimir Putin, Joe Biden, Jennifer Granholm, Eurogas, Tagliapeitra, Claudia Kemfert, ___ Daly Organizations: Missiles, Union, SEA, Italy's, Europe's, Rystad Energy, WHAT'S, Energy, Industry, German Institute of Economic Research, Leuphana University Locations: FRANKFURT, Germany, Red, Europe, Italy, Russia, Ukraine, Mandab, Israel, U.S, Yemen, Africa, Suez, Qatar, China, Norway, Azerbaijan, Brussels, Iran, Hormuz, Persian, That's, ”, Asia, ” U.S, USA, EU, Washington

☆ A Russian ship sunk last week was taken out by 6 sea drones powered by Jet Skis, pilot says
▼ + stars: | 2024-02-06 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA Ukrainian special military unit has described how it reportedly sunk one of Russia's Black Sea Fleet ships last week using six sea drones powered by Jet Skis, or civilian personal watercraft. A still from a video shared by Defense Intelligence of Ukraine on February 1, 2024, purportedly of the corvette Ivanovets ahead of its claimed destruction. Speaking to CNN, one of the drone pilots, identified by the call sign "13," said that the drones were powered by Jet Skis and controlled via a Starlink connection. In total, 10 MAGURA V5s were sent on the mission, with six hitting the ship, the pilot told CNN.

Persons: —, Kyrylo, Sidharth, Dmytro Pletenchuk Organizations: Service, Fleet, Jet, Defense Intelligence, Business, Autonomous Guard, CNN, Royal United Services Institute, Kyiv Post Locations: Russia, Ukraine, Crimea, Ukrainian, Kyiv

☆ Photos: Ayodhya Ram Mandir temple inaugurated in consecration ceremony overseen by Modi
▼ + stars: | 2024-01-23 | by ( Rhea Mogul | ) edition.cnn.com time to read: +4 min

Crowds gather during the opening of a temple dedicated to Hindu deity Lord Ram, in Ayodhya, India, on January 22, 2024. Inside the sanctum sanctorum of the temple Monday, Modi presided over the Pran Pratishtha, or consecration ceremony, of an idol of Lord Ram, one of Hinduism’s most revered deities. Indian Prime Minister Narendra Modi plays a leading role in the ceremony consecrating a statue of the god Ram. “Today our Lord Ram has come. A man prays on the banks of Sarayu River on the occasion of Ram temple's consecration ceremony in Ayodhya on January 22, 2024.

Persons: Narendra Modi, Lord Ram, Rajesh Kumar Singh, –, Modi, Pran Pratishtha, Ram, Imtiyaz Khan, ” Modi, “ Ram, Money Sharma, Hinduism's Lord Ram, Amitabh Bachchan, Sachin Tendulkar, Mukesh Ambani, Anupam Kher, Beckham, ”, Ram Charan, Alia Bhatt, Ranbir Kapoor, Madhuri Dixit Nene, Katrina Kaif, Ayushmann Khurrana, Vicky Kaushal, Alia Bhatt Rajesh Kumar Singh Organizations: CNN, Indian, Anadolu, Getty Locations: Ayodhya, India, India's Uttar Pradesh, Sarayu, Babri

☆ Houthi attacks rocking Red Sea trade routes likely won't end anytime soon. Here's what could happen next
▼ + stars: | 2023-12-21 | by ( Natasha Turak | ) www.cnbc.com time to read: +8 min

Houthi military helicopter flies over the Galaxy Leader cargo ship in the Red Sea in this photo released on Nov. 20, 2023. Houthi Military Media | Via ReutersDrone and missile attacks by Yemen-based Houthi militants have upended shipping through the Red Sea and Suez Canal, a narrow waterway through which some 10% of the world's trade sails. And will a U.S.-led naval security coalition be effective enough to make the Red Sea trade routes safe for trade again? Zoom In Icon Arrows pointing outwards An infographic titled 'Bab-el-Mandeb Strait: Trade route between East and West narrows amid Houthi threat' created in Ankara, Turkiye on December 18, 2023. Concerns grow as major maritime transportation companies alter their ship routes in response to the increasing Houthi threats in the Red Sea.

Persons: Lloyd, Ryan Bohl, Rane, Khaled Abdullah, Houthi, Rather, Mohammed Hamoud, Mohammed al, Sidharth, , Kaushal, Corey Ranslem Organizations: Galaxy Leader, Houthi, Media, Reuters, . Central Command, BP, Maersk, MSC, CMA, Pentagon, DHL, Middle East, CNBC, Hezbollah, Saudi, Arab, Hamas, Royal United Services Institute, Maxar, Dryad Locations: Red, Yemen, Suez, Africa, Asia, Europe, North Africa, U.S, Lebanese, America, Israel, Saudi, Sanaa, Saudi Arabia, Iran, Mandeb, Trade, East, West, Ankara, Turkiye, Hodeida, Islamic Republic, Gaza, Palestinian, Israel's, Sana'a, London, Bahrain, Canada, France, Italy, Netherlands, Norway, Spain

☆ Ukraine claims it hit a Russian ship with a 'Sea Baby' drone. Russia is fast running out of space to repair them.
▼ + stars: | 2023-10-13 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +6 min

AdvertisementAdvertisementUkraine doubled down on claims on Friday that it had damaged a Russian patrol ship near Sevastopol with "Sea Baby" drones. If confirmed, the strike could add to long-term pressure on Russia's ability to maintain and repair its Black Sea Fleet, experts say. Russia is already barred from bringing reinforcements to its Black Sea Fleet. AdvertisementAdvertisement"Consequently, the Black Sea Fleet will have to be increasingly prudent with its remaining assets," he added. AdvertisementAdvertisementThis squeeze on the Black Sea Fleet ultimately hampers some of its ability to project power over those waters, Germond said.

Persons: —, Basil Germond, Pavel Derzhavin, Pavel, Sutton, rove, ake Organizations: Service, Fleet, Lancaster University, Crimean Telegram, Crimean, Russian Telegram, Black, Russia's Ministry of Defense Locations: Ukraine, Russian, Sevastopol, Russia, Russia's, Ukrainian

☆ Russia has 'clearly lost its control' over the Black Sea with its navy moving to safer ports, expert says
▼ + stars: | 2023-10-09 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +6 min

Russia's move of its Black Sea Fleet to safer waters signals its waning power there, experts told Insider. AdvertisementAdvertisementRussia's withdrawal of ships from a key Crimean base to safer ports shows it has "clearly lost its control" over the Black Sea in naval and geopolitical terms, a top naval expert told Insider. Pointing to those attacks, James Heappey, a UK defense minister, said during a defense event in Warsaw last Tuesday that the move signaled the "functional defeat" of the Black Sea Fleet. As of Sunday, multiple ships carrying grain, sunflower oil, and metals had sailed out of Ukraine's ports in the northwestern Black Sea, The Guardian reported. AdvertisementAdvertisementHardline pro-Kremlin Telegram account Rybar wrote on Friday that it's "difficult to accept" that "the Black Sea Fleet cannot fully ensure its security now."

Persons: —, Basil Germond, Germond, James Heappey, Heappey, Armed Forces @JSHeappey Organizations: Fleet, Service, Lancaster University, Montreux Convention, UK's Ministry of Defence, Black, Armed Forces, Warsaw Security, — Ministry of Defence Locations: Sevastopol, Russia, Ukraine, Turkish, Novorossiysk, Crimea, Warsaw, Ukrainian

"We've certainly seen Australia's reputation being affected as some existing buyers expressed interest in diversifying their suppliers for long-term supply," said Ryhana Rasidi, LNG analyst at analytics firm Kpler. "Australia is the closest gas supplier we can get. By far, Australia, U.S. and Qatar are the three pillars in LNG supply chain. As well as its political stability, its proximity to Asia might be Australia's saving grace, industry analysts say. "Ties are very strong between North Asia and Australia as a legacy supplier, so many participants are keen to continue the relationship," said Kaushal Ramesh, LNG analyst at Rystad Energy.

Persons: Inpex, Resources Madeleine King, We've, Ryhana, Jane Liao, Kaushal Ramesh, Emily Chow, Yuka Obayashi, Muyu Xu, Andrew Hayley, Joyce Lee, Lewis Jackson, Florence Tan Organizations: Reuters, Chevron, Handout, REUTERS, Rights, Workers, Japan's Kyushu Electric Power, Chevron's, Woodside Energy, West Shelf, South, Resources, Taiwan, Tohoku Electric Power, Kyushu Electric Power, Osaka Gas, Rystad Energy, Thomson Locations: Chevron, Barrow Island, Australia, Rights SINGAPORE, TOKYO, Qatar, United States, Western Australia, China, Japan, South Korea, Taiwan, Ukraine, Oman, U.S, Asia, Singapore, Tokyo, Beijing, Seoul, Sydney

☆ The Russians painted elaborate camouflage on their warships in Crimea to try to confuse Ukraine's maritime drones, but that didn't stop Ukraine from decimating 2 vessels and setting the Sevastopol por
▼ + stars: | 2023-09-14 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

They even painted some ships with camouflage stripes, hoping it would confuse drone sensors. But the latest Ukrainian missile attack on a shipyard in Sevastopol damaged two ships anyway. The Russian Black Sea Fleet's base in Sevastopol, a city in Russia-controlled Crimea, was attacked by missiles in the early hours of Wednesday. It is unclear if the two vessels hit in Wednesday's attack had the camouflage stripes painted on them. AdvertisementAdvertisementUkraine's plans to strike Sevastopol and the Russian Navy's fleet have been a long time coming.

Persons: Essen, —, Elon Musk, Walter Isaacson, Musk Organizations: Service, London's Royal United Services Institute, Russia's Ministry of Defense, Elon Locations: Sevastopol, Wall, Silicon, Russian, Crimea, Ukraine, Russia

☆ An escalating dispute at major gas facilities in Australia could drive up European prices, analysts say
▼ + stars: | 2023-09-06 | by ( Sam Meredith | ) www.cnbc.com time to read: +6 min

Liquefied natural gas (LNG) storage units at Grain LNG importation terminal, operated by National Grid Plc, on the Isle of Grain on August 22, 2022 in Rochester, England. Jacob Mandel Senior research associate for global energy markets at Aurora Energy ResearchFears of strike in Australia, one of the world's biggest exporters of liquified natural gas (LNG), have recently pushed up European gas prices — and analysts expect near-term volatility to persist. Jacob Mandel, senior research associate for global energy markets at U.K.-based consultancy Aurora Energy Research, said the global natural gas market was currently "very tight" and "very little supply flexibility" means that strike action in Australia could send European gas prices higher. He said that European gas prices could climb to above 40 euros ($42.9) per megawatt hour if the strikes go ahead as planned. The front-month gas price at the Dutch Title Transfer Facility (TTF) hub, a European benchmark for natural gas trading, traded at 33.5 euros on Tuesday.

Persons: Dan Kitwood, Jacob Mandel, Mandel, we've, Ramesh, Wheatstone, Henning Gloystein, Gloystein Organizations: National Grid, Getty, CNBC, Chevron, Offshore Alliance, Wheatstone, Fair, Aurora Energy, Aurora Energy Research, videoconference, Rystad Energy, Europe, EU, Eurasia Group Locations: Isle, Rochester , England, Western Australia, Chevron Australia, Australia, Europe, Japan, Korea, wean, Ukraine, Russia

Vietnam targets LNG-sourced gas generating up to 22.4 gigawatts (GW) of power by 2030, enough to power 20 million households and account for nearly 15% of national power supply. Complicating LNG efforts, much of Vietnam's planned gas power investment is directed to the south of the country despite the under-served north's greater vulnerability to blackouts. Reuters GraphicsThe first plant due to come online, the Nhon Trach 3 facility being built by state-run PetroVietnam Power (PV Power) (POW.HM) near Ho Chi Minh City, is scheduled to begin operation in late 2024. Takafumi Akino of Tokyo Gas, which is building an LNG terminal and a gas plant in northern Quang Ninh province, predicted "hard negotiations". PV Gas said this month it was in talks with U.S. energy giant ExxonMobil and Russia's Novatek on LNG cooperation.

Persons: Thi, Kaushal Ramesh, EVN, Japan's Marubeni, Takafumi, Rystad's Ramesh, Francesco Guarascio, Khanh, Emily Chow, Florence Tan, Phuong Nguyen, Tony Munroe, William Mallard Organizations: European Chamber of Commerce, Reuters, Energy, Tokyo Gas, Industry, Plant, Foreign, Delta Offshore Energy, Gulf International Holdings, Delta Offshore, Gulf Energy Development, Buyers, PV Gas, ExxonMobil, Russia's, Gas, Thomson Locations: Vietnam, Hanoi, HANOI, China, Thailand, Singapore, Philippines, Ho Chi Minh City, Oslo, U.S, Tokyo, Quang Ninh, South, Southeast Asia, Asia, Khanh Vu

☆ StanChart to sell sub-Saharan Africa business to Access Bank
▼ + stars: | 2023-07-14 | by ( ) www.reuters.com time to read: +2 min

DUBAI, July 14 (Reuters) - Standard Chartered (STAN.L) said on Friday it has reached an agreement to sell its subsidiaries in sub-Saharan Africa to Nigeria's Access Bank, putting into motion a plan announced last year to divest those businesses. Standard Chartered will sell its shareholding in its subsidiaries in Angola, Cameroon, Gambia and Sierra Leone to Access. It will also sell its consumer, private & business banking business in Tanzania to Access Bank, a subsidiary of Access Holdings (ACCESSCORP.LG). "Access Bank will provide a full range of banking services and continuity for key stakeholders including employees and clients of Standard Chartered's businesses across the five aforementioned countries," Standard Chartered said in a statement. The agreement is in line with Standard Chartered's global strategy "aimed at achieving operational efficiencies, reducing complexity, and driving scale," it said.

Persons: Sunil Kaushal, Roosevelt Ogbonna, Yousef Saba, Jason Neely Organizations: Nigeria's Access Bank, Chartered, Access Bank, Access Holdings, Thomson Locations: DUBAI, Saharan Africa, Angola, Cameroon, Gambia, Sierra Leone, Tanzania, Africa, Nigeria

☆ Secretive and highly paid submariners are behind some of Russia's most worrying undersea operations
▼ + stars: | 2023-07-12 | by ( Constantine Atlamazoglou | ) www.businessinsider.com time to read: +8 min

Known as GUGI, the directorate is responsible for conducting sabotage and surveillance against critical maritime infrastructure, including undersea cables and energy pipelines. NATO's intelligence chief warned this year that Russia could attempt to sabotage undersea cables in retaliation for Western support of Ukraine. Yantar, the special-purpose survey ship, was spotted lingering near undersea cables west of Ireland in 2021. "We know that Russia has the capacity to map but also potentially to conduct actions against critical infrastructure," NATO Secretary General Jens Stoltenberg told reporters on June 16. "That's also the reason why we have, for many years, addressed the vulnerability of critical undersea infrastructure."

Persons: Sidharth Kaushal, Kaushal, GUGI, OLGA MALTSEVA, Sutton, Andrey Luzik, Jens Stoltenberg, That's, Stoltenberg, Constantine Atlamazoglou Organizations: NATO, Service, Directorate, Russian Ministry of Defense, Submarine, Royal United Services Institute, Getty, Barents Observer, Russia Ministry of Defense, US Navy, Norwegian Coast Guard, OLE BERG, NATO Maritime Centre, Fletcher School of Law, LinkedIn, Twitter Locations: Wall, Silicon, Russia, GUGI, British, St . Petersburg, AFP, Belgorod, Moscow, Olenya, Baltic, Severomorsk, Europe, Ukraine, Ireland, GUGI's St, Petersburg

☆ Russia is painting dark stripes on its warships to make them look smaller and confuse Ukrainian drones, says expert
▼ + stars: | 2023-07-05 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

Russia is painting some of its warships with camouflage stripes, an open-source analyst said. The ship might also appear smaller thanks to the dark paint against the water. In his own analysis, Sutton noted how dark the water often appears in such imagery, making it an effective camouflage for dark paint. The use of naval camouflage would be an interesting return for a tactic more associated with World War 1 and World War 2. The British navy pioneered the use of "dazzle" stripes and patterns in World War 1, as seen below on the USS Minneapolis, which were intended to confuse onlookers as to the speed and direction of vessels.

Persons: —, Sutton, KCHF.ru, Ivan Golubets, Sidharth, Kaushal, It's, Bismarck Organizations: Service, London's Royal United Services Institute, Russian Ministry of Defense, USS, Getty Locations: Russia, Russian, Sevastopol, Ukraine, Soviet, British, USS Minneapolis, Minneapolis, Hampton Roads , Virginia, USA, German

This valuation comes after a rich global history showcasing wars fought over salt, trade routes built for commodities, taxes levied against the mineral and even cities named in sodium's legacy. "You could not have an international economy if you didn't have salt," Mark Kurlansky, author of "Salt: A World History," told CNBC. "We're seeing that the majority is deicing salt," Seth Goldstein, equities analyst with Morningstar, told CNBC. However, if too much salt permeates our environment, the effects can be dangerous, according to the Environmental Protection Agency. Runoff from deicing salts that keep our roads safe in wintry weather is the most obvious way that salt enters the environment.

☆ Standard Chartered agrees to sell business in Jordan
▼ + stars: | 2023-03-26 | by ( Hadeel Al Sayegh | ) www.reuters.com time to read: +1 min

DUBAI, March 26 (Reuters) - Standard Chartered (STAN.L) plans to sell its Jordanian business to Arab Jordan Investment Bank (AJIB) (AJIB.AM), the two parties said on Sunday, as the emerging markets-focused lender presses ahead with plans to exit seven markets in Africa and the Middle East. All Standard Chartered Bank employees in Jordan will be transferred to AJIB, it said an emailed statement. AJIB said the purchase falls within the Jordanian lender's strategy to grow its market share in the country, which continues to grow after it acquired HSBC's banking business in Jordan in 2014 and National Bank of Kuwait's banking business in Jordan in 2022. Standard Chartered in April 2022 said it plans to leave seven markets, consisting of Angola, Cameroon, Gambia, Jordan, Lebanon, Sierra Leone and Zimbabwe. Reporting by Hadeel Al Sayegh, Editing by Louise Heavens and Elaine HardcastleOur Standards: The Thomson Reuters Trust Principles.

☆ The US is sharing a once highly-guarded missile system that will make British and Australian nuclear submarines far more deadly
▼ + stars: | 2023-03-14 | by ( Tom Porter | ) www.businessinsider.com time to read: +2 min

The US, UK, and Australia on Monday announced plans for Australia to obtain a new fleet of nuclear-powered submarines. The deal will involve building at least eight nuclear-powered submarines for the Australian naval fleet, using UK designs, and underpinned by a US-made vertical launch system. According to reports, the new Australian submarines will also have the capacity to fire cruise missiles through the vertical launch system. The fact that they are nuclear-powered means the submarines can operate at far greater distances, and stay submerged for longer. The new Australian submarines will begin operation in the 2040s, and the new UK subs in the 2030s.

☆ Putin's 'invincible' missile has a very common problem
▼ + stars: | 2023-02-21 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

Putin has touted Russian hypersonic weapons like the Zircon missile as impossible to defend against. A destroyer, for example, might not detect a missile until it gets to within about 15 miles, according to Kaushal. Russian frigate Admiral Groshkov launches a Zircon hypersonic missile in the White Sea in October 2020. Russian Defense Ministry Press Service via APThe weapon was developed remarkably quickly compared to previous Russian missiles. "Furthermore, there appear to be no reported test failures, which is irregular for a new missile, especially one as complex as a hypersonic cruise missile," Kaushal noted.

[1/6] QatarEnergy CEO and Qatar's Minister of Energy, Saad al- Kaabi and ConocoPhillips CEO, Ryan Lance attend the signing ceremony of two sales and purchase agreements to export liquefied natural gas (LNG) to Germany, in Doha, Qatar, November 29, 2022. The deal, the first of its kind to Europe from Qatar's North Field expansion project, will provide Germany with 2 million tonnes of LNG annually, arriving from Ras Laffan in Qatar to Germany's northern LNG terminal of Brunsbuettel, QatarEnergy's chief executive said. ICIS head of energy analytics Andreas Schroeder said the starting date of 2026 was late, as Germany needed LNG for 2023 and 2024. The deal comes a few days after QatarEnergy signed a 27-year sales and purchase agreement with China's Sinopec. The North Field is part of the world's biggest gas field, which Qatar shares with Iran.

☆ Europe still can't live without Russian LNG exports
▼ + stars: | 2022-11-09 | by ( Anna Cooban | ) edition.cnn.com time to read: +7 min

London CNN Business —Europe may be closer than ever to breaking its energy dependence on Moscow, but it still can’t live without one type of Russian natural gas. Russian imports doubled in the year to September to 1.2 million tons, Rystad data shows. The majority of the Russian LNG imports come from privately owned Novatek, the country’s second-largest natural gas producer after Gazprom. “I expect that Russian LNG will continue to play an important role in filling European storage going into winter of 2023,” he told CNN Business. “[Europe] would rather get whatever [it] can in terms of Russian pipeline gas and Russian LNG… it would take a lot before [it] would think about sanctioning gas or LNG from Russia,” Ramesh said.

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