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☆ The hostages' families should have been jailed to shut them up, says former US citizen who was an Israeli spy
▼ + stars: | 2023-11-24 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

Pollard said that the families of Israeli hostages should have been jailed to shut them up. Pollard told Israeli media that the families of Israeli hostages should have been jailed to shut them up. pic.twitter.com/vxC9yk3dE3 — Noga Tarnopolsky נגה טרנופולסקי نوغا ترنوبولسكي💙 (@NTarnopolsky) November 23, 2023He said the Israeli government should have prevented the hostages' families from "interfering" with their management of this war. AdvertisementHe implied that the hostages' families were being "used by the international community" or "by our own leftists" as a weapon against the Israeli government. Some Israeli hostages are due to be released later today as a ceasefire between Israel and Hamas comes into effect.

Persons: Jonathan Pollard, Pollard, —, Israel Organizations: US, Service Locations: Israel

☆ Philippines, Australia Start Sea, Air Patrols in South China Sea
▼ + stars: | 2023-11-24 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +2 min

MANILA (Reuters) - The Philippines and Australia began their first joint sea and air patrols in the South China Sea on Saturday, days after Manila took similar steps with the U.S. as Pacific nations warily eye an increasingly assertive China. China claims almost the entire South China Sea, a conduit for more than $3 trillion of annual ship-borne commerce, including parts claimed by the Philippines, Vietnam, Indonesia, Malaysia and Brunei. The Philippines is ramping up efforts to counter what it describes as China's "aggressive activities" in the South China Sea, which has also become a flashpoint for Chinese and U.S. tensions around naval operations. The Philippines and the United States concluded three-day joint sea and air patrols on Thursday, starting in waters near Taiwan, a democratically governed island that China claims as its own, and ending in the West Philippine Sea. China has accused the Philippines of enlisting "foreign forces" to patrol the South China Sea and stirring up trouble.

Persons: Ferdinand Marcos Jr, China's, Richard Marles, Marcos, Marles, Arsenio Andolong, Karen Lema, William Mallard Organizations: Australia, ., Philippine, Australian Defence Force, Armed Forces, Philippine Department of National Defense, South China, Toowoomba, Cooperative Locations: MANILA, Philippines, South, Manila, China, Australia, Vietnam, Indonesia, Malaysia, Brunei, South China, U.S, West Philippine, Philippine, United, Taiwan, West Philippine Sea

☆ The US may no longer be able to fight more than one major war at a time
▼ + stars: | 2023-11-23 | by ( Tom Porter | ) www.businessinsider.com time to read: +5 min

During the Cold War, the US had the capacity to fight two wars simultaneously. PoolNow, the Pentagon faces the possibility of war with resurgent major powers Russia and China which can deploy huge militaries and sophisticated weapons. In planning for the possibility of a new world war, the US must look at the global picture. AdvertisementBut China, Russia, Iran, and other US adversaries are drawing closer together, sharing weapons technology and drawing up new alliances, magnifying their threat. "If there's a World War, you know, it won't be the sort of single-handed conflicts that we've sort of gotten used to," he said.

Persons: —, Bradley, Scott Nelson, They've, Raphael Cohen, Cohen, Barack Obama, Donald Trump, Joe Biden, it's Organizations: US, Service, Pentagon, Soviet Union, US Army, RAND Corporation, Defense Strategy, Iran Locations: America, Soviet, Afghanistan, Iraq, China, Kuwait, Soviet Union, Russia, People's Republic of China, Beijing, Ukraine, Taiwan, Iran, Israel, Pacific, Australia, Japan

The trend worries some U.S. lawmakers who fear corporate interest will make agricultural land unaffordable for the next generation of farmers. Investment firm acquisitions are also outpacing farmland purchases by foreign entities, according to data from the U.S. Department of Agriculture (USDA). Lawmakers debated this year whether to curtail foreign farmland ownership, concerned that adversaries might buy land to exert political influence. "If the next generation isn’t enticed to come back to the farm," he said, "then who’s going to own that land?" About 60% of U.S. farmland is farmer-owned and -operated, with the rest owned by non-farmer operators including individuals, trusts, and corporations, according to USDA.

Persons: Nuveen, Paul Schadegg, Tim Gibbons, isn’t, It’s, David Gladstone, Gladstone, Cory Booker, Bruce Sherrick, Leah Douglas, Richard Valdmanis, Anna Driver Organizations: Investment, Reuters, Manulife Investment Management, National Council of Real Estate Investment, United Nations, U.S . Department of Agriculture, Lawmakers, Senate, National Defense, Farmers National Company, Missouri Rural Crisis Center, USDA, Gladstone, Agriculture Committee, TIAA, Research, University of Illinois, Thomson Locations: U.S, United, China, Russia, Iran, North Korea, Missouri

☆ Israel's pavilion at the Dubai Airshow sits empty against backdrop of Gaza war
▼ + stars: | 2023-11-14 | by ( Natasha Turak | ) www.cnbc.com time to read: +2 min

DUBAI, United Arab Emirates — Amid the bustle and footfall of thousands of visitors and exhibitors at the 2023 Dubai Airshow, one pavilion is notably empty: that of Israel. Two years later, and one month into Israel's war against Hamas in the Gaza Strip, the scene is unrecognizable. On the show's first day, the IAI pavilion was surrounded by a red cordon, which was removed by the second day. IAI and Elbit Systems did not reply to an emailed CNBC request for comment. CNBC contacted two representatives of Israeli defense firms that attended the airshow in 2021; they said they did not attend this year's show because they had been drafted into the country's military.

Persons: Abraham, Emiratis, Rafael, SIBAT Organizations: United Arab Emirates, Abraham Accords, United Arab, Hamas, Israel Aerospace Industries, Elbit Systems, Rafael Advanced Defense Systems Ltd, IAI, CNBC, Israel's International Defense Cooperation Directorate, Defense Locations: DUBAI, United Arab, Dubai, Israel, United Arab Emirates, Gulf, Gaza

☆ US lawmakers to unveil bill requiring private equity firms to reveal China investment
▼ + stars: | 2023-11-09 | by ( Karen Freifeld | ) www.reuters.com time to read: +2 min

Senator Bob Casey (D-PA) delivers remarks at the Belmont Water Treatment Center during a visit to Philadelphia, Pennsylvania, U.S., February 3, 2023. REUTERS/Elizabeth Frantz Acquire Licensing RightsNov 9 (Reuters) - Two U.S. senators plan to introduce a bipartisan bill on Thursday that would require private equity firms to make public how much they invest in China and other countries of concern. The bill, set to be introduced by Democratic Senator Bob Casey and Republican Senator Rick Scott, is the latest effort to track U.S. investments in China. U.S. private investment firms have poured more than $80 billion into China between 2018 and 2022, some via pension plans, according to Casey's office. Casey has also co-sponsored a measure that would require government notification of investments in certain sensitive technology sectors in China.

Persons: Bob Casey, Elizabeth Frantz, Rick Scott, Casey, Rick Scott's, Karen Freifeld, Sharon Singleton Organizations: Treatment, REUTERS, Democratic, United, U.S . Securities, Exchange Commission, Senate's, Thomson Locations: Belmont, Philadelphia , Pennsylvania, U.S, China, United States, Iran, Russia, North Korea

“When you think about a wind turbine, and even fields of wind turbines, they’ll stretch for miles,” said Staff Sgt. Chase Rose, a UH-1 Huey flight engineer at Malmstrom Air Force Base in Montana. The legislation has the support of wind energy advocates, but they caution against a one-size-fits-all approach. The Air Force continues to “support renewable energy efforts to include wind turbines, and we continue to work with energy industry partners to ensure the country’s green energy needs are met,” said Air Force Maj. Victoria Hight, a spokeswoman for F.E. Warren Air Force Base in Wyoming.

Persons: ”, Chase Rose, Jason Ryan, ” Jo Dee Black, ” Black, John Lutton, Victoria Hight Organizations: WASHINGTON, UH, Malmstrom Air Force Base, Air Force, American Clean Power Association, Department of Defense, Energy, Air Force Base, U.S . Air Force, of, ” Air Force, Colorado Rockies, F.E, Warren Air Force Base Locations: Montana, U.S, Nebraska , Colorado , North Dakota , Montana and Wyoming, Wyoming

☆ Lockheed Martin CEO says America needs to invest in digital defense systems to prepare for the future
▼ + stars: | 2023-11-07 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Lockheed Martin CEO Jim Taiclet told CNBC's Jim Cramer on Tuesday that the U.S. needs to invest in digital technology to prepare for the future. Taiclet added that Lockheed has alliances with companies like Nvidia, Microsoft and Intel to bring digital technology more quickly into the defense sector. The Biden administration is seeking a $105 billion security aid package to support the security needs of allies like Ukraine and Israel. According to Taiclet, Lockheed is capable of doubling its F35 aircrafts with the right investments from government and its suppliers, but it might take a few years. "We want to be on offense and defense and use the latest technology to actually make that happen," he said.

Persons: Lockheed Martin, Jim Taiclet, CNBC's Jim Cramer, Taiclet, Biden Organizations: Lockheed, Nvidia, Microsoft, Intel Locations: Ukraine, Israel

KYIV, Ukraine (AP) — Ukraine’s newly appointed head of defense industry says he is working tirelessly to ramp up local arms production and wants to turn the country into a weapons production hub for the West. Kamyshyn said approximately 500 companies in Ukraine’s defense industry are contributing to the country’s efforts to increase weapons production in order to counter Russia’s attempts to seize more territory. Now he recalls that time as his “past life” and says he is completely focused on make the defense industry a successful enterprise like Ukrzaliznytsia. Most crucially, Kamyshin says that the increased local production of weapons has enhanced Ukraine’s capabilities to launch attacks on Russian territory. Kamyshin acknowledged that defense technology, particularly in the field of innovative warfare, is a game-changer and the fastest-growing sector in Ukraine’s defense industry.

Persons: — Ukraine’s, Oleksandr Kamysyhin, ” Kamyshin, Kamyshyn, “, Oleksandr Kamyshin, ”, Kamyshin Organizations: West, Associated Press, Artillery, Alliance of Defense Industries Locations: KYIV, Ukraine, Israel, Russia, Moscow, Sochi, Krasnodar, U.S, France, Germany, Poland, Czech Republic, Turkey, Ukraine’s, russia, ukraine

rules in governments’ sightsPresident Biden is set to issue an executive order on artificial intelligence on Monday, in his first effort to regulate how U.S. companies develop it and how regulators oversee the technology. The order will create standards for American companies and public agencies. Biden will invoke the Defense Production Act, which lets the president mobilize U.S. industry to support national defense. The order will require companies developing A.I. that “poses a serious risk to national security, national economic security, or national public health and safety” to notify the government when training their systems.

Persons: Biden

TOKYO (AP) — Trade and economy officials from the Group of Seven wealthy democracies strengthened their pledge Sunday to work together to ensure smooth supply chains for essentials like energy and food despite global uncertainties. Political Cartoons View All 1223 ImagesThe G-7 includes the U.S., Canada, France, Germany, Italy, Japan and Britain. Trade is one sector where growing political tensions with China have been playing out, although China was not directly mentioned in the meetings. Yasutoshi Nishimura, the Japanese minister in charge of trade and the economy, said G-7 nations expressed support and understanding for Japan’s position, stressing the safety of Japanese food based on scientific evidence, including that from Fukushima. Nishimura also said the guest nations that took part in the G-7 meeting, including Australia and India, were potentially powerful allies in strengthening the supply chain in valuable materials.

Persons: Yoko Kamikawa, ”, “, Yasutoshi Nishimura, Nishimura, Kamikawa, Katherine Tai, ___ Yuri Kageyama Organizations: TOKYO, —, European Union, World Trade Organization, ”, EU, U.S . Trade Locations: Osaka, Ukraine, Israel, Canada, France, Germany, Italy, Japan, Britain, Australia, Chile, India, Indonesia, Kenya, China, Hiroshima, Fukushima

☆ Chinese fighter jet got within 10 feet of US bomber over South China Sea, US military says
▼ + stars: | 2023-10-26 | by ( Natasha Bertrand | ) edition.cnn.com time to read: +3 min

CNN —A Chinese fighter jet came within 10 feet of a US Air Force B-52 bomber flying over the South China Sea on Tuesday, according to the US military. Beijing cut off the communications after then-House Speaker Nancy Pelosi visited Taiwan last year, infuriating Chinese leaders. China uses its military might to assert its claims of sovereignty in the South China Sea and beyond, including Taiwan. In 2022, the Chinese military increased its aggressive actions towards the independent island territory, including ballistic missile overflights, military aircraft flying into Taiwan’s aerial identification zone and major exercises near Taiwan. Though Xi has said he is seeking the peaceful unification of Taiwan with China, he has not renounced the use of military force to achieve his goal.

Persons: “, Joe Biden, Wang Yi, Wang, Antony Blinken, Jake Sullivan, Biden, Xi Jinping, Ely Ratner, ” Ratner, Nancy Pelosi, “ I’ve, ”, Adm, John Aquilin, Xi Organizations: CNN, US Air Force, Pacific Command, ”, Foreign, APEC, US, East, South China, National Defense Strategy, America Locations: South, US, San Francisco, Beijing, Taiwan, China

☆ Australian PM tells US House speaker he hopes AUKUS legislation passes this year
▼ + stars: | 2023-10-26 | by ( David Brunnstrom | ) www.reuters.com time to read: +4 min

REUTERS/Leah Millis/File Photo Acquire Licensing RightsWASHINGTON, Oct 26 (Reuters) - Australian Prime Minister Anthony Albanese met the new speaker of the U.S. House of Representatives on Thursday and said he hoped the U.S. Congress would pass legislation related to the AUKUS submarine project this year. "We, of course, have important legislation required for AUKUS," Albanese told Johnson at the start of their meeting. "We are certainly hoping that the Congress can pass that legislation this year." Budget wrangling and the lack of a speaker for several weeks until Johnson's appointment interrupted the U.S. legislative process in Congress, and Australian officials have expressed concern about delays in approving legislation needed to move the AUKUS project forward. Officials and experts and say this is important for the success of AUKUS given the need to share U.S. technology both in the submarine project and a second AUKUS pillar involving three-way cooperation on high-tech weaponry.

Persons: Joe Biden, Anthony Albanese, Rishi Sunak, Leah Millis, Albanese, Mike Johnson, Johnson, Biden, Mara Karlin, Biden's, Joe Courtney, Courtney, David Brunnstrom, Rod Nickel Organizations: Australian, British, U.S, Naval Base Point, San Diego , California U.S, REUTERS, Rights, U.S . House, Capitol, Republicans, Pentagon, Democratic, Australia Caucus, National Defense, Republican, U.S . Navy, Thomson Locations: Australia, United Kingdom, Naval Base Point Loma, San Diego , California, Washington, U.S, United States, Britain, Australia Virginia

☆ The Chinese Navy's presence in the Middle East involves 6 'highly capable vessels' stationed in the theater, military expert says
▼ + stars: | 2023-10-26 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

The Chinese navy has deployed "six highly capable vessels" to the Middle East, says RAND's Bryden Spurling. He told Newsweek that the ships "reflect the rapid growth in the sophistication" of China's navy. Six Chinese warships were stationed in the Middle East last week, per reports from China Military Online, a Chinese state-linked military news outlet. The US has ramped up its military presence in the Middle East amid the ongoing war between Israel and Hamas. The Pentagon's 2022 annual report on China's military development forecasted China's fleet to reach 400 ships by 2025 and 440 ships by 2030.

Persons: RAND's Bryden Spurling, —, Bryden Spurling, they've, Spurling, Lloyd Austin, Defense Mark Esper, Esper Organizations: Newsweek, Service, RAND, Chinese Navy, Australia's Department of Defence, China Military, U.S ., US, Hamas, . Defense, China, US Navy, Fox News Digital, US Naval Institute, Center for Strategic, International Studies, Defense, RAND Corporation Locations: China, Israel

Five months later, Albanese will be welcomed to the White House with the highest trappings of American diplomacy, including a black-tie state dinner underneath a tent erected on the South Lawn. Already, the White House had struggled to secure billions of dollars in new funding for Ukraine. When Albanese arrives at the White House Tuesday evening, the US House of Representatives will have been without a permanent House speaker – and legislatively paralyzed – for 21 days. Senior Biden administration officials believe that only weeks remain before a lack of additional funding for Ukraine starts to become a serious battlefield concern. The first lady developed the menu with guests chef Katie Button, a James Beard Award nominee who owns a popular tapas restaurant Cúrate in Asheville, North Carolina; White House executive chef Cris Comerford; and White House executive pastry chef Susie Morrison.

Persons: Joe Biden’s, Anthony Albanese, Albanese, Biden, Cedric Richmond, “, Volodymyr Zelensky, Jake Sullivan, ” Sullivan, –, ’ Biden, ” Biden, it’s, Ukraine –, Michèle Flournoy, Xi Jinping, Wang Yi, Wang, Antony Blinken, Sullivan, Blinken, Xi, Blinken’s, ”, Karine Jean, Pierre, Australia –, They’ll, John Kirby, ” Kirby, Kirby, ” Dr, we’ve, Bryan Rafanelli, Katie Button, James Beard, Cris Comerford, Susie Morrison Organizations: CNN, Australian, ., White, Hamas, Ukraine, Biden, CBS, Defense, APEC, Washington, Publicly, ”, Australia, Wednesday, ’, National Security, Army and Air Force, White House Locations: Pacific, Washington, Gaza, Israel, Asia, Vietnam, China, Ukraine, Tel Aviv, Australia, United States, America, White, San Francisco, Beijing, Saudi Arabia, Riyadh, there’s, United Kingdom, India, Japan, Asheville , North Carolina

☆ China reportedly ousts defense minister after two-month absence
▼ + stars: | 2023-10-24 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +1 min

The Chinese government removed Gen. Li Shangfu from the post of defense minister and state councilor without appointing a replacement, state media CCTV reported Tuesday. Li, who was appointed to lead China's Defense Ministry during a broader Cabinet reshuffle in March, has not been seen in public for the past two months, according to Reuters. Reuters also reported that Li, 65, faced a corruption probe over the procurement of military equipment — which CNBC could not independently confirm. Li is the second high-profile minister from Xi's administration to be removed amid a storm of speculation. In July, Qin Gang — who was also stripped of his authority as state councilor on Tuesday — was dismissed from his role as foreign minister after a one-month absence.

Persons: Li Shangfu, Li, Xi Jinping, Qin Gang —, — Organizations: National People's, China's Defense Ministry, Reuters, CNBC, Renown, Chinese Communist Party, Central Military Commission, —, Qin

☆ China says it uncovered another spying case in US
▼ + stars: | 2023-10-22 | by ( ) www.reuters.com time to read: +3 min

The case is the latest to underscore Beijing's heightened commitment to national security, its expanded anti-spying laws and crackdown on domestic corruption. He also provided intelligence information in the field of national defense and the military industry on his own initiative, the report said. After investigations by the Chinese government, Hou was detained in July 2021 and charged on suspicion of espionage. In recent years, China has arrested and detained dozens of Chinese and foreign nationals on suspicion of espionage, raising the concerns of the U.S. over its counter-espionage push. Recently, China's spy agency published new details about a U.S. citizen jailed for life for espionage earlier this year.

Persons: Dado Ruvic, Hou, Hou's, Bernard Orr, Sonali Paul Organizations: REUTERS, Rights, Ministry of State Security, U.S, Thomson Locations: Rights BEIJING, United States, Chengdu, U.S, American, China

☆ China Says It Uncovered Another Spying Case in US
▼ + stars: | 2023-10-22 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +2 min

Persons: Hou, Hou's, Bernard Orr, Sonali Paul Organizations: Ministry of State Security, U.S Locations: BEIJING, United States, Chengdu, U.S, American, China

Political Cartoons View All 1211 ImagesThe disdain for Congress is just one area where Americans say they are losing faith. Various polls say the negative feelings include a loss of confidence or interest in institutions such as organized religion, policing, the Supreme Court, even banking. “Trust in institutions has deteriorated substantially,” said Kay Schlozman, professor of political science at Boston College. Just 3% have a great deal of confidence in Congress, virtually unchanged from March. The polling reinforces that Democrats are more likely than Republicans to say their confidence in the Supreme Court is low.

Persons: —, They’re, ”, Christopher Lauff, Joe Biden, “ We’re, Lauff, Kay Schlozman, Schlozman, Democratic Sen, Robert Menendez, Kevin McCarthy, Democrat Joe Biden —, Donald Trump, Rick Cartelli, Cartelli, Biden, “, Robert F, Kennedy, Kathleen Kersey, Brian Kemp, there’s, Ronald Reagan's, ” David Bateman, Barack Obama’s, Bateman, Trump, Chris Wray, ” Bateman Organizations: WASHINGTON, U.S ., “, Boston College, Democratic, Robert Menendez of New, Republicans, Associated Press, NORC, for Public Affairs Research, Democrat, Justice Department, AP, Kennedy Human Rights, Republican, Trust, Pentagon, Cornell University, Gallup, FBI, Trump Locations: U.S, Fargo , North Dakota, Ukraine, —, Robert Menendez of, Robert Menendez of New Jersey, That’s, Rocky Hill , Connecticut, Brunswick , Georgia

☆ Biden is asking Congress for over $100 billion to pour into Israel and Ukraine and get humanitarian aid to Palestinian civilians in the midst of congressional chaos
▼ + stars: | 2023-10-20 | by ( Juliana Kaplan | Ayelet Sheffey | Madison Hall | ) www.businessinsider.com time to read: +4 min

The Biden administration is requesting over $100 billion in supplemental funding from Congress. That includes $61.4 billion for Ukraine, $14.3 billion for Israel, and $9.15 billion for humanitarian aid. AdvertisementAdvertisementThe Biden administration is asking a speaker-less Congress to funnel billions towards Ukraine, Israel, and humanitarian assistance — alongside billions for border operations at home. On Friday, President Joe Biden officially requested over $100 billion from Congress as the wars between Israel and Hamas, and Ukraine and Russia, continue. While in Israel earlier this week, Biden announced he would also request humanitarian aid for Palestinian civilians in Gaza — and his funding request does just that.

Persons: Biden, —, Joe Biden, Gaza —, Shalanda Young, Janet Yellen, There's, Jim Jordan, Jordan, Pro Tem Patrick McHenry, Young Organizations: Service, Hamas, Management, West Bank, United Nations, Ukraine, CBS, Pro Tem Locations: Ukraine, Israel, Russia, Gaza, United States, America

☆ Pentagon warns about China’s growing long-range missile arsenal in major report
▼ + stars: | 2023-10-19 | by ( Oren Liebermann | ) edition.cnn.com time to read: +4 min

The 2023 China Military Power report, released annually by the Defense Department, said that Beijing has also completed the construction of three new fields of long-range ballistic missiles silos as it builds out its options for delivering a nuclear warhead from different platforms. China uses its military might to assert its claims of sovereignty in the South China Sea and beyond, including Taiwan. In 2022, the Chinese military increased its aggressive actions towards the independent island territory, including ballistic missile overflights, military aircraft flying into Taiwan’s aerial identification zone and major exercises near Taiwan. The growing aggression isn’t only pointed at Taiwan or China’s neighbors. Chinese military pilots have ramped up their “coercive and risky” behavior against US aircraft flying over the East and South China in the last two years.

Persons: ”, Xi Jinping, ” Ely Ratner, “, Aquilino Organizations: CNN, Pentagon, Defense Department, National Defense Strategy, America, East, Defense, Pacific Security Affairs, PLA, PLA’s Joint Staff Department Locations: China, United States, Beijing, South, Taiwan, South China, Fiji

☆ Biden to Deliver Oval Office Address Thursday on Israel, Ukraine
▼ + stars: | 2023-10-18 | by ( ) www.wsj.com time to read: +1 min

President Biden will address the nation about the U.S. response to the Israel-Hamas conflict and Russia's war in Ukraine, the White House said. The remarks from the Oval Office will be delivered at 8 p.m. The conflict in the Middle East has drawn attention away from the war in Ukraine, now in its second year and also a Biden administration priority. Biden is expected to seek a roughly $100 billion aid package from Congress for Israel, Ukraine, the Indo-Pacific (including Taiwan) and border security. In an interview with CBS' 60 Minutes aired Sunday, Biden said the U.S. was capable of responding to the conflicts in Israel and Ukraine at the same time.

Persons: Biden Organizations: CBS Locations: Israel, Ukraine, Taiwan, U.S, United States, America

☆ What the Israel-Hamas war means for defense stocks
▼ + stars: | 2023-10-18 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

New York CNN —When war breaks out, defense companies tend to make money. That means aerospace and defense stocks tend to rise during geopolitical unrest. Defense stocks typically rise after military conflicts but soon lose those gains. Following Russia’s invasion of Ukraine, the iShares defense ETF surged by 5%, with Lockheed Martin and Northrop Grumman’s shares jumping about 20%. Goldman Sachs announced third-quarter results on Tuesday morning, reporting earnings of $5.47 per share, which beat the $5.31 expected by analysts.

Persons: Lockheed Martin, Northrop Grumman, ”, Jim Taiclet, “ That’s, JPMorgan Chase, Jamie Dimon, “, ” Sam Stovall, Joe Biden’s, Northrop Grumman’s, Raffi Boyadjian, Goldman Sachs, David Solomon, “ David, Goldman, Tony Fratto, Solomon, DJ, ” Solomon, it’s, Lloyd Blankfein, they’re, Elon Musk’s, Elon Musk, X, Clare Duffy Organizations: CNN Business, Bell, New York CNN, U.S . Aerospace & Defense ETF, Raytheon, Lockheed, Boeing, General Dynamics, Northrop, “, Lockheed Martin Corporation, titans, Hamas, JPMorgan, Defense, XM, Treasury, CNN, Revenue, Twitter Locations: New York, Israel, U.S, Ukraine, Kippur, Kuwait, South Beach, New Zealand, Philippines

To underscore the pattern, the Pentagon released previously nonpublic photos and videos of Chinese fighter jets intercepting US aircraft flying in international airspace. The images, which date back to January 2022, show Chinese fighter jets getting dangerously close to US military jets in international airspace in an attempt to “intimidate” them, the Pentagon said in a statement about the incidents. Some of the Chinese fighter jets came within 20 feet of the US planes, the videos show. Office of the Secretary of Defense Public AffairsThe photos and videos also show the Chinese jets releasing objects and projectiles, including flares. But the Pentagon’s efforts this year to engage with Chinese military leadership have gone unanswered, and US officials have grown increasingly concerned about the lack of military-to-military dialogue between the countries.

Persons: ”, Ely Ratner, ” Ratner, Austin, Adm, John Aquilino, Defense Lloyd Austin, “, Wei Fenghe, Nancy Pelosi, “ I’ve, ” Aquilino Organizations: CNN, US, East, South China, Pacific Security Affairs, Pentagon, PLA, Defense Public Affairs, People’s, Army, Defense, National Defense, Military, Security, China Locations: South, “, People’s Republic of China, Beijing, Taiwan

☆ Humanitarian aid for Palestinian civilians should be included in Biden's emergency funding package for Israel, over 50 Democratic lawmakers say
▼ + stars: | 2023-10-16 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

A group of Democratic lawmakers called for Biden to ensure humanitarian aid for both Israelis and Palestinians. Thousands of Israelis and Palestinians have been killed since Hamas' terrorist attacks and Israel's subsequent declaration of war against the militant group. AdvertisementAdvertisementAs the war between Israel and militant group Hamas continues, support is growing for the US to get humanitarian aid to Palestinian and Israeli civilians being harmed in the conflict. Israel formally declared war last week after Hamas attacked several towns in southern Israel, and since then, the death toll has been mounting. —Congresswoman Cori Bush (@RepCori) October 16, 2023The White House did not immediately respond to Insider's request for comment on whether it will include humanitarian assistance for Palestinians in its emergency funding request.

Persons: Biden, Israel's, —, Joe Biden, Antony Blinken, Cori Bush, Janet Yellen, Yellen Organizations: Democratic, Service, Hamas, Palestinian Ministry of Health, United Nations, Congressional Progressive Caucus, West Bank, Ukraine, Sky News, CBS Locations: Israel, Ukraine, Palestinian, Gaza, Gazans, Palestine, Russia, United States, America

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