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German Air Force Eurofighter Typhoon fighter jets fly during a media day. Piroschka van de Wouw/ReutersDespite their generational differences, the F-22 Raptor and Eurofighter Typhoon actually have a number of things in common. A German air force Eurofighter Typhoon taxis toward the runway at Eielson Air Force Base in Alaska before departing for a combat-training mission, June 11, 2012. So what's the verdict between the F-22 Raptor and Eurofighter Typhoon? A composite image showing a German air force Eurofighter Typhoon jet and a US Air Force F-22 Raptor.
Persons: , Valerie R, David Cenciotti's, Piroschka van de Wouw, it's, Randy Gordon, Sam Eckholm, doesn't, Rich Wells, Thomas Wiegold, John P, Michael Holzworth, It's, Marc Gruene, haven't, Gruene, isn't, Jens Stoltenberg, Bernd Wüstneck, Eurofighters, Chris Jung, That's, Eric Wicklund, Erich Hartmann, He's, Alex Muller, Andreas Pfeiffer, who's, Thomas Bergeson, Wade Tolliver, we're, Dirk Smith, Mike, Bertie Simmonds, Micheal Jordan, Chesty Puller Organizations: Service, EA, German Eurofighter Typhoons, Business, Eurofighter, Spangdahlem Air Base, US Air Force, Tactical Air Force, America's Raptors, BFM, Germany's Eurofighter, Farnborough, Air, Germany's, German Air Force Eurofighter, Reuters, Typhoon, MIT, RAF, Breaking Defense, AIM, Air Force, Staff, Raptors, Eielson Air Force Base, Tech, Germany's Air Force, Combat Aircraft, TVC, Raptor, NATO, Tactical Air, Getty, Typhoons, Seoul International Aerospace, Defense, Eurofighters, 4th, US Navy, KC, Red Flag, Navy SEAL, ISIS, Qaeda, Flag, FS, Eurofighter Typhoon Locations: Germany, Alaska, Red, Estonia, Vietnam, Flag Alaska, gun's, American
Behind the curtain of the global arms trade
  + stars: | 2024-05-14 | by ( Momo Takahashi | ) www.businessinsider.com   time to read: +7 min
In his new book, "Nothing Personal: The Back Office of War," photographer Nikita Teryoshin lifts the veil on the global arms trade, capturing defense exhibitions worldwide. Closed to the public, his series offers a rare inside look into the lucrative global arms industry. Guests, politicians, and traders watch a live demonstration of warfare at the International Defense Exhibition in Abu Dhabi. After the construction and the oil and gas sectors, the global arms trade is one of the most corruption-prone sectors in the world, ​​according to Transparency International. By contrast, the international trade of bananas is more tightly regulated than the arms trade, according to the introductory note of the United Nations Arms Trade Treaty.
Persons: Nikita Teryoshin, Teryoshin, Rafael, KAI, Lockheed Martin Organizations: Business, International Defense, Bofors, International Defense Industry, International Defense Exhibition, Rafael Advanced Defense Systems, United Nations Arms, Black Eagles, Nikita, Kalashnikov, Lockheed Locations: East, Ukraine, France, Paris, United States, China, Abu Dhabi, Russia, India, Poland, UAE, Saudi Arabia, Peruvian, Lima , Peru, Korean, Seoul
Mahmoudi is the clinical director of sleep medicine in the Division of Pulmonary, Critical Care and Sleep Medicine at NYU Langone Health. "I've sent a lot of my patients for a 10-day trip to Europe as a vacation." For night owls, it can be difficult to acclimate to the 9-to-5 world , but one sleep expert has an interesting approach to help some of her U.S.-based clients who are night owls adjust to an earlier schedule. Night owls go to bed and wake up later than others due to their natural circadian rhythms. "But the consistency after [the trip] is important because you genetically are a night owl," Mahmoudi says.
Persons: Mahmoudi, Mandana Mahmoudi, I've Organizations: Sleep Medicine, NYU Langone Health, CNBC Locations: Europe, .
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAll signs point to Mark Zuckerberg celebrating his 40th birthday on what many speculate is his brand-new superyacht Launchpad. But in the yachting world, where privacy is paramount, no party would confirm her owner. This story is available exclusively to Business Insider subscribers. Wingman, the support superyacht that he is suspected to have purchased with Launchpad, made the journey with her.
Persons: , Mark Zuckerberg, Zuckerberg, Ruben Griffioen, eSysman, Autoevolution, Launchpad, he's Organizations: Service, Business, Meta, SuperYacht Times, Marshall Locations: Panama, Fort Lauderdale , Florida, Russian, Launchpad, Feadship's, Netherlands
The plane of former US president Donald Trump takes off from Palm Beach International Airport in West Palm Beach, Florida, on April 3, 2023. The wing of the Boeing jet owned by former President Donald Trump struck a parked plane at a Florida airport after landing safely and taxiing early Sunday morning, the Federal Aviation Administration said on Tuesday. In a statement, the FAA said, "A privately owned Boeing 757 landed safely at West Palm Beach International Airport around 1:20 a.m. local time on Sunday, May 12." "The incident occurred in an area of the airport where the FAA does not direct aircraft. Trump maintains a residence at his Mar-a-Lago club in Palm Beach.
Persons: Donald Trump, Trump Organizations: Palm Beach International, Boeing, Federal Aviation Administration, FAA, Palm Beach International Airport, CNBC, Republican Locations: West Palm Beach , Florida, Florida, Wildwood , New Jersey, West Palm, Lago, Palm Beach, New York
The X-62 Variable In-Flight Simulator Test Aircraft (VISTA) flies upside down in the skies over Edwards Air Force Base. Related storiesIn other words, the Air Force Secretary currently places the branch's F-16-piloting AI as roughly comparable in dogfighting skill to some of the nation's most experienced and capable aviators. The X-62 VISTA flies in the skies above Edwards Air Force Base. US Air Force photo by Richard GonzalesKendall rode in the front seat of the Air Force's heavily modified X-62 VISTA — a Block 30 F-16D that has previously incorporated technology, including multi-axis thrust-vector control, not found on any of the Air Force's operational Vipers. Secretary of the Air Force Frank Kendall, aboard the X-62 VISTA, takes off from the runway at Edwards Air Force Base.
Persons: Frank Kendall, Kendall, Kyle Brasier, Richard Gonzales Kendall, Air Force Frank Kendall, Madeline Guadarrama, we're Organizations: Service, Air Force, Air, Business, Aircraft, Edwards Air Force Base, US Air Force, Air Force's, School, VISTA, Delta Force, Ministry of Ungentlemanly Locations: Washington ,
Jury selection begins Monday in the federal criminal trial of U.S. Sen. Bob Menendez, D-N.J., who is charged with accepting "hundreds of thousands of dollars" in bribes — including some in gold bars — in return for official acts. It also alleges the couple received "gold bars, payments toward a home mortgage, compensation for a low-or-no-show job, a luxury vehicle and other items of value," such as jewelry and exercise equipment. The other two, Fred Daibes and Wael Hana, have pleaded not guilty and will stand trial alongside Menendez. The indictment noted a search of Menendez's home in 2022 turned up "two one-kilogram gold bars and nine one-ounce gold bars that had serial numbers indicating they had previously been possessed" by Daibes. The federal criminal trial is the second Menendez has faced since he was elected to the Senate in 2006.
Persons: . Sen, Bob Menendez, he's, Nadine Menendez, Damian Williams, Jose Uribe, Fred Daibes, Wael Hana, Menendez, Daibes, Uribe, He's, Donald Trump Organizations: ., Senate Foreign Relations, Prosecutors, Southern, of New York, Government, Democratic, Senate, Democratic Party Locations: New Jersey, Qatar, Egypt, Hana, Cuba, Florida, Paris
Last summer, thousands of tie-dyed Burners and Patagonia-clad tech founders converged on the MAPS Psychedelic Science conference in Denver. The experience "broke the spell of this trauma, and she was able to rebuild her life," Doblin told The Guardian . The video team's job was to store recordings of every MDMA therapy session performed in the clinical trials. Grof believes in something called an "inner healing intelligence," an innate capacity for self-healing that psychedelic therapy helps unleash. Another time, a patient who had come to an MDMA therapy session later acknowledged they had been under the influence of LSD during treatment.
Persons: Jaden Smith, Aaron Rodgers, bro, Andrew Huberman, Rick Doblin, Doblin, mainstreaming psychedelics, influencers, Johnson, Elizabeth Nielson, Aubrey Marcus, ayahuasca, Matthew Stockman, Helena —, Timothy Leary, , Hitler, Stanislav Grof, zombified, Brad Burge, Michael Mithoefer, Annie Mithoefer, Oprah, Sen, Joe Biden, MDMA's neurotoxicity, they'd, Albert Hofmann, David Bronner, Dr, Joe's, Bronner, Bronner's, Richard Rockefeller, John D, Rockefeller Jr, Rockefeller, Neşe, Johns Hopkins, who's, Devenot, Rick Friedman, Betty Aldworth, MAPS's multimillionaire, Tim Ferriss, Cody Swift, Zendo, Aldworth, Erica Siegal, Seth Whitelaw, Amy Emerson, JULIE JAMMOT, Ifetayo Harvey, Harvey, Lauren Unger, Unger, Casey Hardison, Harvey didn't, Hardison, Doblin's, Baylee Ybarra Gatlin, Gatlin, negligently, There's, Michael Pollan's, Steve Jurvetson, Elon Musk's who's, Genevieve, Steve Cohen, Alexandra, Mark Zuckerberg's, Dustin Moskovitz, Cari, Gwyneth Paltrow, Paltrow, Sergey Brin, Joe Green, Green, Zuckerberg, Genevieve Jurvetson, Michael Pollan, Jonathan Lubecky, he'd, Rebekah, Robert Mercer, Elizabeth Koch, Charles Koch, Rachel Nuwer, Koch, she'd, MAPS's, Elizabeth Crystal, Joe Rogan, didn't, Jesus Christ, Crystal, Meaghan Buisson, Richard Yensen, Donna, Yensen, Buisson, weren't, Robert, Rebekah Mercer, Sean Zanni, Grof, They've, Kayla Greenstien, it's, George Sarlo who'd, Vicky Dulai, Sarlo's, Dulai, Gul Dolen, Michael Mullette, who'd, Marla Aufmuth, Mullette, Lily Kay Ross, David Nickles, Ross, Greenstien, Rick, Lenny Ignelzi, biostatisticians, Lykos, Peter Thiel, Kara Swisher, Kris Lotlikar, Federico Menapace, Mo Septimus, Handout, Monnica, Williams, Lotlikar, Henry Elkus, Helena ., Elkus, Emerson, ICER Organizations: Science, New York Jets, rockstar, Multidisciplinary Association for Psychedelic Studies, Lykos Therapeutics, and Drug Administration, FDA, Business, Florida's New College, Jewish Telegraphic Agency, Sarasota Herald, Tribune, New College, Guardian, Drug, Harvard's Kennedy School of Government, eBay, Nevada, Doblin, Pentagon, Department of Veterans Affairs, Department of Defense, Staff, Corporation, PBC, pharma, New Yorker, New York Mets, Bloomberg, CBS, Breitbart, CBC News, BI, Porsche, Santa Cruz, New York Times, longtime, Mullette Corporation, New York, Health Canada, Compass, Sciences, Psychedelic Science, Whole Foods, McKinsey, Big Pharma, Vine Ventures, Lucid, Street Journal, Investments, Gawker, Publicly, PBC alums, Numinus, US Army Locations: Patagonia, Denver, Harvard, Colorado, Skokie , Illinois, Ireland, Czech, Sarasota, Arcturus, Florida, Swiss, Vietnam, Washington, Santa Cruz, Chicago, California, Iraq, British Columbia, New York, Hawaii, Santa, Nature, Moderna, Europe, Helena, Yale, Australia, Canada, Israel, Ukraine, ICER, . Upper
In a future war, electronic warfare and anti-satellite weapons could leave the US military without GPS, a critical tool for navigation and targeting. That challenge has prompted the US Air Force to experiment with using artificial intelligence as an alternative navigation method. Related storiesA potential solution being developed by the US Air Force instead relies on AI for navigating in GPS-denied environments. The potential for AI to be used as an alternative to GPS navigation speaks to the growing concern around GPS denial in a future fight. AdvertisementAI creates new opportunities, and the Air Force's navigation alternative isn't the only project looking into how to integrate AI into military systems.
Persons: Col, Garry Floyd, Floyd Organizations: Service, GPS, US Air Force, Business, Department of Air Force, MIT, Intelligence, Associated Press, Air Force, AP, Pentagon, Air Locations: China, Russia, Ukraine, Geneva
Floods in Brazil's Rio Grande do Sul have sparked a number of online conspiracy theories. Jefferson Bernardes/Getty Images"What's happening in Rio Grande do Sul is definitely not natural," one user wrote on X. Advertisementvapor trails — "chemtrails" — spread by the government and then activated by HAARP antennas in Alaska to alter the weather, AFP reported. In the 1990s, a conspiracy theory evolved that they contained dangerous chemicals purposely put in the trails. Advertisement"The warmer atmosphere can store much more water vapor, fueling more frequent and intense episodes of rainfall that lead to disasters like this," he said, while also dismissing the HAARP theory.
Persons: , Eduardo Leite, El Niño, Porto Alegre . Jefferson Bernardes, Hugo Chavez, Russell Brand, nesta, Gc4PiOiPv1 — Frederico Athia, Carlos Nobre Organizations: Service, National Institute of Meteorology, Research, AFP, BBC, Brazil's National Institute of Science, Technology, United Arab Emirates, University of Cambridge Locations: Brazil's Rio Grande do Sul, Rio Grande do Sul, Brazil, Porto Alegre ., American, Haiti, Alaska, Dubai
Eastern Ukraine, a Ukrainian Air Force MiG-29 Wild Weasel fires off an AGM-88 HARM towards a Russian radar. (Summer ‘22) pic.twitter.com/IOeu7hzUxW — OSINTtechnical (@Osinttechnical) February 8, 2024The US Air Force pioneered SEAD tactics in the Vietnam War. The term "wild weasel" originated from Project Wild Weasel. This US Air Force anti-SAM strategy used direct attacks to suppress enemy air defenses, according to the National Museum of the US Air Force. But, he added Ukraine's tactics "go far beyond the classic wild weasel missions of Anti-Radiation Missile equipped aircraft."
Persons: , UkrAF Su, McDonnell Douglas, Stuart Lutz, Gado, Seaman Anthony N, Frederik Mertens, Mertens, William LaPlante, Justin Bronk, Bronk, Russian SAMs, James Hecker, Kajsa Ollongren, Putin Organizations: Service, Ukraine's, US Air Force, Radiation, Business, Ukrainian Air Force, Air, National Museum of, US Navy, US, U.S . Navy, Communication, Hague, Strategic Studies, Radiation Missile, Defense, Washington DC, Wild, Technology, Royal United Services Institute, Russian SAM, United States Air Forces, Air Force, Space, Rygge Air Force Base, OLE BERG, Getty, Dutch Defense Locations: Ukraine's Soviet, Eastern Ukraine, Russian, Ukraine, Ukrainian, treetop, Vietnam, Libya, Iraq, Yugoslavia, London, Europe, Romania, Norway, AFP, Netherlands, Vilnius, Denmark, Crimea, Kerch
Here's how much it costs to own a superyacht — and what that money is going toward. Billionaires like Jeff Bezos, Mark Zuckerberg, and Steve Jobs each spent nine figures on their megayachts. Some superyachts have space for dozens of crewmembers, including a chef, engineer, and masseuse for the guests onboard. If a superyacht has a support yacht — or a support superyacht, in Bezos' case — expect to pay another 10% of that boat's price annually. "If you charter the boat for 50 days a year, it's going to help a lot," Anders Kurtén, the CEO of brokerage firm Fraser Yachts, told BI.
Persons: you'd, Jeff Bezos, Mark Zuckerberg, Steve Jobs, Jeffrey Beneville, Eric Schmidt's, Matthew Fleissig, NFP's Beneville, it's, Anders Kurtén, Beneville Organizations: Palm, NFP, BI, Yachts Locations: South China, Russian, San Diego
The Israeli Air Force achieved an unmatched air combat victory in the 1982 Lebanon War. The battle, known as Operation Mole Cricket 19, saw over 60 enemy aircraft eliminated without a single Israeli loss. The fourth-generation Israeli jets were also made much more lethal by the AIM-9L Sidewinder missile that could be fired from any angle. This allowed Israeli jets, with targeting assistance from UAVs, to destroy the SAMs using anti-radiation missiles. A picture taken on June 28, 2016 shows an Israeli Air Force F-16 fighter jet preparing to take off at the Ramat David Air Force Base located in the Jezreel Valley, southeast of the Israeli port city of Haifa JACK GUEZ/AFP via Getty ImagesAdditionally, Israel had superior Command, Control, and Communications (C3) capabilities.
Persons: , SAMs, Haifa JACK GUEZ, hadn't, Israel, ­ Organizations: Israeli Air Force, Mole, Service, Palestinian Liberation Organization, Soviet Union, Soviet, Syrian Air Force, IAF, AIM, 9L, Ramat David Air Force Base, Getty, Syrian SAM, Kippur, Command, Communications, Grumman, RAND Corporation Locations: Lebanon, Beqaa, Israel, Syria, Soviet, Vietnam, Jezreel, Haifa, AFP, Syrian
Here's how much it costs to own a superyacht — and what that money is going toward. Billionaires like Jeff Bezos, Mark Zuckerberg, and Steve Jobs each spent nine figures on their megayachts. Some superyachts have space for dozens of crewmembers, including a chef, engineer, and masseuse for the guests onboard. If a superyacht has a support yacht — or a support superyacht, in Bezos' case — expect to pay another 10% of that boat's price annually. "If you charter the boat for 50 days a year, it's going to help a lot," Anders Kurtén, the CEO of brokerage firm Fraser Yachts, told BI.
Persons: you'd, Jeff Bezos, Mark Zuckerberg, Steve Jobs, Jeffrey Beneville, Eric Schmidt's, Matthew Fleissig, NFP's Beneville, it's, Anders Kurtén, Beneville Organizations: Palm, NFP, BI, Yachts Locations: South China, Russian, San Diego
Longevity businessman Peter Diamandis is working to combat the muscle loss that comes with aging. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementBusinessman Peter Diamandis is what you might call a longevity chaser. And, he's founded at least a couple of longevity clinics, plus a new $101 million XPRIZE for human healthspan. This story is available exclusively to Business Insider subscribers.
Persons: Peter Diamandis, , He's, he's Organizations: Service, Business Locations: Panama City
Sanction-hit Russian airlines are getting plane parts delivered in hand luggage, per the Financial Times. Flight safety incidents involving Russian planes have shot up, according to estimates. AdvertisementPassengers are carrying plane parts in their luggage to get them to sanction-hit Russian airlines, according to the Financial Times. Russian airlines are obtaining plane parts through a vast network of small suppliers, many of which are based in the United Arab Emirates, the FT reported. Meanwhile, the number of flight safety incidents involving Russian planes has more than doubled, from 37 in 2022 to 81 in 2023, according to the Jet Airliner Crash Data Evaluation Centre.
Persons: , Turboshaft didn't, Timur Badr, Arwed Richter Organizations: Financial Times, Service, United Arab Emirates, Business, Jet Locations: Moscow, Ukraine, UAE, Russian, Russia
Last month in Chicago, a United Airlines flight to London was ready to depart, but it was still waiting for 13 passengers connecting from Costa Rica. The airline projected they’d miss the flight by seven minutes. The system also sent text messages to the late-arriving passengers and the people on the waiting jet to explain what was happening. still might not be able to find space for your carry-on, but it could help put an end to the 40-gate dash — sprinting to catch your connecting flight before the door slams shut — as well as other common travel headaches. Alaska Airlines, American Airlines and others have been working to develop new A.I.
Persons: It’s, Helane Becker, TD Cowen Organizations: United Airlines, . Alaska Airlines, American Airlines Locations: Chicago, London, Costa Rica,
A general view of a FedEx Airlines Boeing 767 BA.N cargo plane, that landed at Istanbul Airport on Wednesday without deploying its front landing gear but managed to stay on the runway and avoid casualties, on a runway in Istanbul, Turkey, May 8, 2024. An investigation is underway after a FedEx Airlines Boeing 767 cargo plane was forced to make an emergency landing without its front landing gear at Istanbul Airport, after the aircraft's nose gear failed to deploy. The plane managed to stay on the runway, and there were no casualties, according to Turkey's Ministry of Transport. The ministry said that the cargo jet, flying from Paris' Charles de Gaulle Airport, alerted the Istanbul Airport control tower that its landing gear was not opening and was able to land with guidance from the tower, according to reporting from Reuters. The ministry also said that its teams were carrying out examinations at the scene, while the U.S. National Transport Safety Board (NTSB) announced it will send its own investigators to Istanbul.
Persons: Charles de Gaulle Organizations: FedEx Airlines Boeing, Istanbul Airport, Turkey's Ministry of Transport, Reuters, U.S . National Transport Safety Board Locations: Istanbul, Turkey, Paris, U.S
Tony Fernandes, CEO of UEGroup, managed his company from a cruise ship for 21 days. AdvertisementThis as-told-to essay is based on a conversation with Tony Fernandes, a 60-year-old founder and CEO of UEGroup based in San Francisco, about his experience working remotely on a cruise ship. In November, I embarked on a trip where I spent several weeks leading my company from a cruise ship with my wife. Expect very slow internet serviceOne thing I didn't realize prior to the trip was that the cruise ship had only one satellite connection shared by thousands of people. If you live or work on a cruise ship and would like to share your story, please email mlogan@businessinsider.com.
Persons: Tony Fernandes, Fernandes, , It's, We're, You've Organizations: Service Locations: San Francisco, Europe, Singapore, Thailand, Malaysia, Japan, Portugal, California
AdvertisementSo, Business Insider asked some style experts — and a finance bro — which brands and styles those on Wall Street should check out for their summer workwear. Men's fashion consultant Reginald Ferguson told BI that he wants his clients to remain "modern, yet classic" in their daily attire. Charles Tyrwhitt; Peter MillarPeter Millar and Charles Tyrwhitt were two brands suggested to BI by an early-career investment banker who asked to remain anonymous to protect his career. It's a "luxury golf brand that was smart to expand its line for its client to wear other garments while not on the course," Ferguson told BI. Kiton, another high-end brand with origins in Italy, is "the grail for the partner of the firm," Ferguson told BI.
Persons: , Goldman Sachs, Mark Zuckerberg, Jeff Bezos —, Lauren Sanchez —, bro, Reginald Ferguson, Peter Millar, Charles Tyrwhitt, Peter Millar Peter Millar, Ferguson, nodded, Nicole Pollard Bayme, Bayme, Billionaire Bill Gates, Larry Ellison, Richard Mille Organizations: Service, bros, JPMorgan, Citigroup, Business, BI, LA, Casio, Getty, Billionaire Locations: Silicon, British, Italy
Marcy Donnelly and Chris Buerger, 50 and 52, combined their last names when they wed in 2000. AdvertisementThis as-told-to essay is based on a conversation with Marcy Donnager. It started as a joke, then we realized it made senseNone of it seemed real, so we made up names for ourselves. But our adopted names didn't suit our last names, Donnelly and Buerger. Then, once we had our marriage certificate, we used it in the court proceeding to legally change our names to Donnager.
Persons: Marcy Donnelly, Chris Buerger, Donnager, , Marcy Donnager, Chris, Sasha, Donnelly, Buerger, Sasha Donnager, Buergdonn, Marcy, Aidan, Austin, we're Organizations: Service, SeaWorld, Social Security, Business Locations: San Diego, San Francisco, Orange County, Las Vegas, Austin
“I love realistic space movies … I’m definitely a nerd,” reads Chris Birch’s answer on her profile page. That response proved prescient: shortly after stepping away from her professional cycling career, the Arizona native was selected from more than 12,000 applicants to join NASA’s astronaut class of 2021. The further she progressed with her application to join NASA, the more convinced she became that she had a future in spaceflight. “I really just had a blast,” Birch tells CNN Sport. “I absolutely would love to explore off this planet,” says Birch.
Persons: Christopher Nolan’s, , Chris Birch’s, sidesteps, Birch, ” It’s, keener, Artemis, Luis Acosta, , I’m, ” Birch, that’s, she’s, There’s, “ I’m, I’ll Organizations: CNN, USA Cycling, NASA, CNN Sport, Space, Soyuz, Houston’s, Space Center, Getty, Tokyo, Games, Colorado –, Houston Marathon Locations: Arizona, madison, Peru, AFP, Leadville, Colorado, Montana, California
Read previewThe performance of hedge fund manager Harris Kupperman's Praetorian Capital Fund is proof that being pessimistic can pay off — even when the economy grows and stocks rise. ​​Since launching at the start of 2019, Kupperman's fund is up an astounding 891.1% net of fees through March 31. AdvertisementBesides budget headaches, the hedge fund manager is wary of escalating political tensions at home and abroad. How to build a crisis-resistant portfolioThe hedge fund manager's blueprint for game plan scoring gains in a shaky backdrop with persistent inflation centers around commodities. A-Mark has consistently generated mid-single-digit earnings per share in recent years, though the hedge fund manager said that could easily rise to $10 as interest in precious metals rises.
Persons: , Harris Kupperman's, , Kupperman, Washington, He's, there's, Precious Metals, Mark Organizations: Service, Capital Fund, Business Locations: cryptocurrencies, East, Ukraine, China
Read previewThe Australian government said Monday that a Chinese People's Liberation Army Air Force fighter jet released flares dangerously close to an Australian Defence Force helicopter over the weekend. The PLAAF jet intercepted the Royal Australian Navy MH-60R helicopter attached to HMAS Hobart in the Yellow Sea and "released flares across the flight path of the Australian Defence Force (ADF) helicopter," the Australian government said in a statement. Australian Defense Minister Richard Marles said a Chinese J-10 fighter aircraft popped flares about 300 meters in front of the helicopter and about 60 meters above it, per reporting from the AP. Related stories"This was an unsafe manoeuvre which posed a risk to the aircraft and personnel," the statement said. This isn't the first incident involving a Chinese jet engaging in troubling behavior in the vicinity of an Australian aircraft.
Persons: , Operation, Richard Marles Organizations: Service, Liberation Army Air Force, Australian Defence Force, Royal Australian Navy, ADF, Business, Australian Defense, China, of Defense, Military, Security, U.S Locations: Hobart, North Korea, Chinese, Canberra, Beijing, Australian, China, People's Republic of China
Ursula von der Leyen, the European Commission president, put pressure Monday on China to help resolve the war in Ukraine, saying Beijing should “use all its influence on Russia to end its war of aggression against Ukraine.”She spoke after accompanying President Emmanuel Macron of France in a meeting with Xi Jinping, the Chinese president, who began his first visit to Europe in five years on Sunday. Ms. von der Leyen has persistently taken a stronger line toward China than has Mr. Macron. With President Vladimir V. Putin of Russia again suggesting he might be prepared to use nuclear weapons in the war in Ukraine, she said Mr. Xi had played “an important role in de-escalating Russia’s irresponsible nuclear threats.” She was confident, Ms. von der Leyen said, that Mr. Xi would “continue to do so against the backdrop of ongoing nuclear threats by Russia.”Whether her appeal would have any impact on Mr. Xi was unclear, and describing the conflict as Russia’s “war of aggression” in Ukraine seemed likely to irk the Chinese leader. Beijing has forged a “no limits” friendship with Russia and provided Moscow with critical support for its military effort, including jet fighter parts, microchips and other dual-use equipment.
Persons: Ursula von der Leyen, , Emmanuel Macron, Xi Jinping, von der Leyen, Macron, Vladimir V, Putin, Xi Organizations: European Commission Locations: China, Ukraine, Beijing, Russia, France, Europe, Moscow
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