DIRS.INFO The most relevant business & tech news

☆ Analysis: India is hosting G20 as the world is in crisis but for Modi it's also a chance to shine
▼ + stars: | 2023-09-08 | by ( Rhea Mogul | ) edition.cnn.com time to read: +9 min

Chinese leader Xi Jinping will be absent from the gathering, with Beijing giving no reason for the surprise miss – a move widely seen as a snub to India. Nevertheless, analysts say the gathering affords Modi a unique chance to shine on the world stage and flex India’s geopolitical muscle. India can act as a bridge,” said Kajari Kamal, associate professor at the Takshashila Institution in India. “For a long time, India was perceived as a nation of over 1 billion hungry stomachs,” Modi said in an interview with the Press Trust of India on Sunday. “It’s giving a great boost to infrastructure domestically, and to the world, it’s showcasing India’s culture and its rich heritage,” she added.

Persons: Narendra Modi, Modi, Modi’s statecraft, Xi Jinping, Vladimir Putin, Joe Biden, Mikhail Svetlov, ”, Kajari Kamal, ’, ” Modi, “, Kamal, It’s, Putin, Biden, Akhil Ramesh, Xi, Putin –, Michael Kugelman, it’s, Ramesh Organizations: CNN, Indian, Beijing, Kremlin, East, Takshashila, Press Trust of India, Pacific Forum, South Asia Institute, Wilson Center, Ukraine, White, Shanghai Cooperation Organization, SCO, Union, Pacific Locations: New Delhi, Ukraine, China, Russia, India, Russian, Moscow, Osaka, Japan, South, “, Australia, United States, Britain, East, Honolulu, Washington, Kremlin Moscow, Delhi

☆ Russia is likely rethinking its air defenses, UK intel says, after a string of embarrassing strikes deep within its territory
▼ + stars: | 2023-08-31 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

Drone attacks on airfields in Russia are likely forcing it to reshape its air defense, UK intel said. Airfields and other locations deep within Russian territory have been pummeled in multiple strikes by exploding drone attacks in recent weeks — with one flurry, on the night of August 29, striking five separate locations. In August alone 25 places in Russia came under drone attack, the UK MOD said, even penetrating the defenses around Moscow. "Russia will have to consider the addition of further air defence systems to airfields that it considers to be at risk from UAV attacks," the UK MoD said. Russia has blamed the attacks on Ukraine, which generally doesn't claim responsibility for attacks on Russian soil.

Persons: Insider's Sinéad Baker, recrimination, Baker, Bob Hamilton, Ben Hodges, Insider's Erin Snodgrass Organizations: intel, Service, UK's Ministry of Defence, Center for Strategic, MOD, MoD, US Army, Foreign, Research, Eurasia Program, Washington Post, Wall Street Journal, Tupolev, Russia Locations: Russia, Wall, Silicon, Moscow, Ukraine, Ukrainian, US Army Europe

☆ China’s new national map has angered its neighbors
▼ + stars: | 2023-08-31 | by ( Rhea Mogul | ) edition.cnn.com time to read: +6 min

CNN —The Philippines has become the latest of China’s neighbors to object to its new national map, joining Malaysia and India in releasing strongly worded statements accusing Beijing of claiming their territory. The map is the “latest attempt to legitimize China’s purported sovereignty and jurisdiction over Philippine features and maritime zones (and) has no basis under international law,” the Philippines Foreign Affairs department said in a statement. India was the first to complain on Tuesday when it lodged a “strong protest” about the inclusion of the Indian state of Arunachal Pradesh and the disputed Aksai-Chin plateau in Chinese territory. “In this climate, while both sides may publicly express their interest in easing tensions, I do not see this happening. This map issue is very serious … the prime minister should speak about it,” he added.

Persons: “, Arindam Bagchi, China’s, Wang Wenbin, ”, Xi Jinping, Narendra Modi, Xi, Modi, Akhil Ramesh, Aksai Chin, Mallikarjun Kharge, Rahul Gandhi Organizations: CNN, Beijing, South China, Philippines Foreign Affairs, Malaysia’s Ministry of Foreign Affairs, Foreign Ministry, Indian, Pacific Forum, Modi, Huawei Locations: Philippines, Malaysia, India, China, Beijing, South, Manila, Arunachal Pradesh, Chin, Asia, South Africa, New Delhi, Honolulu, ”, Galwan, Tawang, LAC, Ladakh, United States, Japan, US, Australia, Jammu, Kashmir, Pakistan

☆ Russia sends some of its most elite paratroopers to the south of Ukraine as counteroffensive breaks through
▼ + stars: | 2023-08-28 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +3 min

Russia has sent elements of an elite paratrooper division to the south of Ukraine, reports say. Ukraine recently sent its powerhouse 82nd Air Assault Brigade into battle in Robotyne, which helped it achieve its breakthrough, per Forbes. Using the 76th in the south suggests Russia lacks reserves, experts sayElements of Russia's elite 76th Guard Air Assault Division have been deployed in key parts of Ukraine throughout the conflict. Russia's decision to redeploy elements of these units to the south suggests that Russian forces lack sizable operational reserves, the ISW said. The units sent to Robotyne appear to have been moved from the Kremmina area in eastern Ukraine, ISW noted.

Persons: Rob Lee, ISW Organizations: Analysts, Service, 76th Guard Air Assault Division, Foreign Policy Research Institute, Reuters, Air Assault Brigade, Forbes, Twitter Locations: Russia, Ukraine, Wall, Silicon, Robotyne, Zaporizhzhia, Philadelphia, Azov

☆ JPMorgan: The world's food supplies face a bleak future. These are the 3 biggest threats, and the companies best-positioned to tackle food insecurity.
▼ + stars: | 2023-08-25 | by ( Mark Reeth | ) www.businessinsider.com time to read: +10 min

Investors need to know exactly where the threats to the world's food supply are coming from, what themes are beginning to emerge in this new reality, and how they should be investing. New threats to the world's food supplyIn her report, Chang highlighted the ongoing problems affecting the world's food supply: war, weather, and the weaponization of food. One of the most devastating recently implemented restrictions on food supply is India's decision to ban the exportation of non-Basmati white rice. The combination of war, weather, and the weaponization of food has taken a toll on the world's food availability. And within food innovation, JPMorgan analysts like Philippine food and beverage maker Monde Nissin (MONDE PM) and Thailand-based seafood producer Thai Union (TU TB).

Persons: UNICEF — that's, Global Research Joyce Chang, Chang, El, Hilary, CJ Cheiljedang, Mengniu Dairy, Kubota, Jeronimo Martins SGPS Organizations: JPMorgan, Hurricanes, UNICEF —, Global Research, Grain Initiative, Food Policy Research, Food, Agriculture Commodities, ASEAN, Mahindra, LG, Thai Union, TU, Jeronimo Martins SGPS SA, Tesco PLC, J Sainsbury PLC, Koninklijke Ahold Delhaize, Carrefour SA, Yara International ASA, OCI, OCI NA, Bayer AG, PepsiCo Locations: Ukraine, California, Canada, East Coast, Russia, Africa, Asia, India, El, South Korean, HK, South Korea, Philippine, Thailand, Europe

☆ Ukraine lacks the drone capacity to strike enough targets in Russia to erode its 'will to fight,' retired US colonel says
▼ + stars: | 2023-08-20 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +3 min

Ukraine lacks the drone capacity to conduct significant strikes in Russia, a war analyst says. Recent months have seen a spate of drone attacks in occupied Crimea and Moscow. Recent months have seen a spate of drone attacks in occupied Crimea and Moscow. Indeed, a reported Ukrainian drone strike Friday caused Moscow to shut down all four of its major airports, CNN reports. Ukraine can only use its own drones to strike inside Russia because of restrictions on using NATO weapons on Russian territory.

Persons: Bob Hamilton, Boris Alekseev, Yuriy Sak, Kelly Grieco Organizations: NATO, Service, Washington Post, CNN, US Army, Foreign, Research, Eurasia Program, Post, Moscow International Business Center, Anadolu Agency, Getty, Stimson, Army Tactical Missile Locations: Ukraine, Russia, Crimea, Moscow, Wall, Silicon, Ukrainian, Kyiv, United States

☆ ‘Peak China’ (Post-Dynasty Version)
▼ + stars: | 2023-08-18 | by ( Ephrat Livni | ) www.nytimes.com time to read: 1 min

“Peak China” refers to the hotly debated concept that China has reached the height of its economic power. Michael Beckley, head of the Asia Program at the Foreign Policy Research Institute, believes he coined the term in a 2018 article that argued China’s economy, the world’s second largest, would not necessarily overtake the U.S. economy, as many had long projected. He said he had been inspired by “peak oil.”

Persons: Michael Beckley Organizations: Asia, Foreign Policy Research Institute Locations: “, China, U.S

☆ Russia's army has learned to plug its frontline defenses in Ukraine with convicts, marines, and special-ops troops
▼ + stars: | 2023-08-06 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

The Russian military has spent months digging in and fortifying its positions in eastern and southern Ukraine. Russian marines during combined exercises with Ukraine's military near Sevastopol in May 2011. "In many cases when they counterattack, this is fundamentally a battle of tree lines," Lee said of Ukraine's advance. "If Ukrainian forces advance and take a tree line, Russian armor moves out and begins to engage that entire tree line at the range of a couple of kilometers. Russian "units are fighting," Lee said.

Persons: Rob Lee, Lee, they've, Stringer Russia, Wojciech Grzedzinski, Putin, Ukraine didn't, we've, They're, Michael Peck Organizations: Service, Russian Army, Foreign Policy Research Institute, Storm, REUTERS, Naval, Anadolu Agency, Getty, Kharkiv, Defense, Foreign Policy, Twitter, LinkedIn Locations: Russia, Wall, Silicon, Ukraine, Russian, Sevastopol, Donetsk Oblast, Ukrainian, Kharkiv, Forbes

☆ India rice export ban, explained
▼ + stars: | 2023-08-03 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +6 min

But for importers and loyal consumers of Indian-grown non-basmati varieties, the ban has been disruptive, including in the United States. Internationally, the ban is causing an upheaval in the market and could especially impact places that rely on Indian rice exports. “So we’re looking to have a really healthy, robust US rice crop.”The United States primarily imports specialty and fragrant rice, he said, like arborio rice used to make risotto; jasmine rice; basmati rice and other varieties. “We are completely dependent on non-basmati rice,” said Kiran Kumar Pola, director of Deccan Foods, an importer and distributor of non-basmati Indian rice that operates out of Arizona. “We at India Bazaar understand the concerns raised in light of the recent ban on Indian Non-Basmati Raw Rice,” the post reads.

Persons: We’ve, USA Rice, what’s, “, ”, Tanner Ehmke, Anupam Nath, Ehmke, Joseph Glauber, it’s, Glauber, El Niño, “ There’s, Peter Bachmann, Charles Hart, ” Rice, Rory Doyle, Kiran Kumar Pola, Sona Masoori, Kerala Matta, Rice Organizations: New, New York CNN, ” USA Rice Federation, ”, International Food Policy Research, International Food Policy Research Institute, USA Rice Federation, BMI, Bloomberg, Deccan Foods, Facebook Locations: New York, United States, USA, India, CoBank, Asia, ” India, Guwahati, Philippines, Malaysia, Vietnam, Southeast Asia, Nigeria, Ivory Coast, Senegal, West Africa, Pakistan, South Asia, California, Pace , Mississippi, Arizona, Kerala, South India, Pola, Dallas

☆ Ukraine had to execute its offensive 'flawlessly' to break Russia's defenses, but mistakes cost it in the opening round, war experts say
▼ + stars: | 2023-07-25 | by ( Ryan Pickrell | ) www.businessinsider.com time to read: +7 min

Ukraine's opening move in the counteroffensive was unsuccessful, experts just back from a trip there assert. Part of the problem is that it relied on newer, less experienced units that made mistakes at a critical moment. That does not "mean that the offensive has failed," he said, adding important context to his assessment of the first round. And that assessment is supported by Lee's account of Ukrainian assault forces advancing against Russian defenses without suppressing artillery fire. Combined arms warfare is not something most countries do effectively, and Ukraine lacks both equipment and experience with this kind of fighting.

Persons: Rob Lee, Lee, Dmytro Smolienko, Michael Kofman, Franz, Stefan Gady Organizations: Service, Foreign Policy Research Institute, NATO, Publishing, Getty, Artillery, Center for Naval, Center for New American Security Locations: Wall, Silicon, Ukraine, Russia

☆ End of Black Sea grain deal: Alternative routes will be 'very costly' for Ukraine, analyst says
▼ + stars: | 2023-07-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEnd of Black Sea grain deal: Alternative routes will be 'very costly' for Ukraine, analyst saysJoseph Glauber, senior research fellow at the International Food Policy Research Institute, discusses the halting of the U.N.-brokered Black Sea grain deal after Russia's withdrawal and the options Ukraine has to export its grains.

Persons: Joseph Glauber Organizations: International Food Policy Research Institute Locations: Ukraine

A dog named BradleyThe armored fighting vehicles are so admired by Ukrainian soldiers that running around Kach’s team’s camp barking is “Bradley” – the brigade press officer’s 6-month-old rescue puppy. Russian artillery started to pick off the vehicles sent out to de-mine the area. The 47th ran into trouble very quickly trying to pierce the Russian line in their newly acquired armor. Outside loud booms from Ukrainian artillery cannons sweep across the heavily damaged and now largely empty town. They have more guns, they have more shells and they have more people so we must counter that with our … professionalism.”These days, that means the slow grind of the exposed troops fighting from trench to trench, assaulting tree line to tree line under heavy fire.

Persons: Ukraine CNN —, ”, “, Kach, Bradley, “ Bradley ” –, Seb Shukla, “ It’s, Rob Lee, ” Lee, Tral, Stanislav, ” Stanislav Organizations: Ukraine CNN, Bradley, CNN, 47th Mechanized Brigade, US, Foreign Policy Research Institute, ” Locations: Ukraine, Ukrainian, Russia, Kharkiv, American, Germany, Kach’s, Crimea, Donbas, Azov, German, “, Russian

☆ Ukrainian soldiers say US Bradley IFVs saved their lives. In old Soviet armored vehicles ‘we would all probably be dead after the first hit.’
▼ + stars: | 2023-06-30 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

Ukrainian soldiers said their lives were saved by the US-supplied Bradley IFVs they were riding in. One soldier said that if they were in a Soviet carrier "we would all probably be dead after the first hit." The soldiers are part of Ukraine's 47th brigade, according to ABC News, which is fighting near Zaporizhzhia in southeastern Ukraine. The US has sent 109 Bradleys to Ukraine, and this month pledged to send 30 more. While Ukraine is getting modern weapons and ammunition from Western partners, many Ukrainian soldiers still have to rely on Soviet-era weaponry.

Persons: Bradley IFVs, Bradley, —, Serhiy, Andriy, It's, Rob Lee, Hanna Maliar, Oryx, Bradleys, Pat Ryder, Insider's Chris Panella Organizations: Service, Bradley, Russian, ABC News, Foreign Policy Research Institute, Twitter, Russian Grad, US, Pentagon Press, Air Force Locations: Ukraine's, Zaporizhzhia, Ukraine, Soviet, Russian

Some Russian military bloggers with substantial followings expect a serious reshuffle of the military in the light of the Wagner uprising, and perhaps within the security services for not seeing the preparations for it. Putin has sought to reassert his authority after Prigozhin's mutiny. There is no way to verify Rybar’s allegations, but their airing may demonstrate a level of apprehension in the Russian military in the light of the mutiny. At one point, according to Russian military bloggers, Surovikin interceded to try to procure ammunition for Wagner. There is still considerable respect in Russian military circles for what Wagner has contributed to the Ukraine conflict.

Persons: Vladimir Putin’s, Wagner, Sergey Shoigu, Rybar, ” Rybar, Putin, Valery Gerasimov, Mikhail Teplinsky, Boris Rozhin, Sergey Surovikin, “, Yevgeny Prigozhin’s, ”, Dmitry Peskov, Surovikin, Mark Galeotti, Galeotti, Tatiana Stayonova, Rob Lee, “ Wagner, ” Surovikin, Prigozhin, Vyacheslav Volodin, ” Volodin, Anastasia Kashevarova, Mikhail Tereshchenko, Stayonava, Shoigu, Yevgeny Prigozhin, George W Bush, Concord Company ”, we’ll, eking, Viktor Zolotov, ” Zolotov, ” Anastasia Kashevarova, Russia “, there’s Organizations: CNN, FSO, Federal Guard Service, Federal Protective Service, AP, General Staff, The New York Times, Mayak Intelligence, Foreign Policy Research Institute, Russian Aerospace Forces, Sputnik, Getty, Western Military, Concord Company, Kremlin, MoD, Defense Ministry, Russian National Guard, Ministry of Defense, Telegram Locations: Rostov, Moscow, Don, Russia, Ukraine, AFP, Bakhmut, Shoigu, Putin, St, Petersburg, Russian, Minsk, Belarus, Prigozhin

☆ How is Ukraine’s counter-offensive going so far?
▼ + stars: | 2023-06-14 | by ( Tom Balmforth | ) www.reuters.com time to read: +6 min

President Volodymyr Zelenskiy has said Western equipment like battle tanks and armoured vehicles should help protect the lives of Ukrainian soldiers. "Ukraine's got choices," said Ben Barry, senior fellow for land warfare at International Institute for Strategic Studies. Those thrusts may indicate Ukraine's generals have their eye on Tokmak, an occupied town in Zaporizhzia region some 25 km from the front line. Military analysts saw it as unlikely this would become the focus of the main Ukrainian offensive. Images shared by Russian military bloggers showed destroyed or damaged U.S.-made Bradley infantry fighting vehicles and Leopard 2 tanks, headline items of military aid sent by the West for the counteroffensive.

Persons: Rob Lee, Volodymyr Zelenskiy, Ukraine's, Ben Barry, Lee, Konrad Muzyka, Hanna Maliar, Muzyka, Maliar, Russia's Vladimir Putin, Jack Watling, Tom Balmforth, Mark Trevelyan, Mike Collett, White, Philippa Fletcher Organizations: Western, Foreign Policy Research Institute, Reuters, International Institute for Strategic Studies, Russian, West, Interior Ministry, Deputy, Troops, Military, Bradley, Leopards, Thomson Locations: Kyiv, KYIV, Ukraine, Russia, Crimea, Moscow, Kherson, Kharkiv, Poland, Orikhiv, Zaporizhzhia, Donetsk, Zaporizhzia, Melitopol, Velyka Novosilka, Bakhmut

☆ Analysis: Ukraine counteroffensive takes shape but main test still to come
▼ + stars: | 2023-06-14 | by ( Tom Balmforth | ) www.reuters.com time to read: +6 min

Moscow's strategy in the south likely aims to maximise Ukrainian casualties before Kyiv can reach the main Russian line of defences about 10-15 km (6-9 miles) away, according to Lee. The main thrusts have come near the Kyiv-controlled town of Orikhiv in Zaporizhzhia region and Velyka Novosilka in Donetsk region, about 80 km to the east. "My main concern five or six days into this main phase is that the progress appears to have stopped. Military analysts saw it as unlikely this would become the focus of the main Ukrainian offensive. Images shared by Russian military bloggers showed destroyed or damaged U.S.-made Bradley infantry fighting vehicles and Leopard 2 tanks, headline items of military aid sent by the West for the counteroffensive.

☆ Russian nationalists called for a general to be shot, arguing 'stupidity' exposed troops to deadly Ukrainian artillery
▼ + stars: | 2023-06-14 | by ( Sam Fellman | ) www.businessinsider.com time to read: +3 min

Russian nationalists blamed military leaders after a shocking report said a large number of troops was killed. "We are at war with our own stupidity and sloppiness," a Russian blogger wrote. It wasn't clear if the latest casualties also included troops from the naval infantry that Akhmedov had led before commanding a Russian field army. Russian generals and colonels have previously been accused of incompetence that led to military disasters. A Ukrainian New Year's strike led to as many as 400 deaths and fueled outrage that Russian officers had bivouacked troops within range of the GPS-guided HIMARS rockets.

Persons: —, Sergey Kolyasnikov, Rob Lee, Zurab Akhmedov, milbloggers, Akhmedov Organizations: Service, Armed Forces, Foreign Policy Research Institute, Ministry of Defense Locations: Russian, Kreminna, Ukraine, Luhansk, Ukrainian

☆ 16 US Bradley infantry fighting vehicles have been destroyed, damaged, or abandoned in Ukraine in recent days, war monitor says, highlighting the cost of Ukraine’s counteroffensive
▼ + stars: | 2023-06-12 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

Ukraine has lost 16 US-supplied Bradley infantry fighting vehicles, open-source analysis found. The losses are a sizeable chunk of the 109 Bradleys sent to Ukraine by the US. Dutch website Oryx, which tracks visual evidence of losses on both sides, documented five destroyed Bradleys and 11 that have been damaged and abandoned. The report on the Bradleys comes after Ukraine lost around half of its specially adapted Leopard 2R mine-clearing vehicles donated by Finland, as Forbes reported. The findings come as Ukraine reported retaking three settlements — Velyka Novosilke, Blahodatne, and Neskuchne in Donetsk region, as CNN reported.

Persons: —, BMP2, Bradley, Rob Lee, Mala Tokmachka, Forbes, James, Spider, Marks Organizations: Bradley, Service, Institute for, Foreign Policy Research Institute, Twitter, Forbes, Oryx, CNN Locations: Ukraine, Ukraine —, Russia, Finland, Zaporizhzhia, Mala, Ukrainian, Neskuchne, Donetsk

☆ Ukraine Mounts Multiple Attacks on Russian Occupiers
▼ + stars: | 2023-06-08 | by ( Eric Schmitt | Andrew E. Kramer | ) www.nytimes.com time to read: +1 min

Three senior U.S. officials, as well as military analysts, said that a long-awaited major Ukrainian counteroffensive appeared to be underway, after months spent mobilizing and training new units, and arming them with advanced Western weapons. A strong indication, they said, was the Ukrainians’ use in combat on Thursday of German Leopard tanks and American Bradley fighting vehicles. “Ukrainian forces have made some tactical gains and sustained losses.”The United States and other Ukrainian allies trained and equipped the nine brigades that were designed to lead Ukraine’s counteroffensive to recapture Russian-occupied land. Ukraine is widely expected to mount a multipronged assault along a front that arcs for hundreds of miles, focusing on a swath of the Zaporizhzhia and Donetsk regions. Ukraine’s plans target specific areas to try to break through Russian lines, but can adjust to concentrate on those thrusts that prove most successful, U.S. officials said.

Persons: American Bradley, ”, Rob Lee Organizations: Kyiv, U.S, German Leopard, Foreign Policy Research Institute Locations: Zaporizhzhia, American, Ukraine, United States, Russian, Donetsk, U.S

☆ Russia said it downed a Ukrainian drone over Crimea. It looks an awful lot like one of their own.
▼ + stars: | 2023-06-08 | by ( Matthew Loh | ) www.businessinsider.com time to read: +2 min

A photo of the wreckage, posted by a Russia-backed official, resembles the Iranian Mohajer-6 drone. The wreckage closely resembles the wing of a Mohajer-6 drone, which Iran manufactures, and Russia uses in the war. "So-called 'head' of Crimea claimed yesterday that a 'Ukrainian army' drone was taken down in Crimea and posted a photo," he wrote. "It seems they took down their own Iranian Mohajer-6 drone. While the shape of the object appears to resemble that of a Mohajer-6 drone, Insider could not independently verify the authenticity of the video.

Persons: —, Sergey Aksyonov, Aksyonov, Rob Lee, Anton Gerashchenko Organizations: Service, Foreign Policy Research Institute, Internal, Russia's Defense Ministry Locations: Russia, Ukrainian, Crimea, Iran

☆ Actor Mark Wahlberg lobbies to make Las Vegas a Hollywood in the desert
▼ + stars: | 2023-06-01 | by ( Contessa Brewer | ) www.cnbc.com time to read: +3 min

Actor Mark Wahlberg lobbied Nevada state lawmakers Wednesday to pass a bill that would coax more film production to Las Vegas. The electronics giant has committed to spend $1 billion on film production in Nevada over a decade, but only if the tax incentive package, known as the Nevada Film Studio Infrastructure Act, passes. That studio would sit on the University of Nevada Las Vegas technology park, which would also include educational facilities for job training in the film industry. "For a company to earn $190 million tax credit ... they would have to spend $633 million filming and creating economic development for this whole valley." Other states have seen film production tax credits become a financial drain, according to analysis by the Nevada Policy Research Institute.

Persons: Mark Wahlberg, Wahlberg, I've, Sen, Roberta Lange, Howard Hughes, Tony Vinciquerra, David O'Reilly, O'Reilly, Birtcher Organizations: CNBC, Nevada Legislature, Birtcher Development, Sony Pictures Entertainment, Howard, Howard Hughes Corp, Sony, Nevada Film Studio, Las Vegas Media, University of Nevada, Nevada Policy Research Institute Locations: Nevada, Las Vegas, Summerlin, University of Nevada Las Vegas

☆ Russia captured Bakhmut, but it cost thousands of troops and has likely exhausted its remaining soldiers
▼ + stars: | 2023-05-24 | by ( Chris Panella | Ryan Pickrell | ) www.businessinsider.com time to read: +6 min

Russia has essentially captured the city of Bakhmut, but it paid a heavy price, exhausting its forces. The win in Bakhmut, which remains contested, is its first battlefield victory in almost a year. The win is likely Pyrrhic, and analysts say there's little Russia can do but wait for Ukraine's next move. Libkos/APUkrainian and Russian troops have been engaged in intense combat over Bakhmut for nearly a year now, and both sides have seen countless soldiers killed and wounded. ISW noted around the time of Russia's claimed victory over Bakhmut that "Russian forces will likely need additional reinforcements to hold Bakhmut City and its flanks at the expense of operations in other directions."

☆ The US once had a 'mini-default' on some of its debts because of a technical glitch. The minor mistake cost billions.
▼ + stars: | 2023-05-08 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +4 min

The incident caused Treasury yields to spike up by 60 basis points or 0.6 percent and cost billions long-term. The US is now flirting with a full default as Republicans in Congress demand spending cuts in exchange for paying America's debt. "Payment delays were chiefly due to back-office technical and organizational problems," according to a report by the Congressional Research Service, a nonpartisan public policy research institute of Congress. Congress has raised the debt ceiling multiple times under previous administrations without negotiations — including under President Donald Trump. President Joe Biden has refused to negotiate over the debt ceiling, while Republicans are also holding firm on their demands.

“This is the second train, there was one like it just before.”The video, seemingly filmed in late March, shows old Soviet tanks being transported, somewhere in Russia. Moscow has been known to bring out older military equipment from storage to help it prosecute the war in Ukraine, but these are different. The tanks are T-55s, a model first commissioned by the Soviet Union’s Red Army in 1948, shortly after the end of World War II. Soviet T-54/T-55 tanks form a threatening ring round the Parliament buildings in Hungary on November 12, 1956. T-55 tanks drive through the streets of Prague, capital of what was then Czechoslovakia, in 1968.

☆ Massive incendiary attack in Bakhmut shows Russia's 'scorched earth' tactics have turned the eastern Ukrainian city to rubble
▼ + stars: | 2023-05-06 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +4 min

The eastern Ukrainian city of Bakhmut was bombed in an apparent incendiary attack on Friday. Video shows the city ablaze with a bright glow, demonstrating Russia's "scorched earth" tactics. "The Kremlin or Prigozhin might have decided to resort to incendiary weapons as a last roll of the dice to force out Ukrainian troops." Videos circulated on social media early Friday, showing the Ukrainian city ablaze with a glow that prompted military analysts to suggest chemical weapons had been used. "The use of these horrific arms may violate the 1983 Protocol on Prohibitions or Restrictions on the Use of Incendiary Weapons.

Search resuls for: "Policy Research Institute"

25 mentions found