Federal Reserve Chairman Jerome Powell has halted interest rate increases. The markets expect several cuts in 2024. The pricing expectations are four or five quarter rate cuts in 2024. The expectations are for cuts to start around March to June. Rate cuts are good for technology and growth stocks. The concern is that rate cuts …
US Navy is planning to lay the keel for the first next-generation Frigate in August 2023. The USS Constellation is the first of twenty planned FFG-62 (was called FFGX) frigates. The U.S. Navy procured the first FFG 62 in FY2020, the next was awarded in April 2021, and the third is planned to be awarded …
Michael Clauss is the German ambassador to China in the SCMP suggest two ways to deal with China’s Silk Road ambitions. 1. partner with China to close development gaps, while reinforcing the open, transparent and non-hierarchical world order, as seems to be working with the AIIB. 2. Europe could offer its own concept to act …
The US Navy could get to a 355 ship navy in 2030 instead of 2045 by spending more to maintain cruisers, destroyers, amphibious class ships, and other Steel hulled ships. They could not extend the lives of submarines, aircraft carriers or Aluminum hulled ships. Aircraft carriers already reach 50 years of use by getting a …
The future development of Bellefonte Nuclear Plant, the northeast Alabama facility sold at auction in November, will generate an economic impact of $1 billion and provide more than 12,000 jobs. Nuclear Development said in its proposal that it plans to complete the two partially completed nuclear power plants and to operate those plants as merchant …
Japan’s Advanced Technology Demonstrator-X (ATD-X) fighter test platform will not fly until at least late 2015 due to issues with the software that controls automatic engine restarts, according to officials at the country’s Ministry of Defence (MoD). The first test flight was scheduled to take place before the end of the current financial year in …