united states Archive

air forceChina H-20 long range bomber is copying the 21 year old US B-2

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China’s long-range bomber should have a range of at least 12,000 kilometers and 20 tons of capacity, Fu Qianshao, an air defense expert. The H-20 bomber likely has prominent stealth defense capability and a better performance than the US B-2 …

economic impactUS composite PMI indicator consistent with annualized GDP of 3.5%

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Chris Williamson, chief business economist at IHS Markit indicates the US PMI is consistent with an annualized GDP of 3.5%. A markedly improved service sector performance takes the final composite PMI reading above the flash estimate and to its highest …

air forceUS hypersonic cruise missile will only have Lockheed prototype by 2022

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The US Air Force skipped having competitive hypersonic cruise missiles prototypes and only has Lockheed for its $1 billion hypersonic cruise missile development contract. There was not enough money for multiple prototypes. Lockheed is to deliver hypersonic missiles with early …

economic impactUS economy looking strong for rest of 2018 and 2019 despite trade fears

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Friday’s economic data provided evidence the U.S. economy is heading into the second half of 2018 with strong momentum. Economists are slowly ratcheting up expectations for growth through the end of the year, with widely followed measures putting the second …

economic impactUS military costs is not just high salaries but bloated equipment costs

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US General Milley tries to make the case that China matches the US military budget because US salaries are so much higher than China’s. China is catching up to US military technology. The US military budget is bloated because of …

chinaUSA and China have initial trade agreement where China will buy more from USA

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China and the United States have reached an initial agreement on trade. Both parties said in a joint statement on Saturday that China has agreed to “significantly increase” purchases of US goods and services, in order to reduce the trade …

futureThousands of smaller and more powerful gliding missiles for US special ops

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Special Ops are getting thousands of lightweight glide missiles that are smaller and more powerful than a Hellfire and fired from a C-130 gunship tens of thousands of feet above the battlefield. Small Glide Munitions (SGM) can travel more than …

chinaTrump is letting ZTE get back into business

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Chinese technology company, ZTE, earlier this month suspended its main operations after the US Commerce Department banned American supplies to its business. “President Xi of China, and I, are working together to give massive Chinese phone company, ZTE, a way …

iranBroader Israel-Iran War would hit airports and ports for economic attrition

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The Iranian rocket attack and Israel response could be the first skirmishes in a potential war between Israel and Iran that could be big. It could involve Saudi Arabia and Egypt. It could spread across Syria and Lebanon. Israeli cities …

broadbandCandidate for Governor proposes Michigan wide $1.5 billion high speed internet plan

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Candidate for Governor of Michigan proposes $1.5 billion statewide internet connection plan. El-Sayed’s proposal would involve devoting “$1.5 billion to developing broadband networks through public-public partnerships,” even though that number is “probably not enough to connect all of the 250,000 …