"Much production is in volatile regions, and it comes as little surprise that production and trade in crude oil and refined petroleum products have produced a flourishing illicit market that presents …
SEC Calls for Better Accounting Controls as Cyber Scams Increase
"Public companies that are easy targets of cyber scams could be in violation of accounting rules that call for firms to safeguard assets, the Securities and Exchange Commission said Tuesday. The SEC …
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Reported L3, Harris merger would create seventh largest defense firm in the world
"A reported merger between L3 and Harris would create the seventh-largest defense company in the world, one which could become a prohibitive favorite for military communication contracts coming from …
How is the UN funded? A simple explanation of a complex system
The US provides a significant portion of all UN funding, around 22% of the general budget and 28% of its peacekeeping budget. For decades, these contributions have been a source of both national and …
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Cryptocurrency theft hits nearly $1 billion in first nine months: report
"Theft of cryptocurrencies through hacking of exchanges and trading platforms soared to $927 million in the first nine months of the year, up nearly 250 percent from the level seen in 2017, according …
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One-fifth of Chinese tycoons drop out of Hurun Rich List
As of August 15th, 456 Chinese businessmen lost their position on the Huran Research Institute’s “Rich List” of individuals worth over 2 billion yuan ($290 million USD) in 2018. This number accounts …
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EU harbors fears about China’s maritime Silk Roads
The EU is not a political entity known for reaching consensus with speed. Its fears over security-related foreign investments, specifically from China, however, have activated debates and movements …
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America sold $55.6 billion in weapons abroad in FY18 — a 33 percent jump
The U.S. has confirmed $55.6 billion in foreign military sales for fiscal year 2018, a 33% increase over 2017’s sales of $41.9 billion. The head of the Defense Security Cooperation Agency announced …
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Weak passwords banned in California from 2020
As one of the many bills around the country and world that is working to protect devices and data, the state of California has banned the use of simple or default passwords on internet-connected …
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Turkey’s Erdogan tells ministers to stop using U.S. firm McKinsey
"Turkish President Tayyip Erdogan said on Saturday he had ordered his ministers to stop receiving consulting services from U.S. firm McKinsey, after a government deal with it came under fire from the …
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