28 Sep 2016

Government shutdown looms as lawmakers spar over budget plan

“A 10-week budget extension to keep federal programs running through the November elections stalled in the Senate on Tuesday, raising the prospect of a government shutdown at the end of the week.” Source: Government shutdown looms as lawmakers spar over budget plan

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27 Sep 2016

U.S. charges four Chinese nationals, China-based firm for evading sanctions on N.Korea

“The United States has charged four Chinese nationals and a China-based company for using front companies to evade U.S. sanctions on North Korea’s nuclear weapons and ballistic missile programs, the U.S Department of Justice said on Monday.” Source: U.S. charges four Chinese nationals, China-based firm for evading sanctions on N.Korea

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23 Sep 2016

Senate panel authorizes money for Mars mission, shuttle replacement

“With a new president on the horizon, a key Senate committee moved Wednesday to protect long-standing priorities of the nation’s space program from the potential upheaval of an incoming administration. Members of the Commerce, Science and Transportation Committee passed a bipartisan bill authorizing $19.5 billion to continue work on a Mars mission

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22 Sep 2016

US allows Airbus, Boeing to sell airplanes to Iran

“Airbus and Boeing have both been given the green light to sell airplanes to Iran in a multibillion-dollar, historic deal, according to the Wall Street Journal. The European-based Airbus became the first manufacturer on Wednesday to receive permission from the U.S. to sell aircraft to Iran since sanctions were lifted

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20 Sep 2016

Accenture to unveil blockchain editing technique

“Accenture is courting controversy in the blockchain community by patenting a technique for editing information stored using the nascent technology in a move designed to make it more commercially viable. By allowing a central administrator to amend or delete information stored on a blockchain, the consultancy says that its prototype

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16 Sep 2016

Private equity in Africa loses its shine

“Major private equity firms have seen a number of top management departures in Africa, individuals familiar with the matter said, as the funds grapple with investments hurt by a weak economy.   US firm Carlyle, Standard Chartered and emerging market-focused Actis have all seen a change of top executives at

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16 Sep 2016

Gasoline shortages, price hikes coming to East Coast after pipeline leak

“A leak has caused the closure of a crucial pipeline that carries gasoline to the eastern United States, a disruption that threatens to drive up prices and leave service stations without fuel to sell.” Source: Gasoline shortages, price hikes coming to East Coast after pipeline leak – Sep. 16, 2016

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13 Sep 2016

Report: Wars in Iraq, Afghanistan cost almost $5 trillion so far

“The wars in Iraq and Afghanistan have cost U.S. taxpayers nearly $5 trillion so far, and that total could rise even higher in the years to come, according to new calculations released by independent researchers late last week.” Source: Report: Wars in Iraq, Afghanistan cost almost $5 trillion so far

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12 Sep 2016

US Nuclear Plant up for Sale at Fraction of Cost

“After spending more than 40 years and $5 billion on an unfinished nuclear power plant in northeastern Alabama, the nation’s largest federal utility is preparing to sell the property at a fraction of its cost. The Tennessee Valley Authority has set a minimum bid of $36.4 million for its Bellefonte

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09 Sep 2016

Senators to force vote on $1.15B Saudi arms sale

“A group of senators is planning to force a vote this month to block a $1.15 billion arms sale to Saudi Arabia. Sens. Rand Paul (R-Ky.), Chris Murphy (D-Conn.), Al Franken (D-Minn.) and Mike Lee (R-Utah) introduced a joint resolution of disapproval on Thursday that, if passed, would undercut a

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