Finally, inflation will be an enduring factor as military and industry leaders are deeply concerned about the negative impact of inflation running >8% and the impact on real growth.Therefore, we anticipate the FY23 topline US Defense Sector budgets at or above $840b, a ~12% ...
What the military is teaching us about supply chains.(Inside World Trade)Shister, Neil
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One of the most famous examples of a cyberattack that was deployed for surveillance was the Solarwinds supply chain attack. Russian cyber criminals gained access to various US Government entities by piggy-backing malware off an update for the Solarwinds product Orion. Because this product was bein...
Cyber attacks by nation-states devote a surprising amount of time and resources to gain the upper hand in favour of national interests, gathering intelligence, and espionage, theft, and disruption for military strength. Attacks against software supply chains and attempts to obtain IP data on vaccine...
But the US is not the only country trying to onshore some of the chipmaking supply chain. Japan is spending $13 billion on its own equivalent to the CHIPS Act, Europe will be spending more than $47 billion, and earlier this year Indiaannounceda $15 billion effort to build local chip ...
Supply-siders argue that when companies temporarily "over-produce," excess inventory will be created, prices will subsequently fall, and consumers will increase their purchases to offset the excess supply. Demand must remain constant for this part of the theory to work. ...
What Is the Defense Production Act (DPA)? The Defense Production Act (DPA)is a law that gives the U.S. president the power to order companies to produce goods and supply services to support national defense. Originally passed in 1950, the law was first used during the Korean War. The la...
as first delineated in Adam Smith’s 1776 book entitled "An Inquiry into the Nature and Causes of the Wealth of Nations." In this context, the most extreme sort of limited government would be one that lets supply and demand drive the economy: the government would not intervene to set price...
The Nixon administration drafted a deal with the Saudi government to restore the USD to the super currency it once was. From this arrangement, the Saudi government enjoyed the use of U.S. military resources, an abundance of U.S. Treasury savings, and a booming economysaturated with the USD....