Page 941 - Uncle Sam News Today

While the broader technology sector suffered this year, it's opening door for cheap software stocks to buy.

A top-shelf, closed-door drinking session. $546-a-night hotel rooms. A special government credit card for Mar-a-Lago. Taxpayers foot the costs — and the president profits.

China’s President Xi Jinping appeared Sunday on his way to firming up further his being the paramount leader of the world’s most populous nation (1.426 billion) by clinching a record third term as general secretary of the powerful Chinese Communist Party.

The U.S. Navy needs a new fleet of ballistic missile submarines, a $112 billion acquisition its leaders have called “foundational to our survival.”  In the coming decades, those ships will take shape, one by one, inside an enormous new facility at the General Dynamics Electric Boat campus on the Thames River in Groton, with the help of thousands of newly minted welders, ship-fitters and mechanics mobilized from eastern Connecticut and beyond.

As the row between the US president and the Gulf kingdom over increasing oil production escalates, the UK arms industry giant may have to choose which of its two lucrative customers to side with

Reviving the Right to Know

“The sheer volume and complexity of work that we’re infusing into the submarine industrial base is something that we haven’t had in a very long time,” said Whitney Jones, director of the Submarine Industrial Base initiative at U.S. Naval Sea Systems Command.

Elon Musk's SpaceX is telling the U.S. government that it can no longer pay for Starlink terminals to help Ukraine's war effort, and is asking that the Department of Defense to pick up the tab to the tune of $124 million — just to cover service through the end of 2022.

Chinese leader Xi Jinping’s consolidation of power in China matters to Myanmar. The Chinese president looks set to secure the green light for an unprecedented third term in office at the 20th National Party Congress of the Chinese Communist Party (CCP) in Beijing that begins tomorrow.

(Archived document, may contain errors) 11/10/87 59 THE DEFICIT SUMMIT: OVERLOOKING THE REAL CAUSE OF THE MARKET CRASH (Updating Ba@under Update No. 56, "An Eight-Point Presidential Agenda for the Budget Summit," October 26, 1987)