In January, Prime Minister Mark Carney met with Chinese President Xi Jinping in Beijing and signed a tariff relief for Canadian agricultural sectors in return for allowing 49,000 Chinese EV's into Canada at a reduced rate of 6.1 percent. Carney stressed at the time that his Country needed to learn from China's...
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Can U.S. and Chinese interests unify to maintain long-term open shipping in the Strait of Hormuz?
By Jeffrey A. Newman Esq. MBA
The Strait of Hormuz is one of the few issues where U.S.and Chinese interests clearly
overlap, so itās a natural place to build limited, interest-based cooperation even amid broader
rivalry. Both the U.S. and China's economies depend on stable Gulf energy flows; roughly half of...
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overlap, so itās a natural place to build limited, interest-based cooperation even amid broader
rivalry. Both the U.S. and China's economies depend on stable Gulf energy flows; roughly half of...
Chinese National and two U.S. citizens charged with conspiring to smuggle AI technology to China
Three individuals, Stanley Yi Zheng, Matthew Kelly, and Tommy Shad English have been charged with conspiring to commit smuggling and export control violations. The three defendants are alleged to have sought millions of dollarsā worth of export-controlled computer chips from a California-based computer hardware company for illegal shipment to China through Thailand....
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Is marine insurance shifting from London to Hong Kong? Not at this stage, here’s why
By Jeffrey A. Newman Esq. MBA
On March 11 of this year, the South China Morning Post with the headline "HK has edge over London in marine insurance cover" The article states that Hong Kong is set to challenge London's dominance in marine insurance as Middle East tensions highlight...
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Clogging the Strait of Hormuz and the resulting increase in demand for EV autos here, and whether U.S. automakers will rise to the occasion?
By Jeffrey A. Newman Esq.
The Strait of Hormuz crisis and resulting gasoline price spike are already pushing more U.S. buyers to consider EVs, hybrids, and plugāin hybrids, but domestic policy, tariffs, and enforcementāespecially around tariff fraudāwill largely determine how this plays out.Ā American automakers can rise to the...
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Establishing the “Fourth Corridor” for global oil shipping, through the Northwest Passage and Canada’s Arctic archipelago
by Jeffrey A. Newman Esq.
The Strait of Hormuz, Strait of Melacca, Suez Canal, and Panama Canal have all become choke points for the shipment of commodities and energy flows, including oil and gas. When disruptions at these locations occur, whether due to weather, conflict, outdated infrastructure, or other...
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Arizona files criminal charges against parent of Kalshi the startup prediction platform alleging illegal gambling
By Jeffrey A. Newman Esq.
Arizona has filed criminal charges against the parent company of Kalshi, the startup prediction platform. The charges include 20 counts of illegal betting and wagering. Arizona's Attorney General said Kalshi had accepted bets from residents on sports, elections, and events in violation of state...
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Australian plastics recycling company Samsara Eco is using AI to create new enzymes to break down plastics
By Jeffrey A. Newman Esq. MBA
Samsara Eco, an Australian company backed by Singapore's Temasek, has used artificial intelligence to design new enzymes that can break down plastics. The new enzymes reduce the use of plastics in textiles and packaging. In addition, the company leaders believe that the enzyme...
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U.S. development of operational counter-drone anti-swarm systems is quickly advancing
By Jeffrey A. Newman Esq. MBA
Spawned in part of the Ukraine war and the use of drones by the two nations, the impact on military warfare has been remformulated. Operational testing on many new products is heating up and incentives for success include the potential for billions in...
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Aetna agrees to pay $117.7 Million to settle False Claims Act case alleging it submitted inaccurate diagnosis codes
The United States Attorney in Philadelphia announced that Aetna Inc., a national insurer incorporated under the laws of Pennsylvania, has agreed to pay $117,700,000 to resolve allegations that it violated the False Claims Act by submitting or failing to withdraw inaccurate and untruthful diagnosis codes for its Medicare Advantage Plan enrollees in...
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