Since November 8th, several public companies have unsuspectingly fallen into the cross hairs of Trump tweets sending their stocks gyrating violently while adding or erasing millions of dollars worth of market cap in a matter of seconds. Here is just a small sample: (see source)
As we pointed out back in January, Toyota’s shares, along with the Mexican Peso, tumbled on Trump’s threat to impose a “big border tax” on their Corolla imports as the unprepared and shocked company frantically drafted a response. Continue reading
Russia is launching a new national defense facility, which is meant to monitor threats to national security in peacetime, but would take control of the entire country in case of war.
The new top-security, fortified facility in Moscow includes several large war rooms, a brand new supercomputer in the heart of a state-of-the-art data processing center, underground facilities, secret transport routes for emergency evacuation and a helicopter pad, which was deployed for the first time on Nov. 24 on the Moscow River. The Defense Ministry won’t disclose the price tag for the site, but it is estimated at the equivalent of several billion dollars.
The new National Defense Control Center (NDCC) is a major upgrade on what was previously called the Central Command of the General Staff, a unit tasked with round-the-clock monitoring of military threats against Russia, particularly ballistic missile launches, and deployment of strategic nuclear weapons. It was roughly a counterpart to the US National Military Command Center, the Pentagon’s principal command and control site. Continue reading