Iran Pays Half Price to Boeing and Airbus

Hassan Rouhani

Iran says it sealed Boeing plane deal at half price

DUBAI (Reuters) – Iran said on Sunday it had negotiated to pay only about half the announced price for 80 new Boeing airliners in an order that the American planemaker had said was worth $16.6 billion.

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Dec 28

Brandon Smith: Donald Trump as the Scapegoat — Wall Street & Federal Reserve Are Setting Him Up….

Brandon Smith

Federal Reserve is now initiating the economic end game

We have heard endless lies and rationalizations…

As I have been arguing for most of the past year, the election of Donald Trump was inevitable and would precede the triggering of the final stage of our ongoing economic crisis. I came to realize that the Fed’s timing of their latest rate hike is highly strategic. Not only does it set the stage for a series of hikes that will crush U.S. stock markets this coming year and finally shock the public out of their fiscal stupor, but it also maneuvers the crisis right into the lap of Donald Trump and the conservative movements that support him.

…the truth is, vigilance is needed now more than ever. I said it before the election and I’ll say it today  do not get comfortable; the times are about to get even more interesting.

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Dec 24

Steven Aftergood: CRS on Defense R&D

Steven Aftergood

Nearly half of all federal research and development dollars go to the Department of Defense, a new report from the Congressional Research Service observes. The Pentagon research budget is more than twice that of the next largest recipient, the Department of Health and Human Services.
The structure of the DoD research budget, which has “its own unique taxonomy,” is described in the new CRS report. See Department of Defense Research, Development, Test, and Evaluation (RDT&E): Appropriations Structure, December 13, 2016:

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Dec 22

Berto Jongman: China’s Road from Seoul to Istanbul

Berto Jongman

OBOR on the Ground: Evaluating China’s “One Belt, One Road” Initiative at the Project Level

A massive infrastructure push is underway across Asia. The region’s infrastructure market could grow by 8 percent annually over the next decade, rising to nearly 60 percent of the global total. All told, the region’s infrastructure needs are estimated to exceed $1 trillion annually. China’s “One Belt, One Road” (OBOR) initiative is at the center of this push. Estimates vary, but all point toward an ambitious endeavor. Geographically, OBOR could span 65 countries responsible for roughly 70 percent of the world’s population. Economically, it could include Chinese investments approaching $4 trillion.

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Dec 15