The Trump Administration is considering a set of proposals developed by Blackwater founder Erik Prince and a retired CIA officer — with assistance from Oliver North, a key figure in the Iran-Contra scandal — to provide CIA Director Mike Pompeo and the White House with a global, private spy network that would circumvent official U.S. intelligence agencies, according to several current and former U.S. intelligence officials and others familiar with the proposals. The sources say the plans have been pitched to the White House as a means of countering “deep state” enemies in the intelligence community seeking to undermine Donald Trump’s presidency. The creation of such a program raises the possibility that the effort would be used to create an intelligence apparatus to justify the Trump administration’s political agenda. “Pompeo can’t trust the CIA bureaucracy, so we need to create this thing that reports just directly to him,” said a former senior U.S. intelligence official with firsthand knowledge of the proposals, in describing White House discussions. “It is a […]
Wednesday, December 6th, 2017
Daniel Shane, - CNN Money
Stephan: Because of the incompetence or uninterest of Trump and the Republican Congress China is cleaning America's clock on the transition out of the carbon energy era. This is not an abstraction. It represents hundreds of billions, possibly trillions of dollars over time in electric car, electric truck, electric road business. That, in turn, represents hundreds of thousands, perhaps millions of jobs.
While America's middle class is withering like an unwatered plant, Chinas' burgeoning middle class is awash in affluence, as I witnessed in my recent trip to Shanghai.
Chinese electric car
China is outmaneuvering the U.S. and other countries in the global scramble for a vital element for electric cars.
As demand for the vehicles surges, Chinese companies have been doing deals around the world to secure supplies of lithium, a silvery-white metal mined from rocks in Australia and brine pools in South America.
China is the top market for electric and hybrid cars, accounting for roughly half of global sales, and the government is pushing the development of the industry within its borders. That calls for a lot of lithium, a key component of the vehicles’ batteries.
“Whoever controls the lithium supply chain will control the future of the electric vehicle space,” said Simon Moores, managing director at research and data provider Benchmark Mineral Intelligence. “There’s a global battery arms race.”
China has limited lithium resources of its own, so it’s looking abroad.
In September, Chinese automaker Great Wall Motor(GWLLF) bought a stake in Pilbara Minerals (PILBF), an Australian lithium miner. Earlier this year, China’s Ganfeng Lithium snapped up 20% of an […]
No Comments
Wednesday, December 6th, 2017
Amir Daftari and Tom Page, - CNN Tech
Stephan: One of the most interesting trends is the transformation of vehicles of all kinds as we move out of the carbon energy age. Most of this innovation -- Elon Musk not withstanding -- is taking place in countries other than the United States. Here is a particularly interesting series of new technologies, all coming from an unlikely source, Dubai.
A major road artery running from Abu Dhabi to Ras Al-Khaimah, it’s a perennial flashpoint in Dubai, where car ownership is higher than both New York and London, according to
2015 figures from the Road and Transport Authority (RTA). Some of the congestion has been eased by the Dubai Metro, which saw over
191 million passenger journeys in 2016, up 12.7 million year-on-year. Few dispute there’s more to be done, however.
It’ll come as little surprise that Dubai is looking for solutions in a way only Dubai could.
Looking to the skies
One fix is to take the traffic to the skies. The RTA announced in February a collaboration with Chinese company
Ehang, designers of a 500-pound single seat drone. Since then […]
No Comments