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Analysts: China trying to use Belt and Road meeting to counter U.S. influence
China is getting ready to welcome representatives from 150 nations, including senior leaders of 40 countries, to discuss its international infrastructure program at the second Belt and Road Forum, beginning Thursday and running through Saturday in Beijing. Analysts say it is not merely a conference on infrastructure building, but an attempt by China to display its popularity and power as a political rallying force.
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Lasting U.S. preeminence: A review of Michael Beckley’s “Unrivaled”
The Economist last year proclaimed that the “Chinese century is well under way,” and that China is on its way to replacing the United States as the new global “hegemon.” Tufts University’s Michael Beckley says: Not so fast. He argues not only that U.S. preeminence is safer than most contemporary commentary would have one believe, but also that it is more resilient: “Unipolarity is not guaranteed to endure,” he concludes, “but present trends strongly suggest that it will last for many decades.”
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Actively used private keys on the ethereum blockchain facilitate cryptocurrency theft
Researchers at Independent Security Evaluators (ISE) have discovered 732 actively used private keys on the Ethereum blockchain. The researchers also found that poorly implemented private key generation is also facilitating the theft of cryptocurrency.
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Lucrative human smuggling business via Central America benefits many
A new report estimates that the smuggling of unlawful migrants from the Northern Triangle region of Central America—Guatemala, Honduras, and El Salvador—to the United States generated between $200 million and $2.3 billion for human smugglers in 2017.
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The darker side of the dark web: Weapons trade
Debates over gun regulations make headlines across the world, but there’s an underground operation for weapons that has drawn very little attention – until now. Researchers crept into the dark web to investigate how firearms are anonymously bought and sold around the world.
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Environmental “secondary perils” an increasing threat: Swiss Re
The catastrophe loss experience of the last two years is a wake-up call for the insurance industry, highlighting a trend of growing devastation wreaked by so-called ‘secondary perils’ – which are independent small to mid-sized events, or secondary effects of a primary disaster.
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There’s a massive cybersecurity job gap – we should fill it by employing hackers
Cybersecurity incidents are gaining an increasingly high profile. These attacks are becoming increasingly sophisticated, using psychological manipulation as well as technology. To face these challenges, society needs cybersecurity professionals who can protect systems and mitigate damage. There is already an active population with a strong passion for cybersecurity – hackers.
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China catching up to the U.S. in innovation
If China is only a copier, not an innovator, then the competitive threat it poses to advanced economies would be limited. But there is no reason to believe China won’t follow the path of “Asian tigers” that rapidly evolved from copiers to innovators, which poses a serious threat.
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Securing blockchain technology for cryptocurrency and other applications
Cryptocurrency, or digital currency, was introduced in 2009 by Bitcoin, and the market has since expanded to include many other brands such as Ethereum, Ripple, Litecoin and Zcash. Because it is based on unique blockchain technology, a decentralized network that doesn’t require a third party to process transactions, cryptocurrency operates independently from the global banking system. The privacy that users of a network based on blockchain technology have, however, is a major drawback.
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Nixon and Reagan tried closing the border to pressure Mexico – here’s what happened
Just a week ago, President Donald Trump appeared poised to take the drastic step of closing the U.S.-Mexico border to both trade and travel. But on 4 April, the president backpedaled and instead gave Mexico a year to stop the flow of drugs across the border. If that didn’t happen, he threatened, auto tariffs would be imposed – and the president suggested he might still close the border if that didn’t work. If Trump ever follows through on his threat and puts up a closed sign at the southern border, it wouldn’t be the first time. Twice in the last half-century the U.S. has tried to use the border to force Mexico to bend to America’s will. The ruse failed both times.
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U.S. industries turn to feds for help in economic race with China
In the U.S. economic battle with China, the Chinese government is often portrayed as a kingmaker, making large investments in research and paving the way for Chinese companies to thrive. China, it turns out, is a good foil for U.S. industries as they ask the U.S. government to do more to help them compete globally.
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Nagging security concerns over using Huawei’s tech in Europe
New report urges NATO members to look to emulate Britain, which created an entire government office to scrutinize Huawei’s products for security problems.
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Supporting global companies against cyber threats
A consortium of U.K. cyber security experts is to support global businesses to tackle online threats and protect themselves from cybercrime. The Cyber Readiness for Boards project has been launched to explore the factors shaping U.K. board decisions around cyber risk and develop interventions to provide guidance and support.
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Bigger than Huawei: U.S. broadens scrutiny of Chinese technology
A flurry of seemingly disconnected actions by the U.S. government to curb the involvement of Chinese technology firms in the U.S. economy over the past year reflects the Trump administration’s intensifying concern that those firms could — now or in the future — abet espionage by Beijing’s intelligence services.
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British oversight body: Security flaws in Huawei 5G networks
A British oversight board has slammed the Chinese telecom giant Huawei for software security flaws. The report, however, stopped short of blaming Chinese intelligence agencies for the engineering defects. The United States is concerned that Huawei is a front for the Chinese intelligence services, and that rolling out Huawei’s 5G system in Europe would open the door for Chinese spying or sabotage.
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More headlines
The long view
Ransomware Attacks: Death Threats, Endangered Patients and Millions of Dollars in Damages
A ransomware attack on Change Healthcare, a company that processes 15 billion health care transactions annually and deals with 1 in 3 patient records in the United States, is continuing to cause massive disruptions nearly three weeks later. The incident, which started on February 21, has been called the “most significant cyberattack on the U.S. health care system” by the American Hospital Association. It is just the latest example of an increasing trend.
Chinese Government Hackers Targeted Critics of China, U.S. Businesses and Politicians
An indictment was unsealed Monday charging seven nationals of the People’s Republic of China (PRC) with conspiracy to commit computer intrusions and conspiracy to commit wire fraud for their involvement in a PRC-based hacking group that spent approximately 14 years targeting U.S. and foreign critics, businesses, and political officials in furtherance of the PRC’s economic espionage and foreign intelligence objectives.
European Arms Imports Nearly Double, U.S. and French Exports Rise, and Russian Exports Fall Sharply
States in Europe almost doubled their imports of major arms (+94 per cent) between 2014–18 and 2019–23. The United States increased its arms exports by 17 per cent between 2014–18 and 2019–23, while Russia’s arms exports halved. Russia was for the first time the third largest arms exporter, falling just behind France.
LNG Exports Have Had No Impact on Domestic Energy Costs: Analysis
U.S. liquified natural gas (LNG) exports have not had any sustained and significant direct impact on U.S. natural gas prices and have, in fact, spurred production and productivity gains, which contribute to downward pressure on domestic prices.