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The Global Race to Secure Critical Minerals Heats Up
The World Trade Organization last week ruled that Indonesia had no right to ban the export of nickel or to require that raw nickel ore be refined in Indonesia. Handing a comprehensive victory to the complainant, the European Union, the WTO decision highlights the clash between national security and global trade rules over critical minerals.
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The World’s Insurance Bill from Natural Disasters This Year: $115 Billion
Extreme weather events have caused an estimated $115 billion in insured financial losses around the world this year according to Swiss Re, the Zurich-based reinsurance giant. That’s 42 percent higher than the 10-year average of $81 billion.
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Australia and Its Partners Must Do more to Avoid Dependence on China for Rare Earths
Low labor costs, indifference to the environmental impacts of mineral processing, and the rest of the world dropping the ball while focusing on other issues allowed Beijing to achieve global dominance of critical-minerals markets, with almost 80% control of rare earths and up to 94% of other critical minerals like magnesium. The global markets for rare-earth elements and critical minerals are shaping to be the next economic hot zone for the Chinese Communist Party—and for the security of the world’s advanced economies.
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New ‘Faraday Cage’ Research Facility to Help Combat Digital Crime
University of Huddersfield installing a new facility named the ‘Faraday Cage’ which will help speed-up the development and testing of new digital forensic processes to help law enforcement meet the huge growth rate in digital crime.
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Is Industrial Policy Making a Comeback?
Industrial policy refers to government efforts to support particular industries that are considered strategically important, such as manufacturing. It has been employed in many countries, including the United States, though it fell out of favor in the 1980s. The Biden administration has pushed to support advanced manufacturing amid the COVID-19 pandemic, tumult in global supply chains, and the rise of China., in the process renewing the debate about the U.S. government’s role in shaping the economy.
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Railroad Unions and Their Employers at an Impasse: Freight-Halting Strikes Are Rare, and This Would Be the First in 3 Decades
The prospect of a potentially devastating rail workers strike is looming again. Strikes that obstruct transportation rarely occur in the United States, and the last one involving rail workers happened three decades ago. But when these workers do walk off the job, it can thrash the economy, inconveniencing millions of people and creating a large-scale crisis.
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U.K. Removes China from Sizewell C Nuclear Plant as Tensions Grow
London has stripped Chinese firm CGN of its stake in the nuclear plant. British lawmakers were visiting Taiwan and China’s London ambassador was summoned over the alleged assault of a BBC reporter as tensions mount.
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With Climate Impacts Growing, Insurance Companies Face Big Challenges
The impacts of climate change are all around us: sea level rise, severe heat waves, drought, extreme rainfall, more powerful storms. These impacts are making natural disasters more intense and more frequent. Losses from each disaster—drought and wildfires in the southwest, severe storms in the Midwest, flooding in Kentucky and Missouri, and hurricanes in the southeast—have exceeded $1 billion, with the cumulative cost of disasters over the last five years reaching $788.4 billion.
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Examining Vulnerabilities of Electric Vehicle Charging Infrastructure
With electric vehicles becoming more common, the risks and hazards of a cyberattack on electric vehicle charging equipment and systems also increases. Reviewing the vulnerabilities of EV charging infrastructure would help prioritize grid protections and informs policy makers.
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Germany’s China Policy: Has It Learned from Its Dependency on Russia?
The German economy remains heavily dependent on China, its largest trading partner, despite mounting geopolitical tensions between the West and Beijing.
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Building Resilience for the Next Supply Chain Disruption
The great supply slowdown of the early 2020s has generated renewed interest in the topic of supply chain resilience — the practice of building a supply chain that can resist disruptions. As companies patch holes from shortages related to the Covid-19 pandemic, many are wondering what will cause the next big disruption.
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FBI Says It has ‘National Security Concerns’ About TikTok
FBI Director Christopher Wray said on Tuesday that the bureau has “national security concerns” about popular short-form video hosting app TikTok. The FBI’s concerns about TikTok include “the possibility that the Chinese government could use it to control data collection on millions of users.”
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Fukushima Fears Notwithstanding, Japan Still Depends on Nuclear Power
The 2011 Fukushima disaster helped seal the fate of nuclear power in Japan, or so it seemed. Tokyo now plans to extend the life of its nuclear plants and is considering new smaller, safer reactors.
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Three Charged with Giving Secrets to China, and Selling DOD Chinese-Origin Rare Earth Magnets
DOJ charged three residents of Kentucky and Indiana with sending technical military data drawings to China, and then unlawfully supplying the U.S. Department of Defense with Chinese-origin rare earth magnets for aviation systems and military items.
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How Foreign Intelligence Services Compromise, Exploit U.S. Technology
Foreign intelligence services have intensified their efforts to compromise or exploit U.S. technology. A new report analyzes foreign collection attempts to obtain unauthorized access to sensitive or classified information and technology.
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More headlines
The long view
Need for National Information Clearinghouse for Cybercrime Data, Categorization of Cybercrimes: Report
There is an acute need for the U.S. to address its lack of overall governance and coordination of cybercrime statistics. A new report recommends that relevant federal agencies create or designate a national information clearinghouse to draw information from multiple sources of cybercrime data and establish connections to assist in criminal investigations.
Trying to “Bring Back” Manufacturing Jobs Is a Fool’s Errand
By Norbert Michel and Jerome Famularo
Advocates of recent populist policies like to focus on the supposed demise of manufacturing that occurred after the 1970s, but that focus is misleading. The populists’ bleak economic narrative ignores the truth that the service sector has always been a major driver of America’s success, for decades, even more so than manufacturing. Trying to “bring back” manufacturing jobs, through harmful tariffs or other industrial policies, is destined to end badly for Americans. It makes about as much sense as trying to “bring back” all those farm jobs we had before the 1870s.
The Potential Impact of Seabed Mining on Critical Mineral Supply Chains and Global Geopolitics
The potential emergence of a seabed mining industry has important ramifications for the diversification of critical mineral supply chains, revenues for developing nations with substantial terrestrial mining sectors, and global geopolitics.
Are We Ready for a ‘DeepSeek for Bioweapons’?
Anthropic’s Claude 4 is a warning sign: AI that can help build bioweapons is coming, and could be widely available soon. Steven Adler writes that we need to be prepared for the consequences: “like a freely downloadable ‘DeepSeek for bioweapons,’ available across the internet, loadable to the computer of any amateur scientist who wishes to cause mass harm. With Anthropic’s Claude Opus 4 having finally triggered this level of safety risk, the clock is now ticking.”