• Chinese Subsidiary of British Investment Bank Now Includes Communist Party Committee

    British bank and financial services giant HSBC, a longtime presence in East Asia, has become the first foreign lender to install a Chinese Communist Party committee in its investment banking subsidiary in China.

  • Doubts Grow Over Turkey's Discovery of Huge Rare Earths Deposits

    Turkey has announced the world’s second-largest deposit of rare earth elements (REEs) — critical metals needed to build electric cars, wind turbines, weapon systems, among other things. But is the Turkish REE grade good enough, and are the deposits found large enough to allow Ankara to end China’s REEs dominance?

  • Sanctions Are Crippling Russia's Economy: Study

    Researchers at Yale University say the Russian economy is suffering massive damage due to Western sanctions, despite Moscow downplaying the effect.

  • A Water Strategy for the Parched West: Have Cities Pay Farmers to Install More Efficient Irrigation Systems

    Unsustainable water practices, drought and climate change are causing this crisis across the U.S. Southwest. To achieve a meaningful reduction in water use, states need to focus on the region’s biggest water user: agriculture.

  • Europe’s Energy Choice

    Russia’s war in Ukraine and the disruption of Russian gas exports to Europe has triggered an energy crunch, with price spikes unlike anything seen since 1973. And the situation will get worse before it gets better. Responding to the immediate energy crisis in the right way will help to address the broader climate challenge. Authorities must both buffer the shock of the gas crunch in the short term, and accelerate the transition to clean energy in the long -term.

  • China Tried to Infiltrate Federal Reserve: Senate Report

    Fed Chair Jerome Powell and a senior member of Congress are at odds over a report issued Tuesday by Senate Republicans alleging that China is trying to infiltrate the Federal Reserve and that the central bank has done too little to stop it. China’s goal, according to the report, is to “supplant the U.S. as the global economic leader and end the U.S. dollar’s status as the world’s primary reserve currency.”

  • New Chief Information Officer (CIO) Program at NYU

    Created in partnership with Emeritus, the new nine-month executive program helps senior technology leaders and CIOs advance their C-suite leadership skills, transform information systems, and navigate rapidly changing remote and workforce trends.

  • FAU Receives State Grant for Cybersecurity, IT Training

    Cybersecurity jobs are expected to grow by a faster-than-average 33 percent over the next 10 years. In addition, cybersecurity-related job postings have increased by 43 percent in the past year. Florida launches a $15.6 million initiative to prepare students and mid-career professionals for jobs in the fields of cybersecurity and information technology.

  • Global Supply Chains Remain Resilient in the Wake of Natural Disasters

    International trade links bind countries together in ways that are difficult to untangle following a crisis. While many U.S. policy makers are calling for reshoring and nearshoring to combat trade disruptions caused by COVID-19, new research suggests retrenchment of global supply chains is unlikely to happen in the post-pandemic context.

  • U.S. Disrupts North Korea Ransomware Group, Recovers Nearly Half a Million

    U.S. law enforcement authorities have disrupted a group of North Korean hackers, recovering nearly half a million dollars in ransom payments it received from a Kansas hospital, a Colorado health care provider and other victims. The North Korea state-sponsored cybercriminals encrypted the Kansas hospital’s servers in May 2021, demanding ransom in exchange for regaining access to its critical computer networks.

  • New Computing Security Architecture Protects Sensitive Private Data

    Protecting sensitive information on the internet has become an essential feature for computing architectures. Applications that process such data must trust the system software they rely on, such as operating systems and hypervisors, but such system software is complex and often has vulnerabilities that can risk data confidentiality and integrity.

  • U.S. Dominated by Remarkable Heat, Dryness

    June kicked off a very warm and dry start to meteorological summer for the U.S. The U.S. struck with 9 separate billion-dollar disasters so far this year. The average June temperature across the contiguous U.S. was 70.7 degrees F — 2.2 degrees above average.

  • Pegasus Spyware Maker NSO Is Conducting a Lobbying Campaign to Get Off U.S. Blacklist

    The cybersecurity firm has invested heavily in top lobbyists and law firms in an effort to lift restrictions on doing business in America. NSO is hoping the Israeli prime minister will raise the issue with Joe Biden when the two meet this week.

  • Rare Earths in Australia Must Be About More Than Mining

    REEs are a group of 17 metals—15 elements from the lanthanide series and two chemically similar elements, scandium and yttrium. Each has unique properties vital for a range of commercial and defense technologies, including batteries, high-powered magnets and electronic equipment. China’s rare-earth production exceeds that of the world’s second-largest producer, the U.S., by more than 100,000 tons per year. The U.S. still relies on China for most rare-earth imports. In some cases, like heavy REE processing, China has 100 percent control of the market.

  • The Chinese Military’s Access to AI Chips

    The Chinese military has made rapid progress in artificial intelligence. This progress largely depends on continued access to high-end semiconductors designed by American companies and produced in Taiwan and South Korea. The aggressive moves by the Trump and Biden administrations to limit technology exports to the Chinese military notwithstanding, China continues to order large quantities of American-designed advanced semiconductors from manufacturers in Taiwan and South Korea.