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A Headache for Germany: Russian Nickel, Palladium, Chromium Exports
Russian gas and oil are by far the most significant exports Moscow sells to Germany. Yet other important raw materials are also under the spotlight because of the war in Ukraine.
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Identifying Methods to Predict Future Cyberattacks
“Malware” is a big threat for modern society. In 201, 2.8 billion consumer data records were breached, costing more than $654 billion to U.S. organizations, posing a massive industry threat. The numbers have only increased since then. Researchers are investigating ways to accurately predict these attacks.
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Ukraine War’s Impact on Critical Materials Supply, Green Energy
The elephant in the room is Europe’s dependence on the vast quantities of hydrocarbons that flow from Russia into Europe, but Putin’s war on Ukraine has the potential to affect many key supply chains for materials that will contribute to the clean energy transition.
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German Auto Industry Alarmed Over Lack of Raw Materials
Critical raw materials from Russia and Ukraine could become increasingly scarce as a result of the conflict. Car industry experts called on the EU to seek new markets and boost the domestic extraction of key metals.
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Russia’s Energy Clout Doesn’t Just Come from Oil and Gas – It’s Also a Key Nuclear Supplier
As Western nations look for ways to reduce their reliance on Russian oil and gas, another aspect of the Ukraine crisis has received less attention: Most of the 32 countries that use nuclear power rely on Russia for some part of their nuclear fuel supply chain. Economic fallout from the war in Ukraine could disrupt access to fuel for the nuclear power industry.
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DHS Sued Over Vetting Program to Collect and Data Mine
The Electronic Frontier Foundation (EFF) the other day filed a Freedom of Information Act (FOIA) lawsuit against the Department of Homeland Security (DHS) for records about a multi-million dollar, secretive program that surveils immigrants and other foreign visitors’ speech on social media.
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Cyber and Physical Security Should Collaborate: What Does It Take to Achieve This
To understand and mitigate threats that cross the boundary between what is cyber and what is physical, some organizations have integrated their security resources to encourage them to work more closely together.
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What Does It Mean to Be Energy Independent?
“‘Energy independence’ is a political slogan, not an economic or technical concept with a clear definition,” Berkeley’s Andrew Campbell says. “I understand that politicians use the term ‘energy independence’ to imply that a country is insulated from global energy markets. However, this is rarely the case.”
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Can Germany Wean Itself Off Russian Gas?
Experts are divided on how quickly Germany could cut imports of Russian energy and stop funding President Vladimir Putin’s invasion of Ukraine. How vulnerable would such a move leave Europe’s largest economy?
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The Ukrainian Economy: Where Now for the Future?
An expert has warned that the impact of the war will be disastrous for the Ukrainian economy, regardless of the outcome. “War will always have a catastrophic impact. As you’d expect, production is collapsing, and the economy has given up percentages of GDP growth,” says a Cambridge University professor who is an economic adviser to Ukrainian President Zelensky.
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The War in Ukraine Is Creating a Massive Grain Shortage
Together, Russia and Ukraine account for 30 percent of the world’s exported wheat, and the Agricultural Market Information System—an international group focusing on global food-policy initiatives—estimates that 25 countries source at least half of their supplies from the two countries. Grain exports from the war-torn region have largely stalled, as shipping ports have closed, farmland has been ruined, and farmers have been conscripted into service.
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Green Rare-Earth Recycling Goes Commercial
Rare earths are essential ingredients in the magnets that power many technologies people rely on today, such as cell phones, computers, electric vehicles, and wind turbines. Researchers have developed a novel way to extract rare earth elements (rare earths) from the high-powered magnets in electronic waste (e-waste).
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Food Crisis Due to Ukraine War Calls for Demand-Side Action
The global food system is impacted by the war in Ukraine, adding to the direct humanitarian and security crisis caused by the Russian aggression. Ukraine and Russia are major producers of grains and fertilizers. Experts say that focusing on short-term supply-side solutions is not the way to go. Rather, changes to the demand side of the global food system can lead to both a more resilient and more sustainable global food system.
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Domestic Extremists and Cryptocurrency
Domestic extremists have been receiving a steady stream of cryptocurrency donations since 2016, and after the “Unite the Right” rally in Charlottesville, Virginia, in 2017, the extremists’ use of cryptocurrency has spiked, leading many financial services providers to “deplatform” certain extremist groups.
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Texas Warns Firms They Could Lose State Contracts for Divesting from Fossil Fuels
A new law prohibits the state from contracting with or investing in companies that divest from oil, natural gas and coal companies.
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More headlines
The long view
U.S. Debt Default Could Trigger Dollar’s Collapse – and Severely Erode America’s Political and Economic Might
Brinkmanship over the debt ceiling has become a regular ritual. As an economist, I know that defaulting on the national debt would have real-life consequences. Even the threat of pushing the U.S. into default has an economic impact. In August 2021, the mere prospect of a potential default led to an unprecedented downgrade of the nation’s credit rating, hurting America’s financial prestige as well as countless individuals, including retirees. And that was caused by the mere specter of default. An actual default would be far more damaging.
U.S. Nonfuel Mineral Production Jumps $3.6 Billion in 2022
U.S. mines produced approximately $98.2 billion in nonfuel mineral commodities in 2022—an estimated $3.6 billion increase over the 2021 revised total of $94.6 billion.
Great Leap Nowhere: The Challenges of China’s Semiconductor Industry
China is struggling in the battle for advanced semiconductor technology. With President Joe Biden’s most recent round of export controls on semiconductors, China is now facing an increasingly urgent challenge as it seeks to ramp up its domestic innovative capacity for high-end chips. These difficulties and challenges notwithstanding, Elliot Ji writes, “U.S. policymakers should be keenly aware that China’s relative success with creative adaptation means that it can boost certain sectors of the chip industry by exploiting leaky export controls and engaging in cyber espionage.”