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U.K. Foreign Office in biometrics spending spree
Foreign and Commonwealth Office earmarks £15 million in biometric gear for embassy security systems
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Food safety standards must be shown to add to companies' bottom line
TraceGains says its supply-chain solutions help companies turn disparate data into actionable business and value chain intelligence — turning traceability from a cost center into a profit center
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A wave of food recalls fuels drive for food safety reform
The FDA told consumers Monday to stop eating anything containing pistachios; the FDA was tipped off by Kraft Foods on 24 March, after the company found salmonella in routine testing and recalled some trail mix
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Less bureaucracy at the border reduces poverty
The need for more security at the borders, together with typical behavior of large bureaucracies, reduce the positive effects of cross-border commerce
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Video surveillance market maintains 10 percent growth
Despite recession, video surveillance market shows a stable — and impressive — growth; better to come
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U.S. space industry not yet affected by slowdown
Economic slowdown notwithstanding, the U.S. space industry boosted revenues by $6 billion to $257 billion in 2008, up from $187 billion three years ago
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FLIR: stimulus makes company an even more attractive investment
FLIR’s thermal technology is used in both defense and energy conservation applications; the stimulus package-related large investments in energy efficiency and continued robust defense and homeland security budgets combine to make the company an attractive target for investors
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DHS to focus on employers in new immigration emphasis
The new policy will aim enforcement efforts at those who hire illegal workers; DHS says immigration raids will continue
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The notion that cybercrime exceeds drug trade is a myth
The number of $1 trillion — as in “cybercrime now generates $1 trillion a year for cybercriminals” — appears to be a myth, even it if is repeated by IT security and communication companies
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Chertoff launches homeland security consulting firm
Former DHS secretary Michael Chertoff to lead security and risk management advisory firm
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Global UAV sales boom, but South Africa's UAV sector flounders
South Africa was among the world’s leaders in designing and manufacturing UAVs; UAVs are the most dynamic segment growth sector in the global aerospace industry; South Africa could have benefited from the growing interest in UAVs, lack of investment in R&D and in finished products may cause South Africa to abdicate the UAV lead it once held
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Denmark, Sweden ahead of U.S. in new global IT report
Denmark and Sweden are better than the United States in their ability to exploit information and communications technology; this good news for the United States: it climbed one spot from No. 4 in 2007 to No. 3, and the report says the United States was well placed for a technology-driven recovery as it has the top scientific research institutions in the world and best collaboration between universities and industries
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Fingerprint sensor suit heats up
For a year now, two fingerprint technology rivals, AuthenTec and Atrua Technologies, have been locked in a legal battle over patents; last week, and for the second time since the suits were filed, the judge in the case has ruled in favor of AuthenTec
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Sonavation shows world's thinnest fingerprint sensor
Florida-based Sonavation shows innovative — and very small — fingerprint sensor: 35 mm in length by 14.5 mm wide with a thickness of only 0.25 mm; the sensing element alone is only 3 mm in length by 14 mm wide by 0.1 mm thick
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PharmAthene in $5.5 million public equity offering
Developer of countermeasures against biological and chemical attacks raises $5.5 million in public offering
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The long view
To Make Children Better Fact-Checkers, Expose Them to More Misinformation — with Oversight
“We need to give children experience flexing these skepticism muscles and using these critical thinking skills within this online context,” a psychology researcher said.
Proof That Immigrants Fuel the U.S. Economy Is Found in the Billions They Send Back Home
Studies indicate that remittances — or money immigrants send back home — constitute 17.5% of immigrants’ income. Given that, we estimate that the immigrants who remitted in 2022 had take-home wages of over $466 billion. Assuming their take-home wages are around 21% of the economic value of what they produce for the businesses they work for – like workers in similar entry-level jobs in restaurants and construction – then immigrants added a total of $2.2 trillion to the U.S. economy yearly. That is about 8% of the U.S. GDP.
Major Lithium Mine Approved in Nevada, Supporting a Domestic Supply of Critical Minerals
Critical minerals are essential building blocks of the modern economy and America’s energy security, from clean energy technologies – like electric vehicle and grid storage batteries and wind turbines – to semiconductors to advanced defense systems and consumer electronics.
Revising the Cost of Climate Change
Climate scientists have warned of calamitous consequences if global temperatures continue their rise. But macroeconomists have largely told a less alarming story, predicting modest reductions in productivity and spending as the world warms. Until now. New study of economic toll yields projections ‘six times larger than previous estimates’.