The U.S. maritime industry is too small to contribute enough to American military and economic security due to its shrinking size, while communist China’s maritime industry has been growing. America faces challenges. Rear Admiral Mark Buzby (U.S. Navy, ret.), former commander of the Navy’s Military Sealift Command and head of the Maritime Administration in the…
Where Are the Ships? Fighting a Pacific War Without American Sealift: A Hudson Institute Discussion
LIVE NOW: Where Are the Ships? Fighting a Pacific War Without American Sealift: A Hudson Institute Discussion
The U.S. maritime industry is too small to contribute enough to American military and economic security due to its shrinking size, while communist China’s maritime industry has been growing. America faces challenges. Rear Admiral Mark Buzby (U.S. Navy, ret.), former commander of the Navy’s Military Sealift Command and head of the Maritime Administration in the…
Arrest Warrant Issued for Rapper Kodak Black in Florida
FORT LAUDERDALE, Fla.—A Florida judge has issued an arrest warrant for rapper Kodak Black for failing a drug test while on bail for a drug charge, court records show. The warrant was issued Thursday after Black, whose legal name is Bill Kapri, did not appear for a scheduled drug test in early February and then…
Kids, Showers, Love, and Flowers: Verses for March and the Coming of Spring
Spring is the unlocking time, the greening of fields, forests, and lawns, the season of mud puddles, sunshine, and gentle rains when the last hard edges of winter melt away and the days are soft again. Spring figures in several Western religions. To the ancient Greeks, the season meant the release of Persephone, goddess of…
Curious Case of Grayscale and the Big Bitcoin Discount
Commentary Anyone who watched television during 2022 saw the ubiquitous TV commercials for Grayscale, which manages the world biggest Bitcoin investment fund. Those ads touted Bitcoin as “the future” and should be part of a retiree’s portfolio. But investors in Grayscale Bitcoin Trust (GBTC) are facing both a problem and an opportunity. The problem? GBTC…
China Added to Its Money Supply in 2022
News Analysis China has reportedly added trillions of yuan to the money supply in 2022, the most in its history and equivalent to the combined amount from the United States, Japan, and the European Union. However, the move may have no way to boost the Chinese economy, given a sluggish trend in GDP and a…
Xi Jinping Has ‘Doubts’ Regarding Success of Taiwan Invasion: CIA Chief
William Burns, director of the CIA, claimed that Beijing is doubtful whether its potential invasion of Taiwan would be successful, with the ongoing Russia–Ukraine conflict strengthening such concerns. In an interview with CBS on Sunday, Burns was asked whether China would commit to an outright invasion or seek to slowly strangle Taiwan’s democracy. “I think our…
The Clock Is Ticking
Commentary Recession indicators are becoming more insistent. Yet, the Federal Reserve remains focused on its inflation fight. As noted in “No Landing Scenario,” the Fed maintains a “hawkish” bias despite the markets not listening. As such: • “I wouldn’t rule out supporting a 50 basis-point March hike,” said James Bullard, president of the Federal Reserve…
Wall Street Opens Higher After Worst Weekly Selloff of 2023
Wall Street’s main indexes opened higher on Monday as investors bought beaten-down shares after the main benchmarks suffered their worst weekly selloff of the year on worries of aggressive interest-rate hikes. The Dow Jones Industrial Average rose 89.24 points, or 0.27 percent, at the open to 32,906.16. The S&P 500 opened higher by 22.32 points,…
Cross-Partisan Calls Mount for Public Inquiry Into Chinese Election Interference
Cross-partisan calls are growing for the Liberal government to call a public inquiry to investigate allegations of election interference in Canada’s 2019 and 2021 federal elections by the Chinese government, despite Prime Minister Justin Trudeau having already ruled it out. “Some form of non-partisan deep look has to happen here,” said Gerald Butts, Trudeau’s former principal secretary and…
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