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On November 9th, internal documents from Meta Platforms (META.O) revealed that approximately 10% of the companys revenue, or about $16 billion, will come from fraudulent and prohibited advertising in 2024, highlighting loopholes in its advertising oversight. The internal Meta document shows that the social media giant has failed to identify and block a large number of illegal ads for at least the past three years, exposing billions of users on its platforms Facebook, Instagram, and WhatsApp to content including investment scams, online gambling, and prohibited medical products. The company estimates that its platforms push approximately 15 billion fraudulent ads to users daily.Conflict Situation: 1. Russia – ① Russian Ministry of Defense: A Ukrainian drone was shot down in the Moscow region. ② Russia launched a large-scale airstrike against Ukraine, damaging energy and transportation facilities in many parts of Ukraine. ③ Russian Ministry of Defense: Russian troops have occupied the village of Vovche in Ukraines Dnipropetrovsk Oblast. 2. Ukraine – ① Ukraine claims Russia launched a large-scale attack on its energy facilities. ② Ukrainian Prime Minister: Russian attacks on Ukrainian dams damaged several large energy facilities in the Kyiv, Kharkiv, and Poltava regions. Other Situations: 1. US – ① US media: Hungary will be exempt from US sanctions when purchasing Russian energy. ② Ukrainian President Zelensky: Russia launched 450 drones and 45 missiles to attack Ukraines energy sector and infrastructure. 2. Ukraine – Rotating power outages will be implemented in most parts of Ukraine on the 9th. 3. Russia – ① Russian Foreign Minister Lavrov: At the instruction of Russian President Putin, Russia has begun drafting proposals regarding possible Russian nuclear testing programs. ② Russia claims it has not received any statements from the US regarding the resumption of nuclear testing through diplomatic channels. 4. Other – Both external power supply lines to the Zaporizhzhia nuclear power plant have been repaired.On November 9th, Senate Majority Leader John Thune stated that positive progress had been made in bipartisan negotiations to end the federal government shutdown. Lawmakers are working to reach an agreement to temporarily reopen the government and introduce three longer-term appropriations bills for several agencies. According to Republican senators, lawmakers had hoped to release the full text of three full-year appropriations measures for fiscal year 2026 on Saturday, including agriculture, food and nutrition programs, military construction programs, veterans programs, and congressional operating funds. The proposal would fund these initiatives until September 30, 2026. However, by the end of the workday this week, the two parties had not reached an agreement on reopening the government, nor had they released the full-year appropriations bill to the public. The Senate will attempt negotiations again during a rare Sunday session.On November 9th, Russian Foreign Minister Sergey Lavrov stated on the 8th local time that Russia has not yet received any explanation from the US through diplomatic channels regarding President Trumps remarks about resuming nuclear testing. He also stated that Russian President Vladimir Putins instructions regarding nuclear testing are being implemented. Lavrov noted that it is currently unclear whether Trump was referring to nuclear weapons delivery vehicle testing or subcritical testing.November 9th - On November 8th local time, Ukraines state electricity company announced that most parts of Ukraine would experience rotating power outages in two to four rounds from 00:00 to 23:59 on November 9th. The various restrictions in place will remain in effect until the end of the day.

The United States Authorizes A $95 Million Upgrade to Taiwan's Air Defense System

Haiden Holmes

Apr 06, 2022 09:55

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The package would include training, planning, fielding, deployment, operation, maintenance, and sustainment of the Patriot Air Defense System and related equipment, the Pentagon informed Congress in a letter.


"This proposed sale advances the United States' national, economic, and security interests by assisting the recipient in its ongoing efforts to upgrade its armed forces and preserve a credible defensive capacity," the statement said.


"The proposed sale would assist the receiver in maintaining its missile density and readiness for air operations. The recipient intends to utilize this capacity to prevent regional threats and to bolster homeland security."


The US is legally obligated to give Taiwan the tools to defend itself, notwithstanding the lack of formal diplomatic relations and the ensuing outrage in Beijing.


Taiwan's presidential office remarked that this was the third weapons deal announced since President Joe Biden assumed office, demonstrating their relationship's "rock solid" character.


"Taiwan will continue to show its will to protect itself and to strengthen cooperative relationships with the United States and other like-minded nations," spokesman Xavier Chang said in a statement.


Despite clearance by the State Department, the notice does not constitute the signing of a contract or the conclusion of discussions.


Raytheon (NYSE:RTN) was named as the primary contractor for the proposed sale by the Pentagon.


Taiwan's Defense Ministry said that the agreement will "go into effect" within a month.


Taiwan's primary foreign weapons supplier is the United States.