A swath of recommendations calls for more investments, new supply chains and less reliance on other countries for crucial goods.WASHINGTON — The Biden administration on Tuesday planned to issue a swath of actions and recommendations meant to address supply chain disruptions caused by the coronavirus pandemic and decrease reliance on other countries for crucial goods by increasing domestic production capacity.
SANTA CLARA, Calif., June 8, 2021 /PRNewswire/ — Frost & Sullivan’s recent analysis on hypersonic technology development within the United States finds that the ownership of hypersonic missiles by US adversary world powers is accelerating the nation’s expansion efforts of advanced hypersonic defense weapons. Since 2016, spending on hypersonic capability by the US Department of Defense (DoD) has risen ten-fold, from $350 million to $3.8 billion in 2020. By 2025, it is estimated to drop to $2.82 billion, with the Air Force and Navy leading the way in investments, followed by the Army. These offensive and defensive hypersonic weapons and platforms are expected to significantly transform the nation’s tactical and strategic military operations due to their speed, accuracy, and maneuverability. For further information on this analysis, Speed, Accuracy, and Maneuverability of Hypersonic Weapons Will Fundamentally Change the Character of Warfare, please visit: https://frost.ly/5rw”The enhanced speed of hypersonic boost-glide weapons will nullify current radar capabilities for early detection. As hypersonic missiles and aircraft become more widely used, defense against them must remain a priority,” said John Hernandez, Principal Aerospace & Defense Research Analyst at Frost & Sullivan. “In line with this goal, DoD funding for hypersonic technology is expected to remain steady.”Hernandez added,
LONGJUMEAU, France, June 8, 2021 /PRNewswire/ — The French biotech TargEDys specialized in breakthrough microbiome-based solutions announces the publication of its study conducted in 230 overweight adults supplemented for 12 weeks, confirming the efficacy of the precision probiotic Hafnia alvei HA4597® to improve weight loss, hip circumference reduction and metabolic parameters thanks to the action of the probiotic and its postbiotic ClpB on feeling of fullness.Mechanistic and preclinical studies showed Hafnia alvei is able to produce Caseinolytic peptidase B, a protein mimicking the hormone of satiety alpha-MSH, and to reduce food intake in murine models of obesity. These new results confirm the efficacy of this PreciBiomic™ strain in supporting feeling of fullness and weight loss in overweight subjects, as well as reducing hip circumference and glycemia.With an average of 3,6% weight loss in 12 weeks in the probiotic group, Hafnia alvei is dramatically more effective than any other probiotic studied in weight management, and this level of impact fills the gap between the sectors of food supplements and drugs. It also drives innovation in the probiotics field, shifting the approach to precision probiotics, with enhanced efficacy thanks to the precise understanding of the molecular mechanism of action.Hafnia alvei can be found in the
(RTTNews) – Germany’s industrial production logged an unexpected decline in April, data from Destatis revealed on Tuesday. Industrial output dropped 1 percent on a monthly basis in April, reversing a revised 2.2 percent rise in March. Economists had forecast an increase of 0.5 percent. On a yearly basis, the growth in industrial production surged to 26.4 percent from 4.8 percent in the previous month. Compared with February 2020, the month before restrictions were imposed due to the corona pandemic, production was 5.6 percent lower in seasonally and calendar adjusted terms in April. Excluding energy and construction, production was down by 0.7 percent. Within industry, the production of consumer goods dropped 3.3 percent and that of intermediate goods by 0.2 percent. Output of capital goods also fell in April, by 0.1 percent. Outside industry, energy production grew 6.0 percent, while construction output decreased 4.3 percent.
BRUSEELS (AFP) – One of Brussels’ top two leaders has defended the European Union’s (EU) efforts to reach an investment agreement with China, ahead of summit meetings with US President Joe Biden. European Council president Charles Michel will meet Mr Biden at this weekend’s Group of Seven summit in Cornwall, before hosting him in Brussels next week for EU-US talks. Speaking to reporters ahead of the series of summits, Mr Michel stressed that Mr Biden’s efforts to mend ties mark a return to a “strong partnership” after tension under the Donald Trump administration. He insisted that Europe would not “paper over our fundamental values, our fundamental freedoms and human rights” in its dealings with an increasingly assertive China. But he defended Brussels’ troubled effort to negotiate a Comprehensive Agreement on Investment (CAI), which has been delayed by recent rows about human rights sanctions, with Beijing. “We want to rebalance our economic relationship with China,” he said in an interview with a group of reporters late Monday (June 7), including AFP. “In the last years, we have decided to facilitate access to our single market,” he said, addressing China’s recent economic inroads into Europe. “But there is a lack of
The FBI managed to gain access to the “private key” of a bitcoin wallet that the hacking group Darkside used to collect its ransom payments. Budrul Chukrut/Getty Images
The worst may soon be over when it comes to disruptions stemming from the global chip shortage, according to Goldman Sachs.Andrew Tilton, chief Asia economist at the bank, said the situation could improve in the second half of 2021.He said there have been “noticeable tightening” of supply chains and shipment delays in North Asian economies such as Japan, Taiwan and South Korea, which are involved in the semiconductor supply chain.”That will have an impact on downstream sectors. Auto production is one of those,” he told CNBC’s “Street Signs Asia” on Monday.”Our analysts believe we’re probably in the worst period of that right now. That is, we’re seeing the biggest disruption downstream (in) industries like auto right now and that will gradually ease over the back half of the year,” Tilton said.The world has been grappling with a chip shortage that has hit the production of household electronics, including everything from toasters to washing machines.It is also expected to cost the global auto industry $110 billion in revenue in 2021, according to consulting firm AlixPartners.The firm expects the largest impact to car production to hit in the second quarter, before progressively getting better during the second half of the year and
NEW YORK (NYTIMES) – An early clue that something was amiss with the computers at New York City’s Law Department emerged on Monday (June 7) when a lawyer for the department wrote to a federal judge in Manhattan, asking for a short delay in filing court papers because of “connectivity” problems. The department is a 1,000-lawyer agency that represents the city in court and lawsuits. “No one is currently able to log on to the Law Department’s computer system,” the lawyer, Ms Katherine Weall, wrote. Later in the day, city officials revealed the cause of the problem: They had been forced to disable the Law Department’s computer network on Sunday afternoon after detecting a cyberattack. That attack is now under investigation by the intelligence bureau of the New York Police Department and the Federal Bureau of Investigation’s (FBI) Cyber Task Force, the officials said. The hack was first reported by The Daily News. It remained unclear on Monday who was behind the attack or what the hackers’ goal was, according to a city official briefed on the incident. The official said the type of ransomware used is commonly deployed by criminal groups and hackers
SHANGHAI, June 8, 2021 /PRNewswire/ — Hosted by OrigiMed, the 4th OrigiMed International Summit was held in Shanghai under the guidance of the Shanghai Science and Technology Exchange Center and the Shanghai Biomedical Technology Development Center. Committed to better healthcare and higher quality of life, the event had the theme Promote Precision Medicine, Embrace the Hope of Life. Many international experts in the precision medicine industry attended the summit online and shared their cutting-edge advances in the field. Among them were Professor Matthew Meyerson, a leader in cancer genomics and targeted therapy from Harvard Medical School and a founder of the cancer NGS company Foundation Medicine, Professor Gordon Freeman, a pioneer in immunotherapy from Harvard Medical School, Prof. Carlos L. Arteaga, Director of the Harold C. Simmons Comprehensive Cancer Center, UT Southwestern Medical Center in Dallas, Prof. Tony Mok, Lung Cancer expert from the Department of Clinical Oncology at the Chinese University of Hong Kong and Prof. Milind Javle, gastrointestinal oncologist from the MD Anderson Cancer Center.OrigiMed Signs Major Agreements with Partners OrigiMed, AstraZeneca and Ping An Insurance announced their strategic alliance at the event, which involves cooperation on precision medicine development and investment in technology. Aiming to better satisfy the
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