Oil in longest bear market in over 30 years

West Texas Intermediate Crude (WTI), the grade of crude oil used as a benchmark for pricing in energy markets, ended this Friday down again; closing at $59.87. This marks the tenth consecutive day the benchmark oil price has fallen, heralding the longest continuous decline in oil since 1984. WTI entered bear market territory on Thursday, […]

Russian veterans groups accuse Moscow of war crimes over their use of mercenaries

Earlier this year, a contingent of U.S. Special Operations troops working alongside Syrian Democratic Forces (SDF) in Syria were engaged in a four-hour long firefight against a Syrian government-backed force of some 500 troops. Among those pro-Assad troops, it was reported at the time, were a number of Russian civilians — widely recognized among those […]

Russia’s sole aircraft carrier may never sail again

Russia’s only aircraft carrier, the long-troubled Admiral Kuznetsov, last saw action in 2016 in support of Pro-Assad forces in Syria. That deployment proved embarrassing for the Russian military, with its support mission marred by losing two aircraft as they attempted to land on the ship’s flight deck. When it’s rotation was over, the Admiral skulked […]

China’s F-22 rip off is still plagued by engine troubles

China’s long-touted Chengdu J-20, claimed to be the nation’s first fully functional fifth generation fighter platform, is neither fully functional nor is it technically a fifth-generation fighter — despite already being entered into service in China’s People’s Liberation Army. Fighter generations are not determined by a formal committee; generational labels are more like industry shorthand […]

Do you have a LinkedIn account? You may be a target of Chinese spies

Chinese intelligence agents using fake LinkedIn accounts have managed to ensnare thousands of senior French business executives and civil servants. According to a joint report by the DGSE and DGSI, the French versions of the CIA and FBI, over 4,000 French financial and government ‘high-value targets’ have been pursued by Chinese intelligence. The report states that […]

Watch: Russian fighter hits its afterburners right in front of US Navy recon plane

Tensions between the United States and Russia further escalated on Monday after a Russian fighter jet intercepted a U.S. Navy reconnaissance aircraft flying over the international waters of the Black Sea. With both a large scale NATO deterrence exercise ongoing and Russian ballistic missile tests expected any day in the region, the Russian fighter executed […]