Monday, September 22, 2014
Shanghai Cooperation Organization (SCO) Peace Mission 2014
Uh. Chinese armor has the right look. I would love to see it in action. Maybe we should invite them to participate in the "war against ISIS" just to get a look-see on how far they've progressed in the military art.
BAE & Patria to work on Australian combat recon vehicle project.
Thanks for the link Jonathan.
You ever read a story that has you saying WHAT THE FUCK outloud? Check this out via Janes.
Whats going on that has everyone abandoning what I thought (and has presented) were solid alliances to pursue a program that is probably much smaller than even the USMC was contemplating? Certainly they could get the same type of support from their previous couplings.
So why this new partnership?
You ever read a story that has you saying WHAT THE FUCK outloud? Check this out via Janes.
BAE Systems and Finnish aerospace and defence group Patria are to jointly bid for the Australian Army's programme to procure a combat reconnaissance vehicle (CRV) platform.Ok. I admit right up front that I have no idea how the inner workings of the armored vehicle market work, but I would have expected Patria to tap Lockheed Martin on the shoulder and said lets go for this thing in Australia...and for BAE to do the same with Iveco.
A statement on 22 September said the two companies were offering to meet the requirement - part of Land 400 Phase 2 - with a platform based on Patria's 8x8 Armoured Modular Vehicle (AMV). BAE Systems said it would act as prime contractor in the joint bid.
A spokesperson from BAE Systems Australia told IHS Jane's : "The tender for Land 400 is not expected for some time but together we aim to meet the requirement with an evolved solution." The spokesperson said other details of the joint CRV bid would be released later.
Whats going on that has everyone abandoning what I thought (and has presented) were solid alliances to pursue a program that is probably much smaller than even the USMC was contemplating? Certainly they could get the same type of support from their previous couplings.
So why this new partnership?
Sunday, September 21, 2014
Its the economy stupid.
Major Hat Tip to "Bayou Man" for the link.
via The Telegraph.
I keep saying that this artificial construction called globalization is going to collapse and this is another piece of evidence that a global recession is on the horizon.
via The Telegraph.
1 - China slowdownRead it all.
The Chinese economy is slowing and this increases risks for investors around the world. China contributes more than a quarter of world economic growth and is the largest buyer of commodities in the world to fuel its massive construction boom.
2 - Iron ore price slump
Iron ore is an essential raw material needed to feed China's steel mills and as such is a good gauge of the construction boom.
The numbers coming out of China's steel industry are shockingly bad. Shanghai steel futures have fallen to a record low and the sector’s profit margin has also apparently halved to just 0.3pc. A survey of China steel mills that incorporated 2,235 firms or 88pc of Chinese listed companies showed that much of the industry was reliant on subsidies from the state to remain porofitable.
3 - Oil price slump
The oil price is the purest barometer of world growth as it is the fuel that drives nearly all industry and production around the globe. China is also the world’s number one importer of oil.
Brent Crude, the global benchmark for oil, has been falling in price sharply during the past three months and hit a two-year low of $97.5 per barrel, below the important psychological barrier of $100.
I keep saying that this artificial construction called globalization is going to collapse and this is another piece of evidence that a global recession is on the horizon.
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