Russia may sell its Debt in Yuan

Russia is considering issuing debt in Chinese yuan in the coming years, which will facilitate Russian corporate borrowers’ access to the Chinese market, Russia’s Deputy Finance Minister Sergei Storchak said. "In general, study of the Chinese market's opportunities is currently underway," Storchak told journalists on Wednesday. The yuan bond issues could happen in the coming years, but only after a proper study, the official added. The Russian Ministry of Finance has a lot of issues to expl...
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China Replacing Humans with Robots

This is the first episode in a Bits video series, called Robotica, examining how robots are poised to change the way we do business and conduct our daily lives. Faced with an acute and worsening shortage of blue-collar workers, China is rushing to develop and deploy a wide variety of robots for use in thousands of factories. Waves of migrant workers from the countryside filled China’s factories for the last three decades and helped make the nation the world’s largest manufacturer. But ...
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Northrop unveils NATO-1 Global Hawk in Europe

Northrop Grumman has unveiled the first of five RQ-4B aircraft for NATO’s Alliance Ground Surveillance programme at a ceremony in Palmdale, California – a milestone on the multinational effort that has been 20 years in the making. The aircraft, a derivative of the Block 40 Global Hawk operated by the US Air Force, is the radar-carrying airborne surveillance component of a far larger intelligence-gathering apparatus that includes fixed and mobile ground control stations and an advanced “PE...
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Mexico Fires on Border Patrol Helicopter

A U.S. Border Patrol helicopter was forced to make an emergency landing in Texas after it was fired upon. The incident happened about 5 p.m. Friday while the aircraft was patrolling the Rio Grande near the far northwest corner of the border city of Laredo. Webb County Sheriff Martin Cuellar (KWAY'-yahr) tells the Laredo Morning Times ( http://bit.ly/1Kg0ji2 ) that out of five shots believed to have been fired at the helicopter, two are confirmed to have hit their target. Border Patrol spokesw...
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US to Deploy Missiles to Eastern Europe

The United States is contemplating deploying missiles to Europe as part of its military buildup on the continent in response to an overhyped yet non-existent Russian threat and, more specifically, alleged breaking of the Intermediate-Range Nuclear Forces (INF) treaty. Last July, the United States formally notified Moscow of what Washington believed was an INF violation. Russia allegedly tested a ground-launched ballistic missile that had a range between 500 and 5,500 kilometers. This type of ...
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Chinese Hackers May be Mapping out US

The Chinese hackers who are believed to have broken into the US government’s human resources office may be trying to map the government, recruit spies and access networks in other departments, experts warned. The FBI said late last week that it was investigating the breach at the Office of Personnel Management that could have affected up to 4m current and former federal employees. People familiar with the matter said hackers in China were suspected of being responsible for the attack on the ag...
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