News

China limits drone exports to help protect Russia

Published

2 years ago

August 2, 2023

China has announced that it will limit the export of long-range drones over concerns that these devices are being used for military purposes in Ukraine.

Beijing stated that it will restrict the export of some high-performance civilian drones due to the “increasing risk” that they are being utilized for “non-peaceful purposes” by both Russia and Ukraine. This decision comes amidst accusations between Russia and Ukraine of targeting civilian buildings with drone strikes, with a recent attack on Moscow’s financial district drawing comparisons to the 9/11 attacks.

Chinese firm DJI Technology Co, a major competitor in the global drone industry, has also withdrawn from both Ukraine and Russia to prevent its drones from being used in combat. Reports indicate that both sides may have been employing Chinese-made drones for reconnaissance and potential attacks in Ukraine.

The Chinese Ministry of Commerce announced these new drone export limits along with plans to restrict the export of some lasers, communication equipment, and anti-drone systems. The restrictions will apply to drones capable of flying beyond the natural sight distance of operators or remaining airborne for more than 30 minutes, as well as those with attachments capable of launching objects.

China has previously faced allegations that its drones may be used for military purposes in the conflict, with reports of Chinese-made drones and components being sold to Russia. However, the Chinese government denies these claims and maintains a position of neutrality regarding Russia’s invasion of Ukraine.

As drone attacks continue between Russia and Ukraine, tensions escalate, and countries like China become increasingly cautious about the potential misuse of their technology for military purposes.

News

UPS cargo plane crashes in Kentucky, as death toll rises

UPS cargo plane crash in Kentucky kills four, injures 11, governor warns death toll may rise

Published

11 hours ago

November 5, 2025

Ahron Young

UPS cargo plane crash in Kentucky kills four, injures 11, governor warns death toll may rise

In Short:
– A UPS cargo plane crashed in Louisville, resulting in at least four deaths and 11 injuries.
– Investigations are underway, and all departing flights from the airport have been cancelled.

A United Parcel Service cargo plane crashed shortly after takeoff in Louisville, Kentucky, at approximately 5:15 p.m. local time, leading to at least four fatalities and 11 injuries.Kentucky Governor Andy Beshear indicated that the death toll may rise. Those who died were not part of the three-person crew aboard the aircraft, which was heading to Honolulu.

Several people with serious injuries are receiving treatment at nearby hospitals.

The crash affected two businesses in proximity to the airport: Kentucky Petroleum Recycling and Grade A Auto Parts. Grade A Auto Parts confirmed most employees were accounted for, although uncertainty remains regarding customer safety.

Nearby, a Ford Motor assembly plant lost power but was not directly impacted by the crash.

Emergency services have worked to contain a fire resulting from the incident, which required a significant number of responders. UPS has not confirmed details regarding its crew’s condition. Photographs showed the MD-11 engulfed in flames at the Louisville Muhammad Ali International Airport.

UPS operates its primary air cargo facility in Louisville, processing millions of packages daily. The plane’s fuel load of 38,000 gallons contributed to explosions that occurred upon impact with the businesses, prompting significant road closures.

Investigation Underway

The Federal Aviation Administration and the National Transportation Safety Board will conduct investigations into the crash.

In the aftermath, all departing flights from the airport have been cancelled, affecting major airlines including Delta Air Lines and American Airlines.

News

This may be the AI market correction, according to traders

US stocks tumble as tech giants report uneven earnings, prompting fears of a looming market correction.

Published

18 hours ago

November 5, 2025

Ahron Young

US stocks tumble as tech giants report uneven earnings, prompting fears of a looming market correction.

US stocks have taken a sharp dive as investors grow nervous about stretched valuations and uneven earnings reports from tech giants. Major Wall Street banks, including Morgan Stanley and Goldman Sachs, are warning that the rally could be nearing a 10% correction – a wake-up call for traders betting on unstoppable market momentum.

Nvidia, the world’s most valuable public company, dropped nearly 4%, wiping out around $200 billion in market value. Meanwhile, Palantir slid 6%, dragging other AI and semiconductor names lower. Even gold — a traditional safe haven — dipped 1.6%, signaling widespread investor anxiety.

Bitcoin also broke below the $100,000 mark for the first time since June, underscoring how jittery markets have become. As earnings season unfolds and the US government shutdown looms, investors are questioning whether the bull run that lifted the S&P 35% since April has finally run out of steam.

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News

Dick Cheney dies at 84: The end of an era in American power

Former Vice President Dick Cheney dies at 84, leaving a controversial legacy in American politics and national security.

Published

18 hours ago

November 5, 2025

Ahron Young

Former Vice President Dick Cheney dies at 84, leaving a controversial legacy in American politics and national security.

Former U.S. Vice President Dick Cheney has died at the age of 84, marking the end of one of the most influential — and controversial — political careers in modern American history. Cheney served under four Republican presidents, most notably George W. Bush, where he became known as one of the most powerful vice presidents in U.S. history.

His family confirmed he passed away from complications related to pneumonia and heart disease. Cheney’s decades in Washington were defined by his hardline approach to national security and his role in shaping America’s response to the September 11 attacks.

Even after leaving office, Cheney remained a strong defender of his policies, particularly the 2003 invasion of Iraq. His passing leaves behind a complicated legacy — one that reshaped U.S. foreign policy and continues to influence Republican politics today.

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