UAE, Israel to Build Anti-Submarine Warfare Vessels

The UAE and Israel have agreed to joint work to create the vessels for both military and commercial uses, both the countries confirmed in a joint statement on Thursday. The announcement was made on the last day of the Duba …

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Elon Musk, Brazil Discuss Monitoring Amazon Rainforest

Elon Musk met with the Brazilian government on Tuesday to discuss a partnership that will use SpaceX technology to monitor the Amazon rainforest and provide internet connectivity in rural areas. Brazilian Communications Minister Fabio Faria said in Twitter that the …

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U.S. Tech Firms Apply for Payment System Licenses in India

Tech giants Facebook, Google, and Amazon have bid on payment licensing services for the massive digital payment market in India. The India payment market, which has dealt mostly in cash, has begun to shift in favor of digital payment systems, …

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U.S. Federal Reserve Suffers Disruption of ‘Fedwire’ Payment System

The United States Federal Reserve systems suffered a widespread disruption to multiple services for several hours on Feb. 24 due to an “operational error.” According to a message on the website of the Federal Reserve, its staff “became aware of …

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