US Loses Crucial Parts of its "5th Gen" f-35 Fighter Aircraft | Vantage with Palki Sharma A big lapse has happened at the Pentagon. An audit has found that thousands of spare parts for the F-35 fighter jets have gone missing. Moreover, the Pentagon doesn’t have an explanation for it. Are American jets war ready? There is still no progress on US’ debt ceiling. The deadlock between President Jo [...]

US Banking Crisis: Two More Banks On the Brink of Collapse? | Vantage with Palki Sharma The US banking crisis is far from over. Regional banks suffered more losses and investors are pulling out money. Two more banks are on the brink of collapse. Is the US prepared? [...]

On 26 September 2022, a series of clandestine bombings and subsequent underwater gas leaks occurred on the Nord Stream 1 and Nord Stream 2 natural gas pipelines. The pipelines were built to transport natural gas from Russia to Germany through the Baltic Sea, and are majority owned by Gazprom. The mainstream narrative claims the perpetrators and the motives were at best unknown and open to debate. [...]

As the US approaches the completion of its withdrawal from Afghanistan, which should be over by September 11, as well as in light of more and more audible demands from Iraq to withdraw troops from its soil, questions are increasingly emerging about the assessment of the almost 20-year military presence and the success of these operations. The US has squandered trillions of dollars on the [...]

A tacit admission by the US Air Force that the F-35 has failed its main mission has triggered an outpouring of outrage from Americans who think the stealth fighter’s gargantuan budget could have been better spent on other things. Frustration with Lockheed Martin’s fifth-generation stealth jet flooded Twitter on Wednesday, after Forbes magazine published a story about how USAF commissionin [...]

The ongoing US trade war with China has raised concerns about the United States deploying the ‘nuclear option’ of freezing China’s banking sector out of the global US dollar payments system, prompting the use of alternative currencies such as the euro and the yuan to settle financial transactions. The European Union’s single currency was the most used currency for global payments [...]

With the US economy reeling from the effects of the coronavirus pandemic, the Senate Foreign Relations Committee agreed to give Israel a minimum of $3.8 billion in military aid per year. A full vote on the gift is expected soon. The US unemployment rate now stands at 14.7 percent, the worst figure since records began. Nearly 39 million Americans have lost their jobs since the coronavirus reached U [...]

Despite the impact Covid-19 has had on the global economy, the US is seeking more funding to counter and confront China in the Pacific, as well as enhancing its military preparedness for scenarios involving nuclear warfare. The coronavirus outbreak has impacted the global economy in a unique and unprecedented fashion unseen since World War II. Around 63 percent of Japanese businesses have projecte [...]

The embattled USS Gerald R. Ford (CVN-78), flagship of the new Ford class of carriers which the US Navy plans to eventually replace its Enterprise- and Nimitz-class warships with, is currently years behind schedule, and facing a slew of issues which US lawmakers have complained seem to have no “end in sight.” A new report by the Pentagon’s Director of Operational Test and Evaluation (DOT& [...]

The long list of problems plaguing the F-35 Joint Strike Fighter continues to grow, with a Pentagon review finding over 800 software flaws in the costly aircraft, as well as defects that prevent its guns from hitting targets. The annual assessment by the Pentagon’s director of operational testing and evaluation, Robert Behler, revealed that the program that has cost over $400 billion so far has [...]

The Russian nuclear-capable hypersonic missile was first revealed to the public by the country's President Vladimir Putin in March 2018 and has since undergone numerous tests with the Russian Air Force – which have only confirmed its operational capabilities. Russian President Vladimir Putin attended war games between the Russian Northern and Black Sea fleets on 9 January and had a chance to see [...]

The US military’s F-35 Lightning II stealth aircraft have a problem with spare parts, and it’s keeping the planes out of the sky, according to a new report by a government watchdog. "F-35 aircraft were unable to fly nearly 30% of the May-November 2018 time period due to spare parts shortages," according to an April report by the Government Accountability Office (GAO). [...]

Escalation of US-China bilateral tariffs to shave off $1 trillion from America’s GDP. A study by the US Chamber of Commerce shows how the deterioration in the trade dispute between the world’s two largest economies, China and the United States, will drastically affect the American economy. [...]

In the aftermath of the deadly 9/11 terrorist attacks, the US has spent over $5.9 trillion on wars abroad that have resulted in the deaths of an estimated 500,000 people, according to Costs of War, research published by the Watson Institute for International and Public Affairs at Rhode Island’s Brown University. [...]

The latest technical glitch has delivered additional setbacks to the Pentagon's most prized fifth-generation fighter jet. Military experts have been left scratching their helmets trying to figure out a viable solution to the problem, but options remain limited. [...]

RT’s Boom Bust show presents the second part of a special project that looks into the quality of the US infrastructure. Even President Trump admitted that, when it comes to airports, the US is like a Third World country. Infrastructure is one of the major issues in the US as it affects the lives of millions of people and billions of dollars in the world’s largest economy. [...]

Toilet seat covers that cost $10,000? Coffee mugs for $1,200 apiece? No wonder NATO countries aren’t too keen to follow US military spending benchmarks. Even the Pentagon is looking for better deals and 3D printing for savings. While President Donald Trump browbeats NATO allies into increasing their military spending, the US Department of Defense is spending untold amounts of taxpayer money on c [...]

Special Counsel Robert Mueller’s ongoing investigation into alleged collusion between the Trump campaign and Russia has cost the US taxpayer a whopping $17 million to date and returned no evidence of collusion. The investigation spent approximately $10 million between October 2017 and March this year, according to a Department of Justice report released Thursday. [...]

Between globalization and nearly 20 years of constant warfare, the industrial part of the US military-industrial complex is not looking so good, putting future wars at risk, according to a new Pentagon report. The Annual Industrial Capabilities report, published by the Pentagon’s Office of Manufacturing and Industrial Base Policy, warns that reliance on foreign-sourced materials combined with � [...]