April 23, 2024
Funds

Pentagon eyes stockpile replenishment, funds to spur tech industry in 2025 budget

The Pentagon wants $500 million to replenish stockpiles tapped to aid Taiwan—a first for the department’s budget request. But the eventual goal is to pair that ask with supplemental funding stalled in Congress.  The funding request immediately calls out China as the pacing challenge, highlighting a larger effort in the Indo-Pacific to bolster relationships and

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Investors

Market reaction is wrong, says investor David Roche

Taiwan’s President Tsai Ing-wen speaks as Lai Ching-te, Taiwan’s vice president and the ruling Democratic Progressive Party’s (DPP) presidential candidate looks on during a campaign rally ahead of the elections in Taipei, Taiwan, January 11, 2024.  Carlos Garcia Rawlins | Reuters China sees the DPP as a threat to its ultimate aim of “reunification” with

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